George Yancopoulos, president of Regeneron, has shared his perspective on the American Dream as part of a series by The Post and the Milken Center for Advancing the American Dream. Yancopoulos, whose family emigrated from northern Greece, described his early life in New York City where his parents worked diligently to make ends meet.
He recalled facing challenges with the English language but found strength in his aptitude for numbers, science, and technology. "English was not my first language. I struggled with English. But I was always very good at numbers, and I was good at science, and I was good at gadgets," Yancopoulos stated.
A significant influence on his aspirations was Roy Vagelos, a renowned Greek-American scientist who served as a role model. Yancopoulos's father encouraged him to emulate Vagelos, highlighting his success as a first-generation immigrant who rose to prominence in the biopharmaceutical industry. "My father said, 'Well, if you're going to become a scientist, don't become like any run of the mill scientist. Become like Roy Vagelos. Look at this guy — he's a first-generation immigrant like you. If he can do these things, you can too,'" Yancopoulos recounted.
This mentorship proved transformative. Yancopoulos and his co-founder, Leonard S. Schleifer, eventually persuaded Vagelos to join their company, Regeneron, as chairman. Yancopoulos worked alongside his hero for nearly three decades, contributing to the development of numerous new medicines.
Yancopoulos emphasized the critical role of a supportive family structure, noting that this is often a strength within immigrant communities. He experienced this firsthand, living in a one-bedroom apartment with his parents, sister, and grandparents, where mutual support was integral to their lives.
He believes that while the "hunger of not having things is a great driver," the lack of a support system can be a significant obstacle for many children. He contrasted this with the strong extended family networks often found among immigrants, which provide a foundation for success even without financial wealth.
The American Dream Video Project, featuring stories like Yancopoulos', is part of the Milken Center for Advancing the American Dream's activities leading up to America's 250th anniversary. The Center, located in Washington D.C., offers interactive exhibits and narratives focused on achieving the American Dream.