Did you know 60% of professional athletes end up broke within 5 years of retiring? Not Shaq though. Far from it, his personal business investments are growing to Warren Buffet status.
You won’t believe how many businesses he currently owns…
Shaquille O’Neal is one of the savviest businessmen in the North American sporting world who has managed to amassed an incredible $400 million net worth following the end of a successful 19-year NBA career.
Including over 150 car washes across the US…
Here’s a Breakdown of Shaq’s Investment Portfolio:
- Shaq owns 10% of all Five Guys (that’s 155 locations)
- 40 – 24Hour Fitness centers
- 9 Papa John’s
- Krispy Kreme
- Shaq Shoes (sold over 120 million pairs)
Side note, Shaq is also the owner of one of the most pointless website on the internet…
Pettiness aside, here’s a video where Shaq breaks down his investment strategy:
How Much Does Shaq Make on Endorsements?
In addition his business portfolio, Shaq makes a killing monetizing his personal brand too.
Shaq has endorsements with VitaminWater, Pepsi, IcyHot, and Taco Bell. All combined nets him a cool $20 million a year.
But that isn’t where he makes his fortune…His real money he prints while he sleeps in the fleet of carwashes he owns. All 150 of them, where he makes a majority of his earnings.
Watch for the full story…