No. 82United States
David Tepper
Hedge funds · Palm Beach, Florida
Net worth
$28.5B
Today
$00.00%Past month
$00.00%As of Nov 11, 2026, 1:50 PM EST
David Tepper, arguably the greatest hedge fund manager of his generation, founded Appaloosa Management in 1993. Tepper has been returning client assets over the last decade, and Appaloosa's $17 billion under management now is primarily his own personal capital. He decided to move from New Jersey to Florida in 2016 and relocated his hedge fund firm there. Tepper bought the Carolina Panthers NFL team in 2018 in a $2.3 billion deal. Once the head of the junk bond desk at Goldman Sachs, he left after being passed over for partner to start Appaloosa.
Net worth over time
0.00%+$0 over the past month
$29B$29B$29B
Oct 12Nov 10
Principal holdings
1 positions| Company | Industry | Share | Value |
|---|---|---|---|
Private holdings | Finance & Investments | 100.0% | $28.5B |
Also known for
- Tepper gifted $67 million to Carnegie Mellon University, sponsoring the David Tepper Quadrangle, a building aiming to create a collaborative learning environment.
“I am the animal at the head of the pack. I generally am. I either get eaten or I get the good grass.”