Hussain Sajwani ( Arabic : حسين سجواني ; born 1953) is an Emirati billionaire businessman and the founder of the property development company, DAMAC Properties , and his private investment company, DAMAC Group.
61-510: Sajwani is a surname. Notable people with the surname include: Hussain Sajwani (born 1953), Emirati billionaire property developer Peter Sajwani (born 1977), Swedish darts player [REDACTED] Surname list This page lists people with the surname Sajwani . If an internal link intending to refer to a specific person led you to this page, you may wish to change that link by adding
122-625: A $ 1 billion investment aimed at meeting the growing global demand for data infrastructure. In September 2023, Hussain Sajwani officially opened DAMAC Mall, which attracted an annual footfall of approximately 1.3 million visitors. Sajwani is married, has four children, and lives in Dubai. His son, Ali Sajwani, is an economics graduate from Northeastern University in Boston, US, and the Managing Director of Operations at DAMAC Group. He
183-461: A 2018 UBS study of 77 world cities, Miami was the third-richest city in the U.S. and the third-richest globally in purchasing power . Miami is a majority-minority city with a Hispanic and Latino population of 310,472, or 70.2 percent of the city's population, as of 2020. Downtown Miami has among the largest concentrations of international banks in the U.S. and is home to several large national and international companies. The Health District
244-555: A base for U.S. defense against German submarines due to its prime location on the southern coast of Florida. This brought an increase in Miami's population; 172,172 people lived in the city by 1940. The city's nickname, The Magic City , came from its rapid growth, which was noticed by winter visitors who remarked that the city grew so much from one year to the next that it was like magic. After Fidel Castro rose to power in Cuba following
305-441: A gang of white men with torches marched through the neighborhood and warned the residents to move or be bombed. Miami prospered during the 1920s with an increase in population and development in infrastructure as northerners moved to the city. The legacy of Jim Crow was embedded in these developments. Miami's chief of police at the time, H. Leslie Quigg , did not hide the fact that he, like many other white Miami police officers,
366-650: A golf course designed by Tiger Woods and managed by The Trump Organization, luxury apartments with interiors by Italian fashion-houses Versace , Fendi , and Roberto Cavalli as well as brands such as Paramount Hotels and Resorts in partnership with Paramount Pictures . In 2019, Sajwani's private investment firm completed the acquisition of Italian fashion group, Roberto Cavalli. Sajwani invested £600 million in London, UK, through its Versace-branded DAMAC Tower London in Nine Elms. In June 2021, Sajwani resigned as
427-569: A government scholarship and attended a medical college in Baghdad . After his first year, he left for the US and attended the University of Washington , where he studied industrial engineering. Sajwani started his career in 1981 in the finance department at Abu Dhabi Gas Industries . Two years later, he started a catering venture, with customers including the U.S. military and Bechtel . The venture
488-569: A large residential population. Brickell Avenue has the largest concentration of international banks in the United States. Just northwest of Downtown is the Health District , which is Miami's center for hospitals, research institutes and biotechnology , with hospitals such as Jackson Memorial Hospital , Bascom Palmer Eye Institute , and the University of Miami 's Miller School of Medicine . The southern side of Miami includes
549-502: A variety of other religions have smaller followings; atheism or no self-identifying organized religious affiliation was practiced by 21%. There has been a Norwegian Seamen's church in Miami since the early 1980s. In November 2011, Crown Princess of Norway Mette-Marit opened a new building for the church. The church was built as a center for the 10,000 Scandinavians that live in Florida. Around 4,000 of them are Norwegian . The church
610-485: A warm ocean current , runs northward just 15 miles (24 km) off the coast, allowing Miami's climate to stay warm and mild all year. The surface bedrock under the Miami area is called Miami oolite or Miami limestone. This bedrock is covered by a thin layer of soil, and is no more than 50 feet (15 m) thick. Miami limestone formed as the result of the drastic changes in sea level associated with recent glacial periods , or ice ages . Beginning some 130,000 years ago,
