In the business world today, Peter Palandjian is revered for the work he has done as the CEO of Intercontinental Real Estate Corporation. Due to this, not many people will remember that he once enjoyed an illustrious collegiate career as a tennis player before embarking on a relatively short professional career. Read on to find out more about his achievements in sports as well as how he transitioned to become a successful businessman.
Peter Palandjian’s Age & Bio
On the 12th day of February 1964, in Boston, Massachusetts, the Palandjian family, who are of Armenian descent, found themselves in a celebratory mood as Sheila Kelly Palandjian and Petros A. Palandjian welcomed a son they named Peter to the world.
Raised in the capital city of the Commonwealth of Massachusetts, Peter Palandjian attended the private college preparatory school, Phillips Academy Andover, located in Andover, Massachusetts. Not going far from home, the young man went on to earn admission to study English and Literature at the private ivy league research institution, Harvard University, located in Cambridge, Massachusetts.
During his time at Harvard, Peter was heavily involved with his school’s tennis team. He was notably the school’s number one player, twice captaining the side and playing in the NCAA championships, both in singles and doubles events. In 1986, he beat Pat McEnroe to win that year’s NCAA Championships.
After graduating from Harvard with a Bachelor of Arts degree in English and American literature, Peter Palandjian moved to become a professional tennis player. His decision to become a pro appeared to have been a good one as he was quick to win six ATP tour Challenger titles, all in doubles competitions. He further went on to make main draw appearances in singles and doubles competitions at various Grand Prix tournaments.
The peak of Peter’s career was unarguably in 1989, the year he achieved his highest career world ranking in doubles (number 175) and also competed at three Grand Slam events; the French Open, US Open, Wimbledon Championships, and US Pro Tennis Championships. That same year, however, he decided to retire from the sport, bringing an end to what could have been an illustrious career.
Following his exit from professional tennis, Peter Paladjian began a career in business. He first spent two years as an associate at the management consulting firm, Bain & Company, before leaving to take up the position of Assistant to the CEO of multinational corporation Staples. During this time, he enrolled at Harvard Business School and earned a Master of Business Administration degree, before he was then appointed the CEO of Intercontinental Real Estate Corporation.
Net Worth
With Peter Palandjian being the CEO of a company that is worth around $6 billion, it is safe to say that he is worth a fortune himself. Unfortunately, details of the earnings of the former tennis player, who is said to have taken home a total of $30,728 in prize money from his playing career, is unknown.
Other Interesting Facts About The Tennis Player
1. Peter Palandjian was previously married to Marie-Louise Palandjian, popularly referred to by friends as Minou. Together, the couple welcomed four children to the world: Manon, Petros, Margot, and Madelon. Following the divorce, Peter began dating actress Eliza Dushku, who is best known for playing the role of Faith in Buffy the Vampire Slayer, and Echo/Caroline Farrell in Dollhouse.
The two got engaged in June 2017 and went on to exchange marital vows in August 2018. In early 2019, it was announced that the newlyweds were expecting their first child together.
2. The company in which Peter Palandjian serves as CEO of, Intercontinental Real Estate Corporation, was founded by his father Petros A. Palandjian in 1959. At the time, it was a construction firm but it has since evolved to provide real estate services for both local and international investors.
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3. Peter has a brother named Paul. Like him, Paul was also a collegiate tennis player and the two teamed up together on several occasions as professionals to play in different doubles competitions.
4. Tennis player Jim Courier, who later in his career went on to achieve world number 1 status, was one of Peter Palandjian’s most notable partners at the doubles competitions. Some of Palandjian’s most impressive victories came against renowned players like Jay Lapidus, Ricardo Acuna, Mark Dickson, Tony Mmoh, Martin Laurendeau, and Andrew Sznajder.
