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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...
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David Tepper Latest News

Tracking David Tepper's Appaloosa Management Portfolio - Q2 2014 Update

This article is part of a series that provides an ongoing analysis of the changes made to David Tepper's US stock portfolio on a quarterly basis. It is based on Appaloosa Management's regulatory 13F Form filed on 08/14/2014. Please visit our Tracking David ...
Posted: August 20, 2014, 10:02 am

3 New Positions for David Tepper’s Appaloosa Management

David Tepper’s Appaloosa Management initiated 3 new holdings in 2Q which include: Mohawk Industries (MHK), Ryland Group (RYL) and Weatherford International (WFT) and got rid of its MetLife (MET) position. Mohawk is now 1.10% of the portfolio and was ...
Posted: August 21, 2014, 10:00 am

Hedge Fund News: David Tepper, Thomas Steyer & Brevan Howard

Summer for the well-heeled means posh, star-studded parties at the Hamptons, many for good causes, and the better the causes, the more high-profile the guests. When not making successful trades for his hedge fund, head of Appaloosa Management, Tepper was ...
Posted: August 19, 2014, 7:26 pm

CMU Selects Moore Ruble Yudell Architects & Planners To Design New Gateway Building For Tepper Quadrangle

PITTSBURGH, Aug. 28, 2014 -- /PRNewswire-USNewswire/ -- The David A. Tepper Quadrangle, an expansion initiative at Carnegie Mellon University aimed at creating a new model of integration across the campus' top-ranked academic disciplines, has reached ...
Posted: August 28, 2014, 2:31 pm

David Tepper Isn't Nervous Anymore

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
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