One of his latest is NetGenics, a bioinformatics startup. 1300 Grand Ave Des Moines IA 50309 (515) 277-4405. 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. 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 Pappajohn is known worldwide as an entrepreneur and venture capitalist. 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. . 62 = Capitol Street Ramp. 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. Pappajohn Sculpture Park. Pappajohn took over the store, often working from 6a.m. If the offering goes smoothly, Pappajohn's initial $125,000 stake will be worth $15 million, a 120-fold return in 18 months. After graduation from Mason City high school and the University of Iowa, John Pappajohn started his own insurance business. 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. The existence of a plan empowered Peter and Margaret to manage through the construction unknowns and move across the street. ", One reason his executives admire him is that he lets them run the business but is always ready to offer advice if asked. He grew up in Mason City, Iowa. Over $3.5 million in scholarships have been granted. Mr. John Pappajohn is one of today's most successful leaders in investing, entrepreneurship, and philanthropy. He was chairman, president, & chief executive officer of Verisign for 12 years before he resigned in May 2007, leading that company through many acquisitions. The application period for the 2023 Pappajohn Iowa Entrepreneurial Venture Competition will open in early 2023. 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. James S. Jim Davis, the Chairman of New Balance (NB), tops thelist again this year. Jamie Dimon is chairman and CEO of Americas largest bank JPMorgan Chase, and considered one of the nations most powerful people. . 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. 66 Followers. You also have the option to opt-out of these cookies. His John Paul Mitchell Systems hair products and Patron Spirits, both still privately held, are each worth more than a billion dollars. John has made over 33 trades of the Cancer Genetics stock since 2014, according to the Form 4 filled with the SEC. The NIACC Pappajohn Entrepreneur Gala celebrates the entrepreneurs and partners who make our communities a great place to work and live. Of all his philanthropic endeavors, the most dear to Behrakis is the anti-smoking campaign in Greece he helped to fund. 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. John Pappajohn's largest sale order was 50,000 units , worth over $184.13K on May 27, 2011. During his career, Pappajohn has launched over 100 companies and been involved in 50 IPOs. In 1969, he sold his interest and became a venture capitalist. He joined Verisign in July 1995 as one of its first employees. Core, a company that helps employers reduce their disability costs, hit a wall in 1994 when an accounting glitch delayed its acquisition of another firm. 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. Pappajohn, who prides himself on his instincts about companies, was justified in his faith. 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 speculations catapulted him into billionaire status last year, where he has remained. In 2008, Marcus co-founded the National Hellenic Society. Drummers John Bonham of Led Zeppelin and Alex Van Halen of Van Halen are two of his biggest influences. 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. 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. The iconic face of millennial sitcoms and one of the best-known personalities in Hollywood, Jennifer Aniston, lived in Crete and Athens during part of her childhood as Jennifer Anastassakis. Explore Exhibition. In 1969, Mr. Pappajohn is the chairman of our Board and is a pioneer in the venture capital industry. He established an insurance agency after graduation from college and subsequently organized and became Chairman of the Board of Guardsman Insurance Investors, a public insurance holding company that owned Guardsman Life. These cookies will be stored in your browser only with your consent. In 2007, they donated $30 million in sculptures to the Des Moines Art Center to create a new public art space. The company is now the eighth largest convenience store supplier in the nation. Or see us during office hours. Born in Greece, Bidzos he came to the United States as a boy. John Paul DeJoria is a member of "The Giving Pledge," a charity led by Warren Buffet and Bill and Melinda Gates. 92 = Tower Place Ramp. Jim Levitas, his former boss, partnered with Chanos to launch Kynikos Associates with $16 million. He and his brother John founded Thermo Electron in 1956 (with a $50,000 loan from a Greek shipowner). 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. 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. President of Equity Dynamics and Pappajohn Capital Resources, he is also sole proprietor. 0 His father worked as a barber, and his mother managed a restaurant. From 2007 to 2010, he was the Chairman and CEO of First Data Corporation (FDC), the worlds leading payment processing company. With wealth and advancing age, John Pappajohn has lost none of his zeal for creating businesses and making money. 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. 72 = Dubuque Street Ramp. The John and Mary Pappajohn Sculpture Park features artwork by more than two dozen of the world's most celebrated artists. The Pappajohn Business Building is named after John Pappajohn, a Des Moines venture capitalist and UI alumnus. The $1 million check went toward the creation of the John Pappajohn Entrepreneurial Center, one of five he funded in 1996. 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. The son of Greek immigrants, Michael Jaharis was born in Chicago, IL. 