These centers have helped create and launch over 1,000 new companies. Ambassador to Hungary in 2010. 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. 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. Leaving other venture capitalists in the dust, he signed on with NetGenics within days. In 2011, Gores and Platinum became owners of the National Basketball Associations Detroit Pistons. %%EOF A Promo Code. 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. 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. 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. Skip to main content The University of Iowa. Nonetheless, the familys history and contributions is notable. John and Mary Pappajohn established a scholarship fund for ethnic, disadvantaged, and minority students and have granted more than $5 million in scholarships. Spanos handed control of the company to his sons in 2003: Dean serves as Chairman and CEO and Michael serves as President. In addition, Mr. Pappajohn serves on the the Collectors Committee and Trustees Council for the National Gallery of Art. He formed Monumental Sports in June 2010 by merging his Lincoln Holdings LLC and Washington Sports & Entertainment Limited Partnership. 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. His four sons followed his lead with endeavors including opening Pappas Bar-B-Q. Baxter eventually acquired Kay Laboratories, earning Pappajohn his first million. Pappajohn, who prides himself on his instincts about companies, was justified in his faith. Angelos was born in Pittsburgh, PA on July 4, 1929, to immigrants from the island of Karpathos. 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). Its brands include Fossil, Relic, Abacus, Michele Watch and Zodiac. All rights reserved. Adrian said the entire building is being re-evaluated. On average, John trades about 76,253 units every 38 days since 2013. Vagelos, whose parents were born in Asia Minor and emigrated to the US in the 1920s, earned his bachelors degree with honors in 1950 from the University of Pennsylvania. John Pappajohn continues to be active in promoting and supporting entrepreneurship in Iowa and across the globe. The family moved to Genesee, MI when he was a teenager. Her parents divorced when she was 9, and she was raised by her mother, Nancy Dow. Spanos, also founder of the real estate development company A.G. Spanos, is the son of Greek immigrants. 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. In July 2013, Metropoulos paid $410 million to buy Hostess Brands and return Twinkies to grocery shelves after the company had filed for bankruptcy protection and closed its doors. He began his career as a baker, but in 1951 used an $800 loan to purchase a panel truck and began selling sandwiches to farm workers. The [] He was then 41. All rights reserved. Founded in 2006 by Des Moines entrepreneur, venture capitalist, and philanthropist John Pappajohn, the Pappajohn Iowa Entrepreneurial Venture Awards provide financial support to Iowa entrepreneurs and mark the culmination of an annual venture competition among the five John Pappajohn Entrepreneurial Centers around the state, including at the UI . Tsakopoulos and his family have established Hellenic Studies chairs at several major American universities across the country, Georgetown, Stanford and Columbia among them. He did not interview for a job. This category only includes cookies that ensures basic functionalities and security features of the website. 371 0 obj <>stream He founded Capital Equity in 1995, which remains one of the largest private companies in the United States. Chartwell, under Tsunis leadership, practices the live well philosophy, which focuses on healthy eating and going green at its hotels. His parents arrived in the US in 1969 and the family settled in Boston. 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. vestment in Caremark. 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. In 1997, he and his wife, Mary, funded a $5 million John and Mary Pappajohn Scholarship Fund for ethnic, disadvantaged and minority students. The grandson of Greek immigrants, Leonsis was born to a family of modest means in Brooklyn, and spent his early years there. After eight years selling life insurance, Pappajohn founded Guardsman Life, which he eventually took public. The more I make, the more I get to give back. Forbes, September 8, 1997 In 2007, they donated $30 million in sculptures to the Des Moines Art Center to create a new public art space. In June 2014, he joined the board of digital security start-up BitGo. John Pappajohn, 93, continues to be a venture capitalist and a leader in his field. 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. 319-335-0862 tippie-business@uiowa.edu. Kay, which was later acquired by American Hospital Supply, made Pappajohn his first million. Peter G. Angelos, is an attorney and is best known for being owner, chairman and CEO of Major League Baseballs Baltimore Orioles. 