does shaq own jcpenney and forever 21

In 2013, Shaq made his first investment in Lyft when it was still a startup. 2. Throughout his career, he was the recipient of many awards, including four NBA championships and three NBA Finals MVPs. See also 2800 Marvels: A Marvel Lover's Delight! 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. He has also appeared in numerous films, television shows, and commercials. Jordan Poole: girlfriend Kim Cruz, stats, contract, age, net worth. 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. He continues to follow Authentic Brands Group CEO and billionaire entrepreneur Jamie Salter. You Might Like: How Much Does a Jamba Juice Cost to Open? The American chain of doughnut shops Krispy Kreme was established in 1937. Founded in 1937, Krispy Kreme is famously known for its donuts and coffee, and currently, it has over 1,300 stores worldwide. Shaquille ONeal: The Surprising Owner of Marilyn Monroes Legacy, Investing in a Rolex Wimbledon: A Guide to Making a Smart Decision. And like Shaq the player, good luck stopping Shaq, the business mogul. 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. Heres a list of other investments Shaq has made through the years. ONeal has investments with Apple and Google, which is odd because the two are rivals in the technology space. 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? Bio and all the details. Although Shaq has invested in other fast food restaurants, Big Chicken is a brand that has partnered with big companies like the RS Hospitality and the Authentic Brands Group. He is reportedly in talks to acquire additional locations and expand his stake in the company. However, ONeal has also become a renowned businessman with multiple successful investments. "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. Does Shaquille O'Neal own JCPenney, Forever 21, and Elvis Presley . 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. by Ethan Miller March 17, 2023, 6:08 pm. Through Christie Street, the crowdsourcing platform for Doorbot, more than the $250,000 intended was raised$364,000. So, in summary, what companies do Shaq own? His net worth is impressive but not as large as some other NBA stars. Shaquille ONeal is one of the most well-known names in NBA history. That said, Shaq does not own JCPenney. 60% of past NBA players file for bankruptcy within five years of retiring, according to a Sports Illustrated research. As a successful businessman and a former professional basketball player, Shaq has proven that anyone can do whatever they set their mind to. Considering that each Auntie Annes costs about $385,000 to open, ONeal apparently owns seventeen sites, including ones in Michigan and Buffalo, New York. How Many Total Businesses? Shaq is a former National Basketball Association star, current television basketball analyst, and a successful businessman. Heres a snapshot of Shaqs franchises, his total number of stores, and Shaqs other business interests we havent mentioned yet. 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. WordPress.com VIP. , as of 2023, his net worth is estimated to be $400 million. The same year, Siminoff and Doorbot appeared on a Shark Tank episode to ask for a $700,000 investment in the business, which he estimated to be worth $7 million. This company is responsible for many brand and retailer acquisitions, including Forever 21, Reebok, Barneys New York and JCPenney. These brands include some in the tech space, others in fitness and lifestyle niches. 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. 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. It has no need for a massive corporate headquarters campus. This shows Big Diesels commitment to ongoing fitness even in retirement. He has also invested in a number of other companies, including a venture capital fund, an artificial intelligence startup, and an online education platform. Shaq was a part-owner of the Sacramento Kings. Wrapping Things Up: What Companies Does Shaq Own? Shaq owns part of The General, Gold Bond, Icy Hot, Buick, Marilyn Monroe, Elvis Presley, Forever 21, JCPenney, Auntie Annie's Pretzels. The retail powerhouse, led by CEO Jamie Salter and president and CMO Nick Woodhouse, recently secured a pair of major new investors thanks to its talent in reviving struggling yet iconic brands. In short, Shaq became famous because he is utterly good at basketball and has a larger-than-life personality. WordPress.com VIP. 9. The Big Diesel invested $840,000 in 9 other Papa John's restaurants, and when his name was used for marketing purposes, he pocketed a whooping sum of $8.5 million. As an entrepreneur, Shaq has invested in a number of businesses, including an investment in the Papa Johns Pizza chain. 2 guy in the company.. @SHAQ owns it!!!. > What Do NBA Players Do After They Retire? shared that he owns quite a few notable businesses of his own. Shaq has accumulated a number of valuable assets over the course of his career in business and investing. "It ranges from $500,000 to $2 million depending on the commercial and the celebrity," says one local ad exec who's worked on Super Bowl spots. Im looking forward to watching Shaqs growing list of business accomplishments just like I watched him on the hardwood so many years ago. His most valuable asset is likely his stake in the Papa Johns Pizza chain. Currently, there are more than 1,300 Krispy Kreme locations worldwide, and more will open as a result of Shaqs involvement. Find out the franchises and other business Shaq is investing in below. Since then, he has made numerous appearances in their ad campaigns. Shaquille O'Neal is a big-time legend in the basketball world, not only by his size and achievements but also by his reputation and determination. NRG eSports was created in 2015. I never even heard of esports. Though not comparable to his food franchises, the 4x NBA champ has also dabbled in fitness centers. ), Auntie Annes Pretzel 17 restaurants (Recently sold), Five Guys Burgers (Sold) 155 restaurants. "So, when I was retiring, I'm looking around, I'm