Dwight Schar Net Worth

Dwight Schar has an estimated net worth of $2.5 billion, according to Forbes Real-Time Billionaires, Dwight Schar profile (figures as of October 20, 2026). That is up from $1 billion in 2010.

Dwight Schar is an American businessman best known for building NVR into a major homebuilder. He started in the industry at Ryan Homes in 1968 and worked on land acquisition, development, and later the Washington, D.C., operation. In 1980, he launched NVHomes. That set up the deal that made him a bigger name in housing when his company bought Ryan Homes in 1987 and the combined business became NVR.

Most of Schar's wealth comes from homebuilding and related stock sales. He is chairman of Virginia-based NVR, which Forbes says is one of the largest homebuilders in the United States, with nearly $9 billion in annual revenue. NVR went through bankruptcy in 1992 and recovered in 1993, then expanded its reach. Forbes says the company now builds homes in 15 states. Schar also owned a minority stake in Washington's NFL team from 2003 to 2021.

How Dwight Schar built his fortune

Schar made his name in housing. After working at Ryan Homes, he started NVHomes in 1980. In 1987, he used heavy borrowing to buy Ryan Homes, his former employer and a competitor, and the combined company became NVR. He later led NVR as CEO until 2005 and stayed on as chairman until 2022. Forbes says NVR grew into one of the country's largest homebuilders and now operates across 15 states.

His money also comes from ownership stakes and stock sales. Forbes says Schar has sold over $1 billion of NVR stock since 2003. That gave him another major source of cash beyond his role at the company. He also bought a minority share of Washington's NFL team in 2003 for $200 million. Forbes says he sold that stake in 2021 for approximately $320 million.

Forbes net worth and other money moves

Forbes has tracked Schar as a self-made billionaire tied to homebuilding and an NFL team investment. On the Forbes World's Billionaires List, his net worth was $1 billion in 2010, then $1.9 billion in 2022 and again in 2023. It rose to $2.6 billion in 2024. Forbes currently puts him at $2.5 billion on its real-time billionaires tracker as of October 20, 2026.

The main driver behind that wealth is NVR's scale. Forbes says the Virginia-based company brings in nearly $9 billion in annual revenue, which helps explain why homebuilding remains the center of Schar's fortune. His Washington team investment added another profitable exit, and his long history of stock sales provided additional liquidity. Before business, he worked as a junior high school teacher, then moved fully into home sales and development.