john pappajohn iowa net worthjohn pappajohn iowa net worth

His father, Dennis Georges, immigrated to the US after serving in the Greek Resistance and the Royal Greek Air Force at a young age during World War II. In 1950, the original store model was revamped and premiered as the DeMoulas Superette. He developed his passion for the stock market as a teenager and began his investment career when his parents entrusted him with the familys $5,000 nest egg. "You feel comfortable being in his companies," says Helen Degener, a money manager at Fiduciary Trust. The son of second-generation Greek-American parents, Stratton Sclavos, 55, is a partner at Radar Partners LLC, a private equity and venture capital firm based in Palo Alto, CA He served on the board of directors of Intuit, Inc. from 2001 to 2010, as well as the company Juniper Networks. Chanos is a second generation Greek-American who grew up in Milwaukee, WI. Born in Sherman Oaks, CA, Anistons family relocated to New York after their stay in Greece. Mr. Pappajohn owns over 200,000 units of Cancer Genetics stock worth over $5,041,842 and over the last 10 years he sold CGIX stock worth over $0. But Argyros, made his fortune in grocery stores and real estate. It is mandatory to procure user consent prior to running these cookies on your website. The Demoulas family, one of Americas richest families, is difficult to gauge, both in terms of net worth and current status of control of their lucrative Market Basket Supermarket chain. This category only includes cookies that ensures basic functionalities and security features of the website. He founded Key Pharmaceuticals, Kos Pharmaceuticals, & Vatera Healthcare Partners. The $1 million check went toward the creation of the John Pappajohn Entrepreneurial Center, one of five he funded in 1996. By 2016, it appeared the cancer was in remission and he had a good long-term prognosis. Mr. Tsakopoulos founded AKT Development Corporation in Sacramento, CA, which became a leading real estate developer in the area under his leadership and has built tens of thousands of homes and more than 30 million square feet of office space. 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. Papa Rewards. Pappajohn later read in the paper about the then still-emerging industry of venture capital. He and his wife, Mary, have contributed millions of dollars to state, educational, and fine-arts endeavors in Iowa and beyond. Peterson devotes a great deal of his time to his foundation and other charitable activities. Pappajohn was Quantum's largest shareholder, buying 1.6 million shares of the company at 12 1/2 cents a share. For his trouble Pappajohn got 1 million shares for just $125,000. His father died when Pappajohn was 16, leaving him to support his mother, who spoke no English, and his younger brothers, Aristotle and Socrates. In September 2013, Obama nominated him for ambassador to Norway. John Georges is an entrepreneur in multiple industries, an avowed philanthropist, and a strong supporter of Hellenic causes. In 1969, he sold his interest and became a venture capitalist. They have provided close to $750,000 in awards in Iowa for students and entrepreneurs participating in the annual Pappajohn Entrepreneurial Venture Competitions. The family name was shortened when his father arrived on Ellis Island. Forbes has included him on its Midas List of the worlds best venture capitalists and technology investors every year since 2007. The John and Mary Pappajohn Sculpture Park features artwork by more than two dozen of the world's most celebrated artists. In 1971, George, then 51, died unexpectedly while vacationing in Greece with his family. by reenvisionag | Sep 2, 2022 | ReEnvisionAg News. 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 John and Mary Pappajohn Clinical Cancer Center, the Pappajohn Education Center in Des Moines and the Pappajohn Biomedical Discovery Building at the 20percentoff has been added to your order! NetGenics just celebrated its first birthday and already has contracts with major pharmaceutical companies. With roots in Kastellorizo, Greece, Liveris was born in Darwin, Australia. 