Hussain Sajwani
Source of wealth: Real estate
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The scale of their wealth
Health
The price of life
Let's compare Hussain Sajwani's fortune with the healthcare spending of a massive country
Hussain Sajwani could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 6.9 years.
But even if we compare their fortune with that of a rich country
On the other end, Hussain Sajwani could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 3.0 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Hussain Sajwani could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 4.5 years.
And yes, we can also compare it with a rich country
But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Hussain Sajwani could pay for it entirely for 6.1 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Hussain Sajwani could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 25.7 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Hussain Sajwani with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.6 years.
Gold
Everyday luxuries
Hussain Sajwani's fortune is equivalent to 105 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.
Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.
Hussain Sajwani could buy 27,951,454 gold rings. That's a lot of fingers and way too many gifts!!
And if you're struggling to visualize that many rings, it would take 5 trucks to transport them. Although Hussain Sajwani will almost certainly have enough money left over to pay for the gas.
Biography
Hussain Sajwani is the chairman of Dubai-based luxury real estate developer Damac Properties, which he founded in 2002.
He started out in the food services business, catering to the U.S. military and construction giant Bechtel.
In 2001, after Dubai allowed foreigners to own property, he shifted to real estate and sold units in a residential building in less than six months.
Damac teamed up with Donald Trump in 2013 to develop two Trump-branded golf courses in Dubai developments.
Sajwani is known for extravagant marketing, sometimes offering free Lamborghinis to apartment buyers. He has co-branding deals with Versace and Bugatti.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison