Apart from his business activities through Nabors Industries, one of the other things that Tony Petrello is known to be passionate about is philanthropy. Since he has made wealth from the business activities he is currently involved in, he has decided to make an impact in the lives of other people. By giving back to the community, he will touch the lives of many people directly and indirectly.
Tony Petrello has made his wealth from the oil and natural gas drilling industry. He is the current CEO of Nabors Industries, the company with the best drilling technology in the world. It is normally contracted by the big oil companies and governments to assist them with oil exploration and drilling. Nabors Industries operates in 25 countries and have their drilling rigs being used in very may arts of the world.
Tony Petrello is married to Cynthia, and together they have a daughter named Carena. In philanthropy, his family plays a significant role. First of all, he is not in philanthropy because he feels he needs to dispose-off some excessive money, or he is trying to avoid taxation by channeling his money through charity organizations. His decision to engage in philanthropy is taken from his love for giving back to the community. He is doing this because he is passionate about it. One of the factors which have made him have such as positive attitude towards helping others is the kind of upbringing he had when growing up. He was taught the importance of observing work ethics and respecting other people. Tony Petrello has always taken this lesson seriously and always tries as much as possible to help those who are in need of his support.
One of the notable causes that he continues to support is the development of a research center for children suffering from neurological disorders. Petrello and his wife have contributed $7 million which have gone to a facility at the Texas Children’s Hospital which is currently researching on the treatment of neurological disorders in children. This facility has been of great help to hundreds of children who are brought here because there is no other facility in the world which is dedicated to the treatment of such medical problems.
Carena, the daughter of Anthony Petrello, is one of the children going through such a condition and is getting help at this facility. Tony hopes that one day, there shall be a treatment for these conditions which will stop suffering to thousands of children in the world.
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