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Career Highlights
Awards & Recognition
★Institutional Hedge Fund Firm of the Year (2011)
★Forbes top hedge fund earner of 2012
★Forbes 25 highest-earning hedge fund managers (2013, 2016)
★Carnegie Mellon Tepper School of Business named after him (after $67M donation)
Notable Facts
→Founder of Appaloosa Management (1993) - multi-billion dollar hedge fund
→Owner of Carolina Panthers NFL team ($2.3B purchase in 2018) and Charlotte FC MLS team
→Net worth $20.6 billion (Forbes 2024), ranked #94 globally
→Specializes in distressed debt investing with legendary market timing
→Made $7 billion in 2009 buying distressed bank stocks during financial crisis
→Has business school named after him at Carnegie Mellon (total $125M in donations)
→Moved hedge fund headquarters from New Jersey to Miami Beach in 2016
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