Shaquille O’Neal Spent Over $135M to ‘Buy Dead People’, Including Muhammad Ali, Elvis Presley and Marilyn Monroe
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NBA legend Shaquille O’Neal and greatness go hand in hand. The 4 time NBA champion is widely regarded as one of the greatest players ever and he has a fan following like none other. Thanks to his exploits on the court and his ventures outside of it, Shaq also has a huge business empire.
Interestingly enough, one of Shaq’s biggest investments comes in the form of owing legends who have passed away. Yes, you heard it right, Shaq owns stars like Muhammad Ali and Elvis Presley.
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This was revealed by the former Los Angeles Lakers star himself. Talking during an interview, Shaq said, “Who owns Marilyn Monroe? Who owns Elvis Presley? Me!” The former NBA champion spent around $135,000,000 to buy the rights to royalties from stars like Elvis Presley and Marilyn Monroe.
This deal was possible due to Shaq’s smart business investment. O’Neal signed with the Authentic Brands Group in December 2015. Moreover, over the years he increased his investment to become the second largest individual shareholder of the brand management group.
Similar to owning the rights to Elvis Presley, Shaq and his team own the right to other legends such as Marilyn Monroe and also boxing legend Muhammad Ali. This is quite the investment!
How much is Shaquille O’Neal worth?
Shaquille O’Neal is one of the most decorated players ever. He has 4 NBA titles to his name with the Los Angeles Lakers and the Miami Heat alongside a host of other accolades.
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O’Neal has a net worth of around $400 million according to Celebrity Net Worth. Despite being retired from the NBA for quite some time, he still rakes in $60 million in salaries.
He has played for numerous teams spanning his brilliant career in the NBA. More often than not, he was the best player in the team and he earned a huge salary wherever he went. Shaquille O’Neal earned around $292 million in salaries alone.
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