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Hussain Sajwani is the founder and current chairman of global company DAMAC Properties. Hussain Sajwani graduated from University of Washington, while there he studied Economics and Industrial Engineering. Hussain Sajwani is listed as the 4th richest Arab on the Forbes 2018 ranking. He has a net worth $4.1 billion.

Hussain Sajwani started his career in 1981 when he started working for the finance department of Abu Dhabi Gas Industries. In 1983, he started a catering service with customers such as Bechtel and the United States military. Today the company is called Global Logistics Services. While he was a student he sold time-share apartments. According to Arabian Business, he would use this experience to create his own company since he realized he could make more money working for himself rather than for someone.

In 2002, he started up DAMAC Properties in Dubai. Currently DAMAC Properties is one of the biggest property development organizations in the Middle East. The company has developed nearly 19,000 apartments since its origin, and has more than 44,000 units in different stages of creation. Several well known DAMAC projects include: A golf course designed by Tiger Woods, luxury apartments with interior by Versace, luxury villas customized by Bugatti, and Paramount Hotels and Resorts. According to the Forbes Middle East, the Paramount Hotel came to life thanks to a partnership with Paramount Pictures. In 2015, the company was publicly-listed and is now traded on the Dubai Financial Market. DAMAC Properties earned the number one spot on the Forbes 2017 Global 2000 list.

Hussain Sajwani has recently won several different awards. In 2017, Sajwani was listed as one of the top 100 most influential Arabs by Gulf Business. At the CEO Middle East Awards 2017 ceremony he was ranked 15th overall on the Hotelier Power 50 and was named Property CEO of the year. At the Arabian Business Real Estate Awards he was named Real Estate Legend.

Additional source: https://www.albawaba.com/business/interview-hussain-sajwani-man-behind-damac-1066802

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