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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
Appaloosa Management founder David Tepper, whose pronouncements are often market-moving, is telling investors he remains cautious on the stock market heading into the final weeks before the presidential election. Tepper is currently somewhat long the stock ...
Posted: October 14, 2016, 11:09 am
David Tepper, the CEO and founder of the hedge fund Appaloosa Management, is not one for mincing words. And in a wide-ranging interview with CNBC's Scott Wapner on Monday, he had some choice words for one of the presidential candidates. "You have one ...
Posted: October 17, 2016, 1:40 pm
Billionaire hedge-fund manager David Tepper doesn’t see a lot of upside for stocks as investors await the outcome of the November elections. “Depending on the outcome of the election, the market can move different ways,” the founder of Appaloosa ...
Posted: October 16, 2016, 10:09 pm
When Tepper spoke in the interview about his current stance on the market (VFINX) (QQQ), he said there are more uncertainties in the market and that the market should be “pretty cautious.” Various upcoming events can create increased volatility and ...
Posted: October 21, 2016, 10:58 am
The Trump campaign’s relationship with hedge funds and the people who run them has been as predictably batshit and resistant to logic as almost everything else involving the Trump campaign. But as Reuters reported yesterday, that doesn’t mean hedge ...
Posted: October 18, 2016, 12:34 pm
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