Gilbert Arenas, frugal man.

[themiddle54]

A few years ago, Shaq got divorced. Right around this time, some court documents from the divorce hearing were leaked out to the public. It was honestly mind-blowing how much that man throws away a month.

His monthly expenses total over $875,000. Some of it broke down as follows:
- Vacations: $110,505
- Media (books, CD's, etc): $1,620
- Pet Care: $2,305
- Gifts: $60,417
- Clothing: $17,220
- Dry cleaning/laundry: $6,730
- Child care: $26,560
- Gas: $24,300
- Cable: $1,495
- Electricity: $10,065
- Phone: $3,345

Again, those are his monthly averages.

Here's a link to the court document if you want to see more:
http://extratv.warnerbros.com/images/ne ... qoneal.pdf

So...in summary, Arenas has nothing on Shaq.

Given Shaq's lifestyle, some of it makes sense. He probably has a 15-bedroom house or something, making that cable bill look like a good deal. $110K/month on vacation is easy. Just have a Diet Pepsi and a bag of Planters from the minibar once/day.

The one that jumps out is gas, which just blows my mind. If you drove a Hummer nonstop for 30 days, I can't imagine you'd use $24K in gas.

A Hummer gets 10 miles per gallon. Let's say you drove it non-stop at 25mph for 30 days straight and had a magic refueler that gasses you up while you go and gas in your area is $4/gal and you're super-human like Shaq and never have to stop to eat or get a coffee or potty.
30 days = 720 hours
720 hours @ 25 mph = 18K miles
18K miles @ 10 m/gallon = 1800 gallons of gas
1800 gallons of gas @ $4 = $7200

Shaq would have to have three Hummers going nonstop for a month, with another one going almost half-time for the whole month to spend $24K/month on gas.

[cardsfansince82]

The one that jumps out is gas, which just blows my mind.

I saw that too, but it could be talking about cars, airplanes, and/or his massive house.

how do you spend $17,000 a month on clothes? What does he do, burn them after each time he wears them?

I mean, $200,000 worth of clothes a year?

He's one of the richest, most famous athletes in the world. He probably doesn't wear the same outfit twice very often. High end labels are ridiculously priced as it is. Add in the fact that he has to have everything custom made for his size and it probably adds up quick. Everything about Shaq is excessive, but I have a feeling he's sitting pretty financially for a long time unlike some other athletes.

When you have a 5, a 4 and a 2 year-old in the house, really, why would you not have sharks?

While us poor folks have to rely on Labrador retrievers as pet/security system

Sad to report, but Gilbert's sharks are no longer with us. His vengeful, crazy ex-girlfriend/baby mama killed them by putting pennies in their tank. I'm not making this up.

http://deadspin.com/#!5758824/gilbert-a ... pet-sharks

[themiddle54]

I need to open a Gas Station-slash-designer clothing boutique as close to Chez Shaq as possible.

Also, I hope he made good endorsement dough last year, and has plenty saved b/c $20MM from the Cavs, after taxes as a resident in California probably barely covers $800K in monthly expenses.

[Leroy]

Sad to report, but Gilbert's sharks are no longer with us. His vengeful, crazy ex-girlfriend/baby mama killed them by putting pennies in their tank. I'm not making this up.

http://deadspin.com/#!5758824/gilbert-a ... pet-sharks

Having sharks is excessive, but killing them is disgusting.

[MrSaigon]

how do you spend $17,000 a month on clothes? What does he do, burn them after each time he wears them?

I mean, $200,000 worth of clothes a year?

Yes, he burns them. Benjamins make great kindling, btw.

[themiddle54]

how do you spend $17,000 a month on clothes? What does he do, burn them after each time he wears them?

I mean, $200,000 worth of clothes a year?

Yes, he burns them. Benjamins make great kindling, btw.

That one I can kinda see, in proportion to what he makes. If you earn $25MM or so a year in salary + endorsements pre-tax, that's only 1/125 of your income, or like someone who makes $40K/year spending $320/year on clothing. He also probably has to buy everything custom or specially-tailored because of his size.

[Transmogrified Tiger]

How exactly do you spend $3500 a month on phones?

[clevername]

how do you spend $17,000 a month on clothes? What does he do, burn them after each time he wears them?

I mean, $200,000 worth of clothes a year?

Yes, he burns them. Benjamins make great kindling, btw.

That one I can kinda see, in proportion to what he makes. If you earn $25MM or so a year in salary + endorsements pre-tax, that's only 1/125 of your income, or like someone who makes $40K/year spending $320/year on clothing. He also probably has to buy everything custom or specially-tailored because of his size.

I don't think you can make that excuse, though. There's got to be a breaking point where you're just spending money to spend money. I don't think I could buy and wear new clothes every day of the year and spend $200,000. Sure he buys expensive stuff and has to have them tailored, but I still can't imagine doing that literally all the time. In fact, since he has to have things specially tailored I'd think he'd have to continue wearing a lot of the stuff he buys since he can't just go buy stuff off the rack most of the time.

It's just damn silly to spend that much money on clothes. Just because he can doesn't mean he should.

[lukethedrifter]

Fabulous Celebrity Culture dictates that you be incredibly stupid with money. You can make excuses if you want.

[themiddle54]

I don't think you can make that excuse, though. There's got to be a breaking point where you're just spending money to spend money. I don't think I could buy and wear new clothes every day of the year and spend $200,000. Sure he buys expensive stuff and has to have them tailored, but I still can't imagine doing that literally all the time. In fact, since he has to have things specially tailored I'd think he'd have to continue wearing a lot of the stuff he buys since he can't just go buy stuff off the rack most of the time.

It's just damn silly to spend that much money on clothes. Just because he can doesn't mean he should.

Sure, but it's kinda subjective though, y'know? Some people spend a lot of money on video games. Some people spend a lot of money on their car. My Mrs. and I were in Hong Kong a few years ago, and I splurged on a tailor-made suit. Fun experience, you go in for 30 mintues a few times over a week and see the thing progress til you have a suit. I'll say this. It's held up well, and it fits me like I was poured into it. When I wear it, I feel great. If I had the dough to wear nothing but, you bet I would.