The Lakers legend, who spent 19 years in Los Angeles, has made a name for himself off the court by becoming a successful businessman. A host of investments and ventures have made Shaquille O’Neal as successful in business as he is in the NBA.
It is estimated that Shaq earned around $300 million during his superb NBA career. But after that, he played his assets very well to make timely investments in various businesses. Currently, the four-time NBA champion’s fortune is estimated at $400 million. His income comes mainly from his restaurant chains and fitness centers.
A wise investor
Shaquille O’Neal made early investments in Google and Apple, both of which are competitors, but both of which are very profitable for the savvy investor. He diversifies his investments but stays the course: he invests in what he loves (food, doughnuts, pretzels, sports…).
The 15-All-Star winner also owns a movie theatre in his hometown of Newark, New Jersey. Most of his investments are named after him, “Shaq,” which is a sign of his strong commitment! The Lakers legend has made a name for himself in the business world with one of the highest net worths in basketball.