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. Top links. He retired from AOL in 2006 and currently serves as vice chairman emeritus. 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. A second-generation American of Greek descent, he was born in Detroit, MI and raised in Pasadena, CA. 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. Bidzos is an Internet and security industry pioneer, whose accomplishments include building RSA Security, an Internet identity and access management solution provider, into the early standard-bearer for authentication and encryption, and launching Verisign as a spin-off in 1995 to develop the digital certificate infrastructure for Internet commerce. The family then immigrated to Ohio, where Capellas father worked his way up from laborer to superintendent at the Republic Steel Corporation. In September 2013, Obama nominated him for ambassador to Norway. cookies cookies. NetGenics just celebrated its first birthday and already has contracts with major pharmaceutical companies. Mr. John Pappajohn is one of today's most successful leaders in investing, entrepreneurship, and philanthropy. John Pappajohn's largest sale order was 50,000 units , worth over $184.13K on May 27, 2011. Nicholas Galakatoshas been Managing Director of Clarus Ventures since companys beginnings in 2005. Here there is a launching pad for all types of creative minds. Specials. Over the past decade it added approximately 30 new stores and a new perishable/produce distribution center, and doubled sales. RedChip's Blog. Tickets can be purchased by visiting www.pappajohncenter.com/gala. Georges Enterprises began as Imperial Trading in 1916, a wholesale grocery distribution company founded by Georges grandfather Gus Pelias. He became best known, perhaps, for his talent in solubilizing previously insoluble chemicals and making them stable for medical use. He took his company public in 2004 under the NASDAQ ticker CLMS. The Orioles enjoyed some success early under Angelos ownership, making the postseason as a wild card team in 1996 and winning the American League East Division title in 1997. Once a state of small businesses, many did not survive the farm crisis and the economy was struggling as a result. A 1957 graduate of Northeastern University in Boston, Behrakis also studied at Boston University, and is a recognized leader in the pharmaceutical industry. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. 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. Within months the Dallas-based company boasted annualized revenues of $ 150 million. His father owned a chain of dry cleaner store in Milwaukee and his mother worked as an office manager at a steel company. . The show is really two in one, featuring local and national news, with an array of local and nationally-known politicians and other influential guests stopping or calling in on a regular basis. Arete, where he is Managing Partner, functions as an operating partner of the New York based equity firm Catalyst Investors. In addition, he makes 0$ as Non-Executive Chairman of the Board at Cancer Genetics. Mr. Pappajohn also organized and financed the John Pappajohn Entrepreneurial Centers at five different universities and colleges in the state of Iowa for more than $30 million. At age 16, after his father's death, he began managing his family's grocery store in Mason City, Iowa. Kynikos has offices in New York and London. ", In the past 27 years he has founded more than two dozen public companies. With all his getting, he's clearly gotten understanding. Established in 2008, the Peter G. Peterson Foundation is a nonpartisan organization dedicated to increasing public awareness of the nature and urgency of key fiscal challenges threatening Americas long-term future, and to accelerating action on them. endstream endobj 325 0 obj <. A pioneer of the Internet and new media, Leonsis participated in launches of the Apple MacIntosh, the IBM PC and the Wang office automation. After seven years, he cashed out. Clean. Widely regarded as one of tennis all-time greats, Pete Sampras, retired in 2003 with a then-record 14 grand slam titles (a record subsequently broken by Roger Federer, with 18, and tied by Rafael Nadal). John Paul DeJoria is a member of "The Giving Pledge," a charity led by Warren Buffet and Bill and Melinda Gates. With roots in Kastellorizo, Greece, Liveris was born in Darwin, Australia. In addition, he makes $0 as Non-Executive Chairman of the Board at Cancer Genetics. The insurance business offered a good living, but you could not get rich selling such a competitive product. In an interview with the Des Moines Register, a colleague described him as "an absolute maniac Pappajohn serves as director on the boards of three publicly traded companies: Cancer Genetics, Inc., American CareSource Inc., and CNS Response, Inc., a company which uses EEG-generated biomarkers for use in personalized medicine in psychiatry. $0.00. Total project investment in the newly enlarged Worth Brewing building, equipment and business model exceeds $1 million. Arthur turned the business over to his two sons, George and Telemachus (Mike) in 1954. 