The Life and Career of Tony Petrello

For the better part of his life, Tony Petrello has been involved with Nabor Industries. At the moment, he occupies the board of directors of the institution. Other than this responsibility, he is also involved with the executive committee of Nabor Industries Board. This means that he has been involved with the company since the year 1991. At the moment, his official position with the company is the chief operating officer and the president. This is a position that he acquired in October 2011. Prior to this, he used to function as the deputy chairman of the board having acquired this position in the year 2003. At the moment, his main responsibility offer strategic planning for the company. He is also responsible for helping the company adapt in these hard economic times particularly concerning competition.

Nabor Industries is not the first company that Tony Petrello worked with. In the past, he used to work with an institution called Baker & McKenzie. He was involved with this firm from the year 1979 to 1991. At this firm, he learned important skills that would prove crucial to Tony Petrello success. These skills include international arbitration, general corporate law as well as taxation. His destiny might have been shaped by the decisions he made as a young man. Tony Petrello holds a degree in Law from Harvard University. At the same time, he holds a master’s degree in mathematics from the prestigious Yale University. Other than Nabor Industries, Tony Petrello serves boards.

For instance, he is currently involved with Stewart & Stevenson LLL as a board member. He is also involved with Hilcorp Energy Company as a board member. With the Texas Children’s Hospital, Tony Petrello serves under the capacity of Board of Trustees. He helps the institution fight neurological disorders, particularly in children. He recently donated over $5 million to the institution to help fund their research. He also pledged an extra $2 million to the institution. In the year 2016 alone, he made an estimated salary of $15 million making him one of the most highly paid executives in the corporate world.

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Jason Halpern Transforms Environments with His Creativity in Property Development

Jason Halpern: Born to Develop Property

Jason Halpern, the founder and principal of JMH Development, transforms the environments wherever he works. This unique aspect makes him an outrageously successful real estate developer, especially on renovating properties with historical values. His JMH Development is a leader in developing or owning major commercial and residential properties in the U.S., especially in New York City. Under the guidance of Halpern, the firm follows a unique method of developing high-value and distinctive properties in the modern and luxurious category. It has well-positioned properties in most sought-after markets such as Brooklyn, Manhattan, and Miami Beach. The firm offers comprehensive development solutions that cover all the stages of the process, such as due diligence and strategy, building design, construction, branding and marketing, and more.

Jason Halpern with Model Milana and Richard


Halpern is passionate about the philosophy of the development firm – historic preservation through restoration and adaptive reuse. It is credited for preserving a number of buildings significantly. Some of them are 184 Kent, The Townhouses of Cobble Hill, South Beach Starwood Hotel, 70 Henry, Three Hundred Collins, LIC Hilton Hotels, and more. 184 Kent was a century old warehouse located in Brooklyn, New York. Halpern converted it to a waterfront luxury rental apartment with 340 units. Interestingly, the building is listed on the National Register of Historic Places considering its historic integrity. It won the Building Brooklyn Award – 2011 under the adaptive reuse category. It offers all the modern amenities including state-of-the-art gym, a 17,000 square feet of retail space with an Italian restaurant, Kidville, and Soul Cycle, and more.

Jason Halpern: Real Estate Entrepreneur

South Beach Star Wood Hotel is another great contribution from the firm. Originally, a Miami motel Ankara, and it renovated, added another eight-storey tower, and converted it to a beachside hotel with unique designs, larger rooms, and modern amenities. It received the ALIS 2015 Award for Limited Service Development in the year. The Townhouses of Cobble Hill is a raw of nine luxury townhouses in one of the most-demanding Brooklyn neighborhoods. Out of the nine, four are historic townhouses while the remaining five are newly built, and all of them offer high-end housing. Three Hundred Collins is a boutique condominium project developed in Miami Beach, Florida.

