Richard Peery and John Paulson built their fortunes in very different corners of American finance and business. Peery became a major Silicon Valley real-estate developer through his long partnership with John Arrillaga, while Paulson built his wealth through hedge-fund investing and became widely known for his 2007 mortgage-market trade. Both are self-made billionaires whose careers have also included substantial philanthropic activity, but their industries, education, family backgrounds and paths to wealth are distinctly different.
Richard Peery and John Paulson Quick Bio
| Profile Detail | Richard Peery | John Paulson |
|---|---|---|
| Full Name | Richard Taylor Peery | John Alfred Paulson |
| Date of Birth | 1938 or 1939; exact date not reliably confirmed | December 14, 1955 |
| Net Worth | Approximately $3.5 billion, estimated from current Forbes-linked wealth data | Approximately $11.8 billion, Forbes real-time estimate as of September 25, 2026 |
| Age | 87 years | 70 years |
| Birthplace | California, United States | Queens, New York City, United States |
| Nationality | American | American |
| Nickname | Dick Peery | John |
| Profession | Real Estate Developer, Investor & Philanthropist | Hedge Fund Manager, Investor, Financier & Philanthropist |
| Famous For | Developing major Silicon Valley commercial real estate with John Arrillaga | Founding Paulson & Co. and his highly successful 2007 mortgage-market trade |
| Primary Source of Wealth | Commercial Real Estate | Hedge Funds and Investments |
| Major Company | Peery-Arrillaga | Paulson & Co. |
| Career Began | Began managing his father’s property portfolio in his 20s | Began professional career at Boston Consulting Group in 1980 |
| Major Business Partner | John Arrillaga | Built Paulson & Co. independently |
| Education | Brigham Young University; later attended Stanford’s MBA program but did not complete it | New York University, Finance; Harvard Business School, MBA |
| Undergraduate Degree | Bachelor’s degree, Brigham Young University | Finance degree, NYU, 1978 |
| Graduate Education | Stanford MBA program — not completed | MBA, Harvard Business School, 1980 |
| Parents | Taylor Peery, banker and real-estate executive; mother’s public details are limited | Alfred G. Paulson and Jacqueline Paulson |
| Siblings | Nancy Peery Marriott is his sister; broader details are limited | Three siblings; Paulson was the third of four children |
| Family Background | Family connected to banking and real estate | Family background included business and psychology |
| Marital Status | Married | Separated |
| Spouse | Mimi Peery | Jenny Zaharia |
| Children | Four | Two |
| Height | Not reliably publicly documented | Not reliably publicly documented |
| Weight | Not reliably publicly documented | Not reliably publicly documented |
| Hair Color | Gray/white, appearance-based | Gray/white, appearance-based |
| Eye Color | Not reliably documented | Not reliably documented |
| No reliably verified personal Instagram account | No reliably verified personal Instagram account | |
| Hobbies / Interests | Real estate, philanthropy and business; private personal interests | Investing, business, philanthropy and education |
| Career Turning Point | 1960s partnership with John Arrillaga and acquisition of Silicon Valley farmland | 2007 position against subprime mortgage securities |
| Real Estate Career | Transformed farmland into major Silicon Valley office developments | Real estate has been among his investment interests, but hedge funds remain his primary wealth source |
| Hedge Fund Career | No major hedge-fund career | Founder and leader of Paulson & Co. |
| Paulson & Co. | Not associated | Founded in 1994 |
| Silicon Valley Connection | Central to his career and fortune | Not a defining part of his career |
| 2007 Financial Crisis | Not a defining career event | Built enormous investment gains by betting against subprime mortgage credit |
| Major 2006 Transaction | Peery and Arrillaga sold many buildings for approximately $1.1 billion | Not applicable |
| Philanthropy | Peery Foundation and education-focused giving | Major donations to Harvard, NYU and other educational and cultural institutions |
| Major University Connection | Brigham Young University | New York University and Harvard University |
| Notable Donation | Helped establish the H. Taylor Peery Institute of Financial Services at BYU | Major gifts include $400 million to Harvard and $100 million to NYU, according to Forbes |
| Public Profile | Highly private and low-profile | Private personally, but highly prominent in financial circles |
| Residence | Palo Alto, California | New York, New York |
| Source of Career Success | Long-term commercial property development and land investment | Financial-market investing and hedge-fund management |
| Estimated Career Span | More than six decades | More than four decades |
| Current Professional Identity | Real-estate investor and philanthropist | Investor and founder of Paulson & Co. |
| Career Legacy | Helping shape Silicon Valley’s commercial real-estate landscape | One of the best-known hedge-fund investors associated with the 2007 financial crisis |
Richard Peery and John Paulson Images

