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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

Why Does Billionaire David Tepper Benefit from Caesars' Bankruptcy? (CZR)

When TPG and Apollo agreed to release their equity stake, creditors including Tepper have noted that their claims on Caesars have jumped by a total of about $1 billion. The reason is that TPG and Apollo, as well as other investors in the failed casino ...
Posted: September 28, 2016, 2:18 pm

Appellate Court upholds conviction of ex-DuPage County employee

The Second District Appellate Court of Illinois has upheld the conviction of former Forest Preserve District of DuPage County IT employee David Tepper, 52, of River Forest, DuPage County State's Attorney Robert Berlin announced Sept. 30. On Oct. 1 ...
Posted: September 30, 2016, 2:08 pm

Tepper Legal Fight on $1.9 Billion SunEdison Deal Comes to Close

(Bloomberg) -- Billionaire David Tepper effectively won his legal battle over SunEdison Inc.’s proposed acquisition of rooftop solar installer Vivint Solar Inc. in March, when the $1.9 billion deal collapsed. The fight didn’t end until Tuesday.
Posted: September 30, 2016, 3:18 am

Court affirms conviction of ex-DuPage forest district IT director

DuPage Judge Liam Brennan on Friday ordered David Tepper, 52, to turn himself in to DuPage County jail on Oct. 11. Tepper also was ordered to pay $104,572 in court costs and fines. He has remained free pending the Appellate Court's ruling. "I would like to ...
Posted: September 30, 2016, 2:57 pm

Billionaire David Tepper Wins In Caesars Bankruptcy Deal As TPG, Apollo Avoid New Legal Battles

David Tepper, the billionaire founder of Appaloosa Management, is poised to gain the most from Caesars Entertainment's new bankruptcy plan as the gaming giant completes a multi-year restructuring after a disastrous bubble-era leveraged buyout. Tepper, who ...
Posted: September 27, 2016, 9:25 am
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