Richard Peery

Last updated

Richard Peery
Born1938or1939(age 85–86) [1]
NationalityAmerican
Education Brigham Young University
OccupationReal estate developer
SpouseMimi Peery
Children4

Richard Peery (born 1938 or 1939) is an American billionaire real estate developer.

Contents

Early life

Richard Peery is the son of Taylor Peery, who graduated from Stanford University in 1927 and Stanford Business School in 1929 before a career in banking and real estate. [2] [3] Richard has a bachelor's degree from Brigham Young University and dropped out of the MBA program at Stanford. [1]

Career

In his 20s, he took over the management of his father's property portfolio. In the 1960s, he teamed up with fellow real estate developer John Arrillaga, who died in 2022. Together, they bought Silicon Valley farmland to create office parks and became billionaires. Peery owns about 3.3 million square feet of office space, with tenants including Google and Intuit. [1]

He is active in philanthropy through the Peery Foundation.

As of June 2020, he had a net worth of US$2.7 billion, ranking him No. 319 on the Forbes 400 list of the richest people in America. [1] [4]

Personal life

He is married to Mimi Peery and is the brother of Nancy Peery Marriott. [5] Richard and Mimi have four children: Dennis, Jason, Jennifer, and David. [1] He lives in Palo Alto, California. [1] He is a member of The Church of Jesus Christ of Latter-day Saints. [6]

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References

  1. 1 2 3 4 5 6 "Richard Peery". Forbes. Retrieved June 7, 2020.
  2. ↑ Peery Foundation February 25, 2020
  3. ↑ Peery Institute - Life Sketch September 2, 2020
  4. ↑ "Richard Peery". Forbes. Retrieved October 26, 2020.
  5. ↑ Peery Institute - About September 2, 2020
  6. ↑ "Who is the World's Wealthiest Mormon? Should We Care?". Times & Seasons. May 16, 2011. Retrieved August 18, 2018.
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