Hussain Sajwani was born in 1956, in Dubai, United Emirates. According to Forbes Magazine, his current net worth is $3.5 billion USD. Which makes him the 527th richest person in the world and, the third wealthiest person in the UAE. Sajwani holds a degree in economics and industrial engineer from the University of Washington. He began Draieh Management Services Co LLC, in 1982, which was his first business venture. Today, the company is known as DAMAC Group.
In 1998 Sajwani opened Al-Anwar Ceramic Tile Company. At that time it was the only exclusive manufacturer in the country. Then in 2002, he founded DAMAC properties. Their main office is in Dubai, with other locations in Jordan, Lebanon, North Africa, Qatar and Saudia Arabia. The company’s focuses on providing their customers with everything they can imagine, when it comes luxury real estate. From start to finish.
DAMAC uses the best building materials while providing the ideal location while they work with the best in the industry. These properties are known to be the most outstanding pieces of real estate in the middle east.
Philanthropist Sajwani who rose from humble beginnings and, the DAMAC properties support numerous charities. One especially is helping children globally, who are not as fortunate. The donations are used to keep fifty thousand children warm and clothed. Sajwani knows that children are the future, so that’s why he wants to give them the best possible start. DAMAC and the humanitarian group Emirates Red Cresent began this project in 1983. To date roughly $120 million AED was raised.
United States President, Donald Trump is not only a friend of Hussain Sajwani but, a business partner as well. The people in the middle east seemed to be excited with this collaboration as well. There were reports that some people in Pakistan are overjoyed by this too. When Trump won the election, Sajwani announced to NBC News that it was good news for his company. He is hoping to continue his business ventures with the Trumps, which include all of his children. He looks forward to growth and expansion.
With the Trump International Golf Club, which is scheduled to open in Dubai around February 2017. Sajwani can only see great things happening, as he looks forward to a long lasting friendship with the 45th President of the United States.