Shaquille O’Neal, who everyone simply calls Shaq, is one of the biggest stars in the world.
Born 6th March 1972, he’s a retired professional basketball player currently working as an analyst on the television program Inside the NBA and has had one of the most stellar and lucrative careers in celebrity history.
As a very successful businessman with investments in several different companies, Shaq has seen success in so many areas of his life, but this begs the question, what is Shaq’s overall net worth?
|Profession/Career:||Athlete (Basketball), Entrepreneur|
|Net Worth:||$400 million|
|College:||Louisiana State University|
|Date of Birth (Age):||March 6, 1972 (51 years old)|
|Place of Birth:||Newark, New Jersey|
|Full Name:||Shaquille Rashaun O’Neal|
|Height:||7 ft 1 in|
- Shaq’s Total Net Worth
- Shaq’s NBA Contracts and Salary
- Shaq with Orlando Magic (1992-1996)
- Shaq with Los Angeles Lakers (1996-2004)
- Shaq with Miami Heat (2004-2008)
- Shaq with Phoenix Suns (2008-2009)
- Shaq with Cleveland Cavaliers (2009-2010)
- Shaq with Boston Celtics (2010-2011)
- Shaq’s Net Worth Contributors Off the Court
- Shaq’s Cookbook
- Shaq’s Businesses And Franchises
- Shaq’s Big Chicken
- Shaq’s Endorsements
- Shaq’s investments on SharkTank
- On Screen Fame
- Shaq’s Philanthropic Side
- In Conclusion
Shaq’s Total Net Worth
Shaq’s net worth is reportedly around the $400 million mark.
This figure consists of his NBA contracts and salary, which sits around the $280 million mark, and around $200 million from his related endorsements, as we’ll get into shortly.
This is obviously a tremendous amount of money, sums of which he has culminated over his 20-year NBA career and post-NBA business ventures. Let’s take a look at some of the specifics when it comes to Shaq’s net worth.
Shaq’s NBA Contracts and Salary
Shaq was drafted into the NBA by the Orlando Magic with the first overall pick in the 1992 draft. He would go on to have an incredible career, playing for six teams in total. His last team was the Boston Celtics, with whom he won his fourth NBA championship in 2008.
This means he played for 19 seasons, playing for six teams. His career averages were as follows across 1,207 games;
- 23.7 points
- 10.9 rebounds
- 2.5 assists
- 1 MVP
- 15 All-Star games
- Hall of Fame approved in 2016
During his time in the NBA, Shaq was among the highest-paid players.
Shaq with Orlando Magic (1992-1996)
His first contract with the Orlando Magic was for $41 million over seven years, equating to around $11.85 million per year in today’s money. This made him the highest-paid rookie ever at the time.
Shaq with Los Angeles Lakers (1996-2004)
Shaq’s second contract was with the Los Angeles Lakers and was worth $120 million over seven years. In today’s money, this equates to around $18.14 million per year. This made him the highest-paid player in the NBA at the time.
Shaq with Miami Heat (2004-2008)
After being traded to Miami Heat, Shaq signed a contract for 5 year for a grand total of $100 Million, equating to $20 million per year.
Shaq with Phoenix Suns (2008-2009)
Shaq’s career with Phoenix Suns made him around $40 million, roughly $20 million per year.
Shaq with Cleveland Cavaliers (2009-2010)
Shaq was traded to the Cleveland Cavaliers in 2009. This was for the veteran’s minimum salary of $21.37 million over two years. In today’s money, this equates to around $11 million per year.
Shaq with Boston Celtics (2010-2011)
Shaq finished his basketball career with the Boston Celtics for a two year contact totaling $2.8 million.
So, as you can see, Shaq has earned an incredible amount of money from his NBA contracts alone. But what about his other sources of income?
Shaq’s Net Worth Contributors Off the Court
In addition to his successful NBA career, Shaq has also enjoyed success in his post-NBA life. He has appeared in several films and television shows, including the popular movie franchise “Scary Movie.”
He has also released several rap albums, with his most successful being “Shaq Diesel,” which was certified platinum and happened to be his debut. During his music career, while not the most successful ever, he featured on Michael Jackson’s “2 bad” album as a guest rapper and produced three tracks for the Kazaam soundtrack.
Interestingly, Shaq has also conducted at the Boston Pops Orchestra in 2010 and has been DJing at LSU for many years. He currently produces electronic dance music and performs worldwide under the stage name DIESEL, which is managed by the Medium Rare label. He performed his first set at Electric Daisy Carnival held in Las Vegas back in 2021.
In addition to this, Shaq has also had a lot of success as a businessman.
He invests in many companies, including Amazon, Google, and Apple. He also has his own line of products, including shoes and nutritional supplements.
But his career success dates far back to the beginning,
In the early 90s, Shaq was an active investor, investing in the likes of Apple and Pepsi as they were on the rise. He also dabbled in real estate investment, specifically in the Orlando area.
Over the years, this trend has continued, with Shaw investing via Borale Development in numerous projects, including New Jersey, One Riverview, CityPlex12, and many more.
