Born in the United Arab Emirates, Hussain Sajwani has grown to become one of the worlds wealthiest Arab Billionaires. Founder and Chairman of DAMAC Properties, a development firm based out of Dubai, it is one of many success he has experienced as a result of his humble beginnings.
From watching his father run a shop selling watches, Parker Pens and other goods imported from China, Hussain Sajwani defied odds by being one of few students granted a government-sponsored scholarship. He soon set off for the United States where he graduated from the University of Washington with a Bachelor’s Degree in Industrial Design and Economics.
From there he started his career in 1981 at the Abu Dhabi National Oil Company within their Finance Department. Less than two years later he left the company to start his own. Today, his catering company is a world leader, serving more than 150,000 meals a day across three regions of the world. Some of the customers they serve include soldiers, students, and guests at many five-star hotels.
Soon after Hussain Sajwani’s success with his catering business, he went on to invest in the construction of several hotels in the UAE. As a result of a sudden rise in growth with industry and trade, in 2002 he established DAMAC Properties. With an eye for investment, Hussain Sajwani stood to grow his empire into what it is today.
With his experience and expertise gained over the years, Hussain Sajwani was able to grow DAMAC into a leading UAE property development firm successfully going public in 2015. More currently, he is laying the groundwork for the completion of a luxury golf course designed by Tiger Woods, which will also see management overseen by the Trump Organization.
Due to an expanding industry, DAMAC has been closing in on meeting a supply and demand equilibrium, with plans to expand further into Europe and the United States.
From his humble beginnings, Hussain Sajwani has experienced unparalleled success in investment and development. Last year, he was awarded Property CEO of the Year and ranked number 15 on the Hotelier Power 50 list by the CEO Middle East Awards 2017.