Does Shaq own 50 companies?
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.
These are not the only brands/companies that Shaq owns a share in, he recently said in an Earn Your Leisure interview that his real business is owning 50 brands.
O'Neal only currently owns one location in Atlanta but says he would like to own many more and told The Wall Street Journal that Krispy Kreme is his favorite business endeavor. “I like doughnuts, and Charles Barkley loves doughnuts,” he said. “And he's my biggest customer.
He owns several Aunty Annie's Pretzels, Big Chicken, Five Guys Burgers, and Krispy Kreme Donuts franchises. He is also part owner of Buick, Gold Bond, Icy Hot, and The General. The world witnessed Shaq's supremacy as the greatest big man in NBA history.
It includes 155 Five Guys Burgers franchises, 40 24-Hour Fitness franchises, 17 Auntie Annie's Pretzels franchises, 150 car washes, several nightclubs in Las Vegas, a shopping center, a movie theater, and his own restaurant, Shaquille, apart from owning the Big Chicken restaurant chain.
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.
15 James owns an estimated 1% of FSG, valued at about $90 million, according to Forbes. 1 Fenway Sports Group owns the Boston Red Sox, Liverpool Football Club, Fenway Park, 50% of NASCAR's Roush Fenway Racing, and 80% of the New England Sports Network, among other assets.
Shaq was revealed to be one of the earliest investors in Google back in 1999. The then-Lakers big man participated in a series A round worth $100 million for the company.
– July 9, 2019 – Epson, a worldwide technology leader, today announced a partnership with NBA Hall of Famer, business leader and philanthropist, Shaquille O'Neal, to champion the everyday benefits of Epson's advanced printing solutions.
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.
What fast food does Shaq own?
Big Chicken is a fast-casual chain specializing in chicken burgers. Shaquille O'Neal is the founder of this restaurant. Big Chicken started in 2018 with a menu that features Shaq's “childhood favorites”.
24-Hour Fitness Centers
Shaq owns 40 fitness centers in the Atlanta area. However, not much else is known about this franchise endeavor other than the number and that ?? O'Neal has been involved with 24 Hour Fitness since 2013, when he first became a brand ambassador.
JCPenney and Forever 21 are included in Shaq's list of business interests. JCPenney and Forever 21 are under the Authentic Brands Group together with other retail brands such as Reebok (which Shaq was a former endorser), and Barneys New York. Since 2015, Shaq has owned interests in the Authentic Brands Group.
Real Estate/Other Property
Shaq owned a 31,000-square-foot Florida estate, which he sold in early 2021 for $16.5 million. While this is a huge amount, it's about 40% less than its original asking price of $28 million. He also sold his home in Bell Canyon, California, for $1.85 million in the same year.
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.
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.
Jordan is the principal owner and chairman of the Charlotte Hornets of the NBA and of 23XI Racing in the NASCAR Cup Series. He was integral in popularizing the sport of basketball and the NBA around the world in the 1980s and 1990s, becoming a global cultural icon.
Under Simon and Brookfield: 2020-present
Marc Rosen became CEO in 2021. In April 2022, JCPenney's owners–Simon and Brookfield– offered $8.6 billion to purchase Kohl's. Sephora had already announced plans to contract exclusively with Kohl's by 2023, and had piloted Sephora Inside Kohls at select store locations.
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.
But in 2004, she agreed to sell off 85% of Elvis Presley Enterprises' assets, including Elvis' likeness rights, for around $100 million to music entrepreneur Robert F.X. Sillerman and his company CKX Inc. Lisa Marie Presley retained 15% ownership in Elvis Presley Enterprises.
Does Shaq own Authentic Brands Group?
O'Neal has owned Authentic Brands Group's shares since 2015 when the company brought rights to his personal name brand.
1. Michael Jordan Net Worth - $2.2 Billion. Viewed by many as the greatest player in NBA history, Jordan has turned his basketball acumen into a multi-billion dollar enterprise. The six-time NBA Champion made over $90 million as a player and makes $130 million a year from Nike, as part of his iconic "Air Jordan" brand.
LeBron James is a part owner of Blaze Pizza, with a reported equity stake of $35–40 million. He initially invested in the company in 2012, when it was first starting up.
Stephen Curry currently has a net worth of around $160 million and it's only a matter of time until he becomes a Billionaire like LeBron James and Michael Jordan.
O'Neal made an early investment in Google before it went public in 2004. He has also invested in Apple, Twitter, Uber, Lyft, Ring, and PepsiCo — among many others. Other highlights on his resume: A SPAC he advises took fitness brand Beachbody public in a $3 billion merger.
READ MORE: Step inside the Papa John's Shaq built. Papa John's owns about 70 percent of the joint venture. Shaq invested roughly $840,000 for the restaurants' acquisitions costs of $2.8 million, according to a securities filing. As Ritchie mentioned earlier in the year, the ground-level impact is pretty clear.
Google was initially funded by an August 1998 investment of $100,000 from Andy Bechtolsheim, co-founder of Sun Microsystems. This initial investment served as a motivation to incorporate the company to be able to use the funds.
