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Tepper vs Englander

Appaloosa Management and Millennium Management.

The differences

  • Forbes puts David Tepper about $0.9B ahead of Israel Englander.Forbes figures from 9 Oct 2026 and 9 Oct 2026.
  • Both started the company their money comes from.
  • Israel Englander is about 9 years older than David Tepper.
  • David Tepper has held a public or government advisory role; Israel Englander has none on record.

Put someone else on either side

Side by side

TepperEnglander

The money

Net worth, Forbes
$28.5BForbes, 9 Oct 2026
$27.6BForbes, 9 Oct 2026
Net worth, Bloomberg
$28BBloomberg, 16 Oct 2026
$33.8BBloomberg, 16 Oct 2026
Forbes rank
No. 80Real-Time list, 9 Oct 2026
No. 86Real-Time list, 9 Oct 2026
Billionaire since
Not stated
Not stated

Where it came from

How it started
Founded itLeft Goldman Sachs, where he headed the junk-bond desk, to found Appaloosa Management in 1993
Founded itFounded Millennium in 1989 with $35 million, after working as a floor broker, trader and specialist on the American Stock Exchange
Main source
His own capital in Appaloosa's hedge funds and the Carolina PanthersBloomberg: Appaloosa hedge funds $10.8 billion, Carolina Panthers $8.07 billion, cash $9.18 billion
Millennium Management and his capital in its hedge fundsBloomberg: hedge-fund assets $16.6 billion, Millennium Management $13 billion, cash $4.18 billion
Companies
Appaloosa Management, Carolina PanthersAppaloosa Management: President and founder; Carolina Panthers: Owner and chairman
Millennium ManagementMillennium Management: Founder, chairman and CEO
Biggest stake
Carolina Panthers100% owned
Millennium Management85% owned

The person

Born
1957East Pittsburgh, Pennsylvania, United States
1948Brooklyn, New York, United States
Country
United StatesLives in Palm Beach, Florida, United States
United StatesLives in New York, New York, United States
Education
Graduate degreeEconomics degree, University of Pittsburgh (1978); master's in industrial administration, Carnegie Mellon University (1982)
Bachelor's degreeDegree in finance, New York University (1970)
Parents
Son of Harry Tepper, an accountant, and Roberta Tepper, a schoolteacher
Son of Polish immigrants, raised in an Orthodox Jewish family in Brooklyn

What they give

Giving Pledge
Not a signer
Not a signer
Foundation
The Tepper FoundationFounded in 1996 as the David A. Tepper Charitable Foundation; led by his daughter Randi
Not stated
Lifetime giving
Not stated
Not stated

Role and record

Role now
Runs the companyPresident of Appaloosa Management; owner and chairman of the Carolina Panthers and Charlotte FC
Runs the companyChairman and CEO of Millennium Management
Successor
Not stated
Not stated
Public office
Member, Investor Advisory Committee on Financial Markets, Federal Reserve Bank of New York2014
None found
Legal record
None found
2005: US SECSettled an SEC administrative proceeding over a mutual-fund market-timing scheme at Millennium without admitting or denying the findings; the order required a $30 million civil penalty, $1 in disgorgement and a three-year bar from roles at registered investment companies.

David Tepper against others

David's profile

Israel Englander against others

Israel's profile