Hussain Sajwani is the founder and CEO of DAMAC Group. He is also a business partner and personal friend to U.S. President Donald J. Trump. His rise to success has been very interesting, and his ties to the controversial U.S. President have only served to highlight his achievements in spite of the skepticism.
Here is a review of the man shaping the architectural face of the Middle East and beyond.
A Humble Beginning
Hussain Sajwani was in the catering business before he identified the opportunities in real estate. He ran a catering company that mostly served the United States Army in the Middle East and beyond. His catering business peaked during the first Iraq war of 1991 and later as the U.S. army’s presence extended to Somalia, Bosnia, and the Gulf.
The revenue from his catering business facilitated the beginning and growth of his real estate business. However, he still runs the catering business under the DAMAC Group; the business is considered more of a reminder than a revenue generating opportunity.
Venturing into Real Estate
Hussain Sajwani ventured into the real estate business in 2002 when Dubai’s industry was lifting off. He had earlier constructed mid-market hotels to cater to refugees from Europe during the collapse of the Soviet Union. However, these were insignificant compared to the DAMAC Group, which prides itself as one of the high-end real estate companies in the world.
Hussain Sajwani today works with real estate giants such as President Donald J. Trump. The two businessmen collaborated on the Trump International Golf Club and have sold over $2 billion worth of luxury villas.
The President’s Friend
Hussain Sajwani’s popularity has grown over the recent months due to his friendship with President Donald J. Trump. The two are not only business partners but also close family friends; in fact, they celebrated New Year’s Eve together after the president’s win. Their wives are also close friends who often visit each other.
The real estate mogul has caused controversy by suggesting that he will further his business relationship with Trump Organization. However, he has been keen to point out that he will be working with Ivanka Trump and Eric and Donald Jr.