All-Star Investors Shaquille O'Neal likes tech stocks. Basketball legend-turned-business mogul Shaquille O'Neal told CNBC on Wednesday about the worst investment he ever made. Shaq has a current net worth of $400 million, according to Celebrity Net Worth. Shaquille O'Neal suing cannabis company over allegedly squandered $125K investment. By John Healy, RADIO.COM. ABG was awarded Company of the Year at the annual FN Achievement Awards in New York on Tuesday. Reuters. In the article in the Denver Post from earlier, he was also involved in buying big projects before that as well. As one of the biggest stars in the history of professional basketball, Shaquille O'Neal's legacy as an athletic phenom has long been solidified. Shaquille O'Neal is reportedly filing a lawsuit claiming his former marijuana business partners owe him money and is seeking more than $1 million in damages. He earned . Slide 1 of 11: Shaquille O'Neal is everyone's favorite big man and former NBA superstar because he knows sports and loves making people . Shaquille O'Neal is making a splash in the real estate scene. Tailored for skilled restaurant owner/operator groups, like Alba, the franchise investment has been designed to align with successful, multi-unit investors who want to become part of Shaquille's dream team. In an exclusive interview with Benzinga . C. Daniel Baker March 6, 2013. The 48-year-old is a former four-time NBA champion, a combat sports fan, and is an active investor. Founded in 2012, The Alkaline Water Company (NASDAQ . He's in the house. Shaqs investment portfolio is extensive and diverse and holds 50 different businesses. What Rock didn't know at the time was that Shaq had already started building a portfolio that would one day include investments in Vitaminwater and Ring, as well as pieces of multi-billion-dollar. He decided to live a better life and make smart investments outside of basketball so that he would never go . He reportedly owns 40 24-hour fitness gyms and 150 car washes, according to The Hustle. Google was founded back in the late 20th century. More on this storyline. Net worth: $400 million (reported) Shaquille O'Neal is a former NBA star and four-time NBA champion who played for the Orlando Magic . Google isn't the only company in Shaq's stock portfolio, he regularly trades penny stocks for fun and has other significant investments. Authentic Brands Group will . The company also lost $100.5 million in the first quarter alone, reflecting a (91%) net loss margin. O'Neal's confidence reflects the many years he's spent growing his own brand. You can have an impression that Shaq's very lucky. After taking his defensive prowess off the court, former NBA player Shaquille O'Neal has turned his attention to our communities by way of a partnership with outdoor home security company Ring . In the tech arena, Shaquille O'Neal has also invested in Loyal3, a San Francisco startup that revolves around giving individuals IPO access. The Alkaline Water Company Inc. (NASDAQ: WTER) has recruited basketball legend Shaquille O'Neal as the brand ambassador for its Alkaline88 product line. According to TMZ, the NBA legend . He owns many Papa John's Pizza and Auntie Anne's pretzel franchises. Getty Images Steady, a fintech startup and app founded by former investment banker Adam Roseman, helps people find gig work , get advice on managing their finances, and save money. Notice how this new investment aligns with fitness. During his 19-year NBA career, Shaquille O'Neal was one of the most dominant big the league had ever seen. O'Neal has never revealed how much he invested in Google, but the company's share price jumped 18 percent on day one, and within a decade, had increased its share price 15 times over. BIG Texas. November 20, 2019. 2015-16 Totally Certified - Certified Hall Hopefuls - #5 Shaquille O'Neal, Los Angeles Lakers (SN 195/199). Shaquille O'Neal joining Alkaline Water Co. as an equity partner, becoming the company's largest shareholder. The company getting included in the Russell Microcap® Index. Earning nearly $300 million during his career, O'Neal has turned to investing in companies and a position as an NBA commentator to keep his fortune growing. NBA legend Shaquille O'Neal, who grew up in Newark, announced a new $150 million high-rise as he celebrated milestone for Shaq Towers, a 22-story building already in the works. NBA Hall of Famer Shaquille O'Neal is joining Alkaline Water Co. as an equity partner and member of the board of advisers, betting he can help make inroads for the bottled-water company in a crowded market. In 2021, The Alkaline Water Company welcomed O'Neal to its board of advisors and to serve as the . He had previous careers as a basketball player and rapper. The Hall of Fame legend held an official ribbon-cutting ceremony earlier this week in Newark, New Jersey