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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
David Tepper Teams Up With Brookfield Asset Management To Acquire SunEdison’s Stake In Terraform Power (TERP)
David Tepper‘s Appaloosa Management, along with Brookfield Asset Management Inc (NYSE:BAM), have set their eyes on Terraform Power Inc. (NASDAQ:TERP), having teamed up to bid for Sunedison Inc (OTCMKTS:SUNEQ)‘s controlling stake in the company.
Posted: July 23, 2016, 12:30 pm
Both Tepper and Einhorn hold a notable stake in General Motors. The gurus are also amongst the top guru shareholders of the stock with Einhorn being the second largest shareholder and Tepper being the sixth largest holder. As of the close of the third ...
Posted: December 23, 2013, 8:01 pm
Posted: July 19, 2016, 8:12 am
These include George Soros, Carl Icahn, Stan Druckenmiller, David Tepper and Jeff Gundlach. They warned the bull market may be halted by the occurrence of various risks and concerns. Due to the extreme volatility that markets experienced this year ...
Posted: July 17, 2016, 10:34 pm
The pitfalls of such over-reliance on high earners was on display earlier this year in New Jersey. When billionaire hedge fund manager David Tepper announced he was moving the Garden State to Florida, New Jersey budget officials warned that his departure ...
Posted: July 26, 2016, 1:01 pm
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