Abbas hussain sajwani biography
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Abbas hussain sajwani biography
Hussain Sajwani
Emirati businessman
Hussain Sajwani (Arabic: حسين سجواني; born 1952–1953) is an Emiratibillionaire businessman and the founder of the property development company, DAMAC Properties,[2][3][4] and his private investment company, DAMAC Group.[5]
Sajwani bought land and property in Dubai in the 1990s, just as Dubai was developing into a regional hub.[6] He founded DAMAC Properties in 2002.[6]
According to Forbes, as of August 2024, Hussain Sajwani is ranked among the top richest Arabs with a net worth of US$5.1 billion.[7] Sajwani is a close friend and associate of American president Donald Trump.[8]
Early life
Hussain Sajwani was born in 1952–1953 and is the eldest of five children.
Both of his parents were entrepreneurs. His father was a trader with a shop at the local souk, selling watches, Parker pens, shirts, and goods imported from China.[9] Sajwani obtained a go