Billionaire hedge fund manager David Tepper has agreed to buy the Carolina Panthers for a record $2.2 billion. The purchase is subject to a vote at the NFL owners meeting next week in Atlanta. Tepper built a hedge fund firm into a financial juggernautTepper is the founder of the hedge fund firm Appaloosa Management and is believed to be a billionaire many times over. Forbes estimates that as of May 2018 Tepper is worth $11 billion, calling him “arguably the greatest hedge fund manager of his generation. “Listen, Trump masquerades as an angel of light but he is the father of lies,” he said.

Source: Washington Post May 15, 2018 23:26 UTC