Tony Petrello is popular as one of the top-paid CEOs in the United States. He heads an oil and natural gas drilling company known as Nabors Industries. It is the biggest drilling technology company in the world. It provides drilling equipment and services to oil and natural gas companies all over the world.
Tony Petrello joined the company in 1991 and has been a part of it since then. He has moved from the position of COO and president of the company to now the CEO and chairman of the executive committee of the board. His input in the company has transformed it from a small company in the early 1990s to now a global giant.
Tony Petrello may be known for his role in the management of Nabors Industries, but there is another field he is doing very well. He is in philanthropy, and his donations are making a huge transformation in the lives of the people. One of the missions he is supporting is the development of a neurological research center in Texas. The facility is located at the Texas children’s hospital. The facility is center for research and treatment of children with neurological disorders. One of the challenges that face this medical field is that there has never been research done to identify what causes neurological disorders in children.
Read more: Tony Petrello Donates $7 Million to Texas Children’s Hospital of Houston
Tony Petrello was inspired to engage in philanthropy by the condition of his daughter Carena who was born with a neurological disorder which later developed into Cerebral Palsy. This is a condition which has left her handicapped; she cannot coordinate movements and therefore eating or walking are very hard tasks for her. While Tony Petrello was looking for treatment, he did not get even a single hospital that could help her daughter. This was when he decided to go back to Texas and work with Texas children’s Hospital so that they could start a facility that could come up with a solution to neurological disorders in children.
Tony has been contributing funds to this facility. So far, he has given out $7 million which have gone to equipping the facility and getting the world’s top doctors and surgeons. Petrello hopes that one day the facility will come up with a solution to the cause of neurological disorders in children. This is the only way, her daughter and thousands of many other children from all over the world can get to live a better life.
George Soros is a liberal billionaire who has been striving to support marginalized communities across the world. He has given a lot of money to ensure that all people in the society are equal. Soros created the Open Society Foundation about three decades ago, and he has been using it to run his charity work. The organization has been making sure that people do not violate the rights of the minority in the community. The billionaire has to date given over $12 billion to support the activities of various individual and groups that work towards making sure there is justice, freedom of speech, accountability, and transparency. The Open Society Foundation has been on the frontline in fighting for the rights of Roma community who are a minority in Europe. It also protects drug addicts, LGBTI individuals, sex workers, and other people who are despised by the society because of their lifestyle.
The billionaire has accumulated most of his wealth from Soros Fund Management, which is a highly profitable hedge fund enterprise that he established in 1970. He has been committed to making positive changes in various issues that most people ignore, and this has made him donate a significant percentage of his wealth to helping people. The Open Society Foundation is currently made of a couple of projects, partners, and groups that have a presence in more than 100 nations. It kicked off its participation in charity in 1979, and its first beneficiaries were black South Africans who were sponsored to attend universities abroad. Many other people from marginalized communities have benefited from the activities of the organization. Visit projectsyndicate.com to know more about George.
Soros was one of the people who donated money to facilitate the Ferguson protests. He joined efforts with various civil and human rights foundation across in the country to ensure that there was justice for Michael Brown. Brown had been shot by Darren Wilson, yet he was an armed. Soros facilitate the protests hoping that they would lead to civil action against the police officer. The activities of George Soros’ organization transformed the crime scene into an issue that attracted the attention of the local and federal governments.