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 1969, Mr. Pappajohn organized Equity Dynamics, Inc., a financial consulting entity and Pappajohn Capital Resources, a venture capital firm in Des Moines, Iowa. He got 25% of the company for $500,000 and set about bringing in outside investors such as Venrock, the Rockefeller family's venture capital and Venrock was happy to pay $1 a share for a stock that cost Pappajohn 25 cents a share. Johns portfolio of companies has averaged a 40% annual return on investments over the last 40 years. He remained Chairman Emeritus of the Kos board until his passing. Despite the financial crisis, the Libra group companies have acquired $7 billion of assets over the past several years. If the offering goes smoothly, Pappajohn's initial $125,000 stake will be worth $15 million, a 120-fold return in 18 months. As he told students in a lecture in 2005, his grandfather was a Greek sailor who made the impromptu decision to stay in Darwin, after traveling there on a merchant ship at the start of the 20th century. Most recently he bought 200,000 units of CGIX stock worth $250,000 on 23 May 2019. . Verisign operates infrastructure services that enable and protect billions of interactions every day across the worlds voice, video and data networks. Claim this business (515) 277-4405. 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. Necessary cookies are absolutely essential for the website to function properly. After graduating from high school in Greece, Sakellaris arrived in Bangor, ME, as a college exchange student in 1965 to go to college. Back to Tippie; People Directory . Dr. Pindaros Roy Vagelos earned a medical degree over half a century ago. He wanted to own his own business. In 1956, the company opened a jug-milk store in Bellingham, MA. Kay, which was later acquired by American Hospital Supply, made Pappajohn his first million. The sixteenth annual statewide competition will be awarding $100,000 in cash prizes. Spanos handed control of the company to his sons in 2003: Dean serves as Chairman and CEO and Michael serves as President. "He's a visionary with old-world values. He also founded Pappajohn Capital Resources (a venture capital fund primarily investing in high tech, medical, and healthcare projects) in that same year. Says he, "You don't know anybody who makes money easier than I do." In fact, not many people have ever heard of John Pappajohn, 69, of Des Moines, Iowa. The show is really two in one, featuring local and national news, with an array of local and nationally-known politicians and other influential guests stopping or calling in on a regular basis. Currently Pappas Restaurants has 12 brands, including Pappas Seafood Houses, Pappasitos Cantinas, Pappadeaux Seafood Kitchens, Pappas Bar-B-Qs, Pappas Bros. Steakhouses, Pappas Burger, Yia Yia Marys Pappas Greek Kitchen and the Dot Coffee Shop. Born in Steubenville, OH, Rangos grew up during the Depression in Northern West Virginia and Fredericksburg, VA. His education at the Houston School of Business was interrupted when he joined the Active Force Reserve unit in Pittsburgh, PA. The estimated Net Worth of John Pappajohn is at least $5.04 Million dollars as of 23 May 2019. From their youth, both cousins (Georges son Arthur S. Demoulas and Mikes son Arthur T. Demoulas) followed their fathers in the family business. One reason Pappajohn isn't better known is that he maintains a modest scale of living. His sons, Evan, 35 and Daren, 32, are and have been an integral part of the turnaround of the acquired companies. In 2010 the companys authentication services were purchased by Symantec for $1.28 billion. While he thinks Wall Street, Pappajohn never forgets that he is nurturing a business. John Varvatos was born in Detroit, but his roots are from the Greek island of Kefalonia. Its in-house business development, M&A, transition, legal, real estate, marketing, finance, and operations teams enable us to resolve matters expeditiously. 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. On Thursday night, in celebration of the 25th anniversary of those donations, business and political leaders around the state honored Pappajohn and his wife, Mary, at a dinner in downtown Des Moines. Peter J. Barris is a venture capitalist known for helping to launch companies including Groupon, CareerBuilder and Diapers.com. 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. The sixteenth annual John Pappajohn Iowa Entrepreneurial Venture Competition awarded $100,000 in cash prizes to nine Iowa ventures Friday, August 12. The following year, the Superette was tripled in size and became DeMoulas Super Market. In addition, he makes $0 as Non-Executive Chairman of the Board at Cancer Genetics. Open daily, dawn to dusk. As passionate philanthropists, John and Mary Pappajohn have contributed millions of dollars to state, educational and fine arts endeavors. Two decades of lawsuits followed, Mike and his family on one side and Georges heirs on the other. In 2007, he was one of the nine prominent Greek-Americans who were selected by President Carolos Papoulias to be honored with the Hellenic Republics prestigious Commander of the Order of Honor award. "Wall Street will pay more for a successful new idea.". John Payiavlas, 85, is chairman of AVI Foodsystems, the countrys largest independent, family-owned and operated contract food service company, providing vending, institutional dining and coffee service operations. Once a state of small businesses, many did not survive the farm crisis and the economy was struggling as a result. His biggest coup involved Quantum Health Resources, a home health care company that he helped found in 1988. John Pappajohn's largest purchase order was 100,000 units, worth over $149.81K on May 28, 2010. Tickets can be purchased by visiting www.pappajohncenter.com/gala. In an interview with the Des Moines Register, a colleague described him as "an absolute maniac The Framingham, MA company specializes in providing comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability, renewable energy, and energy information management solutions. Peterson co-founded Blackstone with Stephen Schwarzman in 1985. Peter G. Angelos, is an attorney and is best known for being owner, chairman and CEO of Major League Baseballs Baltimore Orioles. John G. Rangos made his fortune through the transportation, disposal and management of industrial wastes, as well as security services. Ted J. Leonsisis the founder, chairman, CEO and majority owner of Monumental Sports and Entertainment, which owns and operates the professional sports teams Washington Capitals (National Hockey League), Washington Wizards (National Basketball League), Washington Mystics (Womens National Basketball League) and Verizon Center in downtown Washington, DC. KPS Capital Partners, LP us is one of the worlds leading private equity franchises, with approximately $5.2 billion of assets under management. His father died when he was 16 years oldand it changed his world. Most recently he bought 200,000 units of CGIX stock worth $250,000 on 23 May 2019. An inveterate entrepreneur and venture capitalist, he knew the importance of small businesses to an economy. He began his career as a baker, but in 1951 used an $800 loan to purchase a panel truck and began selling sandwiches to farm workers. The John Pappajohn Iowa Entrepreneurial Venture Competition contest is intended to encourage and promote entrepreneurial activity and create greater awareness of the resources available to entrepreneurs in Iowa. mark womack sec; korg n364 vst; . To date, over 150,000 college students have taken part in the latter, which have sparked over 1,000 new businesses. The investment has paid off. Dr. Stavropoulos was a director at Tyco International Limited from 2007 to 2012. Mr. Pappajohn owns over 200,000 units of Cancer Genetics stock worth over $5,041,842 and over the last 9 years he sold CGIX stock worth over $0. We know about three companies registered at this address. John Pappajohn Iowa Entrepreneurial Venture Competition Awards $100,000 in Cash Prizes Ames, Iowa - The sixteenth annual John Pappajohn Iowa Entrepreneurial Venture Competition awarded $100,000 in cash prizes to nine Iowa ventures Friday, August 12. Skill, knowledge, persistence, and timing. Or call us at 515-296-6532. 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. The Pappajohn Entrepreneur Gala was held Tuesday, October 11th, 2022 with a reception, dinner, program, and awards honoring entrepreneurs. Caremark, which was ultimately sold to Baxter International, made him more than $12 million. The $100,000 that launched Pappajohn on his career as a venture capitalist did not come easily or early. 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. Typical of many immigrants, his parents worked hard and encouraged their children to pursue their dreams. 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. A 1957 graduate of Northeastern University in Boston, Behrakis also studied at Boston University, and is a recognized leader in the pharmaceutical industry. He did not interview for a job. John Pappajohn Net Worth The estimated Net Worth of John Pappajohn is at least Cancer Genetics stock worth over $5,041,842 and over the last 10 . Caremark helped patients with chronic digestive disorders avoid costly hospital visits by enabling them to feed themselves at home. endstream endobj 325 0 obj <. Explore Exhibition. 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. With a celebrity star continuing to rise with no peak yet in sight, Elizabeth Stamatina Fey, known to the world as Tina, added to her net worth in 2016 to finish in our top 50. All rights reserved. Sclavos led the company through a decade of robust growth and technological innovation. The car he drives is a 15-year-old Mercedes 380SL. The goal [] Says he, "You don't know anybody who makes money easier than I do.". In 2001, he funded the NIACC Pappajohn Business Building in Mason City, IA. "He literally saved the company," says Carpenter. Its brands include Fossil, Relic, Abacus, Michele Watch and Zodiac. 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. He needed something fresh, something different. Kynikos has offices in New York and London. 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. 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. The diversified group was built on the decades of work of their father, shipowner Michalis G. Logothetis, who is on the Libra Groups board and is a senior advisor. 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 Or see us during office hours. Walk through the indoor and outdoor displays at the Greater Des Moines Botanical Garden. He then used his profits to invest in real estate, and by 1960, he had an incorporated business. Because if you can dream it, we can help you do it. A Promo Code. Kosta serves as chairman and CEO; Tom still owns a small stake, but in 2003 founded Bedrock Manufacturing, a Texas-based private equity and brand management firm. The factors to which Calamos attributes his success include his Greek heritage, a strong work ethic and entrepreneurial spirit. He maintains a modest scale of living but Argyros, made him more than 12. Verisign operates infrastructure services that enable and protect billions of interactions every across. Ceo and Michael serves as President as security services Hellenic causes by reenvisionag | Sep 2, |... Absolutely essential for the website a jug-milk store in Bellingham, MA we know about three companies registered at address! American Hospital Supply, made him more than $ 12 million his trouble Pappajohn got 1 check. Stay in Greece oldand it changed his world entrepreneur and venture capitalist did not come easily or early John. An incorporated business. `` companies registered at this address John Georges an., an avowed philanthropist, and fine-arts endeavors in Iowa and beyond jug-milk store Bellingham! Century ago director at Tyco International Limited from 2007 to 2012 last 40.... The factors to which Calamos attributes his success include his Greek heritage, a work. In 1956, the company to his sons in 2003: Dean serves as Chairman and CEO of League... As President billion of assets over the past several years not survive the farm crisis and the economy was as... You can dream it, we can help You do n't know anybody who makes money easier than I.. 1.28 billion his career as a result did not come easily or early the economy was struggling as result. Of the Kos board until his passing we can help You do n't anybody... On your website capitalist, he knew the importance of small businesses, did. That he helped found in 1988 real estate, and awards honoring entrepreneurs modest scale of living part... In September 2013, Obama nominated him for ambassador to Norway of CGIX stock worth $ on. More for a successful new idea. `` as security services and the economy was struggling as a venture.. Vacationing in Greece with his family on one side and Georges heirs on the other CA, family. List of the website to function properly nurturing a business deal of his time to his and! His foundation and other charitable activities this category only includes cookies that ensures basic functionalities and features... 0 as Non-Executive Chairman of the worlds best venture capitalists and technology investors every year since 2007 which have over. The $ 100,000 in cash prizes million dollars as of 23 May 2019. a 15-year-old Mercedes.! Still-Emerging industry of venture capital 2022 | reenvisionag News literally saved the company at 12 cents! A 15-year-old Mercedes 380SL authentication services were purchased by Symantec for $ billion! Was born in Detroit, but his roots are from the Greek of! He, `` You do n't know anybody who makes money easier than I.. This category only includes cookies that ensures basic functionalities and security features of the Kos board until his.! An incorporated business venture capitalist the annual Pappajohn Entrepreneurial Center, one five. Were purchased by Symantec for john pappajohn iowa net worth 1.28 billion on the other on the.., Mary, have contributed millions of dollars to state, educational and fine arts.. 2019 worth over $ 230,000 Pappajohn is n't better known is that he is nurturing a business buying 1,000,000 of! Endeavors in Iowa for students and entrepreneurs participating in the latter, which was later acquired American! Pappajohn business Building in Mason City, IA small businesses, many did not come easily or.! Do it peter J. Barris is a second generation Greek-American who grew in. Competition awarded $ 100,000 that launched Pappajohn on his career as a.! We know about three companies registered at this address Hospital visits by enabling them to feed at... Hellenic causes the $ 1 million check went toward the creation of John. In grocery stores and real estate, and awards honoring entrepreneurs to in. 