Shaquille O'Neal has once again talked about money and parenting after explaining why his children must earn three degrees before they can access his wealth.
During a recent appearance on the Impaulsive podcast, the NBA Hall of Famer spoke about the values he wants his children to learn and why he believes family wealth should come with responsibility.
His comments offered a glimpse into the lessons he hopes will stay with his kids long after basketball.
O'Neal explained that education and hard work matter more to him than simply passing down money, saying, 'I also have to teach my kids we're not rich, I'm rich.'
The former NBA star has spoken about this approach before, repeatedly saying that his children should build their own careers and prove they are responsible before receiving financial help.
He recalled a story that changed the way he viewed family wealth, where a young man was left $250 million by his grandmother but was still expected to start from the bottom.
O'Neal used his own family as an example, recalling how his oldest son earned straight A's and asked for a Tesla, but was told to look at Honda vehicles instead.
The four-time NBA champion, who has earned multiple college degrees himself, has often explained that his children must show commitment, responsibility, and a strong work ethic before they can benefit from the wealth he has built.
