He earned a doctorate in organic chemistry at MIT before his post-doctoral studies at Harvard Medical School. By William Green. The event was presented by the University of Iowa John Pappajohn Entrepreneurial Center. In 2010, he published The Business of Happiness: 6 Secrets to Extraordinary Success in Life and Work. The Greek-born Metropoulos moved to the United States with his parents at age 9. 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. Born in Potomac, MD to an American-born father of Greek descent and a mother born in Sparta, Sampras from age three showed an unusually gifted athletic ability. Pappajohn emigrated from Euboea, Greece to the United States when he was just nine months old. He was chairman, president, & chief executive officer of Verisign for 12 years before he resigned in May 2007, leading that company through many acquisitions. Peterson devotes a great deal of his time to his foundation and other charitable activities. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This website uses cookies to improve your experience while you navigate through the website. 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. He is also vice chairman of the Hirshhorn Museum in Washington, D.C. Today George Logothetis is based in New York, while Constantine, who is Executive Vice Chairman of the group, is based in London. Over the last 10 years, insiders at Cancer Genetics have traded over $1,720,897 worth of Cancer Genetics stock and bought 3,891,559 units worth $4,573,241 Success unshared is failure, he told CNBC. The son of Greek immigrants, Behrakis was born and raised in Lowell, MA. Core's stock has tripled, to $9, in the past two years. Its brands include Fossil, Relic, Abacus, Michele Watch and Zodiac. In addition, all major Iowa universities have benefited from his generosity and ongoing support of their entrepreneurial centers. The Pappajohn Center supports a culture of entrepreneurship and innovation, while providing the tools to build and improve your business. Prior to joining Tyco, Stavropoulos spent 39 years at Dow. He has been a member of several boards of the Kennedy Center on a continuous basis for more than 24 years. 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. 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). 19.Kostas & Tom Kartsotis $1.02 BILLION. He has been named one of Time magazines Digital 50, and is in CRNs Computer Industry Hall of Fame. In September 2013, the Federal Aviation Administration named Bidzos, who is a certified pilot, to the FAA Airmen Certification Database. The Australian-born Liveris succeeded Dr. William Stavropoulos, a friend and mentor (also listed in this edition) in 2004 and became Chairman of the Board in 2006. George Yancopoulosjoined Regeneron Laboratories in 1989 as its Founding Scientist and is currently President and Chief Scientific Officer. His father died when he was 16 years oldand it changed his world. Drummers John Bonham of Led Zeppelin and Alex Van Halen of Van Halen are two of his biggest influences. Their clients include Ohio State University, FedEx, DirecTV, BMV of North America, Xerox, General Electric, Wellesley College, Progressive Insurance, University of Pittsburgh Medical Center, Verizon, and Xerox. A Promo Code. Walk through the indoor and outdoor displays at the Greater Des Moines Botanical Garden. Andrew Liveris, is president, chairman and CEO of international chemical, materials, agroscience and plastics global giant, the Dow Chemical Company, based in Midland, MI. In 2007, they donated $30 million in sculptures to the Des Moines Art Center to create a new public art space. Behrakis gave a $1.8 million grant in 2010 to a Harvard University School of Public Health study on smoking in Greece. 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. The ISU John Pappajohn Center for Entrepreneurship, part of the Ivy College of Business and the Office of Economic Development and Industry Relations, offers numerous programs and services that broadly reach and connect students, community entrepreneurs, business professionals, and alumni. 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. Both are located in Des Moines, IA. The NIACC Pappajohn Entrepreneur Gala celebrates the entrepreneurs and partners who make our communities a great place to work and live. 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. In 2016, he stepped down as CEO. The sixteenth annual John Pappajohn Iowa Entrepreneurial Venture Competition awarded $100,000 in cash prizes to nine Iowa ventures Friday, August 12. 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. Tippie College of Business is home to the John Pappajohn Entrepreneurial Center (Iowa JPEC), a national leader in teaching entrepreneurship and innovation. Born in Sherman Oaks, CA, Anistons family relocated to New York after their stay in Greece. More. After being diagnosed with pancreatic cancer 20 months earlier, he continued living. Equity Dynamics is a financial consulting entity; Pappajohn Capital Resources is a venture capital firm. 82 = Chauncey Swan Ramp (UI no longer sells permits at this location, contact Iowa City Parking for more information, 319-356-5151.) 