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Shaquille O'Neal teaches kids to work their own money: 'We ain't rich, I'm rich'

 Shaquille O'Neal, as a father, is giving his kids a very important note in life: " My kids are older now. They kinda upset with me. Not really upset, but they don't understand," said O'neal in "Earn Your Leisure" podcast.

"I tell them all the time. We ain't rich. I'm rich." 

O'Neal stressed the importance of education with his kids and tells them not to rely on him financially.

"You got to have bachelor's or master's degree, and then, if you want me to invest in one of your companies, you are going to have to present it to me... Bring it to me, and I'll let you know. I'm not giving you nothing." 

The 49-year-old NBA Hall of Famer made an estimated $286 million during his NBA career, and has amassed millions of more through lucrative endorsement and equity deals with Icy Hot, Gold Bond, Buick, The General, Pepsi and Reebok. He also a board member of Papa John's PZZA.

O'Neal wants his children to "figure it out" on their own. 

"There's one rule: education. I don't care if you play basketball. I don't care about non of that, "he said. "Listen, I got six kid. I would like a doctor, somebody to won a hedge fund, a pharmacist, a lawyer, someone that owns multiple businesses, someone to take over my business. But I tell them I'm not going to hand it to you. You gotta earn it."

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