Tax information of the Open Society Foundation showed the more than $33 million was donated to individuals and institutions that mobilized the Ferguson protests. The organizations strived to influence people in the grassroots. The director of the Open Society Foundation believes that all governments should involve their citizens in important activities so as to ensure that there is justice, inclusiveness, and accountability. In the past three decades, George Soros has offered billions of dollars towards bodies that facilitate equity in societies. All civil and human rights foundations that participated in the Ferguson protests wanted to make sure that there was justice. Learn more on Biography about George
Giving is godly, a quality possessed by only a few of us. Dick DeVos is one full-time giver who throughout his lifetime has made sure that the underprivileged members of society get attention. Born from a wealthy background, Dick has not let his family’s wealth get over his head. As a result, he has helped children from low-income families get something meaningful out of their lives thus restoring a hope that was previously non-existent. As a 61-year-old who lives in Grand Rapids, Dick has been able to take responsibility of Windquest Group for more than a decade. As it so happens, Mr. DeVos has also had the opportunity of working for the Amway Corporation, West Michigan Aviation Academy, Willow Creek Association, Orlando Magic & Amway Center in the capacities of a president, chairman, vice chairman, CEO, and vice president.
In his lifetime, Dick DeVos has funneled most of his philanthropic efforts to education. With his wife Betsy, the duo has been able to transform the educational landscape of America. Apart from political donations, Dick DeVos has contributed a lot of funds to education. By the assistance of close family members, Dick has been able to provide close to $139 million to philanthropic courses. Most of the funds have come as a realization through the Dick and Betsy DeVos Foundation, an organization meant to give better services to the people. As a high profile citizen, Mr. DeVos has had deep involvements in matters regarding politics, primarily supporting the Republicans. Dick together with his extended family has given out more than $1 billion in philanthropy. To this end, the DeVos Family has been ranked by Forbes magazine at position 24.
Since education is Dick’s top priority, he has been able to support educational causes and groups from across the United States of America. Through time, Dick has helped initiate reforms that center on education thus enabling children born from certain zip codes to have a shot at accessing high-ranking learning facilities in the country. It is because of an individual like Dick that the education system in America is yet to see better days. Dick DeVos has supported programs that nurture young leaders, as well as had a hand in the success of art students across the country. Due to Dick’s highly accommodating nature, he has been able to show the world that people can also succeed by exploiting their gifts and talents fully. Dick and Betsy DeVos have rallied their financial support behind Christian institutions as well as schools that prove to be accountable for all their actions. Currently, Dick DeVos is a happy man having given young people a platform from which to advance their livelihoods. Thanks to Dick, the quality of education in America has improved tremendously.
Anthony Petrello is the president and CEO of Nabors Industries. He is also a member of Texas Children’s Hospital Board of Trustees. Antony and his wife, Cynthia, donated $5 million and pledged $7 million in a fundraising effort to support a research initiative for kids with neurological diseases at Texas Children’s Hospital.
Their philanthropy is inspired by adversity. Caren, the couple’s eight-year old daughter, suffers from periventricular leukomalacia (PVL). She was diagnosed with the disease, common in infants, at birth. The neurological disease, which is brought about by lack of oxygen and/or blood flow to the brain, caused cerebral palsy and other delayed developmental issues to Caren. After numerous repetitions, their daughter has mastered how to chew food. She is also learning how to walk.
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Anthony Petrello understands the frustration of parents living with kids suffering from neurological diseases. Recently, he conducted a research on different pediatric institutions across the country. Petrello learnt that parents would go out of the way if they were assured half a chance of their kids’ recovery. He realized that something needed to be done to rescue the situation. To demonstrate their commitment to helping other parents cope with these diseases, the couple decided to support the Neurological Research Institute (NRI) at Texas Children’s Center where their daughter is receiving treatment. Texas Children’s Hospital and Baylor College of Medicine developed NRI to foster research collaboration of between 30 and 40 faculties, clinicians and scientists. They seek to develop treatments for neurological diseases in children.
Tony Petrello joined Nabors Industries, the largest drilling contractor worldwide, in 1991. He was appointed to serve as a member of the board of directors. In addition, Tony serves as the chairperson of the executive committee of the board. Over the years, he has held several positions in the company, including being the chief operating officer and deputy chairman. He is in charge of developing strategic plans that enable the company to thrive in the highly competitive industry. Tony is also a director of Hilcorp Energy and Stewart & Stevenson LLC. At Baker & McKenzie’s New York office, the executive served as a managing partner.