This habit of sticking by his companies has won Pappajohn a devoted following among institutional investors, making it easy for him to raise money for new ventures. The Orioles enjoyed some success early under Angelos ownership, making the postseason as a wild card team in 1996 and winning the American League East Division title in 1997. He moved to Chicago to live with family, before eventually continuing west to the San Joaquin Valley in California. The John and Mary Pappajohn Sculpture Park features artwork by more than two dozen of the world's most celebrated artists. Previously, Mr. Pappajohn served on the boards of ConMed Healthcare Management, Inc. from 2005 until August 2012, PharmAthene, Inc., from 2007 until July 2011, Careguide, Inc., from 1995 until 2010, and SpectraScience, Inc., from 2007 until 2009. His father, James, was an engineer, and his grandparents were from Greece. Peter G. Angelos, is an attorney and is best known for being owner, chairman and CEO of Major League Baseballs Baltimore Orioles. The Greek-born Metropoulos moved to the United States with his parents at age 9. Fine arts have been a major component in the Pappajohn's community contributions and personal projects. The goal [] In 1970 he acquired a printing company in Scranton, Penn. In addition, all major Iowa universities have benefited from his generosity and ongoing support of their entrepreneurial centers. While other venture capitalists take in funds from institutional investors and rich individuals, Pappajohn's venture fund consists solely of his own money. %%EOF Pappajohn was Quantum's largest shareholder, buying 1.6 million shares of the company at 12 1/2 cents a share. Skill, knowledge, persistence, and timing. His compensation increased by 46 percent in 2013 to $8.5 million, including his bonus and stock awards. Despite the financial crisis, the Libra group companies have acquired $7 billion of assets over the past several years. In 2016, Nicholas announced that he would step down as Boston Scientifics chairman, a year ahead of his intended retirement. He has been an active supporter of national Democratic candidates. The Pappajohn Business Building will turn 30 years old in December, and over the years accessibility requirements and the Americans with Disabilities Act which requires buildings to be accessible for those with disabilities have changed. They have provided close to $750,000 in awards in Iowa for students and entrepreneurs participating in the annual Pappajohn Entrepreneurial Venture Competitions. Karabots was born in New Jersey and raised in the South Bronx, and attended the Greek American Institute. He established an insurance agency after graduation from college and subsequently organized and became Chairman of the Board of Guardsman Insurance Investors, a public insurance holding company that owned Guardsman Life. Request to reserve a room in the Pappajohn Business Building. His father died when he was 16 years of age, and Pappajohn worked to pay his way through college. John Pappajohn, 93, continues to be a venture capitalist and a leader in his field. Today, the Tewskbury-based DeMoulas Market Basket, Inc. owns 75 stores in Massachusetts, New Hampshire, and Maine, employs 27,000 people and earns more than $4 billion in annual sales. Mary Louise Pappajohn, age 88, passed away March 17, 2022, in Naples, FL with her family by her side.. Thermo Electron grew into an international company recognized as a global leader in environmental monitoring and analysis instruments, and a major producer of paper-recycling equipment, biomedical products, alternative-energy systems and other products and services related to environmental quality, health and safety. Capellas says he inherited his gritty determination from his father, a Greek citizen who fought with the Greek Army against the Germans in Italy during World War II. Mary relocated to Iowa upon her marriage to John George Pappajohn on September 10, 1961, and became an active member of the Des Moines community. His biggest coup involved Quantum Health Resources, a home health care company that he helped found in 1988. 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 John and Mary Pappajohn Clinical Cancer Center, the Pappajohn Education Center in Des Moines and the Pappajohn Biomedical Discovery Building at the Pappajohn Sculpture Park 1330 Grand Avenue Des Moines, IA 50312 Get Directions. His speculations catapulted him into billionaire status last year, where he has remained. With all his getting, he's clearly gotten understanding. Each company has its own specialty, with Yia Yia Marys, for instance, specializing in Greek food, fish and mezedes (Greek, with a hint of Texas). These cookies will be stored in your browser only with your consent. 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.. He developed his passion for the stock market as a teenager and began his investment career when his parents entrusted him with the familys $5,000 nest egg. In 2011, Gores and Platinum became owners of the National Basketball Associations Detroit Pistons. He earned a doctorate in organic chemistry at MIT before his post-doctoral studies at Harvard Medical School. Michael D. Capellasis a 30-plus year veteran of the information technology industry, founded Atlanta-based Capellas Strategic Partners, a strategic technology advisory firm, in 2012. The existence of a plan empowered Peter and Margaret to manage through the construction unknowns and move across the street. Pappajohn Sculpture Park. All rights reserved. He served as Chairman and CEO of pharmaceutical giant Merck & Co. from 1985 to 1994. Despite those difficulties, the business has flourished. The car he drives is a 15-year-old Mercedes 380SL. The Framingham, MA company specializes in providing comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability, renewable energy, and energy information management solutions. He joined Verisign in July 1995 as one of its first employees. 72 = Dubuque Street Ramp. Mr. Pappajohn has organized and financed the John Pappajohn Entrepreneurial Centers at five different universities and colleges in the state of Iowa for more than $30 million. "That was it. A lifelong Democrat, he won election to the Baltimore City Council and served on the Council from 1959 to 1963. You also have the option to opt-out of these cookies. Most recently he bought 200,000 units of CGIX stock worth $250,000 on 23 May 2019. . George M. Logothetis is the founding chairman and CEO of Libra Group. The iconic face of millennial sitcoms and one of the best-known personalities in Hollywood, Jennifer Aniston, lived in Crete and Athens during part of her childhood as Jennifer Anastassakis. Or call us at 515-296-6532. Pappajohn, who prides himself on his instincts about companies, was justified in his faith. 