Siminoff received a proposal from possible investor Kevin OLeary, but Siminoff turned it down. Salter described the relationship between the two as a marriage, where both partners took bets on one another. 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Shaq is said to own 155 Five Guys Burgers restaurants, 40 24-hour fitness centers, 17 Auntie Annies Pretzels restaurants, 150 carwashes, several nightclubs in Las Vegas, a shopping center, and a movie theatre. According to various online analysts, SportsBrief has compiled a list of the top 10 companies owned by Shaq as of 2023. The franchise is an American-based fast-food restaurant owned by O'Neal. So, I took half that money, put it back in the company, now Im the No. Shaq has invested in 24-Hour Fitness, a global operator of wellness clubs. 2. Does Shaq own Elvis Presley? Me!, My real business is I own 50 brands, Shaq explained. What is Shaq invested in? (2023) - investguiding.com He has a net worth of $400 million . Celebrity Net Worth estimates his net worth at $400 million in 2023, while Forbes estimated it to be $350 million in 2021. and added it to the long list of his assets. Some own the latest and most expensive car models that only the wealthiest can afford. Then you may alsolike our other basketball FAQ articles here. NBA legend Shaquille ONeal may be most well-known for his NBA career and his gig as an Analyst for Inside the NBA on TNT. 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. ?Me !#BagDrop. What Franchises Does Shaq Own Right Now? (2023 Update) I called the three companies that helped people live forever, and they bought my brand for a lot of money. "He is the joint owner of 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," the report states. Please logout and login again. > Whats the Average Retirement Age for NBA Players? There are 300 fitness centres in 11 states, and at least 40 belong to Shaq, each with an original design. Who owns JCPenney? JCPenney, Under New Ownership, Is Homeless For The Holidays - Forbes 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 . Meet Tom Brady's daughter, Vivian Lake Brady: Family and facts, List of all companies owned by Shaq as of 2023. In terms of pizza delivery services, Papa Johns is ranked third in the country. The former basketballer is the second-highest shareholder of the Authentic Brands Group, which owns JCPenney. So, I took half that money, put it back in the company, now I'm the number two guy in the company." That also made him fun and personable, which undoubtedly contributes to him being a good businessman. ONeal has expressed his ambition to purchase Reebok through his association with ABG in recent years. The National Basketball Association (NBA) is one of the most popular and successful professional sports leagues in the world, with a rich history dating back to its founding in 1946. 14:45 (UTC), 7 July 2021 Investors will be able to own a piece of Shaq, Elvis and Marilyn, along with a clutch of well-known apparel and lifestyle brands, after brand licensing business Authentic Brands Group (ABG) filed to list its shares on the NYSE. Does Shaquille O'Neal own JCPenney, Forever 21, and Elvis Presley . This investment makes ONeal second in command regarding ownership of the brands mentioned above. All Rights Reserved.FN and Footwear News are registered trademarks of Fairchild Publishing, LLC. Shaquille O'Neal Bragged About his $400 Million Net - EssentiallySports What Is Shaq's Net Worth? (Updated 2023) - The Cold Wire I live in Monaco, and I love helping people make the most of their money. Under new ownership, JCPenney is no longer a publicly-traded company. Some own the latest and most expensive car models that only the wealthiest can afford. In 2011, Shaq retired and took home approximately $292 million in cash without his extra earnings from sponsorships and advertisement deals. Does Shaquille o Neal own JCPenney? As of 2023, the multinational company has over 540 outlets. O'Neal continued. People often wonder what companies Shaq own, and the list leaves them astonished. Yes, he does. A selection of specialty sandwiches is available on the Big Chicken menu. This figure is largely due to his success as an investor, entrepreneur, and television personality. The project cost was estimated to be $7 million, and it had a 40-foot 3D digital screen. American fast-food restaurant franchise Five Guys offers a variety of French fries and hamburgers. Shaquille ONeal once had his sights set on owning Reebok. Across his investment portfolios, Shaq has built generational wealth and inspires others to do the same. However, being the face of brands isnt the only thing Shaq has done in his career because whats a businessman if you dont own a few businesses. Shaq does not own JCPenney or Forever 21. On Thursday, the company behind dozens of brand and retailer acquisitions, including Forever 21, Barneys New York and J.C. Penney, entered into an agreement to buy the Reebok brand from Adidas. So, in summary, what companies do Shaq own? Shaq has long been a fan of Vitaminwater, and he even created his own flavor, Shaq Fu Punch, which he originally collaborated with in 2008. 