NBA legend Shaquille O'Neal helped build a $1 billion company after refusing to pay an $80,000 bill.


Legendary basketball player Shaquille O'Neal once helped make $1 billion after refusing to pay an $80,000 bill.

As one of the biggest stars in NBA history, it's fair to say that Shaquille O'Neal amassed a tidy fortune during his career.

The former center has splurged on a few luxuries over the years, including a $27 million private jet and three different homes in Atlanta.

Of course, as such a high-profile individual, O'Neal had to invest in high-quality home security to ensure the safety of himself and his family.

But when he contacted a security company to install a new security system in one of his homes, he was shocked at the $80,000 price tag.

Shaq may have a net worth of over $500 million, but he wasn't ready to lose that.

Instead he decided to look for a cheaper solution and bought some color cameras while shopping at Best Buy.

“The crazy thing about it is that I put it together myself,” Shaq — boasting of his DIY skills — said during an interview with Earn Your Leisure.

Schock installed the camera, but didn't realize the technology's potential until he was traveling in China.

When he saw that he could see and talk to someone from halfway around the world at his front door, it clicked that the company might be worth investing in.

He tracked down the company's booth at a tech conference and made an offer to the CEO.

“I said, 'Hey, my name is Shaquille O'Neal. I want to invest in your company, and you're going to pay me to do commercials, and then whatever happens,'” Shaq said. .

The CEO agreed and Shock became an early investor in the ring. A few years later, Jeff Bezos bought the ring for $1 billion.

Not only did O'Neal save a significant amount of money on his home security, but he also made a lot of money through his investments. He never disclosed how much his investment returned.

Leave a Comment

“The Untold Story: Yung Miami’s Response to Jimmy Butler’s Advances During an NBA Playoff Game” “Unveiling the Secrets: 15 Astonishing Facts About the PGA Championship”