Hussain Sajwani is a prominent real estate developer and a philanthropist. According to Forbes, the University of Washington graduate has a real time net worth of $3.8 billion. Hussain Sajwani began his career after graduating from college in 1982. He worked as a contract manager at GASCO Oil Company. Within a short time, he established a catering business.
Hussain Sajwani’s entrepreneurship career began in 2002 when Dubai government allowed foreigners to own property in the emirate. He immediately purchased undeveloped land, and within six months he had sold units in his 38- story building. This marked the birth of DAMAC Properties, a leading real estate development firm. Since then, the desert real estate titan has polished the image of Dubai to become one of the magnificent destinations.
Relationship with Donald Trump
Hussain Sajwani is committed to strengthening his business ties with Donald Trump’s real estate company, the Trump Organization. The two real estate moguls celebrated New Year’s Eve together as a show of their healthy business relationship. The duo has already collaborated in the development of Trump International Golf Club.
Hussain Sajwani believes that their business dealings will continue even after Trump’s election. Hussain Sajwani family enjoys a cordial relationship with Trumps daughter Ivanka and sons Donald Jr and Eric. With this healthy relationship, Hussein Sajwani believes that their business dealings would continue beyond the president. According to Sajwani, Trump’s sons and daughter have represented their family brand to wealthy investors in Asia, Canada, South America and Turkey, and thus they are capable of their father’s business.
DAMAC owner, Hussain Sajwani has been involved in several philanthropic activities. Years back he donated AED two million to a campaign aimed at clothing a million impoverished children around the world. Sajwani believes that the youth are the future of society and therefore, they should be provided with the right environment. Moreover, he has also been supporting His Highness Sheikh Mohammed in his efforts to improve the lives of disadvantaged people, especially during the Ramadan.
About DAMAC Properties
DAMAC is a UAE based company that specializes in luxurious property development, engineering, architecture, and construction. Recently, the firm was also involved in the development of one of the most enchanting golf courses, the Donald Trump Golf Course. DAMAC was founded in 2002 and has its headquarters in Dubai. Today, DAMAC has completed several spectacular commercial and residential projects in Qatar, Saudi Arabia, the United Kingdom, Jordan, Dubai, Abu Dhabi and Lebanon.