Bio/Wiki | |
---|---|
Profession | Businessman |
Physical Stats | |
Height (approx.) | 5' 10" (178 cm) |
Eye Colour | Black |
Hair Colour | Black (semi-bald) |
Career | |
Awards | • CEO Middle East Award for Rank Number 15 on Hotelier Power 50 (2017) • CEO Middle East Award for Property CEO of the Year (2017) ![]() • Arabian Business Real Estate Award for Real Estate Legend (2018) • Gulf Business Award for Real Estate Business Leader of the Year (2018) ![]() • Gulf Business Lifetime Achievement Award (2023) |
Personal Life | |
Date of Birth | Year, 1952 |
Age (as of 2025) | 73 Years |
Birthplace | Dubai, United Arab Emirates |
Nationality | Emirati |
Hometown | Dubai, United Arab Emirates |
College/University | University of Washington, Washington |
Educational Qualification | A degree in Industrial Engineering |
Religion | Islam |
Controversy | Arrested for Corruption In 2011, he was sentenced to five years jail time over land deal corruption in Egypt. He was involved in a corruption case regarding the the land near Gamsha Bay on the Red Sea which he bought in 2006. In 2013, Egyptian court suspended the jail term after he settled the legal disputes. ((Ahram Online)) |
Social Media | • Instagram • YouTube |
Relationships & More | |
Marital Status | Married |
Family | |
Children | Son(s)- 3 • Ali Sajwani (Managing director of operations at DAMAC Group) • Abbas Sajwani • Mehdi Sajwani Daughter- 1 • Amira Sajwani (Managing Director of Sales and Development) ![]() |
Parents | Father- (Entrepreneur) Mother- (Entrepreneur) |
Siblings | 4 |
Money Factor | |
Net Worth (approx.) | $10.2 billion (as of 2025) |
Some Lesser Known Facts About Hussain Sajwani
- After securing a government scholarship, he attended a medical college in Baghdad but dropped out after his first year.
- In 1981, he started working in the finance department at Abu Dhabi Gas Industries.
- After two years, he started a catering business where he served customers, including the U.S. Military and people from the Bechtel Corporation. Later, the venture’s name was changed to Global Logistic Services.
- In the 1990s, he bought land and property in Dubai while it was developing into a regional hub.
- In 2015, DMAC Properties was listed on Dubai’s Financial Market. The company had built several projects, such as a golf course designed by Tiger Woods and managed by The Trump Organisation, luxury apartments with interiors by Italian fashion houses, and brands such as Paramount Hotels and Resorts.
- In 2019, his private investment firm acquired the Italian fashion group, Roberto Cavalli.
- Later, he invested £600 million in a luxury residential development known as the DAMAC Tower in Nine Elms, London.
- In 2019, he ranked 26th on Construction Week’s Power 100 list.
- In 2020, his name was among Cityscape Intelligence’s most influential people in the MENA real estate industry.
- In June 2021, he resigned from the chairman post of Damac Properties and wanted to take the company private.
- In June 2022, he was among the 100 Most Powerful People in Global Hospitality, recognised by the International Hospitality Institute’s Global 100.
- In 2022, he announced two collaborative projects with jeweller De Grisogono in Dubai.
- In September 2023, he opened DAMAC Mall, which had an annual footfall of approximately 1.3 million visitors.
- On 7 January 2025, he and elected President Donald Trump announced a US$20 billion investment would be made in building data centres across the US.