View Single Post
  #1  
Old 03-12-2006, 03:41 PM
Bud Light Bud Light is offline
Senior Member
 
Join Date: Nov 2005
Posts: 215
Default 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.
Reply With Quote