Hussain Sajwani is a wealthy Emirati entrepreneur who founded the DAMAC Properties. As the DAMAC owner, he builds projects that would provide additional properties to the Emirati people, including the construction of houses, residential complexes, office towers, and malls, among others. He has been given several awards because of his contributions in the field of real estate and property development, and his company is considered as one of the leading firms in the country. Through time, Hussain Sajwani managed his company well, and he would also put some of his money into investments that contributed to the growth of his wealth. Today, he is considered as one of the richest men in the United Arab Emirates. The country has only five billionaires as of 2018, and he is one of those people.
The majority of the wealth that Hussain Sajwani made came from hard work, and it all began with his dream of becoming rich. He wanted to study abroad when he was in college, so he decided to leave his family and live in Washington, USA to study. After he graduated from college, he went back to the United Arab Emirates and joined GASCO, serving as the company’s private contracts manager. However, he never liked the idea of being an employee and having his time controlled by the company, so he decided to quit and establish a business instead.
The first business that he established was a catering company. His clients were mainly American soldiers or the employees and engineers from Bechtel. Through perseverance and dedication, Hussain Sajwani managed to grow his catering business into a multi-million-dollar business. Still not contented with the amount of money that he makes, he decided to invest in the industry of real estate and property development. He founded the DAMAC Properties in 2002, and he would initiate construction projects all around the United Arab Emirates. As the DAMAC Properties gained popularity, more projects across the Middle East sprouted. The profit that he is making off the cafeteria and DAMAC Properties made it possible for him to earn his first billion, and he has extended his gratitude to all of the people who made this feat possible.