Today, his privately held Arnel & Affiliates owns and manages 5,500 apartments and 2 million square feet of commercial space. Core's stock has tripled, to $9, in the past two years. Born in Greece, Mr. Tsakopoulos came to America at 15, sailing into New York City under the inspiring gaze of the Statue of Liberty. 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. In 2011, Gores and Platinum became owners of the National Basketball Associations Detroit Pistons. His compensation increased by 46 percent in 2013 to $8.5 million, including his bonus and stock awards. He needed something fresh, something different. ", In the past 27 years he has founded more than two dozen public companies. That's what I started my venture fund with," he said. "That was it. He is also a trustee at the Hirshhorn Museum Washington D.C. 2023 John Pappajohn. Green. The UI's John Pappajohn Entrepreneurial Center was established in 1996 and has fostered thousands of new entrepreneurs. To date, over 150,000 college students have taken part in the latter, which have sparked over 1,000 new businesses. 19.Kostas & Tom Kartsotis $1.02 BILLION. The Pappajohn Sculpture Park is now open to the public on 4.4 acres in downtown Des Moines Western Gateway Park. 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. endstream endobj startxref So what's he going to do with all that money? Necessary cookies are absolutely essential for the website to function properly. There was an irresistible entrepreneurial streak in this shopkeeper's son. vestment in Caremark. KPS Capital Partners, LP us is one of the worlds leading private equity franchises, with approximately $5.2 billion of assets under management. Though he spends much of his time in New York, he makes do there with a modest one-bedroom apartment. Despite those difficulties, the business has flourished. The Jaharis Family Patriarch, Michael, passed away in early 2016 at age 87. Mr. Pappajohn owns over 200,000 units of Cancer Genetics stock worth over 5,041,842$ and over the last 10 years he sold CGIX stock worth over 0$. The goal [] The following year, the Superette was tripled in size and became DeMoulas Super Market. He bought the Orioles in August 1993, leading a group of investors including prominent Marylanders, including novelist Tom Clancy, in purchasing the team for $173 million, a record price at the time. He is founder and director of the John G. Rangos Sr. Family Charitable Foundation, founder and former president of the Congressional Medal of Honor Foundation, and founder and chairman emeritus of International Orthodox Christian Charities. Gores famously lost over $17 million in a three-day backgammon series to fellow billionaire JP McManus in 2012, the Independent reported, and Gores promptly paid up like a gent.. 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. 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 $1 million check went toward the creation of the John Pappajohn Entrepreneurial Center, one of five he funded in 1996. John Paul DeJoriais a member of The Giving Pledge, a charity led by Warren Buffet and Bill and Melinda Gates. There also was Radio. Top links. The two partners launched a new business model nearly four decades years ago, based on matching each property with the largest pool of pre-qualified investors. 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. 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 company produces a digital wallet designed to tackle theft of bitcoin, a form of digital currency invented in 2009. Core's chief executive, George Carpenter, called Pappajohn in distress, confessing that he had no money for his payroll. He has led four businesses that have grown at record rates: he built Wang WP (the first word processor) from a $200 million to a $1 billion company with the largest female management team in the country. 20percentoff has been added to your order! Many of these were subsequently taken public or sold to strategic acquirers. Admin Login. Order Online. He wanted to own his own business. The Pappajohns have contributed to the Des Moines Art Center and the National Gallery of Art. Dimon was born in New York City. John Pappajohn continues to be active in promoting and supporting entrepreneurship in Iowa and across the globe. The Pappajohn Entrepreneur Gala was held Tuesday, October 11th, 2022 with a reception, dinner, program, and awards honoring entrepreneurs. %%EOF One of the most lucrative involved Caremark, America's first home health care company. He drafted a list of 101 goals to accomplish. Their idea: to create America's largest low-cost provider of radiology services, such as X-rays and mammography. Pappajohn took over the store, often working from 6a.m. by reenvisionag | Sep 2, 2022 | ReEnvisionAg News. Pappajohn invested his fund, raised more money privately, then helped arrange a public offering. Today George Logothetis is based in New York, while Constantine, who is Executive Vice Chairman of the group, is based in London. Her parents divorced when she was 9, and she was raised by her mother, Nancy Dow. Nicholas G. Karabots is the owner of Kappa Publishing Group, Inc. the nations largest publisher of puzzle magazines and books, as well as companies related to real estate and winemaking. In 2016, Angelo Tsakopoulos achieved two milestones. Pappajohn was Quantum's largest shareholder, buying 1.6 million shares of the company at 12 1/2 cents a share. 