Carl Icahn Net Worth 2024

The estimated net worth of Carl Icahn is $19.4 billion USD.
Real Name Carl Celian Icahn
Net Worth 2024 $19.4 billion USD
Birthday (Year-Month-Day) 1936-2-16
Nationality United States
Occupation Businessman, CEO
Height 1.76 m or 5 ft 9 inches
Weight 82 kg or 181 pounds
Marital Status Married (Gail Icahn)
Ethnicity Caucasian, Caucasian
Education Princeton University, New York University School of Medicine, New York University, Far Rockaway High School
Kids 2
Kids Names Brett, Michelle



Carl Icahn
Icahn at a conference in the 1980s
Special Advisor to the President on Regulatory Reform
In office
January 20, 2017 – August 18, 2017
PresidentDonald Trump
Personal details
Born
Carl Celian Icahn

(1936-02-16) February 16, 1936 (age 88)
New York City, U.S.
Spouses
Liba Trejbal
​
​
(m. 1979; div. 1999)​
Gail Golden
​
(m. 1999)​
Children2, including Brett
RelativesRick Schnall (nephew)
EducationPrinceton University (BA)
OccupationBusinessman, investor, philanthropist
Known forFounding and Managing Icahn Enterprises
Leadership of Federal-Mogul
1980s "corporate raider"
Signature
Websitecarlicahn.com

Carl Celian Icahn (/ˈaɪkɑːn/; born February 16, 1936) is an American businessman and investor. He is the founder and controlling shareholder of Icahn Enterprises, a public company and diversified conglomerate holding company based in Sunny Isles Beach, Florida. Icahn's business model is to take large stakes in companies that he believes will appreciate from changes to corporate policy. Subsequently, Icahn then pressures management to make the changes that he believes will benefit shareholders, and him. Widely regarded as one of the most successful hedge fund managers of all time and one of the greatest investors on Wall Street, he was one of the first activist shareholders and is credited with making that investment strategy mainstream for hedge funds.[1]

In the 1980s, Icahn developed a reputation as a "corporate raider" after profiting from the hostile takeover and asset stripping of Trans World Airlines.[2][3]

Icahn is on the Forbes 400 and has a net worth of approximately $6.7 billion[4] to $7 billion.[5]

Since 2011, Icahn no longer manages money for outside clients. Investors can still invest in Icahn Enterprises.[6]

Early life and education

Icahn was born in Brooklyn to an Ashkenazi Jewish family.[7][8] He was raised in the Far Rockaway neighborhood of Queens in New York City, where he attended Far Rockaway High School.[9] His father, Michael Icahn,[10] a "sworn atheist",[11][12] was a cantor, and later a substitute teacher. His mother, Bella (née Schnall) also worked as a schoolteacher.[10][13]

Icahn graduated from Princeton University with an A.B. in philosophy in 1957 after completing a senior thesis titled "The Problem of Formulating an Adequate Explication of the Empiricist Criterion of Meaning."[14] He entered New York University School of Medicine, but dropped out after two years to join the military reserve force.[15][16]

Business career

1961–2005

This MD-80 was built in 1999 as part of the last-minute fleet renewal of Trans World Airlines. Due to Icahn's hostile takeover, it was instead sold to American Airlines.

In 1961, Icahn began his career as a stockbroker for Dreyfus Corporation.[10] In 1963, he became an options manager for Tessel, Patrick & Co. and then he moved to Gruntal & Co.[15]

In 1968, with $150,000 of his own money and a $400,000 investment from his uncle, M. Elliot Schnall, Icahn bought a seat on the New York Stock Exchange[10] and formed Icahn & Co., which focused on risk arbitrage and options trading.[17]

In 1978, in his first takeover attempt, he took a controlling stake in Tappan and forced the sale of the company to Electrolux, making a profit of $2.7 million, or doubling his investment. In 1979, he acquired Bayswater Realty & Capital Corporation. In 1983, he acquired ACF Industries and in 1985 he sold those shares to Phillips Petroleum, making a $50 million profit.[9][failed verification]

