Facts of Dwayne Wade
|Full Name||Dwayne Wade|
|Birth Name||Dwyane Tyrone Wade Jr.|
|Birth City||Chicago, Illinois|
|Birth Country||United States|
|No Of Children||4|
|Awards||NBA Finals Most Valuable Player Award,Best Breakthrough Athlete ESPY Award|
|Sibilings||Tragil Wade, Demetris McDaniel, Deanna Wade, Kodhmus McDaniel, Darnell McDaniel|
|Date of Birth||17,1982|
How Much Is The Miami Heat Star Dwyane Wade’s Net Worth?
Dwyane Wade is one of the richest players in the NBA who has a net worth of $120 million as of May 2019. His career has spanned over 16 years in the NBA playing for various teams like Miami Heat, Cleveland Cavaliers and Chicago Bulls.
The Olympic gold medalist is a revered shooting guard whose skill and hard work have made him into one of the richest NBA superstars. Marquette University retired his jersey number cementing his status as a legend of the game. He started playing basketball professionally in 2003 and is still going strong in the game.
Dwyane Wade’s Is Worth $120 Million: How Does He Make Money?
Before debuting as a professional with the Heat, he played for Marquette University in Milwaukee, Wisconsin. After that, he was picked up by Miami Heat.
He started his career in extraordinary fashion and was selected for NBA All-Rookie First Team in 2004. He will retire after the current season (2019).
According to the Richest, the NBA star has a net worth of around $120 million as of May 2019. Similarly, Celebrity net worth also reports the same amount as his net worth.
On the other hand, Celebritynetworth reports that the athlete has a salary of $20 million per year.
According to Spotrac, the lifetime earnings of the NBA superstar is around $196,388,473.
#42 on Forbes Highest Paid Athletes List
In 2018 he was named as one of the highest earning athletes in the world by Forbes magazine. In fact, the majority of Dwyane's whopping $120 million salary is due to his $31.8 million salary according to Forbes.
His Contracts, Income Sources, & Salary Throughout The Years
The following is a table of Wade’s earnings throughout his career:
|S. No||Year||Earnings From Salary|
The table below lists the contracts and his earnings from them as per the year.
|S.No||Contract Worth||Year/ Season|
The superstar is a big earner and is one of the most well-paid athletes in the world even 16 years after his debut from his sponsors and endorsements.
Rise To NBA Superstar Status, Career Highlights, & Awards
After being selected as the 5th pick for the NBA Draft, he started his professional career playing for Miami Heat. After spending 13 years there Dwyane went to Chicago Bulls.
Similarly, he went to Cleveland Cavaliers. He spent a season each at all of his clubs other than Miami Heat. He joined his first team again in 2018 and is currently playing there as of May 2019.
The majority of his career was spent at Miami Heat. After playing a great season in 2003-2004 the next season was his breakthrough. Some of his major wins in tournaments include the gold medal at 2008. Wade has also won the NBA championship 3 times. He was also selected in the All-American team in 2003.
After which he won various awards and achieved many accolades making the NBA All-Defensive Team 3 times.
Assets, Lifestyle & Expenses
NBA stars are notorious for their flashy lifestyles with lavish expenditures all over the place. Wade is also no exception to this and is a big spender.
He Owns Houses In Windy City & Miami
While in Chicago he bought a house in the Windy City costing him around $1,425,000. Similarly, he also has a mansion in Miami valued at a whopping $12,650,000.
Well, apparently, he spends some quality time in his houses one after another.
Wade and wife Union also added a $20 million worth bungalow at Hidden Hills, California to their list.
He Also Owns a Few Luxury Cars
He doesn’t shy away when it comes to cars too as he has a super exclusive 2012 McLaren MP4-12C supercar which is valued at $230,000.
Likewise, he also has a customized blue Cadillac Escalade costing around $87,000. Wade also owns a Porsche 991 which has a value of around $130,000.
Sponsorships, Instagram, Endorsements & Advertisements
Wade is a superstar and a beloved public figure which makes him a very marketable personality. Multinational brands like Nike have sponsored him. In fact, he signed a deal with Nike in 2011 from which he earned around $12,000,000.
The next year in 2012, Dwyane signed another deal with a Chinese footwear company Li-Ning which paid him around $10,000,000. In 2014, he earned $11,000,000 from his endorsements and advertisements alone and in 2015 he earned $15,000,000.
In addition, Wade has more than 13 million followers on Instagram as of May 2019, According to Influencermarketinghub, the celebrity earns anywhere from $26,832 to $44,720 per post.
Expenditure From Fines
The NBA has a strict policy of fining its players for fouls committed during a game. Wade has also been fined multiple times and has paid a huge sum in total. He has paid $103,000 as fines in total as per data in May 2019.
The following table lists some other various fouls he has committed and the fines he has paid:
|Date||Fined Amount||Type Of Foul|
In total, he has committed 27 technical fouls for each of which except one he has paid $2000 making the total fines paid from technical fouls $56000.
Charity, Tax, And Insurance
Wade regularly donated a part of his earnings to charity, in fact, in 2006 he donated $10,000 to his foundation. He also prevented a library from getting shut in 2009 by donating $29,000. In 2010 he formed The Athletes Relief Fund for Haiti along with Alonzo Mourning and raised over $800,000 for the victims.
The NBA star pays a huge bulk of his earnings to the taxes. Due to his high earning rates he also pays income taxes, property taxes, and sales taxes.
The athlete is sure to have some kind of insurance of his body but the exact plans and policies of the stars insurance are not available in the media.
Dwyane Wade’s Personal Details- Age, Height, Children, Retirement, Wife, Marriage
Dwyane Wade was born Dwyane Tyrone Wade Jr. on January 17, 1982, in Chicago, Illinois to mother Jolinda Wade and father Dwyane Wade Sr. He is 37 years old as of May 2019 and is 6 feet 4 inches or 193 cms tall.
He has 3 brothers named, Darnell McDaniel, Demetris McDaniel, and Kodhmus McDaniel and a sister named Tragil Wade. He is African-American by ethnicity and is an American by nationality.
He Is Married Twice
As for his relationships, he married his high school sweetheart Siohvaughn Funches in 2002.
But later filed for divorce in 2007. They were legally granted the divorce in 2010. The marriage blessed him with 2 sons of whose he got sole custody.
In 2009, he had started dating actress Gabrielle Union but during a feud with her conceived a son with Aja Metoyer who is his longtime friend. He, later got together with Union and got engaged on August 30, 2014. The couple chose surrogacy to conceive their fourth child a daughter who was born on November 7, 2018.
His sons are named Zaire Blessing Dwyane Wade, Xavier Zechariah Wade, and Zion Malachi Airamis Wade. His daughter is named Kaavia James Union Wade.