Track the Appaloosa founder's earnings in real-time
David Tepper, founder of Appaloosa Management and owner of the Carolina Panthers, has amassed a fortune of approximately $18.5 billion through his legendary investing prowess. His hedge fund has delivered exceptional returns, averaging around 25% annually since its founding in 1993—making it one of the most successful investment firms in history. Tepper is particularly known for his contrarian approach and brilliant market timing, including his famous bet on financial stocks during the 2008 crisis that netted billions in profits. Though he's now converted Appaloosa into a family office, his investments continue to generate an estimated $1.2 billion annually through market gains and existing positions. Despite signing the Giving Pledge to donate the majority of his wealth, Tepper's fortune continues to grow significantly each year through his exceptional investing acumen.
Based on estimated annual earnings of $1.2 billion
Tepper started Appaloosa Management with just $57 million in 1993 after leaving Goldman Sachs, where he was passed over for partnership despite his trading success.
In 2009, Tepper earned approximately $4 billion personally in a single year by betting on the recovery of financial stocks when most investors were fearful.
His $2.3 billion purchase of the Carolina Panthers NFL team in 2018 represented less than 15% of his total net worth at the time.
Tepper donated $67 million to Carnegie Mellon University, which renamed its business school after him—the university where he earned his MBA.
Despite his immense wealth, Tepper maintains a relatively modest lifestyle compared to other billionaires, though he owns properties in Miami Beach and the Hamptons.
In 2020, Tepper returned outside investor capital, converting Appaloosa into a family office to focus on managing his own fortune and the Panthers.
You may not have billions to invest, but you can apply the same contrarian principles that made David Tepper one of history's most successful investors. Our exclusive investment guide reveals how to identify market inefficiencies, spot value when others are fearful, and make high-conviction moves at the right time. Learn the distressed debt strategies and macroeconomic analysis techniques that helped Tepper generate 25% annual returns – and how you can apply similar thinking to your own investment portfolio.
INVESTCarolina Panthers
30-Second Spot
NFL Quarterback
$5
His Hometown
Tepper School at CMU
Beachfront Property
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