And a neighboring house sold in February for $4 million. [41], In March 2012, Tepper and his former colleague, Alan Fournier founded a political action group, Better Education For Kids. As of May 2023, David Teppers net worth is estimated to be $16 Billion. He paid $43.5million for Corzines former summer getaway making it the most expensive home in the Hamptons at the time. Two large monitors sit atop his orderly desk: One is a Bloomberg terminal, the other is a video conferencing screen that shows live images of his top staff working in Miami Beach. Investments in Conseco and Marconi also led to huge hedge fund profits for the company. Award-winning original reporting, with in-depth profiles, timely research and expert opinions on the biggest issues and stories in sports business. It continued growing over the years, and in 2014, its assets under management exceeded $20 billion. Speaking about his renovation plans to New York magazine in 2010, Tepper said: You could say there was a little justice in the world., See all the latest pictures, news and stories from New York, Chilling final moments of three-year-old before being murdered, Ex-ESPN reporter caught on camera calling reporter a 'c***', Final video of TV great Jerry Springer before passing away, Tucker Carlson hits out at 'liars' after Fox News firing, Tucker Carlson goes to dinner with wife in Florida after Fox departure, King's Guard horse bites woman's ponytail when she gets too close, Shocking moment masturbator hijacks NYC community Zoom meeting, Tucker Carlson speaks out after shock firing from Fox Networks, SK President Yoon belts out American Pie at lavish WH state dinner, Official trailer for 'The Secrets of Hillsong', Popeyes worker ransacks restaurant after allegedly not being paid, Dylan Mulvaney uses Maybelline products in TikTok promotion, The frame of the new mansion was built by around June in 2012, showing exactly how large Tepper intended the new home to be, In an image from about January 2013, works had begun on building the pool and tennis courts and the home itself was nearing completion, Here, a picture from March last year shows the11,268-square-foot mansion is complete with only finishing touches to the estate needed, In a recent aerial shot, the sprawling Southampton estate is seen in all its glory, boasting a huge pool as well as a hot tub on the balcony, David Tepper (pictured left) quit Goldman Sachs to set up his own hedge fund, now worth $20 billion, after then-CEO John Corzine (right) passed him over for partner.