Conclusion: Learn how your comment data is processed. Shaquille ONeal is a well-known NBA legend and one of the most famous athletes in the world. As a successful businessman and a former professional basketball player, Shaq has proven that anyone can do whatever they set their mind to. Who owns Forever 21? Shaq continued. ABG owns numerous entertainment, lifestyle, and global media brands, including Forever 21, Barneys New York, JCPenney, Marilyn Monroe, Elvis Presley, and Reebok. Is Jcpenney A Sole Proprietorship? - Stellina Marfa Shaq owns Forever 21, JCPenney, Elvis Presley, Marilyn Monroe, and others. He patterned with several brands, including Pepsi and Reebok, and invested in a broader range of assets. Want to read more articles like this one? if it's going to change people's lives and if I see people enjoy doing it." The project cost was estimated to be $7 million, and it had a 40-foot 3D digital screen. What companies does Shaq own, and whats his secret to becoming richer than ever? Who owns JCPenney? 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. The multinational pizza business was founded in 1984 by John Schnatter, and in 2019, Shaq became its new brand ambassador. , Big Chicken is a brand that has partnered with big companies like the RS Hospitality and the Authentic Brands Group. However, being the face of brands isnt the only thing Shaq has done in his career because whats a businessman if you dont own a few businesses. In 2013, Shaq made his first investment in Lyft when it was still a startup. Playboy, Millings responded. Shaq owns 50 brands in different industries, not to mention dozens of other companies he endorses. The largest fitness center operator in the world, 24-Hour Fitness has more than 430 facilities around the country and its headquarters are in San Ramon, California. ONeal also became the "big and tall style ambassador" for JCPenney in 2018, appearing in multiple advertising campaigns. O'Neal is the second-largest individual shareholder of Authentic Brands Group, the company behind dozens of brand and retailer acquisitionsincluding Forever 21, Barneys New York, JCPenney and Reebok.. How many Krispy Kremes does Shaq own? Find Out Who Shaq Is Dating. In June 2019, amid rumors of Adidas plans to divest the Reebok brand, ONeal said that he felt that Adidas had diluted [the brand] so much to where its almost gone., If they dont want it, let me have it, ONeal told CNBC at a Carnival Cruise event at the time. O'Neal recalled. Due to his extensive investment in ABG, Shaq owns a percentage of Elvis' royalties. Through the years, Reeboks revenues declined and in December of 2020, Adidas announced it would sell the business. The basketball star-turned-businessman added that he intends to keep his total earnings private since his "mom really doesn't like articles like that. Big Diesel owns 150 car washes in multiple locations in the United States of America and has employed quite several people. He also owns several franchises of Krispy Kreme Donuts, invested in eSports, and wanted to be a part of the Bare Knuckle FC. Although they are only sometimes considered franchises, these car washes are profitable and serve the legendary basketballer well. Shaq has always had a knack for capturing the spotlight. The four-time NBA champion claimed that Wheaties, a competitor of Frosted Flakes, had approached him about becoming the face of the brand, but he had declined since he favored the latter; he would, later on, be seen on Wheaties cereal boxes.
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