The Richest in Real Estate Top 100
The Basics
Location: Dallas | Net Worth: $7.60 B
Location: Dallas | Net Worth: $7.60 B
Andrew Beal is one of the nation’s smartest investors. In 1993, he developed a complex mathematical problem called the Beal Conjecture, offering $1M to anyone who could solve it. Decades later, mathematicians are still scratching their heads. Andrew has also gambled with the best in one of the highest stakes poker games ever at the Bellagio in Vegas. And that's all from a Baylor University dropout.
This self-taught math genius has such a good eye for the market that he stopped making or buying loans from 2004 to 2007, then took advantage of the Great Recession by grabbing distressed assets nationwide.
He has a number of Beal Banks in Texas and Nevada that lend to oil and gas producers. He also donates to the Perot Museum of Nature and Science in Dallas.