In 1985, by pooling his funds with investor funds and funds borrowed from banks, Icahn acquired 50% of Trans World Airlines, and he completely acquired the company in a leveraged buyout in 1988.[2] Icahn systematically sold TWA's assets to repay money he owed, which was described as "asset stripping" and made him known as a "corporate raider". In 1991, he sold TWA's London routes to American Airlines for $445 million.[3] Icahn made a $469 million profit, and left TWA with $540 million in debt. He formed lowestfare.com to sell TWA tickets and acquired portions of Global Leisure Travel from Ramy El-Batrawi.[18]

In October 1986, Icahn launched an unsuccessful $8 billion hostile takeover for 89% of U.S. Steel; the bid was dropped in January 1987.[19][20] In 1991, he sold his stake in the company for $1 billion, making a $200 million profit.[21]

In June 1989, in the largest share sale to date on the New York Stock Exchange, Icahn sold his stake in Texaco for $2 billion, making a profit of $700 million.[22]

In 1990, he offered to acquire Pan Am for $375 million.[23]

In 1994, he took a 6.6% interest in Western Company of North America as it was in the process of being acquired by BJ Services.[24]

In February 1997, Icahn sold his 7.3% interest in RJR Nabisco for a $125 million profit.[25]

In June 1997, Icahn took control of Marvel Comics in a rivalry with Ronald Perelman.[26][27]

In March 1998, he again bid for Pan Am, offering $43 million.[28]

In December 1998, Icahn led an investor group that acquired a 5% stake in RJR Nabisco and pressured the company's management to separate its tobacco and food units.[29]

In July 2001, Icahn's Riverdale, LLC lent Genesisintermedia $100 million and received options to purchase 5.5 million shares of the company at an average price of $5.09.[30]

In 2004, Icahn began raising $3 billion to form Icahn Partners, a hedge fund.[31] He took ownership stakes in Blockbuster Video and Time Warner.

In 2004, after Mylan announced a $4 billion stock deal to acquire King Pharmaceuticals, Icahn purchased a large block of stock and threatened a proxy fight, urging shareholders to vote against the acquisition.[32][33][34] In February 2005, Mylan gave up its efforts to acquire King.[35]

2005–2010

In 2005, XO Communications announced its intention to sell the wired part of its business for $700 million to Icahn, who was then chairman and a large shareholder; the money would be used to pay back its debts and to buy back its preferred stock for about $600 million from Icahn. Icahn would have then owned the wired business outright, and still own his 60% stake in XO.[36] Despite Icahn's majority ownership and the board of directors declaring the deal to be in the best interest of shareholders, R2 and other minority shareholders blocked the transaction through the court system in 2008, which charged Icahn with penalties due to his conflict of interest.[37]

In August 2006, Icahn bought stock in Take-Two Interactive, a video game publisher, and increased his holdings to 11.3% in 2009, becoming the company's second-largest shareholder.[38]

In January 2007, he purchased a 9.2% stake in Telik, a biotech company engaged in cancer research. He also acquired 6.1 million shares of WCI Communities, later acquired by Lennar.

In May 2007, Icahn lost an election for a seat on the board of directors of Motorola, despite owning 3% of the company.[39]

On February 9, 2007, Lear Corporation's board of directors accepted a $2.3 billion takeover offer from Icahn.[40][41]

That month he also invested $50 million in Motricity, a North Carolina-based provider of mobile content delivery technology.

In September 2007, Icahn increased his stake in BEA Systems to 13.22%,[42] a few months before Oracle Corporation announced its acquisition of BEA Systems, which Icahn supported.[43]

Beginning in 2007, Icahn gradually increased his stake in Biogen.[44][45]

In April 2007, Icahn sold his casino interests in Nevada, including the Stratosphere Las Vegas, Arizona Charlie's Boulder, Arizona Charlie's Decatur, and Aquarius Casino Resort which were operated through American Casino & Entertainment Properties, a subsidiary of Icahn Enterprises, for $1.3 billion or $1 billion more than he paid for the properties, to a unit of Goldman Sachs.[46]

In March 2008, Icahn sued Motorola as part of his effort to gain four seats on Motorola's board and force a sale of its mobile business.[47]

In May 2008, Icahn purchased a large block of shares in Yahoo!, and shortly thereafter threatened to start a proxy fight to remove Yahoo's board of directors in response to their rejection of a takeover bid by Microsoft.[48] Instead, he forced an agreement to expand Yahoo's board to eleven members, including Icahn and two others of his choice.[49]

In June 2008, Icahn launched a blog, The Icahn Report.[50]

In September/October 2008 Icahn was involved in the rejected attempted purchase of Imclone by Bristol-Myers Squibb and in the eventual sale of Imclone to Eli Lilly and Company for $6.5 billion in cash.[51]

In December 2008, he filed suit against Realogy over a proposed debt swap.[52]

In April 2009, Icahn engaged in a proxy battle for Amylin.[53]

In September 2009, he offered to buy the shares of XO he did not already own for $0.55 each. He later raised his offer to $0.80, which ultimately expired.

