An entrepreneur’s net worth is the common metric used to evaluate his or her success. But in the unique case of Paul Mihailides, Founder and Chairman of The Preserve Sporting Club and Resort, such an approach is utterly inadequate.
Mr. Mihailides’s net worth -- his value -- to the cause of environmental preservation is, in a word, incalculable. His vision for The Preserve was informed to a significant degree by his love for the natural world and his understanding that “development,” when unrestrained by similar reverence, produces fleeting profit and ultimate degradation of the planet’s self-sustaining capabilities.
A key contributing factor in the growth of Mr. Mihailides’s uniquely calculated net worth is his rejection of what he terms “false binaries” -- either/or choices that need not be viewed as incompatible. So when he is asked if he is an entrepreneur or a preservationist, his answer is always a resounding “Yes!”
That being noted, Paul Mihailides resists the notion that he qualifies as an idealist. “I’m a disciplined businessman, and by any financial standard an incredibly successful one,” he states proudly. “But I never allow my professional endeavors and my responsibility to the bottom line to diminish my commitment to preservation.”
The Mihailides formula for simultaneous successes in both spheres is based upon a deep insight simply expressed. As he has confidently concluded, “In today’s transactional world, preservation will progress in direct proportion to its proven financial profitability.”
The Preserve presents as dynamic proof of the Mihailides calculation. Its 3,500 acre expanse offers countless varieties of flora and fauna and topography distinguished by lush fields, virgin forest, and hills and boulders donated ten thousand years ago by retreating glaciers. That land has been respectfully groomed to support more than 70 sporting adventures, dazzling luxury residences of diverse sizes, a spa to rival the finest in America, Europe and Asia, an equestrian training and riding facility, a nationally celebrated fine dining establishment, an “everything outdoor superstore” retail oasis, and an ultra-sophisticated shooting range with the longest indoor lanes on the continent.
And yet … Mr. Mihailides memorably summarizes the harmonious relationship he has created between the products of human ingenuity and nature’s sacred masterpieces in which they are located. “For Preserve residents, the journey from limitless luxury to natural wonders is a simple matter of opening their front doors.”
Mr. Mihailides is formulating plans to host a multi-day conference at The Preserve at which noted preservationists, scientists, educators, entrepreneurs, and political leaders would exchange ideas on how the economic development and preservation agendas can continue to find common ground.
Mr. Mihailides notes, “For some time I’ve given thought to creating what might best be called ‘The Preserve Think Tank’. It can present revolving areas of focus and rosters of experts. The conference currently under consideration would make for an ideal maiden voyage.”
For now, summer is beginning to pack its bags as autumn, just over the horizon, dresses for its return. The Preserve wears the seasons like couture, clad in elegant colors and contours designed by a Master. Mr. Mihailides cordially invites one and all to experience the flow of seasons at his sprawling, realized dream -- the material aspect of a net worth equally invested in environmental preservation.
“Adventure, luxury, and serenity are our hallmarks and our commitments,” Paul Mihailides states with soft authority. “Come to beautiful Richmond, Rhode Island. Walk and ride our forest trails where time has no dominion. Play the games we love. Care for your body and spirit. Indulge your palate. Broaden your personal definition of ‘net worth.’
“And join me in minding nature’s business.”
