David Tepper
$23.7B
Details
- Born
- September 11, 1957 (age 68) in Pittsburgh, Pennsylvania
- UID
- p-davidtepper
Education
BA, University of Pittsburgh (1978); MBA, Carnegie Mellon University (1982)
Background
- Born: September 11, 1957 (age 68) in Pittsburgh, Pennsylvania - Education: BA, University of Pittsburgh (1978); MBA, Carnegie Mellon University (1982) - Career: Head of junk bond desk at Goldman Sachs; left after being passed over for partner; founded Appaloosa in 1993 with Jack Walton - Named "arguably the greatest hedge fund manager of his generation" by Forbes - Earned $4 billion in 2009, becoming the world's highest-paid hedge fund manager that year
Board Seats
Carolina Panthers (Owner)Charlotte FC (Owner)Pittsburgh Steelers (Former 5% owner, 2009-2018)
Philanthropy
Giving Pledge Signatory(Not a signatory)
Focus Areas
Carnegie Mellon University: $125+ million total donations$55 million (2004) - GSIA renamed David A. Tepper School of Business$67 million (2013) - David A. Tepper QuadrangleThe David and Nicole Tepper Foundation (with current wife)$10 million to Carolina food banks$5 million to University of South Carolina sports management program$2 million to The Umbrella Center (Charlotte abuse survivors)$100,000 to Texas flood relief (2025)Annual "Joy to the Carolinas" holiday charity eventsThe Tepper Foundation (founded 1996)
Network
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Relationship Strength
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Related Organizations
Appaloosa ManagementHedge Fund / Family Office Hybrid
OWNSAppaloosa Management LPHedge Fund (Distressed Debt / Event-Driven)
OWNSCarolina Panthers (Owner)Board
BOARD_SEATCharlotte FC (Owner)Board
BOARD_SEATPhilanthropy: The Tepper Foundation (education, poverty relief); David and Nicole Tepper Foundation (Carolinas-focused); $125M+ to Carnegie Mellon University; Not a Giving Pledge signatoryBoard
BOARD_SEATPittsburgh Steelers (Former 5% owner, 2009-2018)Board
BOARD_SEATFamily
5 family members