In this success post, we are going to share the story of Andrew Beal, an American banker, businessman, poker and investor, and amateur mathematician who has a net worth of $13 billion dollars. Andrew Beal was born on the 29th of November 1952, in Lansing, Michigan. He is a Dallas based businessman who amassed his wealth in real estate and banking.
Beal is a founder and Chairman of Beal Bank and Beal Bank USA, as well as other affiliated companies. At the age of 19, Beal became a real estate investor.
Andrew Beal Career
In the year 1981, Andrew Beal decided to buy a building project in New Jersey, and named it as the ‘Brick Towers.’ Gradually he was recognized for buying properties that nobody would want to have. His extraordinary business sense converted whatever he bought into a money-making asset.
In the year 1997, he also founded the ‘Beal Aerospace’ to compete with NASA for satellite instigation.
Andrew Beal Philanthropic Activities
With the source of his banks, but he is an annual sponsor and support of various causes, which includes the:
- The South Nevada Regional Science and Engineering Fair is associated with the University of Nevada, Las Vegas.
- The Dallas Regional Science and Engineering Fair allied with the Southern Methodist University.
- Beal has supported the students by offering finances of around $1 million, as prized for these events.
- From his Beal Bank, he also donated $1 million to the Perot Museum of Nature and Science in Dallas, which started in December 2012.
- Beal organizations donated more than 200 computers for the students of Dallas Independent School District.
Also read: Bernie Marcus Biography: Story of The Home-Depot CEO
