Being a successful athlete is no small feat, but being a successful business owner on top of that is an even greater accomplishment. It takes a lot of hard work and dedication to excel in both fields and these 5 athletes have done just that. From managing their own businesses to making investments, they have shown that you don’t have to choose between sports and business. Read on to find out who these athletes are and why they are such successful business owners.
Michael Jordan – Owner of the Charlotte Hornets
Michael Jordan is an iconic athlete who is also an incredibly successful businessman. He is the owner of the Charlotte Hornets and is the first majority African American owner of an NBA team. Jordan is also a key figure in the world of sponsorships, having signed deals with legendary brands such as Nike, Gatorade, and Hanes. He is known for his savvy business investments, owning a chain of restaurants, a car dealership, and even a golf course. He also has a stake in the lucrative world of sports betting. Jordan is a true inspiration for aspiring entrepreneurs, proving that with hard work and dedication, anything is possible.
Floyd Mayweather – Mayweather Promotions
Floyd Mayweather is a great example of an athlete who has excelled in business. His company, Mayweather Promotions, has become one of the most successful boxing promotions in the world, helping to promote fights and manage the careers of many of the world’s top boxers. The company has also branched out into other areas of entertainment such as music and film, expanding Mayweather’s empire even further. With his intelligence and business acumen, Mayweather has created a successful career outside the ring, proving that athletes can easily transition into entrepreneurs.
Magic Johnson – Chairman and CEO of Magic Johnson Enterprises
Magic Johnson is one of the world’s most famous athletes and one of the most successful business owners. Magic Johnson, also known as “Earvin Johnson Jr.”, is an American former professional basketball player who is now the chairman and CEO of Magic Johnson Enterprises. He is best known for his time with the Los Angeles Lakers, where he won five NBA championships and three NBA MVP awards. Magic Johnson has also made a name for himself as a successful business owner. He has investments in numerous industries, including real estate, sports teams, entertainment, media, and technology. He is also the owner of the Los Angeles Dodgers and the Los Angeles Sparks. Magic Johnson’s success as a business owner is truly inspiring and a testament to his hard work and dedication.
Venus Williams – Founder of EleVen clothing line
As a successful athlete, Venus Williams is no stranger to winning. But her success doesn’t stop at the court. She is also the founder of EleVen, a clothing line that is both stylish and functional. Williams has been able to take her knowledge of sports apparel and turn it into a successful fashion line that is enjoyed by both athletes and fashionistas alike. The EleVen clothing line is designed to empower women to take on their best selves, whether they are playing a game or walking the runway. Williams continues to be an inspiration and role model to young people everywhere.
Shaquille O’Neal – Owner of various businesses, including 155 Five Guys Burger restaurants
Shaquille O’Neal is one of the most recognizable athletes in the world. He is also a successful business owner. Shaq owns over 155 Five Guys Burger restaurants and is also part of an investor group that owns the Sacramento Kings. Shaquille O’Neal’s business savvy has been a large part of his success and his net worth. He has used his celebrity status and business acumen to be successful in the world of business. He is the perfect example of how athletes can transition into the business world and be successful. His ability to be both an athlete and a businessman is truly impressive and it’s no wonder he is one of the top 5 athletes who are also successful business owners.
