Hussain Sajwani is a remarkable man who came from humble beginnings to build a very successful life for himself. With a proper education, persistence, and a desire to for a better life Mr. Sajwani left his home country to start a new life in America. He is now the Founder, Chief Executive Officer, and Chairman of DAMAC Group. This is Hussain’s story and how his career blossomed to what it is now.
The entrepreneur was born in 1954 to a middle class and conservative family who knew how to work hard. His mother made extra cash by selling household goods and fabric to the local women in the town. Sajwani’s father owned a pen and watch shop. He also did some real estate work on the side. The senior Sajwani would work countless hours and spent most of his time in the shop working hard. Hussain Sajwani spent a lot of time in his father’s shop since he was three years old getting a formal education in what it takes to run a business. The young man’s father wanted his son to take over the family business, but he had his own ideas that he wanted to pursue. The future entrepreneur saw how his father struggled with the reality of owning a shop. Mr. Sajwani had other aspirations and getting an education was very important for him. He received a government scholarship to medical college in Bagdad, but did not finish his studies there.
Fast forward to 2002 where Hussain founded his company called DAMAC Group. The headquarters are located in Dubai. They are a real estate company that focus solely on commercial, leisure, and residential properties in Dubai and the Middle East. Hussain’s company used government decree so that people all over the world could purchase property there without being a citizen of the country. This has created a lot of opportunity for people all over the world. DAMAC made lots of award-winning projects in countries such as Saudi Arabia, the United Kingdom, Dubai, and Qatar. They received even more recognition and was listed on the London Stock Exchange.
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