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David Tepper

David Tepper

American businessman

FloridaFinance

AIProfile Summary

David Tepper is an American businessman and finance investor born in 1957, with an estimated net worth of ~$11.6B Wikidata. He is identified in the data as a Florida-based billionaire in the finance industry Wikidata. Public reporting in the provided news data shows ongoing attention to Appaloosa Management’s stock moves, including changes in Microsoft, Nvidia, Micron, and AI-related holdings NewsAPI.

Business & SEC Activity

Tepper’s wealth is tied to finance and investing, and the news data highlights active portfolio management by Appaloosa Management WikidataNewsAPI. Recent coverage says he sold most of Appaloosa’s Microsoft position, cut Nvidia, and increased stakes in Micron and other AI-related companies NewsAPI. These reports reflect frequent large trades and a focus on technology and artificial intelligence stocks NewsAPI.

Philanthropy

The Tepper Foundation reported $68,928,405 in grants paid in tax year 2023 and $704,808,350 in total assets ProPublica 990. Two other Tepper Family Foundation filings in 2023 reported much smaller grant totals: $75,675 in Denver and $625,058 in Melville ProPublica 990. Across the foundations in the data, total grants paid were $69,629,138 against total foundation assets of $705,767,911 ProPublica 990.

Political Activity

From 2024-09-26 to 2025-09-05, Tepper made 100 federal contributions totaling $385,560.98 FEC. The largest recipients were HOGAN VICTORY FUND ($190,000) and the NRSC ($181,700), with smaller amounts to Better Path Forward PAC, Hogan for Maryland Inc., and Harris for President FEC. By party breakdown, $185,250 went to Republican recipients, $2,239.01 to Democratic recipients, and $198,071.97 to PAC/other recipients FEC.

In the News

Recent headlines focus on Tepper’s investment activity rather than personal statements NewsAPI. Coverage in March and June 2026 says he sold Nvidia, reduced Microsoft, and added to Micron and other AI-related positions, with multiple outlets describing these as major portfolio shifts NewsAPI.

AI-generated summary from fec, newsapi, propublica_990, wikidata, gdelt 6/27/2026 (gpt-5.4-mini). All claims are derived from the source data shown below.

USU.S. Presence

otherU.S. economic presence

990Philanthropy

$705.8MFoundation Assets
$69.6MGrants Paid
3Foundations
The Tepper FoundationShort Hills, NJ
Private grantmaking foundation (IRS NTEE T20Z)
Assets: $704.8MRevenue: $197.4MGrants: $68.9MTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Tepper Family FoundationDenver, CO
Private grantmaking foundation (IRS NTEE T20)
Assets: $885KRevenue: $319Grants: $76KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Tepper Family FoundationMelville, NY
Private independent foundation (IRS NTEE T22)
Assets: $75KRevenue: $356KGrants: $625KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$386KTotal Contributed
100Contributions
2024–2025Date Range

By Party

PAC/Other
$198K
REP
$185K
DEM
$2K

Top Recipients

HOGAN VICTORY FUND$190K
NRSC$182K
BETTER PATH FORWARD PAC, INC.$5K
HOGAN FOR MARYLAND INC.$3K
HARRIS FOR PRESIDENT$2K
Source: FEC contribution filings · latest on record (retrieved 3/9/2026) (fec)

NEWSRecent News

139Total Articles
The Motley FoolTop Source
NeutralAvg. Sentiment
Jaelan Phillips signs with Panthers: Grade, analysis for stunning deal
Billionaire David Tepper Sold Nvidia Stock and Piled Into This AI Stock That's Up Nearly 200% in the Past 5 Years
Billionaire David Tepper Sold Nvidia Stock and Piled Into This AI Stock That's Up Nearly 200% in the Past 5 Years | The Motley Fool
Charlotte FC to begin talks with Wilfried Zaha
Billionaire David Tepper Tripled His Stake in Micron and Bought This Other AI Memory Play On Top of It
Billionaire Investor David Tepper Eliminated Nearly All of Appaloosa Management's Bank Stocks and Increased its Position in One of the World's Largest AI Memory Companies by 200% | The Motley Fool
Billionaire Investor David Tepper Eliminated Nearly All of Appaloosa Management's Bank Stocks and Increased its Position in One of the World's Largest AI Memory Companies by 200%
David Tepper Meets 15% Yield: Inside VistaShares' New ETF - VistaShares Target 15 ACKtivist Distribution ETF (ARCA:ACKY), VistaShares Target 15 DRUKMacro Distribution ETF (ARCA:DRKY)
2026 NFL Mock Draft: First-Round Picks (2.0)
David Tepper Sells Nvidia & Amazon: AI Warning or Smart Profit-Taking?
Source: NewsAPI retrieved 3/9/2026 (newsapi)

PBSScore Breakdown

A
62.0
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
42%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
100%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source. View on Wikidata

David Tepper — Public Benefit Score A (62) | Billionaire Army