David Tepper Net Worth

David Tepper Net Worth : $7.9 Billion

David Tepper is a renowned American hedge fund manager. He was born and raised in Pennsylvania. His mother, Roberta, was an elementary school teacher, and his father worked as an accountant. The financial guru has an impressive academic pedigree. In 1978, he graduated with a Bachelor of Arts Degree in Economics from The University of Pittsburgh. 

david tepper net worth

He also holds an MBA in Business Administration from Carnegie Mellon University. After graduation, he worked as a credit analyst for Equibank. In 1993, he co-founded the Appaloosa Management hedge fund that specializes in distress debts and other debt securities. The hedge fund has been a massive success with over $20 billion in assets under its management. 

In 2012, he was named the highest paid hedge fund manager. David Tepper continues to set higher standards for hedge fund managers with his phenomenal track record. As his bank account figures skyrockets, so does Tepper’s philanthropy. In 2006, he donated $1 million in support of the Israel Emergency Campaign. 

He has also donated a total of $125 million to his alma mater Carnegie Mellon University, which has the Tepper School of business named after him. His net worth of $7.9 billion is nothing to scoff at.

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)