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/
According to an article published through Central Jersey Working Moms, the surging real estate market crisis being experienced in the United States is fast moving to the state New Jersey. Today, New Jersey has higher rates and shares of residential mortgages. Consequently, the real estate market in New Jersey is trailing the country significantly. But with the measures designed to solve the problem of shortages in New Jersey, a positive trend is expected in the future. You can visit Central Jersey Working Moms to know more.
But even with this fractured real estate market, there are still some towns in New Jersey where housing is still in high demand, and the inventories are excellent. Most of these towns are pursuing developments that will be great game changers, and several new apartments are seen cropping up. For the past few months, housing prices in these towns have been plummeting. Job opportunities are also consistently rising in these cities, and this will most probably push the housing demands a notch higher.
Several developments and contracting companies are taking over New Jersey. One of the most sought after development companies in NJ is Boraie Development which has had a development record of more than two decades. This company mostly uses private capital as its primary source to fund its projects. Boraie Development avails to its customers a wide range of services all of which are focused on the various aspects of real estate markets. Each of the projects that it undertakes is guided by vision, reliability, and capitalism.
About Boraie Development
An article by Manta Media Inc. describes Boraie Development LLC as a privately owned company headquartered in New Brunswick, NJ. This company falls under the category of Industrial Buildings and Warehouses. According to Manta Media, Boraie Development was immediately incorporated into New Jersey after it was created in 1986. It is estimated that this company receives about 9279614 in annual revenues and employees nearly 35 staff members.
As posted on their website, Boraie Development has been operating for more than 30 years. They have been offering their services to in the Middlesex County and its environs. Boraie Development is a Residential & Commercial Specialist, Independently Owned and Operated, and also offers Residential Resale. In their Facebook page, Sam Boraie lists the services that it offers to include Real Estate Development, Sales/Marketing, and Property Management. The company indicates that it has a superb team that is committed to building remarkable properties and offering unmatched services.
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