Andrew Beal Net Worth

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Andrew Beal Net Worth
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Andrew Beal’s Net Worth. As of 2021, Andrew Beale’s likely net worth is estimated to be roughly $9 Billion dollars. This is a short biography of Andrew Beale with particular emphasis on his net worth and his involvement in property development and real estate. All our biographies tend to be people of high financial net worth and only focus on them from a financial point of view, especially Real Estate and property investment. Our aim is to find any useful tips from them so that we can benefit -see our learning lessons below.




History

Andrew Beal’s net worth is likely to be $9 Billion dollars, as of 2021.




Born

Lansing, Michigan

Parents Occupation

Mother worked for the state

Dad was a mechanical engineer.

Where was he brought up ?

Lansing, Michigan




Education Before high school

Local school

High school

Lansing Sexton High school

University

Michigan state university

Baylor University in Waco, TX

First Job

He worked with his uncle fixing and reselling televisions. He also worked installing security systems to apartments.




First big break

When he was nineteen he bought his first house for $6,500 and rented it out for $119 a month. He then started flipping properties.

He bought an old apartment building in Waco and flipped it

Beal bought two housing buildings in Newark and refurbished and sold them.

Andrew Beal’s net worth is likely to be $9 Billion dollars, as of 2021.

Next move

He opened up his own bank called Beal Bank in Dallas and a second bank in Las Vegas. It has a return on assets rate many times its peers.

Next move

He started Beal Aerospace to build rockets to put satellites into orbit.




Personal life

First wife – two children

Second wife – four children

Two children with another partner

Personality

Unknown

Quotes from Andrew Beal

None

Quick read

Business man who graduated from refurbishing and selling televisions into flipping properties and then into banking and aerospace.




Lessons to be learnt

Lesson 1

Like Elon Musk, Beal has kept reinvesting his money into several different industries

Lesson 2

He is reasonably private. I would guess he is not a household name even in the USA. This is the ultimate situation – to be able to enjoy your life privately while being very wealthy.

Lesson 3

He is unafraid of taking risks. Starting a new bank and an aerospace company are two very difficult tasks.




Related people

None

As of 2020, Andrew Beal’s net worth is estimated to be $9 Billion dollars.

Love him or hate him, is your net worth less than or greater than Andrew Beal’s net worth? Get involved in property development to start growing your net worth




 

 

David Whitehorn
David Whitehorn
David is a full time staff writer for the property development course. He is a property investor rather than property developer and has a portfolio of several properties and growing. He loves creating content especially anything Celebrity and Net Worth driven. He enjoys swimming, tennis and Saturday night drinks