Shaq Net Worth 2023 | How Rich is Shaquille O’Neal?

Shaq net worth

Shaquille O’Neal, aka Shaq, is a famous basketball icon with a net worth of $400 Million. He becomes one of the highest-paid players in history. He represents how an athlete can increase their wealth after retirement. 

Moreover, He is the most marketable and hot player in NBA history. Shaq becomes a franchise descendant and not just own endorsements. He also owns stock options and many brands stores,s including.

  • Papa John’s 
  • Five Guys 
  • Car Washes 
  • Auntie Anne’s 
  • 24-Hour Fitness 
  • Krispy Kreme, and more

Real estate also plays a vital role in Shaq’s PortfoliThoughoug; this article covers all aspects of Shaq’s Net Worth as of 2023.  

Table of Contents

Quick Profile Info:

Identity Name: Shaquille Rashaun O’Neal

Nick Name: Shaq 

Net Worth: $400 Million (as of 2023)

Salary:  $60 Million 

Date of Birth: 6 March 1972 (51 years)

Birth Place: Newark 

Height: 7’1” (2.16 meters)

Occupation: Basketball player, Investor, TV Host, DJ

Source of Wealth: NBA, Brands Owner, Restaurants

Asset: Startups, Stocks, Franchises, Real estate

Nationality: USA

What is Shaquille O’Neal’s Net Worth?

Shaq has an estimated $400 million Net worth (as of 2023).

Shaquille O’Neal is a retired American Basketball Player who built a massive net worth during his basketball playing career in the NBA. O’Neal earned many awards and achievements during his 19-year playing career.  Moreover, He is the first player in history who has four tournaments from NBA, 15 starts selections, and three NBA MVP final Awards. 

Additionally, if we talk about his power in the playing court, he has also marked a historical impact. Therefore, after retirement, he becomes a successful investor, TV Host, Entrepreneur, and real estate owner. 

Shaq Net Worth over the Years

In_2019$350 Million 
In_2020$400 Million 
In_2021$400 Million 
In_2022$400 Million 
In_2023$400 Million 

Shaquille O’Neal’s Net Worth Story

How did Shaq make his money? Let’s take a look at his career history.

Shaq was born in 1972 in Newark (his father’s name is estranged biological, and his mother is Lucille O’Neal). Before starting his career as a basketball player, his is an army boy on the border of Germany and Texas. In 1992, the Orlando Magic drafted him and then joined the basketball prepositional league. He was selected for the Rookie and All-star Award of the Year; after that, Shaq signed a contract with LA Leakers for seven years with $120 million. It was the best deal of Shaq’s professional basketball career. 

Therefore, Shaq won four tournaments in NBA in his whole basketball career. He also plays for other teams, including.

  • Phoenix Suns
  • Boston Celtics 
  • Miami Heat 
  • Cleveland Cavaliers.

Additionally, in 1996 Shaquille joined the Olympic basketball team and won the GOLD medal in the Olympic tournament. He made more than a net worth estimated at $292 Million from his basketball career. 

On the other hand, he hires an accountant after retirement to help with his finance. His first investment was a car wash business which is a coin-operated shop. After his first investment, he has more investments in other companies, such as startups, franchises, stocks, and real estate. 

  • Basketball salary = $292 Millions 
  • Franchise = 36%
  • Startups = 21%
  • Real estate and other holdings = 18%
  • Total $400 Million
Shaq net worth

What was Shaquille O’Neal’s highest Earnings?

Here is a list of the salary which Shaq made through working with different teams:

  • Boston Celtics (2010-11) $1.4 Million
  • Cleveland Cavaliers (2009-10 $20 Million
  • Phoenix Suns (2008-09) $21 Million
  • Phoenix Suns (2007-08) $20 Million
  • Miami Heat (2006-07) $20 Million
  • Miami Heat (2005-06) $20 Million
  • Miami Heat (2004-05) $27.7 Million
  • Los Angeles Lakers (2003-04) $24.7 Million
  • Los Angeles Lakers (2002-03) $23.6 Million
  • Los Angeles Lakers (2001-02) $21.4 Million
  • Los Angeles Lakers (2000-01) $19.3 Million
  • Los Angeles Lakers (1999-00) $17.1 Million
  • Los Angeles Lakers (1998-99) $15 Million
  • Los Angeles Lakers (1997-98) $12.9 Million
  • Los Angeles Lakers (1996-97) $10.7 Million
  • Orlando Magic (1995-96) $5.7 Million
  • Orlando Magic (1994-95) $4.8 Million
  • Orlando Magic (1993-94) $3.9 Million
  • Orlando Magic (1992-93) $3 Million
  • Total Earnings = $299.2 Million

Where did Shaquille invest his Money?

Shaq made a net worth of approximately $292 million from his Basketball career. But after retirement, he made most of his net worth with his businesses. He invests most of his money in different assets in the franchise. 

Media and Business Ventures:

In 2019, O’Neal joined startups and franchise Papa John. He regrets not buying more stocks in Google. He thinks about more investments in Google stocks in the future. Moreover, he bought a home theater in 2012, CityPlex12, in his hometown. He earns $50,000 profit from this movie theater. 

In addition, he also has a shear in the gaming company NRG Sports and an AD agency. Shaq also invested in a company ring which was around $1 million costly. After that, he sold out it on Amazon for $1 billion. 

As a result, he made approximately $10 million from stakes. 

Real Estate:

Shaquille also invests in real estate ventures. Including

Miami Home: $16 million, 

Atlanta House: $1.5 million, 

Las Vegas: $1.95 million.

He started his real estate business significantly earlier when he played for Orlando Magic. Shaq has his own real estate company ‘The O’Neal Group Investments’ he invested $100 million for bought affordable houses in Denver. His company also invests in various housing projects, which include commercial and other apartment projects in NJ and Miami.  

Shaq net worth

Frequently Ask Questions:

What is Shaq net worth?

Shaq has an estimated $400 million Net worth (as of 2023).

How many Papa John’s does Shaq own?

Shaq owns 9 Papa John’s franchises from 4,700 worldwide.

How many companies does Shaq own?

Shaq was situated in an interview and held approximately 50 multiple companies. 

What is Shaq net worth in 2023?

Shaq has an estimated $400 million Net worth (as of 2023).

Summary

Shaq net worth is around $400 million as of 2023. He is a famous basket player and current business tycoon. As we see, Shaq boosted his income with sums of business and multiple ventures. Moreover, he has owned over 50 companies and has been a part of various films and music. It is oblivious his net worth is just going up day by day; he made a secure future as a real business and player icon. 

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