Source of Wealth:Chevy Chase
Full Name:Bernard Saul II
Education:University of Virginia law school
About Bernard Saul II
Right after his graduation from the University of Virginia Law School, Bernard Saul II joined the company in 1969 which his grandfather founded. Just like his grandfather Bernard Saul I, Bernard Saul II is also a mortgage broker and a banker. The first B.F. Saul claimed that Chevy Chase started as a hobby but today, Chevy Chase is worth more than $13 billion with over 265 branches. When he heard that a savings-and-loan in Baltimore has an inactivated license, he immediately bought the license for his personal investment.
Today, the B.F. Saul Real Estate Investment Trust is operating office buildings, hotels and land in the Southeast and Mid-Atlantic region. Saul Centers, the 2nd REIT operates office buildings and shopping centers.
Bernard Saul II has an estimated net worth of $3 billion as of April 2016 according to Forbes.
Leave A Comment
Looking for an AD FREE EXPERIENCE on TheRichest?Get Your Free Access Now!