Rizwan Sajan is a famous and highly renowned Indian billionaire businessman, born in Mumbai. Currently, he is based in UAE and is the Chairman and founder of the Danube Group.
Who is Rizwan Sajan?
Rizwan Sajan is a famous Indian billionaire businessman based in UAE. He was born on 27 December 1963 in Mumbai, Maharashtra India. Sajan’s early days passed in a middle-class family. However, at the age of 12, he lost his father.
Thus, he sold fireworks and books to support his family. He migrated to Kuwait at 18 years old in the search for a job. However, in 1991 he returned to Bombay post-Kuwait war. In 1993, he moved to Dubai and worked at a hardware store.
Along with Sameera Sajan, his wife, he started his own business. His wife was his first employee. In 1993, ‘Danube’ was established as a small trading firm.
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Rizwan Sajan’s Business Empire
In 1993, Rizwan Sajan started his company with the name, ‘Danube’ in the UAE. He started by investing a few thousand dirhams in a small trading firm and currently the company is generating revenue close to AED 5.13 billion.
Rizwan’s clear vision expanded his business empire beyond the UAE to Africa, Asia, and Gulf nations as well. The company is also present in China, India, Qatar, Saudi Arabia, Oman, and Bahrain.
As per Sajan, “The UAE was, and will remain a land of opportunity, and has attracted international talented professionals and entrepreneurs from all over the world. This has helped us foreigners not only develop ourselves but also contribute to the UAE’s society and economy.”
As part of corporate social responsibility plans, Rizwan Sajan has also founded the Danube Welfare Society. The Welfare Society provides free training courses to unskilled workers so that people can develop their careers by improving their language skills.
What is Rizwan Sajan’s Net Worth?
As per the United Arab Emirates’ Ministry of Economy, Rizwan Sajan is ranked in the ‘Top 100 Indian leaders in the UAE.’ Moreover, the same source claims that Rizwan Sajan’s Net Worth currently is $2.5 billion. Rizwan being the founder of Danube Group has earned an opulent wealth.
Rizwan Sajan is the chairman of the Danube Group. The annual turnover of Rizwan is $1.3 billion approximately. Thus, his main income source is his company, Danube Group.
His company includes the UAE-based affordable housing pioneer Danube Properties, the complete home solution brand Danube Home, and the famous building materials company.
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|Founder of Danube Group
|27 December 1963
|Mrs. Sameera Sajan