Hussain Sajwani from Humble Roots to the Chairman of DAMAC Group

Mr. Sajwani, the present Chairman, CEO, and Founder of DAMAC Group, came from a humble background. His father owned a shop that sold watches and pens, requiring him to work very long hours. He was often away from his wife and children, but he recognized the necessity of this if he was to be successful.

 

Mr. Sajwani was in attendance at his father’s business from the age of 3 and saw enough of it to realize how difficult running such a business can be. Rather than follow his father in the family business, he decided to instead become an educated professional. He first attended a medical school in Bagdad, but abandoned his studies.

 

His entrepreneurial nature eventually led him to found DAMAC Group, a real estate business headquartered in Dubai that specializes in properties in Dubai and the Middle East.

 

The government had initiated a new policy allowing sale of property to foreigners, and he moved quickly, selling units in his buildings before they were even constructed. As a result of his success it was the first real estate company from the Middle East to be listed on the London Stock Exchange.

 

Mr. Sajwani also initiated a development at Damac Hills, a luxury golf community. He began collaborating with Donald J. Trump before Trump ran for the Presidency, and they constructed two large golf courses branded with the Trump name: the Trump International Golf Course and the Trump World Golf Course, the latter designed by golf legend Tiger Woods.

 

DAMAC owns the largest catering company in the Middle East, and is also one of the largest insurance providers to Bahrain.

 

Mr. Sajwani has a net worth of at least $4 billion, and in addition to business, he is very involved with philothropic efforts, including providing more than 50,000 children with clothing and supplies, and supporting others to follow their dreams, whether they involve higher education or starting a business.

 

Mr. Sajwani continues to look ahead to the future and inspire his children as well to follow their dreams.