O Neal bought Google s original shares for 1 million yuan, how much is it worth selling now?

In 1998, NBA star "Shark" O'Neal was a giant on the court. With his outstanding skills and dominance in the field, he signed a super contract of up to $120 million with the Lakers, reaching the peak of NBA salary at that time. However, O'Neal's wonderfulness is not limited to the basketball court, but he has also shown amazing talent in the field of business investment.

This year, when many people had not yet noticed the surging Internet wave, O'Neal embarked on the "gold rush" journey. At a hotel in Los Angeles, O'Neal started a wonderful fate. A little boy was playing in the hotel, and O'Neal quickly established a deep friendship with the child with his humorous and funny personality. Unexpectedly, the father of this child is one of the founders of Google.

At that time, the founder of Google was handling affairs in the hotel. Since no one took care of the children, he had to take him with him. When the matter was handled and he was about to leave, he witnessed the scene of O'Neal having a lot of fun with his son, and had long heard of O'Neal, the Lakers' super center, so he felt grateful. After some greetings, he introduced his work to O'Neal and sincerely invited him to become a shareholder of Google.

O'Neal was keenly aware of the huge potential contained in the emerging field of the Internet and decisively took out $1 million to become an early angel investor at Google. You should know that at that time, the development prospects of the Internet industry were still unclear and full of uncertainty and risks. If Google fails to succeed, O'Neal's investment is likely to be in a dilemma.

But O'Neal does not care about the immediate interests. He regards this investment as a long-term attempt and looks forward to gaining something in the future. More than 20 years have passed, and it has passed in a flash. During this period, Google rose rapidly like a rocket and grew into a giant in the global technology field, with its market value soaring, which is jaw-dropping.

Looking back at the original $1 million investment, according to the equity ratio at that time, the value now has reached at least $500 million, and the return is amazing. It is more worth mentioning that in the process of Google's continuous rising market value, O'Neal never had the idea of ​​selling equity, but firmly chose to hold it for a long time and enjoy the rich returns brought by Google every year.

This investment not only brought a significant increase in wealth to O'Neal, but also a strong proof of his business investment vision. Today, O'Neal's assets are as high as $1 billion, ranking among the richest players in the NBA. Even if he chooses to retire now and does nothing, the Google shares he has are enough to ensure that his family has no worries about food and clothing for the rest of their lives. With his brilliant achievements on the basketball court and outstanding vision in business investment, O'Neal wrote a legendary life of his own.