Hussain Sajwani: A Life of Dedication and Hard Work

Hussain Sajwani is a well respected businessman who, through his own hard work and dedication, earned every bit of the billion dollar fortune he now sits on. At the age of only 3 years old Hussain began working for his father at his father’s watch and pen store. It was there that he learned about the hardships that a businessman deals with and began to form his ideas about what he wanted for his own life. While his father had hoped that he would join him in the family business, Hussain discovered that he wanted to be an entrepreneur.

 

Hussain earned his Bachelor’s degree in engineering and economics at the University of Washington, Seattle and then went on to become the Contracts Manager for GASCO, which is a subsidiary of ADNOC (Abu Dhabi National Oil Company). He only spent a brief period of time there before establishing his own business; Draieh Management Services Co (DAMAC) LLC. This business eventually became the DAMAC Group, which is where he invests most of his energy and time now. Before this, Hussain put together DICO invest, which is an investment company that to this day holds investment portfolios of securities in numerous companies that are traded on different global markets. Al Jazeira Services Co SAOG was also built by Hussain and was eventually consolidated by strategic investments that he made in the insurance sector. Oman-based Al Anwar Ceramic Tiles Co SAOG along with other successful ventures were also started by Hussain before DAMAC.

 

DAMAC was started as a catering company in 1992 but since 2002 is known as a luxury real estate developer that provides unmatched living experiences in Dubai, UAE. As a developer of multi-million square-foot golf course communities, high-rise private apartment towers, and ‘limited edition’ living experiences, Hussain has teamed up with brands like Fendi and Bugatti, Versace, Paramount Hotels & Resorts and Donald J. Trump. A large part of his dealings with Donald Trump has been related to the golf courses that serve DAMAC’s luxury property developments. Hussain Sajwani has received high praise from Mr. Trump, who referred to him as a “very great man,” and has heaped plenty of other compliments on him, as well. https://www.bloomberg.com/profiles/people/15249401-hussain-ali-habib-sajwani

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