Andy Beal NOT a billionaire?
 

So I was perusing through the latest edition of the Forbes Billionaire List to see how I rank when I noticed that sometime donator to the Corporation, Andrew Beal, was not listed. It has been reported in various parts that Mr. Beal has a poker bankroll approaching $1 billion dollars. If that were true, he should be listed after Heinz Bauer on this page:

Forbes billionaire list sorted alphabetically by name

How much has Beal lost now to the Corporation? My rough guesstimate is that it's at least $50 million, which means Beal has lost at least 5% of his net worth to the Corporation.

Does anyone know how much Beal is actually worth? Maybe he is gambling with more of his personal fortune than some of us had previously thought.

As an aside, another thing I found interesting about the list is that the five Walton family members on the list are worth a combined $80 billion. To put that in perspective, the top man on the list, Bill Gates, is only worth $50 billion.

Re: Andy Beal NOT a billionaire?
 

ok...so he has $900 million

does it really matter??? he's loaded millions of times over

Re: Andy Beal NOT a billionaire?
 

But surely the more critical question is - is he a POKER player?

Re: Andy Beal NOT a billionaire?
 

It's clearly time for an "Andy Beal is BUSTO" thread.

Re: Andy Beal NOT a billionaire?
 

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It's clearly time for an "Andy Beal is BUSTO" thread.

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He's got a backing deal with Ross Perot.

Re: Andy Beal NOT a billionaire?
 

I doubt his poker bankroll is over a billion, meaning I doubt he'd sell off his entire company to continue playing heads up.

Re: Andy Beal NOT a billionaire?
 

You guess Bela has lost $50 mill to teh corperation? WTF. I must ahve missed something huge.

Re: Andy Beal NOT a billionaire?
 

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But surely the more critical question is - is he a POKER player?

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He's not a poker player.

Re: Andy Beal NOT a billionaire?
 

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It's clearly time for an "Andy Beal is BUSTO" thread.

[/ QUOTE ]

http://img204.imageshack.us/img204/3262/bealbank2xt.jpg

Re: Andy Beal NOT a billionaire?
 

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But surely the more critical question is - is he a POKER player?

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He's not a poker player.

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Are you sure? I heard he's a poker player with a bankroll of over one million dollars.

Re: Andy Beal NOT a billionaire?
 

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[ QUOTE ]
[ QUOTE ]
But surely the more critical question is - is he a POKER player?

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He's not a poker player.

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Are you sure? I heard he's a poker player with a bankroll of over one million dollars.

[/ QUOTE ]

I've heard that too.

Re: Andy Beal NOT a billionaire?
 

This is about as relevant as Vanilla Ice

Re: Andy Beal NOT a billionaire?
 

Andy Beal is a businessman based out of Dallas, Texas. He's not a billionaire, but is reportedly worth hundreds of millions of dollars. The bank he owns, Beal Bank, is private so his exact net worth is not known. He's not a professional poker player, but he does like to play high stakes limit heads up--normally 20,000/40,000 to 50,000/100,00 but up to 100,000/200,000. He plays against a group of the top pros in Vegas who combine their bankroll to play against him. It's estimated that he has lost about $50 million to them (Brunson, Harman, Forest, etc.). It was documented in a recent book by Michael Craig. I think it's titled The Banker, Professor, and Suicide King.

Re: Andy Beal NOT a billionaire?
 

who are the walton brothers?

Re: Andy Beal NOT a billionaire?
 

[ QUOTE ]
He's not a billionaire, but is reportedly worth hundreds of millions of dollars. The bank he owns, Beal Bank, is private so his exact net worth is not known.

[/ QUOTE ]

So are you saying his bankroll is at least $1 million?

Re: Andy Beal NOT a billionaire?
 

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who are the walton brothers?

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Wal Mart.

Re: Andy Beal NOT a billionaire?
 

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He's not a billionaire, but is reportedly worth hundreds of millions of dollars. The bank he owns, Beal Bank, is private so his exact net worth is not known.

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So are you saying his bankroll is at least $1 million?

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He doesn't have a bankroll. FWIW another reason you might not see him on forbes list is that everyone on that list submits information on their holdings that forbes verifies to put them on there. If you don't submit all they can go by is public filings.

