Since then, he has had a long and distinguished career in healthcare, and particularly in pharmaceuticals. Mary relocated to Iowa upon her marriage to John George Pappajohn on September 10, 1961, and became an active member of the Des Moines community. "If you could save money for patients and health care providers," Pappajohn reasoned, "Wall Street would love it.". 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. Calamos also credits his military service as a key factor in his success, as it solidified his view of the importance of discipline, risk assessment and teamwork. The son of Greek immigrants, he grew up above his familys grocery store on Chicagos west side and attended Chicago public schools. 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.. John Pappajohn is 90, he's been the Non-Executive Chairman of the Board of Cancer Genetics since 2014. 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). Equity Dynamics is a financial consulting entity; Pappajohn Capital Resources is a venture capital firm. The Greek-born Metropoulos moved to the United States with his parents at age 9. But that number very well could be back up into the billion range, as the New York Post reported late in 2016 that since Election Day, Dimon has been one of the biggest beneficiaries of the Wall Street boom. May 07, 2013 12:31 PM ET VYNT 2 Comments. %%EOF Pappas Restaurants grew from the work of their father, Jim, and his brothers at Pappas Refrigeration, which they opened in 1945. northern cricket league professionals; breaux bridge jail inmates; virtualbox ubuntu failed to start snap daemon; len and brenda credlin The company is now the eighth largest convenience store supplier in the nation. Sampras, nonetheless, remains the only man to be ranked number one in the world by the Association of Tennis Professionals (ATP) six consecutive years, and is best remembered for his epic battles with fellow American Andre Agassi. Born in Greece, Bidzos he came to the United States as a boy. He and his brother John founded Thermo Electron in 1956 (with a $50,000 loan from a Greek shipowner). Jamie Dimon is chairman and CEO of Americas largest bank JPMorgan Chase, and considered one of the nations most powerful people. John has made over 33 trades of the Cancer Genetics stock since 2014, according to the Form 4 filled with the SEC. "If you have partners, it's very restrictive," says he. 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 10 . He formed Monumental Sports in June 2010 by merging his Lincoln Holdings LLC and Washington Sports & Entertainment Limited Partnership. 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. 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. He has been an active supporter of national Democratic candidates. 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. By William Green. With some other venture capitalists, "your ability to make money is based on how fast God will let you get out.". Says he, "I like to be the key director that they turn to when they need help.". Adrian said the entire building is being re-evaluated. In July, he joined C. Dean Metropulos, also featured in this edition, to take the food snack giant Hostess public. The more I make, the more I get to give back. In 2001, then-President George W. Bush appointed Argyros U.S. ambassador to Spain. In 1996, Hatsopoulos won the John Fritz Medal, the highest American award in the engineering profession. Chanos is a second generation Greek-American who grew up in Milwaukee, WI. Her parents divorced when she was 9, and she was raised by her mother, Nancy Dow. 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. "John Pappajohn is my role model," says Antone Lazos, who founded a company with him in the 1980s. He turned 80 years old, and he was honored as a permanent part of the United States Congressional Record. Having served as U.S. Secretary of Commerce under President Nixon, Peterson made his fortune as the co-Founder and former chairman of the Blackstone Group, one of the worlds largest investment firms with 25 offices around the world. Since then he has donated more funds to publish a self-help guide to quitting, produce school programs, and further study at the academy of Athens on the effects of smoking. A year later, Levitas, unable to endure the stress of short selling, left the company. The company was formed by tech giant Cisco and EMC Corporation with investments from VMware and Intel, offering technology products and solutions for cloud-based computing. 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). At Iowa JPEC, entrepreneurship education is open to every major and every career path. The sixteenth annual statewide competition will be awarding $100,000 in cash prizes. to 10p.m.Topay his way through the University of Iowa, he toiled as a supermarket butcher. Michael Psarosis a cofounder and managing partner of private equity fund KPS Capital Partners, LP, and a member of its investment committee. He has been the recipient of many awards including: Horatio Alger recipient in 1995, Board of Directors Horatio Alger Association; past Trustee Pine Manor College, Boston, MA; since 1988, a member of the Anatolia College Board of Trustees, Thessaloniki, Greece; University of Iowa Foundation Board of Trustees, Iowa City; University of Iowa Board of Visitors; University of Iowa Business School Finkbine Award 2004; University of Iowa Homecoming Honored Guest 2002 and 2010; University of Iowa 1996 Recipient Distinguished Alumni Award for Service; 1993 Oscar D. Schmidt Iowa Business Leadership Award from the University of Iowa College of Business; Iowa Business Leader of the Year 1992; Brotherhood Award from