Rasheed Wallace Net Worth (Updated 2025).

Rasheed Wallace, born on September 17, 1974, in Philadelphia, Pennsylvania, began his basketball journey at Supperter High School. He quickly made a name for himself, earning a scholarship to the University of North Carolina at Chapel Hill. In his sophomore year, Wallace declared for the NBA draft, skipping his final two years of college.

In the 1994 NBA draft, the Washington Bullets selected Wallace with the fourth overall pick. His professional career took off, and he became famous for his powerful dunks, tenacious defense, and signature scowl. Wallace’s unique style of play and charismatic personality made him a fan favorite, earning him the nickname “Sheed.”

Rasheed Wallace’s Current Net Worth (2025)

As of 2025, Rasheed Wallace’s current net worth is estimated to be around $60 million. This significant figure is a testament to his successful NBA career and various business ventures.

Career

Rasheed Wallace, born on September 17, 1974, is a retired American professional basketball player. He played in the NBA for 16 seasons, from 1994 to 2010. Wallace was known for his powerful dunks and tenacious defense. He won the NBA Championship with the Detroit Pistons in 2004 and was an All-Star in 2006. His career earnings from the NBA are estimated to be over $100 million.

Other Ventures

After retiring from basketball, Wallace ventured into coaching. He was an assistant coach for the Detroit Pistons from 2013 to 2014. He also owns a car wash business in his hometown of Philadelphia. Additionally, he has invested in real estate, contributing to his growing net worth.

Assets

Wallace’s assets include several properties across the United States. He owns a luxurious mansion in Detroit, Michigan, valued at around $2 million. He also has properties in his hometown of Philadelphia and in Los Angeles, California. His car collection includes high-end vehicles like a Rolls-Royce Ghost and a Bentley Continental GT.

Annual Income

While Wallace’s annual income varies, a significant portion comes from his NBA pension and investments. His car wash business also contributes to his annual earnings. As of 2025, his estimated annual income is around $5 million, including his pension, business earnings, and investments.

Frequently Asked Questions about  Rasheed Wallace

Frequently Asked Questions: Rasheed Wallace Net Worth

1. What is Rasheed Wallace’s net worth?

Rasheed Wallace’s net worth is estimated to be around $60 million.

2. How old is Rasheed Wallace?

Rasheed Wallace was born on September 17, 1974, making him 47 years old.

3. Where was Rasheed Wallace born?

Rasheed Wallace was born in Philadelphia, Pennsylvania.

4. What is Rasheed Wallace’s height?

Rasheed Wallace is 6 feet 11 inches (2.11 meters) tall.

5. What position did Rasheed Wallace play?

Rasheed Wallace primarily played the power forward position during his NBA career.

6. Which teams did Rasheed Wallace play for in the NBA?

Rasheed Wallace played for the Washington Bullets, Portland Trail Blazers, Atlanta Hawks, Detroit Pistons, Boston Celtics, and New York Knicks during his NBA career.

7. When was Rasheed Wallace’s NBA debut?

Rasheed Wallace made his NBA debut on November 3, 1994, with the Washington Bullets.

8. What is Rasheed Wallace’s career scoring average?

Rasheed Wallace’s career scoring average in the NBA was 14.5 points per game.

9. Did Rasheed Wallace win any NBA championships?

Yes, Rasheed Wallace won the NBA championship with the Detroit Pistons in the 2003-04 season.

10. What is Rasheed Wallace doing now?

After retiring from the NBA, Rasheed Wallace has been involved in coaching and player development. He currently serves as an assistant coach for the Detroit Pistons.