David Tepper Biography

letter-spacing: 0.4px; line-height: 28px; padding-bottom: 24px;"> David Tepper is the Founder and President of Appaloosa Management. A well-known name in investment circles in United States, David is a hedge fund manager. He invests in ‘distress companies’.

BREAKING DOWN 'David Tepper' David Tepper was born in Pittsburgh, Pennsylvania on September 11, 1957. He graduated from the University of Pittsburgh in 1978 with a degree in Economics. He earned his MBA in 1982 from what is now known as the David A. Tepper School of Business at Carnegie Mellon University.

Although his incredible personal wealth is an indication of just how successful Tepper is, few people realize that he has actually been the single most successful investor in the country at several points in his career.

In 2009, the New York Times reported that Tepper was the country’s highest-earning hedge fund manager. This feat was repeated in 2012, when Forbes ranked him as the top earner for 2012. His success has earned him several awards and has placed him in a lofty category as one of the most successful figures in the investment world.

David Tepper was born on September 11, 1957 in the East-end of Pittsburgh, Pennsylvania to Jewish parents Harry and Roberta Tepper. His father was an accountant and his mother an elementary school teacher.

Tepper went to the Peabody High School in Pittsburgh. He graduated with honors in Economics from the University of Pittsburgh. He started experimenting in the investment sector from a very young age. Tepper did his MS in Industrial Administration from Carnegie Mellon University.

David Tepper is known for his work on Rat Race (2001) and The King of Queens (1998).

David Tepper Net worth

11 billion USD

2018