David Tepper Biography: Net Worth, Hedge Fund Career, Sports Ownership and Personal Life
David Tepper is an American billionaire hedge fund manager and founder of Appaloosa Management. He also owns the Carolina Panthers of the NFL and Charlotte FC of Major League Soccer. His estimated net worth is between $23.7 billion and $25.4 billion. Born in Pittsburgh on September 11, 1957, Tepper studied economics at the University of Pittsburgh before earning a business degree from Carnegie Mellon University. He began his finance career as a credit analyst and later built Appaloosa Management into one of the world’s most successful hedge funds. Tepper has made major donations to Carnegie Mellon, the University of Pittsburgh and other institutions. His personal life has also drawn attention, including his 2016 move from New Jersey to Florida and his later return to New Jersey for family reasons. He was previously married to Marlene Resnick, with whom he has three children, and married Nicole Bronish in 2019.
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