Dwight Schar’s profile picture

Dwight Schar

Dwight Schar’s profile picture
Net worth 2018: $1 Billion
Industry: Sports
Country: United States
BirthDay: 1942
Children: 3
Education: Bachelor of Arts / Science, Ashland University
BIOGRAPHY

Dwight Schar was bornon 1942 in United States. Raised in Ohio, worked nights at a pipe-fitting factory to pay for classes at Ashland College. Became a junior high school teacher, moved to real estate. Bought land for Ryan Homes; quit to branch off on own. Founded NVHomes 1979; took public 1986. Borrowed big to buy former employer Ryan Homes same year. Filed for bankruptcy 1992, recovered. Has netted hundreds of millions from stock sales since mid-1990s. Owns minority stake in pro football's Washington Redskins. Bought Ronald Perelman's Palm Beach property for $70 million in 2004.

NET WORTH STATISTIC
2010

$1 Billion

2018

$1 Billion

TIMELINE
2016

In May 2016, it was announced that the George Mason University School of Policy, Government, and International Affairs had received a $10 million gift from long-time Mason supporter Dwight C

2015

In May 2015, Dwight and Martha Schar donated $50M, which is the single largest gift to a health-related organization in the mid-Atlantic states

2011

In 2011, Schar once again donated at least another $800,000 to his high school, Norwayne High School, to update the auditorium, putting in the latest lighting and sound technologies

2009

In 2009 Schar again made a $7 million donation towards the new Ashland University on-campus football, track & field and Soccer facilities, named appropriately "Dwight Schar Athletic Complex"

2006

In 2006, he donated $5 million to his alma mater, Ashland University, to help fund the construction of their new education building

2004

In 2004, Schar donated $200,000 to Norwayne High School, his former high school in Creston, OH to go toward the construction of a new track, football stadium, and scoreboard

2000

In the 2000 campaign, Schar was a Bush “pioneer”, the distinction given to those committed to raising $100,000 or more for the campaign

1980

In 1980, Schar founded his own company, NVHomes, which eventually acquired his former employer, Ryan Homes, in 1987; the company was thus renamed NVR

1964

After graduating from Ashland in 1964, Dwight began teaching, and on the weekends, he had a job selling homes

1960

Dwight Schar grew up in rural northeast Ohio and graduated from Norwayne High School in 1960

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