The Works of Hussain Sajwani, Founder and Chairman of DAMAC

Hussain Sajwani, founder and chairman of property development company DAMAC Properties, graduated from the University of Washington with degrees in Economics and Industrial Engineering. It was while doing his studies that he first entered the entrepreneur world by selling time-share apartments. After his schooling, he worked in the finance of a private company for two years. It was during this time that he decided to renew his entrepreneurial spirit for the rest of his professional life. So in 1982, he started a wildly successful catering business.

In 2002 he entered the real estate by founding DAMAC Properties. His first projects were just small hotels before he started developing luxury projects in Dubai. It has since stretched its very lucrative reach to Dubai, Abu Dhabi, Doha, Amman, Beirut, Jeddah, Riyadh, and London. It currently has over 2,000 employees worldwide. Largely as a result of his two extremely successful business ventures, Hussain has been listed among the 100 richest Arabs alive. His wealth can also be attributed to a number of very good investments.

Sajwani says his entrepreneurial spirit was born as a young boy when he would help his father in his store. As the leader of a huge real estate empire, he says most of his days involve meeting with his various management teams. Sajwani says he has become so successful because he has always been able to visualize how Dubai and the rest of the world will look in 20 years. He also attributes his lack of a fear of failure. In fact, he values the failures he has had because they have always taught him a valuable lesson about success. Read this article from Independent.co.uk to know about Trump’s speech mentioning Sajwani.

As incredibly busy a man as Hussain Sajwani is, he makes quality time with his family a priority. Although he does so quite a bit for business reasons, in his rare spare time he also enjoys traveling all over the world on vacations with his family.

Recommended reading: http://www.arabnews.com/tags/hussain-sajwani

Leave a Reply