Paul Saville | $1B+

Get in touch with Paul Saville | Paul Saville, longtime executive and vice chairman of NVR, is one of the key architects behind one of the most consistently profitable homebuilders in the United States. As a senior partner of investor David A. Tepper in NVR’s early years, Saville helped shape the company’s distinctive, asset-light business model, emphasizing land optioning, strict cost controls, and disciplined capital allocation. This approach allowed NVR to outperform peers across housing cycles while maintaining high returns on equity and a strong balance sheet. Saville’s influence reflects a rare blend of financial rigor and operational restraint in a cyclical industry.

Get in touch with Paul Saville
Paul C. Saville is an American billionaire businessman and executive chairman of NVR, Inc., one of the largest homebuilding companies in the United States, where he oversees operations generating over $10 billion in annual revenue.[1] Born in 1956, Saville earned a Bachelor of Arts from the College of William & Mary in 1977 and a Master of Business Administration from the University of Pittsburgh. He began his career in the homebuilding industry in 1981 by joining Ryan Homes, which later became a subsidiary of NVR, starting in finance roles before advancing through senior positions.[1] Saville was appointed president and chief executive officer of NVR in July 2005, leading the Virginia-based company through significant growth as it constructed homes across 15 states, primarily in the Mid-Atlantic and Midwest regions, with average sale prices reaching $454,000 by 2022. Under his leadership, NVR solidified its position as the nation's fourth-largest homebuilder by volume. In 2022, after nearly 17 years in the CEO role, he transitioned to executive chairman, succeeding Dwight Schar.[1][2] Beyond his corporate achievements, Saville has been recognized for philanthropy; in 2020, he and his wife, Linda, donated $20 million to establish a cancer screening and prevention center in Falls Church, Virginia. As of 2025, his net worth is estimated at $2.1 billion, derived primarily from his stake in NVR, making him a self-made billionaire in the real estate sector.[1] Early life and education Early life Paul C. Saville was born in 1956 in the United States.[3] Details regarding his family background, childhood influences, or early interests remain largely private and are not publicly documented.[3] Education Paul C. Saville received a Bachelor of Arts degree from the College of William & Mary in 1977, with studies focused on business administration.[3][1] He subsequently earned a Master of Business Administration (MBA) from the University of Pittsburgh.[1][2] This graduate education directly facilitated his entry into the workforce at Rockwell International in their automotive operations.[4] Career Early career After earning his MBA from the University of Pittsburgh in 1979, Paul C. Saville began his professional career at Rockwell International, where he worked in the company's Automotive Operations division. This role provided him with foundational experience in manufacturing and business operations within the automotive sector during the early stages of his career. In 1981, Saville transitioned to the homebuilding industry, joining Ryan Homes—a predecessor to NVR, Inc.—in a financial capacity.[5] His entry into Ryan Homes marked the start of his long-term involvement in residential construction and strategic financial management, building on his prior operational background. Tenure at NVR Saville progressed steadily through NVR's ranks during the 1990s and early 2000s. He was appointed Senior Vice President of Finance, Chief Financial Officer, and Treasurer on September 30, 1993, and elevated to Executive Vice President on February 1, 1998, positions he held until June 30, 2005.[6] In these capacities, he oversaw critical financial strategies that supported NVR's recovery from its 1991 bankruptcy and subsequent expansion.[7] Under Saville's operational and financial oversight, NVR grew into a major U.S. homebuilder, achieving milestones such as ranking as the sixth-largest developer of single-family homes by the late 1990s, with revenue expanding significantly from post-bankruptcy levels.[8] This period marked key expansion efforts, including strategic market entries and efficiency improvements in homebuilding operations, positioning NVR for sustained growth in the competitive industry.[9] Executive leadership and transitions Paul C. Saville was appointed President and Chief Executive Officer of NVR, Inc. on July 1, 2005, succeeding Dwight C. Schar in the CEO role while Schar remained Chairman.[10] He served in this capacity for 17 years, until May 3, 2022, overseeing the homebuilding company's strategic direction during a period of significant industry challenges, including the 2008 financial crisis and subsequent housing market recovery.[11] Under Saville's leadership, NVR experienced substantial revenue expansion, growing from $5.26 billion in 2005 to $10.33 billion in 2022, more than doubling annual sales while maintaining the company's asset-light model that avoids owning land inventory.[12] This growth was driven by disciplined capital allocation, focus on operational efficiency, and expansion in key markets, positioning NVR as one of the largest U.S. homebuilders by revenue without the balance sheet risks associated with traditional land banking.[13] The company's stock performance reflected this strategy, with shares rising from a closing price of approximately $938 in July 2005 to $4,613 by the end of 2022, delivering a compound annual growth rate of over 9% during his tenure.