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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
Tepper purchased 3,553,207 shares of Micron Technology, a 1.69% portfolio holding. The first quarter average price was $30 per share. Micron Technology Inc. was incorporated in October 1978. Micron Technology Inc. has a market cap of $28.48 billion; its ...
Posted: May 15, 2015, 10:00 pm
Famed investor David Tepper's hedge fund Appaloosa Management disclosed in a regulatory filing that the value of its equity holdings jumped 40% to $5.7 billion during the first quarter, after slashing it by 40% during the fourth quarter. Among some of ...
Posted: May 15, 2015, 5:07 pm
David Tepper’s Appaloosa Management LP added to its stock exposure in the first quarter, adding to its investments in exchange-traded funds while also increasing its position in General Motors Co., where it has been a longtime shareholder. The Short ...
Posted: May 15, 2015, 2:12 pm
David Tepper's Top 5 First-Quarter Stock Buys (GuruFocus) David Tepper’s Appaloosa Management recently filed its first quarter Form 13F disclosing its long equity positions as of March 31. According to the document, the portfolio increased its value by ...
Posted: May 18, 2015, 7:55 am
David Tepper’s Appaloosa Management recently filed its first quarter Form 13F disclosing its long equity positions as of March 31. According to the document, the portfolio increased its value by roughly 40 percent over the quarter, from $4 billion to $5 ...
Posted: May 18, 2015, 5:22 am
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