671-506: A wealthy Cleveland native, was the original owner of the land upon which Miami was built. In the late 19th century, the area was known as "Biscayne Bay Country", and reports described it as a promising wilderness and "one of the finest building sites in Florida". The Great Freeze of 1894–1895 hastened Miami's growth, as the crops there were the only ones in Florida that survived. Julia Tuttle subsequently convinced railroad tycoon Henry Flagler to extend his Florida East Coast Railway to
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#1732791504733732-666: Is 45 °F (7 °C) in December 1989 during the December 1989 United States cold wave . The coldest maximum temperature average between 1991 and 2020 stood at 59 °F (15 °C). The warmest overnight low measured is 84 °F (29 °C) on several occasions. The stability of summer overnight lows is underlined by the mean maximum annual overnight low of just one degree lower. Hurricane season officially runs from June 1 to November 30, although hurricanes can develop beyond those dates. The most likely time for Miami to be hit
793-855: Is also an important place for the 150 Norwegians that work at Walt Disney World in Central Florida. In a 2022 Point-In-Time Homeless Count, there were 3,440 homeless people in Miami-Dade County, 970 of which were on the streets. In the city limits of Miami, there were 591 unsheltered homeless people on the streets, up from 555 in 2021. According to National Immigration Forum , the top countries of origin for Miami's immigrants are Latin America (86%): Cuba (741,666), Haiti (213,000), Colombia (166,338), Jamaica (144,445); Europe (6.1%): United Kingdom (23,334), Germany (15,611), Italy (14,240) and Asia (5.2%): India (23,602), China (21,580) and
854-549: Is during the peak of the Cape Verde season, which is mid-August to the end of September. Although tornadoes are uncommon in the area, one struck in 1925 and another in 1997 . Around 40% of homes in Miami are built upon floodplains and are considered as flood-risk zones. Miami falls within the Department of Agriculture's 10b/11a plant hardiness zone . Miami is one of the major coastal cities and major cities in
915-528: Is home to several major University of Miami -affiliated hospital and health facilities, including Jackson Memorial Hospital , the nation's largest hospital with 1,547 beds, and the Miller School of Medicine , the University of Miami's academic medical center and teaching hospital, and others engaged in health-related care and research. PortMiami , the city's seaport, is the busiest cruise port in
976-672: Is mostly composed of high-rise residential towers and is home to the Adrienne Arsht Center for the Performing Arts . Wynwood is an art district with ten galleries in former warehouses, as well as a large outdoor mural project. The wealthier residents of Miami usually live in the Design District and the Upper Eastside , which has many 1920s homes as well as examples of Miami Modern architecture in
1037-410: Is ranked among the top richest Arabs with a net worth of US$ 5.1 billion. Sajwani is a close friend and associate of American president Donald Trump . Hussain Sajwani was born in 1952 and is the eldest of five children. Both of his parents were entrepreneurs. His father was a trader with a shop at the local souk , selling watches, Parker pens , shirts, and goods imported from China. Sajwani obtained
1098-544: Is still operational and is now called Global Logistics Services. In 2002, Sajwani established DAMAC Properties , one of the largest property development companies in the Middle East. The company has delivered around 27,400 homes since its inception and has over 35,000 units under various stages of development. An Egyptian court found Sajwani guilty of corruption in connection with a 2006 land deal in Gamsha Bay on
1159-432: Is the second-most populous city in Florida after Jacksonville . Miami has the third-largest skyline in the U.S. with over 300 high-rises , 61 of which exceed 491 ft (150 m). Miami is a major center and leader in finance, commerce, culture, arts, and international trade. Miami's metropolitan area is by far the largest urban economy in Florida, with a 2017 gross domestic product of $ 344.9 billion. In
1220-516: The 1950 census . This made it Florida's largest city, a title it retained until the Jacksonville Consolidation , when the city of Jacksonville absorbed most of Duval County , nearly tripling its population. Since then, Miami has retained its spot as Florida's second-largest city. Throughout the latter half of the twentieth century, Miami experienced a certain amount of stagnation in its population, with expansion slowing during
