Hussain Sajwani is a brilliant man with an eye for opportunity and entrepreneurship. As CEO and founder of DAMAC Properties, he is leading the luxury real estate industry into a new era where anything is possible. When Sajwani first began buying up property in an undeveloped part of Dubai, people were unsure of what his plans were. After he had sold a 38 story residential building in the sector before it had even begun construction, people were amazed. To this day, DAMAC, under the guidance of Hussain Sajwani Family, has built over 17,900 homes and has a development portfolio of more than 44,000 units all at different stages in their planning and progress.
Before building DAMAC up to what it is now, Hussain Sajwani put together many other companies and made numerous successful investments. Being known for his keen skills for picking out a golden opportunity, he also started up an investment company named DICO Investments Co LLC. There he zeros in on acquisitions, mergers, and private equities, holds minority and majority holdings in many different publicly traded companies. With portfolios in local and global markets, he continues to turn a profit by tapping into his intuition.
Hussain Sajwani cares deeply about people, and his involvement in philanthropic efforts is well-known. Not only does he promote charitable organizations and humanitarian efforts, but he puts his money where his mouth is. In this way, he has donated $272,000 to the “Yemen We Care” campaign, which is an initiative that helps to offer basic healthcare, relief, and education to 10 million Yemenis. Many people and refugees can thank him for helping them to climb out of a hopeless situation.
As a family man, Hussain Sajwani lives with his loving wife, and together they have raised 4 children. He is a firm believer in family values and hopes to pass on his ethics and moral standards to his kids. As a supporter of higher education, Sajwani earned his Bachelor’s degree in economics and industrial engineering at the University of Washington, Seattle. He also has sat on numerous boards, and among them are the Majan University College in Muscat, Emirates Takaful Company in Abu Dhabi, and JUNO Online in New York.
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