Portrait of Bernard Saul II & family

Rank #1520

Bernard Saul II & family

Net worth $2.8B

Banking, real estate · United States

Born
Apr 15, 1932
Age
94
Source
Banking, real estate
Residence
Chevy Chase, Maryland
Citizenship
United States
Marital status
Married
Children
5
Education
LLB, University of Virginia; Bachelor of Arts/Science, Villanova University

Net worth over time

Biography

  • B. Francis Saul II inherited his grandfather's property management firm, B.F. Saul Company, and turned it into a real estate empire.
  • B.F. Saul Company owns over 3 million square feet of industrial and office space across the country, along with 19 hotels.
  • He also owns The Hay-Adams, a 5-star hotel across the road from the White House that brands itself as "discreetly luxurious."
  • He sold Chevy Chase Federal Savings Bank to Capital One in 2009 for around $500 million.
  • The majority of his real estate portfolio is managed through Saul Centers, a publicly traded real estate investment trust (REIT).
  • Saul received a papal award in 1991 for his service as a prolific donor to Catholic causes.
  • Saul also owns O'Malley's Pub, a chain of Irish-style American pubs with 3 locations in the Washington, D.C. area.

Financial assets

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