Founder and CEO of the DAMAC Group, Hussain Sajwani’s Extraordinary Career
Hussain Sajwani is the founder and CEO as well as the executive chairman of DAMAC Group. The DAMAC Group was founded in 1992 and their headquarters is in Dubai, United Arab Emirates with offices in North Africa, Europe, CIS States, Far East the Middle East, and the Sub-continent. DAMAC Group was founded as a specialist catering company but now works in a number of varied industries, which includes Industrial catering, property development, trading, insurance, and education. They are a global conglomerate and a multi-billion-dollar corporation.
They employ almost 2000 people and they have an excellent record in luxury property development which, to date, has delivered 16,800 homes. Their development portfolio consists of over 44,000 units in various stages of planning and development.
They have also joined forces with some of the best-known lifestyle brands and fashion experts in order to bring new concepts to their product market. They have developed a golf course that was designed by Tiger Woods, which the Trump Organization will be managing. Luxury apartments interiors styled by Italian fashion houses of Versace and Fendi. Bugatti styled luxury villas for them and Paramount Hotels and Resorts will render living at its most opulent.
In 2011, DAMC Group announced the launch of a hospitality division, DAMAC Maison that will service residents in over 12,000 hotel apartments, which will make them one of the largest Hotel Apartment operators and developers in their region.
The growth of this company is attributed to the entrepreneurial skills and vision of Hussain Sajwani, who is one of the 100 most influential global Arabs. His vision and skills to transfer a business vision into a way to provide leadership which is a necessity to maintain growth and continuity have worked well.
Hussain Sajwani has hopes to build his business relationship with the Trump Organization. They have already worked together to make the Trump International Golf Club, with luxury villas into a reality. President Trump has said that while he is in office he will not be making any business deals, however, Hussain Sajwani works with the Trump children, Ivanka, Eric and Donald Jr.
Hussain Sajwani was born in Dubai, United Arab Emirates and is a self-made billionaire ranking #3 in the United Arab Emirates. He received a Bachelor of Arts and Science from the University of Washington and later took advantage of a Dubai government decree allowing foreigners to own property in the United Arab Emirate. From there he bought his first piece of undeveloped land in an underdeveloped part of Dubai. He then proceeded to sell, before construction even began, his first 38-story residential building within a six-month period.
He started his amazing career in the food service business and helped to attract clients such as the construction giant Bechtel and the U.S. Military, and he still to this day owns the food service firm.