Hussain Sajwani is a Muslim billionaire based in United Arab Emirates, Dubai. The entrepreneur and real estate developer has left a significant mark on the property market expansion that took place in Dubai in the 1990’s. Many would say he’s an originator of many of the business methods individuals use today in Dubai. Read more: DAMAC Chairman Relishes His Roots | The National
In 2002, Sajwani established global property development company DAMAC Properties. The company was founded immediately after the Dubai government decreed that foreigners would be allowed to own properties in the emirates. Sajwani had already built several luxury hotels, however once the decree was finalized he started acquiring land in rural areas at a rapid pace. Afterwards, he began work on a project to develop several new residential properties. Learn more about Hussain Sajwani Family: http://www.forbes.com/sites/kerryadolan/2016/03/01/the-donald-of-dubai-hussain-sajwani-interview/#1b049a722f15
Sajwani wasn’t always a real estate tycoon. The successful businessman founded his catering service in 1982. Though small at first, these days it is one of the leading catering services in the market. It caters construction campsites, army camps, educational institution, 5-star hotels and onshore/offshore locations. All in all, the service has a workload spanning 200 projects and serving well over 100,000 meals on a daily basis.
Hussein Sajwani decided to make the shift to real estate because it was substantially more profitable and less of a headache. He said he made millions in the food catering business, but billions in real estate. And a businessman like Sajwani is all about the money at the end of the day.
Friendship with Donald Trump
In 2003, Sajwani and Trump partnered on a project, managed by the Trump Organization, to develop The Trump International Golf Course and Trump World Golf Course in Dubai. The collaboration proved to be very profitable to both. Since then the two have become business partners and good friends, even spending new years eve together in 2017. The two’s business relationship has slowed since Trump was voted U.S. President. Nevertheless, the two are close as ever.
Hussain Sajwani Family
Sajwani was born into a middle class family in Dubai, the oldest of five. He was inspired by his father at an early age to go into business when he was of age.
Today, he is married with four kids.