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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, the hedge-fund manager who spooked some investors last month when he said he was “nervous” about the markets, said many of his concerns have been “alleviated” thanks to the ECB’s unorthodox moves. Mr. Tepper, who runs $20 billion ...
Posted: June 5, 2014, 3:16 pm
Every quarter, large money-managers have to disclose what they've bought and sold via "13F" filings. While Fools don't always (or even usually) follow what the big money does, we can often glean an idea or two by tracing their footsteps. Over the past ...
Posted: May 21, 2014, 4:21 pm
David Tepper, the wildly successful hedge-fund manager who earned $3.5 billion helming his Appaloosa Management firm to an estimated 42% return in 2013, is getting nervous. While Tepper isn’t forecasting a crash, the tone of caution was noteworthy from a ...
Posted: May 14, 2014, 6:54 pm
Last month David Tepper spoke at one of the biggest hedge fund conferences of the year, SALT Las Vegas. He told the crowd, "I am nervous, I think it's nervous time." Now, according to CNBC's Kate Kelly, it seems that Tepper thinks we're out of the woods ...
Posted: June 5, 2014, 8:15 am
What going to happen to the former estate of Jon Corzine? Depending on how you look at it, hedge funder David Tepper is really a happy guy or sad. After ending his marriage of almost 30 years, David Tepper may have emotional misgivings. But then again ...
Posted: June 10, 2014, 8:40 am
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