"I hear 2 gentlemen talking about these Google search engines": Shaq reveals how the Big Aristotle lucked into becoming one of the early investors in The Alphabet Corporation - The SportsRush (2024)

FAQs

Did Shaq actually invest in Google? ›

Shaquille O'Neal and his business empire

On the positive side, Shaq invested in Google's Series A in 1999. He placed a $100 million valuation on the table with a gut feeling that it would give him a huge profit. Fast forward to 2022, the company's estimated value is about $1.89 trillion.

In 2014, Shaq revealed that he had invested $1 million each into both Google and Apple back in 2004. He also invested on Lyft, Vitaminwater, Sacramento Kings, Ring, Pepsi, and eSports.

The Big Aristotle is a nickname he gave himself as a reference to the consistent greatness that won him the 2000 MVP award. Another "big" nickname is The Big Felon after a game-winning steal Shaq made against the Orlando Magic.

One of O'Neal's most well-known investments might be Papa John International Inc. (NASDAQ:PZZA), a company that he owns stock in, as well as owns franchised restaurants and serves on the board of directors.

O'Neal owns nine Papa John's pizza franchise locations, which equals holdings worth in the neighborhood of $7 million. In addition to franchising with the concept, O'Neal also acts as a celebrity endorser and a board member — he just recently resigned an endorsem*nt deal worth $5.63 million.

In 2013, O'Neal invested in Lyft a year after it was founded. Lyft later went public in 2019 at a valuation of $22 billion. Just two years after Ring got kicked off “Shark Tank” without a deal, O'Neal saw the potential and not only invested but also became a brand ambassador.

Who has earned the most money from their NBA career? LeBron James has made the most money from their NBA career, racking up $528,992,480 over the span of his 20-year career. Kevin Garnett, Kobe Bryant, Shaquille O'Neal, and Kevin Durant help to round out some of the other top spots.

Hack-a-Shaq is a basketball defensive strategy used in the National Basketball Association (NBA) that involves committing intentional fouls (originally a clock management strategy) for the purpose of lowering opponents' scoring.

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What is Shaq known for? ›

Shaq's individual accolades include the 1999–2000 MVP award, the 1992–93 NBA Rookie of the Year award, 15 All-Star game selections, three All-Star Game MVP awards, three Finals MVP awards, two scoring titles, 14 All-NBA team selections, and three NBA All-Defensive Team selections.

He also owns 24-Hour fitness gyms, car washes, movie theatres, nightclubs, and shopping malls. He is invested in brands such as the Authentic Brands Group, including Barneys New York, Forever 21, Reebok, and JCPenney, all contributing to his net worth.

JCPenney and Forever 21 are included in Shaq's list of business interests. JCPenney and Forever 21 are under the Authentic Brands Group together with other retail brands such as Reebok (which Shaq was a former endorser), and Barneys New York. Since 2015, Shaq has owned interests in the Authentic Brands Group.

The reason he said this is because he is currently the 2nd largest individual shareholder in a company called Authentic Brands Group. This company deals with the acquisition of brands and retailers. In their portfolio is the likes of Forever 21, JC Penny, and like Shaq said, Elvis Presley.

Shaquille O'Neal once turned down what later became a lucrative deal for someone else. Starbucks franchisee opportunity: During an episode of Drink Champs, O'Neal explained Starbucks CEO Howard Schultz once offered him a chance to become a franchisee of a location that would open in the hood.

Through his business strategy and skills, he is making millions of dollars every year. According to Celebrity Net Worth, Shaq has an estimated net worth of 400 million dollars. Being a former basketball player, entrepreneur, TV host, and product endorser has also significantly helped him to build his empire.

Shaq was revealed to be one of the earliest investors in Google back in 1999. The then-Lakers big man participated in a series A round worth $100 million for the company.

The top individual insider shareholders of Google are Larry Page, Sergey Brin, and Sundar Pichai, and the top institutional shareholders are Vanguard Group Inc., BlackRock Inc. (BLK), T. Rowe Price Associates Inc., and FMR LLC.

On June 7, 1999, a round of equity funding totalling $25 million was announced, the major investors being rival venture capital firms Kleiner, Perkins, Caufield & Byers and Sequoia Capital.

Who owns the most Google stock? ›

Google Stock Ownership FAQ

Who owns Google? Google (NASDAQ: GOOGL) is owned by 62.46% institutional shareholders, 3.42% Google insiders, and 34.11% retail investors. Brin Sergey is the largest individual Google shareholder, owning 367.31M shares representing 2.89% of the company.

One of the greatest basketball players of all time has said that he owns the rights to royalties from famous figures such as Elvis Presley and Marilyn Monroe. This investment resulted from Shaq's astute business sense, as he spent around $135 million to purchase these rights.

Shaquille O'Neal's net worth sits around $400 million, according to Celebrity Net Worth. Shaq began to build up his massive net worth during his playing days in the NBA, where he cashed out over the course of his illustrious career.

Google underwent stocks splits of 2-for-1 in 2014 and 20-for-1 in 2022. The 11.76 shares would now be a total of 470.4 shares after the stock splits. The $1,000 investment would be worth $1,164,133.88 today based on a current share price of $105.22 at the time of writing.

According to the issued ratings of 18 analysts in the last year, the consensus rating for Alphabet stock is 'Moderate Buy' based on the current 1 hold rating and 17 buy ratings for GOOG.

Investments Over the Years

Unsurprisingly, Bezos was an angel investor in Google in 1998. His $250,000 is worth roughly $3.1 billion today. During its series B seed funding round, he also invested approximately $37 million in ride-sharing startup Uber in 2011.

Google is primarily owned by its founders, Larry Page and Sergey Brin, who have more than 51% voting power. Other individual shareholders comprise John Doerr (1.5%), a venture capitalist and early investor in Google, and CEO, Sundar Pichai. Former Google CEO Eric Schmidt has 4.2% voting power.

Berkshire Hathaway, the conglomerate headed by legendary investor Warren Buffett, has the most expensive stock in the world, with shares trading at over $400,000 each. Berkshire Hathaway's market capitalisation is over $640 billion, making it one of the giant companies in the world.

Conclusion. McDonald's is a publicly-traded company, with a considerable percentage of its shareholders being institutional. The top 5 institutions with the most significant stake in McDonald's include The Vanguard Group Inc, SSgA Funds Management Inc, BlackRock Fund Advisors, Wellington Management Co.

Does Bill Gates have shares in Google? ›

Bill & Melinda Gates Foundation Trust exits its holdings in Alphabet (NASDAQ:GOOGL), shedding 62K of class A shares and 62K of class C shares in the first quarter of 2022, according to its latest 13F filing.

Pichai Sundararajan (born June 10, 1972), better known as Sundar Pichai (/ˈsʊndɑːr pɪˈtʃaɪ/), is an Indian-American business executive.