Does Shaquille O'Neal's DJing skills add to his net worth?
Shaquille O'Neal's net worth is impressive. He's made a lot of his money away from basketball. Not only is O'Neal one of the best players in NBA history, but he is also an incredible businessman.
O'Neal's net worth continues to climb due to his investments and music career. Some people don't realize that O'Neal DJs in his free time and tours around the world.
Shaquille O'Neal's net worth isn't impacted by his DJing. He reportedly doesn't make any money for his DJ gigs. Instead, he does it for the love of the music.
Hold up, how much does @SHAQ get paid to DJ music festivals? 😱 https://t.co/7wSev3u7Il
O'Neal has spoken about why he loves DJing and the type of work it takes to be successful.
"When I first started out I would say, 'OK I have to DJ an ABG party. They're older, some kids, I'll bring the classics — it never works," O'Neal said.
"So I have to look and be like, 'You're an old guy, I'll play some 'Jessie's Girl' for you. You look like a party animal, I'm going to play some Weeknd for you. You look like you smoke marijuana, so I'm going to play Nirvana for you."
What investments contribute to Shaquille O'Neal's net worth
Shaquille O'Neal has a very large portofilio. Some of his notable investments include Apple, Auntie Anne's, Gums, Five Guy restaurants, and Papa Johns. He owns over 40 gyms and over 100 Five Guys restaurants.
O'Neal had this to say about his business success:
“The franchise is a simple model. If it works, you follow the rules and it will continue to work. If you stick to the values you’ve learned, you can’t go wrong.”
“It’s just something to have on my resume for when I go back to reality. Someday I might have to put down a basketball and have a regular 9-5 like everyone else,”
Shaquille O’Neal & his several talents
Shaquille O'Neal is very smart with his money. Due to his investment decisions, O'Neal will have enough money to support his family for generations to come.
In a recent interview, he explains the thought process that leads to his business decisions.
"My real business is I own 50 brands," O'Neal explained. "So, when I was retiring, I'm looking around, I'm like 'How does Michael Jackson and all these guys live forever?' So, one of the chapters in the book, joint venture-ship."
"So, I called the three companies that helped people live forever, and they bought my brand for a lot of money. So, I took half that money, put it back in the company, now I'm the number two guy in the company."
This explains why Shaquille O'Neal's net worth is estimated to be $400 million.