Re: Andy Beal NOT a billionaire?
 

[ QUOTE ]
Andy Beal is a businessman based out of Dallas, Texas. He's not a billionaire, but is reportedly worth hundreds of millions of dollars. The bank he owns, Beal Bank, is private so his exact net worth is not known. He's not a professional poker player, but he does like to play high stakes limit heads up--normally 20,000/40,000 to 50,000/100,00 but up to 100,000/200,000. He plays against a group of the top pros in Vegas who combine their bankroll to play against him. It's estimated that he has lost about $50 million to them (Brunson, Harman, Forest, etc.). It was documented in a recent book by Michael Craig. I think it's titled The Banker, Professor, and Suicide King.

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I don't think I would deposit money into a bank that is privately owned by someone who is losing millions at poker.

Re: Andy Beal NOT a billionaire?
 

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It's clearly time for an "Andy Beal is BUSTO" thread.

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I heard that Party nailed him for having multiple accounts.

Re: Andy Beal NOT a billionaire?
 

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I don't think I would deposit money into a bank that is privately owned by someone who is losing millions at poker.

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FDIC.

Re: Andy Beal NOT a billionaire?
 

FDIC only covers 100k.

Re: Andy Beal NOT a billionaire?
 

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FDIC only covers 100k.

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i repeat:

http://img204.imageshack.us/img204/3262/bealbank2xt.jpg

Re: Andy Beal NOT a billionaire?
 

[ QUOTE ]
So I was perusing through the latest edition of the Forbes Billionaire List to see how I rank

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Paul Phillips? You're back?

Re: Andy Beal NOT a billionaire?
 

Beal has lost 26million over 4 years to the corp. If you read the report from This last match they just had you would see it says that at the begining of it Beal was down 20mil lifetime vs. the corp. then in end he left another 6mil down to ivey.

Re: Andy Beal NOT a billionaire?
 

[ QUOTE ]
FDIC only covers 100k.

[/ QUOTE ]If you have over a 100k in a checking or savings account then you aren't taking very good care of your money.

Re: Andy Beal NOT a billionaire?
 

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who are the walton brothers?

[/ QUOTE ]John-Boy, Jason, Ben, and Jim-Bob.

Re: Andy Beal NOT a billionaire?
 

fdic covers 100% up to 100k then it covers a certain percentage around 90% for any additional money you may have in a bank.

Re: Andy Beal NOT a billionaire?
 

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who are the walton brothers?

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They own a couple of retail stores.

Re: Andy Beal NOT a billionaire?
 

[ QUOTE ]
[ QUOTE ]
FDIC only covers 100k.

[/ QUOTE ]If you have over a 100k in a checking or savings account then you aren't taking very good care of your money.

[/ QUOTE ]
True. You should keep it in the cage at the Bellagio.

Re: Andy Beal NOT a billionaire?
 

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But surely the more critical question is - is he a POKER player?

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He's not a poker player.

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Are you sure? I heard he's a poker player with a bankroll of over one million dollars.

[/ QUOTE ]

No sir. My sources inform me that Andy Beal is NOT A POKER PLAYER.

Re: Andy Beal NOT a billionaire?
 

Beal bets 200,000,000. Dikshit calls. Two players going to the flop, Dikshit covers.

Re: Andy Beal NOT a billionaire?
 

[ QUOTE ]
[ QUOTE ]
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[ QUOTE ]
But surely the more critical question is - is he a POKER player?

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He's not a poker player.

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Are you sure? I heard he's a poker player with a bankroll of over one million dollars.

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No sir. My sources inform me that Andy Beal is NOT A POKER PLAYER.

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You must be confusing him with poker player Andy Beal.

Re: Andy Beal NOT a billionaire?
 

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
But surely the more critical question is - is he a POKER player?

[/ QUOTE ]

He's not a poker player.

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Are you sure? I heard he's a poker player with a bankroll of over one million dollars.

[/ QUOTE ]

No sir. My sources inform me that Andy Beal is NOT A POKER PLAYER.

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You must be confusing him with poker player Andy Beal.

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Staring contest. You and me.

Re: Andy Beal NOT a billionaire?
 

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Staring contest. You and me.

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You win. You always do.