Being the DAMAC owner may be one of the most prestigious positions that one can be in today. For starters, Hussain Sajwani, the Founder of DAMAC, is already an enviable business personality. He has already built a name in the real estate industry and has been considered as the Emirati billionaire who has developed properties that are both luxurious and also wise real estate investments. DAMAC Properties had already been ranked No. 1 by Forbes 2017 Global 2000. Being similar to what the DAMAC Owner has reached is indeed something that many people or business start-ups try to aspire to today.
Another success of Hussain Sajwani as the DAMAC Owner is being able to grow his net worth from $3.7bn to an astounding net worth of $4.3 bn. This growth has been reached for just a span of six months. Factors that could make this happen might be impossible to pin down, but it’s safe to say that it’s all because of Hussain Sajwani’s unceasing passion to invest in Saudi Arabia’s real estate market that’s made this possible.
It might have also helped that Sajwani already has the support of US President Donald Trump in many of his future ventures. Sajwani is already ranked as one of the newly appointed billionaires in the entire UAE, but with Trump’s help, Sajwani could even be more prosperous and more helpful to many people who need jobs.
According to akhbarak.net, another development people can learn today about Sajwani is the fact that DAMAC Properties’ share are increasing in the Dubai Financial Market. Most of the details about this can be found in Forbes, but it’s enough to say that these details point out the level of stability in the company’s attempt to hit their target goals.
People may also be reminded of the fact that DAMAC had been founded in 2002, and to see the success it has today leads one to say how far the company has already been. Sajwani started in the catering business through the company he personally started called Draieh Management Services Company. He transitioned when he saw an opportunity in the Dubai Real Estate Market, which was very timely because there was so much decline in the real estate prices at the time.
Updated blog post concerning Sajwani: https://www.albayan.ae/economy/local-market/2016-04-27-1.2627119