New Jersey resident David Tepper was ranked the No. 3 hedge fund manager in the world by Business Insider.
Tepper, who manages Appaloosa, is worth $11.6 billion, making him the richest man in the Garden State. Appaloosa realized net gains of $1 billion in 2015 and has seen $22.8 billion in gains since the fund's inception in 1993, Business Insider reported.
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