Richard Peery
Overview
- Source of Wealth
- Real estate
- Industry
- Real Estate
- Residence
- Palo Alto, California
- Education
- Brigham Young University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 4
Biography
Early Silicon Valley property baron Richard "Dick" Peery partnered with John Arrillaga, buying farmland in the 1960s and turning it into office parks.
Peery's longtime business partner since the 1960s, Arrillaga died in early 2022.
In 2006 Peery and Arrillaga sold many of their buildings for $1.1 billion.
Peery, who dropped out of the Stanford MBA program, had gained early experience managing his father's small property portfolio.
His son Dave runs the Peery Foundation, whose grantees include both Bay Area and international nonprofit groups.
About
He and his sister endowed Brigham Young University with $3 million to establish the H. Taylor Peery Institute of Financial Services, named after their late father.
Peery owned every gum ball machine on the Stanford campus when he was in middle school and went on to launch a miniature golf course in his teens.