Hakeem Olajuwon Net Worth: NBA Career & Lifestyle

Hakeem Olajuwon (Sporting News)
Hakeem Olajuwon (Sporting News)

A former Nigeria-American NBA basketball player, Hakeem Olajuwon’s net worth is a staggering $300 million.

He is remembered as one of the best centers and one of the greatest basketball players in NBA history.

Meanwhile, Hakeem played for Houston Rockets and Toronto Raptors in center position from 1984 to 2002. Further, he helped the Rockets win back-to-back championships in 1994 and 1995.

Olajuwon has produced amazing performances in the NBA, which helped him earn 12 times NBA All-Star and six times All-NBA First Team.

Hakeem Olajuwon
Hakeem Olajuwon (Source: Encyclopedia Britannica)

Also, Hakeem became the first non-American to be an All-Star and start in an All-Star game.

No doubt, the former NBA star was inducted into the Naismith Memorial Basketball Hall of Fame in 2008.

Furthermore, Hakeem was inducted into the FIBA Hall of Fame in 2016.

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Hakeem Olajuwon | Quick Facts

Name Hakeem Olajuwon
Full Name Hakeem Abdul Olajuwon
Nickname The Dream
Age 59 Years Old
Date of Birth January 21, 1963
Gender Male
Place of Birth Lagos, Kenya
Nationality Nigerian/American
Profession
Former NBA player
Zodiac Sign Aquarius
Religion Islam
Race Afro-American
Residence Houston, Texas, United States of America
Height 213 cm, 7 ft.
Weight 116 kg
Hair Color Black
Eye Color Brown
Build Athletic
Social Media  Twitter
Sexual Orientation Straight
Father Salim Olajuwon
Mother Abike Olajuwon
Siblings Yemi Kaka, Kudirat Olajuwon, Akinola Olajuwon, Afis Olajuwon, Tajudeen Olajuwon
Marital Status Married
Children Abi Olajuwon, Aisha Olajuwon, Abdullah Olajuwon, Rahmah Olajuwon
Wife/Girlfriend Dalia Asafi
Education University of Houston, Texas
Team Houston Rockets, Toronto Raptors
League National Basketball League (NBA)
Shirt Number 34
Playing Position Center
Shoe Size 16 (US)
Total Points 26,946 (21.8 ppg)
Awards 2x NBA Champion, 2x NBA Finals MVP, NBA most valuable player, 12x NBA All-Star, 6x All NBA First Team, 3x All-NBA Second Team, 2x NBA Defensive Player of the Year, 5x NBA All-Defensive First Team, 4x NBA All-Defensive Second Team, IBM Award, NBA All-Rookie First Team
Endorsement  LA Gear and Etonic
Career Started 1984-2002
Current Status Retired
Net Worth $300 Million
Merch Signed Basketball, Signed Cards, Signed Sports Illustrated , Funko Pop
Last Updated June 2022

Hakeem Olajuwon | Income and Net Worth

The Nigeria-born NBA legend Hakeem Olajuwon’s net worth is a colossal $300 million.

In total, Olajuwon earned around $110 million from NBA salaries.

Hakeem stayed with Houston Rockets for 13 seasons and pocketed $80.3 million.

Likewise, in the latter part of his NBA career, Olajuwon represented Toronto Raptors and grabbed around $17.1 million in salary.

Additionally, he managed to earn a reasonable salary of $882,500 in his rookie year and went on to make an astonishing amount of $16.7 million annually in 2001.

Besides, the 7 feet tall Hakeem has made a hefty amount from his real estate business. Talking in detail, he has managed to profit over $100 million from real estate trading alone.

Also, he has had several lucrative endorsement deals that helped in bolstering his burgeoning net worth of $300 million.

Net Worth of Hakeem Olajuwon in Different Currencies

Let’s quickly look at Hakeem Olajuwon’s net worth in currencies like the euro, pound, cryptocurrency, AUD, Canadian, and BitCoin.

Currency Net Worth
Euro €  264.9 Million
Pound Sterling £  220 Million
Australian Dollar A$ 418.1  Million
Canadian Dollar C$ 0 Million
Indian Rupee ₹ 22.4 Billion
BitCoin ฿ 7532

Hakeem Olajuwon | Cars, Houses, and Watches

Cars

It is no surprising that Hakeem has a fleet of expensive cars in his garage with a humongous $300 million net worth.

Hakeem Olajuwon
Hakeem Olajuwon Merc (Source: Bornrich)

To begin with, the 7-foot tall player Hakeem drives a Mercedes Benz AMG Cl65, which costs approximately $225,500.

Houses

The former NBA star has made a sizeable amount from his real estate business. And it is no surprise Hakeem owns numerous properties with a net worth of more than $300 million.

Meanwhile, he owns a mega-mansion located in Sugar Land, Texas, worth a million dollars.

Likewise, he owns a house in Birmingham, England.

Furthermore, Hakeem owns parking garages, apartment complexes, commercial buildings, and single-family homes.

House
Hakeem Olajuwon’s House (Source: Wikimedia Commons)

Also, he purchased Houston’s former Federal Reserve Bank building and converted it into a mosque.

However, most of his real estate properties are for business purposes.

Hakeem Olajuwon | Media, Investments, Endorsements, and Books

Media

The 7 foot tall Hakeem Olajuwon was a beast of a player in the NBA and earned a huge fan following across the globe.

