CategoryBusiness Leader

Anthony Petrello has had a Long and Illustrious Career and is Now Delving into the World of Philanthropy

Anthony Petrello is constantly driven by a sense of duty. As the President, Chief Executive Officer and Board Chairman of Nabor industries, he has a duty to safeguard his shareholders’ investments. He fulfilled this duty well as Nabor Industries is today the largest oil & gas drilling contractor in the world. The company’s billions of dollars’ worth of assets are contracted in numerous engagements all across the world.

Anthony Petrello studied at both Yale University and Harvard School of law. His extend his high pedigree in his academic journey to his professional journey. His first job was at the famed law firm Baker & McKenzie where he grew to become the managing partner of the firm’s New York office. Thereafter, he joined Nabor Industries as the Chief Executive Officer. A year later, he was named the company’s president. A few years later, he was then promoted to the company’s Chief Executive Officer. He concurrently held this positions with success since then.

Unknown to many also, Mr. Petrello also has a philanthropic engagement that is quite close to his heart. Mr. Petrello and his wife, Cynthia, are blessed with a daughter named Carena. Unfortunately, Carena was born with periventricular leukomalacia (PVL). The Petrello’s were saddened when their doctor informed them that Carena would likely grow up with a few developmental delays as a result of the condition. Mr. Petrello refused to resign to the condition and decided that he would something about it.

That something came in the form of investing in a pediatric brain research program aimed at finding sustainable PVL treatment therapies. The total contribution towards the launching of the project by Mr. Petrello and his wife stood at a respectable $7 million. The program is today hosted at the Jan and Dan Neurological Research Institute which is housed within the Texas Children Hospital. Should the program yield viable therapies, it will make the lives of thousands of children with PVL all around the world.

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Paul Mampilly Has Fresh Ideas For Investing That Many Average Americans Trust

When Paul Mampilly says he has a new investment idea that works, people know they had better listen up because this former Wall Street business guru has found all kinds of company stocks that have earned him millions.

He contributes articles on these investments to Banyan Hill Publishing and is the founder of three newsletters known as “Extreme Fortunes,” “Profits Unlimited” and “True Momentum.” Mampilly puts out these newsletters so middle class investors can see how stock investments work and learn how to invest in them without needing a big firm’s management. Mampilly seeks to bring down the technical language of investing into more simplistic terms.

Paul Mampilly’s background in investing began as a migrant student from India in the 1990s who was working at Fordham University’s cafeteria to get through school. He started out in an entry level position at Deutsche Bank while working on his master’s degree and was soon offering the bank’s clients advice on how their money could gain even better earnings. He also worked for Banker’s Trust, ING, Royal Bank of Scotland and Sears. In 2006 Mampilly became one of the hedge fund industry’s top figures after joining Kinetics International Fund and growing that firm’s AUM to $25 billion fast. He was also featured in a headline on Barron’s magazine at this time.

Mampilly’s most famous investment was a $50 million fund that he was given to invest as part of the Templeton Foundation’s competition in 2008. Over a year, Mampilly grew that fund by 88% to $76 million at a time when the financial crisis had most other investors too scared to go into the market. Paul Mampilly made many other investments both for clients and in his personal portfolio around that time including in Sarepta Therapeautics, Netflix, CEMEX and even Facebook. But a few years later he decided to retire not only because he had attained quite the earnings, but also because he felt Wall Street was leaving people out who needed help. So Mampilly decided to help the middle class himself by showing his newsletter subscribers his portfolio and explaining how they could build their own. Thus far he’s gained over 60,000 subscribers.

Lloyd Grove Can’t Believe That His College Roommate Anthony G. Petrello Tops The List Of The Highly Paid

Lloyd Grove had a college roommate like any other person who had the chance to face the college door. As he claims, he was never interested to know who gets listed on the multi-billionaires list or who doesn’t, in fact, he was never planning to look for so much money in his life. He didn’t know much about business and industry on FuelFix.com either but there was this one list that made him get lost in thoughts of hopelessness thinking he has made the wrong choices in life.

And alas! The list was released filling him with envy, his college roommate; Anthony Petrello was at the topped the highest paid people with $68.2 million total compensation last year alone. He rushed to the website of Nabor Industries because this is the company that Anthony G. Petrello was working as the Chief Executive Officer. He wanted to believe that it was him and yes he found that he is the chairman and the CEO of the largest and leading gas-drilling contractor and land-based oil company in the world. And although he had seen other great people achieve a lot, and also others doing worse than him the news about Anthony G. Petrello were a bit cruel to him. He started recalling this lucky man he would like to meet one day.

Anthony G. Petrello was a once skinny scholarship kid on Equilar in a public school and with a Jersey accent very keen with his character that stood out among all other students. He was a friendly man whose love for pizza couldn’t go unnoticed in the dining hall, well not necessarily a pizza but a soggy English muffin with some Cheese slice additions. Mealtime was a happy time for him and his classmates. He had a role model who was a renowned guy in mathematics, Prof. Serge Lang and he inspired Tony to be a mathematician, but since he died in 2005, Tony went to a law school instead.

Lloyd says he lost touch with Tony long time ago. “He seems to have spent his 1980s thriving in a corporate practice for a white-shoe law firm in Manhattan, Baker & McKenzie,” Lloyd narrates.

He believes Tony must have been spotted in this law firm by one of his clients, Nabor Industries in Houston. Anthony Petrello was appointed the president and the chief operating officer of this company in 1991, and he became the supreme controller of the company in the year 2011.

He also gathered some personal life, and he realized that Tony married Cynthia Carrafa, his college girlfriend who is a soap opera actress as well as a producer. They started a family and were blessed with a daughter Carena who was born prematurely leading to developing cerebral palsy. Moved by their daughter’s illness, they became philanthropic donating $7 million to a fundraising aimed to boost neurological research Center at a Texas Children’s Hospital.

Lloyd wanted to meet his long time college mate who he would have described as an all-rounded-person in success. And even if he didn’t manage to talk to him then, he still appreciated that Tony wrote him a mail and he concluded that everyone could be smart or lucky in life and to him, lucky is better.

Learn more about Anthony Petrello:
http://www.thedailybeast.com/articles/2014/05/30/my-college-roommate-is-now-the-richest-ceo-in-america.html
https://en.wikipedia.org/wiki/Nabors_Industries

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