Does Shaq Own Papa Johns?
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.
According to a form he filed with the Securities and Exchange Commission, O'Neal owns the equivalent of 89,723 Papa John's shares, including 87,136 unvested restricted stock units, or RSUs, received through his endorsem*nt agreement.
Shaquille O'Neal has an ownership stake in nine Atlanta-area Papa John's pizza restaurants, is a member of the company's board of directors and has a new endorsem*nt deal with the brand.
Shaquille O'Neal the franchisor
In 2018, O'Neal founded chicken sandwich brand Big Chicken. The Las Vegas-based chain has 10 locations, with partnerships that include Toronto-based Ghost Kitchen Brands and Carnival Cruise Ships.
John Hampton "Papa John" Schnatter (born November 22 or 23, 1961), is an American entrepreneur who founded the Papa John's pizza restaurant chain in 1984. Schnatter started the business in the back of his father's tavern after selling his car and using the proceeds to purchase used restaurant equipment.
As reported by Findingfuel.com, these include 17 Auntie Annie's Pretzels restaurants, nine Papa John's, one Krispy Kreme and a Big Chicken restaurant that is being franchised. He formerly was part-owner of 155 Five Guys restaurants.
The "NBA on TNT" analyst thanked Durant for the compliment and clarified that he is not, in fact, a billionaire. Indeed, Shaq is not a billionaire.
With Shaquille O'Neal claiming to own the biggest purchase in Walmart's history, it's hard to doubt the man.
O'Neal is the second-largest individual shareholder of Authentic Brands Group, the company behind dozens of brand and retailer acquisitions, including Forever 21, Barneys New York, JCPenney and most recently, Reebok.
Due to his extensive investment in ABG, Shaq owns a percentage of Elvis' royalties. He also owns a percentage of Marilyn Monroe, Muhammad Ali, Forever 21, David Beckham, and Barney's New York.
How many businesses 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.
Shaq owns a number of nightclubs in Las Vegas, including the Shaq's Fun House and the Studio 54 Nightclub. He also has a stake in a number of hotels, including the Luxury Living Hotel Group.
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In 2016, Shaquille O'Neal acquired an equity stake in Ring, and subsequently became a spokesperson in the company's marketing.
Papa John's International announced March 22 that NBA Hall of Famer Shaquille O'Neal will be joining Papa John's as a member of the company's board of directors and as an investor in nine Papa John's restaurants in the Atlanta area.
Stockholder | Stake | Shares owned |
---|---|---|
T. Rowe Price Associates, Inc. (I... | 10.40% | 3,722,660 |
BlackRock Fund Advisors | 9.44% | 3,377,469 |
The Vanguard Group, Inc. | 8.85% | 3,167,618 |
Starboard Value LP | 7.71% | 2,759,360 |
Schnatter, Papa John's largest stakeholder with a 16.7% stake, said that Ritchie should've been replaced following the Starboard investment and likes Lynch as a replacement.
Since he announced his retirement in 2011, the NBA star has become the owner of 155 Five Guys hamburger establishments, which represented 10% of the total company. (He would later sell the franchises.)
Shaq also has investments outside of the food industry. He reportedly owns 40 24-hour fitness gyms and 150 car washes, according to The Hustle.
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.
According to Forbes, Michael Jordan is NBA's richest player with a humongous net worth of US$1.7 billion.
Who is the richest athlete in the world?
- Lionel Messi, $130 million.
- LeBron James, $121.1 million.
- Cristiano Ronaldo, $115 million.
- Neymar, $95 million.
- Stephen Curry, $92.8 million.
However, the latest company to get a “yes” from Shaq is The General auto insurance company, which currently sells insurance in 44 U.S. states.
Shaq earns 4x his average NBA salary since he retired from the league. He averaged $15M a year across his sensational career, but now reportedly makes over $60M annually.
Authentic Brands Group may not be a household name in the US, but many of its properties are. Marilyn Monroe, Forever 21, Muhammad Ali, Sports Illustrated, Elvis Presley, Juicy Couture, and Shaquille O'Neal are just a few of the more than 30 names and brands for which the company holds the intellectual property rights.
Shaquille O'Neal receives doctoral degree in education.
He said he brought along designers from Reebok with him to join his Walmart deal. O'Neal's relationship with Reebok began in 1992, when he signed a $15 million multi-year deal with the brand. He went on to launch his popular Reebok Shaq Attaq and Shaqnosis shoes — and sported Reebok throughout his entire NBA career.
Shaquille O'Neal Is a Partial Owner of Reebok, Forever 21, JCPenney – Footwear News.
ABG owns more than 50 consumer brands, as well as the likeness rights or estates of celebrities, including Muhammad Ali, Elvis Presley, and Marilyn Monroe.
In the clip — which is from an April 13, 2018 appearance on the show — Shaq recounts the story of his $70,000 Walmart shopping spree to host James Corden and guest Victoria Beckham, which he claims was the “biggest purchase in Walmart history.”
Shaquille O'Neal Net worth: $130 Million - NBA big man Shaquille O'Neal came into the league in 1992 with the biggest rookie contract ever at the time: $41 million for seven years.
What is Shaq's net worth 2020?
Shaquille O'Neal's Net Worth: $400 Million
Today, much of his wealth comes from the superstar's new business endeavors.
He discussed one of the stories behind an investment for security company Ring, saying : “So I call a security company, say I need some cameras, because people are still crazy now. So this dude comes to the house and says $80,000. I said ' I'm not paying that m*****f**** $80,000 (sic).
What is Charles Barkley's net worth and salary? Charles Barkley is a retired professional basketball player and current television sports analyst who has a net worth of $50 million.
Schnatter, Papa John's largest stakeholder with a 16.7% stake, said that Ritchie should've been replaced following the Starboard investment and likes Lynch as a replacement.
O'Neal is the second-largest individual shareholder of Authentic Brands Group, the company behind dozens of brand and retailer acquisitions, including Forever 21, Barneys New York, JCPenney and most recently, Reebok.
Due to his extensive investment in ABG, Shaq owns a percentage of Elvis' royalties. He also owns a percentage of Marilyn Monroe, Muhammad Ali, Forever 21, David Beckham, and Barney's New York.
O'Neal's directorship on the Papa John's board is his first on a publicly traded company. He is also the pizza chain's first African-American director. Papa John's competitor Pizza Hut, owned by Yum Brands Inc, replaced it as sponsor for the National Football League last year.