What Companies Does Shaq Own? Basketball Isn't His Only Business

June 2024 · 3 minute read

What companies does Shaq own? He could also be known for his talents at the basketball court docket, however he has a diverse portfolio of investments.

Chris Barilla - Author

As one of the biggest stars within the historical past of professional basketball, Shaquille O'Neal's legacy as an athletic phenom has long been solidified. With that being stated, the time since Shaq has ruled the hardwood has observed the famous person tackle a lot of different roles as each a businessman and a philanthropist, many of which can be about as a ways removed from basketball as may also be.

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In his fact tv show Shaq Life, the champion baller is giving fans an exceptional look at his lifestyles out of doors of basketball, and lots of are simply stunned by way of the sheer amount of businesses that Shaq is invested in. So, what companies does Shaq own? Who is he lately concerned with in a business sense? Keep reading for all the identified details.

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What companies does Shaq own?

To understand Shaq's business portfolio is to know the workings of a real financial genius. During a 2021 interview with Earn Your Leisure, Shaq broke down how he built one of these huge present financial valuation and what business investments helped bring him so far.

Many are conversant in Shaq's commercial dealings outside of basketball — think The General, Gold Bond, Icy Hot, and Buick — but the megastar took the interview as a chance to shout out the opposite notable companies he is these days invested in that made him as wealthy as he's as of late.

"I don't like to seem like I'm bragging, but I'm going to ask you a question. Who owns Marilyn Monroe? Who owns Elvis Presley? Who owns Forever 21? Who owns JCPenney? Me!" Shaq mentioned very matter-of-factly all the way through the interview.

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The star didn't elaborate on what share he owns, however he went on to explain that now that he is retired from basketball, his main business is proudly owning different companies.

My actual business is I own 50 brands," he explained. "I known as the 3 companies that helped other people are living endlessly, and they purchased my emblem for a lot of money. So, I took part that money, put it again in the company, now I'm the No. 2 man within the company."

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According to NBC Sports, some of the other businesses Shaq claims at least partial ownership over include 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.

It's also worth noting that Shaq is a hugely successful DJ, regularly performing at internationally-recognized festivals such as Tomorrowland under the moniker DJ Diesel.

What is Shaq's present internet worth?

As of 2021, Shaq's internet worth is someplace around $400 million, according to NBC Sports. The megastar reportedly takes in round $60 million in keeping with yr from endorsements and his more than a few business endeavors, even if the exact proportion breakdown break up through every of the aforementioned businesses that he is invested in has never been disclosed.

While within the NBA, Shaq took house a whopping $292 million in pure salary alone. On top of that, he netted somewhere around any other $200 million solely because of various endorsement offers and business contracts all over his profession in professional sports activities. If something is clear from all of this, it's that Shaq has made being sensible with his cash a staple of who he's for all of the time that he has spent in the spotlight.

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