David Tepper

David Tepper is known as an American billionaire businessman, hedge fund manager, and philanthropist. He is most famous for being the owner of the Carolina Panthers of the National Football League.

Background and Age

David Alan Tepper was born on September 11, 1957 in Pittsburgh, PA. He was born to Jewish guardians Harry and Roberta Tepper. His father was a bookkeeper and his mom a grade school teacher. Tepper went to the Peabody High School in Pittsburgh. He graduated with distinction in Economics from the University of Pittsburgh. He started learning about investments from an exceptionally youthful age. Tepper did his MS in Industrial Administration from Carnegie Mellon University.

Married, Wife and Kids

David Tepper is married to Marlene Tepper. The couple is honored with three children named Brian, Casey, and Randi. Tepper appreciates baseball, softball and soccer. He coached his children's school sports groups in these games.

Career and Net Worth

Tepper started his career with Equibank as a credit expert in the Treasury Department. He joined the Treasury Department at Republic Steel of Ohio on the culmination of his MS studies. Tepper worked at Keystone Mutual Funds, Boston. Tepper joined Goldman Sachs and turned into a part of their high yield gathering. He worked in their New York office as a credit examiner. He had the skill of getting upset organizations and transforming them into profitable ventures. His ascent in Goldman Sachs was fleeting. He was promoted to the head broker on the high-yield work area inside only a half year. Tepper worked with Goldman Sachs for eight long years. Tepper started his own undertaking, Appaloosa Management in 1993. He made a slaughter when he produced an arrival of 61% on upset bonds. His business intuition and adroit nature earned him colossal profits. He was a name to deal with in the venture world.

The New York Times commended Tepper's bewildering achievement and named him "the Top Earning Hedge Fund Manager of 2009". He won the Institutional Hedge Fund Firm of the Year grant in 2011. Tepper was evaluated as top procuring fence investments director for 2012 by Forbes.

In November 2019, the Carolina Panthers owner David Tepper started to think about ending the relationship with coach Ron Rivera, after a home loss to a two-win Atlanta group. Pursued by a gathering of sports writers, he said long stretch unremarkableness wouldn't go on without some consequences. Two days after a 29-21 home loss to a two-win Washington bunch increased Carolina's losing streak to four, he pulled the trigger and terminated Rivera.