Meanwhile, he has made a fair presence in media via movies, TV series, and documentaries.

To begin with, Hakeem has featured in a movie entitled Heaven is a Playground.

Furthermore, he has featured in Midlands Today, 30 For 30, and Late Show with Letterman.

Additionally, he has appeared in numerous documentaries, including Hoops Africa: Ubuntu Matters, Arvydas Sabonis 11, Hakeem the Dream, and Clutch City.

Investments

The former NBA champion Hakeem Olajuwon’s net worth is $300 million.

He has amassed a mind-boggling sum of over $100 million from his post-NBA career in the real estate business.

Furthermore, Olajuwon bought a 41-acre property near NASA’s Johnson Space Center and converted it into a retirement community.

Additionally, Hakeem’s love for fashion made him start a clothing line, DR34M, in 2010. The DR34M also launched basketball shoes in 2013.

He bought a huge mansion in Clear Lake, California, and turned it into a boutique. He only stocks designer brands like Gucci, Prada, and Coach.

Hakeem uses the floor upstairs for his designing because he wants to do the design himself.

When it was opened for the first time, getting a pair of jeans or shirt from the place, needed one to make an appointment. However, it was later opened to the public, and the online store also made the clothes accessible.

Also, to ensure that his clients do not deal with traffic, Olajuwon ensured that the helicopter service was available.

Endorsements

Hakeem was a very famous face during his peak in the 90s. He caught the attention the tons of brands at the time.

Meanwhile, Olajuwon signed a lucrative shoe endorsement deal with LA Gear, later becoming the face of Spalding’s athletic shoe line, The Dream.

And this deal made him one of the few well-known players to endorse a shoe brand, excluding Nike, Adidas, and high visibility brands.

As per reports, Hakeem made around $3.8 million from his endorsement deals in 1995.

Book Publications

Hakeem Olajuwon is co-author of a book entitled Living the Dream: My Life and Basketball.’ 

Books
Hakeem Olajuwon’s Biography (Source: Amazon)

The book highlights a player’s journey from Nigeria to the United States, the highs and lows of his career, and rivalry with players.

Hakeem Olajuwon | Lifestyle and Vacations

Hakeem Olajuwon lives a very lavish lifestyle with a high net worth of more than $300 million. And, it is no doubt with such sum, one can live a king’s life.

Meanwhile, Hakeem got married to Dalia Asafi in 1996, and the couple is blessed with four children.

During his initial career at college, he was disorderly and often used to get into fights quickly, which was affecting him as a player.

Later, he started taking an interest in spirituality that helped him get over his undisciplined manner.

Moreover, Olajuwon is fluent in French and Arabic in addition to English and Nigerian languages Ekiti and Yoruba.

Similarly, Olajuwon is a practicing Muslim and has talked about studying the Qur’an every day.

Hakeem Olajuwon | Charity

The man with an outstanding record in NBA has amassed a huge net worth of $300 million.

And the two-time NBA champion impresses with his social work helping people and the needy community.

Meanwhile, in 2017, Hakeem donated $150,000 to Mayor Turner’s Hurricane Harvey Relief Fund to rebuild their lives and communities.

Likewise, he established the Dream Foundation charity in Amman, Jordan, for social services through youth activities and sports.

Additionally, Hakeem made a special appearance for Team Africa at the 2015 NBA exhibition game.

Hakeem Olajuwon | Career

Olajuwon started his youth playing for Houston in 1981-82. Later, the University of Houston retired his jersey no 34.

Meanwhile, he started his professional career playing for the Houston Rockets as he got picked in 1st round 1st overall at 1984 NBA Drafts.

He immediately impacted the team in his rookie year, which ended on losing note to Michael Jordon in the 1985 Rookie of the Year.

Likewise, in the 1991-92 season, he had a disappointing season with the Rockets but improved the following season with a scintillating performance.

However, Hakeem’s best was yet to come for the Rockets as he helped the team win back-to-back NBA championships in 1993-95.

Undoubtedly, Olajuwon played a decisive role in winning the championship with two NBA finals MVPs.

He played for 17 seasons at Houston and achieved many feats before moving to Toronto Raptors for his final season in the NBA.

After a decent performance for Toronto Raptors, Olajuwon decided to hang his boots and decided to end his affair with basketball.

Also, he represented the United States in the 1992 Olympic games and helped the team win the gold medal.

As of June 2022, Hakeem Olajuwon’s net worth is a staggering $300 million.

Interesting Facts About Hakeem Olajuwon

  • Hakeem Olajuwon is the first player in NBA history to register at least 200 steals and 200 blocks in the same season.
  • Olajuwon was a soccer goalkeeper during his youth that helped him with the great footwork and agility to balance his huge body size and strength in basketball.
  • He was named to the All-NBA First Team six times and to the NBA All-Defensive First Team five times.

FAQs

Why did Hakeem change his name?

He took a deep interest in spirituality and became more devoted to the Muslim religion, changing his name from Akeem to Hakeem in 1991.

How many times did Hakeem go to the finals?

The former NBA star appeared three times in the finals and went on to win it twice. Moreover, he becomes two-time NBA finals MVP.

What year Hakeem Olajuwon won the MVP?

He won in 1993-94 and became the first player in NBA history to be named NBA MVP, Defensive Player of the Year, and Finals MVP in the same season.

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