‘We ain’t rich, I’m rich’: Shaquille O’Neal says his kids need to make their own money
“‘My kids are older now. They’re kinda upset with me. They’re not really upset, but they don’t understand. I tell them all the time: We ain’t rich. I’m rich. ‘”
During a taping of the “Earn Your Leisure” podcast, O’Neal says he stresses the importance of education with his kids and tells them not to rely on him financially. iframe.twitter-tweet { width: 100% !important; } O’Neal, 49, made $286 million during his NBA career, and has amassed many millions more through lucrative endorsement and equity deals with Icy Hot, Gold Bond, Buick, The General, Pepsi PEP, -0.01% and Reebok. He is also a board member of Papa John’s PZZA, +1.96%.
When referencing leaving large sums of money to their children when he dies, actor Daniel Craig said recently, “My philosophy is to get rid of it or give it away before you go,” adding that it would be “distasteful” to leave millions to your heirs.
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