Billionaire philanthropist Hussain Sajwani

Hussain Ali Habib Sajwani is the 57-year-old owner and chairperson of DAMAC Properties. It is one of the largest luxury real estate developers that’s majorly focused in the middle east. Mr. Sajwani founded the real estate developer in 1976, but it entered the Dubai real estate scene in 2002. He took advantage of the Dubai government decree that allowed foreigners to own property in the middle east. He realized an outstanding property market from non-residents. He bought large pieces of land in the then undeveloped area selling a dream to would be investors. Within a short period, he had begun construction, turning Dubai into the glimmering destination it is now. Mr. Sajwani’s start as an entrepreneur was in the food industry. He acquired customers such as the U.S military and Betchel (a construction giant). At his capacity in the food industry, Mr. Sajwani was able to cultivate lasting relationships with influential people on the international circuit.

DAMAC Owner Hussain Sajwani partnered with the current U.S president, Donald Trump before his legislative days. He helped develop two Trump branded Golf courses in Dubai. President Trump in his New Year state address commended DAMAC Owner and his business partner Mr. Sajwani for being a fantastic gentleman.

DAMAC is mostly associated with luxurious ploys and crazy marketing stunts. Some time ago, they would give out a free Bentley for every apartment purchase. Mr. Sajwani reminds us that every successful entrepreneurial scheme has a modest source. For DAMAC Group, the source is heavily embedded in the food industry which is to date still a significant part of its operations. The DAMAC Owner says the company stays afloat by following a strict business model which includes: Paying 100% for land hence ensuring no debts, keeping separate escrow accounts and thus ensuring that each development is self-dependent. Finally, they keep cash in reserves to enable continuity of construction if the property market fluctuates.

DAMAC Properties chairman, Hussain Sajwani recently donated a whopping sum of AED two million to help buy clothes for poverty-stricken children worldwide. This is among his many charitable and philanthropic deeds.


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Tony Petrello’s Perseverance In Philanthropy

Petrello’s Background
Tony Petrello, also known as Anthony Petrello, was listed as one of the top paid CEO’s in the US. He is currently the CEO of Nabors Industries. Nabors is a company that drills oil and natural gas. Though even with these accomplishments, Petrello’s life story of rags to riches paves a path for all walks of life.

Tony Petrello grew up in Newark, New Jersey. He did not grow up with wealthy parents. They were average, working-class Italian-Americans. He excelled at mathematics. When Petrello turned 18, he demonstrated calculus and algebra skills far beyond the level of his peers. He was subsequently accepted into Yale University on a full scholarship. He moved into a dorm at Yale to purse his passion.

Petrello excelled at Yale, even with some of the toughest conception. Petrello worked closely with Serge Lang, a popular mathematical theorist. Together, they solved complex theorems that most Yale attendees struggled with.

After a continued success in mathematics, Petrello lost his passion for the industry. He decided to pursue Harvard Law School. He became CEO of Nabors after 30 years of work.

Philanthropy and Unity in Houston
Nabors owns 1,050 rigs that supply jobs to 100,000 workers. During Hurricane Harvey, residents were hit hard with the effects of the storm, and many were left homeless. Nabors Industries is a major Houston business. They funded the repair and damage costs from the storm. Petrello formed unity within the city. He also recently opened up his home to Broadway star Tommy Tune, during his Houston stay.

Tony Petrello and his wife Cynthia have one daughter, Carena Patrello. At birth she had neurological complications, limiting her ability to walk, speak and eat. She was diagnosed with periventricular leukomalacia. With little research regarding this condition, Tony and Cynthia had to search for a treatment.

Jan and Duncan Neurological Research Institute is a wing of the Texas Children’s Hospital. Tony and Cynthia donated $7 million for the wing’s development. The wing is designated to help children with neurological complications.

In order to give back to the community of aspiring Yale attendees, Petrello created an award in honor of his mentor Serge Lange. Petrello donated $150,000 towards the fund. The goal is $450,000. The money will be a yearly prize offered from Yale University.

Read more: The Real Story Behind Anthony Petrello’s Success as CEO of Nabors Industries