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. The professorship at MIT in his name perpetuates his lifes work, as holders of that seat develop new breakthroughs in long-distance Wi-Fi. Dr. Pindaros Roy Vagelos earned a medical degree over half a century ago. 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. In 2008, Marcus co-founded the National Hellenic Society. Peterson devotes a great deal of his time to his foundation and other charitable activities. During his career, Pappajohn has launched over 100 companies and been involved in 50 IPOs. Verisign operates infrastructure services that enable and protect billions of interactions every day across the worlds voice, video and data networks. 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. May 07, 2013 12:31 PM ET VYNT 2 Comments. 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. In 2007, they donated $30 million in sculptures to the Des Moines Art Center to create a new public art space. 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. 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. 2022 Pappajohn Gala The Pappajohn Entrepreneur Gala celebrates the entrepreneurs who make our communities a great place to work and live. Dr. Stavropoulos was a director at Tyco International Limited from 2007 to 2012. Encouraged by a close mentor to continue his education, Mr. Tsakopoulos studied political science and business at California State University, Sacramento. In 1981, it was ranked 739th among Fortunes 1,000 largest industrial firms. 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. hb```, ea8 10L?T`~CVtf@RcrFA\-pq#=ODA!@ biH(?J-4Y8;VO8YmGRtWy@" 7@ ` 8 His John Paul Mitchell Systems hair products and Patron Spirits, both still privately held, are each worth more than a billion dollars. The company has since grown, now featuring clothing and equipment for lacrosse and soccer. Take the family further downtown to enjoy the hands-on fun at the Science Center of Iowa. 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 turned 80 years old, and he was honored as a permanent part of the United States Congressional Record. 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. Cumberland Farms expanded across state lines and eventually grew to become the largest dairy farm operation in Massachusetts. 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. 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 company traces its roots to the 1970s when Calamos used convertible securities, which were little known at the time, to help his clients grow and preserve their wealth. Moving at bewildering speed, they hired a chief executive who had headed an eye-care firm, raised capital from private investors and began recruiting more than 200 radiologists. Georges Enterprises began as Imperial Trading in 1916, a wholesale grocery distribution company founded by Georges grandfather Gus Pelias. They have provided close to $750,000 in awards in Iowa for students and entrepreneurs participating in the annual Pappajohn Entrepreneurial Venture Competitions. He also founded Pappajohn Capital Resources (a venture capital fund primarily investing in high tech, medical, and healthcare projects) in that same year. john williams maritime net worth; andrea riseborough partner tom burke. In 1971, George, then 51, died unexpectedly while vacationing in Greece with his family. Founded in 1984, Fossil is a designer and manufacturer of the aforementioned merchandise, and also sunglasses and wallets. If the offering goes smoothly, Pappajohn's initial $125,000 stake will be worth $15 million, a 120-fold return in 18 months. The daughter of daytime soap opera star John Aniston (Days of Our Lives), she eclipsed her fathers television fame and success with her own role as Rachel Green on the eternally popular situation comedy, Friends (1994-2004). 82 = Chauncey Swan Ramp (UI no longer sells permits at this location, contact Iowa City Parking for more information, 319-356-5151.) John G. Pappajohn is Non-Executive Chairman of the Board of Cancer Genetics, Inc. He formed Monumental Sports in June 2010 by merging his Lincoln Holdings LLC and Washington Sports & Entertainment Limited Partnership. He has received no press outside his home state, but his investment acumen is the stuff of legend. While attending school, Mr. Tsakopoulos supported himself as a real estate salesman, foreshadowing his highly successful career in real estate development. John and his mother immigrated to Iowa when he was 9 months old to join his father, who was a U.S. citizen. 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. He is the recipient of four Honorary Doctorate degrees. hbbd``b`63S ` =@2k&L9H0J5P24Hdu;e@0uHd5#e6FO0 %u The Pappajohn Biomedical Institute (PBI) is a scientific community seeking to understand the fundamentals of biology and disease and to extend our discoveries into real-life applications that improve human health. His current ambition, says Pappajohn, "is to be the greatest philanthropist in the history of Iowa.". 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. His daughter, Eleni Tsakopoulos Kounalakis, was appointed U.S. George Sakellarisis Chairman of the Board, President, and CEO of Ameresco, which is one of the largest energy solutions companies in North America. 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. 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. 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. He remained very high on the list, as a result of his $2.5 billion estimated worth, slightly up from last years $2.4. 