Tony Petrello: A Successful Businessman And Philanthropist


It’s not every day we hear of people who have achieved great success in the corporate world. One such individual is Tony Petrello. Growing up as a young boy in Newark, NJ, he rose to become the CEO of the world’s largest drilling firm. Mr. Tony has also impacted lives through his philanthropic activities toward children suffering from neurological disease.

Tony Petrello’s career is nothing short of successful. In 2015, Mr. Petrello topped the ranks of the highest earning CEO in the U.S. At the age of 62, he received a whopping $15, 372, 429, thanks to his diversified investment options.

A Successful CEO of Nabors Industries Ltd.

Tony is the CEO of Nabors Industries Ltd. that owns the world’s largest land-based drilling company. It specializes in offering drilling services and rig-fleets to land-based companies and off-shore drilling companies globally.

Founded in 1952, the Houston-based company has earned a reputation for helping drive the growth of the oil and gas industries. Under Tony’s leadership, the company recorded annual revenue of over $2.2 billion at the end of 2016.

Tony Petrello has led the company to world recognition. The most significant change came in 2002 when he opened business opportunities for the company to penetrate off-shore while he was still the company’s COO. Since then, he has been behind some of the firm’s most significant acquisitions.

Petrello’s Dedication to Charity Campaigns

Tony Petrello started his philanthropic deeds before joining Nabors Industries. His caring character is known to many. His urge to help the less fortunate grew especially when his daughter was born prematurely with a neurological disorder. Caren was diagnosed with Periventricular leukomalacia, which resulted in cerebral palsy which impaired her motor system.

Tony and his wife, Cynthia, donated $5 million and pledged an additional $2 million to help in the establishment of the Neurological Research Institute located at5 the Texas Children’s Hospital. The institute is dedicated to medical research and helping children to receive high-quality treatment from qualified practitioners and surgeons.

Early Life and Education History

Tony Petrello was born in Newark, New Jersey. After quitting his job in New York, he relocated to Houston, TX where he became the President and CEO of Nabors Industries Ltd in 1991.

He holds two degree certificates in Mathematics from Yale University and a law degree from Harvard University. From his education, Tony could have elected to pursue a career as a professor or a lawyer. Nonetheless, he decided to focus on a career in the oil industry. Today, his success as a corporate executive precedes him.

Barbara Stokes Proves GSH’s Worth to FEMA


Following the damage done by disasters such as Hurricane Harvey, there us much rebuilding that needs to be done. It is the job of government organizations like FEMA to facilitate relief. One they do that is contracting other companies to rebuild, rehouse, and offer aid to all victims. Learn more about Barbara Stokes at Crunchbase. One such company is Green Structure Homes, a disaster-relief contractor from Alabama. Using state-of-the art design and manufacture techniques to create easily assembled modular homes. The homes can be assembled in a matter of days, and do not require a lot of hands in their constructions. They are designed to be both stationary and mobile, sport a full kitchen, bathroom, sprinklers, and can have a wood or steel frame. The idea behind these modular homes is that they can provide speedy housing in areas where homes were lost. Instead of cramming survivors into relief areas like school cafeterias, or sports arenas, they can be given their own private home. The ready-made housing can also be used for relief-workers. Under the leadership of Barbara Stokes the company has enjoyed much success since its founding. Now with a $28.5 million dollar contract from FEMA, the company is preparing to expand. Follow Barbara Stokes on Linkedin.com.

GSH is stretching its business across 8 states with new manufacturing facilities being built in North Carolina, Florida, Minnesota, Louisiana, Virginia, Pennsylvania, and Texas. The facilities will supply the parts necessary to construct the homes. Barbara Stokes, CEO and co-founder of GSH, hopes that the facilities will revitalize the economies around them, providing more jobs for the people there. A graduate of Mercer University Barbara Stokes has been working in the arena of disaster relief for decades. The innovative design of GSH’s modular homes make them an instrumental part of disaster relief effort. As housing is the most sought after commodity for both survivors and workers, the ability to assemble workable living quarters at a fast rate is extremely ideal. GSH effectiveness leaves no doubt in why FEMA awarded them a contract. One always needs the best person for the job.

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