Shaq once spent $70000 at Walmart
And sometime later, the security from the bank contacted him and told him his card was stolen and someone was trying to buy 70000 worth of stuff from Walmart. When Shaq said it was actually him, they were shocked, but they approved the transaction.
After having signed these new contracts that last for 10 years, it's been reported that Shaq will be earning $10 million per year before tax. This would mean that O'Neal would make a total of $100 million from just his TNT contract by the time he turns 60 years old.
Shaquille O'Neal's credit card got declined
And what better shop for a one-stop destination than Walmart? He said, “So two or three in the morning, I gotta go to buy four or five TVs, I got to get printers, I got to get laptops, I got to get appliances, sheets, towels, underwear, t-shirts.” Some shopping spree Shaq!
Who has the highest Walmart purchase?
Shaquille O'Neal claims to own the biggest purchase in Walmart history, and it's hard to doubt him. In an interview on HBO's "Real Sports," O'Neal said after the Miami Heat traded him to the Phoenix Suns in 2008, he didn't have anything for his apartment, so he turned to Walmart to get some essentials.
CKX now owns rights to Elvis' music and other trademarks. “I put all of those other brands into my company, and I own all of them,” Shaq told Earn Your Leisure. Despite that, Michael Jackson never obtained any rights to Elvis' catalog.
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.
The NBA legend is one of three owners of the fast-casual chain that specializes in chicken sandwiches. Bok-bok. The big man has a new Big Chicken. NBA legend Shaquille O'Neal is opening a second Big Chicken restaurant in the Las Vegas Valley.
He still is a minority owner of the MLB's Los Angeles Dodgers, Major League Soccer's Los Angeles FC, and the WNBA's Los Angeles Sparks. Soon you might be able to add the NFL's Washington Commanders to that list.
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.
- XS NIGHTCLUB.
- ENCORE BEACH CLUB.
- ENCORE BEACH CLUB AT NIGHT.
- WYNN FIELD CLUB.
“I do 20 minutes of cardio, I'll do some chest, bis, tris, sit-ups, back and then I'm gone,” he told Men's Journal. “30-45 minutes a day, plus cardio — so about an hour a day.
The 4-time NBA champion received his Ed. D. degree in Human Resource Development. His doctorate degree has a focus on organizational learning and leadership.
O'Neal buys underwear, T-shirts and some casual wear from big-and-tall shops such as Rochester and Casual Male, but most of his clothing is custom-made.
Does Shaq have his own clothing line?
Shaquille O'Neal's brand, The Shaquille O'Neal Collection, is about success, understated elegance, and being fun and approachable. He has always set out to provide quality products at an attractive value.
Shaquille O'Neal's net worth sits around $400 million, according to Celebrity Net Worth. Shaq began to build up his massive net worth during his playing days in the NBA, where he cashed out over the course of his illustrious career.
The former NBA star still maintains a home in the Los Angeles neighborhood of Ladera Heights, and a 14.3-acre compound 30 miles from Atlanta, according to the Dallas Morning News. However, the new home helps him stay close as he grows his food business in Texas.
Much of Shaq's money came through his NBA career. He earned $292 million from his NBA contracts and an estimated $200 million in endorsem*nts while he was playing. Today, much of his wealth comes from his new business endeavors and a multiyear television deal with Warner Bros.
“In 2013, Shaq bought a 2% to 4% stake in the Sacramento Kings. But he sold his stake in 2021 in order to be a brand ambassador for online gambling platform WynnBET. The Kings are valued at $1.8 billion. Shaq made an estimated $36 million to $72 million from the sale.”
$400 Million Worth Shaquille O'Neal Could Have Owned a Shoe Factory in China But Trusted a $2.5 Billion Company to Do the Job For Him. Shaquille O'Neal and his reebok deal is one of the most overlooked sneaker signings in the NBA. It is reported that the deal was upwards of $40 million.
JCPenney and Forever 21 are included in Shaq's list of business interests. JCPenney and Forever 21 are under the Authentic Brands Group together with other retail brands such as Reebok (which Shaq was a former endorser), and Barneys New York. Since 2015, Shaq has owned interests in the Authentic Brands Group.
Article snapshot. Shaquille O'Neal turned his basketball success into a $400 million net worth through smart investments. He diversifying his portfolio in franchises such as Papa John's, Krispy Kreme, and Big Chicken, as well as startups like Google, Ring, and NRG Esports.
The company was founded in 1902 by James Cash Penney. JCPenney filed for Chapter 11 bankruptcy protection in May 2020 after the COVID-19 pandemic exacerbated existing problems. It was ultimately purchased by Simon Property Group and Brookfield Asset Management.
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.
Does Shaq own the Kings?
O'Neal became a minority owner of the Kings in September 2013. In August, O'Neal announced he was selling his share of the Kings to become a brand ambassador for the WynnBET sports gambling app. This story was originally published January 12, 2022, 8:56 PM.
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.
