David L. Paul

David Lewis Paul (May 1, 1939 – January 18, 2022) was an American banker, real estate developer, philanthropist, and founder of CenTrust Bank.

Biography Paul was born in on May 1, 1939, in Miami to a Jewish family, the son of Ruth (née Goldstein) and Isadore Paul. His father founded a chain of dry cleaning stores and died when he was ten.

He started his career in Connecticut where his company, Paul Properties, built two controversial apartment buildings. In 1983, Paul purchased the near bankrupt Dade Savings and Loan Association through the transfer of 92% of his interest in Westport,

In 1989, CenTrust lost $119 million after "excessive and inappropriate expenses and investments." He was released in 2004.

Philanthropy and political contributions Paul donated $500,000 to the University of Miami and $100,000 to Barry University. they had two sons, Michael and David, Paul's third marriage was to Sandy Paul;

Paul died from COVID-19 related causes on the morning of January 18, 2022, at Mt. Sinai hospital in New York City.