I never even heard of esports. He also appears as an endorser to around 50 other companies. Considering what companies Shaq owns and the size of his empire, it is proof enough that he is a mastermind both on the court and in the business world. That also made him fun and personable, which undoubtedly contributes to him being a good businessman. Of course who could forget his timeless rap album titled Shaq Diesel? He owns several 24-Hour Fitness centers and was a minority owner of the Sacramento Kings. 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 does in fact own a certain percentage of Elvis' trademark royalties, but it's not clear how much Credit: Getty. The multi-titled NBA champion has acknowledged in interviews that he has always realized money might vanish as soon as it appeared. Who owns Forever 21? Shaq continued. The franchise has 10 locations with great reviews and is closely monitored. 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. Taking a page from Warren Buffetts book, Shaq also wouldnt invest in cryptocurrency because he said he didnt understand it.. The menu at Big Chicken boasts strong flavors combined with hearty, homemade versions of customers favorite childhood dishes. So, I called the three companies [seemingly Authentic brand group, Simon property group, and Brookfield property partners] that helped people live forever, and they bought my brand for a lot of money. See a trend here? 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. You Might Like: Should You Work With a Franchise Broker? "Who owns JCPenney? ONeal made this known during an episode of his reality TV show Shaq Life.". If you have that mentality, if you have that belief, it will work. Shaq said that one of his motivators was that his mother did the chores, go to work, come home, cook dinner, and never complained saying, I never wanted to be rich, I just wanted to be able to buy my mother everything she wants. The Big Diesel said that sometimes his kids dont understand him when he says, We aint rich, Im rich. He's more than just one of the most dominant players in NBA history, he's . 2023 Fairchild Publishing, LLC. As far as his basketball achievement goes, check his personal accomplishments in his 19-year career: Shaq was as decorated as any NBA superstar, but he also had several awards during college. Coca-Cola purchased the brand name in 2007 after it had been developed in 1996. Meet Tom Brady's daughter, Vivian Lake Brady: Family and facts, List of all companies owned by Shaq as of 2023. Shaq has a reputation of being vicious at the same time. Does Shaq own JCPenney and Forever 21? Shaquille ONeal may be most commonly known for his celebrated career as an NBA star. Shaq is no stranger in the league, giving way to his part-ownership of one of its teams and being a competitor during his time in the NBA. 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. According to online sources, as of 2023, his net worth is estimated to be $400 million. Pretzel dogs, pretzel bits, and beverages are also offered by this chain thats often found in US malls. However, O'Neal has also become a renowned businessman with multiple. Shaq belongs to this elite group of multi-million NBA players. ABG did not have an update regarding which company will license footwear and apparel for Reebok, though Woodhouse said there was definite interest. 2010-2018 Mobile Cuisine, LLC - All rights reserved. According to recent estimates, Shaquille ONeals net worth is upwards of $400 million. Hoops Addict is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. All of these business and personal endeavors allowed Shaq to accumulate some $400 million up to date. All in all, Shaq owns 50 brands and does not plan on stopping there. Do Shaq owns JCPenney? In the case of Reebok, hewas adamant that the company make a competitive offer to acquire the footwear label from Adidas. As a matter of fact, Shaquille O'Neal owns 50 different brands. These franchises significantly contribute to his extensive net worth. Mortons Steakhouse Menu Prices + Power Hour (2023), Pei Wei Menu Prices + Limited-Time Offers (2023), Cinnabons Menu Prices + 4 Free BonBites (2023), Caribou Coffee Menu Prices + Free Coffee Offer (2023), Krispy Kreme Donuts 1 (In Atlanta thats nearly 60 years old. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Shaq is also one of the color commentators and producers of the hugely popular show, Inside the NBA, along with Ernie Johnson, Charles Barkley, and Kenny Smith. Shaq said, My skill is, if something comes across my desk, and I dont believe in it, I wont even look at it. Shaquille ONeal is one of the most famous athletes in the world and he is also an accomplished entrepreneur and investor. Please logout and login again. The four-time former NBA champion is among. In short, Shaq became famous because he is utterly. In his interviews and appearances, Shaq credited Jeff Bezos for the investing philosophy that he still holds dear. He also holds several franchises with popular restaurant chains. After his retirement from the NBA, Shaq pursued a career in business and entertainment. Outside of franchises, Shaq invested in his very own restaurant called Big Chicken. Barneys New York Inc. was a luxury department store in New York City that opened in 1923. All rights