So, just who does this Andy Beal fellow think he is anyway?
Let’s review.
He thinks he’s a banker.
Check. He launched his eponymous Beal Bank, headquartered on the Tollway
at Arapaho, at the height—or, rather, depth—of the Texas S&L debacle.
For the past five years, the bank has averaged a net income of $50 million
on assets of $1.3 billion. He owns 99 percent of it.
He thinks he’s a successful businessman.
Check. See above, plus two decades’ worth of personal real estate dealings
in four states.
He thinks he’s a player in the esoteric game of number theory.
Check again. In 1997, using his bank’s computers, he started looking
into a problem closely tied to Fermat’s famous Last Theorem. When he announced
the problem’s existence, it became known in the tight-knit world of theoretical
mathematics as the Beal Conjecture.
He thinks he can build rockets. Whoa. Reality check.
He thinks he can build rockets?
Yes, he does. And he’s willing to put his assets where his ambitions
are.
Although he has no background in aerospace, aviation, engineering,
or any science, Beal is building a rocket in the Frisco plant he constructed
and maintains without a penny of outside investment.