Anthony Petrello Goes From Working-Class Kid To Highest Paid CEO

Consistent hard work and developing his natural talents are what helped to make Nabors Industries CEO Anthony Petrello a success. His caring soul molded by the ethos in the Newark, New Jersey community is which he was raised has fueled his commitment to philanthropy and is what drives him to give millions to charity each year. This explains how a kid with a love for math went from a working-class neighborhood with poor schools to earning scholarships to Yale and Harvard and became America’s highest paid CEO in 2014 when he was paid over $68 million.

People who knew Anthony Petrello growing say he spent his free time working on complex linear algebra and differential calculus math problems while other kids his age were out playing and having fun. They weren’t surprised when he got a scholarship to Yale to study under Serge Lang, a world-renowned mathematician. As expected, he got his bachelor’s and mater’s degree in mathematics. What surprised everyone was when he went to Harvard Law School, earned a juris doctor and was hired by white shoe law firm Baker & McKenzie in 1986.

Petrello’s legendary work ethic and intelligence led to him quickly becoming managing partner of the law firm’s Manhattan office. That got the attention of Baker & McKenzie’s powerful client, oil and gas juggernaut Nabors Industries. The company was recovering from financial issues when they hired Anthony Petrello as their COO in 1991.

He instantly turned the company around, signed the largest deals in their history and had them prospering again. As a result, they promoted Petrello to president, CEO and board chairman. In 2014, his compensation package exceeded $68 million.

At Nabors Industries Anthony Petrello made savvy investments, created thousands of high-paying jobs and earned the respect and admiration of others in the industry. Petrello also generously shares his wealth, regularly giving millions to charity each year. When his daughter was born with cerebral palsy, Anthony Petrello gave almost $10 million to Texas Children’s Hospital and helped them raise hundreds of millions to build one of the world’s best neurological treatment and research facilities. He also gives of his time, talent and resources to improve medical treatment for suffering children worldwide.

The success of Anthony Petrello, a kid from a working-class background, serves as an excellent example of what is possible when people use hard work to make the most out of their talents.

Learn More: www.linkedin.com/in/anthony-petrello-1335b097