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    Billionaire Andy Beal in Another High Stakes Poker Battle-Divorce

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    Denise Subramaniam
    Billionaire Andy Beal is famous for taking on poker pros in high stakes poker games between 2001-2006, winning some and losing some. He is now in another high stakes situation as his wife Simona is divorcing him and seeking $5 billion in damages, alleging he was unfaithful. Andy denies the allegations and says the divorce claims are just an attempt to extort money from him. This divorce battle could end up being Beal's highest stakes challenge yet, far surpassing any losses from his famous poker matches.

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    Billionaire Andy Beal in Another High Stakes Poker Battle-Divorce

    Uploaded by

    Denise Subramaniam
    362 views1 page
    Billionaire Andy Beal is famous for taking on poker pros in high stakes poker games between 2001-2006, winning some and losing some. He is now in another high stakes situation as his wife Simona is divorcing him and seeking $5 billion in damages, alleging he was unfaithful. Andy denies the allegations and says the divorce claims are just an attempt to extort money from him. This divorce battle could end up being Beal's highest stakes challenge yet, far surpassing any losses from his famous poker matches.

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    Billionaire Andy Beal is famous for taking on poker pros in high stakes poker games between 2001-2006, winning some and losing some. He is now in another high stakes situation as his wife Simona is divorcing him and seeking $5 billion in damages, alleging he was unfaithful. Andy denies the allegations and says the divorce claims are just an attempt to extort money from him. This divorce battle could end up being Beal's highest stakes challenge yet, far surpassing any losses from his famous poker matches.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    362 views1 page

    Billionaire Andy Beal in Another High Stakes Poker Battle-Divorce

    Uploaded by

    Denise Subramaniam
    Billionaire Andy Beal is famous for taking on poker pros in high stakes poker games between 2001-2006, winning some and losing some. He is now in another high stakes situation as his wife Simona is divorcing him and seeking $5 billion in damages, alleging he was unfaithful. Andy denies the allegations and says the divorce claims are just an attempt to extort money from him. This divorce battle could end up being Beal's highest stakes challenge yet, far surpassing any losses from his famous poker matches.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    http://www.onlinepoker.

    net/poker-news/general-poker-news/billionaire-andy-beal-high-stakes-poker-battle/8667

    Billionaire Andy Beal In Another High Stakes Poker Battle
    December 10th, 2010 Author: A. Mitchell

    In the poker world, billionaire and richest man in Dallas Andy Beal is
    famous for having taken on a syndicate of poker pros known as The
    Corporation, in a series of ultra high stakes heads-up poker games
    between 2001 and 2006.
    Now Beal, 58, is involved in a game of high stakes poker, this time with
    his wife who is filing for divorce and seeking $5 billion in damages and
    asking that exemplary damages be awarded to the tune of $15 billion.
    When the Texas-based billionaire took on The Corporation, part of his
    plan involved raising the table stakes so high as to take his poker
    opponents out of their comfort zones thereby affecting the standard of
    their play.
    Then, Beal whose net worth is estimated by Forbes as $6 billion was never really concerned at what he might
    have lost as it was unlikely to even scratch the surface of his vast fortune.
    The stakes now, however, couldnt be higher as the married couple of 14 years with four children now battle it
    out to reach some kind of equitable arrangement. Andy Beals lawyer Rod Phelan summed thing up when he
    stated recently:
    At bottom, this case is a divorce case. The issue is about money.
    Simona Beal has already made damming allegations against her husband as their battle continues, which Andy
    Beal tried to counter by stating
    I have been faithful to my wife throughout our marriage..Wild claims like this are made only after threats and
    demands fail. My wifes lawyer filed this case after we rejected his demands in the divorce case. We will not
    succumb to blackmail or extortion.
    In the past, Maths genius Andy Beal famously took on The Corporation , which included such players as
    Doyle Brunson, Chip Reese, Phil Ivey, Barry Greenstein, Chau Giang, and many others.
    Between February 1215th, 2006, Beal cleaned out the The Corporation after winning their entire stake and
    walking away with $13.6 million from his specified $50,000/$100,000 Limit Texas hold em heads up
    encounter.
    However, that wasnt the end of that as the game resumed a week later, this time with Phil Ivey representing the
    syndicate of pros. Over the next three days, Beal proceeded to lose $16.6 million to Ivey before leaving the
    game and promising to quit poker forever.
    That was indeed the last time Beal faced The Corporation but the money he lost then now seems quite trivial
    compared to what his divorce settlement to Simona Beal could end up costing him.

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