Name
Richard Peery
Richard Peery
Palo Alto, California
Bachelor of Arts/Science, Brigham Young University
United States
8
real estate, Self Made
$2,800,000,000
804
4
#804 Billionaires 2019
#298 Forbes 400 2018
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. Peery has given about $500 million to charitable foundations and donor-advised funds in his lifetime, as of 2018. His son Dave runs the Peery Foundation, whose grantees include education groups such as 10 Books A Home and Playworks in East Palo Alto, California.
The Peery Arrillaga firm now owns about 3.3 million square feet of office space throughout Silicon Valley and counts Google and Intuit as tenants.Peery's son Dave runs the family foundation, which supports social entrepreneurs and organizations addressing poverty in the San Francisco area and around the world.
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