BillionaireNet
family
Bernard Saul II & family
Rank #1468
UNITED STATESfinance-investmentsBanking, real estate

Bernard Saul II & family

Net Worth
$2.742B
-0.07% (24h)
Bernard Francis Saul II is an American billionaire businessman, currently ranked #1362 on Forbes' 2025 Billionaires list. The source of his wealth stems from his involvement in banking and real estate. Saul, at the age of 93, is the Chairman and CEO of Saul Centers, a private real estate firm based in Bethesda, Maryland, since June 1993. He is also the founder of Chevy Chase Bank, which he sold to Capital One in 2009. Saul's career is marked by significant achievements, including transforming the B.F. Saul Company into a real estate empire managing millions of square feet and owning numerous hotels.

The Full Dossier

Early Life

Bernard Francis Saul II was born in 1931/1932. He is the grandson of B. Francis Saul, the founder of the B.F. Saul Company, which was established in 1892. Saul's early life was influenced by a family history in entrepreneurship, setting the stage for his future career.

Rise to Success

Saul's career took off after graduating from the University of Virginia School of Law. He became Chairman and CEO of Saul Centers, a private real estate firm, in June 1993. Under his leadership, the company has experienced substantial growth, emerging as a major player in the real estate sector. Saul transformed the B.F. Saul Company into a real estate empire with millions of square feet of retail and office space. Another key move in his career was the sale of Chevy Chase Federal Savings Bank to Capital One in 2009.

Key Business Strategies

Bernard Saul II's business strategies have focused on strategic investments and adapting to market changes. He expanded the company’s operations to include a diverse portfolio of assets, including shopping centers, office buildings, and residential properties. Saul's ability to identify high-value markets and capitalize on long-term growth opportunities has been crucial to his success. The company has a diverse portfolio of assets, and is also known for its strong presence in the Mid-Atlantic region.

Philanthropy

Saul is a strong supporter of Roman Catholic causes and was awarded the Pro Ecclesia et Pontifice medal by the Pope in 1991. His philanthropic efforts have been widely recognized, reflecting his dedication to charitable endeavors.

Career Timeline

2009

Sold Chevy Chase Bank

Sold Chevy Chase Bank to Capital One for approximately $500 million.

1993

Chairman and CEO of Saul Centers

Assumed leadership of Saul Centers

1991

Pro Ecclesia et Pontifice medal

Awarded by the Pope for supporting Roman Catholic causes

1969

Chairman and CEO of Chevy Chase Bank

Founded Chevy Chase Bank

Philanthropic Impact

Religious$XB

Catholic Causes

A strong supporter of Roman Catholic causes.

Education$20M

Chevy Chase Bank Field at Byrd Stadium

Contributed to the refurbishment and expansion of the stadium at the University of Maryland.

Healthcare$XB

Providence Hospital

Helped build a new nursing home.

Wealth Trajectory