Anthony Petrello’s Philanthropic Spirit

Anthony G. Petrello is the CEO of Nabors Industries Ltd., a global S&P 500 oil, natural gas and geothermal drilling contractor and the worlds largest land driller. Tony has become known as one of the most successful CEO’s in the United States and has gained a reputation for generous philanthropy. Tony has given back to his employees, community and his alma mater.

Lang Scholarship
Tony Petrello graduated from Yale University in 1976 with a degree in mathematics. During his time there he was mentored by revered mathematician Serge Lang. The effect Lang had on Tony was profound. Upon learning of the professor’s death in September 2005, Tony decided to give back to his alma mater by endowing a scholarship in memory of his teacher. In the true spirit of generosity, Tony also agreed that he would match the $150,000 he initially contributed upon the donation of an additional $150,000 that he hopes will be given by additional donors. Serge was a massive force in Tony Petrello’s development and he hopes that this scholarship endowment will help young people of future generations on the path to achieving success.


Generosity to Employees and Community
From August to September of 2017, Texas was ravaged by Hurricane Harvey. Tony’s home of Houston was particularly hard hit as were many employees of Nabors Industries. Once again CEO Tony demonstrated his philanthropic spirit helping the community to recover. Nabors employees, many of them affected by the disaster themselves, took the time to hit the streets and help wherever they were needed. Employees raised $173,622 in relief funds, a total that was generously matched by Tony.

Generosity in the Face of Personal Hardship
Anthony Petrello and his wife Cynthia have lived what could be called a charmed life, but not all has gone as planned. Their daughter Carena was born at 24 weeks and weighed only 20 ounces. Carena was diagnosed with Periventricular Leukomalacia (PVL) and her parents found themselves facing the toughest battle of their lives. They have worked tirelessly to help find a treatment for this condition. The Petrello’s donated an initial $5 million to the Texas Children’s Hospital Jan and Dan Duncan Neurological Research Institute and have committed to a total of $7 million. Carena goes to the institute daily and the Petrello’s hope their donations will go a long way towards helping their daughter and many other children who suffer from PVL.

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