Hakeem Olajuwon, the former NBA superstar and one of the greatest centers to have ever played in the league, has successfully dominated the real estate market after retirement. Olajuwon has been able to purchase and develop prime properties throughout Houston, his hometown.
The Nigerian-born basketball legend is well known for his prowess on the court, but he has quietly become a major player in the Houston real estate market. Olajuwon’s commercial and residential developments are some of the most sought-after properties in town.
Despite his busy schedule, Olajuwon always makes time for his fans. He frequently participates in charity events and gives back to the community which helped make him a success.
He was one of the best basketball players in the world. It was clear that this player was destined for greatness. During his days as an NBA player, it was only a matter of time until he would make his mark in the NBA.
He had always been one of the best players on his team, leading them to victory time and time again. When he finally reached the NBA, there was no stopping him. He led his team twice to win the NBA Championship while playing for the Houston Rockets. Adding to his enormous success story on the court, he picked up two Finals MVPs, won two-time Defensive Player of the Year, made a name in the 12 All-Star teams, and won an MVP award.
As a result of his impressive career, he was inducted into the Basketball Hall of Fame in 2016.
The accolades just kept pouring in for the African Giant. After a stellar NBA career that saw him become one of the league’s 50 Greatest Players, he was finally rewarded with a Hall of Fame nod. It was a momentous occasion for Hakeem Olajuwon, who had worked so hard to achieve this level of success.
Of course, his former teammates and coaches were quick to offer their congratulations. “He always played with such passion and intensity,” recalled one of his former coaches. “It was an honour to coach him.”
It was a well-deserved honour, and the African Giant was proud to have achieved it.
After a record-breaking career in the NBA, while earning a grand total of around $102 million over a nearly 20 years career, Hakeem Olajuwon was ready to take on new challenges. He ventured into the real estate world, and quickly made a name for himself. His superb skillset translated perfectly to the world of property development and investment. Within a few years, he had made a fortune – all while maintaining his professionalism and integrity. In the end, Olajuwon’s success in the real estate world was just another chapter in an already impressive life story.
Olajuwon’s success in the real estate world was thanks, in part, to his keen understanding of what it takes to be a successful businessman. “It’s not about making money,” he said. “It’s about preserving your money and making it work for you.” Olajuwon was able to apply the same discipline and focus that made him a basketball superstar to his new career, and it paid off.
When most people think of retired basketball stars, they probably don’t imagine them becoming real estate moguls. But that’s exactly what Hakeem Olajuwon has been up to in recent years. It’s reported that the former superstar specializes in buying properties that are ripe for development via public improvements like stadiums or train stops. For example, he buys large undeveloped plots of land near transportation lines. Olajuwon is said to have bought a 41-acre property near NASA’s Johnson Space Center and developed it into a retirement community. He owns parking garages, office buildings, and even an energy company. Clearly, the man knows how to make a smart investment.
In a New York Times profile, Hakeem explained: “I have been blessed thus far to be able to work with my own capital, which gives me the ability to decide when I want to sell as opposed to having a bank loan hanging over my head that in some cases, can force you to sell even though you may not be ready to.”
Thanks to his shrewd investments have led him to become one of the wealthiest people in the world, with a net worth of $300 million.
