Richard Peery

Net worth over time

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.
• 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.