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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
Hey big spender! Meet the financier who made $2.2BILLION last year - topping new list of the world's richest hedge fund managers
David Tepper, the owner of Appaloosa Management, earned a staggering $2.2billion last year List of 25 top-earning hedge fund managers together make $14.14billion List compiled by Institutional Investor's Alpha, a news magazine serving the hedge fund ...
Posted: April 15, 2013, 7:22 am
2016 INSIDERINSIGHTS.COM DAILY ROUND UP 1: Sq, ns, dkl, fb 2016 Tracking Ruane, Cunniff & Goldfarb's Portfolio - Q3 2016 Update 2016 Tracking Stephen Mandel's Lone Pine Capital Portfolio - Q3 2016 Update 2016 Tracking David Tepper's Appaloosa Management ...
Posted: January 10, 2017, 5:58 am
Hedge fund billionaire David Tepper told CNBC on Monday he is "pretty cautious" on the market right now. In an interview with Scott Wapner on "Halftime Report," the founder of Appaloosa Management said the current environment is "difficult" but hedge funds ...
Posted: October 17, 2016, 5:43 am
Forbes has been studying the great wealth creators of our time for more than 98 years and what’s been clear is that the world’s richest have amassed their wealth by thinking differently and acting differently than the typical investor. This week Nathan ...
Posted: May 12, 2016, 5:00 pm
3. BEWARE THE EMBEDDED MACRO BETS IN A STOCK. · David Tepper frequently preaches this: investors often ignore the embedded macro bets they are making. For example, consumer staples today trade at 20-25x earnings despite flat top line and mediocre earnings ...
Posted: January 19, 2017, 9:55 am
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