Sustainable is the motto of the company that increases energy efficiency for federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. Forbes reported in November that Dimon told Donald Trumps presidential transition team that he did not want to be considered for Secretary of the Treasury, though it is unclear if that was because if he accepted the position he would have to divest his JPMorgan Chase holdings. George D. Behrakis, Founder and Chairman of Mythos, LLC, a private investment company based in Lexington, MA, also serves on the board of the Lexington-based venture capital firm Gainesborough Investments, and is a renowned philanthropist. His speculations catapulted him into billionaire status last year, where he has remained. "You feel comfortable being in his companies," says Helen Degener, a money manager at Fiduciary Trust. Founded in 2006 by Des Moines entrepreneur, venture capitalist, and philanthropist John Pappajohn, the Pappajohn Iowa Entrepreneurial Venture Awards provide financial support to Iowa entrepreneurs and mark the culmination of an annual venture competition among the five John Pappajohn Entrepreneurial Centers around the state, including at the UI . His father worked as a barber, and his mother managed a restaurant. In 2007, they donated $30 million in sculptures to the Des Moines Art Center to create a new public art space. Often, the Pappajohn Center serves as the first step in transforming a . The largest trade he's ever made was buying 1,000,000 units of Cancer Genetics stock on 31 January 2019 worth over $230,000. Brothers Christopher J. and Harris Pappas 69 and 72 years of age, respectively, and still very much involved in their thriving family business opened the first Pappas Restaurant in 1976. His grandfather, a Greek immigrant from Smyrna, was a broker and passed his knowledge of the business onto his son and partner Theodore, Dimons father. He has been managing general partner of leading venture capital investor New Enterprise Associates, Inc. (NEA) since 1999, having joined the company in 1992. After seven years, he cashed out. The company currently owns and manages ten hotels, including Chartwells Holiday Inn at Williamsport, PA earned a Newcomer of the Year award from Holiday Inn in 2007. To date, over 150,000 college students have taken part in the latter, which have sparked over 1,000 new businesses. John Georges is an entrepreneur in multiple industries, an avowed philanthropist, and a strong supporter of Hellenic causes. John and Mary Pappajohn established a scholarship fund for ethnic, disadvantaged, and minority students and have granted more than $5 million in scholarships. He is the first Iowan to receive the National Philanthropist of the Year for the Arts. %PDF-1.6 % Green. In 1969, he sold his interest and became a venture capitalist. These cookies will be stored in your browser only with your consent. This field is for validation purposes and should be left unchanged. The sixteenth annual statewide competition will be awarding $100,000 in cash prizes. Mr. Pappajohn and his wife, Mary, have gifted more than $100 million to various philanthropic causes including the John Pappajohn Business Building at the University of Iowa Business School, the Pappajohn Pavilion at the University of Iowa Hospital and Clinics, the John and Mary Pappajohn Clinical Cancer Center and the Pappajohn Biomedical Paul Mitchell products are available in more than 100,000 salons in the United States and are distributed throughout the world. Whatever stage you're in, at the ISU Pappajohn Center for Entrepreneurship, we're here to help. He joined Verisign in July 1995 as one of its first employees. The Demoulas family, one of Americas richest families, is difficult to gauge, both in terms of net worth and current status of control of their lucrative Market Basket Supermarket chain. He has been named one of Time magazines Digital 50, and is in CRNs Computer Industry Hall of Fame. In September 2013, the Federal Aviation Administration named Bidzos, who is a certified pilot, to the FAA Airmen Certification Database. The company has since grown, now featuring clothing and equipment for lacrosse and soccer. Few convenience food stores with dawn-to-midnight service every day of the week existed in the northern part of the country in the 1950s. Events March 2, 2023 Headquartered in Los Angeles, CA, the company has offices in New York, Boston, London, and Singapore. A major diversified, multinational company, Tyco is a leading provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products. It is mandatory to procure user consent prior to running these cookies on your website. Nicholas Galakatoshas been Managing Director of Clarus Ventures since companys beginnings in 2005. In addition, he