for a 22-story, $80 million high-rise apartment building with New York City views. O'Neal mentioned after Adidas purchased the company in 2005, he believes . Shaq owns 150 car washes, 40 24-hour fitness centers, a shopping center, a movie theater, and several Las Vegas nightclubs. Copy Link. Founded in 2018, Big Chicken is backed by a dream team of partners; JRS Hospitality, an accomplished Las Vegas-based ownership group; Authentic Brands Group, a multi-national, multi-billion-dollar brand development, marketing and entertainment company; and Hall of Fame basketball star Shaquille O'Neal. The franchise is famous for its fresh hot doughnuts but also sells hot and cold beverages, soft-serve ice cream, and various shakes. Shaquille O'Neal, however, makes more money now than ever before, taking home more than his peak NBA salary every year. Shaquille Rashaun O'Neal (/ʃəˈkiːl/ shə-keel; born March 6, 1972), nicknamed Shaq (/ʃæk/ shak), is an American sports analyst on the television program Inside the NBA. The Shaquille O'Neal Foundation receives 100% of proceeds from the NFT collection. Big Chicken fuses O'Neal's home . It. The Many Business Ventures of Shaquille O'Neal. 1625. Authentic Brands Group, which manages. Here's here. Shaq started the O'Neal group in 2006 which invests heavily in real estate, but as we know he was involved in investing before that. Posted In: CBD In The News Tags: $125K, allegedly, Cannabis, Company, Investment, O'Neal, over, Shaquille, squandered, suing Shaquille O'Neal. . Shaquille O'Neal. Between 2004 and now, Google's . The company is a graduate of the AngelPad incubator. The company gradually grew into the world's largest search engine, transforming the increasingly digital internet world. The $80 million . FYI: Shaq took fitness brand Beachbody public in a merger worth $3 billion ( he's an advisor ). In the article in the Denver Post from earlier, he was also involved in buying big projects before that as well. Some earn millions of dollars annually, and Shaq is no exception. . That's according to the new book "A-List Angels" by Zack O'Malley Greenburg, which . He was ringside for Bare Knuckle Fighting Championship 's highly . January 19, 2018. In addition to serving as the new face of FORTO coffee, he also owns 17 Auntie Anne's, a Krispy Kreme franchise and. In 2002 Shaq said; "My dream is to own $1 billion a year in affordable housing,". O'Neal, and fellow TNT NBA analysts Kenny Smith and Charles Barkley discussed Ayton's future with the Suns after the top overall seed was eliminated by the Dallas . Shaq owns part of The General, Gold Bond, Icy Hot, Buick, Marilyn . Former NBA star, current 'Inside the NBA' sports analyst. Shares climbed as much as 9% Thursday, the most since March 9. November 25th, 2021 . The Path To Success. (Photo: Business Wire) "Shaquille O'Neal's track record as a basketball champion and Hall of Famer has translated into similar successes in . His associations include brands such as Lyft, Ring and Vitaminwater. Real estate is a huge source of income for many athletes. O'Neal was served a double shot of humility when Earvin 'Magic' Johnson bought stakes in 105 Starbucks franchises and ended up selling them back to the company in 2010 for an estimated $27million. Shaq started the O'Neal group in 2006 which invests heavily in real estate, but as we know he was involved in investing before that. He had an instant connection with Steady that motivated him to get involved and help people find work. 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 . Getty Images Steady, a fintech startup and app founded by former investment banker Adam Roseman, helps people find gig work , get advice on managing their finances, and save money. Shaq also has investments outside of the food industry. He received his profit from the investment when Amazon purchased the company for over $1 billion. Former NBA player Shaquille O'Neal has opened an apartment tower in his hometown of Newark, New Jersey, according to NJ.com. That money he has invested in numerous companies, increasing his net worth. In 2019, Shaquille established The Shaquille O'Neal Foundation. Shaquille O'Neal. Shaq made about $300 million during his 19-year career in the NBA. It is a rare occasion that Shaquille O'Neal meets an endorsement deal he disagrees with, but not every investment has paid off for the Big Aristotle. March 27, 2020, 8:01 PM PDT. NBA Hall of Famer Shaquille O'Neal is joining Alkaline Water Co. as an equity partner and member of the board of advisers, betting he can help make inroads for the bottled-water company in a. Earning nearly $300 million during his career, O'Neal has turned to investing in companies and a position as an NBA commentator to keep his fortune growing. The company has been identified as Viceroy LLC according to court documents. Listed at 7 