Hedge-fund executive David Tepper is living separately from his wife of more than 25 years, Marlene Tepper, according to someone familiar with the matter, and although no divorce filing has been made, that possibility is on the table.
Tepper, who runs the $20 billion fund Appaloosa Management in Short Hills, N.J., married Marlene in 1986, according to the New York Post, which reported the couple's split earlier. They have three children together. David Tepper's personal fortune is estimated at $10 billion, according to Forbes, and he is believed to have earned $3.5 billion in 2013.
Although the Teppers were spotted together as recently as May at a charity dinner for the Robin Hood Foundation, to which David Tepper is a major donor, they have been living in separate residences for some time, according to someone familiar with the matter. And they have been discussing the possibility of a divorce of late.