like 'How does Michael Jackson and all these guys live forever?' Click the link above for more details about the top 10 football stars holding the most expensive car collections. Does Shaq Own JCPenney and Forever 21? Ive worked with some of the biggest names in the world when it comes to finance, and Im always looking for new ways to help people save money. Energy Brands distributes the mineral water brand Vitaminwater, which debuted in 2000. Although the father of five and stepfather of one did not clarify what percentage of these brands he owned or whether he'd bought outright, he went on to explain that owning brands is his main business. Watch this video ( at the 37:46 mark ), as he talks about the fact he owns JC Penney and Forever 21. Due to the aforementioned investment, Shaq is now second in command in terms of who owns the brands that are part of the Authentic Brands Group. O'Neal's many years of investing have really paid off. However, O'Neal has also become a renowned businessman with multiple. eSports is a competitive video game platform that has recently gained popularity. Your email address will not be published. Shaq belongs to this elite group of multi-million NBA players. Included in this is the Big and Sloppy sandwich, which also comes with onion rings, macaroni and cheese, and barbecue aioli sauce. But the former athlete is also an avid businessman, working behind the scenes on some of the biggest retail deals of 2021. Despite the undeniable success of his ventures, Shaq did not ever stop building his personal brand and expanding his reach. During his interview, he stated that he aims to own more than 100 Krispy Kreme cafeterias and has acquired a famous place in Atlanta. Neighbors is an app that allows users to share video footage with each other online in a social setting. You bet! ONeal has also mentioned his many businesses on the Earn Your Leisure podcast: Be the first one to comment on this story. In terms of pizza delivery services, Papa Johns is ranked third in the country. According to ONeal himself, he owns 50 different brands. The group own 37.5 percent of Forever 21 alongside the Simon Property Group . This can be attributed to the fact that Shaq is an athlete that spent 19 seasons as a professional athlete in the NBA. The renowned entrepreneur has also ventured into the entertainment industry, appearing in numerous films and television shows. 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. According to NBC Sports, Shaq is worth an estimated $400 million and is the joint owner of several Auntie Annie's Pretzels restaurants,. Based in San Francisco, California, Lyft is an American transportation service startup that operates in 640 American cities as well as 9 Canadian cities. (Video) Shaq joins Papa John's! ONeals fame is undoubtedly a factor in all of this, but its just a tiny part of his off-the-court success. Shaq also owns a number of real estate properties, including an oceanfront mansion in Florida and a string of luxury condos in Las Vegas. ONeal also made a name for himself as a movie star and a rapper. 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. These nine Papa Johns locations still belong to Shaq as of 2023. Shaq also has interests in Google Inc AKA Alphabet. A selection of specialty sandwiches is available on the Big Chicken menu. Click here to get a new food business case study with revenue numbers delivered each week. 2023 Fairchild Publishing, LLC. Dont look at it, just sign it. So I signed it. "I don't like to seem like I'm bragging, but I'm going to ask you a question. Some may catch you by surprise because they are entirely out of his comfort zone. Here is the ever-growing list of businesses under Shaqs empire. Restaurants, retail malls, movie theater, car washes, and nightclubs are all part of Shaqs economic empire. Shaq said in the same discussion that he never made an investment or promoted a business whose goods he wouldnt personally use. analysts, SportsBrief has compiled a list of the top 10 companies owned by Shaq as of 2023. Powered by He remains behind billionaire founder and CEO of Authentic Brands Group, Jamie Salter. He never said no. He has 17 Auntie Annies Pretzels restos, at least 1 Krispy Kreme franchise in Atlanta, and is heavily involved with Papa Johns. A post shared by DR. SHAQUILLE ONEAL Ed.D. 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. Reebok Reimagines Beloved Classic Leather Trail with Help from Los Angeles Streetwear Brand Pleasures Barneys New York Inc. was a luxury department store in New York City that opened in 1923. 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. .@SHAQ is a business legend. What do Marilyn Monroe, Elvis Presley, JCPenneys & Forever 21 all have in common??? 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. Is Shaq owner of JCPenney? Who does Shaq own the rights to? JCPenney has significant Fine Jewelry segments, The Salon by InStyle, and Sephora within it, as well as offering customary items. He has a net worth of $400 million . Shaq does in fact own a certain percentage of Elvis' trademark royalties, but it's not clear how much Credit: Getty. Please logout and login again. Shaquille O'Neal was a multimillionaire thanks to his NBA career. Basketball alone brought The Big Diesel upwards of $292 million (277 million) when he left the NBA, and he also made an additional $220 million (209 million) in deals and ads for companies like Reebok, Pepsi, and Oreos. First and foremost, he was a great basketball player. Allegedly, it is reported that the star takes home around $60 million annually from his endorsements, deals, and various investments. Ted Baker Management Exits as Authentic Inks New Deals for the British Brand. Who owns Forever 21? He also holds several franchises with popular restaurant chains. Jamie Siminoff founded Ring as Doorbot in 2013. 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.

1302 Esplanade, Redondo Beach, Ca 90277, University Of Florida Men's Soccer, Are Radar Detectors Legal In Wisconsin, Electric Tattoo Nashville, Articles D