Hussain Sajwani, chairman, CEO and founder of the DAMAC Group, has always had a knack for creating profitable ventures, and his eye for opportunities has led him to many successes. As younger man, he worked for his father, and it was in his father’s watch and pen store that he learned the basics of business and what hard work really means. With a solid foundation in which to begin, he went out into the world of business to seek his own entrepreneurial success. He first got his education at the University of Washington, Seattle, where he earned a Bachelor’s degree in economics and industrial engineering.
Hussain Sajwani has worked with many illustrious figures and famous individuals including Versace and Fendi, Bugatti, Tiger Woods, Gil Hanse, and Donald Trump. Recently Donald Trump’s sons Donald Trump jr. and Eric Trump were guests of Sajwani’s for the inauguration of the grand opening of the Trump International Golf Club Dubai at DAMAC Hills, which is 7,205-yard, par-71 course that is located in the middle of the 42-million square foot DAMAC Hills master development. Donald Trump called Hussain Sajwani, “a very, very, very, amazing man,” and The Trump Organization plans to continue to do business with Hussain Sajwani Family and DAMAC going into the future.
Hussain Sajwani’s investing prowess is well-known, and his track record is spotless. His investment company, DICO Investments Co LLC., holds many minority and majority holdings in a variety publicly traded companies and focuses in mainly on acquisitions, private equities, and mergers. One of his most brilliant investments is Al Jazeira Services. This company is listed on the Muscat Securities Market and is worth well over US$ 110 million. When many other investors jumped shipped, Sajwani stuck with the company, through thick and thin, and watched as it rose to the giant it is today.
As a philanthropist, Hussain Sajwani believes in humanity and wants to help people wherever he can. He donated $272,000 to the “Yemen We Care” campaign, which is an organization that has helped provide basic healthcare, education, and relief to millions of Yemeni refugees. He also donated to the Emirates Red Crescent, which has helped to cloth a million children.