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Bernard Saul II

Net Worth: $3.5B   |   Washington, D.C.
BF Saul Cos./SB-Urban Founder
Bernard Saul II
Photo: Wikimedia Commons/U.S. Navy Tech. Sgt. Andy Dunaway

Bernard Francis Saul founded BF Saul Real Estate Investment Trust in 1964, after inheriting his grandfather’s real estate firm. Five years later, he developed plans for the Chevy Chase Federal Savings Bank, which he sold to Capital One for $476M in 2009.

He left commercial real estate for banking for a few decades, and when he returned, founded Saul Centers, a Bethesda, Maryland-based retail-focused REIT that controls about 9.3M SF of retail, mainly in the Mid-Atlantic region. He serves as CEO and chairman. — Scott Klocksin

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