Dubai’s self-made billionaire, Hussain Sajwani, has become one of the world’s richest Arabs according to Forbes. Born in the emirate, Hussain Sajwani had founded one of the most successful luxury real estate developers in the whole Middle East, DAMAC Properties.
The DAMAC owner currently serves as its chief executive officer and chairman, his son Ali Sajwani works as the company’s general manager of operations. Hussian Sajwani moved in on the perfect opportunity when the Dubai government finally allowed foreigners to own property there.
The real estate development mogul’s first residential project was an instant success and all of its units were sold out months before the building’s construction even began.
The DAMAC owner was born in the 50’s and was raised in a middle-class in Dubai, United Arab Emirates. He became well-trusted business partner and friend to Donald Trump before his presidency. In 2013, DAMAC Properties and Trump collaborated on several world-class golf courses in Dubai.
At the inauguration of Donald Trump’s first Dubai-based golf course, the Trump International Golf Club, his two eldest sons Eric and Donald Jr. proudly attended.
In April 2018, Hussain Sajwani’s daughter Amira, who serves as the chief financial officer at DAMAC, had married Dubai’s Crown Prince Sheikh Hamdan. Both of President Trump’s eldest sons as well as Lara Trump were present for the ceremonious event that took place in Dubai. Learn more about Hussain Sajwani: http://www.thenational.ae/business/industry-insights/property/damac-chairman-relishes-his-roots and http://www.forbes.com/sites/kerryadolan/2016/03/01/the-donald-of-dubai-hussain-sajwani-interview/#1b049a722f15
Before the establishment of his real estate development company, Hussain Sajwani used to work in the finance department at Abu Dhabi Gas Industries, now known as ADNOC Gas Processing, in 1981. He also took interest in the catering industry and launched his first entrepreneurial venture that is currently named, Global Logistics Services.
The catering business served the United States military, hospitality industry and construction campsites for large companies.
DAMAC Properties has worked with luxury brands besides Trump’s such as Bugatti, Fendi and Versace.