If you simply go to a state university in the United States—not just someplace ritzy and ivy league like Yale or Harvard, you could be sitting next to the next future billionaire who will someday rendezvous with the president of the United States. This was definitely the situation for those people who were sitting around Hussain Sajwani when he attended the University of Washington.
After Hussain Sajwani graduated from the University of Washington, he went back to his home country, the United Arab Emirates, and engaged in business activities. He started a catering business, which served high profile clients, such as the United States military during the Gulf War. Hussain Sajwani then started to dabble in real estate.
In 2002, Hussain Sajwani founded DAMAC, a company that focuses on construction, architecture, real estate and engineering. It takes part in the development of leisure, commercial and residential properties throughout Dubai and the rest of the Middle East. DAMAC has built prestigious projects in major cities such as Dubai, London, Abu Dhabi, Beirut, Amman, Doha, Riyadh and Jeddah. Much of the company’s success can be attributed to Hussain Sajwani’s know-how regarding legalities, marketing, economics, and a good common sense. DAMAC is a publicly listed company, and it’s shares are traded on the Dubai Financial Market. DAMAC’s portfolio includes over 44,000 units that are in various stages of completion.
The DAMAC owner has a wife and four children. The Hussain Sajwani family occasionally rendezvous with the Trump family. Both families are good friends with each other. The media has made sure to put extra attention on their relations, accusing the Trumps of doing business dealings with the Sajwani family. However, the Trump family has denied these allegations, saying that they are just informal friends with the Sajwani’s, and that they have the right to be friends with whoever they want to be friends with in their leisurely time.
For more details, visit http://hussainsajwani.com/.