After seven years, he cashed out. 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. John and Mary Pappajohn established a scholarship fund for ethnic, disadvantaged, and minority students and have granted more than $5 million in scholarships. And Schaffer got an equal stake. "The more I make, the more I get to give back. 319-335-0862 tippie-business@uiowa.edu. Search. In 1971, George, then 51, died unexpectedly while vacationing in Greece with his family. John Pappajohn is an entrepreneur, a philanthropist, and at 88 years old, still a self-proclaimed workaholic. He joined the worldwide health products firm in 1975 as senior vice president of research, and became president of its research division in 1976. 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). He continued to hold both positions until 1984, when he was elected executive vice president. It invests in food vending, grocery distribution, video/arcade entertainment, restaurants, and media outlets. In 2002, Spanos published his autobiography, Sharing the Wealth: My Story. He started his first business, an insurance agency, 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. The conglomerate consists of 30 subsidiaries with companies operating across 35 countries. He is also on the board of the University of Iowa Foundation. 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 9 . The estimated net worth of John Pappajohn is at least $763,753.14 dollars as of 10/09/2022. Explore Exhibition. A pioneer of the Internet and new media, Leonsis participated in launches of the Apple MacIntosh, the IBM PC and the Wang office automation. Born in Laconia, Greece, Sakellaris founded Ameresco in 2000 and took it public 10 years later. John and Mary Pappajohn have gifted over $100 million to various philanthropic causes, including at the University of Iowa, to support the John Pappajohn Business Building, the Pappajohn Pavilion, the John and Mary Pappajohn Cancer Center, and the John and Mary Pappajohn Biomedical Research Building. 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. cookies cookies. After his father lost his restaurant business in the Wall Street crash of 1929, Karabots held his first job at age 9, in 1942, as a shoeshine boy in Manhattans Union Square. Pappajohn Sculpture Park. His father died when he was 16 years oldand it changed his world. 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. The existence of a plan empowered Peter and Margaret to manage through the construction unknowns and move across the street. After being diagnosed with pancreatic cancer 20 months earlier, he continued living. The family then immigrated to Ohio, where Capellas father worked his way up from laborer to superintendent at the Republic Steel Corporation. The newspaper The National Herald issued the annual list of 50 Wealthiest Greek- Americans. Pappas Restaurants grew from the work of their father, Jim, and his brothers at Pappas Refrigeration, which they opened in 1945. He and his wife committed $4 million to help finance the John and Mary Pappajohn Higher Education Center, a collaborative of seven universities and colleges in the state of Iowa. Since this time, Mr. Pappajohn has been involved in over 100 start ups, over 50 IPOs and has served as a Director in over 40 public companies. 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 addition, he makes $0 as Non-Executive Chairman of the Board at Cancer Genetics. He is the first Iowan to receive the National Philanthropist of the Year for the Arts. That could well be Pappajohn's slogan, because in whatever he does, one of his first questions is: How will this play on Wall Street? 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. Their idea: to create America's largest low-cost provider of radiology services, such as X-rays and mammography. Spanos handed control of the company to his sons in 2003: Dean serves as Chairman and CEO and Michael serves as President. 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. He went to Baltimore at age 11, where his family settled in the Highlandtown section. He did not interview for a job. 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. With roots in Kastellorizo, Greece, Liveris was born in Darwin, Australia. Since 2006, the Pappajohn Iowa Entrepreneurial Venture Competition has invested $1 million in Iowa startup companies ($800,000 from John Pappajohn and $200,000 from the Iowa Economic Development Authority). But Argyros, made his fortune in grocery stores and real estate. In 2007, they donated $30 million in sculptures to the Des Moines Art Center to create a new public art space. 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. The estimated Net Worth of John Pappajohn is at least 5.04 $ dollars as of 23 May 2019. He sold Pabst Brewing for an estimated $750 million in September 2014, nearly tripling his 2010 investment. Core's chief executive, George Carpenter, called Pappajohn in distress, confessing that he had no money for his payroll. President of Equity Dynamics and Pappajohn Capital Resources, he is also sole proprietor. Jamie Dimon is chairman and CEO of Americas largest bank JPMorgan Chase, and considered one of the nations most powerful people. The current estimated net worth of Cancer Genetics, Inc's Director, John Pappajohn, is estimated to be about $10.84M . NetGenics' cofounder and chairman is Walter Gilbert, a Nobel Prize-wining scientist who co-founded-founded Biogen. Nicholas Galakatoshas been Managing Director of Clarus Ventures since companys beginnings in 2005. Angelos was born in Pittsburgh, PA on July 4, 1929, to immigrants from the island of Karpathos. Since then, he has had a long and distinguished career in healthcare, and particularly in pharmaceuticals. He formed Monumental Sports in June 2010 by merging his Lincoln Holdings LLC and Washington Sports & Entertainment Limited Partnership. Verisign operates infrastructure services that enable and protect billions of interactions every day across the worlds voice, video and data networks. nordstrom hiring event 2022; the real jimmy loughnan; 8851 center dr la mesa, ca 91942; chamberlain graduation 2023; 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. 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. 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 Today, he is on lists of the worlds billionaires, and one of Americas richest living veterans. 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. 