With a net worth of over $4 billion, Hussain Sajwani, the DAMAC owner, has the distinction of being one of the richest Arabs in the world but just how did he end up becoming so successful? He recently sat down with Bitsy Link to discuss how he managed to accrue such a massive fortune and how he handles running a multibillion-dollar business. He was born in the early 1950’s to a father who owned a haberdashery and it wasn’t long before he recognized his knack and affinity for entrepreneurship. He excelled in school which resulted in him receiving a scholarship to matriculate at the University of Washington in the United States. Upon graduating, he returned to his hometown and began working in one of the nearby gas industries.
He proved to be rather successful over the years and it wasn’t long before he began ascending the corporate ladder until, finally, in 2002 Hussain Sajwani became the DAMAC owner after he founded it. As someone who is a big advocate of diversity, he is proud of the fact that there are over 77 different nationalities represented at his company. One of the things the real estate developer enjoys most about working at his company is the fact that he often gets to see his ideas come to fruition and he delights in being able to see something go from being merely a concept to becoming a reality. He has also never been someone to let something like adversity stand in his way as he just shakes off fear.
When discussing his long history of success, Hussain Sajwani, the DAMAC owner, made it clear that there is no one person responsible for the prosperity of the company but, rather, every single employee pulls their own weight. Looking ahead to the future, he has said that he would eventually like to expand his empire into the adjacent European countries and subsequently the rest of the world. He is also a firm believer in social media and even believes it to be one of the most powerful networking tools of our generation. So we wish him luck.
Sajwani on Instagram: https://www.instagram.com/hussainsajwani/