D wight Schar is a self-made American billionaire and the founder of NVR, Inc., one of the largest homebuilding companies in the United States. He started his career by founding his own homebuilding company, which he later merged with another to form NVR. He built the company into a national powerhouse, known for its brands like Ryan Homes and NVHomes.
Schar is known for his innovative and disciplined approach to the notoriously cyclical homebuilding industry. He pioneered a business model that minimized land ownership risk by optioning lots from developers rather than buying them outright, which has helped NVR to be consistently profitable, even during downturns. He served as the company's CEO for many years and remains its chairman. He is also a former part-owner of the NFL's Washington Commanders and a major philanthropist, particularly for education and healthcare.
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