Born in 1952, Hussain Sajwani is one of the richest people on earth. This is according to Forbes. Hussain Sajwani is a property developer from the United Arab Emirates. He is the chairman and also the founder of the company known as DAMAC properties. DAMAC was ranked among Forbes to 2000 in 2017. This means that DAMAC is among the fastest growing companies in the world. Hussain Sajwani, the DAMAC owner, appears among the wealthiest people in the earth and is among the top 10 billionaires in the Forbes lists. He went to the University of Washington after he obtained a scholarship from the government.
He studied Economics and industrial engineering when at the University. Sajwani started working in 1981 at the finance department of Abu Dhabi Industries. After working for two years, he founded a catering company, whose clients include the U.S military. The company is now known as Global Logistics Company. Hussain Sajwani then started another company in 2002, DAMAC properties.
DAMAC is one of the biggest property development companies in the Middle East. DAMAC has the constructed around 19,000 apartments and over 44,000 units which are still under development. DAMAC got publicly listed in the Dubai financial market in 2015. One of the best known DAMAC properties is the golf course that was designed by Tiger Woods. The same property is managed by the rump organization and hence the good relationship between Hussain Sajwani and President Donald Trump. He even attended his inauguration.
DAMAC properties have constructed luxury apartments that have been fitted with interiors from the big Italian fashion houses, Fendi and Versace. They have Paramount resorts and hotels that were built in partnership with Paramount Pictures. They also have luxury villas that have been styled by Bugatti. The business mogul is known to have invested six hundred million Euros in London through the Aykon London tower which has been branded with Versace in NineElms.
Hussain Sajwani is one of the most influential Arabs in the world. Sajwani has received awards in the course of his busies career. He was ranked among the top hoteliers in the world during the CEO Middle East Awards in 2017. He was also awarded the title of Property CEO of the year during the same awards.
DAMAC properties are known for its philanthropy. Sajwan has given a check for AED two million to programs that clothes a million of children who are deprived all over the world. He has been very instrumental in the government’s efforts in UAE to try and improve the standards of living of the world. His company made a donation that is enabled to keep 50,000 children clothed and feed. Hussain Sajwani believes that the future is for the young ones and that is why he has made it his mission to look out for them. He strives to give the deprived children the best environment to be the best that they can be. The clothing campaign run by DAMAC was in partnership with Emirates Red Crescent which is a humanitarian organization that was set up in 1983.
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