Hasbulla Magomedov: A Deep Dive Into His Net Worth & NFT Collection

Meet Hasbulla Magomedov, the interesting internet sensation behind the unique Hasbulla NFT collection.

Hasbulla UFC
Image: Zuffa LLC

Hasbulla Magomedov emerged as an internet phenomenon from the Republic of Dagestan, a region in southeastern Russia, famed for its close proximity to Azerbaijan and Georgia. His ascent to social media fame started in late 2020, primarily through his engaging posts on Instagram. These endeavors catapulted him into the limelight, amassing a following of more than 8 million on Instagram alone. His charm and charisma did not go unnoticed on other platforms either, as seen by his viral success on TikTok in 2021, further solidifying his status as a social media sensation.

Dagestan, Hasbulla's homeland, is not only known for its picturesque landscapes and rich cultural heritage but also as the cradle of numerous combat sports champions, most notably Khabib Nurmagomedov, the esteemed UFC lightweight champion. The ties between Hasbulla and Khabib run deep, marked by a close friendship that has captured the imagination of fans worldwide. This connection, coupled with Hasbulla's playful re-enactment of Khabib’s iconic UFC 229 weigh-in, earned him the affectionate moniker "Mini Khabib."

Early Life and Career

Hasbulla Magomedov, affectionately known as Hasbik, hails from the Republic of Dagestan and was born on July 7, 2002. His father's profession as a plumber laid the foundation of a humble upbringing within a household that adhered to the Muslim faith and embraced their Dargin ethnicity. Despite facing challenges during his school years, which he likened to being in "prison," Hasbulla found solace and a sense of purpose beyond the conventional educational system.

After leaving school, Hasbulla ventured into the world of social media, where he began creating and sharing videos that quickly captured the hearts and attention of viewers around the world. This transition was a pivotal moment in his life, allowing him to leave behind the constraints of his previous experiences and step into a realm where he could freely express his vibrant personality. His content, which often includes playful takes on mixed martial arts (MMA) and humorous interactions with others, resonated with a wide audience, propelling him to internet stardom. His engaging presence on platforms like Instagram and TikTok has garnered him a following of more than eight and a half million fans since November of 2020.

A defining moment in Hasbulla's journey to fame was his emulation of Khabib Nurmagomedov's iconic weigh-in, earning him the nickname "Mini Khabib." This not only highlighted his creative talent but also emphasized his connection with Khabib, leading to collaborations that further boosted his popularity.

Hasbulla Magomedov’s Condition

Hasbulla Magomedov was born with Growth Hormone Deficiency (GHD), a condition often mistakenly referred to by many as "Hasbulla’s disease." This condition affects Hasbulla's physical stature, leading to a common misconception about his age. Despite his youthful appearance, Hasbulla is an adult, born in 2002.

GHD is characterized by a deficiency in growth hormones, which significantly influences an individual's height and physical development. This condition is not unique to Hasbulla, as it has also been identified in other well known sports figures, including the famed footballer Lionel Messi. Messi was diagnosed with GHD at 11 and underwent treatment involving human growth hormone injections, a common approach for managing this condition. Although not officially confirmed, it is speculated that Messi stopped this treatment in adulthood due to the restrictions on human growth hormones in professional sports.

Standing at just 3 feet 3 inches (approximately 1 meter) tall, Hasbulla's stature, combined with his condition, fuels the frequent misperception that he is a child. Despite these challenges, he has not let GHD define him or limit his aspirations. Hasbulla's spirited personality and creative content have propelled him to internet stardom, transcending the physical limitations imposed by his condition.

What is Hasbulla's Net Worth?

Although the influencer has never disclosed his fortunes, various sources estimate Hasbulla's net worth to stand between $200,000 and $2 million. Like many influencers, Hasbulla earns a sizable part of his income from sponsorship and advertising deals, which are probably quite lucrative given his follower count.

Another income stream for Hasbulla Magomedov comes from merchandise sales and UFC collectibles — as an officially signed UFC contractor, the influencer has issued his line of memorabilia for MMA fans, which includes, among other things, signed gloves, a signed replica desktop belt, and signed photos with Khabib Nurmagomedov.

Hasbulla has also tapped into the crypto space, issuing his own NFT collection.

Hasbulla NFT Collection

The Hasbulla NFT collection comprises 10,000 unique, hand-drawn artworks representing the internet sensation Hasbulla Magomedov. These digital assets are hosted on the Ethereum blockchain, with their release staggered across different phases to maintain collector interest. Back in 2022, the average price for one of these NFTs stood at around $419, with a community of 1,017 Crypto Hasbulla owners holding a total of 1,998 tokens.

The collection's uniqueness and appeal stem from Hasbulla's very distinctive persona, characterized by his appearance, voice, and stature, which is the result of a rare condition making him resemble a child despite being an adult.

The popularity of Hasbulla NFTs is significantly boosted by several factors beyond the rarity and uniqueness of the artworks. For instance, the curator has offered personalized videos to those purchasing two or more NFTs, adding a personal touch to the acquisition. Furthermore, promises from Magomedov himself, including opportunities for collectors to meet him in person and experience his humor firsthand, enhance the allure of these NFTs. Additionally, owners gain exclusive access to a dedicated Discord channel, connecting them with a network of athletes, entertainers, and celebrities globally.

Expanding on the digital experience, Hasbulla is developing a metaverse for NFT owners, promising an array of benefits and immersive experiences. This initiative aims to deepen the connection between Hasbulla and his fans, leveraging the latest in digital technology to create a community and interactive opportunities. The collection is available on OpenSea, the world’s leading secondary marketplace for NFTs.

Other Investments

Hasbulla Magomedov also garners attention with his exquisite taste in luxury watches, particularly from the esteemed Rolex brand. A notable piece in his collection is the $7,500 Rolex Oyster Perpetual Datejust, featuring a 31mm case with a Roman dark grey dial and an oyster bracelet. This selection not only highlights Hasbulla's sophisticated style but also his discerning eye for quality and luxury, marking him as a connoisseur in the world of opulent wristwatches.

The allure of luxury watches, such as those from Rolex, has surged among the world's elite, with investors recognizing their enduring value. The demand for these timepieces is evident in their dominant presence on luxury watch marketplaces like Chrono24, where Rolex searches constitute about 25% of all inquiries, and pre-owned models represent a significant portion of sales. This trend points towards a robust pre-owned luxury watch market, projected to reach an impressive $29 billion by 2025, offering enthusiasts like Hasbulla ample opportunities to enhance their collections with these timeless investments.

Beyond his passion for luxury watches and NFTs, Hasbulla has shown a keen interest in classic cars, as seen from his social media posts. Though it is still not clear which, if any, of these vehicles he actually owns, his appreciation for fine automobiles aligns with his overall taste for the finer things in life.