The catering and real estate billionaire, Hussain Sajwani has recently jumped to the attention of the public because of his friendship and business relationship with U.S. President Donald Trump. Taking a novel and innovative approach to the real estate markets have paid high dividends for Hussain Sajwani as he has survived the bursting of the Dubai-based real estate bubble in 2008 and gone on to develop one of the most successful real estate development companies in the world. Discussing the change in business focus from catering to real estate, the DAMAC Properties founder once stated he had the chance to make millions as a catering specialist but could create a personal wealth of billions in real estate; Forbes now rates the Hussain Sajwani family as worth an estimated $5 billion.
Hussain Sajwani has remained one of the most prominent members of the United Arab Emirates real estate community after identifying the region as one of major growth in the early years of the 21st-century. Not always a developer of luxury properties, the Damac owner began life as a catering specialist responsible for supplying food services to the oil and gas industries across the Middle East; the company founded by Hussain Sajwani eventually expanded across the globe and became the major catering services provider for the U.S. military which provided the funds used for the initial move into mid-market hotels in the Middle East opened in the wake of the fall of the Soviet Union.
Not only is Hussain Sajwani one of the most impressive real estate moguls in Dubai he has also expanded his role to include that of a business partner to U.S. President Donald Trump. To ensure his business success remains intact for the future, Hussain Sajwani attempts to maintain his role as a luxury real estate developer the Abu Dhabi born financial specialist maintains three specific rules for running his business. Each piece of land used for a development is purchased outright at the start of the development and must have its own financial backing to allow every development to remain independent; thirdly, cash reserves must be kept at all times in a bid to halt any funding problems for Hussain Sajwani to be affected by.
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