The Third Richest Man Arabia: The Life & Works of Hussain Sajwani

After the United States election of Donald J. Trump and similarly recent post by Forbes a great deal of interest has been generated in the western world about the man named Hussain Sajwani. Mr. Sajwani is quite notable for many reasons but the first attributes that generally garner attention is his fabulous wealth. Not only is he the 527th richest man in the entire world, he is also the third wealthiest man in the entire United Arab Emirates (UAE).

What makes the man really remarkable, however, is not his fortune but how he attained it. Mr. Sajwani grew up in a watch shop owned by his father who instilled in him a very keen entrepreneurial spirit. After finishing his initial education Hussein Sajwani entered into the University of Washington from which he graduated in 1981 with a BA degree in Economics and Industrial Engineering.

After graduation Mr. Sajwani worked for several large name oil companies (one of which was the massive, nationalized ADNOC, the Abu Dhabi National Oil Company) and then struck boldly out on his own to create his own catering company of all things. Read more: Hussain Ali Habib Sajwani | Bloomberg

Strange as the move might have seemed, the venture was a fabulous success which was helped along greatly by his former business connections. His catering service got so popular that it now serves markets all over, not just the Middle East, but Africa and the Commonwealth of Independent States (Russia).

In 2002, Sajwani used the business acumen gained from his oil ventures and the distributional knowledge and finances garnered from his catering business to form and fuel DAMAC Properties a luxury and residential commercial property developer operating from populace city of Dubai within the Arab Emirates.

Utilizing a new market niche that was created by a large influx of foreign residents after a policy shake-up within the country, Sajwani was able to grow his company at a exceptional rate. Currently DAMAC Properties is widely considered the premiere luxury property company in all of the Arab Emirates.

The enterprising billionaires myriad accomplishments are made all the more impressive by the fact that he created and managed all of these companies whilst simultaneously operating various different philanthropic ventures whilst also raising his four children with his devoted wife.

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