Isaac Olowolafe, Jr., is only 27 years old but he has already distinguished himself in the business and philanthropic world. The winner of this year’s Harry Jerome Award in the Business category, Olowolafe is President of Dream Maker Realty (DMR), a real estate firm he partners with his father Isaac, Sr. DMR was established about eight years ago and has $50 million of real estate under management. The firm has 10 licensed agents and 45 consultants globally offering assistance in buying and selling real estate and wealth creation. He is also President and CEO of Dream Fund Holdings, a company that issues real estate investment opportunities in the form of debentures.
Olowolafe founded the non-profit “Build Your Wealth” with the goal of transforming 100,000 lives in low-income communities by building $9.2 billion in generational wealth through education, mentorship and investment access. Partners in the organization include the African Canadian Social Development Council, the University of Toronto, Toronto Housing Community and several churches.
Olowolafe was born in Ibadan, Nigeria and came to Canada at the age of four. He grew up in northwest Toronto but moved to Woodbridge where he attended high school. He is a graduate of the University of Toronto’s Bachelor Economics program. He has established the Dream Maker Realty/Olowolafe Family Scholarship at his alma mater and is the youngest individual and the first Nigerian from a Canadian University to have an award named in his honor.
He has pledged $25,000 to establish the endowment fund and this amount will be matched by an equivalent grant from the Ontario Trust for Students Support, a program of the Ontario government. The award will be given annually to a Canadian student residing in Ontario. Preference will be given to students pursuing a major or specialist program in African Studies. The value of the award will be based on investment income from the total amount of $50,000.