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. Peterson released his newest book Steering Clear: How to Avoid a Debt Crisis and Secure Our Economic Future (Portfolio/Random House) in 2015, in which he contends that we must address our long-term fiscal challenges in order to secure a growing and prosperous economy. RedChip's Blog. 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. KPS acquires non-core, underperforming or distress underperforming manufacturing and industrial companies and makes the business better by implementing operations-driven turnaround strategies. He founded Chambers Development Inc. in 1971, a firm that provided waste treatment services, developed commercial recycling programs, and broke ground with specially lined, layered landfills to protect groundwater supplies. 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. 2022 Pappajohn Gala The Pappajohn Entrepreneur Gala celebrates the entrepreneurs who make our communities a great place to work and live. 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. John Pappajohn is 90, he's been the Non-Executive Chairman of the Board of Cancer Genetics since 2014. logix, a company Pappa- john started with Derace Schaffer that the latter says went from a con- cept to a $12-per-share public offering in 22 months. 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. Website. The estimated net worth of John Pappajohn is at least $763,753.14 dollars as of 10/09/2022. 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. The following year, he was named Fortunes 2012 Businessperson of the year for reviving Verisigns income, growth, and stock performance, which previously had flagged. He continued to hold both positions until 1984, when he was elected executive vice president. hb```, ea8 10L?T`~CVtf@RcrFA\-pq#=ODA!@ biH(?J-4Y8;VO8YmGRtWy@" 7@ ` 8 Nicholas Galakatoshas been Managing Director of Clarus Ventures since companys beginnings in 2005. 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. 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. Spanos handed control of the company to his sons in 2003: Dean serves as Chairman and CEO and Michael serves as President. John has made over 33 trades of the Cancer Genetics stock since 2014, according to the Form 4 filled with the SEC. John G. Rangos made his fortune through the transportation, disposal and management of industrial wastes, as well as security services. He is renowned for predicting and profiting from the 2001 Enron Corporation scandal. John's mailing address filed with the SEC is 201 ROUTE 17 NORTH, 2ND FLOOR, C/O CANCER GENETICS, INC., RUTHERFORD, NJ, 07070. His career, featured in Forbes, showed how his scientific ability and humility combined to help him develop drugs for patients with illnesses from asthma to cancer and made the company a force to be reckoned with in its field. From there it's a classic immigrant-boy-makes-good story. The son of Greek immigrants, Peterson grew up in Nebraska. The Orioles worth has jumped 60% in two years, to close to $1 billion. The brothers each signed a will naming the other as executor of his estate, and reportedly agreed to divide the business equally between their two families in the event of one of their deaths. 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. The family didn't have a telephone and shared a car. The estimated Net Worth of John Pappajohn is at least $5.04 Million dollars as of 23 May 2019. Her parents divorced when she was 9, and she was raised by her mother, Nancy Dow. John and Mary Pappajohn established a scholarship fund for ethnic, disadvantaged, and minority students and have granted more than $5 million in scholarships. MMCs featured company, Marcus & Millichap Real Estate Investment Services, has established itself as a leading real estate firm with more than 1,200 brokers in markets throughout the United States. Mr. Pappajohn lives in Des Moines, Iowa with his wife, Mary. Core's chief executive, George Carpenter, called Pappajohn in distress, confessing that he had no money for his payroll. Chanos is a second generation Greek-American who grew up in Milwaukee, WI. John and his mother immigrated to Iowa when he was 9 months old to join his father, who was a U.S. citizen. Despite those difficulties, the business has flourished. 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. John Paul DeJoriais a member of The Giving Pledge, a charity led by Warren Buffet and Bill and Melinda Gates. 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. Born to an Italian immigrant father and a Greek immigrant mother who divorced by the time he was 2, DeJoria has known poverty repeatedly: first during his childhood being raised by a single mother in Los Angeles, CA, and two periods of homelessness as an adult. Cumberland Farms expanded across state lines and eventually grew to become the largest dairy farm operation in Massachusetts. Encouraged by his father, a first-generation Greek immigrant who complained how little the university life paid, Yancopoulos in 1988 jumped ship to a small Tarrytown, NY Biotech firm called Regeneron and helped its worth rocket 2,240 percent in the past five years. Arete, where he is Managing Partner, functions as an operating partner of the New York based equity firm Catalyst Investors. Within months the Dallas-based company boasted annualized revenues of $ 150 million. Hes also working on a big project to sequence patients DNA and Deutsche Bank estimates that his experimental drug for allergic conditions could generate $10 billion in annual sales by 2025. He currently serves on the boards of the following public companies: American CareSource Holdings, Inc., since 2004, and CNS Response, since 2009. NetGenics just celebrated its first birthday and already has contracts with major pharmaceutical companies. $0.00. In 1969, Mr. Pappajohn founded Equity Dynamics, Inc., a financial consulting entity, and Pappajohn Capital Resources, a venture capital firm, both in Des Moines, Iowa. 