HUSSAIN SAJWANI

CEO AND EXECUTIVE CHAIRMAN, DAMAC ORIGIN UAE RESIDENCE UAE SECTOR REAL ESTATE

Two things have dominated any talk of Hussain Sajwani over the past 12 months: wealth and Donald Trump. In 2016 the real estate magnate was named as the richest new billionaire in the UAE, with a net worth of $3.2bn. But it’s really the shadow of Trump that has loomed large for Sajwani. With DAMAC’s upcoming $6bn Akoya development featuring the 18-hole Trump International Golf Course Dubai, the business partners have developed an apparently close bond. Now President of the United States, Trump has moved to distance himself from the business relationship, recently claiming to have turned down a $2bn proposal from DAMAC.