It has no need for a massive corporate headquarters campus. > What Do NBA Players Do After They Retire? Considering what companies Shaq owns and the size of his empire, it is proof enough that he is a mastermind both on the court and in the business world. How many 5 guys does shaq own? - foodmiles.net Want to read more articles like this one? But the former athlete is also an avid businessman, working behind the scenes on some of the biggest retail deals of 2021. As a matter of fact, Shaquille O'Neal owns 50 different brands. This campaign led to the development of his clothing line with JCPenney called Shaquille ONeal XLG. The line launched in 2018 as a menswear brand for big and tall men. 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. Included in this is the Big and Sloppy sandwich, which also comes with onion rings, macaroni and cheese, and barbecue aioli sauce. But, he is the second highest shareholder of the Authentic Brands Group, one of the companies behind the acquisition of retailers such as Reebok, Forever 21, Barneys New York, and JCPenney. 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. As former Laker teammate Kobe Bryant would say, he was dominant and vindictive and wouldnt hesitate to break a rib or a backboard if need be. Though most of its stores remain open for business, JCPenney. Its clear Shaquille ONeal is heavily invested in JCPenney and Authentic Brands Group. Because Shaq always stayed within himself, that easily made him one of Americas biggest restaurant franchisees. 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. Shaq owns a chain of restaurants, movie theatres, retail malls, car washes, fitness centres, and nightclubs with numerous brands. Who owns Forever 21?" Shaq joined shortly there after with a 2016 investment in the business. Find out the franchises and other business Shaq is investing in below. Who owns Forever 21? The company is owned by Shaq through the Authentic Brand Group and deals with high-end latest fashion designs, accessories, and beauty products. Wrapping Things Up: What Companies Does Shaq Own? Heres a snapshot of Shaqs franchises, his total number of stores, and Shaqs other business interests we havent mentioned yet. The first location is expected to open in Atlanta, Georgia. NBA players are all famous by usual standards, but Shaq is anything but ordinary. John Schnatter established the company in 1984. ABG was awarded Company of the Year at the annual FN Achievement Awards in New York on Tuesday. O'Neal's many years of investing have really paid off. The multi-titled NBA champion has acknowledged in interviews that he has always realized money might vanish as soon as it appeared. Contribute to Atlanta Black Star today and help us share our narratives. Shaq is said to be worth $400 million, or a little around 380 million. Shaquille ONeal is one of the most well-known names in NBA history. The four-time former NBA champion is among. How much do celebrities get paid for commercials? ?Me !#BagDrop. Enter your email to get access to our best tips for success. What Is Shaq's Net Worth? (2023) - Vetted Biz Sneaker Releases: YG Delivers a New Block Runner Sneaker, Nobull Drops a Floral Collection + More News ?Who Owns JCPenny?? Shaq has accumulated a number of valuable assets over the course of his career in business and investing. Shaquille ONeal: The Surprising Owner of Marilyn Monroes Legacy, Investing in a Rolex Wimbledon: A Guide to Making a Smart Decision. Me!, My real business is I own 50 brands, Shaq explained. However, he has also conquered the business world and is quite an entrepreneur. To say Shaq has a diversified income stream would be a gross understatement.