Career-wise, he’s also invested in Tout Industries, a start-up social media company in San Francisco, was a minority owner in the Sacramento Kings, which he sold in January 2022, invested in the NRG eSports team, created his own music festival (Shaq’s Fun House), owns several Krispy Kreme stores, and is on the Papa John’s board of directors.
In 2022, Shaq published his first cookbook. Shaq learned to cook during the pandemic and seems to have took a great liking to it.
Shaq published the cookbook partly as a dedication to his mother. The book is full of his mother’s recipes, which holds a lot of great memories for him.
Shaq’s Family Style: Championship Recipes for Feeding Family and Friends [A Cookbook]
by Shaquille O’Neal
Shaq’s Businesses And Franchises
One of Shaq’s first franchise ventures was Five Guys. Shaq reportedly owned 155 Five Guys locations, which is 10% of the company at the time. However, he has since sold all of it, which made him a lot of money to continue into other ventures.
It simply wouldn’t be a mall without the familiar smell of Auntie Anne’s pretzels. Shaq knew that very well, since he currently owns 17 locations.
24 Hour Fitness
The former athlete currently owns 40 locations of 24-Hour Fitness centers.
Of all his franchises, this one is nearest and dearest to his heart. It has always been a dream of Shaq’s to some day own a Krispy Kreme franchise. A dream that came true when he was able to acquire a 60 year-old location in the Atlanta area.
Various Car Washes
In total, Shaq owns about 150 different car washes. He has spoken a lot about their profitable nature, and you can see that he truly believes them to be great investments.
Perhaps one of Shaq’s most well-known franchises and endorsements, Shaq actually sold the company the right to use his likeness in all of its marketing efforts for $8.5 million. On top of that, Shaq has been a board member of Papa John’s since 2019 and even purchased 9 franchise locations for himself.
Shaq’s Big Chicken
Big Chicken is a restaurant that Shaq himself started alongside JRS Hospitality, an accomplished Las Vegas-based ownership group; Authentic Brands Group, a multi-national, multi-billion-dollar brand development, marketing and entertainment company.
The menu features lots of products from Shaq’s childhood food memories. Even though there aren’t many locations across the country for now, you can still order the menu online and have it shipped to you! Although you would have to place a pretty big order, chicken sandwich party anyone?
Shaq is known for having a hand in almost anything, he loves to invest and endorse any company that he sees potential for. Here is a list of some of the products that Shaq has and is endorsing.
- Carnival Cruises
- Epson Printer
- Icy Hot
- Burger King
- Kraft Foods
- Sleep Apnea Mask
- Audemars Piguet
- Soda Shaq (Arizona Beverages)
- Gold Bond
Shaq’s investments on SharkTank
Season 5, Episode 8: In this episode, Shaq invested $100,000 in a company called Wicked Good Cupcakes, which sells cupcakes in a jar. The company went on to have great success after the show, and Shaq’s investment helped them expand their business.
Season 6, Episode 20: Shaq invested $200,000 in a company called Bee Free Honee, which makes a vegan honey alternative using apples. The investment helped the company increase production and expand their product line.
Season 7, Episode 14: Shaq invested $150,000 in a company called Groovebook, which is a mobile app that allows users to print and bind their mobile photos into a custom photobook. The investment helped the company scale up and increase their user base.
Season 10, Episode 1: Shaq invested $100,000 in a company called The Mad Optimist, which creates custom-made personal care products such as soap, shampoo, and conditioner. The investment helped the company increase production and expand their product line.
Season 12, Episode 14: Shaq invested $150,000 in a company called MELT Method, which offers fitness and wellness programs based on a patented soft foam roller. The investment helped the company expand their marketing and increase their online presence.
On Screen Fame
Shaq is clearly a popular public figure, and it will come as no surprise that he’s been a part of plenty of media productions over the years, both because of his fame and ultimately contributing to it.
He’s featured in many Hollywood hit movies, including Jack and Jill, Freddy got Fingered, Scary Movie, animated movies like Static Shock and Johnny Bravo, and popular TV shows, including Curb Your Enthusiasm and My Wife and Kids, all of which he has cameoed as himself.
He’s also appeared in popular music videos like ‘Don’t Wanna Know,’ by Maroon 5 and Owl City’s ‘Vanilla Twilight,’ among others, and even in video games, where he was on the cover for eleven of the official NBA games and was even an unlockable character in Delta Force: Black Hawk Down.
All of these different sources of income have helped to contribute to Shaq’s impressive net worth.
Shaq’s Philanthropic Side
Despite all of his success, Shaq has also been very generous with his money. He has given away millions of dollars to various charities over the years, including donations to hospitals and schools.
He made $2 million in donations to benefit kids at the start of 2022 and is regularly seen paying for people’s shopping in random stores. He’s also raised $2 million in NFT sales in which all the profits went to children in need, and has donated over $100 million to various causes, including COVID-19 relief.
Shaq is an excellent example of someone who has used their platform and success to give back, and it’s something that we can all learn from.
All in all, it’s clear Shaq is a very successful man, with a net worth that reflects that. From his early career successes to his more recent business ventures, Shaq has proven time and time again that he is a force to be reckoned with. We can’t wait to see what he does next!
What do you think of Shaq’s net worth? Let us know!