In 1969, Mr. Pappajohn is the chairman of our Board and is a pioneer in the venture capital industry. Sclavos led the company through a decade of robust growth and technological innovation. He founded Kynikos Associates (in Greek, kynikos means cynic) in 1985 after a Wall Street career as a financial analyst with Paine Webber, Gilford Securities and Deutsche Bank. 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. Cumberland Farms expanded across state lines and eventually grew to become the largest dairy farm operation in Massachusetts. 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. Bidzos returned to the CEO job in 2011. Take the family further downtown to enjoy the hands-on fun at the Science Center of Iowa. John and Mary Pappajohn established a scholarship fund for ethnic, disadvantaged, and minority students and have granted more than $5 million in scholarships. In 2008, Marcus co-founded the National Hellenic Society. They have one daughter, Ann Vassiliou. 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. As of 23 May 2019 he still owns at least 1,117,925 units of Cancer Genetics stock. 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. John Pappajohn was born in Greece. 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. 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. A Promo Code. A second-generation American of Greek descent, he was born in Detroit, MI and raised in Pasadena, CA. Green. His parents, Konstantina Hrisomalis and Georgios Karabotsios, hailed from the Peloponnesian villages of Anavriti and Malendreni, respectively. Listed at a $1.1 billion net worth in 2015, Forbes knocked him out of the billionaires club early in 2016, estimating his net worth had fallen to just under $900 million due to a portfolio wane, and listed him at $700 million later in the year. He was one of the early venture capitalists. 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. In 1969, he sold his interest and became a venture capitalist. Today, his privately held Arnel & Affiliates owns and manages 5,500 apartments and 2 million square feet of commercial space. The company is now the eighth largest convenience store supplier in the nation. The Pappajohn Sculpture Garden in Des Moines' Western Gateway was completed in September 2009 and valued at approximately $40 million. %PDF-1.6 % Today, he is on lists of the worlds billionaires, and one of Americas richest living veterans. The partnership also operates Kettler Capitals Iceplex (the Washington Capitals training facility and front office headquarters) and the George Mason University Patriot Center. That company, today known as Kappa Graphics, LP. First place will be awarded $40,000, second place $25,000, and third place $15,000. A major diversified, multinational company, Tyco is a leading provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products. The Iowa Innovation Associates (IIA) summer internship program, hosted by the University of Iowa John Pappajohn Entrepreneurial Center (Iowa JPEC), provides 'real-world' experience to qualifying Iowa JPEC undergraduate students pursuing a degree or certificate in entrepreneurial studies. In July, he joined C. Dean Metropulos, also featured in this edition, to take the food snack giant Hostess public. He served with great distinction in the Army from 1951-54, including a stint on a combat signal team in the Far East. Mr. Pappajohn's philosophy of giving has helped set the pace for progress and learning in his native Iowa. After being diagnosed with pancreatic cancer 20 months earlier, he continued living. 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. He did not interview for a job. 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. Taking up four of Western Gateway Park's twenty-seven acres, the public sculpture installation was the work of venture capitalists John and Mary Pappajohn who donated over $40 million worth. Sustainable is the motto of the company that increases energy efficiency for federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. 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. In 2010, he published The Business of Happiness: 6 Secrets to Extraordinary Success in Life and Work. He grew up in Mason City, Iowa. The estimated Net Worth of John Pappajohn is at least 5.04 $ dollars as of 23 May 2019. After a highly publicized series of challenging confirmation hearings before the Senate last year, however, Tsunis withdrew his nomination in December 2014. 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. Its brands include Fossil, Relic, Abacus, Michele Watch and Zodiac. 2022 Pappajohn Gala The Pappajohn Entrepreneur Gala celebrates the entrepreneurs who make our communities a great place to work and live. Mr. Pappajohn has also been a recipient of the Woodrow Wilson Award, Ellis Island . George Sakellarisis Chairman of the Board, President, and CEO of Ameresco, which is one of the largest energy solutions companies in North America. The insurance business offered a good living, but you could not get rich selling such a competitive product. 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 also on the board of the University of Iowa Foundation. Nicholas Galakatoshas been Managing Director of Clarus Ventures since companys beginnings in 2005. 