Andy Beal is self-taught in numbers theory mathematics. In 1993, he publicly stated a new mathematical hypothesis that is a generalization of Fermat’s Last Theorem. His theory has become known as the Beal Conjecture. The conjecture has been widely accepted as correct among the academic community.
To encourage a solution, Mr. Beal has personally funded a standing prize of $1,000,000 for the proof or disproof of the Beal Conjecture. The funds are held in trust by the American Mathematical Society, and an informational website on the Beal Conjecture is hosted by the University of North Texas.
The Beal Conjecture prize remains unclaimed.
For more information on the increase in the prize to $1,000,000, please click here.