Table of Contents
- John Arrillaga Net Worth and Biography
- Highlights
- Early Life
- Career
- Personal Life
- Net Worth Over Time
- Components of Net Worth
John Arrillaga Net Worth and Biography
| Category | Details |
|---|---|
| Net Worth | $2.5 billion |
| Salary | N/A |
| Birthdate | April 3, 1937 |
| Birthplace | United States |
| Gender | Male |
| Height | N/A |
| Profession | Real estate mogul, Philanthropist |
| Nationality | American |
John Arrillaga was an American real estate mogul and philanthropist. He was born on April 3, 1937, in the United States. At the time of his death in January 2022, John Arrillaga had accumulated a net worth of $2.5 billion. His career in real estate, particularly in Silicon Valley, played a significant role in his wealth accumulation.
Highlights
– John Arrillaga had a net worth of $2.5 billion at the time of his death in January 2022.
– He was one of Silicon Valley’s largest landowners, possessing over 20 million square feet of commercial real estate in the region.
– Arrillaga made generous donations during his lifetime, including $151 million to Stanford University, which was the largest donation the university had ever received from a living donor.
– Stanford University named several buildings after John and his family members in recognition of his contributions, such as the alumni center and the athletic center.
– John Arrillaga was married to Frances Cook Arillaga from 1968 until her death in 1995. They had two children together.
– His daughter, Laura Arrillaga, is married to Silicon Valley legend Marc Andreessen.
Early Life
John Arrillaga was born on April 3, 1937, to a family of Basque descent in the United States. He was raised with a strong work ethic and an entrepreneurial spirit, which would later shape his successful career in real estate.
Career
Upon graduating from Stanford University, where he was a member of the Delta Tau Delta college fraternity and attended on a basketball scholarship, John Arrillaga partnered with Richard Peery to purchase California farmland near Stanford with the intention of converting it into office space. This marked the beginning of Arrillaga’s journey as a real estate developer and investor in Silicon Valley.
Over the next several decades, Arrillaga and Peery emerged as significant commercial landlords in the region, amassing more than 20 million square feet of property. Their extensive real estate portfolio played a crucial role in generating John Arrillaga’s substantial net worth.
Personal Life
John Arrillaga was married to Frances Cook Arillaga from 1968 until her passing in 1995. Together, they had two children. His daughter, Laura Arrillaga, married renowned Silicon Valley figure Marc Andreessen.
Net Worth Over Time
John Arrillaga’s net worth grew significantly over time, primarily due to his successful ventures in the real estate industry. At the time of his death in January 2022, his net worth was estimated to be approximately $2.5 billion.
Components of Net Worth
John Arrillaga’s net worth of $2.5 billion was primarily derived from his extensive real estate holdings in Silicon Valley. With more than 20 million square feet of commercial property, his investments yielded substantial returns, contributing significantly to his overall wealth.
In addition to his real estate ventures, Arrillaga’s philanthropic contributions also played a role in his net worth. His generous donations to Stanford University, including the historic $151 million gift, enhanced his reputation and solidified his legacy as a philanthropist.
Overall, John Arrillaga’s net worth was a result of his real estate investments, business acumen, and dedication to giving back to his community through philanthropy.
ncG1vNJzZmimkaLAsHnGnqVnm59kr627xmihqKCeYq6zvsilo5qfkWK7psCMsKarrJhk