John Arrillaga celebrating the 1,000th victory of Stanford women's basketball head coach Tara Vanderveer
This pair, worth $2.5B apiece, bought up farmland in Silicon Valley and developed it into office space that would become home to companies like HP, Google, Intel and Apple. They have been responsible since the 1960s for the construction of over 12M SF of office space.
In 2006, Arrillaga and Peery got a huge windfall when they sold nearly half of their commercial real estate empire for $1.1B. Peery's philanthropic work focuses on addressing poverty in the Bay Area, and Arrillaga has been a major donor to his alma mater, Stanford, where several buildings are named for him. — Scott Klocksin
Next Richest in Real Estate
Wayne Hughes Sr.
Public Storage and American Homes 4 Rent Co-Founder