In 2016, he stepped down as CEO. The key is "to be there first or very early," says Pappajohn. In December 2015, Behrakis was given an honorary doctorate from the Medical Faculty of the National and Kapodistrian University of Athens for his contributions to science, pharmaceuticals, and medicine, and for his extensive humanitarian endeavors. Papa Rewards. In 1964, he launched, with a partner, Phota Inc., a company that manufactured photographic chemicals specific to the development of X-Ray film and assisted in the development and importation to the United States of Fuji film. One of the most lucrative involved Caremark, America's first home health care company. Until his retirement in April 2012, Hatsopoulos was the chairman of American DG Energy Inc., the leading on-site utility he formed with his brother in 2001 offering electricity, heat, hot water and cooling to commercial, institutional and industrial customers. Besides her lucrative acting career, Aniston is in demand as a spokeswoman for brands such as Aveeno and Vitamin Water. He remained Chairman Emeritus of the Kos board until his passing. He doesn't use a computer. One of his first deals involved Kay Laboratories, a San Diego-based company that held patents for ice packs and hot packs used in hospitals. Born in Greece, Mr. Tsakopoulos came to America at 15, sailing into New York City under the inspiring gaze of the Statue of Liberty. In July, he joined C. Dean Metropulos, also featured in this edition, to take the food snack giant Hostess public. This category only includes cookies that ensures basic functionalities and security features of the website. Davis, son of Greek immigrants bought the retail sports footwear company in 1972 and took the company to new heights four years later with the development of the New Balance 320 running shoe. The sixteenth annual statewide competition will be awarding $100,000 in cash prizes. In 2016, Angelo Tsakopoulos achieved two milestones. He spoke little English when he first enrolled at the University of Maine-Orono, but worked his way through college and earned a BSEE degree, driven by a love of mathematics and the sciences. He received his first drum when he was four years old, and grew up listening to classic hard rock bands such as Led Zeppelin, the Sweet, Van Halen, and Cheap Trick. If the offering goes smoothly, Pappajohn's initial $125,000 stake will be worth $15 million, a 120-fold return in 18 months. Since 2006, the Pappajohn Iowa Entrepreneurial Venture Competition has invested $1 million in Iowa startup companies ($800,000 from John Pappajohn and $200,000 from the Iowa Economic Development Authority). With 400 retail locations and more than 14,000 employees, the company sells its products in 120 countries around the world. The feud was settled in December 2014, when Arthur T., who ran the business after his fathers death in 2003, finalized a buyout of Arthur S., and the rest of Georges heirs for $1.6 billion, according to Forbes. 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. Take the family further downtown to enjoy the hands-on fun at the Science Center of Iowa. The company is developing software that would help pharmaceutical companies manage their drug research data. He served with great distinction in the Army from 1951-54, including a stint on a combat signal team in the Far East. 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.. You can see the complete history of Mr. Pappajohn stock trades at the bottom of the page. At age 16, after his father's death, he began managing his family's grocery store in Mason City, Iowa. He continued to hold both positions until 1984, when he was elected executive vice president. His current ambition, says Pappajohn, "is to be the greatest philanthropist in the history of Iowa.". In 1991 Quantum went public at $12 a share and was later acquired by the Olsten Corp. Pappajohn made over $25 million in six years on a $200,000 investment. Success unshared is failure, he told CNBC. The Greek-born Metropoulos moved to the United States with his parents at age 9. Peter J. Barris is a venture capitalist known for helping to launch companies including Groupon, CareerBuilder and Diapers.com. Based in Richardson, Texas, Fossil is valued at $4.35 billion and is on Forbes Global 2000, a list of the worlds biggest public companies. In addition to leading the company, he held various positions in research, marketing, and general management. He keeps a list of his companies on a tatty piece of paper in his coat pocket. Trump described Liveris as one of the most respected businessmen in the world, who will be tasked with finding ways to bring industry back to America. That's what I started my venture fund with," he said. He and his brother John founded Thermo Electron in 1956 (with a $50,000 loan from a Greek shipowner). Nobody can do it like Andrew.. His four sons followed his lead with endeavors including opening Pappas Bar-B-Q. 