David Tepper built a home nearly twice the size after buying it from his ex-boss' former wife
An overhead view of the Sagaponack, N.Y. mansion built by Livingston hedge fund billionaire David Tepper. Livingston billionaire and hedge fund manager David Tepper has completed construction of a mansion in the Hamptons on property he bought from his famous former boss' ex-wife.
Tepper's had the 11,268-square foot oceanfront palace in Sagaponack built after paying $43.5 million to purchase the home that once sat on that land and then ordering it razed, according to telegraph.co.uk.
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He bought the home he tore down from Joanne Dougherty, the former spouse of ex-Gov. Jon Corzine. Years ago Corzine passed over Tepper for a promotion at Goldman Sachs, the report said.
Tepper left Goldman Sachs in 2003 and went on to form Appaloosa, but never forgot the "fractious" relationship he had with Corzine, according to the Telegraph.
The new house has an enormous swimming pool, a pool house, a three-car garage and a tennis court. It's nearly twice as big as the house Tepper knocked down.
Tepper had a net worth of about $10 billion.
Jeff Goldman may be reached at jeff_goldman@njadvancemedia.com. Follow him on Twitter @JGoldmanNJ. Find NJ.com on Facebook.