1281-637: The City of Miami , is a coastal city in the U.S. state of Florida and the county seat of Miami-Dade County in South Florida . It is the core of the Miami metropolitan area , which, with a population of 6.14 million, is the second-largest metropolitan area in the Southeast after Atlanta , and the ninth-largest in the United States. With a population of 442,241 as of the 2020 census , Miami
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#17327915047331342-613: The Revolution in 1959, many wealthy Cubans sought refuge in Miami, further increasing the city's population. Miami's national profile expanded dramatically in the 1970s, particularly in 1972. The region hosted both the Democratic and Republican National Conventions in the 1972 Presidential election . The Miami Dolphins also made history with their undefeated "perfect" season . The area's educational and cultural institutions also developed significantly in this period, positioning
1403-535: The Sangamonian Stage raised sea levels to approximately 25 feet (8 m) above the current level. All of southern Florida was covered by a shallow sea. Several parallel lines of reef formed along the edge of the submerged Florida plateau , stretching from the present Miami area to what is now the Dry Tortugas . The area behind this reef line was a large lagoon. Miami limestone formed throughout
1464-573: The Tropic of Cancer , and proximity to the Gulf Stream shape its climate. Average winter high temperatures, from December to March, range from 76.4–80.3 °F (24.7–26.8 °C). January is the coolest month with an average daily temperature of 68.2 °F (20.1 °C). Low temperatures fall below 50 °F (10 °C) about 3 to 4 nights during the winter season, after the passage of cold fronts that produce what little rainfall that falls in
1525-539: The mainland of South Florida just above sea level . Beneath the plain lies the Biscayne Aquifer , a natural underground source of fresh water that extends from southern Palm Beach County to Florida Bay . It comes closest to the surface around the cities of Miami Springs and Hialeah . Most of the Miami metropolitan area obtains its drinking water from the Biscayne Aquifer. As a result of
1586-548: The 1950s and 1960s before nearly halting in the next three decades as suburbanization occurred. Miami grew by 34.3% in the 1950s and 1960s as its population reached 334,859 at the 1970 census . In the next three decades, it only grew 8.2%. By the time of the 2000 census , Miami's population stood at 362,470. In the 2000s and 2010s, spurred by high-rise construction in Downtown Miami, Edgewater, and Brickell, Miami's population began to grow quickly once more. An estimate by
1647-497: The 2020 census, it was 52,447, only 11.7% of the population. Reasons for this include high costs in areas such as Liberty City and Little Haiti , compounded with gentrification . The non-Hispanic White population began to rebound in the twenty-first century, as the monolithically Hispanic areas in the Western and Central parts of Miami experienced population stagnation. This caused them to begin to be outweighed by migration into
1708-478: The American Community Survey found that the downtown population, from Brickell north to Midtown Miami, grew nearly 40% between 2010 and 2018. From 2000 to 2010, Miami's population grew by 10.2% and reached 399,457 in 2010. In the early 2010s, Miami's population crossed a milestone of 400,000 people. In the 2020 census , it had grown by a further 10.7%, up to a population of 442,241. In 1970,
1769-473: The Census Bureau reported Miami's population as 45.3% Hispanic, 32.9% non-Hispanic White, and 22.7% Black. Miami's explosive population growth has been driven by internal migration from other parts of the country, up until the 1960s. From 1970 to 2000, population growth in Miami was stagnant, as non-Hispanic White Miamians left and significant immigration from Latin America, particularly Cuba , made up
1830-499: The Downtown region, from Latin America and the rest of the United States. This caused the non-Hispanic White population to rise from a nadir of 11.8% at the time of the 2000 census to 11.9% at the time of the 2010 census . After this, the non-Hispanic White population grew significantly faster than Miami as a whole did during the 2010s. In the 2020 census , non-Hispanic Whites were 14.0% of the population of Miami and numbered 61,829,
1891-556: The MiMo Historic District. The northern side of Miami also has notable African-American and Caribbean immigrant communities, including Little Haiti , Overtown (home of the Lyric Theater ), and Liberty City . Miami has a tropical monsoon climate ( Köppen climate classification Am ) with hot and wet summers and warm and dry winters. Miami's sea-level elevation, coastal location, position just above
