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Andrew Beal Net Worth

How rich is Andrew Beal?

Andrew Beal Net Worth:
$12.2 Billion

Birth date: November 29, 1952
Birth place: Lansing, Michigan, United States
Education: Baylor University, Michigan State University
Nationality: United States of America
Source: Wikipedia & Freebase

Andrew Beal wiki & biography:

Now based in Dallas, Andrew Beal acquired most of his net worth from banking and real estate.

Apart from being the creator, Andrew Beal is also proven to function as Chairman of the Board ofBeal Bank U.S.A. andBeal Bank.As of 2013, Beal companies include Dallas-basedCSG Investments. Inc.,Loan Acquisition Corporation, andCLG Hedge Fund, LLC. To date, Beal Bank U.S.A. andBeal Bank have 37 branch locations which offer online banking also. The banks offerdeposit products which includemoney market accounts, CDs, IRA CD accounts,statement savings accounts which are currently insured by theFederal Deposit Insurance Corporation(FDIC).

He attendedBaylor UniversityandMichigan State University. Andrew Beal had two marriages. His first union resulted in the arrival of his two children which his second marriage, which was toSimona Beal, who gave him four more kids.
Daniel Andrew “Andy” Beal (born November 29, 1952) is an American banker, businessman, investor, poker player, and recreational mathematician. He is a Dallas-based businessman who accumulated wealth in real estate and banking. Born and raised in Lansing, Michigan, Beal is founder and chairman of Beal Bank and Beal Bank USA, in addition to other affiliated businesses. Beal has an estimated worth of USD$8.4 billion as of September 2012.

A self-taught number theorist, Beal can be famous for the Beal conjecture, a mathematical generalization of Fermat’s Last Theorem. He has financed a USD$1,000,000 standing prize for its proof or disproof.

In 1997, as section of a space privatization style supported by the government, Beal started an aerospace company to create rockets with all the aim of putting communications satellites in orbit. Running with more than 200 employees from a 163,000-square foot space in Frisco, TX, Beal Aerospace focused on a three-stage, 200-foot-tall rocket. Facing competition from new NASA-funded group initiatives, Beal closed the business and discontinued operations on Oct. 23, 2000, citing the issue private companies face when competing with the governmental subsidies of NASA.

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