How Real Estate Tycoon Don Peebles Built Generational Wealth

Don Peebles is founder and CEO of Peebles Corporation, the largest Black-owned real estate development company. The son of an auto mechanic, Peebles was raised in Washington D.C. by his mother, a secretary turned real estate broker. In 1983, he founded the Peebles Corporation, running the company while also working for then-Washington D.C. Mayor Marion Barry in the city’s property tax office. 00:00 Introduction 00:57 Don's Biggest Surprises In His Career 03:32 Don's Views On Fatherhood 05:35 Don's Responsibility As A Successful Entrepreneur 08:56 Being CEO Of The Largest Black Real Estate Firm 10:16 Don's Origins 17:15 How To Become A Real Estate Developer 24:30 What Don Learned Working In Washington D.C. 29:58 Why Don Purchased The Bath Club 34:58 The 'Aspiration Tower' In New York 41:53 Don's Black Developer Fund 49:24 Don's Advice For Black Entrepreneurs In 2025 53:40 Looking Forward Read the full story on Forbes: https://www.forbes.com/sites/jabariyoung/2024/12/19/forbes-blk-50-2024/ Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.