Hussain Sajwani is at the heart of property development in Dubai. The billionaire is the chairman and founder of DAMAC properties which has its investments in many countries. The 62-year-old was worth the US $2.9 billion by June 2018 making him one the top richest business person in the world.
He studied in The University of Washington and later joined GASCO as a contract manager. It is at GASCO that he gained managerial experience and developed an interest in the property market. The zeal for business led him to quit. He went ahead and established DAMAC in 1976. That was the beginning of his overflowing business ideas meeting the road.
The billionaire has centred his business on residential, leisure and property market. In the early 90s when Dubai began to enjoy traffic of traders from other countries, Hussain Sajwani flung into action in property expansion. He was among the very first people to engage in the development of residential and leisure facilities in Dubai.
DAMAC has not stood out to be a lone ranger, the company through its leadership, has collaborated with other stakeholders into other business and nonprofit making foundations to add life into social amenities. DAMAC Owner Hussain Sajwani extends this philanthropic gesture to the community.
For instance, he has given a hand in the Tiger Woods golf course which will be under the management of Donald Trump foundation. He has also reached out to the fashion and design companies to recreate the brand on the market by scaling up the fashion approaches.
The One Million Arab Coders Initiative recognizes Hussain Sajwani for his strong support towards young people into potential and active business persons who will support the future of the economy and investments. The initiative has so far enrolled over 250,000 youths.
The President Of The United States of America, Donald Tramp has been sighted to express kind gestures to the billionaire. In the recent news, the two share good business relations. DAMAC built the Trump international course which the President Of The US is happy with.
DAMAC headquarters is in Dubai, and significant operations in Dubai and the Middle East countries. Hussain Sajwani has put a lot of concentration on the real estate development; residential, luxury, and property development.
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