[14] One notable aspect of Saville's executive actions included personal stock transactions, such as the sale of 20,000 shares on August 8, 2019, at an average price of $3,502.83 per share, totaling approximately $70 million.[15] In 2022, Saville transitioned from CEO to Executive Chairman effective May 4, handing over the President and CEO roles to Eugene J. Bredow, a long-time NVR executive.[11] This succession was part of a planned leadership evolution announced by the board, allowing Saville to continue influencing strategy through his chairmanship while ensuring continuity in NVR's return-focused approach to total shareholder return.[16] As Executive Chairman, Saville remains a key board member, contributing to governance and long-term oversight.[5] Philanthropy and public service Cancer research support Paul C. Saville, alongside his wife Linda, has been a major supporter of cancer research and treatment initiatives, particularly through contributions to the Inova Schar Cancer Institute in Fairfax, Virginia. In June 2018, the couple co-hosted a high-profile fundraiser that raised $1 million in a single evening to advance cancer research and treatment at the institute.[17] This event underscored their commitment to enhancing local cancer care capabilities, with Saville noting that the institute's work would provide "new hope to cancer patients throughout the Washington area and beyond."[17] Their philanthropy reached a significant milestone in 2019 when they hosted the inaugural dinner for the Inova Schar Cancer Institute, celebrating cumulative donations totaling $26.2 million to support its cancer care programs. The event featured remarks from former President George W. Bush, highlighting the impact of these contributions on advancing innovative treatments and patient outcomes.[18] Building on this, in November 2020, Paul and Linda Saville donated $20 million to fund the construction of the 24,000-square-foot Inova Saville Cancer Screening and Prevention Center, the first facility of its kind in the region dedicated to multidisciplinary early detection and prevention services for various cancers, including prostate, breast, lung, and those linked to genetic risks.[19] The center, which opened in spring 2022 on the Inova Center for Personalized Health campus, offers integrated resources such as genetic testing, nutrition counseling, and clinical trial access to promote proactive cancer prevention.[2] Saville's support for cancer research is driven by a recognition of the disease's widespread impact, as he has stated that "we’ve all been impacted by cancer, and many of us know someone who has died from cancer due to a late diagnosis," emphasizing the need for expanded access to early detection and treatment.[19] Through these efforts, the Savilles have continued to bolster ongoing programs at the Inova Schar Cancer Institute, contributing to state-of-the-art facilities that aim to reduce late-stage diagnoses and improve survival rates in the community.[2] Political and community involvement Paul C. Saville has been an active political donor, primarily supporting Republican candidates in Virginia elections. In 2017, he contributed $75,000 to Ed Gillespie's gubernatorial campaign, making him one of the top donors to the effort. More recently, in 2025, Saville donated $25,000 to Winsome Earle-Sears's campaign for governor and another $25,000 to Jason Miyares's campaign for attorney general, reflecting his ongoing support for state-level Republican initiatives.[20] At the federal level, he has made smaller contributions, such as $2,700 to Mick Mulvaney's congressional campaign in 2016.[21] Saville's community involvement in Virginia centers on education and local organizations, leveraging his long-term residence in Reston. He serves as Chair of the William & Mary Business School Foundation, supporting educational programs and scholarships at the university in Williamsburg, Virginia.[22] Through his leadership at NVR, Inc., headquartered in Reston, Saville has contributed to regional economic development by overseeing homebuilding operations that employ thousands and stimulate local growth in Northern Virginia.[23] His civic engagements extend to broader philanthropic efforts outside health initiatives, focusing on enhancing community infrastructure and education in the areas where NVR operates, including Fairfax County.[2] Personal life Family and residence Paul C. Saville is married to Linda Saville, and the couple has maintained a close partnership throughout their personal and philanthropic endeavors.[2][1] Together, they have jointly supported cancer research initiatives, including a $20 million donation in 2020 to establish the Inova Saville Cancer Screening and Prevention Center in Fairfax, Virginia.[2][1] Saville's primary residence, as of 2005, is in Vienna, Virginia, a location that aligns closely with the headquarters of NVR, Inc., supporting his ongoing professional involvement in the region.[24][25] Net worth and recognition Paul C. Saville's net worth is estimated at $2.1 billion as of January 2026, primarily derived from his extensive ownership of NVR Inc. stock accumulated during his long tenure as the company's president and CEO.[1] This wealth reflects NVR's growth into one of the largest U.S. homebuilders, with annual revenues exceeding $10 billion.[1] In 2023, Saville received the Living Legends award from Virginia Business, honoring his decades-long impact on the homebuilding industry and Virginia's economy as executive chairman of NVR.[2] His inclusion on Forbes' list of the world's billionaires further recognizes his business leadership and success in scaling NVR from a regional player to a national powerhouse.[1]

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