Story
David Alan Tepper (born September 11, 1957) is a highly regarded businessman and investor, widely recognized for his billionaire status and notable contributions to the world of finance.
As founder Appaloosa Managementa prominent hedge fund headquartered in Miami Beach, Florida, Tepper serves as president and hedge fund manager.
David Tepper’s expertise is strategic investing in global equities, fixed income and currencies. His success in the financial industry can be attributed to his highly effective investment strategy, cementing his position as a respected figure in the field.
Professional American businessman
David Tepper |
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 David Tepper: History ‧ Bio ‧ Photos |
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| Wiki Info & About Data | |
| First and last name: | David Alan Tepper |
| Stage name: | David Tepper |
| Born: | September 11, 1957 (66 years old) |
| Place of birth: | Pittsburgh, Pennsylvania, USA |
| Nationality: | American |
| Education: | University of Pittsburgh (BA); Carnegie Mellon University (MSIA) |
| Height: | 1.75 m |
| Parents: | Harry Tepper, Roberta Tepper |
| Siblings: | Scott Tepper, Sheryl Weitman |
| Couple: | Nicole Tepper (m. 2019), Marlene Resnick Tepper (m. 1986–2016) |
| Girlfriend • Partner: | do not apply |
| Children: | Brian Tepper, Casey Tepper, Randi Tepper |
| Job: | Investors • Entrepreneurs |
| Net value: | 16.7 billion USD-20.6 billion USD |
Early Life & Education
David Tepper, a highly successful business professional, was born on September 11, 1957 in vibrant Pittsburgh, Pennsylvania. Coming from a loving family, David was the second of three children born to Harry Tepper, a diligent accountant, and Roberta Tepper, a dedicated elementary school teacher.
Raised in the close-knit Stanton Heights neighborhood of Pittsburgh’s East End, David was raised in a Jewish family that instilled strong values and a sense of community. He has two siblings, Scott Tepper and Sheryl Weitman.
Education played an important role in his upbringing as David Tepper attended Peabody High School before embarking on a rich learning journey at Carnegie Mellon University, where he graduated with honors. He also holds a bachelor’s degree from University of Pittsburgh.
Career
David Tepper began his professional journey after graduating from a prestigious university University of Pittsburghgot a bachelor’s degree in economics and then got an MBA from Carnegie Mellon. His rapid rise at Goldman Sachs culminated in his leadership of the high-yield debt division, where he received acclaim for his deep understanding and mastery of handling distressed assets. .
Although facing disappointment at not landing a partnership at Goldman Sachs, Tepper seized the opportunity in 1993. Joining forces with colleague Jack Walton, he co-founded Appaloosa Management. The firm’s initial focus is on identifying undervalued companies and turnaround prospects, leveraging Tepper’s extensive knowledge of distressed debt. Over time, Tepper shifted to a hands-on approach, actively driving strategic and operational transformations in the underperforming companies he invested in.
David Tepper’s proactive involvement has resulted in significant growth in shareholder value for companies such as Time Warner, Yahoo and Weatherford International. Appaloosa Management consistently delivered notable investment returns, solidifying Tepper’s position as an industry-leading hedge fund manager. In addition to finances, Tepper also diversified his portfolio as owner of the Carolina Panthers in the National Football League and Charlotte FC in Major League Soccer.
Social Media
David Tepper does not have social media management rights.
Personal life
David Tepper, 66, a prominent figure in the financial industry, married Marlene Resnick Tepper in 1986. The couple had three children named Brian Tepper, Casey Tepper and Randi Tepper during their marriage .
As time passed, their marriage lasted an impressive three decades before finally divorcing in 2016. However, life had more surprises in store for David Tepper as he began a new chapter in 2019 when he married Nicole Bronish, also known as Nicole Tepper, after a significant period in a committed relationship.
Net value
David Tepper, the brilliant mind behind Appaloosa Managementa highly successful hedge fund, rumored to have a staggering net worth ranging from $16.7 billion to a staggering $20.6 billion.
The exact value of his assets varies according to various sources. However, there is no doubt that Tepper certainly ranks among the elite group of wealthiest individuals on this planet.
