After Houston was ravaged by Hurricane Harvey some companies immediately jumped in to help. Three of these companies were H-E-B, Nabors Industries, and The Houston Food Bank. At Nabors Industries, in particular, employees and management of this oil & gas company wanted to help their fellow citizens.
Being a philanthropist the president and CEO of the company, Anthony Petrello, gave everyone paid time off so that they could volunteer where they were needed.
In addition to helping out by delivering supplies and helping people whose homes and been damaged, Nabor Industries employees also wanted to raise money to help the victims. The ended up raising over $170,000. This amount was matched by Anthony Petrello as a gesture of helping others who had lost so much. His company also opened up their kitchen to local families who could get three hot meals a day.
Anthony Petrello was born and raised in the state of New Jersey. He was an attorney for a number of years before he moved to Houston, Texas, and took a high-level executive position at Nabors Industries. His leadership has led to him being greatly financially rewarded for his work making the company very profitable. Nabor Industries is now one of the biggest oil and natural gas drillers in the world with wells in North America, the Middle East, and other locations.
As his child has a neurological disorder due to being very premature, this is a cause that Tony Petrello knows about first hand. He saw that not enough research was being done on these and then discovered that a hospital local to him had one of the best research teams in the world focused on childhood neurological disorders. Once he discovered this about the Texas Children’s Hospital he wrote them a check for $7 million in support of their research. He also now serves on their board.
When Anthony Petrello attended Yale University he says one of his biggest mentors was Professor Serge Lang. Professor Serge Lang recently passed away and Petrello decided to do something to honor his memory. He created an endowment fund he started with a $150,000 donation. After many other former students also made donations to this fund he gave another $150,000. This money is now being used to help educate students at the school. Anthony has said that giving back and being socially responsible are two keys to succeeding in business and in life.
Find more about Anthony Petrello: https://analystoffinance.com/2017/10/tony-petrellos-nabors-industries-will-purchase-tesco-this-year/
The Hungarian born financial expert George Soros arrived in the U.S. in the 1950s with a short term plan to build his fortune and return to Europe after five years working on Wall Street; over six decades later and the now U.S. citizen is still living and working in the U.S. in a way he hopes will have a positive effect on the world as a whole. Forbes reports George Soros found success with his career as a hedge fund manager and formed his own fund in 1969 with just $12 million, which has now morphed into the Soros Fund Management brand that manages assets worth a staggering $30 billion. Soros returned to active investing in 2015 and also made a major return to political and philanthropic life at the same time as the Holocaust survivor stated he had spotted the need for him to return to major political giving for the first time since 2004.
During the 2004 Presidential Election, George Soros donated around $27 million to the campaign of Democrat John Kerry for The White House, largely because of the fear Soros had about the policies of President George W. Bush and his opposition to the Iraq War. At the end of the election cycle it was made clear that George Soros was not going to be making a habit of making multi-million dollar donations to political parties and the 2004 election should be viewed as a defining moment where the financial expert saw the global political situation as unique, according to Politico.
In 2015 it appears George Soros once again saw the rise of a right wing within global society that he felt was so strong it needed to be fought with all the might that could be mustered by those on the left of politics. George Soros made a major commitment to the election campaign of former Secretary of State Hillary Clinton to become the first woman to become the U.S. President; included in the financial commitment made by Soros to the Clinton campaign was a $13 million donation made directly to her campaign and a further $12 million to Super PAC’s backing the campaign.
George Soros understands the fact there are many issues facing the U.S. and the global political arena at the current time and uses his own Open Society Foundations to back the issues he feels are most important. In the U.S. George Soros feels some of the most important work he can complete is to protect the rights of minority groups with financial donations made to groups seeking to ensure all U.S. citizens have the chance to vote no matter if they come from a minority group within the nation.
Visit cnbc.com to know more about George Soros.
If you are ready to start investing for the future, the Do Good Institute is one of the ways in which you can accomplish your goals. There are many people who are excited about the changes that are taking place within the company. Not only that, but Bruce Levenson is starting to work and put his time into their projects. This is a huge change from what he was previously doing. During his time in business, Bruce Levenson has worked to make the world a better place. With the changes that are being made in this area, he is starting to see how he can build wealth over the long term for others.
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