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Dwyane Wade Net Worth: How Rich is the Former NBA Player?

Dwyane Wade Net Worth: How Rich is the Former NBA Player?
Image: @dwyanewade / Instagram

Dwyane Tyrone Wade Jr. is an American former professional basketball player. With a 16-year promising career for the Miami Heat of the National Basketball Association, Dwyane had won three NBA championships, was a 13-time NBA all-star, an 8-time member of the all-NBA team, and a three-time member of the all-defensive team. Among several accolades, Dwyane is known to earn an impressive wealth from his entire NBA career. Hence, this article will give you a brief about the astonishing net worth of Dwyane Wade and how he likes to spend his millions.

Dwyane Wade Net Worth

According to several renowned media houses, Dwyane Tyrone Wade Jr. has an estimated net worth of $170 million. Besides his professional NBA career, brand endorsements, media appearances, and shows majorly contributed to his astonishing net worth.

NameDwyane Tyrone Wade Jr.
Net Worth$170 million approximately
Age41 years (born January 17, 1982)
ResidenceMiami Beach, Florida
PositionShooting guard
Marital StatusMarried
Source of WealthNBA player
Salary$24 Million
EndorsementsPanini, Gatorade, New Era, Li Ning Company Ltd, Hublot, TNT

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What Contributes to the Net Worth of Dwyane Wade?

Salary

Dwyane Wade had a brief career with the NBA which majorly contributed to his towering net worth. Wade had spent sixteen seasons with the Miami Heat and has won three championships with them, summing his fees of about $157 million. In addition to that, he had one season with the Cleveland Cavaliers and Chicago Bulls where he made $157 million. Hence, this sums up his total earnings as $199 million.

Dwyane Wade Net Worth: How Rich is the Former NBA Player?
Image: @dwyanewade / Instagram

Endorsements

Dwyane Wade is the face of some of the very prominent brands that include,

  • Panini, Gatorade,
  • New Era,
  • Li Ning Company Ltd, and
  • Hublot.

Besides, according to a media house, one of the most notable endorsement deals he signed was with Li Ning in 2013. Moreover, in 2003, he signed a deal with Converse that paid him $1,40,000/year. And, by 2006, the “Converse Wade” was selling 1 Million pairs/year.

Chicago Sky

In July 2023, he joined the ownership group of WNBA’s Chicago Sky, buying it at an $85 million valuation. Besides, he is the second former NBA player to invest in a WNBA team only after Magic Johnson.

Other Investments

Along with endorsements, he has invested in a digital sports media startup company, The Mars Reel, which collaborated with famous athletes and their teams. Meanwhile, along with Wade, several athletes are linked with the startup.

Style Quotient: Car Collection

Dwyane Wade is fond of high-end cars and boasts an impressive collection of them. Not only this but he is often spotted using them for their day-to-day conveyance. Meanwhile, as of 2023, his car collection includes,

  • Mercedes-Benz SL Convertible
  • Cadillac Escalade EXT
  • Hummer H2 SUT
  • Mercedes-Maybach S Class
  • Lamborghini Gallardo Spyder
  • Ferrari GTC4Lusso
  • Mercedes SLR McLaren
  • McLaren 720S Spider
  • Ferrari F12 Berlinetta
  • Jaguar F-Pace
  • Aston Martin Vantage
  • BMW i8
  • Mercedes-Maybach S-Class
  • Chevrolet Suburban
Dwyane Wade Net Worth: How Rich is the Former NBA Player?
Image: @dwyanewade / Instagram

Real Estates

Along with an exquisite four-wheeler collection, Dwyane Wade and his wife, Gabrielle Union have worked for an impressive real estate portfolio. 

Mansion in Hidden Hills, California

In 2020, Dwyane and Gabrielle Union purchased a resplendent mansion in Hidden Hills, California for $20 million. With three floors and a 22,000-foot property, it is counted among the vast properties of the location.

Apartment in Sherman Oaks

In 2018, they bought a cosy apartment in Sherman Oaks, California. Along with a perfect location, the property has several amenities.

Luxurious Mansion in Miami

Most expensive among all her properties, Union and her husband, Dwyane Wade bought this property with a staggering worth of $32 million.

Charity Work

Besides being a basketball player, Dwyane Wade is a philanthropist and actively contributes to charitable causes. In 2003, he founded Wade’s World Foundation which supports community-based organisations and works for the education of underprivileged children.

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Family

Dwyane Wade was born on January 17, 1982 (age 41 years; as of 2023) in Chicago, Illinois, United States. Raised in a turbulent family, Dwyane was only four months old when his parents, JoLinda and Dwyane Wade Sr. separated. Following his parents’ separation, Dwyane and his sister Tragil’s custody was transferred to his mother, JoLinda.

Nevertheless, the custody turned into a nightmare owing to his mother’s struggle with drug addiction and crimes that eventually landed her in prison. Later, Dwyane’s sister took him to live with his father and stepmother. Subsequently, Wade occasionally visited his mother and after he shifted to Illinois with his father and their extended family, he visited his mother after two years.

Dwyane Wade Net Worth: How Rich is the Former NBA Player?
Image: @dwyanewade / Instagram

Personal Life

In 2002, Dwyane married his high school girlfriend, Siohvaughn Funches; nevertheless, it turned out to be Similar to his turbulent childhood. The former couple split in 2007 which followed a bitter divorce in 2011. Later, in the same year, Wade was handed custody of his two children. In addition to his children, he raised his nephew, who is the son of Wade’s sister, Dianna.

Meanwhile, in 2008, he started dating the famous American actress, Gabrielle Union. Later, in August 2014, they entered into a marriage and Gabrielle became a stepmother to three of his children. Subsequently, in 2018, Gabrielle Union and Dwyane Wade’s daughter, Kaavia James Wade, were born via surrogacy.

In 2020, his daughter from Siohvaughn Funches came out as transgender. Meanwhile, Dwyane Wade’s son, Zaire Wade, followed in his father’s footsteps to carry his legacy in basketball. He also has a son with Metoyer, Xavier Wade.

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Do You Know These Lesser Known Facts About Dwyane Wade?

  • He was the NBA-all star for 13 years, from 2005 to 2016, consequently, and in 2019. Hence, owing to an over-achieving basketball career, he is widely regarded as the best shooting guard in NBA history.
  • He is currently the host of the American adaptation of The Cube. In addition to it, he made a guest appearance in America’s Got Talent alongside his present wife, Gabrielle Union.
  • Although his biological mother, JoLinda, was a drug addict, Dwyane claimed that she had not consumed any illegal drugs since 2003.
  • In a media interaction, Wayde mentioned his sister, Tragil, and claimed that she helped him in moving towards the right direction in his career.
  • Initially, he wanted his elder daughter, Zaira Wade, to pursue a brief basketball career. Nevertheless, after she came out as transgender, he left the decision on her own.
  • According to Wayde, his child with Aja Metoyer led to an official separation from his current wife, Gabrielle Union, in 2013. Nevertheless, later, the couple privately worked on their relationship, which eventually led to their marriage.

About the author

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Aditi Raj

Aditi Raj is a media and entertainment enthusiast with a journalism degree and two years of writing experience. Passionate about movies, music, and pop culture, Aditi crafts engaging content that reflects her in-depth industry knowledge. She's a dynamic storyteller who keeps audiences informed and entertained, bringing her unique perspective to the ever-evolving world of media and entertainment.

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