Shaq’s net worth of $400 million and what he owns

It’s no secret that Shaq O’Neal is one of the richest athletes in the world. Shaq’s net worth is estimated to be around $400 millionmaking him one of the richest players in the NBA (National Basketball Association).

In addition to his lucrative basketball career, Shaq also has numerous other business ventures. Some of these include owning restaurant franchises, launching their own clothing line, and representing numerous brands. So what are some of Shaq’s richest assets and how did he get here? Let’s take a look!

Shaq’s early life

Shaquille O’Neal was born March 6, 1972 in Newark, New Jersey. By the age of 13, he was already 6’6″ tall and was a star basketball player at his Robert G. Cole School in San Antonio, Texas. Although his first and middle names translate into Arabic as “Little Warrior,” he grew up to be a 7’1″ NBA player.

Despite being born in the US, Shaq spent most of his childhood in Germany, as his father was in the US Army and served there for several years.

Shaq played basketball from his early high school years and dominated the game both in high school and college. He was even named College Basketball Player of the Year in 1991 while playing for the Louisiana State University Tigers.

And, of course, with such a successful early life, he needed to share his love with the children’s book Little Shaq Takes a Risk.

Little Shaq takes risks

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What sources of income make up Shaq’s Net Worth?

Shaquille O’Neal is one of the most successful athletes of all time. He made a lot of money from advertising deals, merchandising sales and investments. Let’s take a look at some of his main streams of income.

NBA career

Shaq began his career with the Orlando Magic and played there for 4 years, earning a total of $17.4 million. After his contract with Orlando ended, he signed as a free agent with the Lakers to a 7-year contract worth a whopping $121 million. This is also the time when his famous quote originated in which he denied that he went to the Lakers solely for the money.

“I’m tired of hearing about money, money, money. I just want to play the game and drink Pepsi and wear Reebok,” Shaq said.

Shaq extended his contract with the Lakers for another year and ended up making over $145 million in 8 years. Shaq was then traded to the Miami Heat and earned a whopping $27.7 million in his first year, the highest paid year of his career. Over the next two years with the Miami Heat, Shaq earned an additional $40 million.

At the end of his career, over the last four years with the Suns and one year with the Cavaliers and Celtics, he earned a total of $62.4 million. Thus, in his NBA career alone, excluding other income such as endorsements and merchandise sales, Shaq earned approximately $292 million.

Teams Shaq has played for

Income received

Orlando Magic $17.4 million
Los Angeles Lakers $145 million
Miami Heat $67.7 million
Phoenix Suns $41 million
Cleveland Cavaliers $20 million
Boston Celtics $1.35 million
Total Career Income $292.4 million

Honor the legacy of Shaquille O’Neal with Shaq’s professional wall art! It’s available for purchase on Amazon now for a limited time!

Shaq Limited Poster Artwork - Professional Wall Art Products (8x10)Buy on Amazon

Endorsements

Shaquille O’Neal is one of the highest paid athletes in the world and he has made a lot of money from his advertising. His deals usually lasted for about 3 years, during which time he also received a salary.

He took part in advertising campaigns, and he could also be seen in television commercials. Basically, Shaquille O’Neal is known for his notable endorsements of Kraft Foods, Radio Shack, VitaminWater, Aventis Icy Hot pain relief patch, and Comcast, just to name a few.

Shaq reportedly earned over $200 million from ads while playing as a professional NBA player.

Franchises and other investments

It’s no secret that Shaq is one of the richest athletes in the world and how he earns his money is nothing new to anyone. In addition to making a colossal fortune playing in the NBA and supporting, he has also invested in several different businesses and franchises. Undoubtedly, this has helped him build a rich portfolio over the years, allowing him to live an extravagant lifestyle without relying solely on a salary.

Some of his investments include buying shares in Apple, Pepsi and General Electrics. Shaq is also on the board of Papa John’s and owns 9 stores in Atlanta.

In addition, Shaq owns 17 Auntie Anne’s franchises worth $6.5 million, 155 Five Guys Burgers franchises worth $111 million, and one Krispy Kreme franchise worth $2.75 million.

Real estate

Shaq sold his 31,000-square-foot Florida property for $16.5 million in 2021. Although it seems like a lot of money, he sold it for 40% less than the $28 million he originally asked for. He also had a home in California which he also sold for $1.85 in 2021.

Some of his current holdings (as of 2022) include a $1.15 million estate in Atlanta and a $2 million estate in Los Angeles.

parting word

So, who is one of the most interesting, wealthy and adventurous athletes in history? Shaq, that’s who! The former basketball player and actor is worth an estimated $400 million, making him one of the richest NBA players in the world. And Shaq’s net worth is taking him far. He owns everything from an NBA championship ring to a luxurious estate in California.

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