How is Shaq making money?

Shaquille O'Neal made his fortune as a basketball player, but also invests in franchises, startups, stocks and real estate. Shaq invests in franchises such as Papa John's, 24 Hour Fitness, Krispy Kreme and car washes. Shaq has invested in startups such as NRG Esports, Majority and Ring.

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.

How much money does Shaq make?

Shaquille O'Neal's Net Worth: $400 Million

Much of Shaq's money came through his NBA career. He earned $292 million from his NBA contracts and an estimated $200 million in endorsements while he was playing.

What does Shaq do for a living now?

Shaq's Franchise Investments: A List. His time in professional sports taught him to believe in hard work and to practice what he preaches. Mr. O'Neal has a firm business philosophy. He only endorses or buys into products and franchises he knows, and he invests in changing lives for the better.

Where does Shaq invest his money?

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.

Shaquille O’Neal’s Money Advice To Young People

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.

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.

How much does Shaq make with Walmart?

14 years from his record $70,000 Walmart purchase, Shaquille O'Neal goes into details of his insane bill. Shaquille O'Neal is quite the storyteller when it comes to narrating his own tales. Shaq's infectious personality and incredible stories have made him a media darling since his playing days.

Does Shaq own 50 brands?

He first invested in the company in 2016. Shaq owns a total of 50 brands in different industries. He certainly knows how to make money. From fitness, to car washes, to restaurants, Shaq has his hands in a little bit of everything.

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.

How much did Shaq leave for a tip?

He told Jimmy Kimmel he once left a $4,000 gratuity simply because the server asked for that amount: When I'm at restaurants, I like to show people my appreciation. So when they come up to the table, I say, 'The quicker I get my order, the bigger your tip will be. ' And then the food will come fast.

How many 5 guys Does Shaq own?

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.

How much is Papa John's paying Shaq?

The NBA Hall-of-Famer will be paid roughly $5.63 million for his services. The new contract will expire in 2025, with the option of a one-year extension.

What artist owns Shaq?

ABG acquired Elvis' royalties in November 2013 from Elvis Presley Enterprises, which was run by the late music icon's family. This includes a share of all licensing and merchandising related to the star. “I put money back in the company, and now I own all those other brands,” Shaq told Earn Your Leisure.

Does Shaq own any NBA teams?

He was a minority owner of the Sacramento Kings from 2013 to 2022 and is the general manager of Kings Guard Gaming of the NBA 2K League.

Who owns JCPenney now?

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.

Does Shaq own Krispy Kreme?

A rebuild is on the way with the original designs of the place to be brought back as a historical reminder. Shaquille O'Neal, who owns the Ponce de Leon Krispy Kreme, is set to shell out $1,400,000 to bring the place back to its glory days.

What does Michael Jordan own?

Jordan is the principal owner and chairman of the Charlotte Hornets of the NBA and of 23XI Racing in the NASCAR Cup Series.

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.

Did Shaq invest in 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.

What kind of car does Shaq drive?

17 Customized Vaydor Roadster

Shaq's custom Vaydor roadster might look like an exotic and futuristic machine most likely designed at one of the world's most exclusive sports car builders, but in reality, it's a kit that fits onto the powertrain of an Infiniti G35.

How much does Shaq make a year from commercials?

During his NBA career, Shaq earned $292 million in salary alone. He earned well over $200 million from endorsements during that same time period. Even though he has been retired for many years, Shaq still earns around $60 million per year from endorsements and various business endeavors to this day.

How many cars did Shaq buy?

Shaquille O'Neal once got pissed at a salesperson and decided to buy 3 Rolls-Royce for $1.3 million. He has never even driven those cars. During his playing days, Shaquille O'Neal was one of the most dominant players in the league. He had a long and fruitful career in the NBA while winning four NBA Championships.

Does Shaq own part of Google?

His investment in Google has since yielded an impressive 2800x. The best part is that he still has some of his original shares with him. If this doesn't prove his mettle as an investor, we don't know what will. Shaq invested in Google's 1999 Series A at a $100 million valuation.

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.