Dwight Schar

Dwight Schar is an American businessman. 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 was also a minority owner of the Washington Commanders of the National Football League from 2003 to 2021, as well as the former financial chairman for the Republican National Committee. Background 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. NVR lost billions of dollars and was forced to declare Chapter 11 bankruptcy in 1992. Political involvement Along with his involvement in the Republican National Committee, Schar is also a well-known financial supporter of the Republican Party and numerous Republican candidates, making contributions through his company as well as private contributions from both his McLean, VA home and his home in Palm Beach, FL. In 1989, Virginia Republican gubernatorial candidate Marshall Coleman was backed financially by Schar. An investigation from the Richmond Times-Dispatch had discovered that one of Schar's companies had issued loans through the Virginia Housing Development Authority. In both the 2000 and 2004 Bush-Cheney presidential campaigns, Schar was not only a donor, but also a major fundraiser. In the 2000 campaign, Schar was a Bush "pioneer", the distinction given to those committed to raising $100,000 or more for the campaign. In the 2004 re-election campaign, Schar rose to the new level of "Ranger," raising $200,000 or more.