ft 1 in (2.16 m) tall[1] and weighing 325 pounds (147 kg), he was one of the heaviest players ever to play in the NBA, where he played for six teams . However, a year later, the company still had no licenses, revenue . In more recent news, Shaq is now on Papa John's board of directors. The first product collaboration with Shaq to hit the market is the new Shaq Paq 2-liter six-pack. Shaquille O'Neal is taking his talents to the public market, alongside one of Martin Luther King Jr.'s sons and three ex-Disney executives with a special purpose acquisition company (SPAC). Shaq's charitable foundation provides toys, clothing and meals for underprivileged youth and also creates . In 2006, he created The O'Neal Group and invested in The Met Miami — a multistory . Shaquille O'Neal has joined the team as an Advisor and Advocate for the BYO workforce. Google Google is a multinational corporation that specializes in Internet-related services and products. Mr. O'Neal has worked with brands for decades, through both endorsement and investment deals. The former NBA superstar is suing a business partner after O'Neal's 2016 investment in a legal cannabis company, identified as Viceroy LCC, was allegedly mismanaged, the Daily Mail reports. Additional investors include Shaquille O'Neal . Shaquille O'Neal refused to make the same mistakes that NBA legends before him made. Instead of blowing his $300 million he earned while playing, O'Neal wisely invested his money and built a staggering financial portfolio, that helps him earn more than $30 million per year. He is best known for his days as an NBA legend, but since hanging it up, he's become an all-star in the business world. He's used some of that money to invest in a wide range of things - from early stakes in Google and Apple to a growing empire of . Founded in 2018, Big Chicken is backed by a dream team of partners; JRS Hospitality, an accomplished Las Vegas-based ownership group; Authentic Brands Group, a multi-national, multi-billion-dollar brand development, marketing and entertainment company; and Hall of Fame basketball star Shaquille O'Neal. The lesser-known fact is, O'Neal invested in the company's Series A in 1999. " The traditional 9-5 career path doesn't work for everyone, and we're seeing more and more people . Board of Directors Shaquille O'Neal Founder Jeff Assaf Senior Managing Director and Chief Investment Officer, ICG Advisors Tara August Senior Vice President, Turner Sports Elicia Azali Chief Marketing Officer, American Family Insurance Irving Azoff Chairman & CEO, The Azoff Company Former NBA star Shaquille O'Neal says his only regret is not buying more shares of Google in the '90s. Reuters. Shaquille O'Neal has sold the rights to his future business endeavors to one of the biggest brand management companies in the world. At 7-foot-1 and well over 300 pounds, Shaq was an unstoppable force teams could only . O'Neal has owned shares in ABG since 2015, when the company bought the rights to his name brand. Well, he made an effort to achieve what he has. Authentic Brands Group (ABG), a brand development, marketing, and entertainment company is a strategic partner of the Shaquille O'Neal brand. The Google deal that worked wonders for Shaquille O'Neal. Authentic Brands Group, which manages. 10772. The Basketball Hall of Famer told CNBC he's gotten good returns from being an early investor in Google, and still holds stock with the company today - although he hasn't given details. He will also serve as a marquee brand ambassador for Alkaline88®. Their latest investment was Angel Round - Maxpro Fitness on May 27, 2021, when Exits Number of Exits 1 Shaquille O'Neal has 1 exit - Google. After retiring, over 60% of NBA players are broke within five years. It is the first high-rise apartment in Newark in more than 50 years. O'Neal told The Wall Street . He started with small steps by buying a copy of The Dummies Guide To Building A Business which eventually led to his first successful deal with Reebok (the one from 1992).Later on, he got his MA in Business at the University of Phoenix, and that's when his franchise . Source: Oath Video Player. He owns a Shaquille's burger joint in LA — Shaq named the whole burger joint after himself! Shaquille O'Neal has a bunch of investments and business ventures While in the NBA, Shaquille O'Neal brought in close to $300 million during his career. According to USA Today, Shaqille O'Neal said he'll likely invest in BKFC, the bareknuckle organization founded in 2018 by Dave Feldman. Last autumn, without much attention, the former NBA superstar, Shaquille O'Neal, and his multimillionaire business partner, Vivek Ranadivé, invested in Pipedrive. Shaquille O'Neal as a Realtor. Real Estate Shaquille O'Neal is a man of many investments, and he plans to build upon his business resume by purchasing Reebok. The news about Associated Wholesale Grocers adding 1 Gallon and bulk 3 Liter bottles of Alkaline88 to five warehouses. Contact Information Primary Investor Type Angel (individual) Primary Office 101 Marietta Street Northwest 25th Floor, Suite 2500 Atlanta, GA 30303 United States Shaquille O'Neal Investments (7) NRG Esports, founded by Sacramento Kings co-owners Mark Mastrov and Andy Miller in 2015, is one of the leading esports organizations in the world. 