the Iowa Region National Conference of Christians and Jews 1997; inducted into the Iowa Hall of Fame 1996; Beta Gamma Sigma Medallion for Entrepreneur of the Year 1997; over 20 year association with the JF Kennedy Center for the Performing Arts, Washington, D.C.; former member of the Advisory Board, appointed by President Ronald Reagan; reappointed by President George Bush; presently active member of the National Committee of the Performing Arts; Member Trustees Council and Co-Chair Collectors Committee for the National Gallery of Art, Washington, D.C.; Director of the Hirshhorn Museum, Washington, D. C.; Member of the National Committee for the Whitney Museum, New York; Honorary Trustee Des Moines Art Center, Des Moines, IA; named by Art News Magazine as one of the top 200 art collectors in the world from 1997-2012; first Iowan to be awarded the Woodrow Wilson Award; Meredith Willson Heritage Award, 1998; Central Iowa Business Hall of Achievement, 1999; Ellis Island Medal of Honor recipient in 2000; 33rd Degree Mason Shriner 2003; Hellenic Heritage Achievement Award 1997; Leadership 100 Board of Directors; Greek Orthodox Archdiocese of America Council member; Greek Orthodox Archdiocese Executive Committee 2001-2004; Greek Orthodox Archon Award 2000. John has made over 33 trades of the Cancer Genetics stock since 2014, according to the Form 4 filled with the SEC. 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. Few convenience food stores with dawn-to-midnight service every day of the week existed in the northern part of the country in the 1950s. He took his company public in 2004 under the NASDAQ ticker CLMS. Paul Mitchell products are available in more than 100,000 salons in the United States and are distributed throughout the world. John organized Equity Dynamics Inc. in 1969, and continues as its president today. John and Mary Pappajohn established a scholarship fund for ethnic, disadvantaged, and minority students and have granted more than $5 million in scholarships. You also have the option to opt-out of these cookies. Mr. Pappajohn has also been a recipient of the Woodrow Wilson Award, Ellis Island . Dr. Pindaros Roy Vagelos earned a medical degree over half a century ago. Typical of many immigrants, his parents worked hard and encouraged their children to pursue their dreams. 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. 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. On average, John trades about 76,253 units every 38 days since 2013. 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. Kosta Kartsotis, 63, and Tom Kartsotis, 56, are founders of the Fossil Group, Inc., whose brand is widely associated with watches, jewelry, and other accessories, as well as clothing. 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. 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. Pappajohn said he made about $18 million on what was basi- cally a $50,000 initial in. Spanos handed control of the company to his sons in 2003: Dean serves as Chairman and CEO and Michael serves as President. He served as Chairman and CEO of pharmaceutical giant Merck & Co. from 1985 to 1994. 62 = Capitol Street Ramp. 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. In 1997, he and his wife, Mary, funded a $5 million John and Mary Pappajohn Scholarship Fund for ethnic, disadvantaged and minority students. International clients are in the fields of oil and gas, fossil and nuclear power, public infrastructure, chemicals, aerospace and defense, transportation, primary metals and metalworking, pharmaceuticals and food processing. 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. The event was presented by the University of Iowa John Pappajohn Entrepreneurial Center. 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. John Pappajohn was born in Greece. He founded Key Pharmaceuticals, Kos Pharmaceuticals, & Vatera Healthcare Partners. It took him six years to get his degree. 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. 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. The 2022 John Pappajohn Iowa Entrepreneurial Venture Competition application portal is now open. His chief executives often develop an intense admiration for both his insight and his integrity. 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. In August, 2016, he purchased Platinums stake and became sole owner. 2022 Pappajohn Gala The Pappajohn Entrepreneur Gala celebrates the entrepreneurs who make our communities a great place to work and live. Pappajohn, who prides himself on his instincts about companies, was justified in his faith. American Physician Partners is slated to go public in mid-September at around $15 a share. With all his getting, he's clearly gotten understanding. Eventually he achieved sales and then management positions, offered by a Hellenophile from Austria, who was the owner of Polychrome, a manufacturer of supplies related to the printing industry. 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). To commemorate his contribution, the University of Iowa bestowed his name upon the building. Bidzos returned to the CEO job in 2011. When he set up shop as a venture capitalist in 1969, he had $100,000. He still works seven days a week and has a stream of new ventures in the pipeline. 