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Roy Donahue “Don” Peebles, born on March 2, 1960, in Washington, D.C., is a distinguished American real estate entrepreneur, author, and political activist. As the founder, chairman, and CEO of The Peebles Corporation, he has established one of the largest African American-owned real estate development companies in the United States. Peebles’ career is marked by significant achievements in real estate, authorship, and philanthropy, making him a prominent figure in American business and culture.

Charitable Work and Legacy

Peebles has served as chairman of the Board of the Congressional Black Caucus Foundation and has been involved with organizations such as the YMCA of Greater New York and the Real Estate Board of New York’s Board of Governors. His commitment to diversity is evident in his business practices, often partnering with minority and women-owned businesses in his development projects. Peebles’ legacy is defined by his contributions to real estate development and his efforts to promote economic empowerment within minority communities.

  • Full Name: Roy Donahue Peebles
  • Date of Birth: March 2, 1960
  • Place of Birth: Washington, D.C., USA
  • Nationality: American
  • Education: Attended Rutgers University (did not complete degree)
  • Career Beginnings: Appointed to D.C. Board of Real Property Assessment and Appeal at age 23; founded The Peebles Corporation in 1983
  • Notable Works: The Peebles Principles (2007); The Peebles Path to Real Estate Wealth (2008)
  • Relationship Status: Married
  • Spouse: Katrina Peebles (married in 1994)
  • Children: Two: Donahue Peebles III and Chloe Peebles
  • Net Worth: Estimated over $700 million as of 2015

Notable Works and Achievements

Peebles is the author of two books: “The Peebles Principles” (2007) and “The Peebles Path to Real Estate Wealth” (2008), offering insights into real estate investment and entrepreneurship. His company has developed landmark projects across the United States, including the redevelopment of The Bath Club in Miami Beach and the proposed Affirmation Tower in New York City, which, if completed, would be the tallest building in the Western Hemisphere developed by an African American. In 2009, Forbes listed him among the top ten wealthiest Black Americans, and in 2015, Black Enterprise named him one of the most powerful African Americans in business.

Net Worth and Lifestyle

In 2015, Forbes estimated Peebles’ net worth to be over $700 million, making him one of the wealthiest African American real estate developers in the United States. His wealth primarily stems from his real estate ventures through The Peebles Corporation, which boasts a portfolio exceeding $8 billion in active and completed developments. Peebles owns luxurious properties, including a residence in Miami Beach and a home in Sag Harbor, reflecting his success and affluent lifestyle.

Current Relevance and Recent Updates

As of 2024, Peebles continues to lead The Peebles Corporation, focusing on projects that promote diversity and inclusion within the real estate industry. His proposed developments, such as the Affirmation Tower in New York City and Angels Landing in Los Angeles, aim to set new standards for minority participation in large-scale real estate projects. Peebles remains an active commentator on economic empowerment and real estate development, frequently appearing in national media to discuss these topics.

Personal Life and Relationships

Peebles married Katrina in 1994; she serves as the creative director and principal of The Peebles Corporation. They have two children: Donahue Peebles III, a Columbia University graduate involved in the family’s real estate ventures, and Chloe Peebles, a university student and national equestrian competitor. The family maintains residences in Miami Beach, Florida, Sag Harbor, New York, and New York City.

Career Beginnings and Key Milestones

At 23, Peebles was appointed to the District of Columbia’s Board of Real Property Assessment and Appeal, becoming the youngest chairman in the board’s history. In 1983, he founded The Peebles Corporation, focusing on real estate development and investment. His early projects in Washington, D.C., showcased his ability to navigate complex public-private partnerships, setting the stage for national expansion. Relocating to Miami in the late 1990s, Peebles continued to develop high-profile properties, including The Bath Club in Miami Beach, further solidifying his reputation as a leading developer.

Early Life and Family Background

Don Peebles was born to Ruth Yvonne Willoughby, a real estate professional, and Roy Donahue Peebles Sr., a civil servant and mechanic. His grandfather worked as a doorman at the Washington Marriott Wardman Park Hotel, instilling in Peebles a strong work ethic from an early age. At eight, he moved with his mother to Detroit, Michigan, but returned to Washington, D.C., at 13. During his high school years, Peebles served as a congressional page and interned for members of Congress, experiences that exposed him to the intersections of politics and business. He briefly attended Rutgers University, studying pre-medicine, before leaving to pursue opportunities in real estate.

Future Plans and Impact on Culture

Looking ahead, Peebles plans to continue developing transformative real estate projects that emphasize diversity and inclusion. His future aspirations include expanding The Peebles Corporation’s footprint in key metropolitan areas like Los Angeles, New York, and Miami. He aims to inspire a new generation of minority entrepreneurs and developers through both his business ventures and public engagements. His focus on inclusivity and economic empowerment ensures his lasting impact on the real estate industry and broader society.

Disclaimer: Don Peebles Life Story wealth data updated April 2026.