In October, he resigned from the board of directors at Yahoo!,[54] and by the following February had reduced his equity stake from a one-time high of 75 million shares to 12 million shares.[55]

In February 2010, Icahn, through a subsidiary of his Icahn Enterprises LP, acquired the Fontainebleau Las Vegas for about $150 million. In March he was one of a group of lenders who purchased Tropicana Casino & Resort Atlantic City, bringing the company out of bankruptcy for $200 million.

In March 2011, he conducted a failed takeover bid for Lionsgate Films.[56]

In May 2010, he announced the purchase of an 8.54% stake in Lawson Software.[57]

2010–2015

In May 2010, Icahn held a 6.9% stake in Mentor Graphics,[58] increasing to 14% in July. Mentor's retaliation with a shareholder rights plan failed to deter Icahn who, in February 2011, made an unsuccessful offer to buy the company for about $1.86 billion in cash.[59]

In January 2011, Icahn offered to buy Clorox for $10.2 billion.[60] By February he had accumulated a 9.08% stake in the company.[61]

In October 2012, Icahn reported a 10% stake in Netflix.[62][63]

In November 2012, he tried to gain control of the board of directors of Oshkosh Corporation.[64]

In February 2013, Forbes listed Icahn as one of the 40 highest-earning hedge fund managers.[65]

By April 2013, Icahn accumulated a 9.2% stake in Nuance Communications.[66] On August 2, 2013, Icahn sued computer giant Dell and its board in an attempt to derail a $24.4 billion buyout bid by the CEO, Michael Dell, in favor of his own rumored forthcoming bid.[67] In October 2013, Icahn held 4.7 million shares of Apple Inc.[68][69][70] The same month, Icahn acquired around 61 million shares in Talisman Energy, leading to a surge in the share price.[71] Also that month, he sold about 50% of his shares in Netflix for a profit in excess of $800 million in less than one year.

In November 2013, he acquired a 12.5% interest in Hologic, a medical device and diagnostics manufacturer.

In January 2014, Icahn invested another half billion dollars in Apple Inc.[72]

Also in January 2014, Icahn pushed eBay to complete the corporate spin-off of PayPal. This started a proxy fight which was settled by April.[73]

In October 2014, Icahn invested in Talisman Energy. The company's stock price went down by 71% and he sold his shares two months later.[74]

2015–present

On May 15, 2015, Icahn made a $100 million investment in Lyft.[75]

In November 2015, Icahn hired CBRE Group to market the unfinished Fontainebleau Las Vegas to potential buyers.[76] Also in November 2015, he swapped his stake in eBay for shares in PayPal.[77] Also in November 2015, Icahn disclosed a 7.13% stake in Xerox.[78]

In December 2015, Icahn offered to acquire Pep Boys.[79] He also raised his stake in Cheniere Energy to 13.8%, making him its largest shareholder.[80]

In August 2017, Icahn sold the unfinished Fontainebleau Resort Las Vegas for $600 million, more than four times what he paid.[81]

In January 2016, Icahn disclosed a 4.66% stake in Gannett Company[82] and also held shares in Cheniere Energy and Freeport-McMoRan, both of which declined in value.[74] Icahn sold his Apple shares in April 2016, citing concerns about Apple's relationship with China.[83]

In August 2016, Icahn increased his stake in Herbalife Nutrition to 21%.[84]

Also in October 2016, Icahn closed the Trump Taj Mahal Casino in Atlantic City, citing a $350 million loss over several years as well as failure to reach a deal with striking union workers. Nearly 3,000 workers lost their jobs.[85][86]

In November 2016, he increased his holdings in the car rental company The Hertz Corporation, after the company's stock price had declined significantly.[87]

In 2017, Icahn acquired a 9.7% stake in Conduent, sold out of Allergan and Nuance Communications, and increased his stakes in Navistar International and Herbalife Nutrition.[88]

