Inside Philanthropy – For three years running, David Tepper has earned the title of highest paid hedge fund manager in America, which likely makes him the highest paid person in the world. Raking in $3.5 billion in 2013 alone, Tepper’s fortune has ballooned to over $10 billion in recent years. And at just 55, he’s not likely to slow down any time soon — though his increasing wealth has caused him to become increasingly serious about his philanthropy.
This isn’t to say Tepper hasn’t been serious about philanthropy for a long time — the David Tepper Charitable Foundation was created way back in 1997, just four years after he started his own hedge fund, Appaloosa Management — much earlier in his career than many of his counterparts, and certainly before he started making billions.