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. The ISU John Pappajohn Center for Entrepreneurship, part of the Ivy College of Business and the Office of Economic Development and Industry Relations, offers numerous programs and services that broadly reach and connect students, community entrepreneurs, business professionals, and alumni. "John Pappajohn is my role model," says Antone Lazos, who founded a company with him in the 1980s. First place will be awarded $40,000, second place $25,000, and third place $15,000. With roots in Kastellorizo, Greece, Liveris was born in Darwin, Australia. 108 John Pappajohn Business Building Iowa City, IA 52242-1994. Explore Exhibition. One reason Pappajohn isn't better known is that he maintains a modest scale of living. Encouraged by his father, a first-generation Greek immigrant who complained how little the university life paid, Yancopoulos in 1988 jumped ship to a small Tarrytown, NY Biotech firm called Regeneron and helped its worth rocket 2,240 percent in the past five years. John Pappajohn (BSC52) wanted to change that. John and Mary Pappajohn established a scholarship fund for ethnic, disadvantaged, and minority students and have granted more than $5 million in scholarships. 19.Kostas & Tom Kartsotis $1.02 BILLION. He joined the worldwide health products firm in 1975 as senior vice president of research, and became president of its research division in 1976. He recently set up a scholarship fund for disadvantaged kids, and he's given millions to the University of Iowa, which has named its business school building after him. He then made a fortune in Caremark (of "CVS/Caremark" fame), approximately $25 million in Quantum Health Resources, and by 1997 had a net worth exceeding $200 million. He was then 41. The NJ-based Mistras newest and largest nondestructive evaluation laboratory in Houston, TX. Hampton Inn West Des Moines Lake Drive (3-star hotel) Address: 7060 Lake Dr, West Des Moines, IA 50266Phone: (515) 223-4700Ratings: 4.5 (846 reviews) Excellent Eco-certifiedWebsite : Hampton Inn West Equity Dynamics is a financial consulting entity; Pappajohn Capital Resources is a venture capital firm. Pappas Restaurants grew from the work of their father, Jim, and his brothers at Pappas Refrigeration, which they opened in 1945. 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. Adrian said the entire building is being re-evaluated. The John & Mary Pappajohn Scholarship Fund was created through a generous gift from John and Mary Pappajohn. Alec Gores, 63, like his brother Tom (also featured in this edition) was born to a Greek father and Lebanese mother, in Nazareth, Israel. His current ambition, says Pappajohn, "is to be the greatest philanthropist in the history of Iowa.". The top three finalists will be announced at a special recognition awards luncheon with John Pappajohn and Iowa Governor Kim Reynolds on September 13, 2018 at Drake University in Des Moines. Not valid on Specials. Meet Our People Isabella Grumbach, MD, PhD Internal Medicine Ted Abel, PhD Neuroscience and Pharmacology Renata Pereira Alambert, PhD A 1957 graduate of Northeastern University in Boston, Behrakis also studied at Boston University, and is a recognized leader in the pharmaceutical industry. Born in Potomac, MD to an American-born father of Greek descent and a mother born in Sparta, Sampras from age three showed an unusually gifted athletic ability. Andrew Liveris, is president, chairman and CEO of international chemical, materials, agroscience and plastics global giant, the Dow Chemical Company, based in Midland, MI. With a celebrity star continuing to rise with no peak yet in sight, Elizabeth Stamatina Fey, known to the world as Tina, added to her net worth in 2016 to finish in our top 50. Tickets can be purchased by visiting www.pappajohncenter.com/gala. You can see the complete history of Mr. Pappajohn stock trades at the bottom of the page. hbbd``b`63S ` =@2k&L9H0J5P24Hdu;e@0uHd5#e6FO0 %u After a long and distinguished career at the Dow Chemical Company, where among other capacities he served as Chairman and CEO, William S. Stavropoulos, 77, moved into a different direction: he is president and founder of minor league baseball team the Great Lakes Loons. Clean. The current estimated net worth of Cancer Genetics, Inc's Director, John Pappajohn, is estimated to be about $10.84M . Mike continued to expand the chain and began opening stores under different names, including Market Basket. john williams maritime net worth; andrea riseborough partner tom burke. Today, his privately held Arnel & Affiliates owns and manages 5,500 apartments and 2 million square feet of commercial space. As of 23 May 2019 he still owns at least 1,117,925 units of Cancer Genetics stock. Mr. Pappajohn owns over 200,000 units of Cancer Genetics stock worth over $5,041,842 and over the last 9 years he sold CGIX stock worth over $0. The John Pappajohn Iowa Entrepreneurial Venture Competition contest is intended to encourage and promote entrepreneurial activity and create greater awareness of the resources available to entrepreneurs in Iowa. In 1969, Mr. Pappajohn organized Equity Dynamics, Inc., a financial consulting entity and Pappajohn Capital Resources, a venture capital firm in Des Moines, Iowa. 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. In 2005, he was inducted into the Midland County Sports Hall of Fame as a Professional Baseball Visionary for work, which includes founding the Michigan Baseball Foundation. He built AOL into the first $1 billion interactive services company and the worlds biggest media company, helping to increase its membership from fewer than 800,000 to more than 8 million in a four-year span (1994-97). That was my net worth. Tippie College of Business Current Students Search Submit Search. Prior to joining Tyco, Stavropoulos spent 39 years at Dow. Intensely private, Payiavlas runs the company as chairman of the board, while his son Anthony is president and CEO and his daughter Patrice (Patsy) Kouvas serves as vice chairman. He continued to hold both positions until 1984, when he was elected executive vice president. 1985 to 1994 bonus and stock awards catapulted him into billionaire status last year, where he has an!, James, was an engineer, and Pappajohn worked to pay his way through college n't better known that! $ 7 billion of assets over the past several years on the Council from 1959 to 1963 $ in... 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