It must be very disappointing to look in the newspaper while having coffee and realize your old college roommate is of multibillionaire when you are still struggling to pay your bills. This happened just a year ago with Lloyd Grove who is the editor of The Daily Beast. When this occurs, it reminds you of two things. It reminds you that you have not achieved your dreams and it also reminds you that you should have become better friends with the dude whose head you used to stuff deep inside nasty uncleaned toilets.
Lloyd Grove open the newspaper to see that his old friend, Tony Petrello, had amassed a fortune that could nearly rival that of George Soros and Bill Gates. Tony was worth several billion dollars and in the year 2015, his total compensation package was over $15 million.
Tony began as a mathematical genius and was a protégé to the world-renowned Professor Serge Lang. Traveling the world with his mentor, Tony would begin pushing new theories of mathematics and challenging the accepted paradigm of his day. Many thought that he would take over from his mentor, but they were shocked when they realized that he dropped out of mathematics and decided to become a corporate lawyer.
Tony would graduate from the prestigious Harvard Law school with a bachelors degree in justice and then pursue a Masters degree from Yale University in the area of mathematics. In the year 1979 Tony received a job offer from the law firm Baker and McKenzie. He would work there for over a decade before being moved to a managing partner at the New York office. He remained a managing partner for nearly five years.
From here, Tony would go on to become the director of Stewart and Stephenson. However, he would end up leaving that post in just a few years.
Tony made most of his money by working for Nabors industries. He was the CEO for the company beginning in 1991. He then got promoted to the president of the company in the year 1992. He would take over the chairmanship of the board in 1993. In fact, he held all three positions for nearly one decade.
During his time at Nabors industries, Tony was able to raise their stock by 180%. In 2014 there was a bump in the road, but Tony was able to convince stockholders to stay with him.
Find more about Anthony Petrello: http://blogs.marketwatch.com/thetell/2014/05/27/why-nabors-ceo-wont-top-best-paid-bosses-list-again-in-2014/