Richard Peery Explained

Richard Peery
Nationality:American
Education:Brigham Young University
Occupation:Real estate developer
Spouse:Mimi Peery
Children:4

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

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.[1] [2] Richard has a bachelor's degree from Brigham Young University and dropped out of the MBA program at Stanford.

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.

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.[3] [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. He lives in Palo Alto, California. He is a member of The Church of Jesus Christ of Latter-day Saints.[6]

Notes and References

  1. https://web.archive.org/web/20200225001558/http://www.peeryfoundation.org/family/ Peery Foundation
  2. https://marriottschool.byu.edu/peery/life-sketch/ Peery Institute - Life Sketch
  3. Web site: Richard Peery. Forbes. June 7, 2020.
  4. Web site: Richard Peery. 2020-10-26. Forbes. en.
  5. https://marriottschool.byu.edu/peery/ Peery Institute - About
  6. News: Who is the World's Wealthiest Mormon? Should We Care?. 2011-05-16. Times & Seasons. 2018-08-18. en-US.