$17 Billion         |         Rank #103

Who is David Tepper

Tepper’s Appaloosa Management hedge fund firm now manages nearly $13 billion, down from a peak of $20 billion.
He decided to move from New Jersey to Florida in 2016 and relocated his hedge fund firm there, but moved back to New Jersey in late 2020.
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 and founded Appaloosa Management in 1993. Coming from an average or middle class family, David Tepper is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 103 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 64.0 years old. As of today, David Tepper’s net worth is approximately 17 Billion.

Facts about David Tepper

To find out what is David Tepper Net Worth, how he got there and what is David Tepper Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of David Tepper

David Tepper was born on 11-09-57 in United States. Tepper, who grew up in Pittsburgh, went to Carnegie Mellon University and is a minority investor in the Pittsburgh Steelers. Tepper gifted $67 million to Carnegie Mellon University, sponsoring the David Tepper Quadrangle, a building aiming to create a collaborative learning environment. Being raised in the same country, David Tepper spent most of his time in Florida in the city of Palm Beach.

David Tepper net worth is estimated at 17 Billion Billion to date.

Professional Journey

David Tepper is currently working as President and Founder at the world famous Appaloosa Management. You will see him often in social media.  David Tepper, arguably the greatest hedge fund manager of his generation, has been steadily returning money to client investors in recent years. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. Tepper, who grew up in Pittsburgh, went to Carnegie Mellon University and is a minority investor in the Pittsburgh Steelers. In his youth, he was adventurous but unknown, but that was years ago. Tepper’s Appaloosa Management hedge fund firm now manages nearly $13 billion, down from a peak of $20 billion.
He decided to move from New Jersey to Florida in 2016 and relocated his hedge fund firm there, but moved back to New Jersey in late 2020.
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 and founded Appaloosa Management in 1993. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. David Tepper, arguably the greatest hedge fund manager of his generation, has been steadily returning money to client investors in recent years.
It is to be noted that David Tepper is one of the selfmade billionaires in the world and stands at 103 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about David Tepper:

How much is David Tepper worth?

David Tepper’s net worth is estimated to be 17 Billion.

How old is David Tepper?

David Tepper was born on 11-09-57, and is currently 64.0 years old.

What is David Tepper source of income?

David Tepper acquires most part of his wealth from hedge funds.
 

Concluding David Tepper Net Worth

Currently with a net worth of 17 Billion, David Tepper stands at 103 in the world billionaires list. And draws most of his wealth from hedge funds. Hope you like this information about David Tepper. If you like this, then please share it with your friends. This above post is all about the estimated worth of David Tepper. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of David Tepper. Actual worth may vary a little. You can always get information by checking out Leaktown.com.