David Tepper Biography: Age, Parents, Wife, Children, Net Worth

David Tepper is an American billionaire hedge fund manager. He holds ownership of the Carolina Panthers in the National Football League (NFL) and Charlotte FC in Major League Soccer (MLS).

Wiki

Name:David Alan Tepper
Age:66 years
Wife:Nicole Bronish
Date of Birth:September 11, 1957
Nationality:American
Net Worth:$20.6 million

David Tepper Biography

Born on September 11, 1957, he attained a bachelor’s degree in economics from the University of Pittsburgh in 1978 and an MBA from Carnegie Mellon University in 1982. Notably, in 2013, he made a substantial donation of $67 million to Carnegie Mellon, resulting in the naming of the Tepper School of Business in his honor.

David Tepper Age

As of November 2023, he was 66 years old.

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David Tepper Parents

His parents are Harry Tepper and Roberta Tepper.

David Tepper Career

Tepper’s early years involved playing football and absorbing baseball statistics from his grandfather’s cards, indicative of his later-claimed photographic memory. In a candid 2018 commencement address, he revealed a history of physical abuse by his father. He attended Peabody High School and the University of Pittsburgh, working at the Frick Fine Arts library to support himself. Despite setbacks with his initial investments, Tepper graduated with honors in economics.

Beginning his career in finance, Tepper worked as a credit analyst for Equibank and pursued further studies at Carnegie Mellon University’s business school, earning an MBA in 1982. His professional journey included roles at Republic Steel, Keystone Mutual Funds, and ultimately Goldman Sachs, where he played a pivotal role in the aftermath of the 1987 stock market crash.

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In 1993, Tepper founded Appaloosa Management after leaving Goldman Sachs. Over the years, he gained recognition for successful investments, notably achieving significant profits during the 2009 financial crisis. His bold investment strategies, including ventures into distressed bonds and high-risk companies, contributed to his status as one of the highest-earning hedge fund managers.

In addition to his financial endeavors, Tepper has made significant contributions to the sports world. He acquired a stake in the Pittsburgh Steelers in 2009 and later purchased the Carolina Panthers in 2018. His involvement in Major League Soccer led to the creation of Charlotte FC, which began playing in 2022.

Beyond finance and sports, Tepper has engaged in philanthropy and political activities. His donations to educational institutions like Carnegie Mellon and the University of Pittsburgh, as well as his involvement in political campaigns and charitable efforts, underscore his commitment to making a positive impact.

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David Tepper Wife

He is married to Nicole Tepper.

David Tepper Children

He has three children – Brian Tepper, Casey Tepper, and Randi Tepper.

David Tepper Net Worth

According to Forbes, he has an estimated net worth of $20.6 billion.

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