NBA legend Shaquille O'Neal once 'accidentally' invested $250,000 in a company that is now one of the biggest in the world.with the likes of the Los Angeles Lakers and Miami Heat, much of his wealth is derived from investments following the end of hisO'Neal has invested in everything from car washes, health clubs and nightclubs to Apple and Ring and, at one point in time, even owned 155 Five Guys franchises.
But if you invested $1,000 in Google back in 2004 when the company first went public, your shares in Alphabet – now the search giant's parent company - would have been worth more than $66,000 on the 20-year anniversary initial public offering in August of this year, an incredible 6500 per cent increase.
Presuming Shaq did indeed invest $250,000 and has kept hold of all of his shares, they would have been worth roughly $16.5 million on the date of the anniversary. Of course, it is impossible to know if he cashed out early. But whatever his decision was, it's clear the NBA legend clearly knows what he's doing when it comes to business.
Rory O'Callaghan is Editorial Lead at SPORTbible. He has previously worked for Sky Sports News, MailOnline and Reach covering football, cricket, boxing and MMA. Tested daily as a Liverpool fan in a Manchester office.
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