Andrew Beal

Daniel Andrew “Andy” Beal is an American banker, businessman, investor, and amateur mathematician. He is a Dallas-based businessman who accumulated wealth in real estate and banking.

• Andrew Beal is the founder and owner of Beal Financial Corporation, which owns Beal Bank and has assets of more than $7 billion.
• The Texas banker is known for gobbling up distressed assets, including mortgages, bonds backed by commercial planes and IOUs to power plants.
• He made a tidy sum during the Great Recession, scooping up beaten-down assets while the nation’s biggest banks were being bailed out by taxpayers.
• Born in Lansing, Mich., he scraped together cash early on fixing used televisions.
• Beal, who dropped out of both Michigan State University and Baylor University, says he has subscribed to Forbes for over three decades.