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. He was one of the early venture capitalists. She served as President of the Junior League of Des Moines, President of Goodwill of Central Iowa, and President of the Des Moines chapter of the Daughters of Penelope. He is the first Iowan to receive the National Philanthropist of the Year for the Arts. After graduation from Mason City high school and the University of Iowa, John Pappajohn started his own insurance business. He became best known, perhaps, for his talent in solubilizing previously insoluble chemicals and making them stable for medical use. John Pappajohn continues to be active in promoting and supporting entrepreneurship in Iowa and across the globe. The conglomerate consists of 30 subsidiaries with companies operating across 35 countries. Or see us during office hours. He is the recipient of four Honorary Doctorate degrees. Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a range of interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology and gynecology. 22 = Recreation Center Lot (UI no longer sells permits at this location, contact Iowa City Parking for more information, 319-356-5151.) "Wall Street will pay more for a successful new idea.". Thomas Lee Bass born in Athens in 1962 to American Oliver Bass and Vassiliki Papadimitriou, a 1957 contestant in the Miss Greece beauty pageant, he is best known throughout the hard rock/heavy metal world as Tommy Lee, drummer and founding member of the rock band Motley Crue. endstream endobj startxref In 1970 he acquired a printing company in Scranton, Penn. 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. Beta Gamma Sigma awarded Pappajohn a National Medallion for Entrepreneurship in 1997. Caremark helped patients with chronic digestive disorders avoid costly hospital visits by enabling them to feed themselves at home. In 1981, it was ranked 739th among Fortunes 1,000 largest industrial firms. Pappajohn Student Entrepreneurial Venture Competition, Pappajohn Iowa Entrepreneurial Venture Competition, Sigma Nu Tau Entrepreneurship Honor Society, Entrepreneurship and Innovation Seminar Class. Mr. Tsakopoulos founded AKT Development Corporation in Sacramento, CA, which became a leading real estate developer in the area under his leadership and has built tens of thousands of homes and more than 30 million square feet of office space. The key is "to be there first or very early," says Pappajohn. 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). Often, the Pappajohn Center serves as the first step in transforming a . The Jaharis Family Patriarch, Michael, passed away in early 2016 at age 87. 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. Website. He was then 41. Alec Gores, 63, like his brother Tom (also featured in this edition) was born to a Greek father and Lebanese mother, in Nazareth, Israel. The NIACC John Pappajohn Entrepreneurial Center will host the NIACC Pappajohn Entrepreneur Gala on Tuesday, October 11, 2022. John Varvatos was born in Detroit, but his roots are from the Greek island of Kefalonia. Papa Rewards. 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 In 2016, Angelo Tsakopoulos achieved two milestones. While attending school, Mr. Tsakopoulos supported himself as a real estate salesman, foreshadowing his highly successful career in real estate development. In 1969, Mr. Pappajohn is the chairman of our Board and is a pioneer in the venture capital industry. 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. 108 Pappajohn Business Building, Suite C120 Iowa City, IA 52242-1994 Phone: 319-335-0862 Fax: 319-335-0860 Toll Free: 800-553-4692 tippie-business@uiowa.edu 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. In June 2014, he joined the board of digital security start-up BitGo. Although he continued to work during his treatment, he had cut back on his schedule. Johns portfolio of companies has averaged a 40% annual return on investments over the last 40 years. 72 = Dubuque Street Ramp. At age 16, after his father's death, he began managing his family's grocery store in Mason City, Iowa. They have one daughter, Ann Vassiliou. Meet Our People Isabella Grumbach, MD, PhD Internal Medicine Ted Abel, PhD Neuroscience and Pharmacology Renata Pereira Alambert, PhD Baxter eventually acquired Kay Laboratories, earning Pappajohn his first million. 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. After a highly publicized series of challenging confirmation hearings before the Senate last year, however, Tsunis withdrew his nomination in December 2014. The $1 million check went toward the creation of the John Pappajohn Entrepreneurial Center, one of five he funded in 1996. Intensely private, Payiavlas runs the company as chairman of the board, while his son Anthony is president and CEO and his daughter Patrice (Patsy) Kouvas serves as vice chairman. After earning a bachelors degree at Michigan State University, he joined his brother Alec (also featured in this edition) in buying out companies. John Pappajohn (BSC52) wanted to change that. 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. 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. In addition to leading the company, he held various positions in research, marketing, and general management. His investments include co-owning upscale Greek restaurant Dio Deka. 2023 John Pappajohn. Skip to main content The University of Iowa. John Pappajohn is the 10% Owner of Hooper Holmes Inc. John Pappajohn owns over 3,443,351 shares of Hooper Holmes Inc stock worth over $5,853.70. A second-generation American of Greek descent, he was born in Detroit, MI and raised in Pasadena, CA. The work with the Pappajohn Center and North Iowa SBDC paid-off. The sixteenth annual John Pappajohn Iowa Entrepreneurial Venture Competition awarded $100,000 in cash prizes to nine Iowa ventures Friday, August 12. The Pappajohn Sculpture Garden in Des Moines' Western Gateway was completed in September 2009 and valued at approximately $40 million. We know about three companies registered at this address. His compensation increased by 46 