reserved. American fast-food restaurant franchise Five Guys offers a variety of French fries and hamburgers. Your email address will not be published. > Whats the Average Retirement Age for NBA Players? Well delve deeper into Shaqs business operations and what he does on a daily basis. Want to read more articles like this one? Since retiring from professional basketball, Shaquille ONeal has made so much dough that hes now worth a reported $400 million. Sacramento is home to just the Kings, one of the top professional sports leagues in North America. Please fill out this field with valid email address. As the business grew and achieved greater success, Shaq continued to put more money into it. But has doing so helped Shaq's net worth? Who owns JCPenney and Forever 21? Since then, the company has grown to include over 1,500 stores in both domestic and foreign markets. We'll answer this question and provide an overview of Shaq's other investments, such as his ownership stake in Walmart, Krispy Kreme, JC Penney, Forever 21 and Papa John's. Reebok Reimagines Beloved Classic Leather Trail with Help from Los Angeles Streetwear Brand Pleasures It sells famous burgers and fries incorporated with other dishes, and its location is hard to miss in the States. Shaquille ONeal, also known as Shaq, is a retired NBA player and businessman. He also appears as an endorser to around 50 other companies. This say includes being the key voice in the companys acquisition of Reebok. Or so everyone thought. 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. Click here to get a new food business case study with revenue numbers delivered each week. Sign up to receive The Atlanta Black Star Newsletter in your inbox. I dont believe that ABG would be where we are today without Shaq, and I dont believe that Shaquille ONeal would be where it is today without ABG. She Looks Just Like Her Mama But Plays Like Her Father: A Video of Shaquille ONeals and Shaunie Hendersons 6-Foot-3 Daughter Has Fans Doing a Double Take, A Woman That Can Make Shaq Look Like the Average Height: A Photo of Shaquille ONeal and 6-Foot-3 Angel Reese Has Fans Pointing Out How She Makes Him Look Normal In Size, Your Classmates Was Gonna Figure it Out: Shaquille ONeals 6-Foot-10 Son Shareef Says He Hid His Fathers Identity Until He Was Outed at a Basketball Game, Fans Are In Disbelief. Does Shaq own JCPenney? Since investing in Authentic Brands Group, ONeal has had a say in many investments. I'll let him explain. Does Shaq own Elvis Presley? Founded in 1937, Krispy Kreme is famously known for its donuts and coffee, and currently, it has over 1,300 stores worldwide. ONeal is reportedly the second highest individual shareholder of the Authentic Brands Group. As an entrepreneur, Shaq has invested in a number of businesses, including an investment in the Papa Johns Pizza chain. It was then that the former athlete made a decision that would turn him into the second-largest individual shareholder at ABG. You gotta have bachelors or masters and then if you want me to invest in one of your companies, you gotta have to present it, bring it to me, Ill let you know, Im not giving you nothing.. Currently, there are more than 1,300 Krispy Kreme locations worldwide, and more will open as a result of Shaqs involvement. Who owns Elvis Presley? Soft pretzels that are freshly baked and sensually aromatic are Auntie Annes specialty. O'Neal owns the Big Chicken brand, which he founded in 2018, and has ten locations shipping across the United States of America. ONeal has owned shares in ABG since 2015, when the company bought the rights to his name brand. ONeals wide-ranging portfolio has led him to amass an impressive net worth of $400 million.-. ), Auntie Annes Pretzel 17 restaurants (Recently sold), Five Guys Burgers (Sold) 155 restaurants. We bring people together, change perceptions, and inspire actions that impact culture for good. When ONeal called it quits in 2011, his ventures outside of basketball grew bigger and bigger until he practically had a business empire of his own. Thats not only because of his impressive basketball resume; he also has this bigger-than-life quirky personality. As a successful businessman and a former professional basketball player, Shaq has proven that anyone can do whatever they set their mind to. Shaq owns Forever 21, JCPenney, Elvis Presley, Marilyn Monroe, and others. If someone says, would you stand in front of a freight train for Shaquille ONeal, the answer is yes because hes a real partner, Salter said. Shaq joined shortly there after with a 2016 investment in the business. This figure is largely due to his success as an investor, entrepreneur, and television personality. How Much Does a Jamba Juice Cost to Open? Through the years, Reeboks revenues declined and in December of 2020, Adidas announced it would sell the business. How does Shaq own Elvis Presley? Forever 21 is a mogul in the fashion industry, with its headquarters in the United States of America. Shaq is the majority owner of the restaurant that was founded in 2018. ONeal also became the "big and tall style ambassador" for JCPenney in 2018, appearing in multiple advertising campaigns. But, he is the second highest shareholder of the Authentic Brands Group, one of the companies behind the acquisition of retailers