A man wearing sunglasses, a yellow cap, and a gray Nike shirt holds a shiny gold basketball while standing outside against a beige textured wall.

For many professional athletes, retirement marks the end of one career and the beginning of another. While some remain connected to sports through coaching or broadcasting, others have used their fame, discipline, and financial resources to build thriving business empires.

These retired athletes proved that success doesn’t have to end when the final whistle blows. From restaurants and clothing brands to technology companies and investment firms, they transformed their competitive drive into entrepreneurial success and created legacies that extend far beyond the playing field.

1. Michael Jordan

A young man in a gray "Air Jordan" t-shirt stands on an outdoor basketball court, holding a pair of red, white, and black Nike sneakers over his shoulder. A basketball hoop and fence are visible in the background.
Daron Collins / Pinterest.com

Michael Jordan became one of the most successful business owners after retirement thanks to the continued growth of the Jordan Brand. His partnership with Nike evolved into a global empire that generates billions in revenue and remains one of the most recognizable names in sports and fashion.

2. Magic Johnson

A basketball player wearing a yellow Lakers jersey with the number 32 dribbles a basketball on the court during a game. The background is blurred with the crowd in the stands.
Jakub Todd / Pinterest.com

After leaving basketball, Magic Johnson built a business portfolio that includes investments in sports teams, entertainment companies, real estate projects, and restaurant chains. His success made him one of the most respected athlete entrepreneurs in America.

3. David Beckham

A male soccer player in an England jersey with the number 7 stands on a grassy field, pointing to his left with his right arm extended.
AEREN88 WM / Pinterest.com

David Beckham expanded far beyond soccer after his retirement. He built businesses in fashion, fragrances, endorsements, and sports ownership, with his involvement in Inter Miami helping establish him as a major figure in the business world.

4. Shaquille O’Neal

A basketball player wearing an Orlando Magic jersey with the number 32 celebrates on the court, extending his arms. The crowd and another player in a yellow uniform are visible in the background.
ilovethisgame / Pinterest.com

Shaquille O’Neal transformed his popularity into a diverse business empire. His investments have included restaurants, fitness centers, technology companies, and numerous endorsement partnerships that continued long after his basketball career ended.

5. George Foreman

A smiling man in a blue shirt and black apron holds tongs with food, standing next to two grills. A promotional backdrop with bold red and white text is visible behind him.
People / Pinterest.com

George Foreman achieved extraordinary business success through the George Foreman Grill. The product became a household name and generated enormous profits, making it one of the most successful athlete-endorsed products ever created.

6. Roger Staubach

Two Dallas Cowboys football players in blue uniforms are on the field; the player wearing number 12 is positioned behind the center, number 62, preparing to receive the snap during a game.
Tommy Holt / Pinterest.com

Roger Staubach built a thriving commercial real estate company after retiring from football. His firm became one of the industry’s leaders and was eventually sold for a substantial sum, cementing his reputation as a successful businessman.

7. Serena Williams

A female tennis player wearing a black sleeveless top, denim skirt, and headband smiles and raises her arm on a tennis court.
Thin Blue Line / Pinterest.com

Following her tennis career, Serena Williams focused heavily on venture capital and startup investing. Through her investment firm, she has supported dozens of companies across industries ranging from technology to consumer products.

8. Junior Bridgeman

A man wearing glasses, a light blue dress shirt, and dark pants stands smiling inside a Wendy’s restaurant. He rests one hand on a wooden divider, with a counter and menu boards visible in the background.
GPI Financial Services / Pinterest.com

Junior Bridgeman quietly became one of the wealthiest former athletes through smart business decisions. His ownership of hundreds of restaurant franchises created a fortune that far exceeded his earnings as an NBA player.

9. Arnold Palmer

A smiling older man in a green short-sleeve polo shirt and gray pants stands outdoors on a sunny day, wearing a golf glove and holding a golf club. The sky is clear and blue, and houses are visible in the background.
Getty Images / Pinterest.com

Arnold Palmer successfully turned his name into a global business brand. His ventures included golf course design, apparel, beverages, and licensing agreements that remained profitable for decades.

10. Venus Williams

A tennis player in a black dress prepares to serve on an outdoor court, holding a tennis ball and racket, with spectators watching from the stands in the background.
Mr. P Mosh / Pinterest.com

Venus Williams entered the business world with ventures focused on fashion, interior design, and wellness. Her entrepreneurial success demonstrated that athletes can build influential brands outside of sports.

11. John Elway

Two men stand outdoors on a grassy field. One wears sunglasses, a white shirt, and teal pants. The other wears a "Denver Broncos" t-shirt, gray shorts, and holds a blue football helmet. Both are smiling and talking.
KingB inc / Pinterest.com

John Elway invested heavily in automobile dealerships after football. His dealership network became one of the most successful examples of an athlete-owned business operation in the United States.

12. Alex Rodriguez

A man in a black suit, white shirt, and gray tie stands on a red carpet in front of a black backdrop with logos and greenery. He is smiling and posing for the camera.
E! News / Pinterest.com

Alex Rodriguez built a large business portfolio centered on real estate, investments, and media ventures. His company has been involved in numerous projects that expanded his influence beyond baseball.

13. Maria Sharapova

A female tennis player in a black dress holds a large silver trophy and smiles slightly. She is standing on a tennis court, with a blurred crowd in the background.
Anne / Pinterest.com

Maria Sharapova launched a successful candy company and later expanded into investments and entrepreneurship. Her ability to create a recognizable consumer brand helped her stand out among retired athletes.

14. Tony Hawk

A young person in a dark t-shirt and jeans sits on the floor playing a skateboarding video game on a CRT TV with a PlayStation console, surrounded by game cases and VHS tapes in a bedroom decorated with posters.
🪾 𝐗𝐀𝐍𝐃𝐄𝐑𝐢𝐙𝐌 / Pinterest.com

Tony Hawk leveraged his skateboarding fame into licensing deals, media projects, and business ventures. His brand became synonymous with skateboarding culture and reached audiences around the world.

15. LeBron James

A man wearing sunglasses, a yellow cap, and a Nike Air shirt stands outside holding a large golden trophy shaped like a basketball on a pedestal.
Anonymous / Pinterest.com

Although his playing career extended longer than many expected, LeBron James has already developed an impressive business empire. His investments in media, sports ownership, technology, and consumer brands position him for even greater success after retirement.

More Related Notes

• 10 Industries That Are Creating the Most Millionaires Right Now
A look at the business sectors where successful athletes often invest their time, money, and personal brands after leaving professional sports.

• 10 Things Millionaires Do That Seem Strange Until You Understand Why
This article explores the habits and strategies that help high achievers build and preserve wealth long after their primary careers end.

• 15 Stars Who Earn More From Investments Than Acting
A complementary read about public figures who successfully transitioned from entertainment into business and investment ventures that became major sources of income.

Meet the Writer

Tatiana is a graphic designer specialized in marketing, with over 15 years of experience in the digital marketing world. Throughout her career, she’s worked with a variety of brands, developing strategies that blend creativity, identity, and results and loves to churn out refreshingly engaging content for audiences across many content realms at the same time. Find her on Behance at, tatianaalalach, as well.