makes $0 as Non-Executive Chairman of the Board at Cancer Genetics. Mr. Tsakopoulos founded AKT Development Corporation in Sacramento, CA, which became a leading real estate developer in the area under his leadership and has built tens of thousands of homes and more than 30 million square feet of office space. Marcus came to San Francisco from Greece at age four. RedChip's Blog. His father died when he was 16 years oldand it changed his world. He earned a bachelors degree from Carroll University in Wisconsin, served in the U.S. Army Medical Corps during the Korean War, and later attended night school at DePaul University to earn a law degree while working as a sales representative for Miles Laboratories. He came to the United States to study engineering at Fairleigh Dickinson University in New Jersey, where he graduated first in his science and engineering class and went on, as a recipient of The Bell Laboratories Graduate Study Scholarship Program, to earn MS and PhD degrees in electrical engineering from Columbia University. All rights reserved. That company, today known as Kappa Graphics, LP. Johns portfolio of companies has averaged a 40% annual return on investments over the last 40 years. Pappas Restaurants also has a food catering business. NetGenics just celebrated its first birthday and already has contracts with major pharmaceutical companies. Why Did Billionaire Investor John Pappajohn Invest $12 Million In Cancer Genetics? Leaving other venture capitalists in the dust, he signed on with NetGenics within days. Verisign operates infrastructure services that enable and protect billions of interactions every day across the worlds voice, video and data networks. Best known throughout the sports world as owner of the NFLs San Diego Chargers, Alex G. Spanos, continues to add to his net worth, finishing at $2.4 million in 2016, according to Forbes. A 1957 graduate of Northeastern University in Boston, Behrakis also studied at Boston University, and is a recognized leader in the pharmaceutical industry. Kalogris has consistently distinguished himself as a leader in the highly competitive wireless industry, and is a former board member as well as former chairman of the Cellular Telecommunications & Internet Association (CTIA). He served five years in active duty in the US Air Force, flying the B-52 bomber and in Vietnam as a forward air controller. He was chairman, president, & chief executive officer of Verisign for 12 years before he resigned in May 2007, leading that company through many acquisitions. As Forbes reported when Gores first purchased the team, the billionaire is a sports nut, who found time amid his busy schedule to coach his daughters youth soccer and basketball teams. George M. Logothetis is the founding chairman and CEO of Libra Group. Before assuming broader responsibilities of business leadership, Vagelos had won scientific recognition as an authority on lipids and enzymes, and as a research leader. After eight years selling life insurance, Pappajohn founded Guardsman Life, which he eventually took public. Even if you're not quite sure what "it" is just yet. The more I make, the more I get to give back. Follow. Liveris met with former Greek Prime Minister Antonis Samaras June, 2014, announcing an agreement between Dow and IBM wherein Dow plans to use IBMs service center in Athens as a base from which to offer data and business analytics support to its multinational clients. Argyros sold the Mariners in 1989, after trying to move them elsewhere, and had also pursued purchase of the San Diego Padres. The estimated Net Worth of John Pappajohn is at least 5.04 $ dollars as of 23 May 2019. Dean Metropoulos, is Chairman and CEO of Metropoulos & Company, a boutique buyout and management firm. Peterson co-founded Blackstone with Stephen Schwarzman in 1985. John's mailing address filed with the SEC is 201 ROUTE 17 NORTH, 2ND FLOOR, C/O CANCER GENETICS, INC., RUTHERFORD, NJ, 07070. Extremely moved by the experience, he told TNH in February, 2016 that you can receive a lot of honors, but when you receive an honor from your own, your family, being first-generation Greek, to receive an honor from Greece is one of the high points of my life.. Taking up four of Western Gateway Park's twenty-seven acres, the public sculpture installation was the work of venture capitalists John and Mary Pappajohn who donated over $40 million worth. The $100,000 in seed funding consists of a $50,000 contribution from John Pappajohn and a $50,000 match from the Iowa Economic Development Authority (IEDA). President of Equity Dynamics and Pappajohn Capital Resources, he is also sole proprietor. Michael Psarosis a cofounder and managing partner of private equity fund KPS Capital Partners, LP, and a member of its investment