Dwight Schar House
He lives with his wife Martha Schar in a large oceanfront house in Palm Beach, Florida.
Palm Beach, Florida, is a coveted residential area that draws billionaires from around the world with its stunning landscape, exclusive properties, and unmatched lifestyle amenities. This idyllic town is situated on a barrier island, offering stunning oceanic views and pristine beaches that epitomize luxury living. Notably, Palm Beach is home to some of the most valuable real estate in the country, with its magnificent oceanfront estates and palatial mansions.
Billionaires are attracted to the area not only for its sheer beauty and luxurious properties, but also for Florida’s advantageous tax laws. The state levies no personal income tax, estate tax, or inheritance tax, making it financially attractive for high net-worth individuals. Additionally, the island offers high-end dining, world-class golf courses, exclusive clubs, and upscale boutiques, providing a lifestyle befitting the world’s wealthiest.
Moreover, Palm Beach offers a high level of privacy and security, making it a preferred location for those desiring seclusion from the public eye. With its close proximity to international airports and private jet facilities, it also offers easy connectivity for global businesspersons. Lastly, the island’s rich cultural scene, with art festivals, charity events, and polo matches, further elevates its status as a billionaire’s paradise. In essence, Palm Beach embodies an extraordinary blend of luxury, privacy, and financial benefits that make it a favored destination among the world’s richest.
Schar Yacht Bella Vita
He is the owner of the yacht Bella Vita. In 2020 he swapped yachts with George Argyros, as he considered his yacht too large. Argyros was searching for a larger yacht. Argyros’ Huntress became Bella Vita and Schar’s Bella Vita became Huntress.
The Bella Vita yacht, formerly known as Solemates and Huntress, was initially built for Reebok founder, Paul Fireman.
The yacht runs on 2 Caterpillar Marine Engines, achieving a top speed of 15.5 knots and cruising speed of 12 knots.
Bella Vita provides luxury accommodation for 12 guests, serviced by a crew of 15.
We have not yet been able to identify his private jet. But please do send us a message if you have information about his business jet. The photos hereunder are just samples of some of the most successful private jets on the market.