Hussain Sajwani is a real estate mogul and currently the 4th richest Arab according to Forbes Magazine with a net worth of over $4.1 billion putting him at number 527 on Forbes Billionaires list. He is the founder, chairman and owner of DAMAC Properties, which is one of the largest real estate development companies in the Emirates.
Hussain Sajwani began his career in the catering and food services business. His main customers were the United States Military and the American owned construction company Bechtel. His passion and entrepreneurial instinct however led him to begin his own real estate company DAMAC. In 2002 he began his new adventure just after Dubai started to allow foreignershttps://www.damacproperties.com/ar/about-damac/csr/hussain-sajwani-damac-foundation
to own property in Dubai. This influx of foreign investment led to a financial and real estate boom, which propelled Hussain Sajwani’s business to incredible heights.
In 2013, according to Watanserb, the DAMAC owner teamed up with now United States President Donald Trump to develop two Trump branded developments and gulf courses. The second gulf course is designed by the gulf legend Tiger Woods himself. The DAMAC owner is known for his extravagant taste and generous deals. On one occasion he and his marketing team set up a promotion in which apartments buyers would get free Lamborghinis as a bonus. He has partnered with major fashion designers to decorate and improve his real estate developments such as, Versace and Bugatti.
The DAMAC owner earned his Bachelors of Arts from the University of Washington on a scholarship by the government of the Emirates. His talent and visible skill in the business world enabled him to succeed wherever he went. His DAMAC Group and its subsidiaries DAMAC Hotels and Resorts and DAMAC International have made over $2 billion in revenues last year alone.
Hussain Sajwani comes from a business minded family, as per arabi21.com, but not one of great prestige or wealth. His father was a small business owner selling imported goods from China. After Sajwani earned his degree from the University of Washington he joined the finance department at Abu Dhabi Gas Industries and soon after started his successful catering company, which goes by the name of Global Logistics. Whatever business venture Hussain Sajwani (@HussainSajwaniOfficial) pursued became a grand success.
Sajwani’s official website: https://hussainsajwani.com/ar/business-portfolio/