In May 2020, Icahn sold his entire 39% stake, or 55.3 million shares, of Hertz Global for 72 cents a share. He lost almost $2 billion on the investment.[89]

In February 2022 Icahn, who held 200 shares of the company, nominated two people for election to McDonald's board of directors in what may be the first step toward a proxy fight.[90] Icahn aims to pressure McDonald's to improve conditions of pigs raised by its suppliers.[91]

However, in May 2022, only 1% of McDonald's' shareholders voted in favor of nominees put forward by Icahn, scoring a victory against his demands for the improvement of conditions in which pigs are raised. In its statement, McDonald's claimed it is already moving towards a more humane approach to the issue since its pledge in 2012, adding that Icahn's demands were unreasonable.[92]

In May 2023, short seller Hindenburg Research released an analysis of Icahn's public company Icahn Enterprises that claims the company is over-valued due to paying large dividends using investments from new investors. In addition, the analysis claims that Icahn took out loans against a majority of his holdings and that these have the potential to be called should the stock price move downward. On the day of the release of this analysis, the share price of Icahn Enterprises dropped by 20%.[93]

Public policy and economic views

Icahn endorsed Donald Trump in the 2016 United States presidential election. He also announced the formation of a super PAC pledging $150 million to push for corporate tax reform, in particular of tax inversions, which occur when corporations move their headquarters from the U.S. to take advantage of lower tax rates elsewhere.[94]

Upon becoming the presumptive Republican presidential nominee, Trump announced that he would nominate Icahn for United States Secretary of the Treasury.[95] However, he instead nominated Steven Mnuchin.[96][97]

On December 21, 2016, it was announced that Icahn would serve as special advisor to the president on regulatory reform under President Donald Trump and that Icahn would aid Trump in an "individual capacity" rather than as a federal employee, and that he would not have "specific duties" and therefore would not have to relinquish his business interests while serving as an advisor to Trump.[98] Icahn stepped down from this role on August 18, 2017, citing a desire not to interfere with the work of Neomi Rao as administrator of the Office of Information and Regulatory Affairs.[99][100][101][102][11]

In February 2018, Icahn avoided a $6 million loss by selling some of his holdings in a steel-price sensitive stock just days before the Trump administration announced a 25% tariff on steel imports.[103]

When the President had Icahn interview Scott Pruitt during consideration of his nomination as Administrator of the Environmental Protection Agency, Icahn specifically asked Pruitt about his position on the EPA's Renewable Fuel Standard.[104] Icahn spoke directly to President Trump and to Gary Cohn about his proposed changes to the ethanol rule.[104] CVR Energy, in which Icahn has 82% ownership, would save $205.9 million a year if Icahn's proposal was adopted.[104] The Sugar Land, Texas oil refinery benefited when President Trump made an exception to his regulation freeze to expand the tax advantage of master limited partnerships.[104] CVR Energy's stock doubled after President Trump's election, increasing $455 million in value.[104]

Personal life

In the summer of 1978, Icahn, then 41 years old, met Liba Trejbal, a 28-year-old ballerina from the former Czechoslovakia. She became pregnant 8 months later and Icahn offered to marry her if she signed a prenuptial agreement. They were married in March 1979. In October 1993, Liba filed for divorce and sued to invalidate the prenuptial agreement, claiming she signed it under duress due to the pregnancy. The divorce was settled in July 1999.[105][106][107][108][109] They have two children, Brett Icahn and Michelle Celia Icahn Nevin.[106] His nephew is Rick Schnall.[110]

In 1999, Icahn married his longtime assistant and former broker, Gail Golden.[108] She has two children from a previous marriage.[106]

Philanthropy

The Carl C. Icahn Laboratory at Princeton University
The Carl C. Icahn Center for Science at Choate Rosemary Hall

Icahn Stadium on Randall's Island in New York City is named after him, as is the Carl C. Icahn Center for Science and Icahn Scholar Program at Choate Rosemary Hall, a prep school in Connecticut. This organization pays for tuition, room and board, books, and supplies for 10 students every year for four years (freshman–senior), an endowment valued at about $400,000 per annum.

