Bernard Saul II & family
$2.8B
Born
Apr 15, 1932
Age
93
Source of Wealth
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
- 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.
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