When it comes to basketball stars, Shaq is arguably the most recognizable name in the game, and it is a good thing that he is going to be worth a great deal of money in the next few years. With this in mind, here is a look at how much Shaq is likely to be worth in 2023. The good news is that it is a lot more than you might think.
450 million dollars
There are many athletes who have made billions of dollars in the sports industry, but the one who has been consistently ranked in the top 10 is Shaq. The basketball player has earned a total of $400 million over the course of his career, making him one of the richest athletes in the world.
In addition to being a legendary player, click here for Shaq net worth as he is also an investor and businessman. He invests in real estate, stocks, startups, and more. His net worth is expected to continue growing in the next few years.
When he was playing, Shaq’s salary was estimated to be at least $875,000 per month. He also put seventy-five percent of his income into a bank to save for retirement.
Today, Shaq earns around $60 million per year. Most of his money comes from endorsements. During his basketball career, he received over two hundred million dollars in endorsements.
As an entrepreneur, Shaq has invested in a number of businesses, including his own clothing line and movie production companies. In 2019, Shaq joined the board of directors of Papa Johns.
He has also invested in a number of franchises. In the past, he owned 155 Five Guys restaurants and 17 Auntie Anne’s Pretzels. Other investments include JCPenney, Juicy Couture, and Reebok.
400 million dollars from brand endorsements
Shaq is one of the most successful athletes in history. Not only is he a great basketball player, but he is also a talented businessman. A few of his businesses include a film production company and a Krispy Kreme restaurant.
The NBA superstar has been able to amass a fortune of $400 million through a variety of businesses, including business investments. Throughout his career, he has earned a salary of $292 million, but he still makes a net income of $60 million a year. During the same time period, he has received $200 million in brand endorsements.
Shaq’s net worth is a combination of his sports, music, and film careers. He is a popular television host and a product endorser. Some of his high-profile endorsements include Reebok, VitaminWater, Kraft Foods, and Carnival Cruise Line.
Since retiring, Shaq has become a highly successful businessman. He owns a large portfolio of business investments, including fast food franchises, restaurants, car washes, and a movie theatre. In addition to his business investments, he is a philanthropist, and donates to various charities. His charitable work includes support of the Kids Wish Network and Be The Match.
O’Neal owns a home in Los Angeles, which he listed for $2.5 million. He owns a number of Krispy Kreme franchises and has a historic Krispy Kreme in Atlanta.
$400 million dollars from personal investments
One of the most popular NBA players of all time, Shaq is a multi-millionaire. His net worth is estimated at $400 million. He has investments in many companies, and his career has earned him millions in endorsements.
Although he has not worked since his retirement from the NBA, Shaq has built a net worth of hundreds of millions of dollars. This is due to his ability to invest money. The former star has invested in companies such as Google, Apple, and PepsiCo.
According to research, 60 percent of professional athletes go bankrupt within five years of retirement. For the time being, Shaq is one of the few players that remains wealthy. Despite having a net worth of $400 million, he will never work again.
During his playing days, Shaq saved up money by investing in car washes. He has invested in more than 150 car washes throughout the United States. Aside from this, Shaq has a large stake in Papa John’s Pizza. In fact, he has joined the pizza chain’s board of directors.
Another big part of Shaq’s income comes from his involvement in the film industry. He has appeared in many movies. Some of his recent films include “Kazaam” and “Blue Chips.” However, his biggest role is still on the basketball court.