Originally Published by FranchiseWire
Shaq’s Vision Behind His Investments is not Just About Making Money. He has Set Out to Change Lives for the Better Through Franchise Ownership.
Former NBA star Shaquille O’Neal has a reported net worth of some $400 million, with much of that tied up in ownership of a bevy of franchise restaurant units. 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.
Success With Food Franchises
How’s this working out for him? In a television interview, O’Neal said he makes more annually from his business investments than he did from his $30 million-a-year basketball paycheck. He also told the interviewer that when looking at a potential franchise business, he invests only if he personally likes a product and/or company.