Tony Petrello Hosts Reception Party At His Home For Tommy Tune

Tony Petrello and Tommy Tune each have unique stories, and their careers basically had them switch locations with Petrello leaving a blue collar neighborhood of Newark, NJ to become CEO of a multi-billion dollar oil drilling company in Houston, while Tune left the Houston scene to takeover the stage on Broadway in New York. Tune has starred in many productions over the years and has won several Tony awards for great performances, and he also became good friends with the Petrellos during that time. He received a warm welcome when he came back to Houston to star in a musical at a local theater, and many esteemed guests came with him to a reception party at the Petrello estate. It was fitting because despite Tune’s life in New York City, he is still close to the Houston community and has given back to just as Petrello has over the years.

Tony Petrello’s position as CEO and Chairman of Nabors Industries has made him a leader of one of the world’s largest stock of oil drilling equipment, and he’s responsible for the company’s strategic development initiative. During the time he’s been at the company, its seen its profits increase tremendously and many patents in drilling technology have been registered. Tony Petrello also had his contract renewed in 2013 and as a part of the new deal, he was paid millions in bonuses and saw his stock and equity options increase making him the highest-paid CEO that year at a whopping $68.7 million.

Tony Petrello’s early life was not spent in wealth, but he had a gift for solving math problems that many of his friends took great notice of. This talent helped him gain acceptance to Yale University where he studied under and became an assistant to Serge Lange, a renowned professor who specialized in algebraic equations. But instead of following in Lange’s footsteps, Petrello went into law after graduating from Yale. He spent 13 years as an associate and partner at Baker & McKenzie, and it was his expertise in tax laws and managing accounts outside the US that prompted Nabors Industries to hire him as Chief Operating Officer. Since joining Nabors Industries and relocating to Houston, Petrello has given to many Houston charities but probably none more dear to him than the Texas Children’s hospital. Petrello has a young daughter that suffers from cerebral palsy, but in hopes of helping her and other young children he has given over $7 million to the hospital’s research center.

Meet Tony Petrello: He’s The Chairman And CEO Of Nabors Industries Who Gives Back To Those In Need

Tony Petrello may be a long time resident of Texas, but he was born and raised in New Jersey. Petrello is Chairman, President and CEO of Nabors Industries, Ltd., one of the largest land-drilling companies in the world. His impressive résumé includes a Juris Doctor earned at Harvard University, and an undergraduate and master’s degree earned in mathematics from Yale University. He also has an impressive résumé when it comes to giving back to charitable causes.

Yet, even with Petrello’s wins in business at Nabors Industries, and an impressive education in mathematics and law from Ivy League schools, he has dealt with challenges on a personal level. In 1997, Petrello’s daughter was born premature at just 24 weeks old. Their newborn, Carena, weighed just 20 ounces. In addition to a premature birth, Carena was diagnosed with periventricular leukomalacia (PVL), a neurological disorder.

As a result, Petrello’s daughter, Carena, ended up developing cerebral palsy, which is a neurological condition that can impedes a child’s physical development and lead to additional issues.

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


For someone like Anthony Petrello, who was considered a genius in mathematics for solving complex math problems at Yale, Carena’s rare medical condition led him to delve deeper into her issues. He was interested in figuring out what the cause of Carena’s premature birth was, along with her neurological disorders.

Carena’s rare condition led Petrello and his wife, Cynthia, to donate resources to Texas Children’s Hospital to fund neurological research. The Petrello’s created the Petrello Family Foundation in 2001, which focuses on improving education, medicine, as well as the performing arts. The couple donated 7 million dollars to Texas Children’s Hospital, and were co-chairs for a campaign to raise more than 500 million for the hospital. The Petrello’s have been charitable not only for medical research, but for other causes.

The Petrello’s have also donated to the performing arts. In November of 2017, the couple hosted a cocktail party with 50 special guests for Tommy Tune, a famous Broadway legend who the couple welcomed back to his home state of Texas. Tune was born in Wichita Falls, but went to high school and attended graduate school in Houston.

Cynthia Petrello has a special bond with talents like Tommy Tune. Now retired, she was once a New York actress. Although New York is a distance from the Petrello’s in Texas, the couple’s show of gratitude towards Broadway and Tune is admirable.