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1952-525: The Miami area for around 2,000 years before contact with Europeans. A village of hundreds of people, dating to 500–600 BCE, was located at the mouth of the Miami River . It is believed that the entire tribe migrated to Cuba by the mid-1700s. In 1566, admiral Pedro Menéndez de Avilés , Florida's first governor, claimed the area for Spain . A Spanish mission was constructed one year later. Spain, and briefly Britain , ruled Florida until it ceded it to
2013-622: The Red Sea. He was sentenced to 5 years in prison but reached a settlement with the Egyptian government through an Investor-state dispute settlement arbitration and received no punishment. In October 2011, DAMAC Properties launched its hospitality division, 'DAMAC Maison Hotels & Resorts'. In 2015, the company was publicly listed on the Dubai Financial Market . Some of the projects developed by DAMAC Properties include
2074-598: The U.S. in business activity, human capital, information exchange, cultural experience, and political engagement. Miami was named after the Miami River , derived from Mayaimi , the historic name of Lake Okeechobee and the Native Americans who lived around it. Miami is sometimes colloquially referred to as The 305 , Magic City , Gateway to the Americas , Gateway to Latin America , Capital of Latin America , and Vice City . The Tequesta tribe occupied
2135-672: The United States in 1821. In 1836, the U.S. built Fort Dallas on the banks of the Miami River as part of their development of the Florida Territory and their attempt to suppress and remove the Seminoles . As a result, the Miami area became a site of fighting in the Second Seminole War . Miami is noted as the only major city in the United States founded by a woman. Julia Tuttle , a local citrus grower and
2196-937: The United States that will be most affected by climate change . Globally, it is one of the most at-risk cities, according to a 2020 report by Resources for the Future . Global sea level rise , which in Miami is projected to be 21 inches (53 cm) to 40 inches (100 cm) by 2070, will lead to an increase in storm damage, more intense flooding, and will threaten Miami's water supply. Other potential impacts of climate change include higher hurricane wind speeds and severe thunderstorms, which can bring about hail or tornadoes. Some protective efforts are in place, including nourishing beaches and adding protective barriers, raising buildings and roads that are vulnerable, and restoring natural habitats such as wetlands . Miami Beach has invested $ 500 million to protect roads, buildings, and water systems. Real estate prices in Miami already reflect
2257-463: The aquifer, it is not possible to dig more than 15 to 20 ft (5 to 6 m) beneath the city without hitting water, which impedes underground construction, though some underground parking garages exist. For this reason, the mass transit systems in and around Miami are elevated or at-grade . Most of the western fringes of Miami border the Everglades , a tropical marshland covering most of
2318-507: The area averages at around 6 ft (1.8 m) above sea level in most neighborhoods, especially near the coast. The highest points are found along the Miami Rock Ridge , which lies under most of the eastern Miami metro. The main portion of Miami is on the shores of Biscayne Bay, which contains several hundred natural and artificial barrier islands , the largest of which contains Miami Beach and South Beach . The Gulf Stream ,
2379-458: The area from the deposition of oolites and the shells of bryozoans . Starting about 100,000 years ago, the Wisconsin glaciation began lowering sea levels, exposing the floor of the lagoon. By 15,000 years ago, the sea level had dropped 300 to 350 feet (90 to 110 m) below the current level. The sea level rose quickly after that, stabilizing at the current level about 4,000 years ago, leaving
2440-402: The balance. Miami's Hispanic majority solidified itself in this period of time, and in 1985, Miami elected its first Cuban-born mayor, Xavier Suarez . The non-Hispanic Black population of the city of Miami peaked in 1990 at almost 90,000, making up nearly a quarter of the population of Miami. Since then, Miami's non-Hispanic Black population has experienced a precipitous and steady decline. In
2501-532: The chairman of Damac Properties and offered to take the company private. Sajwani planned to launch Cavalli residences on a $ 120 million plot located in Miami on the site of the collapsed Surfside condominium . In 2022, Sajwani acquired the jeweler, De Grisogono , and announced two collaborative development projects in Dubai. In 2022, Hussain Sajwani began spearheading a new major venture through Edgnex, focusing on developing data centers across regions from Ireland to Tokyo . This strategic expansion includes
