Anthony Petrello’s Philanthropic Overview

Anthony Petrello, commonly known as Tony, has utilized his leadership position in the participation of a variety of philanthropic activities. Anthony has demonstrated his passion directed towards helping other individuals improve their living standards. Also, Anthony’s charitable works have proven many researchers wrong, who provide findings that illustrate the greediness of oil executives. Anthony’s personality defines his generosity contrary to adverse information relating to individuals working in the oil sector. Mr. Petrello’s charitable causes are a result of his intrinsic motive regardless of his status. Anthony Petrello began serving the community way before he attained the leadership role at Nabors Industries. Over his lifetime, Anthony Petrello has participated continuously in events that leave different spots on people’s lives. After joining Nabors, Tony became the iconic CEO whose intent is directed towards advancing charitable institutions.

Anthony Petrello partners with his wife, Cynthia Petrello in the funding of many organizations. He provides his emotional and financial support to scientists in the medical field. The most recent donation made by the couple amounted to approximately $5 million and pledged to add $2 million to aid in the realization of new studies. Anthony’s giving to the medical sector is driven by a personal reason concerning her daughter, Carena. Carena was born with an infant disease that affected her motor activities. Although Carena is eight years old, she began to eat solid food the previous year. Every progress Carena makes gives Anthony and Cynthia a reason to be happy and offer support to health institutions for other kids to live a healthy life like the other children.

Anthony believes in the power of humility and prayer in the healing of Carena. Anthony’s philanthropic activities led to the realization of a sophisticated health institution known as the Texas Children Hospital. The health center is capable of finding a cure for children with problems similar to that of Carena. The hospital consists of a team of hardworking and dedicated medical experts whose expertise can impact Carena’s life significantly. Besides carrying single operation in charitable causes, Anthony Petrello invites other eminent personalities to join him in his work. Anthony postulates that individuals who are to motivate his philanthropy have an opportunity to do so by merely communicating with Neurological Research Institute at the Children’s Hospital. Besides health support, Mr. Petrello donated $150,000 to be used in the creation of an endowment in appreciation of his late professor Lang.

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Tony Petrello Donates $7 Million to the Texas Children’s Hospital

Many people recognize Tony Petrello as the CEO of Nabors Industries. However, he is also a philanthropist. His philanthropic efforts are aimed at helping kids born with neurological disorders to lead better lives. Tony Petrello donated $7 million to the Texas Children’s Hospital to facilitate the hospital initiate research into the cause of neurological disorders in kids.

Petrello is passionate about helping children born with neurological disorders as his daughter Carena, 8, was born with periventricular leukomalacia. The condition makes it hard for Carena to learn things at the same rate as healthy kids. In fact, as an 8-year-old, Carena is learning to chew solid food, walk, and communicate. Carena has been an inspiration to Petrello and his wife, Cynthia, as the two decided that they will fund projects meant to help their kid and others like her.

Of course, when medical practitioners diagnosed Carena with the condition, Petrello and Cynthia set out to help her get treatment. The two researched the best medical facilities both in America and internationally and concluded that information on Carena’s condition was limited. Also, they discovered that Texas Children’s Hospital was one of the leading medical facilities regarding the management of neurological disorders. Petrello’s donation was meant to improve the facility’s ability to manage the numerous neurological disorders afflicting thousands of children across America. In 2007, Petrello persuaded Dan Duncan, the Chairman and Director of Enterprise Products, to donate a whopping $50 million towards equipping the Texas Children’s Hospital.

Duncan’s donation was used to build Jan and Dan Duncan Neurological Research Institute.
Petrello donated $150,000 towards an annual prize meant to commemorate Serge Lang. Lang was a mathematics professor at Yale before his demise last year. Lang and Petrello worked together on various mathematical theories including Lang’s number theory while Petrello was an undergraduate student at Yale University. It is imperative to mention that Petrello’s abilities in math were above par.

Petrello is an alumnus of Yale University and the Harvard Law School. He started out his career with Baker & McKenzie in 1979. Seven years later, he became the managing partner at the firm. In 1991, Petrello joined Nabors Industries, the largest land driller with interests in oil, natural gas, and geothermal. Before reaching the helm of the company, Petrello served in different positions including as a directors and the executive committee of the Nabors’ board and chief operating officer. Presently, he is the CEO as well as the Chairman of the Board.

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