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. In June 2011, President Obama named him co-Chair of an Advanced Manufacturing Partnership, which aims to pool the efforts of industry, schools and the government for innovation in fields like information technology, biotechnology, and nanotechnology. The current estimated net worth of Cancer Genetics, Inc's Director, John Pappajohn, is estimated to be about $10.84M . He joined the worldwide health products firm in 1975 as senior vice president of research, and became president of its research division in 1976. In 2016, this billionaire who finishes near the top of the list with a net worth estimated at $3.1 billion, has pledged to give more than half of it away. Most recently he bought 200,000 units of CGIX stock worth $250,000 on 23 May 2019. He served as Chairman and CEO of pharmaceutical giant Merck & Co. from 1985 to 1994. He ran for mayor as an independent in 1964, but lost. A year later, Levitas, unable to endure the stress of short selling, left the company. In July 2014, Dimon said he had been diagnosed with throat cancer. mark womack sec; korg n364 vst; . In 2002, Spanos published his autobiography, Sharing the Wealth: My Story. The $100,000 in seed funding consists of a $50,000 contribution from John and Mary Pappajohn and a $50,000 match from the Iowa Economic Development Authority (IEDA). John is a resident of 24 Foster Drv, Des Moines, IA 50312-2563. cookies cookies. After the war, the elder Capellas met and married his wife, Juliet, in Italy.
Verisign operates infrastructure services that enable and protect billions of interactions every day across the worlds voice, video and data networks. Says he, "I like to be the key director that they turn to when they need help.". The Pappajohn Center supports a culture of entrepreneurship and innovation, while providing the tools to build and improve your business. Nicholas Galakatoshas been Managing Director of Clarus Ventures since companys beginnings in 2005. He is also an entrepreneur, a philanthropist, and a self-proclaimed workaholic - still working 7 days a week (as reported by Iowa Innovation in June of 2019). 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. The Pappajohn Sculpture Park is now open to the public on 4.4 acres in downtown Des Moines Western Gateway Park. Mr. Pappajohn lives in Des Moines, Iowa with his wife, Mary. 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). After graduating from high school in Greece, Sakellaris arrived in Bangor, ME, as a college exchange student in 1965 to go to college. Catsimatidis is chairman and CEO of the Red Apple Group, which is among the countrys largest privately held companies with 8,000 employees and estimated annual revenues of $4.3 billion. In 1962, he moved to Des Moines and organized the Guardsman Life Insurance Company (a public company), where he was chairman of the board from 1962 to 1969. and have reached the pinnacle in their fields and profited immensely, often bringing profit to those around them as well. In 2010, he published The Business of Happiness: 6 Secrets to Extraordinary Success in Life and Work. The sixteenth annual John Pappajohn Iowa Entrepreneurial Venture Competition awarded $100,000 in cash prizes to nine Iowa ventures Friday, August 12. The son of Greek immigrants, he grew up above his familys grocery store on Chicagos west side and attended Chicago public schools. Cumberland Farms expanded across state lines and eventually grew to become the largest dairy farm operation in Massachusetts. Vagelos, whose parents were born in Asia Minor and emigrated to the US in the 1920s, earned his bachelors degree with honors in 1950 from the University of Pennsylvania. Its brands include Fossil, Relic, Abacus, Michele Watch and Zodiac. John Pappajohn is known worldwide as an entrepreneur and venture capitalist. 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). Leaving other venture capitalists in the dust, he signed on with NetGenics within days. Dimon was born in New York City. That company, today known as Kappa Graphics, LP. He was then 41. George L. Argyros is well known in a wide variety of prominent circles, as his long and illustrious life has included achievements ranging from real estate, to sports, to international diplomacy. The Pappajohn Scholarship Foundation has distributed over $4 million in grants to support ethnic, disadvantaged, and/or minority students over the past 10 years. 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. Tippie College of Business Current Students Search Submit Search. Galakatos was born in Athens and raised in Thessaloniki. $0.00. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This website uses cookies to improve your experience while you navigate through the website. James Bidzos is Founder, Chairman of the Board, President, and CEO, of Verisign, Inc., which provides domain name registry services and Internet security worldwide, Bidzos company offers a range of security services, including managed DNS, Distributed Denial of Service (DDoS) mitigation and cyber-threat reporting. In 1969, the 41-year-old Pappajohn sold the insurance company --"insurance was boring to me," he said -- and with $100,000, became an investor. American Physician Partners is slated to go public in mid-September at around $15 a share. He needed something fresh, something different. A child of poor immigrants, Pappajohn was born in Greece and grew up in Mason City, Iowa, where his father ran a corner grocery store. Gores famously lost over $17 million in a three-day backgammon series to fellow billionaire JP McManus in 2012, the Independent reported, and Gores promptly paid up like a gent.. "John Pappajohn is my role model," says Antone Lazos, who founded a company with him in the 1980s. In August, 2016, he purchased Platinums stake and became sole owner. George N. Hatsopoulos, was awarded at the November 2009 Boston History & Innovation Awards for half a century of innovations in environmental quality, health and safety technologies. The Greek-born scientist wanted to change the way the world makes electricity. He moved to Chicago to live with family, before eventually continuing west to the San Joaquin Valley in California. It took him six years to graduate because he took turns with his brothers going to school. The family didn't have a telephone and shared a car. He wanted to own his own business. John Pappajohn (BSC52) wanted to change that. 