Name
Bernard Saul, II.
Bernard Saul, II.
Chevy Chase, Maryland
Bachelor of Arts/Science, Villanova University | LLB, University of Virginia
United States
Saul Centers Inc.
5
banking, real estate
$3,400,000,000
597
1
#597 Billionaires 2019
#200 Forbes 400 2018
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 9.2 million square feet of retail and office space across the country along with 21 hotels.Notoriously press-shy, 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 one of his inherited ventures, Chevy Chase Federal Savings Bank, to Capital One in 2009 for $476 million.The majority of his real estate portfolio is managed through Saul Centers, a publicly traded REIT.
Saul received a papal award in 1991 for his service as a prolific donor to Catholic causes. He 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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