While the document says O'Neal makes an enormous amount of money, $1.8 million in monthly salary, publicity contracts and returns on investments, his routine expenses total $875,000 - A MONTH.
Among them: $156,116 in mortgages on three homes (including his $20 million mansion on Star Island, Miami Beach), plus $31,299 in homeowners insurance; $3,345 in phone bills; $1,610 in lawn and pool maintenance; $12,775 in food; $1,495 in cable TV; $24,300 in gas; $6,730 in dry cleaning; $17,220 in clothing; $2,305 for pets, and $110,505 in vacations.
Child care sets Shaq back $26,500 a month. He and Shaunie have four children, and Shaq had an extra one from a previous relationship. By the way, Shaq is paying $10,000-a-month in temporary child support and another 10 grand in alimony.
To his credit, the big-man-in-the-middle is doing his share in helping close the giant federal budget deficit. The 13-page document shows he pays nearly $6 million a year in federal income tax and nearly $2.5 million in taxes in states where the Heat play away games. Property taxes sets him back about $850,000.
No. 32 last September filed for divorce, accusing his wife of five years of being secretive about her finances and spending their money without his knowledge.
In his financial affidavit, however, the 7-footer is just as secretive, leaving large portions of the filing blank. He didn't reveal his net worth.
Shaunie did, estimating she weighs $30 million, including their real estate properties. [source]
Labels: Let Me Hold Something Then
CONTACT INFORMATION
Use don't abuse (ie. adding me to your site's mailing list). And for the love of God please stop sending mp3 files of your music. I am not Clive Davis and to be frank I probably don't want to hear the shit anyway. You should also know that I take my slow, precious time responding to email. And sometimes I don't respond at all. Fresh.crunkjuice@gmail.com
Fresh@myspace.com