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2562-489: The city to service a larger and increasingly international population. Miami developed new businesses and cultural amenities as part of the New South in the 1980s and 1990s. At the same time, South Florida weathered social problems related to drug wars , immigration from Haiti and Latin America, and the widespread destruction of Hurricane Andrew . Racial and cultural tensions sometimes sparked, but Miami developed in
2623-519: The city's total population, 1.7% were German, 1.6% Italian, 1.4% Irish, 1.0% English, 0.8% French, 0.6% Russian, and 0.5% were Polish. In 2010, those of Asian ancestry were 1.0% of Miami's population. Of the city's total population, 0.3% were Indian / Indo-Caribbean (1,206 people), 0.3% Chinese/ Chinese Caribbean (1,804 people), 0.2% Filipino (647 people), 0.1% were other Asian (433 people), 0.1% Japanese (245 people), 0.1% Korean (213 people), and 0.0% were Vietnamese (125 people). In 2010, 1.9% of
2684-501: The date summer ended ranged from September 24 to November 1, with a median date of October 17. During summer, temperatures range from the mid-80s to low 90s °F (29–35 °C) and are accompanied by high humidity. The heat is often relieved in the afternoon by thunderstorms or a sea breeze that develops off the Atlantic Ocean. Much of the year's 61.9 inches (1,572 mm) of rainfall occurs during this period. Dew points in
2745-418: The first day that occurs, or within a few days later. Daily rainfall in Miami decreases sharply when the average daily dew point falls to 70 °F (21 °C) or below. In some years, a stalled front to the south of the Florida peninsula may cause rains to continue for a few more days. From 1956 to 1997, the date summer began ranged from April 16 to June 3, with a median date of May 21. In those same years,
2806-528: The former Coconut Grove Playhouse , CocoWalk , and the Coconut Grove Convention Center . It is home to many nightclubs , bars, restaurants, and bohemian shops, which makes it very popular with local college students . Coconut Grove is known for its many parks and gardens, such as Vizcaya Museum , The Kampong , The Barnacle Historic State Park , and numerous other historic homes and estates. The western side of Miami includes
2867-1049: The highest number since the 1980s. The non-Hispanic White population of Miami surpassed the non-Hispanic Black population of Miami in the 2010s. In 2010, 34.4% of city residents were of Cuban origin, 15.8% had a Central American background (7.2% Nicaraguan , 5.8% Honduran , 1.2% Salvadoran , and 1.0% Guatemalan ), 8.7% were of South American descent (3.2% Colombian, 1.4% Venezuelan , 1.2% Peruvian , 1.2% Argentine , 1.0% Chilean and 0.7% Ecuadorian ), 4.0% had other Hispanic or Latino origins (0.5% Spaniard ), 3.2% descended from Puerto Ricans , 2.4% were Dominican , and 1.5% had Mexican ancestry. In 2010, 5.6% of city residents were West Indian or Afro-Caribbean American origin (4.4% Haitian , 0.4% Jamaican , 0.4% Bahamian , 0.1% British West Indian , and 0.1% Trinidadian and Tobagonian , 0.1% Other or Unspecified West Indian ), 3.0% were Black Hispanics , and 0.4% were Subsaharan African origin. In 2010, those of (non-Hispanic white) European ancestry were 11.9% of Miami's population. Of
2928-514: The increase in prices for real estate at a higher elevation within the city compared to real estate at a lower elevation. Miami is the largest city in South Florida , the second-largest city in Florida , and is the anchor of the largest metropolitan area in Florida: the Miami metropolitan area , which has over 6 million residents. Despite Miami being home to less than a fourteenth (1/14) of
2989-449: The latter half of the 20th century as a major international, financial, and cultural center. It is the second-largest U.S. city with a Spanish-speaking majority (after El Paso, Texas ), and the largest city with a Cuban-American plurality. Miami and its suburbs are located on a broad plain between the Everglades to the west and Biscayne Bay to the east, which extends from Lake Okeechobee southward to Florida Bay . The elevation of
3050-423: The neighborhoods of Coral Way , The Roads , and Coconut Grove . Coral Way is a historic residential neighborhood built in 1922 between Downtown and Coral Gables , and is home to many old homes and tree-lined streets. Coconut Grove, settled in 1825, and annexed into Miami in 1925, is a historic neighborhood with narrow, winding roads and a heavy tree canopy. It is the location of Miami's City Hall at Dinner Key ,