Jason Halpern with His Wife

Jason follows a motto of “respecting the environment and community in which he develops.” He is also enthusiastic to charitable contributions and works that are supporting the weaker sections and needs of the community. He is the principal investor of Joel A. Halpern Trauma Center established at Westchester Medical Center. It has the equipment and facilities to perform open-heart surgeries, orthopedic surgeries, complex and emergency neurosurgeries, reattachment of severed limbs, treating burn victims, and more. He made JMH Development being part of his philanthropic missions, and the firm entered a partnership with a non-profit group called “water” in 2015. Per the agreement, the company would contribute $20,000 for each of its successful contracts to the group to offer clean and safe water to Nepalese and Ethiopian locals.

Eric Lefkofsky – Highly Successful American Entrepreneur

Eric is among one of the top American entrepreneurs known globally for his various ventures, including Groupon and Tempus. Eric Lefkofsky is well-known for his startup firm Groupon, which went on to become a global company connecting merchants offering attractive deals to the consumers directly. Groupon is worth over $2 Billion today, and its growth story continues at a staggering pace, making a positive impact on the consumers-company relationship today.Eric Lefkofsky is also associated with the health and medical research field using Tempus Inc, a firm he recently started. Tempus is based on the idea that the area of cancer research can grow tremendously if there are ways that would allow the physicians and the research scholars to get a hand on molecular, clinical, patient response, and treatment related data, quickly.

The availability of such data can play a crucial role in defining all kind of therapy that should be offered to the patient for faster recovery. The body and the strength of the immune system, as well as the genetic make of each patient, is different, and thus offering a personalized treatment would get much better results than the one size fits all approach treatment. As per the current system that is practiced in most of the hospitals and medical centers, getting data of how many times a particular medicine was prescribed and what were the results seen in a patient after the prescription, would take several months. However, Tempus aims to make the entire process much faster with the help of advanced technology.

Eric Lefkofsky is a Chicago-based entrepreneur and a firm believer in the power of technology. Recently, he wrote a book named Accelerated Disruption, where he said that the companies need to understand the importance of technology and integrate and update it regularly to stay ahead in the competition. Not able to use the technology to your advantage is a significant disadvantage, and even a start-up in the future can take over a company that has been around for long. As the world of technology keeps on developing and innovating, it is important to use it actively to innovate the industry to make it more efficient, effective, and cost-efficient.

Source of the article: Here.

James Dondero Exposes His Strategies of Using Alternative Assets

Sometimes, the path of an investor is not clear and simple as it might sound for people outside of the business. Investing can be hard, risky and demanding of courage, but it can also be extremely gratifying.



Without a doubt, being an investor for a full-time profession can have its ups and downs, but it teaches the world of business and the concepts of financial management like nothing else.



According to the entrepreneur and businessman James Dondero, there are many bold investments that can be done which are extremely beneficial and growth-oriented if executed with intelligence. He is the co-founder of Highland Capital, and one of the most respected professionals in the area.



According to some specialists in the area, alternative assets give an edge to the investors who have the courage of making bets on them.



It is a true challenge though. According to the investor Jim Dondero, part of the investment career is a “puzzle-solver.” Many times, businesspeople have to throw dices and hope for the best, but the best ones will ensure that the chances of failure are minuscule.



The Highland Global Allocation Fund, which was curated by no one else than the investor of the month, Dondero, had a $894 million value to it. By investing in alternative assets, the investment team of Highland Capital Management was able to increase that amount to up to 29.6% over the past year, being one of the biggest investment achievements in 2017.



Apart from being the co-founder of Highland Capital Management, he is also the president of the investment management and advisory company. Before that position, he was the Secretary of Highland Acquisition Corporation since April 25, 2016. Before co-founding the company and becoming an entrepreneur of success, he was the President and Chairman of Board of Directors at NexPoint Hospitality Trust Inc.



While he was already in an excellent position in his last job with NexPoint Hospitality Trust, he knew that he wanted to be a business owner and an entrepreneur, causing changes in the world around him.



His company has already helped tons of corporations manage their investments through alternative assets or through classic bus steady income investments with the help of their assistants and advisors.