Meet richest Indian in Dubai, once lived in slums, sold books on roads, his net worth is Rs .., business is…

New Delhi: The Crown Prince of Abu Dhabi Sheikh Khalid bin Mohammed bin Zayed Al Nahyan’s visit to India is significant in several aspects. Relations between the United Arab Emirates (UAE) and India will consolidate further at the diplomatic level as well as person-to-person interaction. This has the potential to cascade to the common citizens of both countries who can achieve a lot in their endeavours to make it big in the market.

Who is Rizwan Sajan

One such individual from India is instance is Rizwan Sajan. Who is Rizwan Sajan and why is he a personality to reckon with?

Rizwan is reportedly the richest Indian in Dubai today. Dubai is synonymous with the most classy, elegant, elite, and expensive lifestyle of the selected few who have made the city their home or frequent it to live ultra-rich life.

Given that this UAE city is the hub of everything that is happening, Rizwan holds a distinctive, dynamic position, and it is a very special achievement for someone born in a slum area of Mumbai, India.

Slumdog to billionaire

The very mention of slums creates a physical description of the shanties. He spent his childhood in the slum area of ​​Ghatkopar, Mumbai and spent his childhood there. But he did not allow the environment to dishearten or depress his vibrant spirit.

On the contrary, he developed the wings of passionate fire that would one day make him land in the real, hard, and concrete world of real estate and that too in arguably the richest city in the world, Dubai, home to the world’s tallest building, Burj Khalifa.

At present, Dubai is the hot and happening pivot in terms of property and real estate.

Richest Indian in Dubai

Coming back to Rizwan Sajan, the richest Indian in Dubai today, it is what fairytales are made of. The proverbial rags to riches.

He had to slog and push beyond limits to stand out from the crowd.

Rizwan is the founder and chairman of the Danube Group which is involved in the businesses of construction, home décor, and real estate.

It has branches spread across countries like UAE, Oman, Saudi Arabia, Qatar, India etc. Rizwan, who once worked as a salesman, is today worth more than Rs 20 thousand crores. According to Forbes, the annual turnover of his business is more than 2 billion dollars (about Rs 17 thousand crores).

When his father won a lottery

Rizwan told Forbes that his father had won a lottery and after that, they moved to a small house.

He had to walk several km to school with his sister. He did not get enough money to buy anything and eat from the school canteen. That is when he decided that he would focus on earning money.

Started business by borrowing money from father

Rizwan borrowed Rs 1000 from his father, bought some books in bulk, and sold them to his friend at market rate thereby earning some profit.

After this, he also started selling milk, rakhis, crackers etc. His father died when he was 16 years old and Rizwan had to leave his studies.

Moving to Kuwait

About two years after his father’s death, his uncle offered him a job in Kuwait. While in Mumbai he was earning Rs 6 thousand per month while in Kuwait his salary was 150 dinars (about Rs 18 thousand).

Rizwan says that it was like playing a lottery for him. He started working in Kuwait. Here he was a trainee salesman. Gradually both position and salary increased. In the year 1993, he established a trading firm. After this, there was no looking back.

Entry into real estate

According to Forbes, Rizwan entered the world of real estate in the Middle East in 2014. It has so far started more than 25 residential projects in the UAE. There are more luxury projects among these.

Among the properties that Indians are buying in Dubai, there are a significant number of projects related to Rizwan’s company. Rizwan plans to launch a luxury affordable plan with a one per cent payment plan every month.