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. Kynikos has offices in New York and London. His biggest coup involved Quantum Health Resources, a home health care company that he helped found in 1988. While he thinks Wall Street, Pappajohn never forgets that he is nurturing a business. 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 is founder and director of the John G. Rangos Sr. Family Charitable Foundation, founder and former president of the Congressional Medal of Honor Foundation, and founder and chairman emeritus of International Orthodox Christian Charities. RedChip's Blog. "If you have partners, it's very restrictive," says he. A lifelong Democrat, he won election to the Baltimore City Council and served on the Council from 1959 to 1963. He serves on the board of Cisco, a multinational corporation networking and communications technology and services company. 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. John Paul DeJoria is a member of "The Giving Pledge," a charity led by Warren Buffet and Bill and Melinda Gates. Sotirios J. Vahaviolosis Founder, Chairman, and CEO of Mistras Group, a global provider of technology-enabled asset protection solutions used to evaluate the structural integrity, safety and efficiency of critical, industrial and public infrastructure. On average, Cancer Genetics executives and independent directors trade stock every 35 days with the average trade being worth of $340,207. James S. Chanos is informally known as Wall Streets most notable bear. Founder and President of Kynikos Associates, Chanos heads the worlds biggest short-selling hedge fund. He started his first business, an insurance agency, in 1952. In 2016, this billionaire who finishes near the top of thelist with a net worth estimated at $3.1 billion, has pledged to give more than half of it away. He is also a trustee at the Hirshhorn Museum Washington D.C. 2023 John Pappajohn. 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 Institute Building at the University of Iowa. Peter Nicholas, co-founded the medical device company Boston Scientific with scientist John Abele in 1979, after meeting Abele at a childrens soccer game. International clients are in the fields of oil and gas, fossil and nuclear power, public infrastructure, chemicals, aerospace and defense, transportation, primary metals and metalworking, pharmaceuticals and food processing. In 2000, Hatsopoulos, his brother John, and other private investors purchased Tecogen, formerly the research and development division of Thermo Electron. Pappas Restaurants grew from the work of their father, Jim, and his brothers at Pappas Refrigeration, which they opened in 1945. John Pappajohn owns about 4,781,204 units of Cancer Genetics, Inc common stock. These centers have helped create and launch over 1,000 new companies. After graduating high school in 1951, he entered the printing industry, learning the ropes at an RCA affiliate on Wall Street before becoming a manager of printing operations elsewhere. Both are located in Des Moines, IA. The newspaper The National Herald issued the annual list of 50 Wealthiest Greek- Americans. The estimated Net Worth of John Pappajohn is at least $5.04 Million dollars as of 23 May 2019. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. 22 = Recreation Center Lot (UI no longer sells permits at this location, contact Iowa City Parking for more information, 319-356-5151.) vestment in Caremark. Often, the Pappajohn Center serves as the first step in transforming a . He is Founder and CEO of Georges Enterprises, a company based in Elmwood, LA, specializing in acquiring and growing businesses. Sampras, nonetheless, remains the only man to be ranked number one in the world by the Association of Tennis Professionals (ATP) six consecutive years, and is best remembered for his epic battles with fellow American Andre Agassi. Mary Louise Pappajohn, age 88, passed away March 17, 2022, in Naples, FL with her family by her side.. . Menu. Widely regarded as one of tennis all-time greats, Pete Sampras, retired in 2003 with a then-record 14 grand slam titles (a record subsequently broken by Roger Federer, with 18, and tied by Rafael Nadal). He went to Baltimore at age 11, where his family settled in the Highlandtown section. Argyros served as US Ambassador to Spain and owner of the professional baseball team Seattle Mariners. A former computer programmer, he is credited with foreseeing the need for online security in the early 1990s. NetGenics just celebrated its first birthday and already has contracts with major pharmaceutical companies. Pappajohn emigrated from Euboea, Greece to the United States when he was just nine months old. They have provided close to $750,000 in awards in Iowa for students and entrepreneurs participating in the annual Pappajohn Entrepreneurial Venture Competitions. John Pappajohn Iowa Entrepreneurial Venture Competition Awards $100,000 in Cash Prizes. The John & Mary Pappajohn Scholarship Fund was created through a generous gift from John and Mary Pappajohn. As a successful entrepreneur and generous philanthropist, John Pappajohn has been recognized by many national organizations. Marcus came to San Francisco from Greece at age four. The $1 million check went toward the creation of the John Pappajohn Entrepreneurial Center, one of five he funded in 1996. John organized Equity Dynamics Inc. in 1969, and continues as its president today. Meet Our People Isabella Grumbach, MD, PhD Internal Medicine Ted Abel, PhD Neuroscience and Pharmacology Renata Pereira Alambert, PhD Spanos, also founder of the real estate development company A.G. Spanos, is the son of Greek immigrants. 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 . The people featured in thelist enjoy all of these gifts, in greater or fewer amounts. 371 0 obj