See: http://www1.salary.com/Anthony-G-Petrello-Salary-Bonus-Stock-Options-for-NABORS-INDUSTRIES-LTD.html

Scott Rocklage: Working Hard to Find a Cure

Expansion Therapeutics has raising Series A funding for assistance in combating a variety of genetic disorders, including myotonic dystrophy type 1. This condition, also calls DM1, is the top cause of adult muscular dystrophy. Expansion Therapeutics recently added over $55 million to its current offers in order to help fight this disease. It is believes that symptoms of DM1 show themselves once RNA reaches a toxic level in the body.

 

Organizations like Sanofi Ventures, as well as 5AM Ventures and Kleiner Perkins all participated in the financing, and RA Capital Management and Alexandria Venture Investments lent their support as well.

 

RNA are the molecules that turn into proteins and are transferred from our DNA. When RNA is produced in cells and reaches dangerous levels DM1 can occur. The muscles, including the heart, as well as the central nervous and respiratory systems are affected by this disease. Some individuals also experience gastrointestinal distress and hormone imbalance. It is possible for whole families to have DM1 and the condition grows worse with each new generation. At this time, there are no effective treatment for the condition.

 

Dr. Scott Rocklage and his team are working with Expansion Therapeutics to find a cure for this disease. Dr. Rocklage is also working with a research team to find out more about DM1. There is also a plan in place to advance RNA-targeted molecules. Dr. Rocklage and his team are excited to continue partnering with Expansion Therapeutics and develop medications for patients in need.

 

Dr. Scott Rocklge is the 5AM Ventures management parter and graduated from the University of California Berkeley. He is also a graduate of the Massachusetts Institute of Technology (MIT), where he earned a Ph.D in Chemistry.

 

Visit http://5amventures.com/team/scott-m-rocklage-phd/ to learn more.

Adam Milstein: Bio in Less Than Four-Hundred Words

This here will address an activist TuviaMilsztein or known in America as Adam Millstein who is Israili-American. Adam Milstein is many things. He is a current community leader, active philanthropist, and a real estate investor as well. He was born in Israel, but in the year 1981 had moved to the United States of America. Milstein currently lives in California with his family and has three grandchildren and three kids.

When Adam Milstein lived in Israel he had played a part as an IDF. This was during the Yom Kippur War. For college, Adam Milstein attended the Technion and graduated in 1978. When he arrived in the United States he got from USC an MBA. He then started a job in Southern California Real Estate two years later form the move in 1983. He is currently a Managing Partner in a private commercial real estate investment firm. He is a managing partner there.

Adam Milstein does many kinds of philanthropic actions. One of them is an organization called SifriyatPijamaB’America, he and his wife Gila are both co-finders of this organization. This organization donates books in Hebrew for free to over 15,000 families in the United States who are Israeli-Jewish-America. He also is involved in the Millstein Family Foundation. This organization supports organizations like Hasbara Fellowships, StandWithUs, and Israel on Campus Coalition, and https://israeliamerican.org/national/team-member/adam-milstein.

The Adam and Gila Milstein Family Foundation (“MFF”) is a foundation to help a variety of organizations that are Pro-Israel. The main mission of the organization is to make the State of Israel stronger which is the homeland of the Jewish people. Another mission they want to complete is to guarantee the special relationship to the future and young Jewish generations of the State of Israel. Also, to strengthen the special ties it has with America as well. The philanthropic philosophy is to train and teach young professionals and students to of things like connect with the State of Israel and identify the Jewish roots they have. Three pillars the group has are “Active Philanthropy”, “life path impact”, and a “philanthropy synergy” as well, and read full article.

Pharmaceutical Company Executive Scott Rocklage

Scott Rocklage is a longtime executive in the pharmaceutical industry. As of today he is currently the managing partner of the company 5AM Ventures. Rocklage became the managing partner of this company in the year 2004 after serving as the venture partner the previous year. Scott Rocklage has been working in the healthcare management sector for over thirty years. During this time, he has established a track record of providing expert guidance and leadership to numerous organizations. Over the course of his career, he has helped a number of drug applications receive approval from the Food and Drug Administration. Along with getting three innovative drugs approved, Scott has also been able to get multiple drug candidates into clinical trials on a consistent basis.

