CHARLOTTE — David Tepper’s fortune continues to grow — as does speculation about his moves in the region and frustration with his silence about those.
On the first point, Forbes magazine released its 2022 World’s Billionaires List this week, pegging Tepper’s net worth at $16.7 billion as of early March. That’s up 15% from $14.5 billion at this time last year, when he landed at No. 142 on the 2021 list. He climbed to No. 103 on the latest installment of the worldwide list, which puts him at No. 8 among the richest sports owners around the globe.
While Tepper made his fortune in hedge funds, it’s his control of major-league sports teams in Charlotte that brings us to that second point. CBJ’s Erik Spanberg late yesterday that at least one local government official believes the Carolina Panthers — owned, along with Charlotte FC, by Tepper Sports & Entertainment — have decided to abandon what was hoped to be a $2 billion development in Rock Hill.
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(WATCH BELOW: Panthers owner David Tepper buys prime land near Bank of America Stadium)
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