David Tepper Net Worth

How much is David Tepper Worth?

in Richest BusinessWall Street
David Tepper Net Worth:
$12 Billion

David Tepper net worth and salary: David Tepper is an American businessman and philanthropist who has net worth of $12 billion dollars which makes him one of the richest people in New Jersey. Born in Pittsburgh, Pennsylvania, David Tepper graduated from the University of Pittsburgh, and then earned his M.B.A. from Carnegie Mellon University. He began his professional career in finance, working for Equibank. After completing his Masters, he began working for Republic Steel. He began working for Keystone Mutual Funds in the mid-80s. This led to a job offer from Goldman-Sachs, where he worked for eight years, ultimately ascending to head trader on a high-yield desk. He founded his own company, Appaloosa Management in 1993. Appaloosa Management has stayed afloat relatively well compared to other companies during the current economic downturn. In 2011, he reportedly sold interests in Yahoo, Pfizer, HP, and Bank of America, and purchased additional stakes in oil refineries and General Motors. He also gave $7 million to various food banks, and gave $55 million to Carnegie Mellon's business school. David Tepper's net worth makes him one of the richest sports team owners on the planet.

David Tepper ATM Receipt: Tepper is perhaps most famous for withdrawing $400 from an ATM in the Hamptons and accidentally leaving the receipt. The next person who used the ATM found his receipt and noticed his account balance was close to $100 million! The ATM receipt was posted on the internet and became sensation:

David Tepper ATM Receipt

David Tepper Net Worth


David Tepper Net Worth

David Tepper

Net Worth:$12 Billion
Date of Birth:Sep 11, 1957 (63 years old)
Profession:Businessperson, Investor
Nationality:United States of America
Last Updated:2019
All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. The results are fact checked and confirmed by a team of editors and industry insiders. We work diligently to ensure that our numbers are the most accurate celebrity net worth data you will find anywhere on the internet.
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