How is Shaq so rich?

Shaq became an entrepreneur and built a business empire that includes being a brand ambassador and member of the board of directors at Papa John's, owning Auntie Anne's restaurants, creating a fashion line and much more.

How did Shaq get rich?

Former professional basketball player Shaquille O'Neal made waves in his 19-year career in the NBA. As expected, a good portion of his net worth comes from his NBA earnings. But Shaq has branched out into a variety of other business ventures, including franchise deals and music production.

What does Shaq do with his money?

According to The Sports Rush, Shaq owns 17 Auntie Annie's Pretzels restaurants, 40 fitness centers, 150 car washes, Las Vegas nightclubs and much, much more. It's earned him a net worth of more than $400 million – money he says he doesn't want his kids to live off of without putting in their own work.

How much did Shaq earn from 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.

What all companies does Shaq own?

He is the joint owner of 155 Five Guys Burgers restaurants, 17 Auntie Annie's Pretzels restaurants, 150 car washes, 40 24-hour fitness centers, a shopping center, a movie theater, and several Las Vegas nightclubs.

How Shaq Built A $400,000,000 Empire (155 Five Guys, 150 Car Washes, etc.)

Does Shaq own Walmart?

With Shaquille O'Neal claiming to own the biggest purchase in Walmart's history, it's hard to doubt the man.

Does Shaq own Krispy Kreme?

A longtime Krispy Kreme fan, O'Neal now owns his very own Krispy Kreme shop in Atlanta. This particular doughnut shop has the distinction of being Atlanta's original Krispy Kreme and has occupied its spot on Ponce de Leon Avenue for 60 years.

Did Shaq invest in Starbucks?

In an interview from 2019, Shaquille O'Neal revealed that he had the opportunity to invest in Starbucks before Magic Johnson did. But he passed on that opportunity, as he had never seen people in his family drink coffee, and assumed that the black community does not enjoy coffee.

Is Shaq part owner of ring?

A fan of Ring, a doorbell camera home security system, Shaq tracked down the inventor and bought into the business. When Amazon acquired Ring for over US$1 billion, O'Neal pocketed a tidy little profit. He also has shares in Apple and San Francisco startup Loyal3, an online stockbroking firm.

What carwash does Shaq own?

Shaq's owned (and sold) 155 Five Guys restaurants (comes to 10% of the company's ENTIRE franchise portfolio) and currently owns: 17 Auntie Anne's. 150 car washes. 40 – 24hr fitness centers.

Did Shaq grow up poor?

Retired hoops star Shaquille O'Neal grew up poor in Newark, New Jersey. Basketball was his ticket to college, and then playing in the NBA created his initial fortune.

How does Shaq own so many businesses?

Shaquille O'Neal the franchisee

When the Wall Street Journal asked O'Neal why he found franchising so attractive, the entrepreneur said, “It's just partnering up with another reliable, excellent brand. Being in business with people, and just owning stuff.”

Does Shaq own forever?

How Shaquille O'Neal Became the Second Largest Investor in the Company That Owns Reebok, JCPenney and Forever 21. Shaquille O'Neal may be most commonly known for his celebrated career as an NBA star.

Is Scottie Pippen rich?

Scottie Pippen is a retired American professional basketball player who has a net worth of $20 million. Scottie played 17 seasons in the NBA. During that time he earned $109 million in salary alone. He earned tens of millions more from endorsements.

Is Shaquille O'Neal a billionaire?

Shaq now after retirement, is not only one of the most influential sports personalities but also is among the richest. Shaq is worth around 400 million dollars which puts him in the list of the top 20 richest athletes in the world.

How much Papa John's does Shaq own?

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.

Does Shaq own forever 21?

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.

Does Shaq own part of the general insurance?

Auto Industry Mogul? Shaquille O'Neal is regularly approached by individuals and companies with various endorsement and business proposals, most of which he turns down. However, the latest company to get a “yes” from Shaq is The General auto insurance company, which currently sells insurance in 44 U.S. states.

How Rich Is Charles Barkley?

Charles Barkley is a retired professional basketball player and current television sports analyst who has a net worth of $50 million.

Does Shaquille O'Neal own Elvis?

Shaquille O'Neal just revealed he owns Forever 21, Elvis Presley, and much more. "I make investments, not for the monetary reasons, but... if it's going to change people's lives — and if I see people enjoy doing it."

Does Magic Johnson own Starbucks?

In addition to Burger King and Starbucks, Magic Johnson Enterprises has also owned a slew of businesses over the years, including gyms, movie theaters and more. According to Fox Business, as of 2020, Johnson also had controlling stakes in Aspire TV, a cable network he founded, and life insurance company EquiTrust.

How much is Michael Jordan worth?

He became part-owner and head of basketball operations for the Charlotte Bobcats (now named the Hornets) in 2006, and bought a controlling interest in 2010. In 2016, Jordan became the first billionaire player in NBA history. As of 2022, his net worth is estimated at $2.1 billion.

How much of kings does Shaq own?

O'Neal initially joined the ownership group all the way back in 2013, purchasing a less than 5% stake in the team. Aside from his initial purchase back in 2013, it's hard to recall O'Neal ever setting foot in Sacramento or being around key members of the Kings organization.

What did Shaq buy at Walmart for $70 000?

He went on to add: "Two or three in the morning, I gotta go get four or five TVs, I gotta go get printers, I gotta go get laptops. I gotta go get sheets, towels, underwear, t-shirts. "So at the end it was $70,000 so I put my credit card in and it got declined. So I pulled it out."

Does Shaq own Marilyn Monroe and Elvis Presley?

Authentic Brands Group is an industry leader and owns the licensing rights to such iconic brands as Marilyn Monroe, Elvis Presley, Muhammad Ali, Shaquille O'Neal, among others. Jamie will discuss: Brief overview of Authentic Brands Group, including owned and managed brands. Brief overview of licensing.