Category Archives: Real Estate People

Hussain Sajwani: The Golden Opportunity of the DAMAC Owner to Develop Properties

Hussain Sajwani is quite a famous property developer in the real estate industry and is a very close friend of the United States’ President Donald Trump, as both of the billionaires’ families are close and are always traveling together.

Hussain is the chairman of the company DAMAC Properties from the real estate industry, and the success of the company was globally recognized when its name appeared in Forbes’ 2017 list of the “Global 2000,” which featured quickly-rising corporations with a lot of potential.

Now living in Dubai, he was one of the world’s wealthiest Arabians, and his net worth is very high to this day, even after the DAMAC Properties’ initial golden years of growth.

The billionaire has already spoken many times about his relationship with Donald Trump, and the two continue to see each other from time to time, with Hussain Sajwani stating that he is looking forward to enhancing their business relationship, something the two had in the time Donald Trump was also in the real estate industry. However, Trump, as much of a friend of Hussain as he is, promised to stay away from further business deals while in the presidency role. The US President’s daughter, Ivanka, and his two sons, remain friends of the real estate expert and his wife.

The prestigious DAMAC Properties was founded by Hussain Sajwani in 1976, and it is estimated that the company has more than 2,200 employees, being a crucial provider of jobs in Dubai.

The company has developed many properties around the country, and these have a wide variety of roles as well, being shopping centers, residential buildings, commercial buildings, and the billionaire has also explored different territories and types of buildings throughout the years.

One of the most surprising facts about DAMAC Owner Hussain Sajwani is that he didn’t begin his entrepreneur endeavors in the real estate industry, but instead started in the food services business.

It didn’t take long, though, for the entrepreneur and business creator to shift to real estate, as it was a golden opportunity for any property developer in the Arab Emirates, as the prices and opportunities to buy homes were very favorable. This, coupled with Hussain’s expertise, allowed him to build an empire and make a difference.

Instagram Profile: https://www.instagram.com/hussainsajwani/

The Connection which Exists between Hussain Sajwani and the Current President

There is a lot that has been said about the state dinner that was held at the beginning of this year. The media houses were abuzz with news of those who had participated in the process, and their connection to the businessman turned president, Donald Trump. One of the names that drew the attention of many is Hussain Sajwani. Trump implied that there were some business deals they were discussing with Sajwani, and now everyone wants to know who Hussain is and the role that he plays in the entire process. Here is what you may not know about Hussain.

 

Hussain is a billionaire who owns the DAMAC Group which is located in the United Arab Emirates. He has been in the real estate industry for the past 20 years. Hussain has concentrated on the creation of luxury real estate, and now his business has expanded its reach to the entire Middle East. The cities where he is operational include Dubai, Doha, Beirut, and even London. The DAMAC owner is estimated to have a net worth of around $4 billion. He has been working on some projects for several other businessmen, and the most recent project that he completed was a golf resort for the Trumps. This state of the art golfing complex was opened earlier this year, and among the people who attended the function were Trump’s sons.

 

The real estate developer believes in hard work and resilience to succeed in investing. He has in the past invested in other businesses and has also worked in other companies. There was a time that he was an employee of GASCO, which is under ADNOC. The Hussain Sajwani Family is, therefore, one of the most prominent in the Middle East, and one of the most successful in business.

 

Hussain is also a philanthropist and a source of inspiration to many in the society. He is a member of the board in one of the leading Universities in Jordan. Hussain has in the past collaborated with organizations such as the Red Cross to bring water to the less fortunate. He is an inspirational and transformation oriented leader. Learn more: http://www.forbes.com/profile/hussain-sajwani