Hussain Sajwani Unveils $20 Billion U.S. Data Center Investment Plan

Hussain Sajwani, the Emirati billionaire and founder of DAMAC Properties and DAMAC Group, has announced a monumental $20 billion investment in the U.S. data center industry over the coming years. Known for his real estate empire and private investment ventures, Sajwani’s latest move signals a major shift towards technology infrastructure, underscoring the increasing demand for data storage and processing capabilities in the digital era.

Ranked among the wealthiest Arabs by Forbes with a net worth of $5.1 billion as of August 2024, Sajwani is a prominent global businessman. His close association with American president Donald Trump has often placed him in the spotlight, particularly for joint ventures in luxury property development.

This significant investment highlights a broader trend of global interest in U.S.-based technology infrastructure, positioning DAMAC Group as a key player in shaping the future of the data center market.

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