Rizwan Sajan is a prominent Indian-origin billionaire and businessman in the UAE and Gulf region. He is the founder and chairman of the Danube Group, a major conglomerate in the region with operations in multiple sectors like building materials, real estate, home furnishings and more. Born on 27th December 1963 in Mumbai, Rizwan Sajan lost his father at the tender age of 16 and was forced to shoulder the financial responsibilities of his family by selling books, milk and firecrackers on the streets. In the year 1981, he moved to Kuwait and joined his uncle’s building materials store as a trainee salesman. He started earning a decent amount of money but was forced to return to India when Saddam Hussain invaded Kuwait.
Rizwan Sajan arrived in Dubai in the year 1993 and founded Danube Group as a small trading firm focused on building materials. Over the years, the company expanded beyond UAE into a vast network serving customers across Gulf, Asia and Africa, including countries like India, Saudi Arabia, Bahrain, Oman, Qatar and China. Sajan ventured into real estate with the founding of Danube Properties in the year 2014. He innovated the famous 1% payment plan, which made high-end homes accessible to the people and revolutionised Dubai’s property market. Under his leadership, Danube Group entered the sanitary solutions market with the launch of Milano in 2006, followed by home furnishings with the launch of Danube Homes in 2008.
Rizwan Sajan is among the richest persons of Indian origin in Dubai. He was ranked 12th in the list of Top 100 Indian Leaders in the UAE by Forbes.
| Net Worth | $2.5 billion |
| Age | 62 |
| Wife | Sameera Sajan |
| Son/Daughter | Adel Sajan |
| Company Founded/Owned | Danube Group |
Income Source
Rizwan Sajan earns most of his income through his position as founder and chairman of Danube Group, a diversified multinational conglomerate. His income is mainly driven by profits, dividends and equity appreciation from owning and scaling Danube Group.
Real estate development through Danube Properties is the flagship driver of his personal wealth. In the first 9 months of 2025 alone, Danube Properties reported sales of around AED 13.4 billion.
Building materials trading and supply is another major segment contributing to his wealth. Danube Building Materials supplies building materials in numerous countries in Gulf, Asia and Africa.
Assets & Investments
Net Worth of Rizwan Sajan is approximately USD 2.5 billion. His major asset is the Danube Group, a conglomerate present in 70 locations across 10 countries. Danube Group’s annual turnover is estimated to be around AED 5.18 billion. Sajan’s investments are primarily in EdTech and FinTech in India.
