Andrew Beal

$12.03 B

Ranked #243 in World

About Andrew Beal

Daniel Andrew Beal, the celebrated American banker and entrepreneur, was born on November 29, 1952, in Lansing, Michigan. As the founder and chairman of Beal Bank and Beal Bank USA, Beal has amassed an estimated net worth of $9.49 billion as of December 2021. His business acumen is evident in his strategic real estate investments and astute financial asset purchases during market dips, resulting in a banking empire with combined assets over $7 billion. Amidst his financial endeavors, Beal's commitment to philanthropy shines, significantly contributing to science and math education. Notably, his Beal Conjecture in number theory denotes his mathematical prowess beyond his banking expertise. With a varied life, including wins in high-stakes poker and political donations, his personal narrative complements his monumental career achievements.

Born

November 29, 1952 in Lansing, Michigan, U.S.

Age

73 years

Source Of Wealth

Banks, Real Estate

Industries

Finance & Investments

Citizenship

United States

Residence

Dallas, Texas

Education

Drop Out, Baylor University

Spouse

Susan Kaminski (divorced), Simona Beal (divorced)

Children

Daniel Andrew Beal was born on November 29, 1952, in Lansing, Michigan. His mother worked in state government, while his father was a mechanical engineer. Beal excelled on his high school debate team and went on to study mathematics at Michigan State University.

Andrew Beal: Family

Beal has been married twice and has nine children. He is a libertarian and has supported Rand Paul and Donald Trump in presidential elections. Beal donated to Trump's campaign and inaugural festivities.

Andrew Beal: Career Highlights

Beal is an American banker, businessman, investor, and amateur mathematician. He is the founder and chairman of Beal Bank and Beal Bank USA. As of December 2021, his estimated net worth was $9.49 billion.

Andrew Beal: Companies

Beal is the founder and chairman of Beal Bank and Beal Bank USA. He also founded Beal Aerospace in 1997, which aimed to build rockets for satellite launches but closed in 2000 due to competition from NASA.

Andrew Beal: Major Achievements

Beal is known for his success in real estate investing, buying and selling properties in Lansing, Waco, TX, and Newark, NJ. He sold his Dallas estate for $36.2 million in 2017. Beal Bank and Beal Bank USA have a combined total capital exceeding $2.7 billion and combined total assets exceeding $7.2 billion as of June 2019.

Andrew Beal: Awards & Achievements

Beal has not received any notable awards or achievements.

Andrew Beal: Personal Life & Legacy

Beal is a self-taught amateur mathematician who proposed the Beal Conjecture, a generalization of Fermat's Last Theorem. He offered a $1 million prize for its proof or disproof. Beal also participates in high-stakes poker games in Las Vegas and won $11.7 million in a single hand in 2004. He has played against professional players, including Phil Ivey.

Andrew Beal: Trivia

Beal supports science and math initiatives through his banks and is the title sponsor of the Dallas and South Nevada Regional Science and Engineering Fairs.

He donated $1 million to the Perot Museum of Nature and Science in Dallas and computers to the Dallas Independent School District.

Wealth History

Timeline

November 29, 1952

Daniel Andrew Beal was born in Lansing, Michigan.

1988

Opened Beal Bank in Dallas.

1997

Founded Beal Aerospace to build rockets for satellite launches.

2000

Beal Aerospace closed due to competition from NASA.

2004

Opened Beal Bank USA in Las Vegas.

2004

Won $11.7 million in a single hand of poker in Las Vegas.

2017

Sold Dallas estate for $36.2 million.

Andrew Beal : FAQs

What is Andrew Beal's current net worth?

Andrew Beal's current net worth is $12.03 billion.

What is Andrew Beal's current global rank among billionaires?

Andrew Beal holds the 243rd position globally among billionaires.

What is Andrew Beal's current ranking within the United States?

Andrew Beal holds the 98th position in United States.

What was the change in Andrew Beal's net worth compared to the previous year?

Andrew Beal's net worth decreased by 180.04 million dollars compared to the previous year 2025, when his net worth was 12.21 billion dollars.

What are Andrew Beal's main sources of wealth?

Andrew Beal's main source of income comes from Banks, Real Estate.

In which industry does Andrew Beal primarily operate?

Andrew Beal is primarily involved in the Finance & Investments industry.

What is Andrew Beal educational background?

Andrew Beal is a dropout from Baylor University.

How old is Andrew Beal?

Andrew Beal is 73 years old.

How many children does Andrew Beal have?

Andrew Beal has 6 children.

Can you outline the business and investment ventures of Daniel Beal?

Daniel Beal has been involved in real estate investment across Lansing, Waco, and Newark, even selling a Dallas estate for $36.2 million in 2017. He founded Beal Bank and Beal Bank USA in Dallas and Las Vegas respectively, and his banks' combined total capital exceeds $2.7 billion, with assets over $7.2 billion as of June 2019. Beal also founded Beal Aerospace in 1997 but closed it in 2000 due to NASA competition.

What are some of Daniel Beal's contributions to philanthropy?

Daniel Beal supports science and math initiatives, being a title sponsor of regional science and engineering fairs in Dallas and South Nevada. He donated $1 million to the Perot Museum of Nature and Science in Dallas and provided Dallas Independent School District with computers.

What is the Beal Conjecture, and how has Daniel Beal influenced the field of mathematics?

Daniel Beal, a self-taught amateur mathematician, proposed the Beal Conjecture, a generalization of Fermat's Last Theorem, and has offered a $1 million prize for its proof or disproof.