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Tony Petrello donates to a neurological research center

Posted on 05 July, 2018 in Business Leaders, Investor

Tony Petrello, the CEO of Nabors Industries, is a generous philanthropist. While many people know him for great achievements in the oil and gas drilling sector, there is another area that he is showing great result too. His dedication to helping needy causes in Texas is outstanding. He has been giving donations to various initiatives, but there is one that stands out from the rest. His support of neurological health in children is the most significant cause that he is pushing for. His decision to support this cause was necessitated by the lack of research or any available treatment methods for children. He experienced it first-hand when he was looking for medical assistance for his daughter. As a known problem solver, he could not understand why no research work was being done to facilitate treatment of the little ones.

Tony Petrello took up the initiative of being the solution provider. He approached Texas Children’s Hospital which had a facility that was under development that was supposed to be a research Centre for children suffering from neurological disorders. The Jan and Dan Duncan Neurological Disorder was still in its early stages of development and was slowly growing due to lack of enough funds. When Tony Petrello learned about the status of this facility, he decided to use it as the solution for neurological problems in children. He promised to support the facility meet its goals by providing a donation of $5 million and a pledge of another $2 million later.

Tony Petrello and his wife has taken the matter seriously and have vowed to support it to the end. They now co-chair the committee which leads fundraising programs for the facility. Over $500 million has been raised for this facility. They hope that the research center will develop into a world-class health facility that will cure all the neurological disorders that children develop especially at birth. Tony Petrello and his Dedication to Philanthropic Causes.

Tony and Cynthia have a daughter named Carena who is currently suffering from a neurological disorder known as periventricular leukomalacia (PVL). They hope that the research work which is ongoing in this facility will bring a solution for the condition their daughter suffers from.

For details: www.crunchbase.com/person/anthony-petrello#/entity

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