Icahn made a substantial contribution to his alma mater, Princeton University, to fund a genomics laboratory which bears his name, the Carl C. Icahn Laboratory at the university's Institute for Integrated Genomics.[111] He also made large contributions to Mount Sinai Hospital, New York, of which he is a trustee, which in return named a building the Icahn Medical Institute designed by Davis Brody Bond, and also, in 2013, renamed the Mount Sinai School of Medicine as the Icahn School of Medicine at Mount Sinai.[112] The genomics institute led by Brian Brown, PhD, was renamed the Icahn Genomics Institute.[113]

His foundation, the Children's Rescue Fund, built Icahn House in The Bronx, a 65-unit complex for homeless families consisting of single pregnant women and single women with children, and operates Icahn House East and Icahn House West, both of which are homeless shelters in New York City.

In 2010, Icahn joined the Giving Pledge list, pledging to give away more than half his fortune.[114] Icahn is an activist investor, and has worked with the Humane Society of the United States in pushing McDonald's to achieve its pledge to end the sourcing of pork produced with gestation crates.[115]

In the media

Carl Icahn is featured in the 2022 HBO documentary Icahn: The Restless Billionaire directed by Bruce David Klein and Produced by Atlas Media Corp.

Awards and honors

Icahn has the following awards:

  • Golden Plate Award of the American Academy of Achievement in 1984,[116]
  • Starlight Foundation – Founders Award & 1990 Man of the Year Award.
  • Guardian Angel 2001 Man of the Year
  • In 2004, he was honored by the Center for Educational Innovation – Public Education Association for his work with charter schools.
  • In 2006, he was honored with the 100 Women in Hedge Funds Effecting Change Award for his outstanding contributions to improving education.

Thoroughbred horse racing

In 1985, Icahn established Foxfield Thoroughbreds, a horse breeding operation. At that year's Newstead Farm Trust sale run by Fasig-Tipton, he paid $4 million for Larida, a 6-year-old mare and a record $7 million for the 4-year-old bay mare Miss Oceana who was in foal to champion sire, Northern Dancer.[117]

Icahn's Meadow Star won the 1990 Breeders' Cup Juvenile Fillies and was voted the American Champion Two-Year-Old Filly.

In 1992, Foxfield ended its racing operation and became a commercial breeder, having bred more than 140 graded stakes race horses.

In 2004, Icahn shut down Foxfield, selling all his mares and weanlings without reserve at the Keeneland Sales November breeding stock auction.[118]

