sometimes, “if someone is an asshole, like a waiter at a restaurant, I think, I could just buy this place and fire that guy.” According to the Post, he “paid $43.5 million for the beachfront mansion of a former Goldman Sachs supervisor who had passed him over for promotion. Then he had the house demolished.” He then built a house nearly twice as big on the same property. He had bought the property from the ex-wife of his former boss. Asked by a reporter about the origins of his strong confidence, Tepper said: “I was never afraid to go back to Pittsburgh and work in the steel mills.” In 2016, he relocated his company to Miami Beach, Florida. He had been New Jersey's richest taxpayer at the time. The move caused a state official to warn of a risk to the budget of New Jersey because of the resulting loss of income tax. In October 2020, Tepper announced he was returning to New Jersey for family reasons, a move which may cost him up to $120 million in state income tax. References Bibliography External links Named Investment Guru of 2010 David Tepper Portfolio with stock Picks David Tepper's Appaloosa Stock Portfolio, updated quarterly Tepper school official website "David Tepper Hedge Fund Manager Appaloosa Management," aTrader, May 4, 2010 "Investor David Tepper goes where others don't dare", Pittsburgh Tribune-Review, December 22, 2009 "Ready to be Rich," (September 26, 2010 profile in New York Magazine) "Fund Boss Made $7 Billion in the Panic", The Wall Street Journal, December 23, 2009 1957 births Living people American billionaires American financial analysts American financiers American sports businesspeople Jewish American philanthropists Jewish American sportspeople American money managers American hedge fund managers Goldman Sachs people People from Livingston, New Jersey Businesspeople from Pittsburgh Stock and commodity market managers Tepper School of Business alumni University of Pittsburgh alumni Carnegie Mellon University trustees Businesspeople from New Jersey New Jersey Republicans Carolina Panthers owners Major League Soccer owners