Andrew "Andy" Beal (born 1952) is a Dallas, Texas-based businessman. 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 and mathematics activities. Year 1952 (MCMLII) was a leap year starting on Tuesday (link will display full calendar) of the Gregorian calendar. ... “Dallas” redirects here. ... Beal Bank is a Texas-based state savings bank that was founded in 1988 by Texas banker and entrepreneur Andy Beal. ... Beal Aerospace was founded by Andrew Beal, president of Beal Bank in Dallas, Texas. ...

Early life

Beal wanted to be a businessman since he was a teenager in Lansing, Michigan. During his years in high school, he would earn money by fixing televisions and installing apartment alarms, and with his friends he began to relocate dislodged houses. Beal linked hydraulic jacks, and his friends would raise the homes at night, then move them. Location in Ingham County, Michigan1 Coordinates: Country United States State Michigan County Ingham, Eaton Settled 1835 Incorporation 1859 Government  - Type Strong Mayor-Council  - Mayor Virg Bernero (D) Area  - City  35. ... For other uses, see High school (disambiguation). ...

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 for $6,500 (USD) and started renting it for $119 per month, which eventually led to his first net gain as a businessman. Michigan State University (MSU) is a co-educational public research university in East Lansing, Michigan USA. Founded in 1855, it was the pioneer land-grant institution and served as a model for future land-grant colleges in the United States under the 1862 Morrill Act. ...

Business career

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; he figured out that everything he bought could be turned into a profitable property. Year 1981 (MCMLXXXI) was a common year starting on Thursday (link displays the 1981 Gregorian calendar). ... “NJ” redirects here. ...

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. Year 1988 (MCMLXXXVIII) was a leap year starting on Friday (link displays 1988 Gregorian calendar). ... “Dallas” redirects here. ... Beal Bank is a Texas-based state savings bank that was founded in 1988 by Texas banker and entrepreneur Andy Beal. ... This does not adequately cite its references or sources. ... It has been suggested that this article or section be merged into Beal Bank. ... It has been suggested that CSG Investments, Inc. ...

During the 1990s, Beal tried to expand Beal Bank's services to include international markets such as Russia and Mexico. These attempts failed, however, and Beal retreated from foreign expansion. For the band, see 1990s (band). ... Beal Bank is a Texas-based state savings bank that was founded in 1988 by Texas banker and entrepreneur Andy Beal. ...

In 2000, Beal Bank bought over $1 billion USD in commercial loans from the SBA. These included loans made to businesses in Palau, and the United States Virgin Islands, where some local businesses had borrowed money from American institutions after Hurricane Hugo. Year 2000 (MM) was a leap year starting on Saturday (link will display full 2000 Gregorian calendar). ... The United States dollar is the official currency of the United States. ... The Small Business Administration (SBA) is a United States government agency that provides support to small businesses. ... Lowest pressure 918 mbar (hPa; 27. ...

After the September 11, 2001 attacks, Beal once again went against what some call "common business sense", and began buying aircraft debt. He figured the airlines would recover from the tragedy; aircraft debt prices were very low at the time following the attacks, and Beal bought them expecting to sell them once they rebounded in price. Beal Bank makes about $70,000,000 USD of profit a year from those bonds. A sequential look at United Flight 175 crashing into the south tower of the World Trade Center The September 11, 2001 attacks (often referred to as 9/11—pronounced nine eleven or nine one one) consisted of a series of coordinated terrorist[1] suicide attacks upon the United States, predominantly... “Flying Machine” redirects here. ... Beal Bank is a Texas-based state savings bank that was founded in 1988 by Texas banker and entrepreneur Andy Beal. ... The United States dollar is the official currency of the United States. ...

