Home / Business / Shaq "quadrupled" its net worth using Jeff Bezos' investment strategy

Shaq "quadrupled" its net worth using Jeff Bezos' investment strategy



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.


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