David Tepper
President and Founder, Appaloosa Management
$20.59B
as of 07/05/24
About David Tepper
David Tepper, arguably the greatest hedge fund manager of his generation, founded Appaloosa Management in 1993.
Tepper has been returning client assets over the last decade, and Appaloosa's $15 billion under management now is primarily his own personal capital.
He decided to move from New Jersey to Florida in 2016 and relocated his hedge fund firm there.
In 2018, Tepper bought the Carolina Panthers professional football team in a $2.3 billion deal.
Once the head of the junk bond desk at Goldman Sachs, he left after being passed over for partner to start Appaloosa.
Personal stats
Citizenship
United States of AmericaSource of wealth
Hedge fundsResidence
Palm Beach, FloridaMarital status
MarriedBirth date
09/11/57 (age 66)Number of children
3Education
Master of Business Administration, David A. Tepper School of Business; Bachelor of Arts/Science, University of PittsburghSelf-made
self-madeDavid Tepper’s fortune is worth
343K
troy ounces of gold
317K
median U.S. household
206K
median U.S. income
0.412%
U.S. credit card volume
0.082%
GDP of the United States
0.061%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Tepper gifted $67 million to Carnegie Mellon University, sponsoring the David Tepper Quadrangle, a building aiming to create a collaborative learning environment.
Net worth over time
Real-time ranking
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