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 $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's a visionary with old-world values. Because if you can dream it, we can help you do it. John Pappajohn is 90, he's been the Non-Executive Chairman of the Board of Cancer Genetics since 2014. Quantum provided hemophiliacs with medication and taught them to inject themselves intravenously at home. Pappas Restaurants also has a food catering business. He currently serves on the boards of the following public companies: American CareSource Holdings, Inc., since 2004, and CNS Response, since 2009. Throughout his career as a venture capitalist, he has been an early investor in more than 100 companies, most of which are dedicated to healthcare and biotechnology industries. Bidzos served as its first CEO from 1995 to 2001. In 1956, the company opened a jug-milk store in Bellingham, MA. Events March 2, 2023 The existence of a plan empowered Peter and Margaret to manage through the construction unknowns and move across the street. But by the time he graduated in 1952, he had saved $2,000. Tickets can be purchased by visiting www.pappajohncenter.com/gala. The more I make, the more I get to give back. Success unshared is failure, he told CNBC. Today it has dozens of offices throughout North America and Europe and over a thousand employees providing strong local operations. Born in Greece, Bidzos he came to the United States as a boy. In a self-funded campaign for mayor of New York City in 2013, in which he finished a strong second in the Republican primary, Catsimatidis has hosted his own Sunday morning radio program on New York Citys AM 970 radio station, Cats Roundtable. John's mailing address filed with the SEC is 201 ROUTE 17 NORTH, 2ND FLOOR, C/O CANCER GENETICS, INC., RUTHERFORD, NJ, 07070. He founded AVI in 1960, and the company currently serves millions of consumers daily in some of the most prestigious institutions in America, including industrial centers, corporate headquarters complexes, universities, school systems and healthcare facilities throughout country. In 1970 he acquired a printing company in Scranton, Penn. John Pappajohn immigrated to Iowa from Greece as an infant. A year later, Levitas, unable to endure the stress of short selling, left the company. Forbes has included him on its Midas List of the worlds best venture capitalists and technology investors every year since 2007. Sclavos led the company through a decade of robust growth and technological innovation. Applications for the John Pappajohn Entrepreneurial Venture Competition will be accepted starting Monday, March 15th. 108 John Pappajohn Business Building Iowa City, IA 52242-1994. 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. 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 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. Tippie College of Business is home to the John Pappajohn Entrepreneurial Center (Iowa JPEC), a national leader in teaching entrepreneurship and innovation. From there it's a classic immigrant-boy-makes-good story. But opting out of some of these cookies may affect your browsing experience. John Pappajohn's largest purchase order was 100,000 units, worth over $149.81K on May 28, 2010. The John & Mary Pappajohn Scholarship Fund was created through a generous gift from John and Mary Pappajohn. American Physician Partners is slated to go public in mid-September at around $15 a share. That was my net worth. The most active insiders traders include John Pappajohn, Tommy G Thompson, and John A Roberts. All rights reserved. 22 = Recreation Center Lot (UI no longer sells permits at this location, contact Iowa City Parking for more information, 319-356-5151.) 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. Pappajohn Sculpture Park 1330 Grand Avenue Des Moines, IA 50312 Get Directions. The estimated Net Worth of John Pappajohn is at least $5.04 Million dollars as of 23 May 2019. Today, his firm A.G. Spanos is one of Americas largest housing developers, and is one of the largest family-owned construction and property management companies in the nation. By William Green. After graduating from high school in Greece, Sakellaris arrived in Bangor, ME, as a college exchange student in 1965 to go to college. There are no older and 7 younger executives at Cancer Genetics. The estimated Net Worth of John Pappajohn is at least $5.04 Milion dollars as of 23 May 2019. As of 23 May 2019 he still owns at least 1,117,925 units of Cancer Genetics stock. In 1995, he was named a Horatio Alger Award recipient, and he currently serves as a member of the Horatio Alger Association Board of Directors. In 1964, he launched, with a partner, Phota Inc., a company that manufactured photographic chemicals specific to the development of X-Ray film and assisted in the development and importation to the United States of Fuji film. 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. Infrastructure services that enable and protect billions of interactions every day across the globe thousands of new entrepreneurs breakthroughs long-distance! Is also a trustee at the science Center of Iowa. `` 1996 and has thousands. Tommy G Thompson, and she was 9 months old to join father! They donated $ 30 million in sculptures to the public on 4.4 acres in downtown Moines... Provided close to $ 750,000 in awards in Iowa and across the globe in 2016... % % EOF one of time magazines digital 50, and awards honoring entrepreneurs 2 million square of. Crns Computer Industry Hall of Fame 1996 and has fostered thousands of new.! 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