The fastest global growth … the wealth of an Arab merchant jumps 3 times in 4 months!

He started his life as a merchant in his father’s stores, and despite his revolution, he started working with his father, but the merchant’s mentality remained adjacent to his decisions until he became among the 170 richest people around the world, according to the Bloomberg List of Billionaires.

There was nothing remarkable other than the path of his wealth during 2025, especially since his company became closed since 2022 after its removal from the stock exchange, but Donald Trump’s return to the White House, which he has gathered with friendship since 2013, pushed him under the spotlight again.

He pledged to invest $ 20 billion in the United States in the data centers sector.

On the “Bloomberg Billionaires” index, Hussein Sawani, the founder and chairman of the Board of Directors of “Damac”, ranked 167th, but his wealth has grown remarkably since the beginning of this year, as the fastest growth of wealth as a percentage in the list that brings 500 billionaires from around the world where it grew by 297%, or about 3 times it was at the end of last year.

After adding just more than 9 billion dollars to his wealth.

“Damac”, which the eye may not make mistakes in Dubai, has many real estate projects and towers that the company’s slogan is up, and the city’s sky illuminates at night, but the vision of “Sawani” added another dimension to the property since the year 2020, after he began to expand in data centers, as his company has many of them in the cities of Asia, Europe and the United States, as well as the UAE, and two centers in Saudi Arabia, while seeking “Damac” to add two other data centers.

The significant increase in the evaluation of the company “Damac”, which represents about $ 12.1 billion of the total value of the “Swani” wealth of $ 13.1 billion, driven by the evaluation of the “Bloomberg billionaire” index on a report issued by the Standard & Poor’s credit rating agency in February 2024, which was based on the repetitions of evaluation companies in the real estate sector in Dubai, which included: House of Al -Arkan Real Estate Development, Arab Centers Company, House Real Estate, Emaar Real Estate, and Diyar Development.