Richard Peery’s profile picture

Richard Peery

Richard Peery’s profile picture
Net worth 2018: $2.59 Billion
Industry: Real Estate
Residence: Palo Alto, California
Country: United States
BirthDay: 1938
Children: 4
Education: Bachelor of Arts / Science, Brigham Young University
BIOGRAPHY

Richard Peery was bornon 1938 in Palo Alto, California, United States. Richard Peery is #950 in List Billionaires People In The World. Early Silicon Valley property baron Richard "Dick" Peery partnered with John Arrillaga, buying farmland in the 1960s and turning it into office parks. Peery, who dropped out of the Stanford MBA program, had gained early experience managing his father's small property portfolio. In 2006 Peery and Arrillaga sold many of their buildings for $1.1 billion.

NET WORTH STATISTIC
2009

$1.5 Billion

2010

$1.5 Billion

2011

$1.9 Billion

2012

$2 Billion

2013

$2.1 Billion

2014

$2.2 Billion

2015

$2.3 Billion

2016

$2.3 Billion

2017

$2.5 Billion

2018

$2.59 Billion

TIMELINE
Palo Alto, California, U.S. Richard Peery (born 1938/39) is an American billionaire real estate developer.Richard Peery is the son of Taylor Peery, who graduated from Stanford University's Business School before a career in banking and real estate. He has a bachelor's degree from Brigham Young University and dropped out of the MBA program at Stanford.In his 20s, he took over the management of his father's property portfolio. In the 1960s, he teamed up with fellow billionaire John Arrillaga, buying Silicon Valley farmland to create office parks. Together, they own about 3.3 million square feet of office space, with tenants including Google and Intuit.He is active in philanthropy through the Peery Foundation.As of September 2015, he had a net worth of US$2.2 billion.He is married to Mimi Peery, and they have four children, Dennis, Jason, Jennifer, and David. He lives in Palo Alto, California.
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