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One of the wisest investors out there! expressed a third. How much did Shaq earn in his NBA career? In 2016, O'Neal bought Krispy Kreme cafeteria valued at $2.75 million and added it to the long list of his assets. He is currently a sports analyst on the television show Inside the NBA. In his recent weekly business conversations with the former athlete, Woodhouse related that most conversations, start[ed] off with, Have you bought Reebok yet? O'Neal owns the Big Chicken brand, which he founded in 2018, and has ten locations shipping across the United States of America. He follows a simple mantra when in front of people: Make them laugh, and they will remember you. Needless to say, when people see Shaq, they equate him with fun, and who doesnt want to be a part of it? He has also been successful as an actor and investor. Big Diesel owns numerous companies and brands, and his business portfolio indicates he is a financial genius. What is the Best Zone Defense for Youth Basketball. During his interview, he stated that he aims to own more than 100 Krispy Kreme cafeterias and has acquired a famous place in Atlanta. All of these business and personal endeavors allowed Shaq to accumulate some $400 million up to date. Shaquille O'Neal Net Worth Now it's great that Shaq owns a lot of franchises and other businesses. ! wrote one Instagram user. Worth It? Heres a graphical representation of the franchised businesses Shaq has owned at some point: Shaqs other business interests include the following companies: JCPenney and Forever 21 are included in Shaqs list of business interests. Who owns Marilyn Monroe? Is Shaq owner of JCPenney? The multinational pizza business was founded in 1984 by John Schnatter, and in 2019, Shaq became its new brand ambassador. As per the report, he claims 155 Five Guys Burgers areas, 17 Auntie Annies Pretzels areas, 150 vehicle washes, 40 24-hour wellness focuses, a shopping center, a cinema, and numerous Las Vegas clubs. Shaq has an estimated net worth of approximately $400 million. The 4x NBA champions business apparently doesnt stop there. He also owns 24-Hour fitness gyms, car washes, movie theatres, nightclubs, and shopping malls. ONeal claims what could be compared to 89,723 Papa Johns portions, as per a structure he recorded with the Securities and Exchange Commission, including 87,136 unvested confined stock units, or RSUs, procured through his underwriting plan. ONeal also noted that his net worth quadrupled ever since he kept the wise words of the Amazon CEO. There are 300 fitness centres in 11 states, and at least 40 belong to Shaq, each with an original design. The Big Chicken franchise, owned by O'Neal, is a fast-food dining service that serves delicious chicken sandwiches in large portions and other side dishes. Based in San Francisco, California, Lyft is an American transportation service startup that operates in 640 American cities as well as 9 Canadian cities. Since then, the company has grown to include over 1,500 stores in both domestic and foreign markets. Who owns Elvis Presley? NBA legend Shaquille O'Neal recently blew the internet away with a small sneak peek of his extensive financial portfolio. The first location is expected to open in Atlanta, Georgia. Most of his companies are based on fast foods, for instance, the Five Guys and the Big Chicken restaurants, while others deal with fashion, fitness, and car washes. I dont like to seem like Im bragging, but Im going to ask you a question. The franchise has 10 locations with great reviews and is closely monitored. Who owns JCPenney? Shaq bought a share of Rings equity in 2016 and he later joined the companys marketing strategy as a brand ambassador. The answer to this question is no. How much of Papa John's does Shaq own? [Answered!] Allegedly, it is reported that the star takes home around $60 million annually from his endorsements, deals, and various investments. This decision led ONeal to become the second-largest individual shareholder in the company. Numerous doughnut varieties are available at Krispy Kreme, along with coffee, beverages, and merchandise. Here is the list of companies Shaq ONeal owns: FOREVER 21 which is owned by Shaq is a leader in the fashion business, bringing the latest trends to everyone while inspiring individual style and confidence. In terms of pizza delivery services, Papa Johns is ranked third in the country. Watch this video ( at the 37:46 mark ), as he talks about the fact he owns JC Penney and Forever 21. Yes, he does. In 2014, Shaq disclosed that in 2004, he had put $1 million into each of Google and Apple. READ ALSO: Top 10 football stars with the most expensive car collections. Sign up to receive The Atlanta Black Star Newsletter in your inbox. How much do celebrities get