Hussain Sajwani’s Massive Gains from AI Investments
Hussain Sajwani, the founder and chairman of Damac Properties, has revealed that his strategic venture into artificial intelligence has yielded returns that dwarf his decades of work in real estate. Speaking at the Bloomberg Invest Dubai forum, the billionaire noted that his investment in Anthropic—an AI startup founded by former OpenAI researchers—generated wealth in less than two years that matches what he accumulated over his entire 30-year career. Alongside his stake in Anthropic, Sajwani’s portfolio includes high-profile companies like OpenAI, SpaceX, and xAI, all of which are contributing significantly to his growing fortune.
Beyond his direct financial bets on AI firms, Sajwani is aggressively expanding his business into the infrastructure side of the technology boom. Through Damac Digital, he is currently developing an extensive global network of data centers, with projects underway in 14 countries, including major investments in the United States, Europe, and Australia. While some analysts worry about a potential AI bubble, Sajwani remains optimistic about the sector's long-term trajectory. He believes that while market corrections are a natural part of any industry’s evolution, the sheer demand for data capacity suggests that his multibillion-dollar commitment to global digital infrastructure is well-founded.