Hussain Sajwani
Real estate · Dubai
Net worth
$15.3B
Today
+$3M+0.02%Past month
+$1M+0.01%As of Nov 11, 2026, 1:50 PM EST
Hussain Sajwani is the chairman of Dubai-based luxury real estate developer Damac Properties, which he founded in 2002. He started out in the food services business, catering to the U.S. military and construction giant Bechtel. In 2001, after Dubai allowed foreigners to own property, he shifted to real estate and sold units in a residential building in less than six months. Damac teamed up with Donald Trump in 2013 to develop two Trump-branded golf courses in Dubai developments. Sajwani is known for extravagant marketing, sometimes offering free Lamborghinis to apartment buyers. He has co-branding deals with Versace and Bugatti.
Net worth over time
Principal holdings
3 positions| Company | Industry | Share | Value |
|---|---|---|---|
Private and other holdings | Real Estate | 99.8% | $15.2B |
Al Jazeira Services OMAN: AJSS-OM | Real Estate | 0.2% | $30M |
Al Anwar Ceramic Tiles Company OMAN: AACT-OM | Real Estate | 0.1% | $8M |
Also known for
- After Trump was elected president, he announced that Sajwani had offered him a $2 billion real estate deal in Dubai, but he turned it down.
- Sajwani attended a Mar-a-Lago New Year's Eve party in December 2016 and Trump's inauguration.
“It [success] has been a combination of luck and vision. Someone would open the door, and I would run and grab the opportunity.”