Richard Peery
Real Estate

Richard Peery Net Worth

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Richard Peery, born in 1938 in Palo Alto, California, was an early Silicon Valley property baron who, in partnership with John Arrillaga, bought farmland in the 1960s and developed it into office parks. Peery had gained experience managing his father's small property portfolio before selling many of their buildings for $1.1 billion in 2006.
Richard Peery is a member of Real Estate

Age, Biography and Wiki

Birth Year 1938
Birth Place Palo Alto, California, United States
Age 85 YEARS OLD
Residence Palo Alto, California, U.S.
Alma mater Brigham Young University
Spouse(s) Mimi Peery
Children 4
Parent(s) Taylor Peery

💰 Net worth: $2.7 Billion (2024)

Richard Peery, a prominent figure in the real estate industry in the United States, is projected to have a net worth of $2.7 billion in 2024. Renowned for his astute business acumen and extensive knowledge in the real estate sector, Peery has established himself as a key player in the development and investment of commercial properties. Through strategic investments and a keen eye for promising opportunities, he has amassed a considerable fortune over the years, solidifying his position as one of the wealthiest individuals in the real estate industry.

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

Biography/Timeline

1938

Richard Peery (born 1938/39) is an American Billionaire real estate developer.

1960

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.

2015

As of September 2015, he had a net worth of US$2.2 billion.

Some Richard Peery images

Tags 1930s births Living people People from Palo Alto, California Brigham Young University alumni Businesspeople from California Philanthropists from California American billionaires

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.