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Net Net: Promoting innovation and managing change

Billion-dollar breakup: David Tepper, wife split: Report

David Tepper, your average “middle-class” billionaire.
Adam Jeffery | CNBC

This could get expensive.

Billionaire hedge fund manager David Tepper and his wife, Marlene, are ending their nearly 30-year marriage, according to the New York Post.

The head of $20 billion Appaloosa Management has a personal worth estimated at $10 billion and made a reported $3.5 billion in 2013 alone, setting up what could be a very costly proceeding.

"They have separated and are telling friends the marriage has run its course. They hope to settle things quickly, quietly and amicably," a source told the Post.

A source contacted by declined to confirm or deny the report.

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