Shaq owns more than 50 companies in a variety of sectors.
According to NBC Sports, Shaq owns at least a portion of;
- 155 Five Guys Burger locations
- 17 Auntie Annie’s Pretzels locations
- 40 24-hour workout centers
- 150 car washes, a shopping mall
- A movie theater
- A number of Las Vegas nightclubs.
And even then, there are still more. A few examples of Shaq’s companies and businesses are listed below:
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Let’s start with Five Guys, Which Shaq holds the most of. Shaq’s most well-known franchise is also one of these.
When visiting the United States, it’s challenging to miss Five Guys. Shaq really owns more than 10% of the whole Five Guys franchise.
This American fast-food chain Five Guys serves a selection of hamburgers and French fries.
The Four Murrell brothers had the opportunity to establish a business or enroll in college in 1986. This led to their modest beginnings.
Since then, the business has expanded to have more than 1,500 branches in both local and international markets.
John Schnatter founded this pizza company in 1984. Then, it has since expanded not just domestically but also globally (to the UK, China, the UAE, etc.).
However, Shaq joined Papa John’s board of directors in 2019 as an investor and brand ambassador.
Shaq’s name might be used by Papa John’s for a variety of market initiatives. As a result, Shaq earned a tidy $8.5 million from this decision.
He has made investments totaling up to $8.40 million in 9 restaurants across Atlanta.
Amusingly, the shares of Papa John’s and Shaq increased by 5% within moments as the news of their business partnership surfaced.
150 car washes are also included among the businesses Shaq owns. If you need his business counsel, you should consider starting a car wash.
For example, Auto Spa Bistro is another car washes center he works with. Shaq joined the company’s board of directors in 2020.
He was one of the company’s initial clients, according to the brand’s manufacturer.
24-Hour Fitness facilities, which have been around the globe for 36 years. Shaq is one of the investors in this club.
This fitness club is located in 11 states. There are 300 gyms and at least 40 of them are owned by Shaq.
Each fitness centers have a unique layout. As their brand ambassador, he joined the group of fitness centers in 2013.
Shaq gradually joined the company’s board of directors in 2016 to finally join 24-Hour Fitness as a strategic advisor in 2019.
Although Shaq has invested in other fast food outlets, Big Chicken represents his signature brand.
Typically, a family supper includes enormous servings of ice cream, side dishes, and chicken sandwiches.
In 2018, he founded the food brand with the help of other esteemed collaborators including Authentic Brand Group (ABG) and RS Hospitality.
Therefore, you should go to one of the ten Big Chicken restaurants in Las Vegas if you want to try some of Shaq’s favorite childhood foods.
In 2022, Shaq signed a contract with a Texas-based owner for more comprehensive Big Chicken outreach.
But today, in addition to the Las Vegas region, you can also experience his cuisine with strong flavors in San Antonio, Dallas, Phoenix, and Austin.
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There are also theaters among Shaq companies. For example, Shaq established a movie theater in his native Newark, New Jersey.
Together with the town’s mayor, the theater was inaugurated. So, they completely refurbished it to make it a cutting-edge movie theater.
The theater also features a 47-foot broad screen and the most recent 3D digital projection. The entire project cost roughly $7 million to complete.
Krispy Kreme Doughnuts
Shaq has added his favorite Krispy Kreme donuts to the vast list of restaurants that bear his name.
He made a name for himself as a driven entrepreneur in 2016 when he invested $2.75 million to buy this restaurant located in Atlanta.
Shaq won’t give up yet, though. The man declared that he was interested in owning a minimum of 100 Krispy Kreme cafes.
It wouldn’t be proper if the ex-basketball player didn’t invest in sports!
Shaq first joined hands with Reebok in 1992 when he agreed on a $15 million contract. He also introduced the well-known Reebok Shaq Attaq sneaker from this location.
Through his association with the Authentic Brands Group, Shaq has his sights set on acquiring Reebok.
Beginning in the late 1990s, Shaq was watching a little boy while his father was at a conference in Los Angeles.
When Google was trading at $75 per share in 2004, the father persuaded Shaq to buy some shares.
Currently, a share of Google stock is worth $1200. That was a respectable return on investment, you may say!
The mineral water company Vitaminwater made its debut in 2000 and Energy Brands distributes it.
The brand was created in 1996 and was acquired by Coca-Cola in 2007. Even Vitaminwater is a favorite company of Shaq.
In 2018, he even developed his own flavor named “Shaq Fu Punch,” for the beverage. He has since appeared in many of their advertisements.
What is the net worth of Shaq?
According to Forbes, Shaq’s net worth is $450 billion in 2023.
Forbes magazine made the data available. Shaq’s basketball career will contribute to his net worth in 2023.
He is a pioneer among basketball players. His determination is a model for many athletes in America and throughout the world.
Here a list of net worth in different years is given below: