Dwight Schar: A Real Estate Tycoon with a Heart of Gold

Building a Fortune and Making an Impact

Dwight Schar, the founder and former CEO of NVR, Inc., has built a massive fortune in real estate while simultaneously leaving a significant philanthropic mark on his community and beyond.

The Real Estate Mogul

Schar’s business empire began with his establishment of NVHomes in the early 1980s. In a bold move, he acquired Ryan Homes, a major rival, in 1987, creating NVR, which has grown to become one of the largest homebuilders in the United States. Schar’s keen eye for investments and strategic leadership have resulted in NVR generating billions in annual revenue.

A Generous Heart

Beyond business, Schar has been a generous philanthropist, supporting various educational institutions and healthcare initiatives. His alma mater, Ashland University, has been the recipient of significant donations, including the lead gift for the Dwight Schar College of Education. Schar has also made substantial contributions to George Mason University and Inova Health System, including a $126 million donation to fund a new medical campus.

Investing in the Community

Schar’s passion for giving extends beyond financial contributions. He has actively supported organizations that aid the underserved, including the United Way, the American Cancer Society, and the National Jewish Health Foundation.

Legacy of Success

Schar’s business acumen and philanthropic efforts have earned him accolades and recognition. He has been named one of the nation’s most influential real estate leaders and has received numerous awards for his contributions to the industry and his community. His legacy will continue to inspire future generations of entrepreneurs and philanthropists.