Patrick Ewing once infamously said “We might make a lot of money, but we also spend a lot of money.” Perhaps nobody exemplifies this better than Mr. Money Bags, Shaquille O’Neal.
The big fella is currently going through a divorce from his wife, Shaunie, and had to turn over a statement of his finances to the courts and the Palm Beach Post managed to get their hands on it. After taking a look at the article, it’s pretty clear everything Ewing said was true. Shaq indeed makes a lot of money ($1.8 million per month), but he spends a lot of money too ($875,015 per month). Here’s how Shaq attacks the bills.
* $156,116 in mortgages on three homes (including his $20 million mansion on Miami Beach’s Star Island), plus $31,299 in homeowners insurance
* $110,505 for vacations
* $26,500 a month for child care
* $24,300 for gas
* $17,220 for clothing
* $12,775 for food
* $10,065 for electricity
* $10,000 for temporary child support
* $10,000 for alimony
* $6,730 for dry cleaning
* $5,000 for car payments
* $3,345 for phone bills
* $2,305 for pets
* $1,610 for lawn and pool maintenance
* $1,495 for cable TV
Talk about depressing! He’s dropping almost seven grand a month on dry cleaning and we can’t even scrounge up enough change to get our water turned back on. Yea, do *not* go in there! Pheeww!
[PalmBeachPost.com]: Shaq as big a spender as he is a man