Hussein is one of the most successful real estate developer individuals in the United Arab Emirates. He is a self-made billionaire and brushing shoulders with high and mighty around the world. Despite starting small, DAMAC gives the competitors sleepless nights because of its influence in the real estate market.
Mr. Sajwani saw the face of the earth 63 years ago. He is the founder and chairman of the DAMAC properties. The firm is based in Dubai in the United Arab Emirates where their main administrative offices can be found. Hussein is very passionate about family. He is a married man with four kids residing in Dubai.
Hussein is a graduate of Economics from the University of Washington. After completing his undergraduate degree, he secured employment with one of the branches of Abu Dhabi National Oil Company. He worked there for some time before venturing in entrepreneurship. He registered his business as Draieh Management Services Company that grew up to become the current DAMAC Group. Besides, Mr. Sajwani later established other firms that include DICO invest, Al Jazeira Services, and Al Anwar Ceramic Tiles among others.
Hussein Sajwani has a heart of gold since he is concerned about the less privileged individual in the society. He has signed and handed over several checks on behalf of DAMAC Group to various humanitarian foundations. For instance, in 2013, Hussein donated to AED two million to help clothe needy children across the world. DAMAC donated this amount as a way of supporting the government in its campaign to enhance the quality of life globally.
Additionally, Hussein is a close friend of the just inaugurated US President Donald Trump. After Trump emerged the winner in the presidential elections, he invited his fellow billionaire Hussein and his family to his new-year celebrations. The tycoon was also on the top list of guests invited to witness Trump’s inauguration as the 45th president of the US. Notably, the warm relationship between the two tycoons is based on doing business together in the past.
Mr. Sajwani continues to apply his expertise in real estate to ensure DAMAC Group remains on top. Consequently, his name will continue to feature in the Forbes Magazines among others courtesy of his success.