The former basketball star turned angel investor Shaquille O. Neal is no mean. So, when he says that he has "probably quadrupled" his net worth by using a simple investment strategy, it pays to pay attention to the issue.
In a recent interview with the Wall Street Journal, O. Neal said, "I heard Jeff Bezos once say [that] it makes its investments based on whether it will change people's lives, "and" once I started doing this strategy, I think I've probably quadrupled what I'm worth. " "
That adds. During his 19 year career in the NBA, O Neal has accumulated approximately $ 300 million, which he previously invested in all stakes, first stakes in Google and Apple at a nightclub of the empire of Vegas and fast food franchises like Five Guys, Auntie Anne and Papa John, according to Money.
Since retiring from the league in 2011, O 'Neal has stood out from the trend of professional athletes struggling with financial difficulties after their retirement. O Neal used his earnings and reinvested them according to his preferences, he told the Wall Street Journal.
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"If anything falls on my desk and I do not believe it, I do not even look at it," O. Neal told the Wall Street Journal. "Whenever I do business, it's not a money issue."
He stated that Google was by far his best investment, but that he most enjoyed his investment in the Krispy Kreme donut chain.
"I love donuts … Krispy Kreme is a fabulous donut, I discovered it in college and I've been in love with it since," said O. Neal at the Wall Street Journal.