Once lived in a slum, now has a net worth of Rs 1139 crore in Dubai...
india-news Jul 20 2024
Author: Roshni Tamta Image Credits:Twitter
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Meet Rizwan Sajan
Rizwan Sajan is a real estate mogul in Dubai with a net worth of Rs 1139 crore or $1.38 billion. His journey from the slums of Mumbai to being a billionaire is moving.
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Early life of Rizwan Sajan
Rizwan hails from the streets of Ghatkopar, Mumbai. His family struggled to make ends meet and faced several financial setbacks. The kids had a pocket money of Rs 15.
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Childhood struggles
Rizwan started selling school books to contribute to the family income. He later started delivering milk and selling festival goods. However, things changed when is father died.
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Responsibilities
After the death of his father, Rizwan became responsible for the family at the young age of 16. From his father's savings, he started a box file manufacturing business.
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A lucky chance
He got his lucky chance when his uncle offered him a job in Kuwait. He took the offer and had a starting salary of 150 Dinars which grew with time.
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Another setback
From the new job, he lifted his family out of poverty and got a house in Bandra and got his sister married. But things changed after the Gulf war in 1990. He came back home.
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Starting again
Sajan decided to relocate to Dubai in 1993. He started a trading firm and ventured into different businesses such as sanitary solutions, business materials, and more.
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Finding success
Sajan launched Danube Properties in 2014 which offered a 1% monthly payment plan. This led to the success of his company and solidified him as a real estate tycoon.