Hussain Sajwani is worth around 2 billion dollars. Damac owner, Hussain Sajwani made the decision to get into real estate in the 1990’s. Since the founding in 2002 of the Damac group headed by Hussain Sajwani, has built the company into one of the leading real estate development agencies in the middle east. Read more: DAMAC Chairman Relishes His Roots | The National
The Damac Group History
Hussain Sajwani started off in the foodservice industry working to cater to the American Troops and later the workers who were building Dubai. Then Sajwani decided to go into high end hotels and today works in countries around the globe as a leader in the industry.
Hussain Sajwani and Donald Trump
The Hussain Sajwani family spent New Year’s Eve this year at Mar-A-Lago in Florida with then President-elect Donald Trump. Trump was heard in his speech saying, “Hussain and the whole family, the most beautiful people, are here from Dubai tonight.”
Hussain Sajwani is in collaboration first with Donald Trump until the election and then with his children in the creation of the Trump Golf Clubs which had more than $2billion in sales. When asked about possible ethics violations his response was, “I am not involved in any political issues or opinions.” Learn more about DAMAC owner: http://www.albawaba.com/business/pr/damac-needy-children-518106
What Does The Damac Group Do?
Hussain Sajwani has spared no expense in making the Damac group one of the most influential real estate development companies in the Middle East. The hotels they build are reportedly very posh and there are constantly massive marketing campaigns.
Hussain Sajwani used Tiger Woods to design the golf course for a hotel and they had Italian designers Versace and Fendi help design and decorate special suites at the hotels.
Philanthropies From The Damac Group
Hussain Sajwani has given a check for $2million to help needy children around the world. Along with the Ramadan Initiative. Hussain Sajwani has helped provide for more than 50,000 children in and around Dubai that need clothing and food.