Hussain Sajwani Net Worth in 2025, a self-made Emirati billionaire and founder of DAMAC Properties, has a net worth of $5.1 billion as of 2025. Serving as the Chairman of DAMAC Group, he ranks #658 on Forbes’ global billionaires list, having built his fortune through real estate development, strategic investments, and ventures in hospitality and data centers.
Key Facts About Hussain Sajwani Net Worth
- Net Worth (2025): $5.1 billion
- Forbes Billionaire Ranking: #658
- Primary Wealth Source: Real estate and global investments
- Flagship Company: DAMAC Properties, founded in 2002
- Residence: Dubai, UAE
- Family: Married with four children, two actively involved in DAMAC operations
Early Life and Education
Born in 1952 or 1953 in Dubai, Hussain Sajwani grew up in an entrepreneurial household. His father operated a retail shop in Dubai’s souk, selling goods like watches and shirts, which inspired young Hussain’s business mindset.
Sajwani earned a government scholarship to study medicine in Baghdad but switched paths after one year. He moved to the United States, where he graduated with a degree in industrial engineering from the University of Washington.
Career Overview
Sajwani began his career in 1981 at Abu Dhabi Gas Industries in its finance department. In 1983, he launched Global Logistics Services, a catering venture that secured contracts with the U.S. military and Bechtel, laying the groundwork for his entrepreneurial success.
In 2002, Dubai’s decision to permit foreign property ownership marked a pivotal moment. Sajwani founded DAMAC Properties, which has since:
- Delivered over 27,400 homes.
- Maintained a pipeline of 35,000 units under development.
- Expanded into hospitality in 2011 with DAMAC Maison Hotels & Resorts.
- Went public on the Dubai Financial Market in 2015.
Business Ventures and Investments
Sajwani’s portfolio extends beyond real estate, with ventures in fashion, technology, and hospitality:
- Partnerships with Versace, Fendi, and Roberto Cavalli for branded luxury projects.
- Acquisition of Roberto Cavalli in 2019.
- A $20 billion investment announced in January 2025 to develop data centers in the U.S., targeting Texas, Arizona, Michigan, and five other states.
These ventures reflect Sajwani’s ability to adapt to evolving markets and technologies.
Personal Life and Family
Sajwani is married with four children, two of whom play significant roles in DAMAC Group:
- Ali Sajwani: Managing Director of Operations, with an economics degree from Northeastern University.
- Amira Sajwani: Managing Director of Sales and Development, holding degrees from University College London and the London School of Economics.
Sajwani values family involvement, ensuring the legacy of DAMAC extends through future generations.
Achievements and Recognition
Hussain Sajwani’s contributions to real estate and global business have earned him widespread acclaim:
- Property CEO of the Year (2017)
- Real Estate Legend Award (2018)
- Gulf Business Lifetime Achievement Award (2023)
- Recognized among the most influential figures in MENA real estate
Properties and Assets
Under Sajwani’s leadership, DAMAC Properties has developed iconic projects, including:
- Trump-branded golf courses in Dubai.
- Versace-designed DAMAC Tower in London.
- DAMAC Mall, opened in September 2023.
- Numerous luxury residential developments across the Middle East.
Latest News
$20 Billion U.S. Data Center Investment
On January 7, 2025, Hussain Sajwani unveiled plans to invest $20 billion in U.S. data centers during an appearance at Mar-a-Lago alongside President-elect Donald Trump. Key highlights include:
- Initial focus on eight states, including Texas, Arizona, Michigan, and Indiana.
- A commitment to supporting AI and cloud computing infrastructure.
- Potential to double the investment beyond the initial amount.
This announcement follows a $962 million investment in Thai data centers in late 2024, showcasing DAMAC’s growing presence in global technology infrastructure.
Legacy and Impact
From humble beginnings in Dubai’s souks to leading one of the Middle East’s most prominent real estate empires, Hussain Sajwani exemplifies resilience and strategic vision. His ventures span industries, bridging real estate, hospitality, and technology on a global scale.
As DAMAC continues its expansion, Sajwani’s influence on real estate and global business remains undeniable, cementing his status as one of the most significant entrepreneurs of his generation.
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