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. 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). Pappajohn said he made about $18 million on what was basi- cally a $50,000 initial in. Within hours Pappajohn had lent Core $200,000. 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. After a highly publicized series of challenging confirmation hearings before the Senate last year, however, Tsunis withdrew his nomination in December 2014. KPS acquires non-core, underperforming or distress underperforming manufacturing and industrial companies and makes the business better by implementing operations-driven turnaround strategies. 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. Jamie Dimon is chairman and CEO of Americas largest bank JPMorgan Chase, and considered one of the nations most powerful people. There also was Radio. His parents, Konstantina Hrisomalis and Georgios Karabotsios, hailed from the Peloponnesian villages of Anavriti and Malendreni, respectively. 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. 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. 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). Johns portfolio of companies has averaged a 40% annual return on investments over the last 40 years. Mr. Pappajohn has also been a recipient of the Woodrow Wilson Award, Ellis Island . 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 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 . The company currently owns and manages ten hotels, including Chartwells Holiday Inn at Williamsport, PA earned a Newcomer of the Year award from Holiday Inn in 2007. He grew up in Mason City, Iowa. After the war, the elder Capellas met and married his wife, Juliet, in Italy. 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 fact, not many people have ever heard of John Pappajohn, 69, of Des Moines, Iowa. From there it's a classic immigrant-boy-makes-good story. Pappajohn invested his fund, raised more money privately, then helped arrange a public offering. Postcards Current Exhibition . Born George Moutsanas in Euboea, Greece, George Marcus, together with his partner, William A. Millichap, is founder and chairman of Marcus & Millichap Company (MMC), one of the countrys premier providers of investment real estate brokerage services, and the parent company of a diversified group of real estate, service, investment and development firms. In 2016, Angelo Tsakopoulos achieved two milestones. He is also vice chairman of the Hirshhorn Museum in Washington, D.C. Bidzos served as its first CEO from 1995 to 2001. He turned 80 years old, and he was honored as a permanent part of the United States Congressional Record. In 1969, he sold his interest and became a venture capitalist. He graduated with a BSC degree in business from the University of Iowa in 1952. John is a resident of 24 Foster Drv, Des Moines, IA 50312-2563. The sixteenth annual statewide competition will be awarding $100,000 in cash prizes. The event was presented by the University of Iowa John Pappajohn Entrepreneurial Center. 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 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. He has been involved in over 100 startups and 50 IPOs, and has served as a Director in over 40 public companies. Mr. Pappajohn organized and contributed greater than $25 million to establish the John Pappajohn Entrepreneurial Centers at five different universities and colleges in the state of Iowa, including Iowa State University, to promote job creation in the state. His biggest coup involved Quantum Health Resources, a home health care company that he helped found in 1988. He worked his way through college and alternated working and attending school with his brothers. James S. Chanos is informally known as Wall Streets most notable bear. Founder and President of Kynikos Associates, Chanos heads the worlds biggest short-selling hedge fund. From 2007 to 2010, he was the Chairman and CEO of First Data Corporation (FDC), the worlds leading payment processing company. 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. But Argyros, made his fortune in grocery stores and real estate. The Pappajohn Center is a resource for student initiatives, new small business owners, tech start-ups, and corporate spin-offs alike. 92 = Tower Place Ramp. 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. These are some of the names: The John and Mary Pappajohn Charitable Foundation and Evia LTD. A Pappajohn, Ann M Pappajohn, and three other persons spent some time in this place. 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