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Where is Hakeem Olajuwon now? Everything about former NBA star's life beyond basketball
Where is Hakeem Olajuwon now? Everything about former NBA star's life beyond basketball (Image Credit: Getty Images)
Hakeem Olajuwon played basketball from 1984 to 2002. After retirement, Olajuwon continued his association with the game by mentoring budding talents in basketball. At present, he is one of the richest
NBA
players in 2025, according to Forbes.
He is a 2008 Naismith Basketball Hall of Fame inductee. A Nigerian in origin, Olajuwon had several accolades like 1994 and 1995 Finals MVP, and 1994 regular season MVP to his credit. He played for the Houston Rockets all his career, but moved to the Toronto Raptors just before retiring.
H
akeem currently lives in Houston and manages a mammoth business empire focused on the Houston Real Estate industry and other areas.
Current occupation of Hakeem Olajuwon
Hakeem Olajuwon is currently involved in diversified businesses. From fashion apparel and footwear to real estate and luxury event venues, he has made a mark everywhere.
Hakeem Olajuwon built for himself a strong reputation in the Houston Real Estate industry. Olajuwon followed a credit-free way of investing in real estate. It helped him stay relevant even during the testing times.
Hakeem Olajuwon has made a 100 million dollars in real estate
Apart from real estate, Olajuwon ventured into fashion wear.
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Olajuwon, popular as 'The Dream', founded DR34M, a fashion apparel and footwear business. He personally oversaw the design and development process of the footwear line DR34M Shake Shoe. Partnering creatively with Five Fingers and Vibram, two big names in the mountaineering shoes sector, he developed his shoe line. Unmatched quality in products with a focus on user comfort placed DR34M Shake Show among the top grossers in footwear.
Olajuwon founded another venture, DR34M Mansion. It provided a luxury venue for weddings and events. He used this mansion to showcase his products from his footwear and apparel line, too.
The most prestigious real estate venture of Olajuwon was Palladio Development Ltd. Through this company, he invested in properties based in growing areas. He developed a large number of parking areas, garages, commercial buildings, etc.,
in Houston.
According to the Timeless Black Legacy YouTube channel, Hakeem currently lives in a palatial Texas mansion with his wife and children. His net worth in 2025 is estimated at $300 million, placing him among the wealthiest NBA players.
Hakeem Olajuwon gives back to basketball by training budding talents
Apart from managing lucrative businesses, Hakeem Olajuwon provides training to basketball players who want to carve out a promising NBA career.
What Is Hakeem Olajuwon Known For As A Coach? - The Basketball Xpert
In 2023, reports swirled that Olajuwon charges $50,000 a week, which Gilbert Arena condemned as well.
However, Giannis Antetokounmpo wrote off these speculations, saying he did not pay in any shape or form to Hakeem for private workouts or training.
Though Hakeem Olajuwon never showed interest in working as a traditional coach. But he never held himself back from training budding players with exceptional talent. His well-known work was with Kobe Bryant and LeBron James. According to Basketball Network's report, Hakeem took LeBron under his aegis during the 2011 summer training camp. After this camp, LeBron demonstrated a significant leap in his performance.
Hakeem has also mentored Amar'e Stoudemire and Dwight Howard.
Also Read:
NBA: Kevin Durant surpasses Hakeem Olajuwon on all-time scoring list
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