Because Tony Petrello is a very successful businessman and CEO of Nabors Industries his work as a philanthropist is often overlooked. Late last year the highly paid CEO donated $7 million of his own money to Texas Children’s Hospital of Houston. Unlike many wealthy individuals, Tony Petrello sees philanthropy as more than just a hobby or tax write off. It is something he is deeply passionate about and puts a lot of effort into. Yet his many charitable contributions are routinely ignored. This doesn’t stop Petrello though. After all he doesn’t do it for the recognition.
Tony Petrello’s philanthropist efforts often revolve around medical research and patient care. It is obvious that he has a particularly soft spot for those suffering from an illness. This can most likely be attributed to the fact that his daughter suffers from periventricular leukomalacia (PVL). The neurological disease is debilitating leading to a host of physical issues. It is most often caused by a premature birth. Seeing his daughter struggling led him to seek out answers that would improve her quality of life.
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Unfortunately, Tony Petrello did not find the answers he was looking for, instead he realized that there had been little research done regarding childhood neurological diseases. Knowing this he decide to team up with the Texas Children’s Hospital. He has been actively supporting the hospital’s neurological research center for more than 10 years.
Tony Petrello also has his hands in many philanthropy efforts based in education. He is a constant contributor to an endowment for an annual prize at Yale University, his alma mater. He donated well over a $100,000 to the award.
About Nabors Industries
Nabors Industries is a global oil & gas drilling service company founded in the late 1960’s. No land drilling company brings in more revenue yearly than Nabors. 500 rigs working in more than 25 countries is very tough to compete against.
Check more about Tony Petrello: https://thereisnoconsensus.com/mathematics-law-business-charity-unique-american-dream-tony-petrello/