2010-2018 Mobile Cuisine, LLC - All rights reserved. , and whats his secret to becoming richer than ever? 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. Of course, Shaq did not stop there. How Many Franchises Does Shaq Own? This company is responsible for many brand and retailer acquisitions, including Forever 21, Reebok, Barneys New York and JCPenney. Read and find out. 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.. ONeal also serves as the companys official spokesperson to help promote the chain. Related So, how rich is Shaq, really? 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. 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. You bet! His business portfolio is nothing less than the work of a financial genius. On Thursday, the company behind dozens of brand and retailer acquisitions, including Forever. Most of these players take home huge sums as salaries every week, evident by their luxurious lifestyles. 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. So it is not surprising that many people are wondering if Shaq is the owner of JCPenney and Forever 21. The Kings are a part of the Pacific Division of the Western Conference in the National Basketball Association. Do Shaq owns Elvis Presley? GOOD aligns unparalleled expertise in social science, social media, and social change. Who owns Forever 21? Since 2013, Shaq has owned a minor portion of the Sacramento Kings. Another commented, Shaq dont want the bag, he want the whole distribution center.. He also owns a percentage of Marilyn Monroe, Muhammad Ali, Forever 21, David Beckham, and Barney's New York. In 2022, he signed a deal for more outreach to regions such as Phoenix and Dallas. As an entrepreneur, Shaq has invested in a number of businesses, including an investment in the Papa Johns Pizza chain. Does Shaq own Walmart? These franchises significantly contribute to his extensive net worth. ONeal invested in nine restaurants in the Atlanta region when he first joined the board of directors of Papa Johns in early 2019. The franchise was conceived by four Murrell brothers in 1986, and Big Diesel owns 155 Five Guys restaurants throughout America. Click here to get a new food business case study with revenue numbers delivered each week. Pretzel dogs, pretzel bits, and beverages are also offered by this chain thats often found in US malls. Shaquille ONeal: The Surprising Owner of Marilyn Monroes Legacy, Investing in a Rolex Wimbledon: A Guide to Making a Smart Decision. How much does Shaq get for doing the general commercials? (2023) ONeal also noted that his net worth quadrupled ever since he kept the wise words of the Amazon CEO. As I mentioned earlier, Shaq has invested in Apple, PepsiCo, and General Electric. Amazon owns Ring LLC, a business that provides smart home security. (Cost + Fees). Although Shaq has invested in a number of businesses, he does not currently own any of the major retail brands. Forever 21 is a mogul in the fashion industry, with its headquarters in the United States of America. Does Shaquille O'Neal owns JCPenney? He revealed his plans back in 2021 to invest in Bare Knuckle FC, although he still has to give his official word on it. All Rights Reserved. Who Owns JCPenney? - Glossyfied.com That said, Shaq does not own JCPenney. That reveals a careful side of him. Included in this is the Big and Sloppy sandwich, which also comes with onion rings, macaroni and cheese, and barbecue aioli sauce. He also owns a fleet of luxury cars, including a Ferrari and a Bentley. For his second album, Shaq Fu: Da Return, released in 1994, Shaq invited a slew of his favorite rappers of the . Neighbors is an app that allows users to share video footage with each other online in a social setting. The answer to this question is no. JCPenney has significant Fine Jewelry segments, The Salon by InStyle, and Sephora within it, as well as offering customary items. Sparc can also license Aeropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica, and it recently became the core licensee and operating partner for Reebok in the U.S. More on this: