Mike continued to expand the chain and began opening stores under different names, including Market Basket. As passionate philanthropists, John and Mary Pappajohn have contributed millions of dollars to state, educational and fine arts endeavors. Within months the Dallas-based company boasted annualized revenues of $ 150 million. The estimated Net Worth of John Pappajohn is at least 5.04 $ dollars as of 23 May 2019. Baxter eventually acquired Kay Laboratories, earning Pappajohn his first million. She served as President of the Junior League of Des Moines, President of Goodwill of Central Iowa, and President of the Des Moines chapter of the Daughters of Penelope. Equity Dynamics is a financial consulting entity; Pappajohn Capital Resources is a venture capital firm. 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. Bidzos is an Internet and security industry pioneer, whose accomplishments include building RSA Security, an Internet identity and access management solution provider, into the early standard-bearer for authentication and encryption, and launching Verisign as a spin-off in 1995 to develop the digital certificate infrastructure for Internet commerce. If the offering goes smoothly, Pappajohn's initial $125,000 stake will be worth $15 million, a 120-fold return in 18 months. The 2018 John Pappajohn Iowa Entrepreneurial Venture Competition came to a close on September 13th with the announcement of the winners at a special recognition luncheon at Drake University in Des Moines. 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. Kynikos has offices in New York and London. The Pappajohn Center supports a culture of entrepreneurship and innovation, while providing the tools to build and improve your business. Marcus came to San Francisco from Greece at age four. 108 Pappajohn Business Building, Suite C120 Iowa City, IA 52242-1994 Phone: 319-335-0862 Fax: 319-335-0860 Toll Free: 800-553-4692 tippie-business@uiowa.edu He came to the United States to study engineering at Fairleigh Dickinson University in New Jersey, where he graduated first in his science and engineering class and went on, as a recipient of The Bell Laboratories Graduate Study Scholarship Program, to earn MS and PhD degrees in electrical engineering from Columbia University. His father died when he was 16 years of age, and Pappajohn worked to pay his way through college. His parents, Konstantina Hrisomalis and Georgios Karabotsios, hailed from the Peloponnesian villages of Anavriti and Malendreni, respectively. He has been an active supporter of national Democratic candidates. He retired from AOL in 2006 and currently serves as vice chairman emeritus. KPS acquires non-core, underperforming or distress underperforming manufacturing and industrial companies and makes the business better by implementing operations-driven turnaround strategies. After a highly publicized series of challenging confirmation hearings before the Senate last year, however, Tsunis withdrew his nomination in December 2014. Caremark helped patients with chronic digestive disorders avoid costly hospital visits by enabling them to feed themselves at home. The insurance business offered a good living, but you could not get rich selling such a competitive product. These centers have helped create and launch over 1,000 new companies. Mr. Pappajohn also organized and financed the John Pappajohn Entrepreneurial Centers at five different universities and colleges in the state of Iowa for more than $30 million. Constantine Dinos Iordanou is president, CEO and Chairman of the Board of Arch Capital Group, Ltd, a Bermuda-based insurance/reinsurance global entity. Spanos, also founder of the real estate development company A.G. Spanos, is the son of Greek immigrants. We encourage innovative, new ventures to participate. We also use third-party cookies that help us analyze and understand how you use this website. It monitors daily such historic bridges as the Ben Franklin bridge in Philadelphia, PA, the Severn bridge connecting England and Wales, the Bay Bridge in San Francisco, SC, platforms and oil rigs in places such as the North Sea, US-based nuclear power plants, and other industrial plant facilities in countries all over the world, through the help of online monitoring technologies based on satellites and other links. 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. By 2016, it appeared the cancer was in remission and he had a good long-term prognosis. hb```, ea8 10L?T`~CVtf@RcrFA\-pq#=ODA!@ biH(?J-4Y8;VO8YmGRtWy@" 7@ ` 8 324 0 obj <> endobj and have reached the pinnacle in their fields and profited immensely, often bringing profit to those around them as well. In 1996, Hatsopoulos won the John Fritz Medal, the highest American award in the engineering profession. Jamie Dimon is chairman and CEO of Americas largest bank JPMorgan Chase, and considered one of the nations most powerful people. Pappajohn has served as director in over 40 public companies. Dr. Yancopoulos earned MD and PhD degrees from Columbia University, and was the eleventhmost cited scientist in the world in the 1990s. 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. 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. Dr. Pindaros Roy Vagelos earned a medical degree over half a century ago. The following December, he announced to his staff that he had concluded treatment and that after testing, his doctors found no evidence of cancer in his body, although he will continue to be monitored. Cancer Genetics executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. All rights reserved. The brothers grandfather, H.D., arrived in the U.S. in 1897 and became a restaurateur. The family didn't have a telephone and shared a car. He is Founder and CEO of Georges Enterprises, a company based in Elmwood, LA, specializing in acquiring and growing businesses. %PDF-1.6 % He is also a trustee at the Hirshhorn Museum Washington D.C. 2023 John Pappajohn. He joined the worldwide health products firm in 1975 as senior vice president of research, and became president of its research division in 1976. It invests in food vending, grocery distribution, video/arcade entertainment, restaurants, and media outlets. His four sons followed his lead with endeavors including opening Pappas Bar-B-Q. 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. 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). He did it for the kids, to make sure we have a better future. Today, Gores heads the Beverly Hills-based private equity firm The Gores Group, which has $2.5 billion in assets. He is also vice chairman of the Hirshhorn Museum in Washington, D.C. Contact Us You can email us at info@isupjcenter.org. Born in Sherman Oaks, CA, Anistons family relocated to New York after their stay in Greece. He graduated with a BSC degree in business from the University of Iowa in 1952. 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. to 10p.m.Topay his way through the University of Iowa, he toiled as a supermarket butcher. While attending school, Mr. Tsakopoulos supported himself as a real estate salesman, foreshadowing his highly successful career in real estate development. Michael Kalogris cofounded Arete Capital Partners, a private investment company, in 2008. One reason Pappajohn isn't better known is that he maintains a modest scale of living. A leading philanthropist and nationally celebrated entrepreneur and business leader, Pappajohn is a 1952 graduate of the University of Iowa, and he received an honorary doctorate from the UI in 2010. Because if you can dream it, we can help you do it. 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. John P. Calamosis founder and chairman of Calamos Investments, a global asset management firm. Born in Laconia, Greece, Sakellaris founded Ameresco in 2000 and took it public 10 years later. Peterson devotes a great deal of his time to his foundation and other charitable activities. Tensions began brewing between the two families and erupted in the 1990s, when it came to light that Mike had been secretly shifting his brothers half of the company assets into his own name after Georges death. The goal [] Johns portfolio of companies has averaged a 40% annual return on investments over the last 40 years. Quantum provided hemophiliacs with medication and taught them to inject themselves intravenously at home. MASON CITY-Aristotle George Pappajohn passed away peacefully in his home on December 24th at the age of 90. From 2007 to 2010, he was the Chairman and CEO of First Data Corporation (FDC), the worlds leading payment processing company. In addition, Mr. Pappajohn serves on the the Collectors Committee and Trustees Council for the National Gallery of Art. RedChip's Blog. His last years with Verisign were taken up with investigations into the companys stock option program, but it is not believed that Sclavos personally benefited from the option grants in question, though it did occur under his watch. President of Equity Dynamics and Pappajohn Capital Resources, he is also sole proprietor. After seven years, he cashed out. He continued to hold both positions until 1984, when he was elected executive vice president. On average, Cancer Genetics executives and independent directors trade stock every 35 days with the average trade being worth of $340,207. In addition, he makes $0 as Non-Executive Chairman of the Board at Cancer Genetics. 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. In 2001, he funded the NIACC Pappajohn Business Building in Mason City, IA. Pappajohn is old-fashioned in more than his ethics. The $100,000 that launched Pappajohn on his career as a venture capitalist did not come easily or early. Pappajohn took over the store, often working from 6a.m. He founded Key Pharmaceuticals, Kos Pharmaceuticals, & Vatera Healthcare Partners. Cumberland Farms expanded across state lines and eventually grew to become the largest dairy farm operation in Massachusetts. Peter J. Barris is a venture capitalist known for helping to launch companies including Groupon, CareerBuilder and Diapers.com. The $100,000 in seed funding includes a $50,000 contribution from John and Mary Pappajohn, matched by $50,000 from the Iowa Economic Development Authority (IEDA). . The most recent stock trade was executed by John A Roberts on 31 January 2019, trading 185,436 units of CGIX stock currently worth $42,650. A major diversified, multinational company, Tyco is a leading provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products. mark womack sec; korg n364 vst; . Best known throughout the sports world as owner of the NFLs San Diego Chargers, Alex G. Spanos, continues to add to his net worth, finishing at $2.4 million in 2016, according to Forbes. While he thinks Wall Street, Pappajohn never forgets that he is nurturing a business. He remained Chairman Emeritus of the Kos board until his passing. 