The Life of Bernard Saul II

Overview

Bernard Saul, II is a billionaire businessman and philanthropist from the United States of America. He is the former CEO of Chevy Chase Bank and founder of Saul Centers, Inc. He is known for his strategic investments in real estate and his contributions to education, healthcare, and the arts. In 2018, Forbes estimated his net worth at $2.2 billion.

Early Life and Education

Bernard Saul, II was born on July 2, 1945, in Chevy Chase, Maryland, USA. He is the son of B. Francis Saul, who founded Chevy Chase Bank in 1969. Saul earned his Bachelor’s degree from the University of Virginia in 1967, and then went on to study at the Georgetown University Law Center, where he earned his Juris Doctor degree in 1972.

Career and Achievements

After completing his education, Saul joined Chevy Chase Bank, where he worked in various positions, including Executive Vice President, Chief Financial Officer, and President. In 2001, he became CEO and remained in that position until 2007, when the bank was sold to Capital One.

In 1993, Bernard Saul, II founded Saul Centers, Inc., a real estate investment trust (REIT) that owns and manages shopping centers and office buildings in the Washington, D.C. metropolitan area. He served as Chairman and CEO of the company until his retirement in 2017.

Apart from his business pursuits, Saul is known for his philanthropic work. He has made significant contributions to educational institutions like Georgetown University, Johns Hopkins University, and the University of Virginia. He has also donated to healthcare organizations like Children’s National Medical Center and the National Institutes of Health. Saul is a member of various boards, including the Kennedy Center for the Performing Arts, the National Symphony Orchestra, and the Children’s Hospital Foundation.

Personal Life

Bernard Saul, II is married to Lisa Saul and has two children, B. Francis Saul III and Heather Saul. He is an avid art collector and enjoys playing tennis in his free time.

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