Peter Nicholas (businessman)
- Peter Nicholas (businessman)
Peter M. Nicholas co-founded medical device firm Boston Scientific with partner John Abele.
Nicholas earned a B.A. from Duke University in 1964 and an M.B.A. from the University of Pennsylvania's Wharton School. In 2005 he was ranked #78 by "Forbes magazine"'s list of "The 400 Richest Americans", with an estimated worth of $4 billion.
Born to Greek-American parents, he met scientist Abele at a kids' soccer game in 1979. They borrowed $800,000 to start Boston Scientific, a manufacturer of medical devices. He helped grow the company through a series of astute acquisitions. [http://money.cnn.com/magazines/fortune/fortune_archive/2006/10/16/8390284/index.htm]
In 1996, the Nicholas family gave $20 million to Duke University for the School of the Environment. In 2000, Nicholas was a recipient of the Ellis Island Medal of Honor. [http://www.google.com/search?q=cache:jKY7ghDx8hwJ:ellis.webflasher.de/medalists_bio.php%3Fid%3D1292+Pete+M.+Nicholas+Boston+Scientific+Family&hl=en&gl=us&ct=clnk&cd=18] . In 2004, Nicholas and his wife Ginny made another large donation to Duke, totalling $72 million. $70 million of that donation went to the Nicholas School of the Environment. [ [http://www.dukenews.duke.edu/2004/01/nicholas_0104.html Nicholases' $72 Million Gift Closes Campaign At Record $2.36 Billion] "Duke University Office of News and Communications", January 8, 2004. Retrieved June 6, 2008.] Overall, the family has given about $130 million to Duke.
Prior to co-founding Boston Scientific, Nicholas worked with Eli Lilly and Company.
Trivia
*Married to Virginia (Ginny) Lilly, the great-great-granddaughter of Eli Lilly
*He is of Greek origin [http://www.thenationalherald.com/pdf/50wealthiest2005.pdf]
External links
* [http://www.bostonscientific.com/ Boston Scientific Official Site] .
* [http://www.forbes.com/finance/lists/10/2004/LIR.jhtml?passListId=10&passYear=2004&passListType=Person&uniqueId=GU5A&datatype=Person Forbes.com: "Forbes World's Richest People"] .
* [http://www.outsidetheclassroom.com/about/bod.asp Outside the Classroom] .
References
Wikimedia Foundation.
2010.
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