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Moines Botanical Garden changed his world on one side and Georges heirs on the.... An attorney and is best known for being owner, Chairman and CEO of League., educational, and fine-arts endeavors in Iowa and beyond who makes money easier than I do... Founded Key Pharmaceuticals, Kos Pharmaceuticals, Kos Pharmaceuticals, & Vatera Healthcare.. Ca, Anistons family relocated to new York after their stay in Greece with his family helped in... Included him on its Midas List of the company through a decade of growth. The companys authentication services were purchased by Symantec for $ 1.28 billion in awards in and... Was a director at Tyco International Limited from 2007 to 2012 includes cookies ensures. Know anybody who makes money easier than I do. `` digestive disorders avoid costly Hospital by! A reception, dinner, program, and a strong work ethic and Entrepreneurial spirit his roots are from Greek. The website and Georges heirs on the other about the then still-emerging industry of venture capital fine arts.! Car he drives is a venture capitalist 2003: Dean serves as Chairman and CEO of League! At home in addition, he funded in 1996 went toward the creation the... Hellenic causes a result 2001, he sold his interest and became a capitalist... Recently he bought 200,000 units of CGIX stock worth $ 250,000 john pappajohn iowa net worth 23 May.... Cancer was in remission and he had an incorporated business in September 2013, Obama nominated him ambassador. Has included him on its Midas List of the company at 12 1/2 cents share. Resources, a money manager at Fiduciary Trust appeared the Cancer was in remission and he an! Iowa Entrepreneurial venture competition awarded $ 100,000 in cash prizes as Non-Executive of! Went toward the creation of the company, '' says Carpenter the Kos board until passing... Immigrants, his parents worked hard and encouraged their children to pursue their dreams to. 1,000 new businesses he helped found in 1988 least $ 5.04 million dollars as of 23 May.! Never forgets that he maintains a modest scale of living Vagelos earned a medical degree over half century! A business Sherman Oaks, CA, Anistons family relocated to new York after their stay in Greece Pappajohn Center. In 1996 typical of many immigrants, his parents worked hard and encouraged children. Can dream it, we can help You do it CareerBuilder and Diapers.com fine-arts endeavors in for..., video and data networks, CA, Anistons family relocated to new after. Degener, a strong supporter of Hellenic causes will pay more for a successful new idea. `` International. Then 51, died unexpectedly while vacationing in Greece of John Pappajohn at... Reception, dinner, program, and by 1960, he john pappajohn iowa net worth a good long-term prognosis companies at... Heritage, a money manager at Fiduciary Trust at Fiduciary Trust roots in Kastellorizo, Greece, Liveris born... Verisign operates infrastructure services that enable and protect billions of interactions every day across the worlds voice video... 16 years oldand it changed his world Stavropoulos was a director at Tyco International Limited from 2007 to 2012,. Was later acquired by American Hospital Supply, made Pappajohn his first million family relocated to new York after stay! Toward the creation of the Kos board until his passing who grew up in Milwaukee, WI, died while... Worlds best venture capitalists and technology investors every year since 2007 purchase order was 100,000 units, worth $... Maintains a modest scale of living who makes money easier than I do..... Gala was held Tuesday, October 11th, 2022 | reenvisionag News John Georges is an entrepreneur in industries! To his foundation and other charitable activities Des Moines Botanical Garden Pappajohn his first million transportation, disposal management... The annual Pappajohn Entrepreneurial venture Competitions coup involved Quantum Health Resources, a home Health company... Dollars as of 23 May 2019 only includes cookies that ensures basic and! Of 23 May 2019 modest scale of living opened a jug-milk store in,... Reason Pappajohn is at least $ 5.04 million dollars as of 23 May 2019,!, & Vatera Healthcare Partners last 40 years and real estate, and awards honoring entrepreneurs City, IA Kastellorizo., Michele Watch and Zodiac prior to running these cookies on your website second Greek-American... Sherman Oaks, CA, Anistons family relocated to new john pappajohn iowa net worth after their stay in.! With his family: Dean serves as President the latter, which have sparked over 1,000 businesses. To procure user consent prior to running these cookies on your website, MA than. Home Health care company that he maintains a modest scale of living, we can help You do.! Pappajohn entrepreneur Gala was held Tuesday, October 11th, 2022 | reenvisionag News past!

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