Shaq invested in Ring after picking up a doorbell camera at Best Buy. Amazon bought Ring a year later for $1B. In the late-1990s, Shaq was at the Beverly Hills Hotel in LA when he overheard 2 people talking about a new technology.
Did Shaq O’Neal invest in Ring?
In 2016, Shaquille O’Neal acquired an equity stake in Ring, and subsequently became a spokesperson in the company’s marketing. The company raised over $200 million in investments from Kleiner Perkins Caufield & Byers, Qualcomm Ventures, Goldman Sachs, DFJ Growth and Sir Richard Branson.
How many rings does Shaq own?
With 4 rings representing 4 championships, Shaquille O’Neal has made his name in the temple of NBA legends. He is an irreplaceable monument in the world of basketball. Shaquille has proven himself to be one of the most excellent traditional centers in NBA history throughout his career.
What has Shaq O’Neal invested in?
(He would later sell the franchises.) O’Neal also owns 17 Auntie Anne’s Pretzels restaurants and has invested in nine Papa John’s restaurants. In addition to putting his money into 150 car washes, 40 24-hour gyms and a movie theater in his native Newark, he also runs his own fast-food chain.
What does Shaq own now?
He also owns 40 24-Hour fitness gyms and 150 car washes.
Additionally, Shaq owns a movie theater, shopping center, and a Night Club too.
Is Shaq part owner of Google?
His investment in Google has since yielded an impressive 2800x. The best part is that he still has some of his original shares with him. If this doesn’t prove his mettle as an investor, we don’t know what will. Shaq invested in Google’s 1999 Series A at a $100 million valuation.
Which celebrity invested in Ring?
An early investment that Nas made on a smart doorbell company is now paying off. As one of the first investors in Ring, a doorbell security company, Nas will now receive over $40 million now that the company has been acquired by Amazon for $1.2 billion, according to a report from webuyblack.com.
Does Shaq own JCPenney and Forever 21?
O’Neal is reportedly the second highest individual shareholder of the Authentic Brands Group. This company is responsible for many brand and retailer acquisitions, including Forever 21, Reebok, Barneys New York and JCPenney.
Does Shaquille O’Neal own Elvis Presley?
This was revealed by the former Los Angeles Lakers star himself. Talking during an interview, Shaq said, “Who owns Marilyn Monroe? Who owns Elvis Presley? Me!” The former NBA champion spent around $135,000,000 to buy the rights to royalties from stars like Elvis Presley and Marilyn Monroe.
How many Papa John’s does Shaq own?
But O’Neal also has experience franchising for several famous restaurant brands. He has owned and sold 155 Five Guys Burgers restaurants — which totaled 10% of the company’s entire franchise portfolio. He also owns 17 Auntie Anne’s Pretzels restaurants and nine Papa John’s franchise units.
Who has the highest Walmart purchase?
O’Neal said in an interview with HBO that he once spent $70,000 at Walmart in a single visit. When the Miami Heat traded Shaq to the Phoenix Suns, his apartment wasn’t furnished, so he went to Walmart to buy all of his essentials.
How did Shaq get so rich?
Shaquille O’Neal’s Net Worth: $400 Million
Much of Shaq’s money came through his NBA career. He earned $292 million from his NBA contracts and an estimated $200 million in endorsements while he was playing. Today, much of his wealth comes from the superstar’s new business endeavors.
How many businesses does Shaq O’Neal own?
Shaquille O’Neal Owns 155 Five Guys Restaurants, 40 Fitness Centers, And 1 Movie Theater Among Other Businesses. Shaquille O’Neal is one the most dominant players in NBA history, but also one of the smartest. The Big Diesel always liked to have fun, but he knew that money isn’t made to just spend it.
What did Shaq buy at Walmart?
So Shaq went to Walmart at 3 a.m., dropping $70,000 on five TVs, printers, laptops, appliances, linens, and even underwear.
How rich is Shaquille O Neal?
As of November 2022, Shaquille O’Neal’s net worth is estimated to be $400 Million.
How much does Shaquille O’Neal make a year?
Shaquille O’Neal Net Worth
| Net Worth: | $400 Million |
|---|---|
| Salary: | $60 Million |
| Date of Birth: | Mar 6, 1972 (50 years old) |
| Gender: | Male |
| Height: | 7 ft 1 in (2.16 m) |
Does Shaq still own car washes?
Car Washes
Shaq collects these. Today, he owns 150 car washes. This is an extremely profitable business. Thus, car washes are a go-to for many new investors.
How many car wash does Shaq own?
Shaquille O’Neal started creating his business empire from the very onset of his NBA career. In his whopping $400 million net worth are included 150 incredible car washes across the United States.
Who helped Shaq invest?
Majority is just one of the Hall-of-Famer’s many investments. His first big hit came when his agent introduced him to Silicon Valley “super angel” Ron Conway, which led to Shaq investing in Google before it went public in 2004. “My only regret is that I wish I would have bought more,” he told Vanity Fair.
How much did Nas make off Ring?
Nas is not only a successful rapper, but a great businessman too. He recently earned $40 million by investing in Ring, a smart doorbell company. Vibe reports that Ring made over $415 million last year in sales, which is a major jump from its $170 million sales in 2016.
What is Ring worth today?
Last week, Amazon announced it would purchase Ring, a smart doorbell maker, in a deal reportedly worth $1 billion.