It might seem all fun and games but there is a downside to being a billionaire. Namely, the task of coming up with what to do with your shit-tons of money. It’s not that, at 53 years old, David Tepper hasn’t had plenty of time to think about how he might put his stacks of coin to use. In fact, according to his sister, as a little boy he predicted he’d be a millionaire “before turning 30.” So, we’re talking decades here. But back in a suburb of Pittsburgh, when the Appaloosa founder was looking at a railing on the front porch and asking his brother, “If I put my head in there, would it get suck,” hadn’t dreamed he’d have the amount of money he does today. And those extra zeros really kind of expand your options to be limitless, making the task all the more difficult. Along the way, ideas, of course, have presented themselves. He could, for instance:

* Pay for a whole bunch of kids to go to college. But Tepps isn’t too keen on that one. “I’m gonna have somebody put together a form letter for that,” he says. “It’ll say something like, I’m going to give you a great gift. What I got: Nothing.”

* Have a mold of his balls made (but a former employee already gave him just those, in all their “cartoonishly huge and grotesquely veiny” glory) or a pair of tits for everyone in the office (ditto on that base already being covered: “We had this client, they make breast implants,” says a former employee. “He loved to keep them on the desk, he’d love to throw them around.”)

* Get back at the girlfriend of five years, Cindy Perl, who dumped him, citing a question in her mind as to whether or not he’d be able to “support the lifestyle” she was hoping for, by, I don’t know, hiring one of those skywriting planes to leave the message “How do you like me now, bitch?” every morning over her house? But the poor girl has probably suffered enough, having married a dentist.

* Buy a private jet? No: “I have NetJets.”

* A piece of the Steelers? Already owns a minority stake.

* A hot piece of just barely legal ass? “I could get myself a 22-year-old!” he says, but then there is the matter of the wife of thirty years, Marlene.

Okay, well WHAT THEN? Think, god damn it, THINK.

“Sometimes,” he whispers, leaning across the table, “if someone is an asshole, like a waiter at a restaurant, I think, I could just buy this place and fire that guy.”

Ready To Be Rich [NYM]

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Comments (56)

  1. Posted by Why Dee | September 27, 2010 at 2:11 PM

    Too good for hookers and blow David? Really?

  2. Posted by Robespierre | September 27, 2010 at 2:11 PM

    Polish the guillotines.

  3. Posted by Guest | September 27, 2010 at 2:20 PM

    Drive sports cars, date movie stars, buy things that aren’t for sale

  4. Posted by PasteSpecialFormats | September 27, 2010 at 2:23 PM

    INFESTACION!!!

    -Philippe Davison

  5. Posted by Guest | September 27, 2010 at 2:34 PM

    “If I put my head in there, would it get suck,”

    So David, did it get suck ?

  6. Posted by Skippy, the Braying Jackass | September 27, 2010 at 2:41 PM

    This guy makes me look good!

  7. Posted by SlowerLower3rd | September 27, 2010 at 3:03 PM

    A miniature giraffe, a hover-board, and a license to kill.

  8. Posted by Forrest Gump | September 27, 2010 at 3:06 PM

    Momma always said a man only needs so much money and after that it’s all for show.

    -Forrest Gump

  9. Posted by Texashedge | September 27, 2010 at 3:06 PM

    Opulence, I has it

  10. Posted by Nucky | September 27, 2010 at 3:11 PM

    You want to see how I have testicle molds made?? Show your face again in Atlantic City.

    -Nucky Johnson
    Atlantic City

  11. Posted by LEH RM | September 27, 2010 at 3:14 PM

    Who is this “Mailer Demon” who keeps sending my emails back???????

    -Former Lehman Risk Manager

  12. Posted by Anonymous | September 27, 2010 at 3:18 PM

    Bess, can you sweet-talk him into buying DB and fire the entire 19th century IT department?

  13. Posted by Ej | September 27, 2010 at 3:23 PM

    How much is enough, Tepper? When does it all end, huh? How many yachts can you water-ski behind? How much is enough, huh?

  14. Posted by David Tilapia | September 27, 2010 at 3:24 PM

    That makes me want to track down every restaurant he dines at, and instruct every owner how he will buy the place if a waiter is an asshole. Hopefully the owners want to watch him burn through cash as much as I do.

  15. Posted by Guest | September 27, 2010 at 3:27 PM

    Mr. Tepper is exhibiting signs of being in the later stages of syphilis.

  16. Posted by East Texas Gas Trader | September 27, 2010 at 3:28 PM

    He can’t be a good trader because apparently he don’t play golf.

    ~East Texas Gas Trader

  17. Posted by David Talapia | September 27, 2010 at 3:28 PM

    I am not rich enough, until I can absorb all the water of the Earth with dollar bills.
    -David Tepper

  18. Posted by Anonymous | September 27, 2010 at 3:30 PM

    Actually, he do play golf.

  19. Posted by GTFO_2012 | September 27, 2010 at 3:30 PM

    Buy BHO a freakin’ clue and send him to ECON101.

    GTFO 2012

  20. Posted by East Texas Gas Trader | September 27, 2010 at 3:31 PM

    I don’t read the articles; I jist look at the pichers.

  21. Posted by SlowerLower3rd | September 27, 2010 at 3:57 PM

    $1,000,000 for 1 night with Bessar Levin.

