Real Estate Trend

Meet Hussain Sajwani: The Kind Billionaire

Dubai and the Middle East can boast of having sired a successful entrepreneur. Hussain Sajwani is an Emirati national who has made the city grizzle and the desired destination to many across the world. The Washington University graduate of Economics was born in an enterprising family that inspired him to venture into business at an early age. After Hussain Sajwani had worked with GASCO and Abu Dhabi National Oil for a few years, he called off employed to start his ventures. It is after quitting employment that he started his first business in 1982.The food service firm grew to attract clients such as Bechtel and the U.S military.

 

In the year 2002, Hussain Sajwani was keen scoop an opportunity that arose. He founded DAMAC Properties on that year in response to the government decree allowing foreigners to own property in Dubai and the Middle East. With the influx of populations in Dubai as a result of trade activities, Hussain Sajwani was keen to use DAMAC Properties as a channel to provide housing to the visitors. DAMAC Properties, which majors on the development of residential, commercial and luxury properties as well as engaging in real estate has its headquarters based in Dubai. DAMAC Properties currently has over 2000 employees and has hence made its CEO, founder and chairman a renowned wealthy investor valued at $4.2 billion as per Forbes.

 

Hussain Sajwani, the DAMAC Properties owner, is a close friend of the current president of the United States of America, Donald Trump. Hussain Sajwani family was recognised by Trump during the new year eve celebrations with Trump refereeing to the as beautiful people. The two families have also partnered in making two Trump branded gold courses. The Trump International Golf Course was completed and opened in February this year while the Trump World Golf Course is in progress and is slated to be opened late next year.

 

The Damac owner has gained recognition as one of the top 100 most influential Arabs in the globe. His desire to support the youth and acts of charity is amazing. He generously gives out to programs designed to benefit the needy children in the society. Hussain Sajwani is thus an inspirational figure to the whole world.