Anthony Petrello is the Chairman of an oil drilling technology company that contracts drilling services and is always developing new drilling and oil well patents. The company is Nabors Industries which has both the largest land-based fleet equipment and offshore operations and have designed an intricate software and automation system.
Petrello leads the overall planning and financing for Nabors and also works to maintain solid relationships with company stockholders. Petrello has earned quite a compensation for his work with a base salary worth $1.58 million and bonuses worth $7.72 million. His total net worth is about $27.5 million.
Anthony Petrello looked at a career as a mathematician prior to going into law and then oil drilling technology. He loved solving math problems as a young man and majored in advanced mathematics while studying at Yale University. Petrello earned both a bachelor’s and master’s in the field but had a change of heart not long after. He went to Harvard law school where he got his J.D. and started a career at Baker & McKenzie law firm in New York, later becoming a partner at the firm. His knowledge of corporate taxes and international laws made him attractive to Nabors Industries which subsequently hired him as Chief Operating Officer after he left Baker & McKenzie in 1991.
Anthony Petrello also has a young daughter named Carena who he and his wife Cynthia Petrello love very dearly. She was born with cerebral palsy and the Petrellos explored treatment options but were told none existed. Determined to help young children born with the disorder, the Petrellos joined the Texas Children’s Hospital’s Dan and Jan Duncan Neurological Research Institute and gave $7 million to invest in medical technology and advanced studies in the field. Anthony Petrello is hopeful about the experts who’ve joined the institute one day being able to find cures for CP and other disorders.