David Tepper

Biography:

David Tepper is the founder and president of Appaloosa Management, a hedge fund based in Florida. He created the company in 1993, and his fund has become one of the most noted in the industry.

Before becoming the founder of Appaloosa Management, Tepper was the head of the junk bond desk at Goldman Sachs but left when he was passed over for partner.

While Tepper’s Appaloosa Management currently manages an impressive $13 billion, that is down from its peak at $20 billion.

To add to his portfolio, in 2018, Tepper purchased the Carolina Panthers for $2.3 billion.

Why He’s a Top Money Expert:

David Tepper is one of the most successful investors of his generation. His hedge fund, Appaloosa Management L.P., has consistently outperformed industry peers and the broader global markets since its inception.