Born in 1953, Hussain Sajwani is currently the chairman of DAMAC Properties. He has an estimated net worth of $3.7 billion. How did he exactly get to where he is right now?
Education And Career Life
Hussain Sajwani started off by graduating from the University of Washington. After graduation, he found a job at GASCO which was a subsidiary of Abu Dhabi National Oil Company.
After working for some time, he decided to venture out and become an entrepreneur. His motivation was from his father who was a businessman and used to import stuff from China. Hussain Sajwani formed his own catering company where he would provide his services to the US Army, Bechtel, among other businesses.
Hussain’s business ventures were not only catering but also, property development. He found a gap in the real estate industry and decided to fill it. That is when he founded DAMAC Properties which is involved in leisure, residential and commercial properties in the Middle East. With its headquarters in Dubai, the company has grown to be one of the largest property development companies in the Middle East.
Being such an influential businessman, Hussain Sajwani has had powerful ties with people such as with Donald Trump. They launched the Trump International Golf Course Dubai in February 2017. In 2018, they plan to open the Trump World Golf Course which was designed by Tiger Woods. It is quite clear that their business ties have been strong for a long time.
Hussain Sajwani has had the necessary experience over the years to run a company. This is why, as the head of DAMAC, the company has continued to flourish. The company has developed properties in cities like London, Dubai, Doha, and Amman. The firm has also employed about 2000 people. In record is over 44,000 units already developed by the company since it was founded.
DAMAC is currently publicly listed in the Dubai Financial Market. For every able person financially, it is essential always to give back to the community. This ensures that you help other deserving people. The businessman has been involved in contributing towards a campaign to clothe needy children and improving their overall living standards. Learn more: http://gulfnews.com/culture/people/high-riser-1.25193