Hussain Sajwani is a Dubai billionaire who is the founder and CEO of the public UAE company, DAMAC Properties located in Dubai. DAMAC owner was born in Dubai in 1956. Learn more about Hussain Sajwani: http://www.forbes.com/profile/hussain-sajwani and http://hussainsajwani.com/
Hussain Sajwani’s family is middle-class and conservative. He is married and has four children. He graduated from the University of Washington. After getting a government scholarship, he also went to medical college in Baghdad.
The DAMAC owner’s career began in 1981 where he was employed as a contracts manager at a National Oil Company in Abu Dhabi. Hussain Sajwani established a catering business in 1982, Draieh Management Services Company.
In the mid-1990’s he built four hotels in Deira after seeing an opportunity of accommodating the large population that toured the place. Hussain Sajwani later on founded DAMAC Properties in 2002. He acquired 40% of Al Ahlia Insurance Company based in Bahrain.
DAMAC Properties has a workforce of about 2000 employees and is a company that is publicly listed. Its shares are traded in the Dubai Financial Market. It has delivered more than 16800 homes which have a development portfolio of over 44000 units. Read more: Hussain Sajwani | Twitter and Hussain Sajwani | Facebook
DAMAC Properties has been able to combine efforts with other known brands to bring on board great living concepts. Some of the projects include Tiger Woods designed golf course.
The Trump Organisation is set to manage the project. ‘DAMAC Maison’ a hospitality division started by DAMAC Properties in October 2011 is expected to provide custom services to hotel residents. The growth is attributed the DAMAC Properties owner.
Hussain Sajwani and the American president, Donald Trump, are business associates. The two cooperated with the Trump International Golf Club. The luxury villas made around two billion dollars.
Before Trump’s election, Hussain claimed that his relationship with Donald Trump extended even to Trump’s children. However, Hussain made it clear that he is not involved in any political issues.
In 2013, DAMAC owner donated 2 million AED to a campaign to clothe the less privileged children worldwide. He donated a show of DAMAC Properties supports to the efforts of the Dubai government to improve the lives of the less privileged around the globe.