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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

Tepper's Appaloosa Fund Continues Bet on Drug Companies in Q4 2016 (PFE, MYL)

According to the most recent 13-F filing, which details holdings information for the final quarter of 2016, David Tepper decided to make some significant changes to his portfolio in recent months. Tepper's Appaloosa Management, which is obligated to report ...
Posted: February 14, 2017, 9:00 pm

David Tepper Increases Wagers On Drug Companies

Hedge-fund manager David Tepper ramped up some bets on pharmaceutical companies in the fourth quarter while dialing back his exposure to technology darling Apple Inc. Mr. Tepper’s Appaloosa Management bought new stakes in Pfizer Inc. and Mylan NV while ...
Posted: February 14, 2017, 3:44 pm

A Billionaire Recently Bought Pfizer Stock -- and So Did I

If you combined hedge fund investor David Tepper's net worth with mine, you'd have around $11 billion. Of course, Tepper is a multibillionaire ranked as one of the wealthiest people in the U.S. Let's just say his contribution to our combined net worth is a ...
Posted: February 19, 2017, 7:15 am

Here We Go Again: David Tepper Takes New Position in $JCP

Here are some of his other moves. It looks like David is betting big on pharma, which is a reasonable thing to do in light of its wretched pullback over the past year or so.
Posted: February 14, 2017, 8:14 pm

David Tepper Invests Heavily in Pharma in 4th Quarter

David Tepper (Trades, Portfolio), founder and president of Appaloosa Management, purchased new holdings in pharmaceutical companies in the final quarter of 2016. Tepper founded his firm in 1993. Over the course of his career, he has gained international ...
Posted: February 16, 2017, 9:16 am
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