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
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
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David's profileStan Kroenke against others
Stan's profile
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