3111-496: The neighborhoods of Little Havana , West Flagler , and Flagami . Although at one time a mostly Jewish neighborhood, today western Miami is home to immigrants from mostly Central America and Cuba . The west central neighborhood of Allapattah is a multicultural community of many ethnicities. The northern side of Miami includes Midtown , a district with a great mix of diversity ranging from West Indians to Hispanics to European Americans . The Edgewater neighborhood of Midtown
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#17327915047333172-494: The person's given name (s) to the link. Retrieved from " https://en.wikipedia.org/w/index.php?title=Sajwani&oldid=1129521876 " Category : Surnames Hidden categories: Articles with short description Short description is different from Wikidata All set index articles Monitored short pages Hussain Sajwani According to Forbes , as of August 2024, Hussain Sajwani
3233-555: The population considered themselves to be of only American ancestry (regardless of race or ethnicity), while 0.5% were of Arab ancestry, in 2010. Religion in the Miami Metro Area (2014) In a 2014 Pew Research Center study, Christianity was the most-practiced religion in Miami (68%), with 39% professing attendance at a variety of churches that could be considered Protestant , and 27% professing Catholicism . Followed by Judaism (9%); Islam , Buddhism , Hinduism , and
3294-403: The population of the metro area, it is an outlier compared to its neighbors, being nearly twice the size of the next-largest city in the metro: Hialeah . Miami has approximately a sixth of the population of its own county, Miami-Dade , which is the state's largest. Miami had rapid growth in the first half of the twentieth century. Its population grew from 1,681 in the 1900 census to 249,276 in
3355-468: The region, for which she became known as "the mother of Miami". Miami was officially incorporated as a city on July 28, 1896, with a population of just over 300. During the early 20th century, migrants from the Bahamas and African-Americans constituted 40 percent of the city's population. When landlords began to rent homes to African-Americans around Avenue J, what would later become NW Fifth Avenue,
3416-569: The southern portion of Florida. Alligators that live in the marshes have ventured into Miami communities and onto major highways. Miami is split roughly into north, south, west, and Downtown areas. The heart of the city is Downtown Miami , which is on the eastern side and includes the neighborhoods of Brickell , Virginia Key , Watson Island , and PortMiami . Downtown Miami is Florida's largest and most influential central business district, with many major banks, courthouses, financial headquarters, cultural and tourist attractions, schools, parks, and
3477-570: The warm months range from 71.9 °F (22.2 °C) in June to 73.7 °F (23.2 °C) in August. Historical temperature extremes range from 27 °F (−2.8 °C) on February 3, 1917, to 100 °F (38 °C) on July 21, 1942. While Miami has never recorded snowfall at any official weather station since records have been kept, snow flurries fell in some parts of Miami on January 19, 1977. The coldest daytime maximum temperature on record
3538-410: The winter. There are two basic seasons in Miami, a hot and wet season from May to October, and a warm and dry season from November to April. During the hot and wet season, daily thundershowers occur in the humid unstable air masses. The wet season in Miami is defined as the period during which the average daily dew point temperature is above 70 °F (21 °C). The rainy season typically begins on
3599-405: The world in both passenger traffic and cruise lines. The Miami metropolitan area is the second-most visited city or metropolitan statistical area in the U.S. after New York City , with over four million visitors in 2022. Miami has sometimes been called the "Gateway to Latin America" because of the magnitude of its commercial and cultural ties to Latin America . In 2022, Miami ranked seventh in
3660-547: Was a member of the Ku Klux Klan . Unsurprisingly, these officers enforced social codes far beyond the written law. Quigg, for example, "personally and publicly beat a colored bellboy to death for speaking directly to a white woman". The collapse of the Florida land boom of the 1920s , the 1926 Miami Hurricane , and the Great Depression in the 1930s slowed development. When World War II began, Miami became
3721-731: Was named one of the Middle East's future stars by the Arabian Business Achievement Awards 2017, organized by Arabian Business. His daughter, Amira Sajwani, is a graduate of University College London (UCL), where she majored in Project Management for Construction, and has a Masters in Finance from the London School of Economics (LSE). She serves as DAMAC's Managing Director of Sales and Development. Miami Miami , officially
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