Hakeem Olajuwon net worth is due to an illustrious basketball career and a distinguished off the court achievement making Hakeem Olajuwon, an iconic figure, well renowned in the sport.
Olajuwon is one of the biggest heroes in NBA history known as “The Dream” because his style of play is very smooth and easy. His journey from teenager who loved soccer in Nigeria to becoming one of the most dominating centers in basketball history is a story worth hearing.
In this article by Sports Buddy, we delve into the background of his career, Hakeem Olajuwon net worth, personal life and some interesting facts that made him a legend.
Hakeem Olajuwon Background: Education, Early Life and Birth
Hakeem Abdul Olajuwon was born January 21, 1963 in Lagos, Nigeria to Salim and Abike Olajuwon who are devout Muslims and owners of a cement business. As the third of eight children, Olajuwon was taught early on the values of discipline, teamwork, and perseverance.
Surprisingly enough, basketball wasn’t his first sport. He always played as a goalkeeper when he was a kid and was very passionate about soccer as a child.
However, this early involvement in soccer played a huge role in his future basketball career, as it increased his agility, footwork, coordination and an arsenal of skills that would go on to make up what would define his game.
He joined the Nigerian national team at the age of 17 and became introduced to basketball. The talent was there, and within a blink, he was recruited to play college basketball at the University of Houston.
Olajuwon had struggled at first to adapt to the game, but he soon became a stand out player who led the Cougars to three consecutive Final Four appearances (1982–1984). It was around this time that earned the nickname The Dream because of his graceful athleticism and unparalleled skill.
Hakeem Olajuwon Career and Achievements
The Legends of the NBA Draft started with Hakeem Olajuwon, who was drafted by the first overall pick in the famous 1984 NBA Draft by the Houston Rockets. This is one of the best drafts in history includes future Hall of Famers like Michael Jordan, Charles Barkle and John Stockton.
Hakeem Olajuwon formed the ‘Twin Towers’ with Ralph Sampson and they were immediate Rockets impact. They led Houston to the 1986 NBA Finals against the Boston Celtics, but lost.
Olajuwon’s most memorable NBA years were 1994 and 1995, when his Houston Rockets won consecutive NBA Championships. He helped the Rockets win the NBA Finals over New York Knicks in 1994, winning the NBA Finals MVP award that season. The next year he did it again, sweeping the Orlando Magic, featuring a young Shaquille O’Neal.
These championships made Olajuwon’s legacy a done deal, with the player becoming the first man in NBA history to win the league MVP, Defensive Player of the Year and Finals MVP in the same season (1994).
Other players failed to stand out compared to Olajuwon – offensively or defensively. He is the NBA’s all time leader in blocked shots with 3,830, he has twice won NBA Defensive Player of the Year (1993, 1994). He was a rare and invaluable asset because he could do it all, he could dominate both ends.
Olajuwon’s defining way was his signature “Dream Shake” move, a train of deflections and spinning that left defense stranded. It started becoming staple of his game and remains perhaps the most unguardable maneuver in basketball history.
Hakeem Olajuwon Career Statistics and Honors
Over his 18-season NBA career, Olajuwon achieved staggering numbers, including:
- 26,946 points
- 13,748 rebounds
- 3,058 assists
- 3,830 blocks (NBA record)
The NBA champion is also a 12 time NBA All-Star and a six time all NBA first teamer. Fittingly, he was inducted into the Naismith Memorial Basketball Hall of Fame in 2008.
Hakeem Olajuwon Net Worth
Hakeem Olajuwon net worth as of 2024 is a staggering $300 million which was made during his NBA career, his smart investments and enduring brand value.
The major contributor to Hakeem Olajuwon net worth was his salary during his NBA run that went up to $110 million; the highest annual salary he received during his time was $16.7 million with the Toronto Raptors in 2000.
Part of Hakeem Olajuwon net worth increase post retirement can be attributed to his real estate investments. After retiring from basketball, he started investing properties in Houston using his market knowledge and acquired the properties that were undervalued.
He owns a commercial building, shopping center and residential properties valued over $100 million. Olajuwon himself has a reputation for his hands on approach — he personally negotiates deals and insist investments are consistent with his vision which helps Hakeem Olajuwon net worth massively.
During his playing days, he endorsed Spalding, Etonic and LA Gear brands which also contributed to Hakeem Olajuwon net worth. He also started his own clothing line, concentrated on Islamic dress, reflecting his deep faith and on appeal to global audience.
Hakeem Olajuwon Personal Life and Relationship
Dalia Asafi and Hakeem Olajuwon got married in 1996 and gave birth to four children. Olajuwon who is known for his devout Muslim faith, uses Islamic teachings in all segments of his life – business transactions and personal relationships included.
He is also philanthropic in pursuing his love for education and community development projects in both the US and Nigeria.
His hard work has made a big difference, especially for the underprivileged.
