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Spender: Shaquille O’Neal

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Photo: Instagram@shaq
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Within an hour of signing his first NBA contract in 1992, Shaq went on the shopping spree of a lifetime. First, he bought a Mercedes Benz for himself, then proceeded to buy both of his parents nice cars, too.

In the end, Shaq ultimately blew through an impressive $1 million in a single day. After that extreme moment of weakness, he vowed to be more careful with how he spent his money moving forward in life.

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