Dwight Schar: Dwight Schar Net Worth, Biography, Age, Spouse, Children & More

About Dwight Schar

American entrepreneur Dwight Schar, known as the founder of NVR, Inc., one of the largest homebuilders in the U.S., and a notable figure in political fundraising, has impacted various sectors. A former educator from Ohio, Schar started NVHomes in 1980, which became NVR after acquiring Ryan Homes. Despite a setback with bankruptcy in 1992, he has also been a significant Republican supporter, with vast contributions to campaigns and national politics. Schar's dedication extends to philanthropy, with substantial donations to education and healthcare institutions, including a $50 million contribution to Inova Fairfax Hospital.

Born

February 08, 1942 in Ohio

Age

84 years

Source Of Wealth

Homebuilding, NFL Team

Industries

Construction & Engineering

Citizenship

United States

Residence

Palm Beach, Florida

Education

Bachelor of Arts/Science, Ashland University

Spouse

Martha

Dwight Schar was born and raised in rural northeast Ohio. He graduated from Norwayne High School in 1960 and went on to attend Ashland University, where he majored in education and graduated in 1964.

Dwight Schar: Family

Information about Dwight Schar's family is not provided in the given context.

Dwight Schar: Career Highlights

After graduating from college, Schar started teaching but also sold homes on weekends. He eventually left teaching to focus on home building. In 1980, he founded NVHomes, which acquired his former employer Ryan Homes in 1987. The company was renamed NVR.

Dwight Schar: Companies

Dwight Schar is the founder of NVR, Inc., the third-largest home builder in the United States. He currently serves as the Executive Chairman and Chairman of the Executive Committee at NVR.

Dwight Schar: Major Achievements

Despite facing significant challenges, including a Chapter 11 bankruptcy filing in 1992, Schar led NVR to become one of the most successful home building companies in the country.

Dwight Schar: Awards & Achievements

Information about Dwight Schar's awards and achievements is not provided in the given context.

Dwight Schar: Personal Life & Legacy

Schar has been actively involved in politics as a financial supporter of the Republican Party and various candidates. He was a minority owner of the Washington Commanders (formerly known as the Redskins) from 2003 to 2021.

Dwight Schar: Trivia

In 2006, Schar donated $5 million to his alma mater, Ashland University, for a new education building named after him. He has also made significant donations to George Mason University and Inova Fairfax Hospital.

Wealth History

Timeline

1960

Graduated from Norwayne High School.

1964

Graduated from Ashland University with a major in education.

1980

Founded NVHomes.

1987

Acquired former employer Ryan Homes and renamed the company to NVR.

1989

Backed Virginia Republican gubernatorial candidate Marshall Coleman.

1992

NVR lost billions and filed for Chapter 11 bankruptcy.

2000

Donor and major fundraiser for Bush-Cheney presidential campaign.

2003

Purchased a minority share of the Washington Redskins (now Commanders).

2004

Donor and major fundraiser for Bush-Cheney presidential campaign.

2006

Donated $5 million to alma mater Ashland University for a new education building, named after him.

2010

Donated $10 million to George Mason University's school of policy, renamed Schar School of Policy and Government.

2021

Sold stake in the Washington Commanders.

2022

Donated $50 million to Inova Fairfax Hospital for a pediatric oncology-focused cancer treatment center, named Inova Schar Cancer Institute.

Dwight Schar : FAQs

What is Dwight Schar's current net worth?

Dwight Schar's current net worth is $2.52 billion.

What is Dwight Schar's current global rank among billionaires?

Dwight Schar holds the 1606th position globally among billionaires.

What is Dwight Schar's current ranking within the United States?

Dwight Schar holds the 556th position in United States.

What was the change in Dwight Schar's net worth compared to the previous year?

Dwight Schar's net worth decreased by 7.47 million dollars compared to the previous year 2025, when his net worth was 2.53 billion dollars.

What are Dwight Schar's main sources of wealth?

Dwight Schar's main source of income comes from Homebuilding, NFL Team.

In which industry does Dwight Schar primarily operate?

Dwight Schar is primarily involved in the Construction & Engineering industry.

What is Dwight Schar educational background?

Dwight Schar holds a Bachelor of Arts/Science from Ashland University.

How old is Dwight Schar?

Dwight Schar is 84 years old.

How many children does Dwight Schar have?

Dwight Schar has 3 children.

Who is Dwight Schar and what is he known for in business?

Dwight Schar is an American businessman, recognized as the founder of NVR, Inc., the third-largest home builder in the United States, and serves as the Executive Chairman and Chairman of the Executive Committee at NVR.

What is Dwight Schar's connection to the NFL and politics?

Dwight Schar was a minority owner of the Washington Commanders, an NFL team, from 2003 to 2021 and served as the financial chairman for the Republican National Committee, actively supporting Republican campaigns.

What major challenges did Dwight Schar face with his company NVR?

Dwight Schar's company NVR faced significant financial turmoil, losing billions and filing for Chapter 11 bankruptcy in 1992.

How has Dwight Schar contributed to philanthropy?

Dwight Schar has donated generously to educational and medical institutions, including a $5 million donation to Ashland University, a $10 million donation to George Mason University, and a $50 million donation to Inova Fairfax Hospital for a pediatric oncology-focused cancer treatment center.