A Look at Hussain Sajwani’s Business Empire and His Relationship with President Trump

Background

Hussain Sajwani owns Damac Properties, a real estate business based in the United Arab Emirates. Damac has a global footprint with a portfolio across the Middle East and Europe. Mr. Sajwani received his bachelor’s degree from the University of Washington. The Hussain Sajwani family lives in Dubai and is comprised of himself, his wife and four children. He is estimated to be worth four billion US Dollars.Career and BusinessAfter graduation, Hussain Sajwani started working for GASCO (Abu Dhabi Gas Industries Limited). GASCO is a subsidiary of ADNOC (Abu Dhabi National Oil Company). He later left the company and established his catering venture in 1982.

 

Damac Properties

Hussain Sajwani founded Damac Properties in 2002 with an aim to develop and sell luxury apartments. Damac has completed projects in cities across the Middle East and Europe, notably Dubai and London. Damac has also partnered with brands such as Versace, Fendi, and Bugatti to provide its clientele with customized experiences. Damac’s shares are publicly traded on the Dubai Financial Market.

 

Damac Maison

Damac Maison was launched in 2011 as a hospitality division of Damac Properties. The company’s primary business was to develop hotels and resorts. Damac Maison, in collaboration with Paramount Hotels & Resorts, has hotels worldwide, including in Dubai and London, which places the company on the global hospitality stage. Damac Maison has served high-profile clients such as the US military and the construction company Bechtel.

 

Philanthropy

Mr. Hussain Sajwani has been involved in various philanthropic activities in the past. Most notable is his contribution towards a clothing campaign meant to benefit close to one million needy children worldwide. In 2013, he gave about 545, 000 US Dollars to the cause on behalf of his company, Damac Properties.

 

Relationship with Donald Trump

Hussain Sajwani’s association with Donald Trump began in 2013. Damac was to develop two Trump-branded golf courses namely the Trump International Golf Course Dubai and the Trump World Golf Course. The former is operational while the later said to have been designed by Tiger Woods, opens in 2018 and will be managed by The Trump Organization. Today, the Damac owner and President Trump remain good friends.

Eric Lefkofsky Hopes to Revolutionize Cancer Technology

Along with his corporate associate Brad Keywell, Eric Lefkofsky has made a fortune by taking numerous startups to public trading status. As one of Chicago’s most prosperous tech founders, he has amassed a sizable fortune that exceeds $1 billion. Despite his success, one of his favorite phrases is “I don’t like starting new companies” and more information click here.

This changed when his wife was diagnosed with cancer. Along with this life-changing event came the realization that cancer patients and doctors lack accessibility to pertinent data and information. That’s how the concept for Tempus was born.

This latest startup of the successful duo uses a data-driven approach to combat cancer. The venture uses genomic sequencing and machine-learning to improve understanding of each patient’s tumor and adapts a treatment regimen best suited for each case. Lefkofsky believes that Tempus will serve as a pioneer in the healthcare technology. He foresees a paradigm shift comparable to how Facebook and Google revolutionized the internet and Eric’s lacrosse camp.

Lefkofsky is willing to invest countless millions of his own capital into the business and does not need to rely on outside funding. The money pays for a centralized database of patient information and an operating system that lets physicians access and utilize the data. This molecular clinical library allows doctors to learn from prior cancer patients to find individuals with similar clinical profiles. They can use this information to implement treatment options that are more probable to lead to success and learn more about Eric.

In addition to his Tempus venture, Eric Lefkofsky co-founded Groupon and Uptake Technologies. He also functions as chairman for the former and as a founding partner for Lightbank. Other companies he co-founded include Mediaocean, Echo Global Logistics and InnerWorkings.

In 2006, he established a charitable, private venture with his wife Liz. Appropriately named the Lefkofsky Family Foundation, it was created to support global scientific, educational and scientific causes via grants. Lefkofsky functions as a trustee of the Art Institute of Chicago, World Business Chicago, Lurie Children’s Hospital of Chicago, and the Museum of Science and Industry.

Lefkofsky also serves as a chairman for the Steppenwolf Theatre Company in Chicago. He authored Accelerated Disruption and holds an adjunct professor position at the University of Chicago. Lefkofsky received his juris doctorate degree at the University of Michigan Law School after graduating from the University of Michigan.