Shaquille O’Neal – $21.9 Million, Florida

Shaquille O’Neal announced his retirement on June 2011 after 19 years of playing for different basketball teams. With a net worth of $400 million, he is using his investment money to invest on real estate. In fact, he just sold his 35,000 square feet lakeside mansion in Isleworth, a private residential community in Orange County, for $21.9 million.

The luxury home has 12 bedrooms, a 6,000-square-foot basketball court, 95-foot swimming pool, and a garage showroom that can fit up to 17 cars. Originally, he bought this property for only $4 million in 1993. With the big return, it is indeed a great real estate investment. You certainly won’t see Shaquille O’Neal in the list of NBA athletes who went broke. He’s made it a point to approach his finances more efficiently. His profit of over $15 million from selling this Orange County home is an example of his business savvy.