Tony Petrello’s Perseverance In Philanthropy

Petrello’s Background
Tony Petrello, also known as Anthony Petrello, was listed as one of the top paid CEO’s in the US. He is currently the CEO of Nabors Industries. Nabors is a company that drills oil and natural gas. Though even with these accomplishments, Petrello’s life story of rags to riches paves a path for all walks of life.

Tony Petrello grew up in Newark, New Jersey. He did not grow up with wealthy parents. They were average, working-class Italian-Americans. He excelled at mathematics. When Petrello turned 18, he demonstrated calculus and algebra skills far beyond the level of his peers. He was subsequently accepted into Yale University on a full scholarship. He moved into a dorm at Yale to purse his passion.

Petrello excelled at Yale, even with some of the toughest conception. Petrello worked closely with Serge Lang, a popular mathematical theorist. Together, they solved complex theorems that most Yale attendees struggled with.

After a continued success in mathematics, Petrello lost his passion for the industry. He decided to pursue Harvard Law School. He became CEO of Nabors after 30 years of work.

Philanthropy and Unity in Houston
Nabors owns 1,050 rigs that supply jobs to 100,000 workers. During Hurricane Harvey, residents were hit hard with the effects of the storm, and many were left homeless. Nabors Industries is a major Houston business. They funded the repair and damage costs from the storm. Petrello formed unity within the city. He also recently opened up his home to Broadway star Tommy Tune, during his Houston stay.

Tony Petrello and his wife Cynthia have one daughter, Carena Patrello. At birth she had neurological complications, limiting her ability to walk, speak and eat. She was diagnosed with periventricular leukomalacia. With little research regarding this condition, Tony and Cynthia had to search for a treatment.

Jan and Duncan Neurological Research Institute is a wing of the Texas Children’s Hospital. Tony and Cynthia donated $7 million for the wing’s development. The wing is designated to help children with neurological complications.

In order to give back to the community of aspiring Yale attendees, Petrello created an award in honor of his mentor Serge Lange. Petrello donated $150,000 towards the fund. The goal is $450,000. The money will be a yearly prize offered from Yale University.

Read more: The Real Story Behind Anthony Petrello’s Success as CEO of Nabors Industries


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