Anthony Petrello Is Turning His Wealth Into Health

Anthony Petrello’s seemingly perfect life is missing one thing: luck. Regardless of their fortune, Anthony and his wife Cynthia Petrello can’t buy everything. Degrees from Harvard and Yale prepare a man for many things; an ill child isn’t one of them. Before Anthony’s priorities transformed from wealth to health, he succeeded as Director of MediaOnDemand.com, Stewart & Stevenson LLC, Deputy Chairman followed by Chairman of the Board where he is also the President and CEO of Nabors Industries Ltd earning $27,512,939 in compensation for Fiscal Year 2015. No other board affiliation is as meaningful as his most recent though.

Texas Children’s Hospital Inc. appointed Mr. Anthony Petrello Director on the Board of Trustees where he advocates research for children with neurological disorders. Tony and Cynthia’s daughter Carena developed Cerebral Palsy after weighing only 20 ounces at birth. Born prematurely at 24 weeks, Carena was immediately diagnosed with Periventricular Leukomalacia (PVL). The Petrello’s investigated pediatric research institutions across the United States, Europe, South America and the Caribbean but no research existed for children.

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What some fathers may have seen as an expense or a burden, Tony saw an opportunity in his own backyard. Topping the best-paid-bosses list won’t enhance her quality of life. Even $25 million a year isn’t enough to cure his daughter. For a stroke of luck Tony Petrello will not sit idle. Large scale translational research is an initiative worthy of same kind of commitment he proved at Nabors.

Nothing shifts priorities like parenting. An initial donation of $5 million to Dan and Jan Duncan Neurological Research Institute is the start of a personal journey, perhaps Tony’s most successful endeavor yet. Tony’s contribution and dedication to this kind of ground breaking pediatric medicine is an investment that will impact his own, as well as families from around the world for generations.

Related:  http://www.thedailybeast.com/articles/2014/05/30/my-college-roommate-is-now-the-richest-ceo-in-america.html