Dwight Schar Net Worth, Yacht, Daughter, House, Family, and Age

Dwight Schar Bio | Wiki

Dwight Schar is a prominent American businessman. He is the founder of a Fortune 500 company, NVR, Inc. It is the third-largest home builder (by revenue) in the United States.

Currently, Dwight serves as the Chairman of the Executive Committee and the company’s Executive chairman. From 2003 to 2021, he was also a minority owner of the Washington Commanders of the NFL and the former financial chairman for the Republican National Committee.

Dwight Schar Age

He was born in 1942 in Ohio, United States. Dwight is 81 years old.

Dwight Schar Height

He is a man of average stature. Dwight stands at a height of 5 ft 10 in ( approx. 1.78m ).

Dwight Schar Photo
Dwight’s Photo

Dwight Schar Family

He was born in Ohio, United States to a loving father and a caring mother. Dwight grew up in rural northeast Ohio. However, he has kept confidential salient intel with reference to his devoted parents or whether he has any siblings.

Dwight Schar Wife

He is a married man. Dwight is blissfully hitched to his loving and caring wife Martha. As a couple, they reside together in their home in Palm Beach, Florida, USA.

Dwight Schar Daughter

He is the father of a daughter named Tracy. In 1990, she joined the Comstock organization. Tracy has held various management positions during her tenure with Comstock Holding Companies®, Inc. (NASDAQ: CHCI). Her responsibilities included product design, project marketing and branding, and corporate marketing and branding. Dwight is also the father of his sons Spencer and Stuart.

Dwight Schar Education

He attended Norwayne High School and graduated with a diploma in 1960. Later, Dwight matriculated at Ashland University (then Ashland College located in Ashland, Ohio. There, he graduated with a Bachelor of Arts Degree in Education in 1964.

Dwight Schar Yacht | Bella Vita Yacht

He owns a yacht. Dwight is the owner of the yacht called BELLA VITA yacht. The luxury yacht was built by Lurssen, a German shipyard headquartered in Bremen-Vegesack. Furthermore, it boasts smooth, curving lines throughout. Moreover, BELLA VITA can accommodate 12 guests in 6 cabins and an additional 15 crew. This is to ensure every guest’s needs are taken care of. Also, every room has a fully-equipped entertainment system, a safe, a mini-fridge, individual temperature control, and an en suite bathroom.

Dwight Schar House | Home

He bought the half-acre estate in Palm Beach, Florida for $11.5 million in 2013. The house spans 8,100 square feet, with one half-bathroom, six bathrooms, and five bedrooms. Furthermore, the property includes a sprawling lawn that faces the Atlantic Ocean and a pool. Dwight sold the property for $45 Million.

However, he purchased another estate at 460 Worth Avenue in Palm Beach, FL for $46.4 million in March 2023. The waterfront property spans 0.4 acres and faces Lake Worth. Also, the 6,500-square-foot house has four bathrooms and was built in 1991. However, it is not known how many bedrooms the home has.

Dwight Schar NVR

He started teaching after graduating from Ashland in 1964. Dwight had a job selling homes on the weekends. Soon, he left teaching to pursue a career in homebuilding. Dwight founded his own company in the year 1980 titled NVHomes. Eventually, it acquired his previous employer Ryan Homes. Furthermore, the company was thus renamed NVR in the year 1987. Five years later in 1992, it lost billions of dollars and was forced to declare Chapter 11 bankruptcy.

Bella Collina Dwight Schar

Florida’s real estate market was thriving. Casual spectators, however, would not be able to tell from the Florida ghost town of Bella Collina. The ghost town homeowner Don Juravin claims that the neighborhood is a disaster and that Bella Collina Real Estate is solely purposelessly promoting pushy sales.

Paul Simonson, whom Dwight appointed in charge, selected Randall Greene to carry out the dirty work on those who dared to defend their rights. Bella Collina is a failed community as a result. As if that weren’t enough, Spencer Schar, a young man with little managerial experience, was given the position by Dwight.

Dwight Schar Salary

He spawns his monthly earnings working as the Executive Chairman and Chairman of the Executive Committee of NVR. Dwight pockets an estimated salary of $1.5 million annually.

Dwight Schar Net Worth

Having been working as a businessman by profession for a total proficiency exceeding more than four decades now, he has managed to garner good affluence in his career thus far. Dwight’s net worth is $2.5 Billion.

Who Is Dwight Schar

He is an 81-year-old prominent American businessman and founder of a Fortune 500 company, NVR, Inc. It is the third-largest home builder (by revenue) in the United States.

How Old Is Dwight Schar

He is 81 years old. Dwight was born in 1942 in Ohio, United States. However, he has kept his date of birth confidential despite being in the limelight. As a result, we can hardly state when Dwight relishes and commemorates his birthday.

How Tall Is Dwight Schar

He is a man of average stature who stands at a height of 5 feet 10 inches, approximately 1.78 meters.