Q:How much was the founder of Beal Aerospace worth as of April 2017?
Beal Aerospace Beal Aerospace was a launch vehicle development company, founded in February 1997 by Andrew Beal, president of Beal Bank in Dallas, Texas. The goal of the company was to build and operate a privately developed heavy lift orbital launch vehicle. It ceased operations on October 23, 2000.
Paul Singer (businessman) Paul Elliott Singer (born August 22, 1944) is an American hedge fund manager, activist investor, and philanthropist. His hedge fund, Elliott Management Corporation (EMC)—specializes in distressed debt acquisitions. Singer is also the founder and CEO of NML Capital Limited, a Cayman Islands-based offshore unit of Elliott Management Corporation. In 2017, "Forbes" rated Singer's net worth as $2.9 billion.