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. The company currently owns and manages ten hotels, including Chartwells Holiday Inn at Williamsport, PA earned a Newcomer of the Year award from Holiday Inn in 2007. ", One reason his executives admire him is that he lets them run the business but is always ready to offer advice if asked. Necessary cookies are absolutely essential for the website to function properly. . John Pappajohn continues to be active in promoting and supporting entrepreneurship in Iowa and across the globe. The John and Mary Pappajohn Sculpture Park features artwork by more than two dozen of the world's most celebrated artists. Facebook . My father was willing to give up literally everything he had [in Israel] and pack his bags and bring us here, Gores told Forbes in October, 2016. Peterson retired from the company in late 2008, selling most of his shares and receiving $1.85 billion in cash upon exiting, before taxes and meeting several trust and charitable obligations. The Greek-born Metropoulos moved to the United States with his parents at age 9. Besides her lucrative acting career, Aniston is in demand as a spokeswoman for brands such as Aveeno and Vitamin Water. 371 0 obj <>stream "That was it. George Sakellarisis Chairman of the Board, President, and CEO of Ameresco, which is one of the largest energy solutions companies in North America. 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. Over the past decade it added approximately 30 new stores and a new perishable/produce distribution center, and doubled sales. The family then immigrated to Ohio, where Capellas father worked his way up from laborer to superintendent at the Republic Steel Corporation. In addition to leading the company, he held various positions in research, marketing, and general management. Six of Chris and Harris children have taken on more prominent roles in the business, including marketing, real estate, culinary research and development, and construction. The Haseotes Family tops thelist of the wealthiest Greek-American family and in 2016 they made a major company change, selling off its subsidiary Gulf Oil. Nicholas Galakatoshas been Managing Director of Clarus Ventures since companys beginnings in 2005. James S. Jim Davis, the Chairman of New Balance (NB), tops thelist again this year. On average, John trades about 76,253 units every 38 days since 2013. John and Mary Pappajohn Sculpture Park. Core's chief executive, George Carpenter, called Pappajohn in distress, confessing that he had no money for his payroll. He has been involved in over 100 startups and 50 IPOs, and has served as a Director in over 40 public companies. 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. %%EOF There was an irresistible entrepreneurial streak in this shopkeeper's son. 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. Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a range of interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology and gynecology. 19.Kostas & Tom Kartsotis $1.02 BILLION. Born in Greece, Bidzos he came to the United States as a boy. He also founded Pappajohn Capital Resources (a venture capital fund primarily investing in high tech, medical, and healthcare projects) in that same year. With over 50 years of experience in entrepreneurial endeavors, John Pappajohn is one of the most recognized and celebrated business leaders in and outside of the Midwest. In April 1996 American Physician Partners was merely a concept dreamed up by John Pappajohn, a venture capitalist, and Dr. Derace Schaffer, a radiologist. 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 and his wife Mary are listed as one of the top 200 art collectors in the world by Art News Magazine for years 1998 to 2014. Michael Psarosis a cofounder and managing partner of private equity fund KPS Capital Partners, LP, and a member of its investment committee. Pappajohn was Quantum's largest shareholder, buying 1.6 million shares of the company at 12 1/2 cents a share. They have provided close to $750,000 in awards in Iowa for students and entrepreneurs participating in the annual Pappajohn Entrepreneurial Venture Competitions. 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. 66 Followers. In June 2014, he joined the board of digital security start-up BitGo. A year later, Levitas, unable to endure the stress of short selling, left the company. For many years, he has been associated with the John F. Kennedy Center for the Performing Arts in Washington, D.C.; the National Gallery of Art, also in D.C.; and the Whitney Museum, in New York City. John is a resident of 24 Foster Drv, Des Moines, IA 50312-2563. Says he, "You don't know anybody who makes money easier than I do.". Within hours Pappajohn had lent Core $200,000. He was one of the early venture capitalists. Here there is a launching pad for all types of creative minds. From there it's a classic immigrant-boy-makes-good story. Pappajohn Sculpture Park 1330 Grand Avenue Des Moines, IA 50312 Get Directions. John G. Rangos made his fortune through the transportation, disposal and management of industrial wastes, as well as security services. He earned a bachelor's degree in commerce from the UI in 1952 and went on to become one of the university's most accomplished alumni. Mr. Pappajohn's philosophy of giving has helped set the pace for progress and learning in his native Iowa. For his trouble Pappajohn got 1 million shares for just $125,000. The Cambridge, MA-based company is a life sciences venture capital firm founded by a team of accomplished investment professionals with extensive and complementary industry backgrounds which have enabled them to establish a long history of success in creating value, according to its website, which also reports $1.2 billion of assets under its management across two life sciences-dedicated funds. The Greek-born Galakatos has over two decades of healthcare sector industry and investment experience. Through college highly publicized series of challenging confirmation hearings before the Senate year... G. Rangos made his fortune through the University of Iowa in 1952 the in... Buying 1.6 million shares for just $ 125,000 Pappajohn have contributed millions of dollars to,... 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