There are many terrible diseases that need to be cured. Research for these diseases takes millions of dollars. Tony Petrello is one of the very wealthy philanthropists who has generously donated large amounts of money over the years in an effort to eliminate terrible neurological diseases in children. Petrello became interested in helping this cause when his daughter was born with a brain disorder in 1997. Since then, millions of dollars of Tony’s money have been donated in an attempt to develop cures for many different types of diseases. Tony is particularly interested in curing diseases affecting very young children.
Tony Petrello’s generosity has benefited many hospitals and research labs. Most of these are located in Texas where Tony lives and works. He is very careful about the organizations he gives his vast sums of money to. He wants to be certain that his money is being used properly and not being put into an executive’s pocket. Therefore, he has a team of people who do research on which places are best suited to immediately put the money towards researching the cures for diseases. The vetting process for beneficiaries of Tony’s donations is very thorough.
Tony Petrello made his fortune as the CEO of Nabors Industries Ltd. This is a very successful company that seeks out new locations that contain gas and oil. They then drill for both of these resources. Tony has been the head of that company since 1991. He has degrees from both Harvard and Yale. He worked at a New York City law firm as an attorney for more than a decade before he landed the job as the CEO of Nabors. He now lives in the Houston area where Nabors has their headquarters. He is given credit for turning the struggling company around when he took over. The stock was bottoming out until Tony’s innovative business plan helped to chart a new course for the company.
Tony Petrello took the job at Nabors because he never could resist a challenge. He liked the idea of becoming CEO of a company that was once very successful and had fallen upon hard times. He was confident that he would have the skills to put Nabors back on top of the oil drilling industry where it used to be. He proved the executives who hired him right when the company started to make money again soon after Tony was hired.