SHAQ has invested $ 250,000 in this company, and now its value exceeds: “My only regret, I wish I would buy more.”

The legend of the American Professional League Shakeel O’Neil According to what was reported, he investigated a “accidental” value of $ 250,000 in giant technology GoogleWhich has now grown greatly, which contributes greatly to his current wealth.

What happenedO’Neal, known as Shaq, invested $ 250,000 in Google, which he later described as an “accident.” This investment played a major role in enhancing the value of the capable capacity of $ 500 million.

While his job profits in the American Professional League are part of his wealth, his investments after his career are a large part.

According to a report by From the inside, in the book A-List Angels: How did a group of actors, artists and athletes penetrate Silicon ValleyAuthor Zach Omali Greenberg He narrated his talks with Shaquille O’Neal on his investment strategy, including his early decision to invest in Google.

Also read: “I bombed 200 million dollars on cars and parties – now I have returned as a total of $ 2.5 billion.”

Shack investigated Google during the first days of the company and only realized the success of his investments in reading about it in a newspaper. O’Neil said: “The newspaper told me how much I did and I did not believe it.”

Greenburg recounts that Shack was playing with some children in a restaurant when he encountered their father’s interview, who was a prominent investor.

O’Neil said: “He said, Shak, I like you, I got something for you. He was introduced to me, I knew he would strike.”

“I said,” Wow, I will try it. “My only regret is that I wish I had bought more.”

Although the exact time of O’Neal investments is unknown, if it has invested $ 250,000 and holds all its shares, it was worth about $ 16.5 million on the date of the twentieth anniversary of Google for the first year.

Why do it matterShack investment story as a testimony to technical investment capabilities. Its “cross” investments in Google, one of the largest technology companies in the world, resulted in large returns, indicating the power of strategic investment, even if it is unintended.

This incident also emphasizes the importance of diversification, because O’Neill’s wealth not only depends on his professional profits in the American Professional League, but it is largely enhanced by his post -profession investments.

Read after that

The legend of shopping at Wall Mart in the American Professional League ends with a decrease in credit card – here how much he tried to spend