    Thank me in advance,

    Robert Redford

  22. Posted by Ilovethemoviethejerk | September 27, 2010 at 4:17 PM

    Does a degree from Pitt count as a degree?

  23. Posted by Aiervo7765 | September 27, 2010 at 4:24 PM

    Wisecrack him all you want..The man clearly has balls of steel to pull the trigger when he did…

  24. Posted by guest | September 27, 2010 at 4:24 PM

    He barely owns any rich people things

  25. Posted by Anonymous | September 27, 2010 at 4:31 PM

    If he has a longstanding wife and a former girlfriend, I don’t see the issue in acquiring the aforementioned 22 year-old. No conflict of interest there.

    http://proposition13.blogspot.com/2010/09/vmware-irrelevance.html

  26. Posted by Punch Daddy | September 27, 2010 at 4:38 PM

    And if he got it wrong, you would have no idea. Press never follows up on the losers…unless you’re Amaranth and you start punching people

  27. Posted by Anonymous | September 27, 2010 at 4:49 PM

    Who said he didn’t? And why are you so defensive? Finally, “wisecrack”? LOL.

  28. Posted by Guest | September 27, 2010 at 5:00 PM

    Idk, but he’s got every Ivy asshole on the street sucking his kneecaps.

  29. Posted by guest | September 27, 2010 at 5:04 PM

    Buy MF Global and turn it into a restaurant.

  30. Posted by Anonymous | September 27, 2010 at 5:08 PM

    Love you.

  31. Posted by Honky | September 27, 2010 at 5:12 PM

    On the other hand, I can have a whole lot of markers than that Ping Jiang guy has.

  32. Posted by DTep | September 27, 2010 at 5:15 PM

    I will, you twerp.

    – D. Tepper

  33. Posted by Guest | September 27, 2010 at 5:33 PM

    Thompson, genious.

  34. Posted by Guest | September 27, 2010 at 5:41 PM

    two chicks at the same time.

  35. Posted by Glenn G. | September 27, 2010 at 5:52 PM

    saw his cnbc appearance – what a prick. thinks he’s a tough guy since he can say “balls to the wall” on tv. what an arrogant ahole. I dont care how much money you have Tepper, I wouldnt walk across the street to shake your hand.

  36. Posted by indridcold | September 27, 2010 at 6:07 PM

    Buy the rights to the word “Baller” then change your full name to it. Done.

  37. Posted by Gozer | September 27, 2010 at 6:10 PM

    nothing says BSD like having your HS drama trophies next to a set of brass balls on your desk

  38. Posted by Gozer | September 27, 2010 at 6:10 PM

    nothing says BSD like having your HS drama trophies next to a set of brass balls on your desk

  39. Posted by Gozer | September 27, 2010 at 6:10 PM

    nothing says BSD like having your HS drama trophies next to a set of brass balls on your desk

  40. Posted by guest | September 27, 2010 at 6:31 PM

    he kinda has a right to be…

  41. Posted by Donkey | September 27, 2010 at 6:51 PM

    Carnegie Mellon, try reading.

  42. Posted by Donkey | September 27, 2010 at 6:51 PM

    Carnegie Mellon, try reading.

  43. Posted by Donkey | September 27, 2010 at 6:51 PM

    Carnegie Mellon, try reading.

  44. Posted by Anonymous | September 27, 2010 at 8:23 PM

    Nucky Thompson is a TV character. Enoch “Nucky” Johnson is the actual boss of Atlantic City the character is based on. Fail.

  45. Posted by Guest | September 27, 2010 at 9:11 PM

    Except that he’s quoting the TV character, jerkoff.

  46. Posted by Learn To Spell | September 27, 2010 at 10:30 PM

    “genious”, genius?

  47. Posted by Wm. Randy Hearst | September 27, 2010 at 10:39 PM

    Punch Daddy, we’d like to follow up on what you’ve been doing lately……

    The Press

  48. Posted by Einhorn | September 28, 2010 at 2:59 PM

    at least he’s modest and doesn’t hold grudges

  49. Posted by poopneck trader | September 28, 2010 at 3:15 PM

    golf sucks. boring game thats an excuse for old fat guys to smoke cigars and drink beer.

  50. Posted by Guest | September 28, 2010 at 4:27 PM

    throughout his time at the University of Pittsburgh and then at Carnegie Mellon, where he regaled classmates in the M.B.A. program

  51. Posted by Guest | September 28, 2010 at 4:27 PM

    throughout his time at the University of Pittsburgh and then at Carnegie Mellon, where he regaled classmates in the M.B.A. program

  52. Posted by Guest | September 28, 2010 at 4:27 PM

    throughout his time at the University of Pittsburgh and then at Carnegie Mellon, where he regaled classmates in the M.B.A. program

  53. Posted by Rebutt | September 29, 2010 at 2:01 AM

    did you go to pitt? clearly it states he went to pitt for undergrad. does one get paid to attend ‘it’ (clearly you cannot call pitt an institution right?)

  54. Posted by Guest | September 29, 2010 at 12:23 PM

    Buying your ex-boss’s $50m Southampton house and razing it is nothing?

  55. Posted by Bristol Airport Hotels | April 20, 2012 at 1:09 AM

    A8hcRm Fantastic blog. Want more.

  56. Posted by London Theatre | April 25, 2012 at 10:25 AM

    Looking forward to reading more. Great blog.Thanks Again. Want more.

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