such as Reebok, Forever 21, Barneys New York, and JCPenney. Siminoff received a proposal from possible investor Kevin OLeary, but Siminoff turned it down. Neighbors is an app that allows users to share video footage with each other online in a social setting. Restaurants, retail malls, movie theater, car washes, and nightclubs are all part of Shaqs economic empire. Forever 21 is one of several brands owned by Authentic Brands, which is in a 50-50 partnership with Simon called Sparc Group. Sneaker Releases: YG Delivers a New Block Runner Sneaker, Nobull Drops a Floral Collection + More News Dec 2, 2021 4:55PM EST How Shaquille O'Neal Became the Second Largest Investor in the Company That Owns Reebok, JCPenney and Forever 21 By Shoshy Ciment @Shoshanaciment CREDIT: JENNA GREENE. Shaq is said to be worth $400 million, or a little around 380 million. Is Shaquille ONeal the owner of Papa Johns Pizza? Related The project cost was estimated to be $7 million, and it had a 40-foot 3D digital screen. He opened one of them in his hometown, Newark, New Jersey partnering with Cory Booker, the town's mayor. Yes, he does. There are 300 fitness centres in 11 states, and at least 40 belong to Shaq, each with an original design. The company was founded in 1984 and has grown to become one of the largest retailers in the United States. I met with a lot of companies, but when I met with Jamie and his family, I knew that this was the right place to be.. His business portfolio is nothing less than the work of a financial genius. For his second album, Shaq Fu: Da Return, released in 1994, Shaq invited a slew of his favorite rappers of the . 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. Following that mantra, Shaq went on to become the unofficial franchise king in the restaurant world, among others. Allegedly, it is reported that the star takes home around $60 million annually from his endorsements, deals, and various investments. How Many Total Businesses? What Companies Does Unilever Own In 2023 DATAROMA, What Companies Does Dodge Own In 2023 DATAROMA, Bill Gates Portfolio 2023 Stock Holdings- DATAROMA, Dexcom Stock Split in 2023 [What You Should Know]. "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.". The four-time former NBA champion is among the 24-Hour Fitness centres investors. Shaq does not own JCPenney or Forever 21. Shaquille O'Neal Net Worth Now it's great that Shaq owns a lot of franchises and other businesses. 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. The four-time NBA champion claimed that Wheaties, a competitor of Frosted Flakes, had approached him about becoming the face of the brand, but he had declined since he favored the latter; he would, later on, be seen on Wheaties cereal boxes. one Krispy Kreme Amazon owns Ring LLC, a business that provides smart home security. With Reebok now under the ABG umbrella, ONeal is a partial owner of Reebok, along with the other brands in the ABG portfolio of more than 30 brands, including Juicy Couture, Brooks Brothers, and Barneys New York. Shaquille ONeal once had his sights set on owning Reebok. Forever 21 is a powerful and famous retailer brand with an excellent consumer reach and has a wealth of good potential. 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? 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Related Included in this is the Big and Sloppy sandwich, which also comes with onion rings, macaroni and cheese, and barbecue aioli sauce. 60% of past NBA players file for bankruptcy within five years of retiring, according to a Sports Illustrated research. According to the facts, Shaq owns 50 distinct brands, which he also revealed himself. You would like his business strategy because hes never afraid of anything, unless, of course, he doesnt like the product or could not understand it. Though most of its stores remain open for business, JCPenney. According to different sources, Shaq's net worth varies widely. ', Shaq is very involved in our business and very involved in his business with us, Woodhouse said. He joined the chain of fitness centres in 2013 as a brand ambassador and gradually worked up the ladder to the board of directors in 2016, and 2019 he became an advisor. ! wrote one Instagram user. On-demand, Ring gives law enforcement organizations access to the video footage from its cameras and the data from its Neighbors app. Based in San Francisco, California, Lyft is an American transportation service startup that operates in 640 American cities as well as 9 Canadian cities. 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. Through Christie Street, the crowdsourcing platform for Doorbot, more than the $250,000 intended was raised$364,000. These franchises significantly contribute to his extensive net worth. He said, Congratulations, my friend, we own Reebok. And it was one of the best days in my life., Footwear News is a part of Penske Media Corporation. Shaquille ONeal is one of the most well-known names in NBA history. He is presently involved in several food franchises likeKrispy Kreme, Papa Johns, and Auntie Annes Pretzels. So, in summary, what companies do 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? NBA players are all famous by usual standards, but Shaq is anything but ordinary.

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