 

The career of Scott Rocklage spans thirty years in the healthcare field. For most of his career, Scott has held a number of management positions. Today he is currently the managing partner of 5AM Ventures where he is responsible for setting the policies and overall direction for the organization. He was also the venture partner for this same organization as well. During the rest of his career, Scott has held various positions of significant leadership. These positions include chief executive officer, president and board chairman. At all of these positions, Scott has been able to successfully manage various organizations and help them reach a number of their respective goals.

 

Since Scott has held a number of executive level positions during his career, he has demonstrated a lot of leadership ability. During his career in the healthcare management sector, Scott has set goals, policies and overall strategy for a number of the companies that he has worked with. With his expertise and experience, Rocklage has been able to lead various organizations into becoming some of the best in the pharmaceutical industry. Over the years, Scott has used his expertise to help introduce suggestions for new drug applications, make arrangements for the approval of these drug applications with the FDA and also managing the day to day operations of the organizations that he has been associated with. Therefore, Scott is a proven leader in the healthcare industry.

 

Connect with Scott Rocklage on LinkedIn.

Betsy DeVos Role of Improving the Quality of Education

Over the years, Mrs. Betsy DeVos has been involved in numerous initiatives focusing on improving the American education system. She is an advocate of school choice which has enjoyed massive support among the low-income earning families. As a result of her efforts, Betsy was rewarded by President Trump and given the opportunity to head the U.S. Education Department. Prior to her appointment, Mrs. DeVos led a movement that championed for comprehensive reforms like tax credits, school savings account and vouchers. Her initiative was progressive in nature, when they (together her husband Dick) began sponsoring individual kids from poor families, but they realized that idea was not sustainable because several students were left out of the sponsorship program. Their initial plan started at Potter’s House, a school based in Grand Rapids which mainly served kids from low-income earners. Read more about her philanthropy at MLive.com.

In the early 1990s, Mrs. Betsy DeVos created an organization that offered sponsorships to students whose parents were unable to pay their tuition fees. These parents were offered the opportunity to select where their children should go to learn. This scholarship fund worked perfectly to some families, but it was not sufficient to address the entire problem. In fact, not all parents were lucky to get the scholarships, meaning that their kids would still not receive the education they deserved. Later, Betsy served as a board member of two charity organizations that focused on expansion of school choice programs. Through her political experience and engagement, Mrs. DeVos established the Great Lakes Education Project, a political action committee based in Michigan, which advocated for reforms through increasing the number of charter schools across the state. Within two years, the work of the Great Lakes Education Project had touched many poor families in Michigan, and that motivated Betsy and other reformers to seek ways of expanding the program to other states.

Career Profile of Betsy DeVos

Before Mrs. DeVos joined Trump’s government, she served as The Windquest Group’s chairman. She had served in that position for several years, where her husband is still serving as the President. As she has been very active in the education scenes, Betsy was also part of boards of several local and national organizations. In her new role, Betsy is expected to steer forward President Trump’s education agenda for all American students. As a person who understands quite well all the weaknesses of the U.S. education system, Betsy will continue to advocate for the control of education to return to the and localities. This would give parents broader options of choosing the perfect education setting for their kids. Betsy DeVos has been voicing her concerns on the need of reforms in the education system, hoping that one day all kids in America will access the desired education to enable them realize their dreams. Read her interview with Philanthropy Table

George Soros vs. Donald J. Trump

It may seem ironic that George Soros, a self-made billionaire is at odds with Donald J. Trump, also a billionaire on several levels. The concept of wealth in the minds of Main Street Americans is that all billionaires agree. Learn more on Biography about George

Prior to the election of Donald Trump, George Soros supported Hillary Clinton. This is due to the fact that George Soros has been a big supporter of the Democratic Party.

However, at the World Economic Forum of 2017, held in Davos, Switzerland, George Soros provided an assessment of the newly elected Trump.

The Soros Perspective on the Future for Donald Trump

Interestingly, George Soros, the quintessential business guru, gave his opinion of the future for Donald Trump’s administration. At Davos, Mr. Soros stated, “He’s picked three chiefs of staff instead of one.”

