The Richest in Real Estate Top 100
The Basics
Location: San Francisco | Net Worth: $2.20 B
Location: San Francisco | Net Worth: $2.20 B
Richard Peery’s entrepreneurial prowess began developing as a young boy. In middle school, he became the owner of every gumball machine on the Stanford campus.
By the time he was a teenager, he had opened his own mini-golf course. So it was no surprise that by the time he was an adult, he had pioneered commercial development in Silicon Valley. He and partner John Arrillaga scooped up whatever farmland they could get their hands on and turned it into office parks that now house giants like HP, Google, Intel and Apple.
Richard founded the Peery Foundation in 1978; it invests in entrepreneurs who are effectively addressing issues surrounding poverty, with a particular focus on local organizations in the Bay Area.
