Does Shaq owns JCPenney?

O'Neal is reportedly the second highest individual shareholder of the Authentic Brands Group. This company is responsible for many brand and retailer acquisitions, including Forever 21, Reebok, Barneys New York and JCPenney.

What stores does Shaq own?

Some of the franchises Shaquille owns include Papa John's, Auntie Annie's, Five Guys, 24-hour Fitness Centers, Car Washes, and Krispy Kreme. He has other business ventures outside of franchising, such as Lyft and JCPenney.

Who is the owner of JCPenney?

JCPenney has around 670 stores today and has little debt for the first time in years. The company is owned by mall landlords Simon Property Group (SPG) and Brookfield Asset Management (BAM). The two firms rescued JCPenney out of bankruptcy for $1.75 billion in the fall of 2020. It was their interest to do so.

What does Shaq have to do with JCPenney?

O'Neal is the second-largest individual shareholder of Authentic Brands Group, the company behind dozens of brand and retailer acquisitions, including Forever 21, Barneys New York, JCPenney and most recently, Reebok.

How many companies does Shaq own?

Shaq built a commercial empire since his professional basketball career was over, making money from both his own unique initiatives and other corporate endeavors. The Big Diesel has a substantial and diversified investment portfolio that includes 50 distinct companies.

Shaquille O'Neall vs Michael Phelps Swimming Competition

What companies does Shaq own JCPenney?

O'Neal is reportedly the second highest individual shareholder of the Authentic Brands Group. This company is responsible for many brand and retailer acquisitions, including Forever 21, Reebok, Barneys New York and JCPenney.

What does Shaq own at Walmart?

Shaq eventually began selling a line of Shaq brand shoes at Walmart that he said in 2016 sold “over 120 million pairs of affordable shoes for kids.” The TV personality isn't the only NBA start to sell affordable shoes, as the ex-New York Knicks player Stephon Marbury endorsed his own range of Starbury sneakers, which . ...

How many Papa John's does Shaq own?

But O'Neal also has experience franchising for several famous restaurant brands. He has owned and sold 155 Five Guys Burgers restaurants — which totaled 10% of the company's entire franchise portfolio. He also owns 17 Auntie Anne's Pretzels restaurants and nine Papa John's franchise units.

What company owns Shaq brand?

In December 2015, basketball player Shaquille O'Neal signed with ABG to manage his likeness and marketing rights. In September 2016, Julius Erving also sold his name and licensing rights to ABG, and Aéropostale was purchased out of bankruptcy by a consortium that included ABG and other investors.

How many Krispy Kreme does Shaq own?

As reported by Findingfuel.com, these include 17 Auntie Annie's Pretzels restaurants, nine Papa John's, one Krispy Kreme and a Big Chicken restaurant that is being franchised. He formerly was part-owner of 155 Five Guys restaurants.

What does Shaq invest in?

Since retiring from his 19-year basketball career in 2011, O'Neal has seen success off the court. The 50-year-old was an early investor in Google and has since accumulated a diverse portfolio, including investments in Apple, owning 17 Auntie Anne's, 40 gyms and over a hundred Five Guys restaurants.

Does Shaq own Muhammad Ali?

Shaquille O'Neal reveals he owns rights to Muhammad Ali, Marylin Monroe, and other celebrities. In an interview, Shaq revealed that he owned the rights to the royalties of celebrities like Marylin Monroe and Elvis Presley. “I don't like to seem like I'm bragging, but I'm gonna ask you a question.

What is Shaq's net worth?

Shaquille O'Neal is an American professional basketball player who has a net worth of 450 million dollars in 2023. He was also the highest-paid NBA player of his time. There was also a time when he was the mainstay of Los Angeles. Sharq net worth in 2023 is around $450 million.

Does Shaq own Marilyn Monroe?

Talking during an interview, Shaq said, “Who owns Marilyn Monroe? Who owns Elvis Presley? Me!” The former NBA champion spent around $135,000,000 to buy the rights to royalties from stars like Elvis Presley and Marilyn Monroe. This deal was possible due to Shaq's smart business investment.

How much did Shaq spend at Walmart?

The host duo decided to ask Shaq about one famous Superman story from his playing days. Shaq had allegedly spent $70,000 in a Walmart in one shopping spree. The curious Aussie hosts got Shaq to spill the tea around how and why he did so.

What are all Shaq businesses?

He has even partnered with Carnival Cruise Lines to open Big Chicken on some of their cruise ships. He also owns 40 24-Hour fitness gyms and 150 car washes. Additionally, Shaq owns a movie theater, shopping center, and a Night Club too. He is also the second largest individual shareholder of Authentic Brands Group.

Does Shaq own restaurants?

Shaq owns around 200 companies, 172 restaurants, and 40 fitness centers and has a net worth of $400 million. Interestingly, he finally broke his silence on the team that is behind his success. Shaq made millions through his salary and endorsements.

How many car washes does Shaq own?

Shaquille O'Neal Owns 155 Restaurants and 40 Car Washes Today but a Wise Lakers Legend Once Beat Him in Negotiation. Shaquille O'Neal is one of the most dominant players ever to don an NBA jersey.

How much does Shaq own of 5 Guys?

Since he announced his retirement in 2011, the NBA star has become the owner of 155 Five Guys hamburger establishments, which represented 10% of the total company.

What company did Shaq not invest in?

However, there is one investment he refused to be a part of. He regrets not taking a chance on it, to this day. According to Jordan Schultz, son of Starbucks CEO Howard Schultz, Shaq regretted not investing in Starbucks back then: "My pop went to Shaq and asked him the exact same question.

How much did Shaq invest in Google?

Shaq is an investment mogul and among his earliest finds is pre-IPO Google, which was worth $100 million and is now worth $1.89 trillion! Shaquille O'Neal was perhaps the most dominant athlete of his time and that dominance was not just on the court.

Who has more money Shaq or LeBron?

In 2022, LeBron James' net worth is estimated at slightly more than $1 billion. Shaquille O'Neal is also very successful with a net worth of $400 million.

Does Shaq own Reebok?

Shaq and ABG were in a bidding war of sorts with the likes of Baron Davis and Master P to purchase Reebok in August of 2021. Eventually, the former duo won out as they bought them from Adidas for $2.4 billion.

What Las Vegas clubs does Shaq own?

Does Shaq own Starbucks?

Oct 24, 2022. Shaquille O'Neal once turned down what later became a lucrative deal for someone else. Starbucks franchisee opportunity: During an episode of Drink Champs, O'Neal explained Starbucks CEO Howard Schultz once offered him a chance to become a franchisee of a location that would open in the hood.