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Dubai Tycoon Hussain Sajwani Joins Elite Billionaire Club with $13 Billion Fortune

Dubai Tycoon Hussain Sajwani Joins Elite Billionaire Club with $13 Billion Fortune

Dubai Real Estate Tycoon Joins World’s 200 Richest List

Hussain Sajwani, the founder and chairman of Dubai’s Damac Group, has ascended to the ranks of the world’s 200 wealthiest individuals. Sajwani, often referred to as the “Donald of Dubai,” now boasts a net worth of $13 billion, securing the 179th position on the Bloomberg Billionaires Index.

The real estate magnate’s wealth has seen a remarkable surge, with a gain of $9.8 billion in 2025 alone. This increase places him second only to Mark Zuckerberg’s $10.5 billion gain this month, highlighting the rapid growth of his financial empire.

Sajwani’s business portfolio extends beyond real estate. As the chairman of Damac Group, he oversees diverse interests including Damac Properties and the luxury fashion brand Roberto Cavalli. His recent ventures have garnered significant attention, particularly a $20 billion investment in US data centers announced in collaboration with former US President Donald Trump.

The Dubai-based billionaire has also made strategic investments in high-profile tech ventures. Notably, he holds stakes in Elon Musk’s SpaceX and xAI, further diversifying his business interests into cutting-edge technology sectors.

Sajwani’s connections with prominent figures in the business and political world have been thrust into the spotlight recently. He was seen alongside Trump at a press conference announcing their joint data center project and later shared a photo on social media featuring himself with Trump and Musk at a New Year’s event at Mar-a-Lago.

These associations, particularly with Trump, have not been without controversy. Critics have raised concerns about potential conflicts of interest and bias, especially given Trump’s previous role as US President and his ongoing political ambitions. The involvement of Musk, who has been described as both a donor and confidant to Trump, adds another layer to these discussions.

As Sajwani’s wealth and influence continue to grow, his business moves and partnerships are likely to remain under scrutiny in both financial and political spheres.