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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
Last month, investor David Tepper stated that he had reduced his position in technology heavyweight Apple (AAPL) because he was concerned about China's border adjustment tax.
Posted: April 12, 2017, 6:18 am
When hedge fund titans George Soros, Carl Icahn and David Tepper reveal that they've switched from buyers to sellers, billions of dollars can follow their lead, shifting markets dramatically. But in the grand scheme of things they're small fry. Kathleen ...
Posted: April 13, 2017, 8:10 pm
David Tepper shared his favorite stock picks along with his views on the market environment during a recent interview with CNBC. He highlighted his interest in some pharmaceutical companies such as Allergan (AGN) and Pfizer (PFE). Receive e-mail alerts ...
Posted: March 14, 2017, 2:58 am
‘I’m more concerned today about political risk than ever’: Global turmoil has insurers wringing their hands
That’s a view echoed by top hedge fund managers including Appaloosa Management’s David Tepper and Bridgewater Associates’ Ray Dalio, who, in a 61-page paper published in March, said populism could be a greater force in shaping markets over the next ...
Posted: April 18, 2017, 10:16 am
Will Hedge Fund Millionaires Flee South If They Face Higher Taxes? Wall Street Fights Move To Close Loophole
But that’s what billionaire hedge fund manager David Tepper did in late 2015, moving from New Jersey to Florida, which doesn’t have a state income tax. By moving, Tepper saved himself — and cost New Jersey — hundreds of millions of dollars in tax ...
Posted: April 25, 2017, 3:00 am
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