paid for commercials? Related This company is responsible for many brand and retailer acquisitions, including Forever 21, Reebok, Barneys New York and JCPenney. ONeal has 155 Five Guys franchises to his name, not to mention Big Chicken, Krispy Kreme, Papa Johns, and Auntie Annies. To say Shaq has a diversified income stream would be a gross understatement. Shaquille ONeal once had his sights set on owning Reebok. Nobody:@SHAQ :Who Owns Marilyn Monroe?? Shaq has always had a knack for capturing the spotlight. Of course, Shaq did not stop there. All in all, Shaq owns 50 brands and does not plan on stopping there. Click the link above for more details about the top 10 football stars holding the most expensive car collections. Does Shaq Own Forever 21? Since then, he has made numerous appearances in their ad campaigns. In an interview with the Earn Your Leisure podcast, Shaq had this to say about his businesses: I dont like to seem like Im bragging, but Im going to ask you a question. Salter described the relationship between the two as a marriage, where both partners took bets on one another. Jerry and Janie Murrell established the business in 1986 as a 30-location small, family-run franchise. Forever 21 is a mogul in the fashion industry, with its headquarters in the United States of America. Shaq owns part of The General, Gold Bond, Icy Hot, Buick, Marilyn Monroe, Elvis Presley, Forever 21, JCPenney, Auntie Annie's Pretzels.He also works as a DJ under the name DJ Diesel, is a minority owner in the NBA's Sacremento Kings, works as a presenter for TNT and in early 2021 launched an Agency named Majority. All rights reserved. Does Shaquille O'Neal own JCPenney, Forever 21, and Elvis Presley . Join our newsletter & get our comprehensive101-pagebasketball guide. The four-time former NBA champion is among the 24-Hour Fitness centres investors. C. Penney Company, Inc (carrying on with work as JCPenney and truncated JCP) is a midscale American retail chain organization with 689 locales in 49 states and Puerto Rico. In recent years, ONeal has vocalized his desire to purchase Reebok through his partnership with ABG. It feels like bragging." Shaq had made his significant investmentbuying Google stocksbefore bidding farewell to the courts, though. He once spurned becoming an ambassador for Starbucks and admitted he wont ever get into the crypto space because he doesnt understand it. 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. Despite the undeniable success of his ventures, Shaq did not ever stop building his personal brand and expanding his reach. His net worth is impressive but not as large as some other NBA stars. These franchises significantly contribute to his extensive net worth. So, I took half that money, put it back in the company, now Im the number two guy in the company. (Note: Shaq did not clarify what percentage of these brands he owed or if they were bought outright. How Michael Wilbon Earns Top Dollar and Deserves Every Penny! Read and find out. As part of the three-year deal, Shaq also assumed the role of business spokeswoman. Powered by The former basketballer is the second-highest shareholder of the Authentic Brands Group, which owns JCPenney. This can be attributed to the fact that Shaq is an athlete that spent 19 seasons as a professional athlete in the NBA. Bezos, according to ONeal, only invests in businesses that will change peoples lives and says he follows that blueprint. He was forced to sell his stake after accepting a deal with Wynnbett. Shaq also owns a number of real estate properties, including an oceanfront mansion in Florida and a string of luxury condos in Las Vegas. The company is owned by Shaq through the Authentic Brand Group and deals with high-end latest fashion designs, accessories, and beauty products. However, he is the second-highest individual shareholder of Authentic Brands Group, a brand development, marketing, and entertainment firm. These nine Papa Johns locations still belong to Shaq as of 2023. Soft pretzels that are freshly baked and sensually aromatic are Auntie Annes specialty. NBA legend Shaquille O'Neal may be most well-known for his NBA career and his gig as an Analyst for "Inside the NBA" on TNT. Through the years, Reeboks revenues declined and in December of 2020, Adidas announced it would sell the business. If youre the smartest guy in the room, theres a problem. He also said that Everybody in this room is already a CEO. The Kings are a part of the Pacific Division of the Western Conference in the National Basketball Association. By subscribing, I agree to the Terms of Use and Privacy Policy. Shaquille O'Neal Bragged About his $400 Million Net - EssentiallySports How Many Total Businesses? Sacramento Kings is a Sacramento, California-based American basketball franchise. He was introduced to Google