Who is Dwight Schar?
Dwight Schar is the founder of NVR. He was born on February 8, 1942. He is married to Martha Schar.
NVR is active in home construction. It was founded by Schar in 1980 as NVHomes. During the years NVR acquired several companies, including Ryan Homes and Heartland Homes.
The company has more than 5,500 employees and is now the 4th largest home construction company in the United States.
NVR is building more than 15,000 homes per year. In 2018 it realized revenues of more than $7 billion.
Schar is a shareholder is the Washington Football Team (formerly known as the Washington Redskins). His c0-shareholder Dan Snyder is the owner of the yacht Lady S.
Dwight Schar Net Worth
His net worth is estimated at $1 billion. In 2020 Schar sold shares worth $32 million. He still owns 40,000 shares of NVR, according to the most recent SEC filing. These shares have a market value of more than $160 million.
In 2006, he donated $5 million to Ashland University, to help fund the construction of their new education building. The university named the new building “Dwight Schar College of Education” in his honor.
He also donated to the George Mason University to form the Schar School of Policy and Government.
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