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Shaquille O’Neal’s First Big Investment Was in a $1.14 Trillion Worth Company

By: Debadrita Ghosh Image credit: NBA and Twitter.

After a 19-year basketball career, followed by his retirement in 2011 Shaquille O'Neal is still on the rise, constantly making money from his business ventures and franchises.

Shaq has a net worth of $400 million. He owns 50 brands in total in different industries which include 40 fitness centers, 150 car washes, some eateries, and big chain restaurants. 

Once Shaq was asked about the first big investment that he made, to which he replied that it was Google. He was one of the earliest investors in Google back in 1999. 

Shaq revealed: "One day I'm sitting, playing at the Beverly Hills hotel, and I hear these two gentlemen talking about Google search engines, and one day your phone's gonna be this and you type anything and it comes up and I was like 'uhhh…say that again"

Finally, after the conversation, he became excited and quickly made his decision to invest in Google. However, this came out to be a wise plan. 

He also added: “I said I would like to invest in this. My guy hooked it up, we invested, and then I forgot all about it. And then I read an article, and everybody else read an article about a big hit that some of the early, early investors received.” 

Shaq has also stated that not making a larger investment in Google is his sole investing regret in life. That is unquestionably a reasonable one to have, going by how the software behemoths have risen and exploded over the previous two decades.

O'Neal's investment in Google was $100 million back in 1999. However, presently the worth of the company stands up to $ 1.14 trillion.

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