Tony Petrello: The CEO Who Puts Philanthropy Over Profits

Tony Petrello is the Chief Executive Officer of Nabors Industries, Ltd., and on top of being one of the highest paid CEO’s in the nation, he is a philanthropist that gives his all to humanity. When Hurricane Harvey struck Texas in 2017, he didn’t sit on his butt doing nothing. Instead, he directed Nabors Industries to give its employees paid time off to go help out the people who got hit the hardest.

On top of this, the company opened up its own on-site kitchen and prepared meals three times every day to give to families in the area who were effected by the hurricane. CEO Tony Petrello also helped to set up the Nabors Disaster Relief Fund where he committed himself to matching donations made by the employees of the company that would go to hurricane relief. After the employees of Nabors donated $173,622 out of their own pockets, he matched it with his own money, too.

Read more:How Tony Petrello Helped Houston With Hurricane Harvey Relief

Tony Petrello also recently welcomed Tommy Tune, the Broadway legend, back to Houston by hosting a cocktail reception in his own home. Many don’t know that while Tommy Tune lives in New York, he was born in Texas and attended high school in Houston. In Tommy’s honor, Tony Petrello and his wife, Cynthia, invited 50 guests to a party at the mansion of the Petrello’s. This was done to support the arts and culture and is just one of the many great things that Tony Petrello does in this capacity in his hometown of Houston. Together with his wife, he has also started up the Petrello Family Foundation, which works to help with the performing arts,m health, and education in the city of Houston. The deep mark they have left on the city of Houston motivated the Smithsonian to give them the Woodrow Wilson Award for Public Service.

Tony Petrello will sometimes focus his philanthropy on very specific causes and missions that are close to his heart. One of these is the Texas Children’s Hospital, which is working to find real treatments for children who suffer with neurological disorders. It was the fact that his daughter, Carena, suffers from periventricular leukomalacia (PVL) that drew his attention to a set of diseases that really have no cure as of yet. When he discovered that there was no hospital or medical office working on these issues other than one, he donated large sums of money in order to help the Texas Children’s Hospital with its mission.

Thanks to Tony, many people will not have to suffer that otherwise would have. He truly has made the world a better place.

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