before it went public in 2004 and said his only regret is not buying more of Googles stocks. Shaq joined the companys board of directors in 2016 and in 2019 he was appointed a strategic advisor to the organization. shared that he owns quite a few notable businesses of his own. ONeal has also mentioned his many businesses on the Earn Your Leisure podcast: Be the first one to comment on this story. Definitely not. Like his playing days, nothing is going to stop the Big Aristotle. Shaq has a reputation of being vicious at the same time. As a matter of fact, Shaquille O'Neal owns 50 different brands. As of 2021, Shaq's net worth is somewhere around $400 million, per NBC Sports. All Rights Reserved.FN and Footwear News are registered trademarks of Fairchild Publishing, LLC. Shaquille O'Neal is a big-time legend in the basketball world, not only by his size and achievements but also by his reputation and determination. The Lakers icon has won four championships in addition to other personal honors, and he is equally successful outside of the game. Since investing in Authentic Brands Group, ONeal has had a say in many investments. On Thursday, the company behind dozens of brand and retailer acquisitions, including Forever. O'Neal is reportedly the second highest individual shareholder of the Authentic Brands Group. 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. Energy Brands distributes the mineral water brand Vitaminwater, which debuted in 2000. After Shaqs highly-successful playing career, he turned into other business ventures and effectively built quite a portfolio for himself. ), Auntie Annes Pretzel 17 restaurants (Recently sold), Five Guys Burgers (Sold) 155 restaurants. Im Kieran Walker, and Im a Celebrity and Financial Expert. My goal is to provide practical advice and insights to help my readers make informed financial decisions and achieve their financial goals. Me! Because Shaq always stayed within himself, that easily made him one of Americas biggest restaurant franchisees. So, one of the chapters in the book, joint venture-ship. Looking at the 4x champ's investment portfolio. Meet Jamie Salter, CEO of Forever 21, Barneys Owner Authentic Brands Across his investment portfolios, Shaq has built generational wealth and inspires others to do the same. It has no need for a massive corporate headquarters campus. Wrapping Things Up: What Companies Does Shaq Own? Then you may alsolike our other basketball FAQ articles here. Lyft would eventually be valued at $23.4 billion when the company went public in 2019. Now, with the news of the brands sale to Authentic Brands Group (ABG), the former NBA athlete is one step closer to that dream. Big Diesel owns 150 car washes in multiple locations in the United States of America and has employed quite several people. Players like Scottie Pippen and Dennis Rodman have met this fate. Through this partnership, he launched a series of sneakers, including the popular Reebok Shaq Attaq. ?Me !#BagDrop. Forever 21 is an American fast-fashion retailer. analysts, SportsBrief has compiled a list of the top 10 companies owned by Shaq as of 2023. Shaquille ONeals business investment portfolio is wide-ranging. Shaq owns 50 brands, according to the Big Diesel himself in his own reality TV show Shaq Life. Shaq was a part-owner of the Sacramento Kings. Shaq belongs to a group that owns about 5% of the team. According to different sources, Shaq's net worth varies widely. As a longtime partner of Reebok and an owner of ABG, its a dream come true to welcome this legendary brand to the family, ONeal said in a statement. .@SHAQ is a business legend. He has built an empire from the ground while ensuring his personal life and involvement boost its value. See a trend here? Who owns Forever 21? Shaq continued. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. This happened immediately following the contentious disclosure of their former CEO. Another commented, Shaq dont want the bag, he want the whole distribution center.. He has transformed into one of the world's entrepreneurs owning numerous companies and brands with shares worth millions. Powered by The Hall of Famer owns 17 Auntie Anne's pretzels restaurants across the United States of America, with an approximate value of over $300,000. As of 2023, the multinational company has over 540 outlets. Shaq likewise possesses the Big Chicken cheap food chain in Las Vegas, just as different Krispy Kreme establishment cafeterias in Atlanta and his own eatery, Shaquille. When his basketball career was over, ONeal had three jerseys retired #33 (LSU), #32 (Miami Heat), and #34 (Los Angeles Lakers). Ted Baker Management Exits as Authentic Inks New Deals for the British Brand. Shaquille ONeal, a basketball legend and sports broadcaster, owns a portion of the Krispy Kreme franchise.