See also

References

  1. ^ Goldstein, Matthew (May 3, 2019). "Billionaire Carl Icahn Discloses Subpoena Over Stock Trading". The New York Times.
  2. ^ a b Kiviat, Barbara (February 15, 2007). "10 Questions for Carl Icahn". Time. Archived from the original on May 29, 2013.
  3. ^ a b Grant, Elaine X. (October 2005). "TWA – Death Of A Legend". St. Louis Magazine. Archived from the original on November 21, 2008.
  4. ^ "Carl Icahn". Bloomberg.com. Bloomberg L.P.
  5. ^ "Carl Icahn". Forbes.
  6. ^ Herbst-Bayliss, Svea (March 8, 2011). "Icahn to return his clients' money". Reuters.
  7. ^ "The world's 50 Richest Jews: 11–20". The Jerusalem Post. September 7, 2010. Archived from the original on June 15, 2013.
  8. ^ Berrin, Danielle (March 19, 2010). "Jewish billionaire Carl Icahn wants to buy all of Lionsgate". The Jewish Journal of Greater Los Angeles. Archived from the original on January 30, 2012.
  9. ^ a b "About". Archived from the original on December 26, 2016.
  10. ^ a b c d Auletta, Ken (March 12, 2006). "The Raid – How Carl Icahn came up short". The New Yorker. Archived from the original on October 7, 2018.
  11. ^ a b Keefe, Patrick Radden. "Carl Icahn's Failed Raid on Washington; Was President Trump's richest adviser focused on helping the country—or his own bottom line?". The New Yorker. No. August 28, 2017. Archived from the original on August 21, 2017.
  12. ^ "One More Jewish Billionaire Can't Hurt: Carl Icahn Trump's Next Regulations Czar". The Jewish Press. December 22, 2016.
  13. ^ Gopinath, Deepak (March 23, 2006). "Icahn Gambles on Golf Resort, Casinos, Sausage Casing Makers". Bloomberg News.
  14. ^ Icahn, Carl Celian (1957). The Problem of Formulating an Adequate Explication of the Empiricist Criterion of Meaning (Thesis). Archived from the original on June 18, 2020.
  15. ^ a b "Carl C. Icahn Biography". Encyclopædia Britannica. June 11, 2023.
  16. ^ Wile, Rob; Lopez, Linette (January 26, 2013). "The Fabulous Life Of Carl Icahn – Investing King And Bill Ackman's Nemesis". Business Insider.
  17. ^ Feinberg, Andrew. "Carl Icahn: Better Investor Than Buffett?". Kiplinger's Personal Finance. Archived from the original on August 29, 2015.
  18. ^ Del Rosso, Laura (November 2, 1999). "Sale of portions of Global Leisure to Carl Icahn". Northstar Travel Group. Archived from the original on February 24, 2016.
  19. ^ "Icahn Drops Bid For Usx Investor Group May Deal Directly With Steelmaker's Shareholders". Orlando Sentinel. Chicago Tribune. January 9, 1987. Archived from the original on February 12, 2015.
  20. ^ Salpukas, Agis (January 9, 1987). "ICAHN ENDS HIS OFFER FOR USX". The New York Times.
  21. ^ Holusha, John (May 15, 1991). "Icahn Sale Of USX Stock Seen". The New York Times.
  22. ^ Cole, Robert J. (June 2, 1989). "Icahn Sells His Texaco Holdings". The New York Times.
  23. ^ Salpukas, Agis (December 26, 1990). "Icahn Gives A Warning To Pan Am". The New York Times.
  24. ^ "COMPANY NEWS; ICAHN GROUP MAY SEEK WESTERN COMPANY TIE". The New York Times. Reuters. October 15, 1994.
  25. ^ "Icahn sells his RJR stake". CNN. February 27, 1997.
  26. ^ Norris, Floyd (June 21, 1997). "Icahn-Led Bondholders Take Control of Marvel From Perelman". The New York Times.
  27. ^ Bryant, Adam (May 24, 1998). "Pow! The Punches That Left Marvel Reeling". The New York Times.
  28. ^ Swoboda, Frank (March 14, 1998). "ICAHN BIDS $43 MILLION FOR PAN AM". The Washington Post.
  29. ^ "Icahn eyes RJR again". CNN. December 22, 1998.
  30. ^ "In Re: GenesisIntermedia, Inc. Securities Litigation 03-CV" (PDF).
  31. ^ "Carl Icahn Fast Facts". CNN. January 31, 2021.
  32. ^ Lara-Cinisomo, Vincent (December 15, 2004). "Icahn reiterates interest in Mylan buy". American City Business Journals.
  33. ^ "SEC Resolves Empty Voting Action Involving King-Mylan Merger". Harvard Law School. August 19, 2009.
  34. ^ Kennedy, Val Brickates (September 8, 2004). "Mylan: Icahn opposing King merger". MarketWatch.
  35. ^ Kennedy, Val Brickates (February 28, 2005). "King, Mylan Labs terminate merger". MarketWatch.
  36. ^ Knight, Jerry (November 14, 2005). "Carl Icahn's Latest Shuffle". The Washington Post.
  37. ^ Nocera, Joe (August 30, 2008). "The Kettle? The Pot Says He's Black". The New York Times.
  38. ^ Madway, Gabriel (December 21, 2009). "Icahn stake raises chance of Take-Two buyout". Reuters. Archived from the original on July 17, 2010.
