Does Shaq Own Forever 21

Recently some anonymous sources are claiming that Shaq owns Forever 21. So, today we are revealing the truth about: Does Shaq Own Forever 21? 

Shaq is famous and admirable among the citizens of the United States. He is also widely respectable worldwide in the same manner. So read the article carefully and find out the honest answer. So, let’s get started.

Who is Shaq?

His real name is Shaquille O’Neal. He was a well-known NBA player. He retired a few years back. He and his entire team achieved gold in Olympics. 

After 2011 he retired from games and tried his hand as an NBA analyst. He was entangled in business work with various companies at that time. But now the question is: Does Shaq own Forever 21? 

So let’s move forward to know more details:

Shaquille Rashaun O’Neal was born in Newark, New Jersey, on March 6, 1972.

He attended Louisiana State University after graduating from Cole High School in San Antonio, Texas, and went on to become one of the NBA’s most dominant players.

In 1996, O’Neal signed the NBA’s most significant contract, a seven-year, $120 million deal with the Los Angeles Lakers.

The following year, he was a United States Dream Team member who won gold at the Olympic Games in Atlanta, Georgia. O’Neal earned a Master of Business Administration degree from Barry University in Florida in 2005 to expand his business footprint and later returned to the university to earn a doctorate in education in 2012.

In 2013, he became a minority owner of the NBA’s Sacramento Kings and was later named general manager of the Kings’ esports team. He invested in the NRG Esports organization in 2016.

O’Neal is also active in the restaurant industry, having bought a Krispy Kreme in Atlanta and opening his Southern cuisine restaurant, Shaquille’s, in Los Angeles.

He joined Papa John’s board of directors and became a brand ambassador in 2019.

What does Shaq own?

Shaq was a retired official NBA player. In 2011 after retirement, he started a brand-new business platform with many new and unique ideas. 

He also started investing in various kinds of things, from technical tools to restaurants. 

Mainly he is trying his hands on every type of trending business. Shaq said that he owned a 24 hours car wash center and another car wash with a capacity of 150 people. 

He also owned a fitness center of 40 people. He also promoted his brand products like Shaq suit, Shaq shoes, Shaq Jewellery etc.

Does Shaq own Forever 21?

While researching Shaq’s accomplishments and ownership, we couldn’t find any mentions of owning a Forever 21 store. He owns other businesses and is expanding his own.

In 2019, he was appointed as a director of Papa John’s and became a brand ambassador. So, the actual legit answer is a big no. Forever 21 is a well-known retailer brand with a large consumer base and a lot of potentials.

After the move on February 20, 2021, Brookfield, Simon, and ABG became the new owners of the famous stores forever 21. 

Who owns Forever 21?

The acquisition of America’s fast-fashion retailer store, forever 21, was announced a few months ago. Simon Property Group and ABG now own the store.

Property owners in Brookfield own 25% of the company. Does Shaq hold Forever 21? The answer to this question is most likely no. With the February 2021 move, Brookfield, Simon, ABG became the new owners of Forever 21.

So, I hope all the doubts are clear now. So, we are ending our brief discussion on this topic. Hope you got the essential information till now.

Conclusion:

Hopefully, the answer is clear now. This statement is entirely false. If you still want to learn more, then tell us in the comment section. 

Also, tell us about your views on it or if you have anything more to share about this opinion. Feel free to share.