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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
TerraForm Power, formerly SunEdison Yieldco, is a renewable energy development company that owns and runs power generation assets. Year-to-date, Terraform Power’s stock is down by 28.3%. Recently, Goldman Sachs and Bank of America, reiterated their ...
Posted: May 17, 2016, 9:02 am
Dalio, a billionaire, lives in Greenwich. Malloy also referenced the importance of keeping him in the state, noting the effect on New Jersey when billionaire hedge fund manager David Tepper moved from there to Florida. That resulted in a decrease in tax ...
Posted: May 29, 2016, 6:34 am
Billionaire investor David Tepper knows a thing or two about investing, and recently sat down with Forbes to discuss his outlook for the U.S. market and the Federal Reserve. According to Tepper, the Federal Reserve will be "very, very patient" in raising ...
Posted: May 16, 2016, 9:26 am
Business Insider UK explains that David Tepper has indeed dumped Apple, according to a filing with the SEC (via MacRumors). Tepper had previously held 1.26 million shares, last valued around $133 million, according to data from Bloomberg. Additionally ...
Posted: May 16, 2016, 6:05 am
David Tepper’s US long equity portfolio increased from $5.01B to $5.66B this quarter. Energy Transfer Partners is the largest individual stock position at 9.24% of the portfolio. Energy and Airlines are the two major themes in the overall portfolio.
Posted: May 21, 2016, 11:18 pm
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