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Tepper vs Kroenke

Appaloosa Management and Kroenke Sports & Entertainment.

The differences

  • Forbes puts David Tepper about $0.9B ahead of Stan Kroenke.Forbes figures from 9 Oct 2026 and 9 Oct 2026.
  • Both started the company their money comes from.
  • Stan Kroenke is about 10 years older than David Tepper.
  • David Tepper has held a public or government advisory role; Stan Kroenke has none on record.

Put someone else on either side

Side by side

TepperKroenke

The money

Net worth, Forbes
$28.5BForbes, 9 Oct 2026
$27.6BForbes, 9 Oct 2026
Net worth, Bloomberg
$28BBloomberg, 16 Oct 2026
$29.1BBloomberg, date not stated
Forbes rank
No. 80Real-Time list, 9 Oct 2026
No. 85Real-Time list, 9 Oct 2026
Billionaire since
Not stated
2006Earliest Forbes list in the cited sources: No. 153 on the 2006 Forbes 400 with $2.1 billion; an earlier listing isn't ruled out

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 The Kroenke Group (real estate) and Kroenke Sports & Entertainment in 1999; Forbes says he built his own fortune and tracks his wife Ann Walton Kroenke's separately
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
Commercial real estate and sports teams and venuesForbes: some 60 million square feet of real estate, much of it shopping plazas near Walmart stores
Companies
Appaloosa Management, Carolina PanthersAppaloosa Management: President and founder; Carolina Panthers: Owner and chairman
Kroenke Sports & Entertainment, Los Angeles Rams, ArsenalKroenke Sports & Entertainment: Founder, owner and chairman; Los Angeles Rams: Owner; Arsenal: Director
Biggest stake
Carolina Panthers100% owned
Los Angeles Rams100% owned

The person

Born
1957East Pittsburgh, Pennsylvania, United States
29 Jul 1947
Country
United StatesLives in Palm Beach, Florida, United States
United StatesLives in Electra, Texas, United States
Education
Graduate degreeEconomics degree, University of Pittsburgh (1978); master's in industrial administration, Carnegie Mellon University (1982)
Graduate degreeMBA, University of Missouri (1973); bachelor's degree, University of Missouri
Parents
Son of Harry Tepper, an accountant, and Roberta Tepper, a schoolteacher
Father Alvin bought a lumberyard with a small loan and expanded it into a hardware store in Mora, Missouri; mother Evelyn was a former schoolteacher

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
Kroenke Family FoundationHe also created Kroenke Sports Charities through KSE
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
Chair of the boardOwner and chairman of Kroenke Sports & Entertainment and chairman of The Kroenke Group
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
None found

David Tepper against others

David's profile

Stan Kroenke against others

Stan's profile