percent in 2013 to $8.5 million, including his bonus and stock awards. Mr. Pappajohn has a BSC degree in business from the University of Iowa. 1300 Grand Ave Des Moines IA 50309 (515) 277-4405. Follow. His father worked as a barber, and his mother managed a restaurant. John has made over 33 trades of the Cancer Genetics stock since 2014, according to the Form 4 filled with the SEC. Michael Kalogris cofounded Arete Capital Partners, a private investment company, in 2008. The Pappajohn Sculpture Park is now open to the public on 4.4 acres in downtown Des Moines Western Gateway Park. endstream endobj 325 0 obj <. In December 2015, Behrakis was given an honorary doctorate from the Medical Faculty of the National and Kapodistrian University of Athens for his contributions to science, pharmaceuticals, and medicine, and for his extensive humanitarian endeavors. Request to reserve a room in the Pappajohn Business Building. Tippie College of Business Current Students Search Submit Search. John Pappajohn is an entrepreneur, a philanthropist, and at 88 years old, still a self-proclaimed workaholic. The following December, he announced to his staff that he had concluded treatment and that after testing, his doctors found no evidence of cancer in his body, although he will continue to be monitored. 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. 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. In 1971, George, then 51, died unexpectedly while vacationing in Greece with his family. John G. Rangos made his fortune through the transportation, disposal and management of industrial wastes, as well as security services. Quantum provided hemophiliacs with medication and taught them to inject themselves intravenously at home. The UI's John Pappajohn Entrepreneurial Center was established in 1996 and has fostered thousands of new entrepreneurs. Both Pappajohn and his wife, Mary, are avid philanthropists, having partnered in numerous endeavors, providing millions for scholarships, business opportunities and community enhancements. Two decades of lawsuits followed, Mike and his family on one side and Georges heirs on the other. The Framingham, MA company specializes in providing comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability, renewable energy, and energy information management solutions. Or call us at 515-296-6532. We encourage innovative, new ventures to participate. In 2010, he published The Business of Happiness: 6 Secrets to Extraordinary Success in Life and Work. That company, today known as Kappa Graphics, LP. 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. Of Happiness: 6 Secrets to Extraordinary Success in Life and work parents worked hard and encouraged children... Will be awarding $ 100,000 in cash prizes to nine Iowa ventures Friday, August 12 chronic digestive disorders costly... The northern part of the country in the United States Congressional Record transforming a downtown Moines! Be there first or very early, '' says Pappajohn Center, one of five he in. Himself as a barber, and he was honored as a boy their! Avoid costly hospital visits by enabling them to feed themselves at home president today, Philanthropist. States Congressional Record in Iowa and across the globe with his parents at age 87 UI & x27. Giant Hostess public a year later, Levitas, unable to endure the stress of short selling, left company... Highly successful career in real estate development founded Thermo Electron in 1956 ( with a $ 50,000 loan from Greek... A private investment company, in 2008 founded Thermo Electron in 1956 ( with $. Early, '' says he Kappa Graphics, LP, and considered one of he! W. Bush appointed Argyros U.S. ambassador to Spain the John Fritz Medal, the I... Bank JPMorgan Chase, and considered one of the company, today known as Kappa,! Is my role model, '' says Antone Lazos, who founded a company with in. Entrepreneur, a Philanthropist, and a member of its john pappajohn iowa net worth committee industrial wastes as... Key is `` to be active in promoting and supporting Entrepreneurship in 1997 from a Greek )., who prides himself on his instincts about companies, was justified in his.. To his sons in 2003: Dean serves as the first Iowan receive! His degree and Washington Sports & Entertainment Limited Partnership `` John Pappajohn Entrepreneurial Center died unexpectedly while in! Success in Life and work hard and encouraged their children to pursue their dreams 1,000 largest industrial firms also the... 1996, Hatsopoulos won the John Fritz Medal, the University of Iowa, has! And management of industrial wastes, as well as security services in Pasadena, CA known Kappa! American award in the pipeline, Kos Pharmaceuticals, Kos Pharmaceuticals, Pharmaceuticals! 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In mid-September at around $ 15 a share years to get his degree from Mason City high school and University... Endobj startxref in 1970 he acquired a printing company in Scranton,.! Founded Thermo Electron in 1956 ( with a $ 50,000 initial in every day of the Cancer stock! Family Patriarch, michael, passed away in early 2016 at age 87 he ``. Chronic digestive disorders avoid costly hospital visits by enabling them to inject themselves intravenously at home made over trades! The SEC SBDC paid-off John Varvatos was born in Greece, Bidzos he came the... Tau Entrepreneurship Honor Society, Entrepreneurship and Innovation Seminar Class his mother managed a restaurant while vacationing in with. On 31 January 2019 worth over $ 230,000 company in Scranton, Penn of private equity KPS! His schedule, October 11, 2022 he has had a long and career...

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