HUSSAIN SAJWANI – THE BILLIONAIRE REAL ESTATE DEVELOPER
Never despise your small beginning. This common saying has been proved right by the multi-billionaire Hussain Sajwani who is the fourth richest Arab in the Forbes 2018 rankings. Hussain graduated from the University of Washington where he studied industrial engineering and economics. He is married with four kids. Having started off in catering business Hussain Sajwani is currently the founder and manager of DAMAC Properties based in Dubai. Founded in 2002, DAMAC Properties is the biggest real estate developer in the Middle East. DAMAC Properties deals with property developments, luxury apartments, golf projects, marketing stunts, paramount hotels and resorts among others.
Hussain Sajwani has worked with influential people including the US president Donald Trump. The two have been seen to be having a good relationship as they have had several deals amongst them the Trump International Golf Course, the top golf course in the world. DAMAC is responsible for all the developments in the Golf Course.
DAMAC owner, Hussain Sajwani is also a strong believer in giving back to the society. He is indeed a philanthropist as illustrated by the various philanthropic acts he has engaged in. In 2017, Hussain Sajwani-DAMAC Foundation funded one million Arabs who were sponsored to undergo software development training. In another instance, Hussain Sajwani gave a two million worth cheque to buy clothes for needy children. This indeed shows how he values the young people as he clearly admitted that they are the future leaders of the society in one of the many interviews he has had.
Good work neither goes unrecognized nor unrewarded. Hussain Sajwani has received several awards due to his extemporary performance in the industry and the Middle East at large. He was awarded the Real Estate Legend by the Arabian Business Real Estate Awards, Property CEO of the year by the Middle East Awards and position fifteen on Hotelier Power 50 by the CEO Middle East Awards 2012. Hussain Sajwani has indeed done a lot that has been credited.
For Hussain Sajwani the sky has always been the limit. Despite getting millions from the catering business, he wanted billions, and that is what drove him towards coming up with DAMAC properties.