How did David Tepper get his money?

David Alan Tepper is an American businessman and billionaire who owns a global hedge fund called Appaloosa Management.

David Tepper is the owner of the Charlotte Football Club in the Major League Soccer and Carolina Panthers of the National Football League.

David Tepper
David Tepper
Image Source: cnbc.com

David Tepper bagged a Bachelor’s degree in Economics from the University of Pittsburgh. The multi-businessman is a Master’s degree holder in Science in Industrial Administration from Carnegie Mellon University.

How did David Tepper get his money?

Some ten years ago, World Investor’s Alpha ranked David Tepper’s “Paycheck” as the world’s highest for a hedge fund manager.

David Tepper
David Tepper
Image Source: glusea.com

David Tepper is a great investor and businessman and he earns huge sums of money from his businesses and investments.

David Tepper’s “Paycheck” is one of the 25 highest-earning fund managers in 2013 and 2016. The Billionaire has invested in sports teams and is making huge sums of monies.

Charlotte Football Club in the Major League Soccer and the Carolina Panthers in the National Football League are great investments that provide huge sums of monies.

The major source of the wealth of David Tepper is the Appaloosa Management. David Tepper makes billions of dollars annually from the Appaloosa Management business. In the year 2009, Tepper made a whopping $7 billion profit from the Appaloosa Management fund, and in that profit, Tepper personally took home $4 billion of the profit.

ReportIt!: When you see news, ReportIt! » or an idea for a story we should cover?

Related Articles