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The Emirati Real Estate Billionaire, Hussain Sajwani

Before Hussain Sajwani, the DAMAC owner became a real estate giant, he learned and worked with different individuals and organizations. Here is a brief history of Hussain Sajwani before DAMAC.

He was born in the 1950s to an Arab entrepreneur. In free time he helped sell watches at his father’s shop, an experience the DAMAC owner credits for his entrepreneurial success. A few years later, Hussain Sajwani won a UAE scholarship to study in the United States. He joined the University of Chicago where’s he pursued bachelor’s degree in economics and industrial engineering. During his study in the US, Sajwani sold timeshare apartments to make some pocket money. The DAMAC owner valued his education and believes it opened his mind to limitless information. After graduating, Hussain Sajwani realized he had to make money for himself and therefore, he needed to get experience before taking any major risks. Working for others is something that Mr. Sajwani has never regretted. He values education and experience equally. He worked for two years in the finance department, where he was involved in processing payments for contracts with the company.

The History of DAMAC.

Hussain Sajwani, in ’82, opened his first business, a catering company. Starting his own business was the biggest risk that ever took but the beginning of an empire. The company rapidly grew and was serving about a hundred and fifty plates in a day. With about two hundred projects, the business quickly expanded its market base. The business is still operating in the Middle East and has branches in Africa.

Being a risk taker, Hussain Sajwani, decided to venture into the real estate business, starting with small projects like small hotels. The hotels would later lead him t OK developing flowers in the high-end areas of Dubai. These real estate projects are now what we know as DAMAC group. Started in the 2000s, after the UAE opened a real estate development market, DAMAC has grown and spread with projects all over Asia and Europe. It has been over a decade since the DAMAC group came to being and is still going strong. It has been involved in a major project and other real estate developers like the TRUMP group.

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Jim Toner Leading Others to Accurate Thinking

Under Sublimation

In the film “They Live” Nada travels aimlessly from place to place. Out of nowhere one day, he discovers a magical pair of sunglasses. These glasses allow Nada to see the world differently as it is. Unfortunately for Nada after he starts using the lenses all the fun of life is zapped out of him for he considers that the government is keeping people sublimated by feeling people subliminal messages that, well, blur their ability to think clearly. Nada doesn’t allow these aliens to ruin himself or his planet and begins to kick some booty and get even.

Regaining the Ability to Think Accurately

Jim Toner, the author of the Wealth 101 system, sees something else in the movie. Despite the world of fiction that the film “They Live” comes out of it still has some truth that is reflecting in our world today. Jim Toner sees clearly that most of the advertising we receive is produced by media that is trying to get us to do something they want. According to Jim Toner, the film “They Live” teaches us a nearly century-old truth given to us by Napoleon Hill, which he received from Andrew Carnegie. The fact that the movie reveals is the government, and the aliens are keeping people from right thinking. More about financial independence but Jim Toner here.

Going Beyond Human Opinion to Reach Your Potential

People who don’t think accurately become pawns and puppets of a more extensive system that is manipulative. Jim Toner (@thejimtoner), in his Wealth 101 system, believes we don’t have to allow others to cause us to lose our ability to think accurately. Accurate thinking is one of the critical principles of accumulating wealth, according to Napoleon Hill, and a tool for erasing all the half-truths the world will feed you to keep you under their thumb. Jim Toner believes you can put into play your right thinking and become free of the things that are ultimately ways to prevent you from becoming who you have the potential to grow and not what others say you can become. In short, Jim Toner says thinking accurately frees you to reject others opinions of you and to live up to the goals to attain the wealth you desire. See Toner’s accolades here.

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Hussain Sajwani Says He Might Sell Some Of DAMAC Properties’ Shares

Hussain Sajwani was at the World Economic Forum a few months ago and he was asked about some updates at his company, DAMAC Properties. He mentioned to the CNBC media people that he was looking to sell about 15% of the company because it could create a little more cash flow, and over the 17 years DAMAC has existed Sajwani has kept it out of debt.

He also said despite media claims to the contrary that Dubai’s housing market in the UAE is still very stable and his housing projects will not be in a surplus. But Sajwani is potentially looking at deals in the UK and even possibly buying some properties in the US in the coming years.

Hussain Sajwani became DAMAC owner in 2002, but before that he managed other businesses. He graduated from the University of Washington in 1981 and became a contracts manager for GASCO, and in 1983 he started a catering company.

This catering company served government agencies, 5-star hotel brands, non-profit groups and most notably the US army during the Gulf War. But Sajwani decided to upgrade to the hospitality and real estate business because more money could be made in it.

The DAMAC asset management company was started in the 1990s, and today it runs a private equity firm and offers public offerings on both the UAE and London stock exchanges. Sajwani also owns Anwar Tiles and an Arabian insurance company. Read more: Hussain Sajwani | Crunchbase and Hussain Sajwani | Facebook

Properties in the DAMAC portfolio include DAMAC Tower which Sajwani had constructed in 2006 and had interiors designed by Versace and Bugatti, Marina Terrace, Tiger Woods Golf Course and Trump Resort and most recently AYKON City.

The Hussain Sajwani family is close friends with President Trump’s family, and Sajwani has understood Trump even when he’s made controversial remarks. The two men have already developed several 5-star hotels together, and the Trump World Resort has been the latest of their business deals.

But Sajwani knows Trump even outside the business office having been a frequent guest at Trump Tower in New York, and even as Donald Trump has relinquished his executive role at the company, Sajwani says DAMAC will continue its partnership with the Trump’s as his sons take over company management.