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Tony Petrello: A Journey from Petroleum to Philanthropy

The journey Tony Petrello took to be where he is today, as the CEO of Nabors Drilling, is an unlikely and fascinating story. A math prodigy of sorts, he got a scholarship to study it further at none other than Yale University. While studying there, he got the chance to study with some of the famous professors who taught there. Eventually, he graduated with a degree in math. However, at some point, Tony decided that math was not his calling and decided to join Harvard Law school. After graduating from Harvard he joined the well-known law firm, Baker & McKenzie. After working there for a while he was sent to work at the firms New York office where he eventually became a managing partner.

While working at the law firm he specialized in Business Law and Taxation. A client of this firm was Nabors Industries, one of the biggest players in the oil drilling business. Soon after Tony started handling their work, they noticed that his analytical skills were unparalleled. Pretty soon, they offered him a job at Nabors and that is how in a nutshell Tony Petrello went to work for Nabors Industries. By 1991 he was sitting in Chief Operating Officers chair at his new office in Texas. A year later he became the president of the company. As president, he oversaw the acquisition of two other oil related companies.

A native of Newark, New Jersey, Tony Petrello showed amazing acumen in Mathematics at a young age. In fact, during his school days, he was a celebrity of sorts, for being a math whiz kid. However, even though he had a stellar career in law practice as well as in the oil industry, his life is not only about corporate affairs. He is also active in philanthropy. His area of interest as far as philanthropy is concerned is helping children with neurological disorders. This happened after a daughter was born to him and his wife Cynthia, with Cerebral Palsy.

This is when he and Cynthia donated $7million to the Texas Children’s Hospital. The money was put to good use and the hospital was able to build a world class practice dedicated towards the treatment and study of this and other neurological conditions. The result of all this is that countless children from all over the world were able to get state-of-the-art treatment. The Institution is called the Jan and Dan Neurological Research Institute, and since its founding, Tony has been very active raising funds for it, which amounts to millions of dollars. With all of this success and accomplishments under his belt, Tony remains as a humble person crediting luck for many of his accomplishments.

To know more visit @: www.wsj.com/articles/SB10001424127887324392804578358772612205556

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