He added that he surmised that the chosen members of the Trump cabinet don’t seem to have a collective view of how Trump should govern. As George Soros stated, “His cabinet comes from various establishments,” said Soros. “There will be infighting,” he predicted.

Ref: http://fortune.com/2017/01/19/george-soros-donald-trump-davos/

Ref: https://www.youtube.com/watch?v=Cz3MTcEqJ54

George Soros – Financial Oracle

In the past George Soros, sometimes recognized as “The man who broke the Bank of England” when he placed a short bet against the British pound, was asked to speak at the European Union Parliament in Brussels, Belgium at the time of the British vote on Brexit.

Mr. Soros has a vested interest in advising European countries due to that fact he was born in Budapest, Hungary and escaped the Nazi Regime and later Communist occupation.

His advice on financial economics in Europe is highly valued and relied upon due to his years of experience and knowledge of the cause and effects of financial instability in global markets and trade. Learn more on discoverthenetworks.org about George Soros.

The Soros vs. Trump Financial Strategies

George Soros strategies on finance are at odds with that of Donald Trump. Where George Soros deliberates over decisions relating to finance, Donald Trump’s style is often viewed as “spur of the moment.”

As George Soros stated to the European Parliament in June 2016, regarding Brexit, “The vote for Brexit was a great shock to me and, I imagine, to most people in this room. Last Friday morning, the disintegration of the European Union seemed practically inevitable.”

Donald Trump’s statement regarding Brexit, “An early trade deal would make Brexit a great thing” as reported in the UK’s Telegraph media.

From an objective standpoint, it appears George Soros can substantiate reasons for the potential negative financial impact of Brexit. It appears George Soros was correct. The British pound began to fall in value shortly after Brexit.

Donald Trump clearly views Brexit as an opportunity for “individual” trade bases within each European country.

Know more: http://www.businessinsider.com/george-soros-billionaire-investor-profile-2017-1

Ref: https://www.youtube.com/watch?v=Cz3MTcEqJ54

Dick DeVos; An All-Around Giver

Dick DeVos, more popularly known as the Ex-CEO of Amway has spent a vast majority of his wealth funding educational organizations and grassroots movements.

 

DeVos, together with his wife and current Secretary of Education of the United States, Betsy DeVos have made close to $139 million in contributions to charity over their lifetimes.

 

The couple spent $11.6 million in contributions to charity in 2015, double the figure spent in donations to campaigns over a span of five years as has been reported to the federal government, something the DeVos family is better known for.

 

This dynamic duo have been a part of a larger family initiative toward charity for a while now, with Dick’s father, Richard DeVos having donated $104 million in 2015, and consequently getting the family into the Forbes ‘America’s Top Givers’ list in the 24th position.

 

According to Forbes, the DeVos family has given $ 1.33 billion, a quarter of the total estimated fortune they own, to charity. Dick’s wife also has a family equally inclined toward and known for their charity and giving.

 

The DeVos couple donated over $3 million to education related causes, with made up 26% of their overall donations totally this year. Out of this, another 3% was given to groups supporting educational reform.

 

Among those who received donations from the couple in 2013 were the Ferris State University in Big Rapids, the Compass College of Cinematic Arts in Grand Rapids, Detroit Charter School Company New Urban Learning getting, Potter’s House in Wyoming, Rehoboth Christian School and the West Michigan Aviation Academy.

 

The couple launched the first aviation-themed charter school, built on the Gerald R. Ford International Airport five years ago. They don’t just fund the school and it’s activities but use their network to pull in high-profile speakers such as George W. Bush, the former US president and astronauts from the Apollo mission.

 

Dick is clearly filled with pride when he talks of the graduating class of last year which got 15 pilots licensed. The focus of the school on STEM, robotics and aeronautical research and engineering attracts students from many walks of life who travel long distances to reach the institute, many of them falling under the economically disadvantaged category of which a good 40% come from minorities.

 

DeVos has held many financial positions in his long and illustrious career which include being Vice President of Amway’s operations and starting his own business titled ‘The Windquest Group’ among other ventures. He returned to Amway as President succeeding his dad in 1993.

 

He has also entered the political sector, having run for Governor of the state of Michigan in 2006, on a Republican ticket. Loved by many, Dick DeVos is truly an inspiration to all and among the most generous of wealthy people.