Calculating Shaq’s Net Worth In 2018

News

Calculating Shaq’s Net Worth In 2018

on

Sports Illustrated once reported that an estimated 60 percent of former NBA players were broke.

And while so many guys lose the plot financially in retirement, Shaq has made a concerted effort to head in the other direction.

The fact he signed a then-record seven-year, $120 million contract early in his career certainly helped him build his staggering fortune.

But it was his savvy investments which really vaulted him into another stratosphere financially.

At last count, Shaw owns 155 Five Guys franchises, 40 24 Hour Fitness gyms, numerous Vegas nightclubs and 150 car washes.

And that’s just the beginning.

He’s also made investments in Muscle Milk (bought by Hormel in 2014 for $450 million) and Vitamin Water (bought by Coca-Cola in 2007 for $4.1 billion).

So what is Shaq’s net worth in 2018?

$400 million (approximately).

And it’s only growing.

Read More:  Dwyane Wade And LeBron James Discuss Their Looming Final Battle

Recommended for you