More than just a basketball All-Star, Shaquille O’Neal is an entrepreneur. He earned his MBA online through the University of Phoenix in 2005, and has since put it to work in various business ventures.
Shaquille O’Neal is reported to own equity stakes in Vitamin Water and Muscle Milk.
Tout, a social media startup, got a big boost when the basketball star used Tout to announce his retirement by videotaping himself in a quick, amusing blurb and airing it to the world.
Within the first half hour of Shaq tweeting his Tout link, it was clicked on 35,000 times, the startup said.
Shaq has gone on to be an adviser to the startup and receives a small piece of equity in the company.
Shaquille O’Neal invested in Google stock before it’s IPO. When Shaq invested in August 2004, Google’s stock was priced at a bit over $100 a share. At it’s current price, Shaq is 6x richer – off the stock alone.
“Shaq Vs.” was a reality television show produced for ABC by Dick Clark Productions and Media Rights Capital where Shaq challenged some of the best athletes in their own sports. Athetles such as Ben Roethlisberger, Albert Pujols, and Dale Earnhardt Jr. appeared on the show.
Shaq started The O’Neal Group, a real estate firm that’s aligning with MDM Development in a $1 billion project to build 1,100 residential units in a sprawling downtown Miami complex.
The project — Met Miami — will include an 866-foot building, touted as the tallest residential tower south of New York City. Plans also call for office buildings, a five-star Marriott hotel and a 24-Hour Fitness, which O’Neal is also partnered with.
Shaquille O’Neal renovated and expanded a theater in his hometown of Newark, NJ. It includes an auditorium with a 47-foot-wide screen. The project added six screens and 20,000 feet to the theater on Springfield Ave.
Shaquille O’Neal owns 55 Five Guys Restaurants
Shaquille O’Neal helped to debut “Dry Fried Wings” in South Florida last summer. Boosted by Shaq’s appearance, the chicken brand’s weekend revenues shattered their previous 13 year record by more than 55%.
“Everyone in the country loves chicken,” the Basketball All-star said after sampling a couple of wings. “The chef’s done a great job … they are very good, they are very tasty, and they are healthy.”