
These days, David Tepper is probably best known as the owner of the NFL’s Carolina Panthers. But before his time in the owner’s suite, the billionaire made his name as a hedge fund titan.
Tepper founded Appaloosa Management in 1993 after honing his skills as a credit analyst at Goldman Sachs, and has been known to make risky bets when others are fearful. Appaloosa famously made $7 billion by gobbling up beaten down bank stocks in 2009 after the Great Financial Crisis.