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. The estimated Net Worth of John Pappajohn is at least $5.04 Milion dollars as of 23 May 2019. 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. Each company has its own specialty, with Yia Yia Marys, for instance, specializing in Greek food, fish and mezedes (Greek, with a hint of Texas). Tom Gores, 52, was born in Nazareth, Israel to a Greek father and a Lebanese mother. Jim Levitas, his former boss, partnered with Chanos to launch Kynikos Associates with $16 million. Mr. Pappajohn serves as a trustee for the Des Moines Art Center and is a member of the National Committee of the Performing Arts for the Kennedy Center. Settling into a humble Harlem tenement as an infant with his parents from the tiny Greek island of Nisyros, Catsimatidis, 67, through decades of hard work and innovation, is a self-made billionaire. He was one of the early venture capitalists. John and Mary Pappajohn Sculpture Park. 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. Open daily, dawn to dusk. Hampton Inn West Des Moines Lake Drive (3-star hotel) Address: 7060 Lake Dr, West Des Moines, IA 50266Phone: (515) 223-4700Ratings: 4.5 (846 reviews) Excellent Eco-certifiedWebsite : Hampton Inn West 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. February 11 - May 7, 2023. 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. With all his getting, he's clearly gotten understanding. When his businesses get in trouble, Pappajohn doesn't bail out. The existence of a plan empowered Peter and Margaret to manage through the construction unknowns and move across the street. He remained very high on the list, as a result of his $2.5 billion estimated worth, slightly up from last years $2.4. John has made over 33 trades of the Cancer Genetics stock since 2014, according to the Form 4 filled with the SEC. 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. . At a personal fortune estimated at $3.4 billion, John Catsimatidis remains very close to the top this year, and continues to be in the public eye, particularly as he considers another possible campaign for public office. In 1970 he acquired a printing company in Scranton, Penn. The estimated net worth of John Pappajohn is at least $763,753.14 dollars as of 10/09/2022. Headquartered in Los Angeles, CA, the company has offices in New York, Boston, London, and Singapore. 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. 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. 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). He served five years in active duty in the US Air Force, flying the B-52 bomber and in Vietnam as a forward air controller. After the war, the elder Capellas met and married his wife, Juliet, in Italy. His sons, Evan, 35 and Daren, 32, are and have been an integral part of the turnaround of the acquired companies. 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. In December, 2016, then-President-elect Trump announced that Liveris would head the American Manufacturing Council in his Administration, part of his economic message to buy American and hire American. The Council is the principal private sector advisory committee to the Secretary of Commerce on the manufacturing in the United States. Mr. Pappajohn has been involved in over 100 start-up companies and has served as a director of over 40 public companies, many in the bioscience and health-related industries. $0.00. He graduated with a BSC degree in business from the University of Iowa in 1952. He also founded Pappajohn Capital Resources (a venture capital fund primarily investing in high tech, medical, and healthcare projects) in that same year. 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. From 2007 to 2010, he was the Chairman and CEO of First Data Corporation (FDC), the worlds leading payment processing company. The John and Mary Pappajohn Sculpture Park features artwork by more than two dozen of the world's most celebrated artists. KPS acquires non-core, underperforming or distress underperforming manufacturing and industrial companies and makes the business better by implementing operations-driven turnaround strategies. Mr. Pappajohn has also been a recipient of the Woodrow Wilson Award, Ellis Island . Despite those difficulties, the business has flourished. Core's chief executive, George Carpenter, called Pappajohn in distress, confessing that he had no money for his payroll. The Pappajohn Center is a resource for student initiatives, new small business owners, tech start-ups, and corporate spin-offs alike. vestment in Caremark. University of Iowa University of Minnesota MARY PAPPAJOHN OBITUARY PAPPAJOHN--Mary. Follow. John and his mother immigrated to Iowa when he was 9 months old to join his father, who was a U.S. citizen. 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 founded Kynikos Associates (in Greek, kynikos means cynic) in 1985 after a Wall Street career as a financial analyst with Paine Webber, Gilford Securities and Deutsche Bank. In addition to leading the company, he held various positions in research, marketing, and general management. 