Hussain Sajwani Limits Losses And Becomes A Billionaire

Hussain Sajwani is now one of the leading luxury real estate developers in the world but began his career working as a contracts manager in the oil and gas industry before looking to extend his entrepreneurial skills. The U.S. seems to have always had a draw for the Hussain Sajwani family as the real estate developer looked to create a catering empire providing services for the oil and gas industry before expanding its reach to include members of the U.S. military; Hussain Sajwani has been honored by the U.S. armed forces for the work his catering services provided for allied forces during the “Desert Storm” conflict.

 

The collapse of the socialist bloc of Eastern European countries led to the first excursion into the real estate markets for Hussain Sajwani and the switch in focus from catering to properties. Creating the DAMAC Properties group led to Sajwani developing a chain of mid-market hotels targeted towards the expanding market of tourists arriving in portions of the Middle East from former Soviet nations; the early success achieved by Hussain Sajwani in these real estate transactions led to a determination to expand into the more profitable luxury real estate markets.

 

Hussain Sajwani saw his opportunity to enter luxury real estate in 2002 when the United Arab Emirates opened the real estate markets to foreign nationals including the catering and properties mogul. Embarking on a new area of business the real estate mogul continued his drive towards building his real estate empire by purchasing a piece of land outright, a practice he retains in the present day and built a 38-story luxury tower.

 

Forbes now ranks the real estate business of Hussain Sajwani at an impressive $5 billion which he hopes to build upon with a partnership created linking the Abu Dhabi-born business leader with the property group owned by U.S. President Donald Trump. Sajwani embraces his business partnership with the Trump family and believes the golf-based properties he is developing with the brand to create an even more successful company for himself.

 

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