As someone who has an estimated $4 billion to his name, it should come as no surprise to anyone to learn that Hussain Sajwani, the DAMAC owner, is one of the richest Arabs in the world but he wasn’t always the affluent and successful man he is today. So just how did he get his start in business and become so wealthy? He recently sat down with Bitsy Link to discuss how he got where he is today and where he sees himself in the next few years. He was born in the early 50’s to a father who ran a store that sold watches and other accessories and he quickly realized his knack for entrepreneurship. This is what led to him obtaining a scholarship to study in the US at the University of Washington where he majored in Economics and Industrial Engineering.
After his graduation from college, he returned to the middle east where he began working in one of the local gas companies around Abu Dhabi. As per alkhaleej.ae, as he settled into his first job, he wasted no time in advancing his career and, finally, in 2002, Hussain Sajwani became the DAMAC owner and its founder as well. As someone who has always been an advocate of diversity and inclusion, he is proud to have people from over 77 different nationalities working for his company. One of the things he enjoys most about working for his company is being able to see a project go from being merely an idea to a finished product as he takes great pride in seeing people’s visions come to life.
When discussing the secrets to his company’s success, Hussain Sajwani, the DAMAC owner, noted that it’s really a team effort and that no one person is carrying them single-handedly. In the future, he would like to see his company expand into the European countries and beyond. When asked whether he values education or experience more, he mentioned that he values those two equally as they go hand in hand. So, we wish him the best of luck on the future of his company’s endeavors.
Updated blogpost: https://hussainsajwani.com/ar/business-portfolio/