Apart from being an LA Lakers and Phoenix Suns legend, Shaquille O’Neal is also a businessman and philanthropist.
The Inside the NBA analyst is reportedly making more money in retirement than he was in during his playing career, and his net worth is estimated to be over $400 million. In his own reality TV show ‘Shaq Life’, O’Neal revealed that he owned around 50 brands, a number which is expected to have risen over the years.
While a full list is not available, Shaquille’ O’Neal’s portfolio looks to be highly diverse. It includes 155 Five Guys Burgers franchises, 40 24-Hour Fitness franchises, 17 Auntie Annie's Pretzels franchises, 150 car washes, several nightclubs in Las Vegas, a shopping center, a movie theater, and his own restaurant, Shaquille, apart from owning the Big Chicken restaurant chain.
Additionally, O’Neal has investments with Apple, Google, Lyft, Vitaminwater, and Ring. He was also a part-owner of the Sacramento Kings and a former investor in Google. Shaq is also heavily involved with the pizza chain Papa John's and owns several franchises of Krispy Kreme Donuts. Other notable investments of Shaq include Beachbody, Forever 21, JC Penney, Elvis Presley, Reebok, NRG eSports, and Pepsi.
Shaquille O’Neal is also a philanthropist
Despite leading a luxurious lifestyle with mansions in Atlanta and Las Vegas, the LA Lakers legend is known for his generosity towards others in his community, particularly children. O’Neal created the Shaquille O’Neal Foundation in 2019 to ’create pathways for underserved youth to achieve their full potential.’
"I had a meeting with my mother, Dr. Lucille O'Neal, and she was like, 'Baby, you've done everything I've asked you to do. I think you should go about every day just making somebody smile and making somebody happy.' So I take pride in each and every day by just making one person smile, whether it's one person or whether it's a hundred people or whether it's a thousand people."
Speaking about his desire to help children, O’Neal said:
"Children are innocent. They don't know any better. They don't go through things that we go through when it comes to paying bills and doing that. No child should wake up and not have anything to eat. No child should wake up and not have shoes or clothes on their feet. It's our job as adults, it's our job as people to always take care of the children, whether they're ours or not,"