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David Tepper Net Worth is $5.1 Billion.David Tepper Net Worth is $5.1 Billion. David Tepper net worth: David Tepper is an American businessman and philanthropist with a net worth of $5.1 billion dollars which makes him one of the richest people in New Jersey. Born in Pittsburgh, Pennsylva David Alan Tepper is an American hedge fund manager and the founder of Appaloosa Management. His investment specialty is distressed companies. In recent years he's become known as a philanthropist, his largest gift going to Carnegie Mellon University, whose Tepper School of Business is named after him. He earned his BA in Economics from the University of Pittsburgh in 1978 and his MBA from Carnegie Mellon in 1982.
Tepper was raised in the East End of Pittsburgh in the city section known as Stanton Heights and attended Peabody High School in the East Liberty neighborhood of Pittsburgh, Pennsylvania. At the University of Pittsburgh he paid his way through school by working at the Frick Fine Arts library. He graduated with honors receiving his Bachelor of Arts degree in Economics. He also dabbled in the markets during college.
After graduation he entered the finance industry working for Equibank as a Credit Analyst in the Treasury...
David Tepper Latest News
David Tepper woke up this morning in Pittsburgh facing a day filled with promise for his Pennsylvania hometown. He would be announcing a $67 million donation to Carnegie Mellon University. Bringing his total gifts to more than $125 million, it ...
Posted: November 15, 2013, 6:39 pm
Hedge fund billionaire David Tepper once staked 67.5% of his portfolio in financial services stocks close to the height of the financial crisis of 2009. He has since eased off of that concentrated weighting considerably, but it is still his ...
Posted: September 20, 2013, 6:50 am
Hedge-fund manager David Tepper said he’s still optimistic about the stock market and concerns about a possible withdrawal of the Fed’s bond-buying program are overblown. “I’m definitely bullish,” Tepper, founder and president of ...
Posted: May 14, 2013, 7:02 am
A century ago, giants of America’s Gilded Age started the educational institutions that later became Carnegie Mellon University. On Friday, Carnegie Mellon will announce a major gift from a product of a new gilded age, the hedge fund ...
Posted: November 13, 2013, 4:00 pm
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Posted: March 11, 2014, 2:40 pm
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