Hussain Sajwani was born between 1952 and the year 1953. He is a wealthy person whose line of business involves property development. Hussain Sajwani also is the founder of DAMAC company that deals with real estate development, besides being the founder Sajwani is the chairman of the company.
Every year Forbes ranks companies from all over the world on the basis of the annual revenue growth and in the year 2017 DAMAC company emerged as the best in the list comprising of 2000 global companies.
In the year 2018 Hussain Sajwani has a worth of around $4 billion and in Forbes 2018 ranking he was the fourth richest Arab.
Hussain Sajwani is a son of an entrepreneur. His father owned a shop that sold watches, parker pens, shirts and imports from China. He was privileged to get a chance to get a government scholarship to the US to parsue his dream caree
Sajwani first career was working in a gas industry where he worked from the year 1981. After two years in the company, he came up and implemented a catering venture idea called Global Logistics Services where he was able to get customers all over including Bechtel and the US army. The venture has been able to grow and is operational even today.
In the year 2002, Hussain Sajwani founded DAMAC properties one of the largest companies in the Middle East that deals with the development of the property. Since the company was established it has been able to develop over 19000 apartments and over 44000 in the stages of development. Later on in the year, 2015 DAMAC Properties was listed in the Dubai Financial Market.
DAMAC Properties has been able to develop one of the biggest projects in the world such as golf course currently managed by Trump Organization, Paramount Hotels and Resort, Versace and Fendi interiors among other major projects.
Being listed among the top 100 influential Arab in the 2017 , Sajwani was able to invest 600 million Euros in London through an Aykon London One Tower which is branded by Versace.
Hussain Sajwani –DAMAC Foundation funded Dubai Future Foundation which was geared at providing training to millions of young people on developing software
Sajwani has married and has four children one being Ali Sajwani who was nominated in the Arabian Business Achievement award in 2017.
Ranked 15TH ON Hotelier Power 50
Property CEO of the year – Middle East award 2017
Real Estate Legend – Arabian Business Real Estate Award