In a recent interview, Shaquille O’Neal revealed that his greed once cost him an enormous loss in business. The former Los Angeles Lakers star said that after his successful investment in Google, he started to look for shortcuts to earn quick money. The over-confidence apparently cost him a huge amount of money. The Big Aristotle talked about his failure during an interview with Grant Cardone. They released the episode on YouTube on October 8, 2022.

Shaquille O’Neal has repeatedly said that he wanted to earn money so that he could buy stuff for his parents. That was one of the factors that motivated him and enabled him to be a successful businessman. Shaq once said that if he didn’t work hard, his mother would lose the house that Shaq gifted her. The Hall of Famer stated that the outcome was not acceptable to him.

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Evidently, Shaq developed from becoming an NBA legend to a great businessman. O’Neal now owns several restaurant franchises, multiple 24-hour fitness centers, car washes, and a number of nightclubs in the Sin City. Additionally, Shaq has had a series of successful outcomes as an investor. The Los Angeles Lakers star had once invested in Google as well. The Diesel’s net worth is estimated to be $400 million.

Shaquille O’Neal fails in business

Whether it was his basketball career or his business ventures, Shaquille O’Neal has found success in both. Fans of the Big Aristotle probably know that he had been an investor in Google as well. Shaq had invested in the multi-billion dollar company back in 1999. During a brief chat with Grant Cardone, Shaq revealed how he ended up investing in Google.

He recalled that he was at a hotel when a couple of kids recognized him and he took time out to talk to them. One of the kid’s father thanked him and as an appreciation, the man suggested him the idea of being an investor in Google. Evidently, Shaq went for it and got a huge return 19 years later. Furthermore, Shaq said that after his successful venture in Google, he sort of became a greedy and an overconfident person.

“We got a really big nice hit, so you know, then I got greedy and so I started thinking I was an investment master and I failed,” said Shaq.

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Additionally, Shaq said that after he made a huge amount from Google, he started looking for quick schemes. Evidently, the NBA star learned from his mistakes and got his act straight.