Hussain Sajwani was born in 1954 from a humble background family in Dubai. His mother was a hawker of fabric while his father owned a small shop where he sold watches and pens imported from China. Ever since he was young, he was a visionary and used to help his father in the shop most of the time. He gained the entrepreneurial skills while he was young. He was lucky enough to get a government scholarship to the United States where he studied Industrial Engineering and Economics at the University of Washington.
After acquiring his undergraduate degree, he got a job with an Abu Dhabi Gas Company where he worked in the finance sector for some time. Since he was destined to flourish, Hussain Sajwani started his venture in 1982, under the name DAMAC. It was a catering venture and among his first clients was the United States Military. Despite the ups and downs during his long journey, his hard work and skills have led to the establishment of DAMAC Group. Hussain Sajwani owns ZDICO investment and Al Jazeira services.
Currently, the DAMAC Owner is the not only the executive chairman but also the chief executive officer of DAMAC properties as well as the chairman of all the affiliates of the DAMAC Group. The DAMAC Owner has a net worth of about four billion dollars.
DAMAC Properties is one of the most significant development firms in the Middle East but also around the world. His venture has expanded to Europe as well. With 19,000 apartments it was started, and other 44,000 units under construction, the company has enormous assets. One of its projects includes a golf course that was designed by Tiger woods and owned by the Trump Organization. Furthermore, the company was publicly listed under the Dubai Financial Market.
Corporate Social Responsibility
Through the DAMAC Foundation, the DAMAC Owner sponsored one million young Arabs with the help of the Dubai ruler, Sheikh Mohammed bin Rashid Al Maktoum. Together, they helped in equipping young Arabs with free software skills through training. The initiative was known as one million Arab Coders Initiative.
While the term activism and investing aren’t usually associated with each other, Sahm Adrangi shows us that this does not have to be the case. Because he has been involved throughout his impressive investment career in activism in order to help improve the trading realm. One such way he has accomplished this is by shorting and then exposing corrupt and fraudulent companies, helping him to not only profit, but stabilize and restore and balance the markets, keeping them honest.
In 2013 Sahm Adrangi teamed up with the Lindsay Corporation, helping to manage the cash deployment of the company and allocate new policies in order to improve not only efficiency, but quality of company as well as staff. Sahm has worked hard to help improve the business and finance sector. He has a nose for deception, fraud, and over-valuation, which has allowed him to make great strategic investment moves, profiting while also exposing scandal to make sure that it is subject to proper monitoring and regulation.
This is what some might call activist investing, helping to improve the market and various sectors that are notorious for scandal and book cooking. Sahm Adrangi has become a kind of sheriff of Wall Street, using his instinctual detective skills and research acumen and finance experience to keep the Wall Streets clean and free from scandal that could cost unwary investors millions in revenue at a moments notice.
Sahm Adrangi got his start in finance working with credit at the Deutsche Bank. He started by leveraging loan debt financing. He also spent several years at Longacre Management, a multi-billion dollar hedge fund. There he developed a lot of the skills and instinct in order to make trades, and recognize scandal. He has appeared and given interviews to CNBC, and Bloomberg, and continues to demonstrate his abilities in finance. He will continue to apply his financial knowledge to maintain and regulate the market, making sure to keep companies honest and investors informed about the various happenings around Wall Street. With proper governance from investors like Sahm, corruption and scandal can be rooted out and honest and transparent trading can continue.
For a man who began his career in the oil and gas exploration industry, Hussain Sajwani has come a long way to reach the top of the luxury real estate industry in Dubai with a close working relationship with U.S. President Donald Trump. Hussain Sajwani and his family are well known in the United Arab Emirates for the success of the DAMAC Properties group and for the many good works he has completed as a philanthropist; however, around the world, Hussain Sajwani has only recently been discovered by many people through the close links he has formed to the Trump Organization headed by the current U.S. President. Learn more: https://www.linkedin.com/in/hussainsajwani
Entering the luxury real estate market in Dubai seemed a far-off dream for the DAMAC owner in the early 2000s when his chain of mid-market hotels was performing well with members of the former Soviet states. Dubai remained the target for Sajwani but an outdated rule barring foreign citizens from owning property in the city made thoughts of becoming a luxury real estate developer in the city a distant dream. A change in rules regarding property development opened the door for Hussain Sajwani to enter the luxury real estate sector and establish one of the leading luxury real estate companies in the world.
Hussain Sajwani has made the leap into the world of luxury real estate development’s elite in recent years because of his close association with the Trump organization. Sajwani and DAMAC Properties have already opened their first Trump-branded golf resort in Dubai which has continued the long history of success attached to the DAMAC brand in the Middle East. A second golf resort will soon open which has been designed by golfing legend, Tiger Woods and will also bear the Trump name backed by funding sourced from Hussain Sajwani. The move to The White House of Donald Trump led to an end of international business deals until the President completes his term when Hussain Sajwani has already stated he has a $2 billion real estate deal waiting for the New York real estate mogul and politician.