An Emirati billionaire property developer, Hussain Sajwani has been making an impact for quite some time. A native of Sharjah, UAE, Sajwani is the founder and chairman of the huge real estate development company DAMAC Properties. Sajwani has led DAMAC to being ranked number one on Forbes fastest growing companies list in 2017. He has built incredible wealth and is giving back in a major way.
Sajwani learn from his parents at a young age. His father was from India and sold multiple items including watches, Pens and shirts. Sajwani went on to earn a government scholarship and attended the University of Washington. He went on to earn a degree in ndustrial Engineering and Economics. Soon after college Sajwani entered the business world. His first work was with Abu Dhabi Gas Industries in the early 1980’s. Over the next two decades he would gain valuable experience working in multiple roles in the industry.
In 2002 Sajwani took a huge step when he started his own company DAMAC Properties. DAMAC has become one of the largest property development companies in the Middle East. The company has been involved in major developments across the world. They are responsible for developing nearly 20,000 apartments and have nearly 50,000 in development. The company has had the responsibility of developing a major golf course designed by Tiger Woods and managed by Donald Trump and the Trump Organization. DAMAC has also collaborated with a number of major companies which include Paramount Hotels, Versace and Paramount Pictures.
Hussain Sajwani has a passion for philanthropy. Just last year he was involved with the One Million Arab Coders Initiative. This program brings hands-on professional software development skills to more than one million Arab youth. Just a few years early he had donated nearly $300,000 to a charity campaign called “Yemen We Care.” Hussain has also been recognized for his work. In 2017 he was named Property CEO of the Year at the Middle East Awards in 2017. He also received the honor of being named Real Estate Legend at the the Arabian Business Real Estate Awards in 2018.