An Overview of Hussain Sajwani’s Career as the DAMAC Owner

DAMAC Properties is one of the best property development firms in the world according to a 2017 Forbes ranking. The company which was started in 2002 by Hussain Sajwani has delivered over 18,000 homes and has several more in development. The company had completed notable projects including a golf course that was designed by Tiger Woods and is managed by the Trump Foundation. The success and expansion of the real estate firm can be associated with the excellent business acumen of the DAMAC Owner, Sajwani.

Hussain Sajwani discloses that his thirst for entrepreneurship started when he was just a young boy helping out in his father’s shop. After completing his studies, he was employed in Abu Dhabi’s finance industry for two years before he quit to focus on establishing his businesses. His first venture was a catering business in 1982. Today, it is a global catering service with reputable clients like Bechtel and the United States military.

One trend that excites the billionaire is social media and in particular, the advent of digital marketing through social media. The DAMAC owner admits that digital marketing has grown to become an integral part of marketing for businesses. He also says he uses newsfeed apps to get updates on what is happening in places around him and in the world.

The DAMAC owner likes to travel, and he urges entrepreneurs to do the same. Traveling helps individuals to acquire new perspectives in life that can be useful in running businesses. One of his best habits that have contributed to his success is embracing failure and understanding that even in defeat, there is a lesson to be learned. Hussain also advises entrepreneurs to be willing to learn new skills to become better versions of themselves.

Hussain Sajwani attended the University of Washington and graduated with a degree in Industrial Engineering and Economics. He is ranked as the fourth richest Arab by Forbes magazine, and his net worth is approximately $4.1 billion. Hussain resides in the United Arab Emirates with his family whom he spends quality time with daily because he believes in living a balanced life.

For more info, checkout:

Leave a Reply