What Companies Does Shaq Own? | Hoops Addict Since then, he has made numerous appearances in their ad campaigns. I said, Yeah. He says, Id like to invest it in ABG. And I said, Hold on, I dont understand. Salter described the relationship between the two as a marriage, where both partners took bets on one another. After his retirement from the NBA, Shaq pursued a career in business and entertainment. This can be attributed to the fact that Shaq is an athlete that spent 19 seasons as a professional athlete in the NBA. All of these business and personal endeavors allowed Shaq to accumulate some $400 million up to date. During his interview, he stated that he aims to own more than 100 Krispy Kreme cafeterias and has acquired a famous place in Atlanta. 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. ONeal also noted that his net worth quadrupled ever since he kept the wise words of the Amazon CEO. In recent years, ONeal has vocalized his desire to purchase Reebok through his partnership with ABG. However, ONeal has also become a renowned businessman with multiple successful investments. While he does not currently own JCPenney or Forever 21, he does have a number of successful business ventures and investments. Shaq rose to the position of second-largest stakeholder in the company as a result of this move. "Who owns Elvis Presley? Shaq acquired 155 Five Guys restaurants, but eventually sold off the assets. After that, ONeal decided to invest the money from that deal right back into Authentic Brands Group. Shaq owns several movie theatres located all over the United States of America. Find out the franchises and other business Shaq is investing in below. At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. What celebrity owns Forever 21? - Global FAQ During his days on the court, he was known for his magnificent and exceptional skills and was regarded as one of the best basketball players ever. 2010-2018 Mobile Cuisine, LLC - All rights reserved. "One of the wisest investors out there!" expressed a third. He also owns a percentage of Marilyn Monroe, Muhammad Ali, Forever 21, David Beckham, and Barney's New York. This question has been asked by many people, especially those who want to follow in Shaquille O'Neal's footsteps and invest in a business. Does Shaquille O'Neal own JCPenney, Forever 21, and Elvis Presley . You dont have to own a business to be a CEO, being a CEO is a mentality. Were going to build this company together. And thats how he became the second-largest shareholder of ABG.. Here are a few businesses Shaq has a stake in. Does Shaq Own Forever 21 {July} Is It True Or Not? NRG eSports, an American esports team that competes in Counter-Strike: Global Offensive, Overwatch, Fortnite Battle Royale, Rocket League, and PlayerUnknowns Battlegrounds, has Shaq as a minority owner. Atlanta Black Star is a narrative company. In 2014, Shaq disclosed that in 2004, he had put $1 million into each of Google and Apple. Since investing in Authentic Brands Group, ONeal has had a say in many investments. Do Shaq owns Elvis Presley? Please fill out this field with valid email address. Does Shaq own Walmart? Pretzel dogs, pretzel bits, and beverages are also offered by this chain thats often found in US malls. That also made him fun and personable, which undoubtedly contributes to him being a good businessman. Learn how your comment data is processed. Some own the latest and most expensive car models that only the wealthiest can afford. All of these business and personal endeavors allowed Shaq to accumulate some $400 million up to date. He recently invested in an artificial intelligence startup and is looking to expand his portfolio into the technology space. As of 2021, Shaq's net worth is somewhere around $400 million, per NBC Sports. 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. Really grateful for the opportunity to interview him and write this story.My latest for @FOS https://t.co/Ni5TyidWLY, "One day I had the children and my boys said, 'Dad, take us to the Staples Center!'" > Whats the Average Retirement Age for NBA Players? Does Shaq own The General? Shaq said in the same discussion that he never made an investment or promoted a business whose goods he wouldnt personally use. Some own the latest and most expensive car models that only the wealthiest can afford. Conclusion: According to NBC Sports, Shaq is worth an estimated $400 million and is the joint owner of several Auntie Annies Pretzels restaurants, over 100 car washes, and 40 24-hour fitness centers. He likewise advanced