John Arrillaga
John Arrillaga | |
|---|---|
| Born | 1937 (age 86–87)[1] |
| Nationality | American |
| Education | Stanford University |
John Arrillaga (born 1937) is an American businessman currently worth $1.4 billion[1] who made his money through real estate and is one of the most prominent landowners in Silicon Valley.
In the 1960s, Arrillaga and business partner Richard Peery bought California farmland and converted it into office space. They became two of Silicon Valley's biggest commercial landlords with more than 12,000,000 square feet (1,100,000 m2).[2]
He attended Stanford University on a basketball scholarship, graduating with a bachelor's degree in geography (no longer offered) in 1960. He is in Delta Tau Delta and is well known for his generous support of the university.[3] The alumni center, the Frances C. Arrillaga Building, is named in memory of his first wife, and various other athletic facilities carry his surname. In May 2006, Arrillaga gave $100 million to Stanford.[4]
In 2006, Arrillaga sold 5,300,000 sq ft (490,000 m2) of his real estate holdings for roughly $1.1 billion.[1]
Personal life
Arillaga is of Basque ancestry.[5] His daughter Laura Arrillaga is married to Marc Andreessen, the successful entrepreneur who co-authored the Mosaic and Netscape web browsers, and who is co-founder of several web technology enterprises.
References
- ^ a b c d "The World's Billionaires: #721 John Arrillaga". Forbes. March 3, 2010.
- ^ "Forbes World's Richest People 2003". Forbes. 2003.
- ^ Fainaru-Wada, Mark (2001-02-25). "Silent Partner / Billionaire Arrillaga has quietly been the primary benefactor behind Stanford's athletic success". San Francisco Chronicle.
{{cite news}}:|access-date=requires|url=(help) - ^ "Arrillaga gives $100 million to Stanford in largest single gift ever from individual". Stanford Report. May 26, 2006.
- ^ "Basque Studies Debut" (March/April 2007) Stanford Magazine. Retrieved 05 June 2010.
External links
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