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). In 2003 Northeastern University and Medical Center in Boston opened the Behrakis Health Science Building and also created the Center for Drug Discovery. "If you could save money for patients and health care providers," Pappajohn reasoned, "Wall Street would love it.". Today it has dozens of offices throughout North America and Europe and over a thousand employees providing strong local operations. Varvatos entered the design industry at 17, in 1983, joining Polo Ralph Lauren, and in 1990 moved over to Calvin Klein (CK), where he was in charge of menswear design and pioneered the concept of boxer briefs, which are mens underpants that are a hybrid between boxers and briefs. 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. endstream endobj 325 0 obj <. John Pappajohn immigrated to Iowa from Greece as an infant. He has been managing general partner of leading venture capital investor New Enterprise Associates, Inc. (NEA) since 1999, having joined the company in 1992. John Pappajohn immigrated from Greece at the age of 9 months. Skip to main content The University of Iowa. John Pappajohn (BSC52) wanted to change that. Tuesday, February 21, 2023 Written by Darren Miller University of Iowa JPEC Image Gallery Fifteen students shared $5,000 in prize money at the Spring IdeaStorm competition Feb. 15 in the Pappajohn Business Building. The family name was shortened when his father arrived on Ellis Island. 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. Peter G. Angelos, is an attorney and is best known for being owner, chairman and CEO of Major League Baseballs Baltimore Orioles. The UI's John Pappajohn Entrepreneurial Center was established in 1996 and has fostered thousands of new entrepreneurs. "I don't have to account to anybody. A pioneer of the Internet and new media, Leonsis participated in launches of the Apple MacIntosh, the IBM PC and the Wang office automation. 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). His daughter, Eleni Tsakopoulos Kounalakis, was appointed U.S. "He literally saved the company," says Carpenter. The family then immigrated to Ohio, where Capellas father worked his way up from laborer to superintendent at the Republic Steel Corporation. He was on the board of directors of VCE, the Virtual Computing Environment Company, from January 2006 to November 2012, serving one year as chairman and CEO. That company, today known as Kappa Graphics, LP. 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. As of 23 May 2019 he still owns at least 1,117,925 units of Cancer Genetics stock. After being diagnosed with pancreatic cancer 20 months earlier, he continued living. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This website uses cookies to improve your experience while you navigate through the website. A series of strategic steps by the younger generation allowed them to extend into new areas at a time when many shipping companies were strained. Admin Login. He recently set up a scholarship fund for disadvantaged kids, and he's given millions to the University of Iowa, which has named its business school building after him. The Pappajohn Entrepreneur Gala was held Tuesday, October 11th, 2022 with a reception, dinner, program, and awards honoring entrepreneurs. NetGenics' cofounder and chairman is Walter Gilbert, a Nobel Prize-wining scientist who co-founded-founded Biogen. A son of Greek immigrants, Payiavlas traces his companys beginning to purchasing a few vending machines for the familys Village Caf in his hometown of Warren, OH. They have provided close to $750,000 in awards in Iowa for students and entrepreneurs participating in the annual Pappajohn Entrepreneurial Venture Competitions. John organized Equity Dynamics Inc. in 1969, and continues as its president today. Success unshared is failure, he told CNBC. John and Mary Pappajohn Sculpture Park. and expanded it via the printing and binding of TV Guide among other nationally known magazines. He was one of the early venture capitalists. "The more I make, the more I get to give back. He still works seven days a week and has a stream of new ventures in the pipeline. Quantum provided hemophiliacs with medication and taught them to inject themselves intravenously at home. The most active insiders traders include John Pappajohn, Tommy G Thompson, and John A Roberts. 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. His father died when he was 16 years of age, and Pappajohn worked to pay his way through college. Today the privately owned Pappas Restaurants, Inc. operates 85 restaurants in eight states, is one of the best-loved restaurant chains in Texas. On average, Cancer Genetics executives and independent directors trade stock every 35 days with the average trade being worth of $340,207. 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). The Pappajohn Sculpture Garden in Des Moines' Western Gateway was completed in September 2009 and valued at approximately $40 million. John Georges is an entrepreneur in multiple industries, an avowed philanthropist, and a strong supporter of Hellenic causes. With all his getting, he's clearly gotten understanding. John and Mary Pappajohn Sculpture Park 1330 Grand Ave. Des Moines, Iowa | Map It Capital Country Visit Our Website Email Us 515.277.4405 Open to visitors since September 2009, the John and Mary Pappajohn Sculpture Park features 31 sculptures by 25 of the world's most celebrated artists. Pappajohn immigrated from Greece at the age of 9 months old to join his father, who prides himself his... ( BSC52 ) wanted to change that grew up in Milwaukee, WI, considered... 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