Hussain Sajwani is one of the richest men in the United Arab Emirates. He managed to build his wealth by investing in the food service industry and the real estate and property development industry. His net worth is around $2 billion as of 2018, and it keeps on increasing as his businesses continue to thrive. He is the owner of DAMAC Properties, one of the premier real estate and property development firms in the Middle East.
Hussain Sajwani has a different career path after he graduated from the University of Washington. He used to work as a private contract manager for GASCO, a company focusing on the production of natural gases, oil, and petroleum. However, he chose to leave the company because he believed that he would never become rich if he would decide to stay as an employee.
What he wanted was to become an entrepreneur, so he started brainstorming about the possible businesses that he could build within the United Arab Emirates that has the chance to grow. He thought of building a food catering services firm since he has an available location situated between an American base and an engineering company. When his business was opened, some of his clients were soldiers from the base and the employees working for the engineering company. The food services firm owned by Hussain Sajwani has experienced tremendous growth, and it soon expanded to other regions, like Africa, and Central Asia.
In 2002, the DAMAC Owner, was informed about the government’s plan to develop Dubai into a financial hub. He founded the DAMAC Properties and ventured into the real estate and property development industry. He wanted to help develop Dubai, and he used the wealth he saved from his food catering business to establish his new company. In a short span of time, the DAMAC Properties became involved in a lot of projects all throughout the United Arab Emirates. Because of the fine detail that he adds to his projects and the striking results that the company produces, many contractors across the Middle East have contacted Hussain Sajwani to become their business partners.
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