9 Investing Lessons to Learn From Shaquille O'Neal. Dale Earnhardt owns a seat on the NYSE. Shaquille O'Neal is suing his business partner over allegedly squandering a $125k cannabis investment. Basketball legend Shaquille O'Neal skipped too many board meetings at Papa John's International Inc. in his first term as a director and shouldn't be re-elected . That's according to the new book "A-List Angels" by Zack O'Malley Greenburg, which . O'Neal mentioned an unnamed paper company that allegedly promised him. But before he could accept the job, he had to sell his stake in the Sacramento Kings. plus a lot more for allegedly mismanaging the company.. Shaquille O'Neal has made 5 investments. Specifically the 24 Hour Fitness franchises Shaq owns. Formerly worked as analyst at CNBC. Former NBA star Shaquille O'Neal says his only regret is not buying more shares of Google in the '90s. He's right next to me, in fact. One of Shaq's latest partnerships is Steady - an app built for the exploding gig economy connecting workers to jobs and financial advice. One NBA superstar who didn't become a statistic was Shaquille O'Neal. scottsdale, arizona — may 13, 2021 — the alkaline water company inc. (nasdaq and cse: wter) (the "company"), the country's largest independent alkaline water company, is pleased to announce that basketball hall of famer and entertainment icon shaquille o'neal will be joining the alkaline water company as an equity partner and member of the … More than just a basketball All-Star, Shaquille O’Neal is an entrepreneur. On Monday Shaquille O'Neal announced he was becoming the primary pitchman for online gambling company WynnBET. Shaquille O'Neal likes the brutal sport of bare-knuckle boxing so much he plans to invest in its lead organization the Bare Knuckle Fighting Championship, according to USA Today. Shaquille O'Neal has agreed to sell his Orlando, Fla., mansion after listing the property for $16.5 million — a Shaquille O'Steal — at almost $12 million under its original 2018 asking price. The court documents allege that O'Neal invested USD$100,000 into the cannabis business in 2016. He is the Founder and serves as Chairman of Big Chicken. His current franchise is in Atlanta, which came with an approximate price tag of $2,750,000. With that being said, the time since Shaq has dominated the hardwood has seen the star take on a lot of other roles as both a businessman and a philanthropist, many of which are about as far removed from basketball as can be. Even pro baseball players must admit it: Investing is America's real national pastime. He co-founded dunk.net. "They were the ones who called us, looking for a partner to serve a couple of customers," Purde says. Shaq claims the company only paid the first installment of $20k -- and now, he is suing to get his initial investment back with interest . Like the company founders, O'Neal saw his own mother and father struggle to support the family. NBA Hall of Famer Shaquille O'Neal was part of the first wave of traditional sports stars to get involved with esports with his early 2016 investment in NRG Esports, an organization co-founded . Board and Advisor Roles O'Neal would like to own 100 units of 83-year-old Krispy Kreme, according to TMZ. In a recent Wall Street Journal interview, the former basketball star and current angel investor Shaquille O'Neal said he "probably quadrupled" his net worth after adopting an . Despite that experience, Messier joined California-based NXT Water, makers of Akeso CBD water , as an equity partner and brand captain earlier this …. and famous athletes like Shaquille O'Neal, Chris Paul, DeAndre Hopkins, Lindsey Vonn, and . . Along with O'Neal, the championship pedigree behind Big Chicken includes a pair of powerful ownership group partners, including: In 2002 Shaq said; "My dream is to own $1 billion a year in affordable housing,". Big Chicken, the star-powered, fast casual chicken restaurant franchise founded by basketball Hall of Famer and celebrated entrepreneur Shaquille O'Neal, announced today that the . Shaquille O'Neal will be joining The Alkaline Water Company as an equity partner and member of the Company's Board of Advisors. He plans to invest in 9 stores near Atlanta, plus signing a 3-year endorsement deal worth $8.25 million to become the brand ambassador of the famous pizza franchise. 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