Poker playing

A blackjack player in his youth, in 2001 Beal began visiting the Bellagio in Las Vegas to participate in high stakes poker games, especially heads-up Texas hold 'em. During several visits between 2001 and 2004, Beal played a syndicate of professional poker players known as "The Corporation", which included Doyle "Texas Dolly" Brunson, Todd "Darkhorse" Brunson, Ted Forrest, Jennifer Harman, Howard "The Professor" Lederer, Phil Ivey, Gus Hansen, Barry Greenstein, Chau Giang, and others. Year 2001 (MMI) was a common year starting on Monday (link displays the 2001 Gregorian calendar). ... Bellagio is a hotel and casino located on the Las Vegas Strip in Las Vegas, Nevada, USA. It is owned by MGM Mirage and was built on the site of demolished Dunes hotel and casino. ... Vegas redirects here. ... For the domestic fireplace tool, see fireplace poker. ... The large and growing jargon of poker includes many terms. ... Texas hold em involves community cards available to all players (pictured here on the left). ... This article is about the association term. ... Doyle Brunson, also known as Texas Dolly, (born August 10, 1933 in Longworth, Fisher County, Texas) is an American poker player who has played professionally for over 50 years. ... Todd Alijondro Darkhorse Brunson is the son of poker legend Doyle Brunson. ... Ted Forrest (born September 24, 1964 in Syracuse, New York) is an American professional poker player, currently residing in Las Vegas, Nevada. ... Jennifer Harman is an American professional poker player with a reputation as a cash game player. ... Howard Lederer (born October 30, 1964 in Concord, New Hampshire), is a professional poker player and brother of poker professional Annie Duke, and author and poet Katy Lederer. ... Phil Ivey (born February 1, 1976 in Riverside, California) is an American professional poker player. ... Gustav Hansen (born February 13, 1974 outside Copenhagen, Denmark) is a professional poker player who lives in Monaco. ... Barry Greenstein (born December 30, 1954 in Chicago, Illinois) is a professional poker player. ... Chau Giang (born 1955? in Vietnam) is an American professional poker player of Chinese descent. ...

Beal hoped to force the collective group of pros into such high stakes that their play would be influenced by the amount of money at risk. By the end of their encounters in 2004 they were playing $100,000/$200,000 Limit Texas Hold 'Em heads up with more than $20 million on the table. This story was chronicled in Michael Craig's book, The Professor, the Banker, and the Suicide King: Inside the Richest Poker Game of All Time. Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... // Wikibooks Poker has more about this subject: Betting This article describes the common terms, rules, and procedures in the game, but does not cover the strategic impact of betting. ... Texas hold em involves community cards available to all players (pictured here on the left). ... Michael Craig is an American lawyer and author best known for his 2005 book, The Professor, the Banker, and the Suicide King. ... The Professor, the Banker, and the Suicide King: Inside the Richest Poker Game of All Time is a 2005 book by Michael Craig detailing billionaire Andrew Beals high stakes poker games with Las Vegass top professional poker players. ...

While the games outlined in Craig's book ended in 2004, Beal returned to Las Vegas from February 1-5, 2006 to again take on "The Corporation" in a $50,000/100,000 Limit Hold 'Em match at the Wynn Las Vegas Casino. Opponents included Todd Brunson, Jennifer Harman, Ted Forrest, and others. Wynn Las Vegas Resort and Country Club is a AAA five diamond/Mobil five-star casino resort located on the Las Vegas Strip, in Las Vegas, Nevada. ... Todd Alijondro Darkhorse Brunson is the son of poker legend Doyle Brunson. ... Jennifer Harman is an American professional poker player with a reputation as a cash game player. ... Ted Forrest (born September 24, 1964 in Syracuse, New York) is an American professional poker player, currently residing in Las Vegas, Nevada. ...

On February 5, 2006, Beal was down $3.3 million (USD). He then returned to the Wynn a week later, and won approximately $13.6 million from the Corporation during daily poker sessions from February 12-15.^[1] The games resumed February 21-23, with Phil Ivey representing the Corporation against Beal at limits of $30,000/60,000 and $50,000/100,000. During these three days, Beal lost $16.6 million to Ivey.^[2] is the 36th day of the year in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Wynn Las Vegas Resort and Country Club is a AAA five diamond/Mobil five-star casino resort located on the Las Vegas Strip, in Las Vegas, Nevada. ... Phil Ivey (born February 1, 1976 in Riverside, California) is an American professional poker player. ...

Beal is recognized as the poker player who won more money in a poker game in a single day than any other known poker player. On Thursday, May 13, 2004, at the Las Vegas Bellagio, Beal won $11.7 million from Chip Reese, Hamid Dastmalchi, Gus Hansen, and Jennifer Harman.^[3]

Mathematical work

Beal's work in mathematical number theory includes his 1993 articulation of Beal's conjecture, and he has offered a $100,000 (USD) prize for its proof or disproof.^[4] Number theory is the branch of pure mathematics concerned with the properties of numbers in general, and integers in particular, as well as the wider classes of problems that arise from their study. ... Beals conjecture is a conjecture in number theory proposed by the Texas billionaire and mathematical amateur Andrew Beal. ...

References

1. ^ Craig, Michael (April 2006). "The Banker, The Boss, The Junk Man, and The Warrior". Bluff Magzine: 71-06. 
2. ^ Fletcher, Irwin (February 24, 2006). Andy Beal Versus the Corporation. Poker News. Retrieved on September 30, 2006.
3. ^ Craig, Michael (2005). The Professor, the Banker, and the Suicide King, 231-237. 
4. ^ The Beal Conjecture. Bealconjecture.com. Retrieved on September 30, 2006.