Daniel Andrew “Andy” Beal (created November 29, 1952) is an American banker, businessman, investor, poker player, and recreational mathematician. He’s a Dallas-based businessman who amassed riches in property and banking. Born and raised in Lansing, Michigan, Beal is founder and chairman of Beal Bank and Beal Bank USA, along with other associated businesses. Beal comes with an estimated worth of USD$8.4 billion as of September 2012.
A self-educated number theorist, Beal can also be famous for the Beal conjecture, a mathematical generalization of Fermat’s Last Theorem. Andrew Beal has financed a USD$1,000,000 standing prize for its proof or disproof. In 1997, within a space privatization style supported by the government, Beal began an aerospace organization to construct rockets together with the aim of putting communications satellites in orbit. Managing with more than 200 workers from a 163,000-square foot space in Frisco, TX, Beal Aerospace focused on a three-phase, 200-foot-tall rocket. Confronting competition from new NASA-financed group initiatives, Beal shut the business and discontinued operations on Oct. 23, 2000, mentioning the issue private companies face when competing with the governmental subsidies of NASA.