Hussain Sajwani is an Emirati billionaire born in the early 1950s. He is the founder and the CEO of the property development company DAMAC Properties. He is a top billionaire and one of the richest Arabs.
Hussain Sajwani had a good start in life and a good example. His father was an entrepreneurial man running his own shop in which he sold imported Chinese goods. Because of his father’s business, Hussain Sajwani had the opportunity to get a government scholarship in the United States where he earned his bachelor’s degree from the Univerity of Washington in Industrial Engineering and Economics.
Sajwani’s career began in 1981 with the Abu Dhabi Gas Industries. In 1983, he started a catering venture called Global Logistic Services with big clients, including the U.S. military. In 2002, Sajwani founded DAMAC Properties, one of the largest real estate companies in the Arabic countries. The DAMAC owner, Sajwani, saw non-Emiratis as main customers and used the chance to sell apartments to them. The first building he constructed was a 38-story apartment complex. In less than six months before construction, he sold all the units of the future building. Since then, his business has skyrocketed and shaped the Dubai skyline as a jewel of the Middle East.
In 2013, Hussain Sajwani started working with Donald Trump. In collaboration, they developed the two Trump golf Courses in Dubai. The Internation Golf Course opened up in 2017 as well as the Trump World Golf Course, designed by Tiger Woods. The Sajwani family are good family friends to the Trumps and have been guests at the Trump’s Mar-a-Lago Estate.
The DAMAC Properties company has created numerous living and commercial projects throughout Dubai, Abu Dhabi, Saudi Arabia, and Qatar. DAMAC has built two developments in Dubai with 100 million square feet property in between them. DAMAC Hills is its biggest project located in Dubailand. It is a 42-million-square feet complex of mansions, villas, homes, and apartments. DAMAC also has five hospitality properties with two more to open up in the near future.
Among the many philanthropy initiatives, Hussain Sajwani has provided support to children who lack clothing. He gave two million dollars to the AED, which is enough money to clothe 50,000 children.
Connect with Hussain Sajwani on twitter.