Shaq’s Million-Dollar Money Lesson He Wishes He Knew Sooner to Avoid Blowing A lot of Money

“Rip it, save half, and don’t look at the other half” is the advice Shaq gives to young people receiving their checks — a lesson he wishes he had learned. SANTA MONICA, CALIFORNIA – JUNE 24: Shaquille O’Neal attends the 2019 NBA Awards at Barker Hangar on June 24, 2019 in Santa Monica, California. (Photo by Rich Fury/Getty Images) In an interview with CNBC “Make It” during its Halftime Report, published on May 8, 2018, Shaq tells interviewer Bob Pisani at BTIG Commissions for Charity Day that saving more than half is the best strategy for accumulating wealth. Shaq, whose net worth is estimated to be $400 million, used a piece of paper to illustrate how to save, tearing it in half and then into quarters for those seeking to become billionaires. Shaq’s Money Lessons “May I have a sheet of paper? Children, young guys coming into a lot of money, this is a $100. What you want to do is rip the $100 in half — $50, save it. Don’t even touch it. Put it away, don’t even look at it. Now you have $50 left. Now the smart people, the billionaires of the world, they’ll take half of...