As the fourth richest Arab in the world, Hussain Sajwani, the DAMAC owner, is certainly a cut above the rest but just how did he end up in such a powerful position? He recently sat down with Arabian Business to talk about how he got to be where he is today and where he plans to go in the future. He was born in 1952 to a father who owned a sort of haberdashery. This is what sparked his interest in the field of entrepreneurship and he discovered he had a knack for it at an early age. Later, he became one of the first few students who ever received a scholarship to study abroad and received a Bachelors in Industrial Engineering and Economics upon graduation from the University of Washington. He began his career working for one of the gas companies.
By 2002, Hussain Sajwani had worked his way up the corporate ladder and become the DAMAC owner. In particular, he finds himself intrigued by the prospect of continual financial growth throughout the Asian countries and beyond. He then went on to discuss the diversity of his company, saying they have various employees of over 77 different nationalities and races. As per akhbarak.net, he went on to discuss how everybody in the company contributes great ideas and that no one employee is solely responsible for their success. As the DAMAC owner, Hussain Sajwani is consistently using social media as he believes it to be one of the most effective marketing tools of our generation.
When asked about what he most enjoys about being the founder of this amazing company, he said that he thoroughly delights in being able to take pride in the work that DAMAC does for the community. He truly finds pleasure in seeing something go from merely a concept to an actual state of fruition. One of the biggest decisions he ever had to make is when he decided to go public with the company as this required a lot of internal changes and modifications within the company. So we wish him the best of luck in his future.