Hussain Sajwani is a successful entrepreneur who traces his roots from humble beginnings. Although Sajwani didn’t have the resources or knowledge about entrepreneurship, he was not deterred from pursuing his dreams.
Hussain Sajwani is the son of Ali Sajwani. His father was an entrepreneur who owned a shop in Dubai. Ali Sajwani used to travel to China where he would purchase commodities such as watches. He would later resell them at his shop. Although the business was not as profitable, Ali Sajwani used to work for long hours since he had a family to feed.
At times, the DAMAC Owner would pass by his father’s shop. Since Ali Sajwani wanted his son to take over the family business, he used to take him through the basics on how to run the business. However, Hussain Sajwani had other plans in mind. Sajwani believed that education is the key, which is why he decided to pursue formal education. With that said, Hussain Sajwani enrolled at the University of Washington where he undertook an undergraduate degree in Industrial Engineering and Economics.
Eventually, Hussain Sajwani decided to look for employment. Fortunately, Hussain Sajwani landed a job position as a contracts manager at GASCO. While working at GASCO, he saved a substantial amount of cash. After some time, Hussain Sajwani decided to venture into entrepreneurship, and he used his saving to establish a catering in 1982. The catering business experienced a steady growth curve.
Initially, foreigners did not have the legal jurisdiction to earn property in Dubai. However, things took a turn after the Dubai Government stated otherwise. Husain Sajwani saw the opportunity that had presented itself, and he decided to establish DAMAC Properties. With time, the real estate business was booming. Additionally, Hussain Sajwani engaged in business deals with Donald Trump, the United States President. As entrepreneurs who had succeeded in the real estate sector, the two have had a great working relationship.
Through DAMAC Properties, Hussain Sajwani achieved his goal of becoming a billionaire. As a successful businessman, Sajwani has been impacting the society positively by engaging in philanthropy. Hussain Sajwani recently attended a charity event. While at the event, he issued AED 2million that went into clothing and feeding needy children.