NBA legend Shaquille O’Neal has made a name for himself on and off the court, but few know about his surprising investment in deceased legends.
In a shocking revelation, Shaq disclosed that he owns the rights to royalties of icons like Elvis Presley and Marilyn Monroe. “Who owns Marilyn Monroe? Who owns Elvis Presley? Me!” he boasted in an interview.
The basketball great spent a staggering $135 million to acquire the rights, thanks to his savvy business deal with Authentic Brands Group in 2015. Over time, he increased his investment, becoming the second-largest individual shareholder.
Shaq’s portfolio also includes the rights to boxing legend Muhammad Ali. “I’m not just a basketball player, I’m a businessman,” he said.
Shaquille O’Neal’s net worth is $400 million, according to Celebrity Net Worth.
He earns $60 million annually, despite being retired, thanks to his investments. “I’m not just a basketball player, I’m a businessman,” Shaq said, highlighting his successful transition from athlete to entrepreneur.
