Husain Sajwani, a Business Tycoon

It would apparently take one a whole day to fully describe the achievement of Hussain Sajwani as a successful businessman, an investor, and owner of many different companies. An executive summary of his results is still one that amazes many due to his big successes. Hussain is famously known as the CEO and the Executive Chairperson of DAMAC Properties and Company, LLC. which was founded in the year 1992 as a group purposed with being a specific company in the catering business. The group’s main headquarters is in Dubai where Hussain performs his many duties.His other leadership role, he is also the Chairman of Al Jazeira Services and Company, SAOG, and the Al Anwar Ceramic Tiles Company.

 

Having had a humble beginning, Damac Owner has gradually risen to make a name for himself the business world. Hussain grew up in a middle-class family having his father working in Deira district in real estate and handled various other jobs in Dubai. His mother, on the other hand, had her own business of hawking ladies products around where they stayed. From an early age Hussain started working at his father’s watch shop, and from that young age, his knowledge in business was imparted as he grew up.

 

As the eldest son in the Hussain Sajwani family, Hussain then set out to achieve and progress in his education although his father had hoped that he would end up running their family business. Hussain went on to pursue his university degree in at the University of Washington, and after finishing, he returned home and started working for Abu Dhabi National Oil Company. Later own he left the company and set out to start his own business which he called DAMAC in 1982. As the firm grew, he again decided to open another business in 1992 as a venture business.

 

Due to his business success, Al Jazeira Services Co. and SAOG were next on his list, and they also became prosperous now with a capitalization of $1255 million. Cumulatively from all his businesses, Hussain is now worth an estimated $3.5 billion. His success has seen him partner with much another business person one among them being billionaire Donald Trump.

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