organizations like Burger King, Mcdonalds, Taco Bell, Pepsi, and Oreo. How much did Shaq earn in his NBA career? Shaq also owns the NBA G League team, the Delaware Blue Coats. On-demand, Ring gives law enforcement organizations access to the video footage from its cameras and the data from its Neighbors app. Who owns Elvis Presley? What Is Shaq's Net Worth? (2023) - Vetted Biz Although Shaq has invested in a number of businesses, he does not currently own any of the major retail brands. Given his success with Five Guys, Shaqs Pizza appears to be a franchising empire in the making. Playboy, Millings responded. ONeal acquired the fabled Krispy Kreme shop at 295 Ponce de Leon Avenue in Atlanta in late 2016. Footwear News is a part of Penske Media Corporation. Shaquille O'Neal Is a Partial Owner of Reebok, Forever 21, JCPenney - Footwear News. All Rights Reserved. If you found this helpful, help us out by sharing this post! Coca-Cola purchased the brand name in 2007 after it had been developed in 1996. Your login session has expired. like our other basketball FAQ articles here, What are Different Types of Shooting in Basketball. But 60,000 kids jumping up and down, louder than a basketball game, I knew that this right here, it was going to be the future. Who owns Marilyn Monroe, the former basketball star asked the two hosts. Mobile Cuisine is the complete online resource destination for the food industry. According to various online analysts, SportsBrief has compiled a list of the top 10 companies owned by Shaq as of 2023. The four-time former NBA champion is among. The biggest investor and shareholder in the Authentic Brands Group is the company's founder and CEO, Jamie Salter. Although Shaq has invested in a number of businesses, he does not currently own any of the major retail brands. Basketball is pretty simple the team with the most points at the end of play wins. His most valuable asset is likely his stake in the Papa Johns Pizza chain. So, when I was retiring, Im looking around, Im like How does Michael Jackson and all these guys live forever? So, one of the chapters in the book, joint venture-ship. Who owns JCPenney and Forever 21? Since retiring from professional basketball, Shaquille ONeal has made so much dough that hes now worth a reported $400 million. Having worked as a financial advisor and an author, I combine a passion for writing with a deep understanding of financial planning and wealth management in my writing. Sign up to receive The Atlanta Black Star Newsletter in your inbox. Click the link above for more details about the top 10 football stars holding the most expensive car collections. Powered by All in all, Shaq owns 50 brands and does not plan on stopping there. When his basketball career was over, ONeal had three jerseys retired #33 (LSU), #32 (Miami Heat), and #34 (Los Angeles Lakers). ' related Salter. We publish narratives intentionally and specifically to enlighten and transform the world. Away from the court, Shaq has made a name for himself on the big screen with such films as Kazaam (1996), Steel (1997), and Scary Movie 4 back in 2006. As a matter of fact, Shaquille O'Neal owns 50 different brands. As of this writing, he owns 10% of all Five Guys Restaurants franchise stores. "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.". How Many Franchises Does Shaq Own? In his recent weekly business conversations with the former athlete, Woodhouse related that most conversations, start[ed] off with, Have you bought Reebok yet? Rashford Vs Saka: who is the better forward at the moment? Apart from the two tech giants, most of his investments are right in his backyard. The legendary basketball player owns a restaurant named Shaquille in Las Vegas with a menu of shrimp scampi, fillet mignon, and chocolate cake, among other dishes. Following that mantra, Shaq went on to become the unofficial franchise king in the restaurant world, among others. Most of these players take home huge sums as salaries every week, evident by their luxurious lifestyles. Who Owns JCPenney? - Glossyfied.com But getting those points is more complex than it seems. The Roots Unveil Their Jaw-Dropping Tonight Show Salary - You Won't Believe How Much They Earn! The Rumor Is Out: Is Snapchat Really Getting Deleted in 2022? ONeal has 155 Five Guys franchises to his name, not to mention Big Chicken, Krispy Kreme, Papa Johns, and Auntie Annies. 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. Reebok Reimagines Beloved Classic Leather Trail with Help from Los Angeles Streetwear Brand Pleasures