
David Tepper, the billionaire owner of the Pittsburgh Steelers, has a fascinating connection to New Jersey. He grew up in East Brunswick, New Jersey, where he developed a strong work ethic and a passion for business.
Tepper's roots in New Jersey played a significant role in shaping his future success. He attended the University of Pittsburgh, where he earned a degree in administration of science.
David Tepper's business impact is a testament to his determination and strategic thinking. He co-founded Appaloosa Management in 1993, which has since become a leading hedge fund.
Politics and Business
David Tepper, the billionaire from Livingston, NJ, has made headlines for his involvement in politics, particularly with his support for education reforms in New Jersey.
He had been an early and generous supporter of Governor Christie's education reforms, putting "money – a lot of money" into Better Education for Kids, a PAC set up to influence New Jersey education policy.
Tepper's defection to Jeb Bush's fundraising efforts is a significant blow to Christie's campaign, given his high-profile status in the state.
As the world's highest paid hedge fund manager, Tepper notched $3.5 billion in 2013 alone, making him the single richest New Jerseyan.
Livingston, NJ: A Key Location

Livingston, NJ, is strategically located within a 30-mile radius of New York City, making it an attractive location for businesses and professionals alike.
The township has a diverse economy with major industries including pharmaceuticals, biotechnology, and information technology.
Livingston's proximity to major highways and transportation hubs, such as Newark Liberty International Airport, facilitates easy access to the rest of the country and the world.
The township is also home to several major corporations, including Sanofi and Amneal Pharmaceuticals.
NJ and NY Stops Show Christie Strength
Jeb Bush is coming to New Jersey for two fundraising stops on July 23, but what's newsworthy is the strength of the host committee. The biggest get is David Tepper, the Livingston billionaire and single richest New Jerseyan.
David Tepper, the world's highest paid hedge fund manager two years in a row, is a significant catch for the Bush team. He notched $3.5 billion in 2013 alone.
The host committee is studded with NJ fundraising royalty, including previously reported heavy hitters like Gail Gordon, Cheryl Halpern, George Klein, Hersh Koslov, Sen. Joe Kyrillos, and Woody Johnson.
Frequently Asked Questions
Where does David Tepper currently live?
David Tepper currently resides in New Jersey, having moved back in 2020.
Who was the richest man in New Jersey moved to Florida?
David Tepper, a hedge fund billionaire, was the richest resident of New Jersey who moved to Miami Beach, Florida. He relocated his business and personal life to Florida two years ago.
Sources
- https://patch.com/new-jersey/livingston/richest-man-nj-moves-florida-livingstons-tepper-leaving-0
- https://projects.propublica.org/nonprofits/organizations/223500313/201530969349100713/full
- https://www.insidephilanthropy.com/find-a-grant/major-donors/david-tepper-html
- https://observer.com/2015/07/bush-lands-david-tepper-nj-and-ny-stops-show-strength-in-christie-country/
- https://wagcenter.com/tag/marlene-resnick-tepper-divorce/
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