Dwyane Wade net worth is estimated to be around $180 million, as of 2023.
Born Dwyane Tyrone Wade Jr, he is a former professional basketball player who has won many laurels playing basketball for his team and country.
He played for Miami heats for many years won the MVP player award on many occasions. Wade has played for the Chicago Bulls as well as Cleveland Cavaliers in the NBA.
Net Worth: | $180 Million (USD) |
Source of Wealth: | Professional Basketball Player, Brand Ambassador, Entrepreneurship |
Full Name: | Dwyane Tyrone Wade Jr |
Also known as: | Dwyane Wade |
Date of Birth: | January 17, 1982 |
Country of Origin: | United States of America |
Gender: | Male |
Height: | 6ft 4in (193 cm) |
Years Active: | 2003 to 2019 |
Table of Contents
Source of Wealth
Dwyane Wade’s main source of wealth includes sign-on fees, salaries and match bonuses during his professional basketball career.
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He also makes money through various deals and endorsements from big brands.
Some of the brands that have endorsements deals with Wade include Nike, T-Mobile, Gatorade, McDavid, Hublot watches, Lincoln, Staples, Sean John, and Mission Skincare.
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Early Life
Dwyane Wade was born on 17 January 1982. His birth name is Dwyane Tyrone Wade Jr. His birthplace is in Chicago, Illinois.
Wade was born to Dwayne Wade Sr. and JoLinda. He is the second of the two children born by Dwayne Wade Sr. and JoLinda. He has an older sister named Tragil.
Wade’s parents separated when he was four months old. He grew up alongside his sister and two maternal step-siblings under his mother’s custody until he was eight years old.
Things were not okay financially and his mother started dealing with drugs and eventually became addicted to cocaine, heroin and alcohol.
When he was eight years old, his sister Tragil tricked him to go live with their father, who already had another wife.
Dwyane Wade moved with his father to Robbins, Illinois. He started showing interest in basketball and football. These interests helped him to stay away from the temptations of drugs and dangerous street life.
He attended Harold L. Richards High School in the Chicago suburb of Oak Lawn. He was then able to combine academics and basketball well.
After honing his skill at high school, Wade became an established star in the school’s basketball team.
He later enrolled at the Marquette University in Milwaukee, Wisconsin. This was because he wanted to further his basketball career and play under one of the best college basketball coaches at the time Tom Crean.
Wade was later drafted to play for the Marquette’s Golden Eagle.
Career Highlights
2001-2002: Dwyane Wade led the Marquette Golden Eagles in scoring 17.8 points per game (ppg). This result made the Eagles lead in both steals of the Conference USA.
With other impressive personal results, Marquette finished the season with a 26–7 record. This was their best record in five years.
2002-2003: He led the school again in scoring with 21.5 points per game (ppg). The Golden Eagles finished with a 27–6 record.
Other records in the 2003 season saw the Marquette upset the Cincinnati Bearcats, 70–61, to capture its first and only Conference USA title on March 8, 2003.
He became the first Marquette player to be named to the All-America First Team by the Associated Press (AP).
He was named the MVP of the Midwest Regional after his impressive play against the top-seeded University of Kentucky team in the Midwest Regional final.
He also got national media publicity that also culminated in Wade entering the 2003 NBA draft.
As a mark of honor, the Marquette University retired his jersey number.
2003-2004: Wade selected by the Miami Heat at the 2003 NBA draft. He played well and distinguished himself with outstanding performances for the Heats.
He gained unanimous selection to the 2004 NBA All-Rookie Team. He was also selected as the third in rookie of the year voting. Only LeBron James and Carmelo Anthony were better than him.
2004-2005: Wade’s breakthrough season can in the 2004–05 season. He helped Miami Heat improve on their previous season’s result. The team’s campaign was their best in the Eastern Conference.
Wade was so impressive this season that he was selected as a reserve in the season’s All-Star Game.
In the season’s playoffs, Wade helped Heats to overcome New Jersey Nets and Washington Wizards. Although they lost to the previous season’s champion Detroit Pistons in a seven-game series in the Eastern Conference finals.
Wade scored as many as 42 points in Game Two and 36 in Game Three of the series despite playing with sinusitis, the flu, and a knee strain.
2005-2006: Wade was elected to the All-Star Game for the second time. He led the East to win the West 122–120. Wade finished the regular season with averages of 27.2 points, 6.7 assists, 5.7 rebounds, and 1.95 steals per contest.
He helped the Heats to overcome Chicago Bulls. In the 2006 playoffs, he scored 15 of his 28 points, even while suffering intense pain.
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He put up a superb performance to help Heats win the Dallas Mavericks in the 2006 NBA finals. He also won the NB Finals Most Valuable Player Award (MVP). The fifth-youngest player in NBA history to achieve that feat.
