Few men are as wealthy or as well known in the Middle East as DAMAC Owner Hussain Sajwani of the United Arab Emirates. Unlike many other billionaires living today, Hussain Sajwani did not inherit his tremendous wealth, he worked for it. His interest in business developed and cultivated from a exceedingly young age by his father who was, in his own right, a successful, if small time businessman who ran his own shop. After leaving for school, Sajwani began work for a oil company and from there, went on to develop his own catering company utilized the skills he had garnered from both the academy and his father’s shop. The catering venture was a stellar success, so much so that it still exists today under the moniker of Global Logistics Services.
Despite all of this early financial and professional success, Hussain Sajwani did not really come to prominence as a household name in the Middle East until long after the establishment of the company for which he is best known today, DAMAC Properties. DAMAC Properties was established by Sajwani in 2002 and grew exceedingly swiftly due to it’s propriters utilization of the house market shake-ups which the Middle East was currently undergoing that brought a large numbers of foreigners into Dubai. In catering specifically to those individuals who came into Dubai seeking property, either for personal reasons or business related ones, Sajwani was able to catapult DAMAC to phenomenal success, so much so that in 2015, DAMAC Properties grew to be come one of the single largest and best known real estate companies in the whole of the Middle East. Since its creation, DAMAC Properties has cultivated nearly 20,000 pieces of property and currently holds nearly 45,000 pieces of property in various modes of development.
Two of Sajwani’s best known celebrity connections were born out of business ventures undergone through DAMAC Properties, those being, his relationship with the golfing sensation, Tiger Woods and with the real estate mogul, reality television star and President of the United States of America, Donald J. Trump. Donald Trump and Sajwani’s friendship and business relations became a topic of great interest to celeb magazines, blogs, blurbs and news outlets in the west both during and after the 2016 presidential elections but did not at all interfere in their relationship as they are both firm friends to this very day.
Connect with Hussain Sajwani on LinkedIn.