Andrew Beal

Andrew Beal

Andrew Beal (#251)

If people say I'm doing something crazy, that's usually a good sign.

  • $ 12 B
  • Banks, real estate
  • United States
  • M
  • 73 Years

About Me

Andrew Beal is the founder and owner of Beal Financial Corporation, which owns Beal Bank and has assets of more than $22 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 dropped out of both Michigan State University and Baylor University and bought a $6,500 house at age 19 that he leased to get a start in real estate.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Andrew Beal’s rise and global influence.

  • #238   Billionaires (2026)
  • #101   Forbes 400 (2025)

Wealth Growth

Net Worth Growth Over Time

Tracking Andrew Beal’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $12.4B (May 4, 2026)