How Rizwan Sajan built a ₹20,000 crore empire from nothing

How Rizwan Sajan built a ₹20,000 crore empire from nothing

From Mumbai’s crowded lanes to Dubai’s skyscrapers, Rizwan Sajan’s ₹20,000 crore empire proves that resilience, timing, and relentless drive can turn tragedy into triumph.

Business Today Desk
  • Nov 6, 2025,
  • Updated Nov 6, 2025 11:44 AM IST
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Rizwan Sajan’s empire began in a cramped Ghatkopar lane, where a teenage boy—grieving his father’s death—turned ₹6,000 savings into a small file-making business to keep his family afloat.

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At 18, his uncle’s offer to work in Kuwait changed everything. From ₹6,000 to ₹18,000 a month, he climbed from salesman to manager, earning more in commissions than he’d ever imagined possible.

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Then came August 1990. Saddam Hussein’s invasion of Kuwait wiped out his savings and forced him back to Mumbai overnight — penniless again, but armed with experience and grit.

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Landing in Dubai with just a few thousand dirhams, Sajan founded Danube Group in 1993 — a tiny brokerage trading in building materials that would soon grow into a multi-billion-dollar empire.

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As Dubai rose from desert to skyline, Danube supplied its bones — steel, tiles, panels. Sajan’s relentless hustle aligned perfectly with the city’s construction boom of the early 2000s.

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His 2014 “1% plan” disrupted real estate by letting buyers pay small monthly instalments instead of lump sums — turning thousands of renters into homeowners and rewriting Dubai’s property model.

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Today, the Sajan empire runs like clockwork. Son Adel manages expansion, brother Anil oversees operations — a home-grown dynasty blending Indian work ethic with Gulf ambition.

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In 2019, the UAE awarded him the 10-year Golden Visa for his contribution to the nation’s economy — cementing his legacy as the richest Indian in the Emirates.

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Through the Danube Welfare Society, he funds free training for blue-collar workers — a tribute to his roots and a reminder that success means nothing if it doesn’t uplift others.

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