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. John Pappajohn Iowa Entrepreneurial Venture Competition Awards $100,000 in Cash Prizes Ames, Iowa - The sixteenth annual John Pappajohn Iowa Entrepreneurial Venture Competition awarded $100,000 in cash prizes to nine Iowa ventures Friday, August 12. Many of these were subsequently taken public or sold to strategic acquirers. The family then immigrated to Ohio, where Capellas father worked his way up from laborer to superintendent at the Republic Steel Corporation. Spanos handed control of the company to his sons in 2003: Dean serves as Chairman and CEO and Michael serves as President. He still works seven days a week and has a stream of new ventures in the pipeline. Postcards Current Exhibition . In April 1996 American Physician Partners was merely a concept dreamed up by John Pappajohn, a venture capitalist, and Dr. Derace Schaffer, a radiologist. Press Release; kontribusyon sa rebolusyong pilipino ni melchora aquino; tippie johnston photos Pappajohn took over the store, often working from 6a.m. 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. We know about three companies registered at this address. There also was Radio. John has made over 33 trades of the Cancer Genetics stock since 2014, according to the Form 4 filled with the SEC. He was then 41. In early 2017, JDA Software named Capellas Chairman after Bal Dail stepped down from that position. %%EOF But by the time he graduated in 1952, he had saved $2,000. Peterson devotes a great deal of his time to his foundation and other charitable activities. Once a state of small businesses, many did not survive the farm crisis and the economy was struggling as a result. RedChip's Blog. Pappajohn Student Entrepreneurial Venture Competition, Pappajohn Iowa Entrepreneurial Venture Competition, Sigma Nu Tau Entrepreneurship Honor Society, Entrepreneurship and Innovation Seminar Class. He has been on Time magazines list of 100 most influential people three times since 2006. Spanos, also founder of the real estate development company A.G. Spanos, is the son of Greek immigrants. 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. 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. The goal [] Argyros sold the Mariners in 1989, after trying to move them elsewhere, and had also pursued purchase of the San Diego Padres. The Pappajohn Scholarship Foundation has distributed over $4 million in grants to support ethnic, disadvantaged, and/or minority students over the past 10 years. The Jaharis Family Patriarch, Michael, passed away in early 2016 at age 87. The son of George and Mary Ann Psaros and grandson of four Greek immigrants, Psaros grew up in Weirton, WV, where the lifeblood of the town was the steel industry, specifically National Steel. In 1969, Mr. Pappajohn organized Equity Dynamics, Inc., a financial consulting entity and Pappajohn Capital Resources, a venture capital firm in Des Moines, Iowa. The 2022 John Pappajohn Iowa Entrepreneurial Venture Competition application portal is now open. 82 = Chauncey Swan Ramp (UI no longer sells permits at this location, contact Iowa City Parking for more information, 319-356-5151.) 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 . "John Pappajohn is my role model," says Antone Lazos, who founded a company with him in the 1980s. 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. His father worked as a barber, and his mother managed a restaurant. In August, 2016, he purchased Platinums stake and became sole owner. Meet Our People Isabella Grumbach, MD, PhD Internal Medicine Ted Abel, PhD Neuroscience and Pharmacology Renata Pereira Alambert, PhD Hampton Inn West Des Moines Lake Drive (3-star hotel) Address: 7060 Lake Dr, West Des Moines, IA 50266Phone: (515) 223-4700Ratings: 4.5 (846 reviews) Excellent Eco-certifiedWebsite : Hampton Inn West George Yancopoulosjoined Regeneron Laboratories in 1989 as its Founding Scientist and is currently President and Chief Scientific Officer. Clean. 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. 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. All rights reserved. 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. 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. Thermo Electron grew into an international company recognized as a global leader in environmental monitoring and analysis instruments, and a major producer of paper-recycling equipment, biomedical products, alternative-energy systems and other products and services related to environmental quality, health and safety. 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 $100,000 in seed funding consists of a $50,000 contribution from John Pappajohn and a $50,000 match from the Iowa Economic Development Authority (IEDA). Applications for the John Pappajohn Entrepreneurial Venture Competition will be accepted starting Monday, March 15th. 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. Why Did Billionaire Investor John Pappajohn Invest $12 Million In Cancer Genetics? He joined Verisign in July 1995 as one of its first employees. In addition, he makes $0 as Non-Executive Chairman of the Board at Cancer Genetics. 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. Previously, Mr. Pappajohn served on the boards of ConMed Healthcare Management, Inc. from 2005 until August 2012, PharmAthene, Inc., from 2007 until July 2011, Careguide, Inc., from 1995 until 2010, and SpectraScience, Inc., from 2007 until 2009. The John & Mary Pappajohn Scholarship Fund was created through a generous gift from John and Mary Pappajohn. He is the recipient of four Honorary Doctorate degrees. "That was it. The estimated Net Worth of John Pappajohn is at least $5.04 Milion dollars as of 23 May 2019. Today it has dozens of offices throughout North America and Europe and over a thousand employees providing strong local operations. 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