Tony Petrello: Working Class To Millionaire

Tony Petrello grew up in what would be considered a working-class family. He attended public school and was considered an outgoing student. Starting at a young age, Petrello was willing to speak out about topics he cared about, and thought were important. It wasn’t until high school that Tony Petrello greatly excelled as a student. He became well known, famous in a sense, for his abilities in math. In fact, he considered it to be enjoyable to write down equations and proofs and then solve them.

Yale University learned about Petrello and offered him a scholarship and the opportunity to be mentored by Serge Lang. Lang was considered the most inexhaustible mathematicians of his time. However, Tony Petrello wasn’t interested in pursuing his education in math, instead he wanted to study law. After graduating from Yale with a bachelor’s and master’s degree, he attended Harvard Law School.

Upon finishing law school, Tony Pertrello took a job at a law firm, Baker & McKenzie, where he became a specialist in business law. In the 1980’s he became a partner of the firm and ran its New York office. One of Pertrello’s clients while he worked at Baker & McKenzie was Nabors Industries, an oil drilling company that has locations around the world. Nabors leadership team was impressed with Petrello and started offering him a position within their company. It took time and serious convincing to get Petrello to join the Nebors team, but he finally did leave Baker & McKenzie and joined the Nebors team as an executive.

Tony Petrello became the Chief Operating Officer of Nabors in 1991. While he served in this position, his primary responsibility was daily operations. It is not surprising that Petrello made a huge impact while he served as the COO; therefore, when the time came he was the first person considered to take over the company. One year later, Petrello became the president. It was at this point that he started to leave his mark with massive and continued success.

Outside of the oil drilling business. Petrello participates in philanthropic ventures. Primarily, he is interested in pediatric neurological health care. Petrello donated $7 million to Texas Children’s Hospital to help support their efforts in neurological health care; this donation allowed the hospital to build a state of the art care center dedicated to pediatric neurological patients.

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