David Tepper

Founder of Appaloosa Management; Carolina Panthers and Charlotte FC owner^[1]

David Alan Tepper is an American investor, founder of Appaloosa Management and owner of the Carolina Panthers and Charlotte FC. Raised in Pittsburgh, he graduated from the University of Pittsburgh in 1978 and completed an MBA at Carnegie Mellon in 1982. He worked at Republic Steel before joining Goldman Sachs in 1985, where he became a senior high-yield trader. He established Appaloosa in 1993 with a focus on distressed and other investment opportunities. He purchased the Panthers in 2018 after years as a minority Pittsburgh Steelers owner. His philanthropy includes university support, poverty relief and disaster response. An honorary doctorate is distinguished from his earned MBA.

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