Andrew Beal Net Worth is$6.6 Billion
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Date of Birth: 1952
Country: United States of America
Andrew Beal is a wealthy businessman with a net worth of $6.6 billion. Andrew Beal earned his net worth through his business strategies in banking and real estate. He was born in Dallas, Texas.
D. Andrew "Andy" Beal (born November 11, 1952) is a Dallas, Texas-based billionaire businessman who was born and raised in Lansing, Michigan. He made his fortune in banking and real estate and is the founder and chairman of Beal Bank and Beal Aerospace Technologies. Beal is also known for his high-stakes poker games and his interest in mathematics. Beal has an estimated worth of US$6.6 billion as of 2011.
Beal wanted to be a businessman since he was a teenager in Lansing. During his years in high school (Lansing Sexton) he began to earn money by fixing televisions with the help of his uncle Denny (Dennis Rogozinski), later installing apartment security systems and eventually with the help of some friends, he began to relocate dislodged houses. Beal would link hydraulic jacks and raise homes at night and then move or level them. At the age of 18, Andy purchased Spartan and Jackson Speedway, one of very few business ventures that haven't worked out for Beal.
Beal, who had excelled on his high school debate team, enrolled at Michigan State University and subsequently attended Baylor University in Texas. At age 19, Beal bought a house in Lansing for $6,500 (USD) and started renting it for $119 per month, which eventually led to his first net gain as a businessman.
In 1981, Beal bought a project building in New Jersey, the Brick Towers. Beal became known for buying properties that no one else would want, feeling that everything he bought could be turned into a profitable property.
His business strategy paid off, and in 1988, he was able to open his first bank in Dallas. At first called Allegiance Savings and Loan Association, the tiny building was the first bank of the company that would later be renamed to Beal Financial, which now includes Beal Bank, Beal Bank Nevada, CSG Investments, Inc., Loan Acquisition Corporation, and Beal Mortgage Services.
During the 1990s, Beal tried to expand Beal Bank's services to include international markets such as Russia

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Andrew Beal Latest News

Heavy hitters with Michigan ties near top of Forbes billionaires list

Google co-founder and East Lansing native Larry Page ranks No. 10 worldwide Steve Ballmer, Andrew Beal, Stephen Ross, Dan Gilbert also on list Marian Ilitch drops another $1 billion More than a dozen ...
Posted: March 6, 2019, 1:04 pm

Forbes' billionaires list includes 20 from Michigan

He led Microsoft from 2000 to 2014, maneuvering it through the crash. No. 158 Andrew Beal Andrew Beal, owner of Texas bank Beal Financial Corp., landed at No. 158 with $9.1 billion. He was ...
Posted: March 4, 2019, 4:00 pm

Portis helps Wizards dispatch Timberwolves

Taj Gibson and Andrew Wiggins had 14 points each ... Washington shot 50 percent from the field and 11 of 33 from 3-point range. Beal’s 3-pointer gave the Wizards a 77-71 lead midway through the third ...
Posted: March 3, 2019, 5:53 pm
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