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. That was my net worth. The Iowa Innovation Associates (IIA) summer internship program, hosted by the University of Iowa John Pappajohn Entrepreneurial Center (Iowa JPEC), provides 'real-world' experience to qualifying Iowa JPEC undergraduate students pursuing a degree or certificate in entrepreneurial studies. After a long and distinguished career at the Dow Chemical Company, where among other capacities he served as Chairman and CEO, William S. Stavropoulos, 77, moved into a different direction: he is president and founder of minor league baseball team the Great Lakes Loons. In 1969, Mr. Pappajohn is the chairman of our Board and is a pioneer in the venture capital industry. All rights reserved. Two decades of lawsuits followed, Mike and his family on one side and Georges heirs on the other. 0 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. 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. After earning a bachelors degree at Michigan State University, he joined his brother Alec (also featured in this edition) in buying out companies. His biggest coup involved Quantum Health Resources, a home health care company that he helped found in 1988. Forbes, September 8, 1997 Once a state of small businesses, many did not survive the farm crisis and the economy was struggling as a result. In addition, he makes $0 as Non-Executive Chairman of the Board at Cancer Genetics. That year, the Haseoteses emigrated from Greeces Macedonia and Epirus regions to the United States, purchasing a one-cow dairy farm in Cumberland, RI for $84. Metropoulos is very well known in the private equity, investment banking, and financial community, having spent nearly three decades acquiring, restructuring and growing nearly 80 different businesses involving approximately $14 billion in capital in the United States, Mexico and Europe. Peter J. Barris is a venture capitalist known for helping to launch companies including Groupon, CareerBuilder and Diapers.com. It invests in food vending, grocery distribution, video/arcade entertainment, restaurants, and media outlets. Although he continued to work during his treatment, he had cut back on his schedule. It is mandatory to procure user consent prior to running these cookies on your website. Among them are American Electric Power Inc., Bayer AG, BP, Bechtel Corp., General Electric Co., Boeing Co., Excelon, ExxonMobil, Shell, and Valero Energy Co.Vahaviolos, who was born in the Peloponnese, as a child ripped apart electrical machinery and rebuilt it for fun as well as for better safety in the newly electrified village. 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. Chanos is a second generation Greek-American who grew up in Milwaukee, WI. and expanded it via the printing and binding of TV Guide among other nationally known magazines. John is a resident of 24 Foster Drv, Des Moines, IA 50312-2563. 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. George M. Logothetis is the founding chairman and CEO of Libra Group. Clean. Born in Greece, Bidzos he came to the United States as a boy. ", One reason his executives admire him is that he lets them run the business but is always ready to offer advice if asked. These are some of the names: The John and Mary Pappajohn Charitable Foundation and Evia LTD. A Pappajohn, Ann M Pappajohn, and three other persons spent some time in this place. Sclavos led the company through a decade of robust growth and technological innovation. . At age 16, after his father's death, he began managing his family's grocery store in Mason City, Iowa. Before assuming broader responsibilities of business leadership, Vagelos had won scientific recognition as an authority on lipids and enzymes, and as a research leader. 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. His four sons followed his lead with endeavors including opening Pappas Bar-B-Q. Dean Metropoulos, is Chairman and CEO of Metropoulos & Company, a boutique buyout and management firm. Spanos handed control of the company to his sons in 2003: Dean serves as Chairman and CEO and Michael serves as President. Ambassador to Hungary in 2010. His daughter, Eleni Tsakopoulos Kounalakis, was appointed U.S. His training began in Greece at the National Polytechnic Institute in Athens. From their youth, both cousins (Georges son Arthur S. Demoulas and Mikes son Arthur T. Demoulas) followed their fathers in the family business. Most recently he bought 200,000 units of CGIX stock worth $250,000 on 23 May 2019. . %PDF-1.6 % 324 0 obj <> endobj John Pappajohn is 90, he's been the Non-Executive Chairman of the Board of Cancer Genetics since 2014. 319-335-0862 tippie-business@uiowa.edu. 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. mark womack sec; korg n364 vst; . Today, he is on lists of the worlds billionaires, and one of Americas richest living veterans. First place will be awarded $40,000, second place $25,000, and third place $15,000. The Pappajohn Sculpture Park is now open to the public on 4.4 acres in downtown Des Moines Western Gateway Park. 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