As a boy, Hussain Sajwani swore that he would never go into business. He would rather go to school and become a professional man, so he could work normal hours. His father had him working many hours after school in the family business, and Hussain hated it.
However his tune changed when he discovered a very low-priced source of candy that he could sell to his school chums for a handsome profit. Hussain graduated from the University of Washington with a degree in engineering, and then took his knowledge and abilities back to UAE and Dubai.
During the Gulf wars, Hussain developed a catering company that fed the US Army and it was quite profitable, and is still in business all over the Middle East. He later formed Damac, LLC, a real estate holding company that would be the bulwark of his fortune. The Damac owner saw a trend coming when a decree was enacted by the government to allow immigrants from other countries to settle in the UAE.
Sajwani purchased some land that what out of the way and built his first multi-story apartment unit, and with aggressive promotion sold out the entire unit before construction had even commenced. Promotions like, “A Bentley with Every Apartment” was unique enough to attract a crowd.
Today, DAMAC has units all over the Middle East and Sajwani is worth billions. Donald Trump has even built two of his golf courses at two of the apartment complexes. DAMAC has grown to the point that other members of the family are involved in the company. Hussain is thinking of his legacy so other members of the Hussain Sajwani family have become important factors in the business.
The Hussain Sajwani success story continues as this adept businessman continues to manage his business affairs with the utmost of care and deliberation.