The name Hussain Sajwani has recently been appearing a great deal in the western press, both for his great financial success and business acumen (he’s one of the worlds wealthiest men) as well as for his personal connections (he’s known for hanging out with such well known celebrities as President Donald J. Trump and Tiger Woods). Read more: DAMAC Chairman Relishes His Roots
However, these little tid-bits of information do not really cut to the heart of who the man really is and to understand that we have to go back to the beginning of Mr. Sajwani’s career.
Hussain Sajwani got his start in business after graduating from The University of Washington with a degree in economics in the oil industry where he worked for several years for many big name companies such as GASCO (Abu Dhabi Gas Industries Limited) where he worked dilligently and proficiently as a contract manager.
After leaving GASCO Mr. Sajwani utlized the considerable business experience and network of contacts he had gained whilst working there to create his own food catering company which delivered food to offshore businesses, the military and hotels. Learn more about Hussein Sajwani: https://www.damacproperties.com/en/investor-relations/corporate-governance/meet-our-board
The company was a phenomenal success and with the earnings from that enterprise he founded DAMAC in 2002. DAMAC was conceived of as a retail luxury residential company and quickly expanded and found great success due to a new market niche that was opened up due to a heightened demand for new residential properties by non-Arabian residents.
The DAMAC owner went on from their to build up his company into one of the single greatest luxury property companies in the entire Arab Emirates. DAMAC currently has one of the single best property development track record to date of any developmental residential company with a portfolio containing more than 44,000 different properties.
The Hussain Sajwani family, due in large part to the efforts of Mr. Sajwani himself, is now recognized as one of the most prolific and beloved in all of the Middle East for their charitable donations to the poor and needy, utilizing the funding from DAMAC to give back to their local communities.