P aul Saville is an American real estate billionaire who built his fortune in the homebuilding industry. He is the longtime executive chairman of the board of NVR, Inc., one of the largest and most consistently profitable homebuilders in the United States. NVR operates under several well-known brand names, including Ryan Homes, NVHomes, and Heartland Homes. After a career in accounting, he joined what would become NVR in the 1980s and rose through the ranks to become the company's CEO, a role he held for many years.
He is the architect of NVR's unique and highly successful business model, which has set it apart from its competitors. NVR operates on an 'asset-light' model, where it does not engage in land development itself. Instead, it secures the rights to buy finished lots from land developers through options contracts. This strategy significantly reduces the company's risk and capital requirements, which has allowed it to generate industry-leading returns and navigate housing downturns more successfully than its peers. His large stake in the company he was instrumental in building is the source of his billion-dollar fortune.
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Paul C. Saville is an American businessman, the self-made billionaire Former CEO and Executive Chairman of NVR, Inc. (NYSE: NVR), one of the largest residential homebuilders in the U.S. East Coast. His career is rooted in construction, finance, and strategic corporate restructuring.
Saville holds a B.S. in Commerce from the University of Virginia (UVA) and an MBA from UVA's Darden Graduate School of Business. His philosophical approach centers on scale, risk management, and capital efficiency (NVR is famous for its land-light business model to minimize exposure to real estate market volatility).
Paul Saville's strategic genius was his commitment to the land-light model. He joined NVR in 1981 and rose to CEO in 2005, successfully guiding the company through the 2008 housing crisis by minimizing land exposure. NVR's strategy involves optioning land rather than owning it outright, a structural innovation that protects the company during market downturns. His structural contribution is immense: pioneering a financially disciplined, high-return model in the historically volatile housing industry.
He retired as CEO in 2022, remaining Executive Chairman. His wealth is secured by the colossal, long-term, stable profitability of the U.S. residential construction sector (a reflection of NVR's superior stock performance).
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Joins NVR, Inc. (Corporate Entry).
Becomes CEO of NVR (Executive Ascent).
Guides NVR successfully through the U.S. housing crisis (Corporate Apex).
Retires as CEO, remaining Executive Chairman (Executive Transition).
Continues as Executive Chairman, guiding the massive construction giant (Executive Oversight).
Paul Saville's wealth is concentrated in his retained equity stake and continued executive leadership of the publicly traded construction giant, NVR, Inc. (NYSE: NVR), and his private investments.
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Paul Saville's social impact is structural, stemming from NVR's role in providing essential housing infrastructure across the U.S. East Coast. His commitment to low-risk financial management ensured the company's stability during major economic crises, preserving thousands of jobs. His personal philanthropy supports various community and educational initiatives (including his commitment to UVA's Darden School of Business).
His structural contribution is tied to the successful industrialization and scale of the U.S. residential construction sector.
Paul Saville maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the high-stakes construction sector.
Residing in Reston, Virginia, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, financial governance, and the long-term stewardship of the NVR empire.
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This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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