Hussain Sajwani’s Philanthropy
Hussain Sajwani, a man worth 3.9 billion dollars as of the date June 23rd, 2017, gave AED a check for two million dollars in 2013. The purpose of this check was to clothe and provide warmth for more than 50,000 children.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum—the Prime Minister and the Vice President of the United Arab Emirates, as well as the Ruler of Dubai—started the Ramadan Initiate to improve the quality of life for people all around the world. This initiative has worked in conjunction with the United Arab Emirates Red Crescent. By donating two million dollars, Hussain Sajwani has helped in the humanitarian efforts of His Highness Sheikh Mohammed. Hussain Sajwani stated that he is very passionate about helping the youth of world, saying that the youth are our future, and that it is extremely important to help them get a good start in life.
Who is Hussain Sajwani, and what is Damac?
Hussain Sajwani is a luxury real estate developer in the United Arab Emirates. He is the chairman and CEO of Damac. Sajwani started as a Control Manager for a major oil company. Then, he founded a catering business in the 1980s, which he still owns. In the 1990s, he got involved in dealing with real estate within the United Arab Emirates. In 2002, he founded Damac, a luxury real estate developing company. As of September 4th, 2013, he completed 8,890 units over a square footage of 9,070,264 square feet. Through his business know-how, Damac survived the 2008 recession.
His Partnership With Donald Trump
Within the past several years, he has partnered up with Donald Trump to develop luxury properties. The Hussain Sajwani family currently socializes with the Trump family on a leisurely level, not a professional level. The Damac owner, working alongside with Trump, developed a golf course in Dubai that was finished in February 2017. Another golf course in Dubai that is currently being built will be finished in 2018.
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