Hussain Sajwani: Billionaire entrepreneur and philanthropist

Mr. Hussain Sajwani is a United Arab Emirates national born in 1954. Hussain is a man with very humble beginnings. Hussain’s father owned a shop but did a side hustle where he worked on the real estate. Although his father wanted him to join the family business, Hussain had a different path in mind. He wanted to pursue his studies to have a professional career. He obtained a scholarship from the government which enabled him to go abroad and studies in the United States. He attended the University of Washington where he received his Bachelor’s degree in Industrial Engineering and Economics.

Hussain Sajwani established DAMAC Properties under the DAMAC Group in 2002. This was after an outstanding career which began in 1981 in the food catering industry. He got huge clients such as the U.S Military and Bechtel. He also spent a bit of time as Contracts manager in the Abu Dhabi National Gas and Oil Company. Sajwani launched the company anticipating the change that would take place in the Arabian real estate market after a change in government policy that allowed foreigners to own property in Dubai. It has grown to become one of the largest property managers in all of the Middle East. Hussain Sajwani’s experience in the management of properties and legal and financial implications of the real estate market is one of the leading drivers of the company’s success.

Hussain Sajwani owner of DAMAC properties took the company public in the Dubai Financial Market in 2015. The company which has grown to over 2,000 employees has created a name for itself by being trendsetters in the luxury properties development market. It has partnered with many renowned organizations to bring impeccable projects to life. Notably, it associated with the Trump Organization to construct a beautiful golf course which was designed by Tiger Woods.

The exponential growth of the company can be attributed to the vision and entrepreneurial expertise of the owner Hussain Sajwani. He has provided clear leadership which encourages growth and innovation to flourish. His success can be estimated by the fact that it is the first Arabian real estate company to be publicly traded on the London Stock Exchange as from 2013. Hussain Sajwani is also a serial philanthropist by nature. He is a big supporter of charities which cater for education and has supported over 50,000 children.

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