Anthony Petrello Funds Children’s Neurological Research

One might expect one of America’s most highly paid oil executives to flout his earnings with flashy cars and clothes, but Nabors Industries’ CEO Anthony Petrello spends much of his $15 million annual salary on his youngest daughter. Although he is a doting dad, he’s not spoiling 8 year old Carena. He’s merely providing for her the best quality of life possible.

Carena Petrello arrived at 24 weeks weighing a mere 20 ounces. Doctors fought to save her life, then to salvage her sight and heart. Diagnosed with periventricular leukomalacia (PVL), a condition common among preemies caused by a lack of blood flow or oxygen to the brain, she also developed cerebral palsy. Confined to a wheelchair, Carena fights to achieve small developments considered normal in a child’s growth. Although she did speak as a toddler, she lost the ability at age five. Last September, she mastered chewing and swallowing solid food. Now, her parents proudly watch her eat breakfast on her own each morning and more information click here.

Anthony Petrello’s first reaction was to problem solve. He may head the largest land-based drilling company in the world, but he earned his bachelor’s and master’s degrees from Yale in mathematics, followed by a Harvard law degree. Yet when he searched for help for his youngest child, the world’s leading experts met him with little hope. One told him to find a good estate planner. Frustrated to discovery little neurological research for infants and children, he and wife Cynthia, a retired actress, funded the research at the nearby Texas Children’s Hospital. They actively fundraise for TCH. The couple committed to a $7 million gift of their own. They’ve donated $5 million of that to date to help Carena and children like her reach their full potential and learn more about Anthony.

While mom and dad fundraise to help with research, Carena has set her own goals. With mealtimes mastered, the young lady described as pure of heart, strong, and determined wants to re-learn to talk. She is also determined to walk someday and Anthony’s lacrosse camp.

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