The Los Angeles Lakers legend Shaquille O’Neal is one of the most successful athletes in the world. Shaq has amassed a whopping net worth of over $400 million. Although his NBA salary is only a small part of his net worth, with his brilliant business decisions and smart investments, the Big Man has turned himself into a well-respected entrepreneur. Last year, he secured a $1.4 million victory in Tennessee, which helped him grow his brand further.
Owner of numerous business ventures that range from restaurants to car wash, the 4x NBA champion knows his business very well. Although he has a net worth that secures him financially for life, Shaq shows no signs of slowing down. It was recently revealed that the Big Man is planning to add over 35 restaurants to his already impressive business resume.
Shaquille O’Neal introduces the Big Chicken to Ohio, starting with the capital city
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Shaq opened the Big Chicken back in 2018. The concept fast-food joint carries the name of the NBA legend. Other than that, the menu is loaded with names such as Big & Sloppy and the Shaq Attack. The idea behind this fast-food chain is that Shaq wanted to bring something to the common people. The entire menu is filled with meals that were prepared in Shaq’s household when he was a kid. The collection of his favorite home-cooked meals is affordable as well as delicious. Recently it was revealed that Shaq will be opening 35 new restaurants in Ohio state, starting with the capital city of Columbus.
Earlier last year, the Big Aristotle, in his quest to expand his business, opened the Big Chicken in Tennessee. He is the majority owner of the brand. A franchise for Big Chicken cost around $450,000 to $1.4 million. Now with a bigger plan, the Big Aristotle is adding 35 new restaurants to the tally.
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The brilliance of Shaq’s business is its simplicity. He always focuses on not overcomplicating things, either for himself or his business partners and customers. The owner of over 150 restaurants, Shaq’s expansion of Big Chicken, will be taking him a level up on the entrepreneurial scale.
Jeff Bezos inspires Shaquille O’Neal’s business
Over the years, Shaq has shown that an athlete may have much more to offer than just their excellence in sport. A well-established businessman, Shaquille O’Neal, draws his inspiration from Jeff Bezos, the person who changed the world with Amazon. During an interview in 2021, Shaq recalled Bezos’s wisdom on business. As per the Amazon founder, he only gets involved with a business venture if he sees it impacting people’s life for the good.
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The Big Man follows the same principle in his life, and it is safe to say that he has been extremely successful with this approach.