Shaq Once Blew $600,000 On Two Rolls-Royces Because Mike Tyson Bought Three And He Didn't Want To Be Outdone By Him

Shaquille O'Neal, the legendary NBA star, is known for his dominance on the court, his charisma, and his larger-than-life personality. But when it comes to spending money, Shaq has some wild stories. One of the craziest times was when he spent $600,000 on two Rolls Royce cars just because Mike Tyson bought three.

Yes, you read that right. Shaq admits that this impulsive decision wasn't about necessity or even desire. It was about keeping up with the heavyweight champ. “Me and Tyson were at the Rolls-Royce dealership,” Shaq shared in an interview with Graham Bensinger, recalling the moment. Tyson, in true flashy fashion, decided to purchase three Rolls-Royces on the spot. And Shaq? Well, he couldn't let that slide.

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“I wasn't going to buy three,” Shaq confessed. “But I wasn't going to let him outdo me, either. So, I bought two.” Just like that, $600,000 vanished in a matter of moments, “down the drain.” The purchase wasn't planned, and Shaq himself later acknowledged it was pure competitiveness that drove him to match Tyson's extravagant flex.

This wasn't the first time Shaq spent money like that. Early in his career, he spent $1 million in just 30 minutes after getting a big paycheck. He also once tried to put a fish tank in his car speakers because he thought it would be cool. Sadly, the fish didn't survive the drive to practice, and Shaq ended up with a soggy mess instead of a cool car.

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The Rolls-Royce story shows how young athletes can make big mistakes with money when they suddenly have so much of it. For Shaq, buying those cars wasn't really about needing them—it was about trying to prove something.

A Lesson in Financial Growth

The good news is that Shaq learned from his early spending sprees. After blowing through his first million dollars, a bank manager gave him a reality check. This made Shaq realize he needed to understand money better. Over time, he learned how to budget, invest, and make smart business decisions. 

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Today, Shaq has a doctorate in organizational learning and leadership with a specialization in human resource development from Barry University and is worth around $500 million. He’s also seen as a very smart and capable businessman.

Even though he laughs about it now, Shaq uses stories like the Rolls-Royce splurge as lessons. His biggest takeaway is that it's not about how much money you make but how well you manage it. Stories like this remind people how easy it is to lose control if you're not careful, even if you're rich.

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