There are many things that were remarkable about the New Year’s eve speech that was made by Donald Trump. However, the one detail that seems to have stuck in everyone’s head was the fact that he mentioned an Emirati business partner who had apparently offered him property worth $2billion. He stated that he would have to turn down the offer as the presidency does not allow him to run his personal businesses. The thing that everyone wanted to find out immediately, was the identity of the said billionaire and his connection to the Trumps.
Hussain Sajwani is an Emirate Business man, and Damac owner. He has built his business empire for the past three decades and is worth more than $4 billion. His firm mostly deals with real estate development. This includes the creation of luxury real estate property in Dubai, Jordan, Qatar, and recently even the UK. One of the recent huge deals that the company completed was the construction of the Trump International Golf Club in Dubai. The project was completed earlier this year, and the sons of Donald Trump attended the launching ceremony. The real estate development projects are done by Damac properties, which is a subsidiary of the Damac Group.
Hussain was born in the United Arab Emirates in 1956. He attended the University of Washington where he studied Arts. He did work in several companies before he quit and started the Damac Group in 1994. Today, he is listed as the number 501 Forbes billionaire of the year 2017. Sajwani has a wife and four children, the Hussain Sajwani family resides in the United Arab Emirates.
Other than real estate development, and striking huge business deals with other billionaires like the Trumps, Hussain is very passionate about charity causes. The Dubai Compassion Campaign is one of the charities that he has been supporting for a very long time. He has contributed more than a quarter of a million dollars so far, with all the money going towards the support of refugees in Lebanon and Jordan. Hussain believes that the financially able members of the community should always support those in need. Hussain has also assisted the UAE government in a number of occasions including the funding the red crescent. He is a board member at one of the most prestigious universities in Jordan.
All the wealth that Hussain has made is because of his hard work and resilience. Even though Trump seems to have suspended business dealings with him, he can always talk to Trumps sons for future business deals.
To learn more, visit http://www.hussainsajwani.com/.