NET WORTH: Unknown
SOURCE OF WEALTH: Founder, Perry Capital
FUNDING AREAS: Education, Children, Health, Jewish Causes
OVERVIEW: Richard Perry and his wife Lisa give a lot of money to educational causes, as well as to nonprofits that make children's lives better. They also support Jewish causes. They move some of their philanthropy through the Richard C. and Lisa N. Perry Foundation.
BACKGROUND: Richard Perry graduated from Wharton School and NYU. He got his got start in investment banking start at Goldman Sachs. In 1988, he cofounded hedge fund Perry Capital.
EDUCATION: In 2013, Perry donated $10 million to his alma mater, the University of Pennsylvania, to establish a "center for global research and initiatives." The Perry World House will serve as a hub for students, faculty, visiting scholars, and policymakers to talk about solving the world's most pressing issues. Perry first launched the Penn Integrates Knowledge program in 2005.
HEALTH: Richard Perry once stood on the lawn of his North Haven home dressed in head-to-toe pink watching paddle boats race on the Bay while raising $615,000 for breast cancer research. He and wife Lisa hosted the fundraiser along with breast cancer survivor Maria Baum and the Breast Cancer Research Foundation (BCRF). They got big names in finance and design to attend and fork over sizable donations.
CHILDREN: Perry also has a deep concern for education in underserved New York neighborhoods. He was on the board at Harlem Children's Zone, which works to strengthen pre-K through college education for Harlem youth. He also has board seats at the Allen Stevenson School (he's an alumnus), and UPenn. He gives to Facing History and Ourselves, an organization that sends educators into schools to combat racism, antisemitism, and prejudice by teaching the history of the holocaust and other contemporary genocides.
JEWISH CAUSES: Via their Richard C. and Lisa N. Perry Foundation, the Perrys direct steady sums to UJA Federation of New York. Other grantees have included Birthright Israel Foundation. Perry was also on the board and has supported The Israel Project, a D.C. based organization that serves "media, policymakers, and the public" by providing current information on the Israeli-Palestinian conflict, as well as neighboring countries.
LOOKING FORWARD: Born in 1955, it looks like Perry will choose a slow retirement. He may continue to focus on accumulating wealth for some years before he turns all his energy to philanthropy, but he still finds time to lend his weight to many causes.
- CEO, Perry Capital, LLC, 767 5th Avenue, Floor 20, New York, NY 10153