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<. He completed his undergraduate studies in Economics at San Francisco State University in just two and a half years, and founded the universitys first economics club. A pioneer of the Internet and new media, Leonsis participated in launches of the Apple MacIntosh, the IBM PC and the Wang office automation. He selected in 2004 as a member of the National Academy of Sciences. He is also on the board of the University of Iowa Foundation. This field is for validation purposes and should be left unchanged. With wealth and advancing age, John Pappajohn has lost none of his zeal for creating businesses and making money. From there it's a classic immigrant-boy-makes-good story. Argyros sold the Mariners in 1989, after trying to move them elsewhere, and had also pursued purchase of the San Diego Padres. Michael Kalogris cofounded Arete Capital Partners, a private investment company, in 2008. 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. 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. He has been involved in more than 100 startups and more than 50 initial public offerings, and has served as a director in 40+ public companies. He has received no press outside his home state, but his investment acumen is the stuff of legend. He has been involved in over 100 startups and 50 IPOs, and has served as a Director in over 40 public companies. His wife, Margo, and he have established chairs and scholarships at various universities and medical centers. 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. Quantum provided hemophiliacs with medication and taught them to inject themselves intravenously at home. That innovation propelled Varvatos to the top-tier of the design industry, as boxer briefs were highly touted as one of the greatest apparel revolutions of the 20th century. The brothers grandfather, H.D., arrived in the U.S. in 1897 and became a restaurateur. After his father lost his restaurant business in the Wall Street crash of 1929, Karabots held his first job at age 9, in 1942, as a shoeshine boy in Manhattans Union Square. Top links. Baxter eventually acquired Kay Laboratories, earning Pappajohn his first million. Kalogris was chairman and CEO of SunCom Wireless, a wireless carrier which had operated in the southeastern United States since 1999, and in parts of the Caribbean since 2004. 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. 319-335-0862 tippie-business@uiowa.edu. Mr. Tsakopoulos and his family have also been dedicated supporters of civic and community causes. Facebook . In 2015, due to the companys success, Marcus net worth catapulted him from millionaire to billionaire. John Pappajohn's largest purchase order was 100,000 units, worth over $149.81K on May 28, 2010. The $100,000 that launched Pappajohn on his career as a venture capitalist did not come easily or early. He founded the privately owned group with his brother Constantine in 2003. Nonetheless, the familys history and contributions is notable. Core's chief executive, George Carpenter, called Pappajohn in distress, confessing that he had no money for his payroll. He helped establish Verisign as a global corporation used by millions of consumers and businesses daily as they interact on the worlds voice and data networks. Georges started out in the family business at a young age, sweeping warehouse floors at age 11 and making deliveries by age 15. In early 2017, JDA Software named Capellas Chairman after Bal Dail stepped down from that position. John Pappajohn continues to be active in promoting and supporting entrepreneurship in Iowa and across the globe. He is renowned for predicting and profiting from the 2001 Enron Corporation scandal. Pappajohn later read in the paper about the then still-emerging industry of venture capital. Sclavos led the company through a decade of robust growth and technological innovation. In 1969, Mr. Pappajohn is the chairman of our Board and is a pioneer in the venture capital industry. 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. The estimated Net Worth of John Pappajohn is at least $5.04 Million dollars as of 23 May 2019. University of Iowa University of Minnesota MARY PAPPAJOHN OBITUARY PAPPAJOHN--Mary. By William Green. After graduation from Mason City high school and the University of Iowa, John Pappajohn started his own insurance business. The son of Greek immigrants, Peterson grew up in Nebraska. Eventually he achieved sales and then management positions, offered by a Hellenophile from Austria, who was the owner of Polychrome, a manufacturer of supplies related to the printing industry. For brands such as Aveeno and Vitamin Water the creation of the professional team... Help. `` public on 4.4 acres in downtown Des Moines, Iowa with his parents at age.... 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