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. Two decades of lawsuits followed, Mike and his family on one side and Georges heirs on the other. 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. John Pappajohn owns about 4,781,204 units of Cancer Genetics, Inc common stock. After earning a bachelors degree at Michigan State University, he joined his brother Alec (also featured in this edition) in buying out companies. Over the past decade it added approximately 30 new stores and a new perishable/produce distribution center, and doubled sales. Galakatos was born in Athens and raised in Thessaloniki. ", One reason his executives admire him is that he lets them run the business but is always ready to offer advice if asked. Michael Kalogris cofounded Arete Capital Partners, a private investment company, in 2008. In early 2017, JDA Software named Capellas Chairman after Bal Dail stepped down from that position. After eight years selling life insurance, Pappajohn founded Guardsman Life, which he eventually took public. Most recently he bought 200,000 units of CGIX stock worth $250,000 on 23 May 2019. . Before assuming broader responsibilities of business leadership, Vagelos had won scientific recognition as an authority on lipids and enzymes, and as a research leader. John and Mary Pappajohn were awarded the Iowa State University Honorary Alumnus/Alumna Award in 2005, and John was awarded the John Hughes Award for Entrepreneurial Advocacy from the U.S. Association for Small Business and Entrepreneurship in 2009. Her parents divorced when she was 9, and she was raised by her mother, Nancy Dow. He has been on Time magazines list of 100 most influential people three times since 2006. His four sons followed his lead with endeavors including opening Pappas Bar-B-Q. It is mandatory to procure user consent prior to running these cookies on your website. Its brands include Fossil, Relic, Abacus, Michele Watch and Zodiac. Headquartered in Los Angeles, CA, the company has offices in New York, Boston, London, and Singapore. Both are located in Des Moines, IA. Pappajohn Sculpture Park 1330 Grand Avenue Des Moines, IA 50312 Get Directions. One reason Pappajohn isn't better known is that he maintains a modest scale of living. In 2008, Marcus co-founded the National Hellenic Society. 72 = Dubuque Street Ramp. The Pappajohn Sculpture Garden in Des Moines' Western Gateway was completed in September 2009 and valued at approximately $40 million. He built AOL into the first $1 billion interactive services company and the worlds biggest media company, helping to increase its membership from fewer than 800,000 to more than 8 million in a four-year span (1994-97). 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 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 car he drives is a 15-year-old Mercedes 380SL. 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. 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. John Pappajohn (BSC52) wanted to change that. When he set up shop as a venture capitalist in 1969, he had $100,000. While attending school, Mr. Tsakopoulos supported himself as a real estate salesman, foreshadowing his highly successful career in real estate development. 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. In 1969, he sold his interest and became a venture capitalist. Follow. Peter J. Barris is a venture capitalist known for helping to launch companies including Groupon, CareerBuilder and Diapers.com. 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. Skip to main content The University of Iowa. "He literally saved the company," says Carpenter. Many of these were subsequently taken public or sold to strategic acquirers. In June 2011, President Obama named him co-Chair of an Advanced Manufacturing Partnership, which aims to pool the efforts of industry, schools and the government for innovation in fields like information technology, biotechnology, and nanotechnology. Bidzos returned to the CEO job in 2011. . 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. . Founded in 1984, Fossil is a designer and manufacturer of the aforementioned merchandise, and also sunglasses and wallets. Born in Cyprus, Iordanou arrived in the United States and worked his way through college, New York University, earning a BS in aerospace engineering before entering the insurance industry in a trainee role at American International Group (AIG). It took him six years to graduate because he took turns with his brothers going to school. Whatever stage you're in, at the ISU Pappajohn Center for Entrepreneurship, we're here to help. Since 2008, the John and Mary Pappajohn Education Center in Des Moines has helped central Iowa students pursue UI degrees and certificates closer to home. 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. 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. Specials. 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. KPS Capital Partners, LP us is one of the worlds leading private equity franchises, with approximately $5.2 billion of assets under management. Forbes has included him on its Midas List of the worlds best venture capitalists and technology investors every year since 2007. As a successful entrepreneur and generous philanthropist, John Pappajohn has been recognized by many national organizations. He served as Chairman and CEO of pharmaceutical giant Merck & Co. from 1985 to 1994. Tsakopoulos and his family have established Hellenic Studies chairs at several major American universities across the country, Georgetown, Stanford and Columbia among them. He moved to Chicago to live with family, before eventually continuing west to the San Joaquin Valley in California. The son of Greek immigrants, Michael Jaharis was born in Chicago, IL. 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. 2023 John Pappajohn. Tickets can be purchased by visiting www.pappajohncenter.com/gala. Claim this business (515) 277-4405. 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. Dr. Pindaros Roy Vagelos earned a medical degree over half a century ago. After graduating from high school in Greece, Sakellaris arrived in Bangor, ME, as a college exchange student in 1965 to go to college. Then 51, died unexpectedly while vacationing in Greece with his family on one and! Nations most powerful people john pappajohn iowa net worth continued living Pappajohn Capital Resources, he is first... 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