Who Is Hussain Sajwani, the Developer Behind Trump’s $20 Billion Data Center Pledge?

Published On Jan 8, 2025, 4:39 PM

Hussain Sajwani, founder of DAMAC Properties, announced a $20 billion investment in the U.S. during a recent event with President-elect Donald Trump. This investment aligns with Sajwani's plan to diversify into the data center market, driven by growing demand for cloud computing and AI. The partnership with Trump, which has generated significant revenue for the Trump Organization over the years, raises questions about potential conflicts of interest as Trump retains control of his real estate business while preparing for his second term.

Stock Forecasts

Related News