Richard Peery: Richard Peery Net Worth, Biography, Age, Spouse, Children & More

About Richard Peery

Renowned American billionaire and real estate magnate, Richard Peery, born around 1938, crafted a lucrative career beginning in his 20s by managing his father's properties. A BYU graduate, he famously dropped out of Stanford's MBA program. Together with John Arrillaga, Peery transformed Silicon Valley's landscape by converting farmland into prime office parks, now housing giants like Google. His substantial real estate holdings span 3.3 million square feet. With a 2020 net worth of $2.7 billion, Peery stands as the 319th wealthiest American.

Born

October 01, 1938

Age

87 years

Source Of Wealth

Real Estate

Industries

Real Estate

Citizenship

United States

Residence

Palo Alto, California

Education

Bachelor of Arts/Science, Brigham Young University

Spouse

Mimi Peery

Children

Richard Peery was born in 1938 or 1939. He is the son of Taylor Peery, a Stanford University and Stanford Business School graduate who had a successful career in banking and real estate. Richard Peery holds a bachelor's degree from Brigham Young University but dropped out of the MBA program at Stanford.

Richard Peery: Family

Richard Peery is married to Mimi Peery and they have four children: Dennis, Jason, Jennifer, and David. His sister, Nancy Peery Marriott, is married to Bill Marriott Jr., the chairman and CEO of Marriott International. Richard Peery is a member of The Church of Jesus Christ of Latter-day Saints.

Richard Peery: Career Highlights

In his 20s, Richard Peery took over the management of his father's property portfolio. He teamed up with fellow real estate developer John Arrillaga in the 1960s and together they bought Silicon Valley farmland to create office parks. Today, Richard Peery owns about 3.3 million square feet of office space with tenants including Google and Intuit.

Richard Peery: Companies

Richard Peery is the founder and chairman of Peery Arrillaga, a real estate development company based in Palo Alto, California. He is also involved in several other companies, including the Peery Foundation, a philanthropic organization that supports education, healthcare, and the arts.

Richard Peery: Major Achievements

Richard Peery is a successful real estate developer who has built a multi-billion dollar empire. He is also a philanthropist who has donated millions of dollars to various charitable causes.

Richard Peery: Awards & Achievements

Richard Peery has received numerous awards and recognitions for his contributions to the real estate industry and his philanthropic work. Some of his notable awards include the Ernst & Young Entrepreneur of the Year Award and the Silicon Valley Business Journal's Lifetime Achievement Award.

Richard Peery: Personal Life & Legacy

Richard Peery resides in Palo Alto, California. He is a member of The Church of Jesus Christ of Latter-day Saints and is actively involved in philanthropy through the Peery Foundation.

Richard Peery is known for his generosity and his commitment to giving back to the community.

Richard Peery: Trivia

Richard Peery is a fan of the San Francisco Giants and the Golden State Warriors. He also enjoys playing golf and skiing.

Wealth History

Timeline

1938 or 1939

Richard Peery was born.

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Richard Peery's father, Taylor Peery, had a successful career in banking and real estate.

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Richard Peery holds a bachelor's degree from Brigham Young University.

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Richard Peery dropped out of the MBA program at Stanford.

1960s

Richard Peery teamed up with fellow real estate developer John Arrillaga.

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Richard Peery bought Silicon Valley farmland to create office parks.

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Richard Peery owns about 3.3 million square feet of office space with tenants including Google and Intuit.

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Richard Peery is actively involved in philanthropy through the Peery Foundation.

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Richard Peery is married to Mimi Peery.

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Richard Peery has four children: Dennis, Jason, Jennifer, and David.

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Richard Peery resides in Palo Alto, California.

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Richard Peery is a member of The Church of Jesus Christ of Latter-day Saints.

June 2020

Richard Peery had a net worth of US$2.7 billion.

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Richard Peery was ranked No. 319 on the Forbes 400 list of the richest people in America.

Richard Peery : FAQs

What is Richard Peery's current net worth?

Richard Peery's current net worth is $3.38 billion.

What is Richard Peery's current global rank among billionaires?

Richard Peery holds the 1231st position globally among billionaires.

What is Richard Peery's current ranking within the United States?

Richard Peery holds the 447th position in United States.

What was the change in Richard Peery's net worth compared to the previous year?

Richard Peery's net worth decreased by 195.77 million dollars compared to the previous year 2025, when his net worth was 3.58 billion dollars.

What are Richard Peery's main sources of wealth?

Richard Peery's main source of income comes from Real Estate.

In which industry does Richard Peery primarily operate?

Richard Peery is primarily involved in the Real Estate industry.

What is Richard Peery educational background?

Richard Peery holds a Bachelor of Arts/Science from Brigham Young University.

How old is Richard Peery?

Richard Peery is 87 years old.

How many children does Richard Peery have?

Richard Peery has 4 children.

Who is Richard Peery and what is he known for?

Richard Peery is an American billionaire real estate developer, recognized for buying Silicon Valley farmland in the 1960s with partner John Arrillaga to create office parks now used by tech giants like Google and Intuit.

How did Richard Peery commence his career in real estate?

Richard Peery started his real estate career in his 20s by managing his father's property portfolio and later forged a successful partnership with John Arrillaga, with whom he developed significant parts of Silicon Valley.

What impact has Richard Peery made in philanthropy?

Richard Peery is actively involved in philanthropy through the Peery Foundation, which focuses on various social causes and community development.