committee. But Argyros, made his fortune in grocery stores and real estate. While attending school, Mr. Tsakopoulos supported himself as a real estate salesman, foreshadowing his highly successful career in real estate development. These are some of the names: The John and Mary Pappajohn Charitable Foundation and Evia LTD. A Pappajohn, Ann M Pappajohn, and three other persons spent some time in this place. He founded AVI in 1960, and the company currently serves millions of consumers daily in some of the most prestigious institutions in America, including industrial centers, corporate headquarters complexes, universities, school systems and healthcare facilities throughout country. The Pappajohns have contributed to the Des Moines Art Center and the National Gallery of Art. All rights reserved. In 1995, he was named a Horatio Alger Award recipient, and he currently serves as a member of the Horatio Alger Association Board of Directors. "He literally saved the company," says Carpenter. In December, 2016, then-President-elect Trump announced that Liveris would head the American Manufacturing Council in his Administration, part of his economic message to buy American and hire American. The Council is the principal private sector advisory committee to the Secretary of Commerce on the manufacturing in the United States. Papa Rewards. The company produces a digital wallet designed to tackle theft of bitcoin, a form of digital currency invented in 2009. The UI's John Pappajohn Entrepreneurial Center was established in 1996 and has fostered thousands of new entrepreneurs. As a successful entrepreneur and generous philanthropist, John Pappajohn has been recognized by many national organizations. Its brands include Fossil, Relic, Abacus, Michele Watch and Zodiac. Argyros served as US Ambassador to Spain and owner of the professional baseball team Seattle Mariners. He then used his profits to invest in real estate, and by 1960, he had an incorporated business. Nicholas G. Karabots is the owner of Kappa Publishing Group, Inc. the nations largest publisher of puzzle magazines and books, as well as companies related to real estate and winemaking. Facebook . February 11 - May 7, 2023. Mr. Pappajohn owns over 200,000 units of Cancer Genetics stock worth over $5,041,842 and over the last 10 years he sold CGIX stock worth over $0. Kosta Kartsotis, 63, and Tom Kartsotis, 56, are founders of the Fossil Group, Inc., whose brand is widely associated with watches, jewelry, and other accessories, as well as clothing. Having served as U.S. Secretary of Commerce under President Nixon, Peterson made his fortune as the co-Founder and former chairman of the Blackstone Group, one of the worlds largest investment firms with 25 offices around the world. "I don't have to account to anybody. Here there is a launching pad for all types of creative minds. The following year, he was named Fortunes 2012 Businessperson of the year for reviving Verisigns income, growth, and stock performance, which previously had flagged. Most recently he bought 200,000 units of CGIX stock worth $250,000 on 23 May 2019. . Established in 2008, the Peter G. Peterson Foundation is a nonpartisan organization dedicated to increasing public awareness of the nature and urgency of key fiscal challenges threatening Americas long-term future, and to accelerating action on them. In 2003 Northeastern University and Medical Center in Boston opened the Behrakis Health Science Building and also created the Center for Drug Discovery. In September 2013, Obama nominated him for ambassador to Norway. It has built more than 120,000 units in 19 states. His father died when he was 16 years of age, and Pappajohn worked to pay his way through college. Starting in 1982, he served as senior vice president of strategic planning. Today he is Chairman of the Board and CEO of The Spartan Organization, a company he founded that provides management and legal services to the various Karabots affiliates. Peter G. Peterson has gone down in rankings on this list over the years, much to his credit because he has given away a good amount of his money to philanthropic causes though he climbed back up a bit, to $2 billion, in 2016. For many years, he has been associated with the John F. Kennedy Center for the Performing Arts in Washington, D.C.; the National Gallery of Art, also in D.C.; and the Whitney Museum, in New York City. He became best known, perhaps, for his talent in solubilizing previously insoluble chemicals and making them stable for medical use. For his trouble Pappajohn got 1 million shares for just $125,000. Forbes, September 8, 1997 Mike continued to expand the chain and began opening stores under different names, including Market Basket. 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