Former American basketball star Shaquille O'Neal is one of the legends of the game in the world, but he was not at the same level as an investor and businessman, and he even lost $ 17 million in one deal.
The Spanish newspaper "MARCA" reported that O'Neill became a well-known businessman after retiring from basketball, and his stardom allowed him to succeed, but everything did not go well for him, although he was saving about 25% of his income for long financial crises.
Marca said that one of the basketball legend's worst deals, in which he lost $17 million, was in the real estate he bought, ranging from nightclubs, gyms, homes and others.
She added that he bought the "Butler Lake" mansion for about $28 million, and then sold it for about $11 million, meaning that he lost $17 million in one transaction.
O'Neill described the mansion as his "dream house" and did not even want to sell it, but his financial obligations forced him to sell with such a huge loss.