2006-2007: Wade missed a lot of games due to injuries. However, he still received the All-NBA honors. Despite the season marred by a huge shoulder injury in a game against the Charlotte Bobcats, Wade still finished the season as the NBA’s leader in player efficiency rating(PER).
In the 2007 playoffs, he averaged 23.5 points, 6.3 assists, and 4.8 rebounds per contest. However, the Miami Heat was beaten by the Chicago Bulls in the first round of the playoffs.
Wade underwent shoulder surgery and missed out on the opportunity to join the USA Basketball team in the Olympic Qualifying Tournament over the summer.
Wade was elected to his fourth consecutive All-Star Game appearance despite battling pain in his injured knee throughout the season,
2008-2009: Wade helped the US National Team win Gold at the 2008 Olympics. He started in the lineup of Miami Heat’s campaign. He led the NBA in scoring as he posted at least 40 points, 10 assists, and 5 blocks in one game.
Wade was selected to play for the East in the 2010 NBA All-Star Game. He was named the game’s MVP after recording 28 points to go along with 11 assists, 5 steals, and 6 rebounds.
In this season, he became the only player in NBA history to reach 2,000 points, 500 assists, 150 steals, and 100 blocks as well as the only player under 6 feet 5 inches (1.96 m) to block upwards of 100 shots in a single season.
2009-2010: He recorded his 10,000th career point during a 95–87 win against the Chicago Bulls. This was only the third game that he featured in since the beginning of the season.
In a match against the Cleveland Cavaliers, he made one of the best dunks of the season over Anderson Varejao.
He was selected for the East in the 2010 NBA All-Star Game. This makes it the sixth overall All-Star appearance for him.
In addition, he was named the game’s MVP after recording 28 points to go along with 11 assists, 5 steals, and 6 rebounds.
2010-2011: This is the Big 3 Era. The three means the combination of Wade, LeBron James, and Chris Bosh. The Heat finished with a 58–24 record and earned the second seed in the Eastern Conference.
Despite defeating the Philadelphia 76ers, Boston Celtics, and Chicago Bulls, the Heat reached the NBA Finals. However, they lost the finals to the Dallas Mavericks after six games.
2011-2012: Wade recorded a feat at the 2012 All-Star Game. He made the only third triple-double in the history of the contest. He posted 24 points, 10 rebounds, and 10 assists. Only Michael Jordan and LeBron James have attained that feat.
At the end of this season, Wade finished with finished the season averaging 22.1 points, 4.8 assists, 4.6 rebounds, and 1.7 steals per game.
In the playoffs, he helped the Heats to overcome New York Knicks, Indiana Pacers, and the Boston Celtics.
In the NBA finals, Wade averaged 22.6 points per game in the series against the Oklahoma City Thunder. Wade, LeBron James, and Chris Bosh helped the Heat win their back-to-back NBA title.
2012-2013: Before the start of this season, he underwent surgery for his left knee. He did not make it to the 2012 Olympic Summer Olympic team. He returned in a game against the Los Angeles Clippers in the preseason.
Wade was suspended for one game after he kicked Ramon Sessions of Charlotte Bobcats in a December away game.
He finished this season with averages of 21.2 points, 5 rebounds and 5.1 assists per game.
2013-2014: This season, Wade posted a career-high 54 percent field goal percentage, and he averaged 19 points per game. He also helped the Miami Heats to reach the NBA Finals. Unfortunately, the team lost to the San Antonio Spurs in five games.
2014-2015: Wade re-signed for the Heats while LeBron James returned to Cleveland. This season was not particularly great for Wade and Heat. Heat season ended with a 37–45 win-loss record. Wade also missed the postseason in the second time of his career.
2015-2016: Wade opted out of his contract this season and became a free agent. However, he re-signed a new one-year contract for $20 million.
2016: Wades signed for Chicago Bulls on a two-year deal. The contract was worth approximately $47 million.
2017: Wade signed for Cleveland Cavaliers. This provided him with the opportunity to team up with former Heat’s teammate LeBron James. His season did not go well and he took a bench role and become the leader of the second unit.
2018-2019: Wade returned to Miami Heat in the 2018-2019 season. He had a fantastic season. He was named for the 2019 All-Star game, thus marking his 13th All-Star appearance. He retired after a successful Basketball career.
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Personal Life
Dwyane Wade is married with four children. In 2002, he married his former high school girlfriend Siohvaughn Funches. They have two sons together.
In 2007, the Wade filed for divorce and three years later he was granted the custody of the two children.
Wade also has a son with Aja Metoyer, his longtime friend.
In 2013, Wade married actress Gabrielle Union whom he had started dating since 2009. The couple have a daughter born through surrogacy.
Dwyane Wade has a large heart. He raises his nephew who is the son of his sister Deanna.
He is involved with philanthropic and donates to charities like The Wade’s World Foundation, which provides support to community-based organizations that promote education, health and social skills for children in at-risk situations.
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