Tony Petrello The Philanthropist

Tony Petrello’s original home is in Newark, New Jersey where he was born. He holds a Juris Doctor degree from Havard and BSc. and a Masters Degree in mathematics from Yale University.

Petrello resigned from his job in New York and moved to Houston, Texas where he later became the founder of Nabors industries in 1991. This company is the largest drilling contractor not only in the US but also worldwide. Tony Petrello gets hired by companies to drill oil. He is married to Cynthia, and they have a daughter named Carena.

A Philanthropic Soul

Although many executives are known to be mean and greedy, Tony is the complete opposite. This executive is known in Houston for his philanthropic acts. Before he even became the chief executive officer of Nabors Industries, he had was known as a caring man. Tony’s philanthropic deeds have continued to increase, especially after his daughter was born prematurely.

Looking for a Cure for Their Daughter

Tony Petrello’s daughter, Carena, got diagnosed with periventricular leukomalacia (PVL), a disorder that affects a baby’s ability to eat, walk, and speak. Carena is Tony and Cynthia’s biggest motivation when it comes to donating money for research. They hope to eventually find a cure for her. Carena’s positive attitude and kindness towards everyone is what inspires her parents even more. This is despite the fact that she is suffering from PVL.

Once they discovered Texas Children’s Hospital, a research facility right in their town, Tony and his wife decided to have their daughter treated there. The doctors at this hospital have devoted their efforts to helping Carena. They examine her on a daily basis trying to come up with a cure for her condition. Apart from the donations that Petrello’s family makes, they invite anyone to make theirs to the Jan and Duncan Neurological Research Institute.

Yale University Donation

While attending Yale University, Tony Petrello met with professor Serge Lang, who was new. They quickly became friends. Unfortunately, the professor passed on and while attending the memorial ceremony, Tony announced that he would donate $150,000 to start a fund in memory of Serge Lang. Many former Yale graduates also pledged to make their donations.

Hurricane Harvey

When hurricane Harvey hit some parts of Texas in 2017, Nabors Industries was at the forefront to help the victims. He allowed his employees to have a paid period off work to help those affected. Tony matched the donations his employees made too. Ten percent of his employees were affected by hurricane Harvey. His company used its on-site kitchen to prepare food for the victims, besides helping them with donations.

Tony has made a name for being a philanthropist who gives without expecting anything in return. He has taken social responsibility to another level.

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