Dwight Schar

Dwight Schar is an American businessman and philanthropist. He is the founder of NVR, Inc., a Fortune 500 company that is the third-largest home builder (by revenue) in the United States. He currently serves as the company's Executive Chairman and Chairman of Executive Committee. Schar is also a part-owner of the Washington Redskins football team, and the former Finance Chairman for the Republican National Committee. He lives in McLean, Virginia and Palm Beach, Florida.

Background

Dwight Schar grew up in rural northeast Ohio and graduated from Norwayne High School in 1960. He then attended Ashland University (then Ashland College) in Ashland, Ohio, where he majored in education. After graduating from Ashland in 1964, Dwight began teaching, and on the weekends, he had a job selling homes. Schar soon left teaching to pursue a career in home building. In 1980, Schar founded his own company, NVHomes, which eventually acquired his former employer, Ryan Homes, in 1987; the company was thus renamed NVR. Today, NVR is the corporate umbrella under which NVHomes, Ryan Homes, Fox Ridge Homes, Rymarc Homes, Heartland Homes, and NVR Mortgage operate.