Andrew Beal’s profile picture

Andrew Beal

Andrew Beal’s profile picture
Net worth 2018: $11.93 Billion
Industry: Investments
Residence: Dallas, Texas
Country: United States
BirthDay: 29 November 1952
Children: 6
Education: Drop Out, Baylor University
BIOGRAPHY

Andrew Beal was bornon 29 November 1952 in Dallas, Texas, United States. Andrew Beal is #138 in List Billionaires People In The World. Andrew Beal is the founder and chairman of Beal Bank and Beal Bank USA, which have combined assets of more than $7 billion. Born in Lansing, Mich., he scraped together cash early on fixing used televisions. Beal made local headlines twice in 2016 for buying two of the most expensive homes in Dallas real estate history within a span of two months. Beal was named to the Trump campaign's economic advisory council in 2016, but has not taken on a formal role with the government since the election. Beal who dropped out of both Michigan State University and Baylor University has had a personal subscription to Forbes for over 30 years.

NET WORTH STATISTIC
2009

$4.5 Billion

2010

$6 Billion

2011

$7 Billion

2012

$8.4 Billion

2013

$9.8 Billion

2014

$12.1 Billion

2015

$11 Billion

2016

$8.9 Billion

2017

$10.4 Billion

2018

$11.93 Billion

TIMELINE
2017

As of November 2017, the Beal Conjecture prize remains unclaimed

2016

Beal donated $2 million to a Trump super PAC in September 2016, and another $1 million for the inaugural festivities according to Forbes

2013

Beal’s major businesses as of 2013 include:In 1997, as part of a space privatization trend encouraged by the federal government, Beal started an aerospace company to build rockets with the goal of placing communications satellites in orbit

2012

Through Beal Bank, Beal also donated $1 million to the Perot Museum of Nature and Science in Dallas, which opened in December 2012

2009

From 2009-2012 Beal Bank generally exceeded its peer group

2008

1 in 2008, several times in excess of its peer group (insured savings banks with assets greater than $1 billion)

2004

”While the games outlined in Craig's book ended in 2004, Beal returned to Las Vegas from February 1–5, 2006 to again take on "The Corporation" in a $50,000/100,000 Limit Hold 'Em match at the Wynn Las Vegas Casino

2001

During visits to Las Vegas between 2001 and 2004, Beal participated in high-stakes poker games against professional players

2000

23, 2000, citing the difficulty private companies face when competing with the governmental subsidies of NASA

1993

In 1993, he publicly stated a new mathematical hypothesis that implies Fermat's Last Theorem as a corollary

1988

In 1988, Beal opened a bank in Dallas, and in 2004 another in Las Vegas

1981

In 1981, Beal and a partner bought two housing project buildings in disrepair, the Brick Towers in Newark, New Jersey, for $25,000

1976

Also in 1976, he enrolled at Baylor University in Waco, TX, but left school to focus on business endeavors

1952

Daniel Andrew "Andy" Beal (born November 29, 1952) is an American banker, businessman, investor, poker player, and amateur mathematician

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