Hussain Sajwani and DAMAC Owner is a billionaire real estate developer from the United Arab Emirates. He is the chairman and founder of a real estate development company known as DAMAC Properties. His company was ranked as the best real estate company by the Forbes 2017 magazine. Having studied at the University of Washington Sajwani began his career in1981 where he worked in the finance department of a gas industry in Abu Dhabi. In 1983, the billionaire founded a catering venture. His customers were all and sundry including Bechtel and the U.S. military. Hussain Sajwani’s breakthrough came in 2002 when he established DAMAC Properties which is the largest property development company in the Middle East.
Since its establishment, the company has developed about 19000 apartments. The real estate company also has 44000 projects which are still in development. DAMAC Properties was publicly listed in 2015 and it began trading in the Dubai Financial Market. Hussain Sajwani DAMAC Owner developments include some prestigious apartments which have interiors done by Italian designers Versace and Fendi, a golf course which has been designed by Tiger Woods, extravagant villas designed by Bugatti. The company has also partnered by Paramount Pictures to come up with Hotels and Resorts.
Hussain Sajwani and DAMAC Owner has a close relationship with Donald Trump who is also a real estate titan. Donald Trump has a real estate company known as the Trump Organization. He is looking forward to establishing a business relationship with Trump’s real estate company. The two billionaires celebrated New Year’s Eve together and they have already established luxury villas which are estimated to be about 2 billion dollars in sales. Hussain Sajwani has deep ties with Trump’s family including his three children who are greatly involved with the business partnerships between Trump and Sajwani.
Hussain Sajwani is an active philanthropist; he has contributed to many charitable organizations and launched an initiative in Dubai to support needy children across the globe. He wrote a cheque of two million emirate dollars which was enough to provide enough food and clothing for over 50000 children.
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