  39. ^ Klayman, Ben (May 7, 2007). "Icahn says may not get Motorola board seat". Reuters.
  40. ^ Bailey, David (February 9, 2007). "Lear accepts sweetened Icahn bid, Pzena not swayed". Reuters. Archived from the original on November 5, 2017.
  41. ^ "Lear Announces Expiration of Solicitation Period for Alternative Acquisition Proposal" (Press release). Lear Corporation. March 27, 2007. Archived from the original on October 27, 2017.
  42. ^ Paul, Franklin (October 3, 2007). "Icahn further raises BEA stake to 13.22 percent". Reuters. Archived from the original on January 11, 2009.
  43. ^ "Oracle buying BEA Systems for $8.5 billion". The New York Times. January 6, 2008.
  44. ^ Wallack, Todd (August 28, 2007). "Biogen Idec appears to be in Icahn's sights". The Boston Globe. Archived from the original on December 2, 2008.
  45. ^ Kouwe, Zachery (June 3, 2009). "Icahn Places Two Allies on the Biogen Idec Board". The New York Times. Archived from the original on October 27, 2017.
  46. ^ "A Goldman Sachs unit is buying 4 casinos from Carl Icahn". The New York Times. April 23, 2007.
  47. ^ "Icahn sues Motorola for access to documents". Reuters.com. March 25, 2008. Archived from the original on January 12, 2009.
  48. ^ Liedtke, Michael (May 15, 2008). "Icahn to Yahoo board: Sell or leave". Associated Press. Archived from the original on October 27, 2017.
  49. ^ "Investor Icahn gets 3 board seats in Yahoo deal". ABC News. USA Today. July 22, 2008. Archived from the original on June 28, 2018.
  50. ^ Hamilton, Dane (June 18, 2008). "Icahn says blog to go live on Thursday". Reuters.
  51. ^ MURPHY, TOM (October 30, 2008). "Eli Lilly to buy ImClone for more than $6B". Associated Press. Archived from the original on October 27, 2017.
  52. ^ Prasad, Sakthi (December 3, 2008). "Icahn sues Realogy over debt deal". Reuters. Archived from the original on February 14, 2009.
  53. ^ Staton, Tracy (April 20, 2009). "Amylin: Icahn aims for sale to Lilly". FiercePharma. Archived from the original on October 16, 2014.
  54. ^ Savitz, Eric (October 23, 2009). "Yahoo: Icahn Quits Board, Having Accomplished…Not Much". Barron's. Archived from the original on July 23, 2011.
  55. ^ Paczkowski, John (February 16, 2010). "Icahn Cans Yahoo". AllThingsD. Archived from the original on June 23, 2010.
  56. ^ Lynch, Jack (August 30, 2011). "Icahn Finally Ends His Battle With Lions Gate". The New York Times. Archived from the original on October 27, 2017.
  57. ^ Finkle, Jim (May 24, 2010). "Icahn acquires stake in Lawson Software". Reuters. Archived from the original on November 5, 2017.
  58. ^ Tibken, Shara (February 23, 2011). "Icahn Makes $1.91 Billion Bid for Mentor Graphics". The Wall Street Journal. ISSN 0099-9660. Archived from the original on November 14, 2016.
  59. ^ Rogoway, Mike (February 22, 2011). "Investors skeptical of Carl Icahn's $1.9 billion bid for Mentor Graphics". The Oregonian.
  60. ^ Sailors, John (July 15, 2011). "Icahn makes $10.2B bid for Clorox". American City Business Journals.
  61. ^ Wohl, Jessica (February 11, 2011). "UPDATE 3-Icahn takes 9 pct stake in Clorox, shares soar". Reuters. Archived from the original on October 17, 2015.
  62. ^ Richwine, Lisa; Kim, Soyoung (October 31, 2012). "Netflix shares soar after Icahn reports 10 percent stake". Reuters. Archived from the original on November 5, 2012.
  63. ^ Boorstin, Julia (October 31, 2012). "Icahn Netflix Play Sends Stock Soaring". CNBC. Archived from the original on March 25, 2018.
  64. ^ Barrett, Rick. "Icahn says he'll move on if bid to control Oshkosh Corp. fails". Milwaukee Journal Sentinel. Archived from the original on December 3, 2012.
  65. ^ Vardi, Nathan (February 26, 2013). "The 40 Highest-Earning Hedge Fund Managers & Traders 2013". Forbes. Archived from the original on August 4, 2017.
  66. ^ Krause, Reinhardt (April 2, 2013). "Carl Icahn Seen Pushing Nuance To Divest, Restructure". Investor's Business Daily. Archived from the original on May 13, 2013.
  67. ^ Gupta, Poornima; Chan, Edwin (August 1, 2013). "Icahn sues Dell in latest attempt to foil buyout". Reuters.
  68. ^ "Carl Icahn Discloses 'Large' Stake in Apple in Tweet". Bloomberg News. Archived from the original on October 18, 2014.
  69. ^ Kim, Susanna (August 14, 2013). "Apple (AAPL) Stock Surges After Billionaire Carl Icahn's Tweets". ABC News. Archived from the original on September 8, 2019.
  70. ^ "Carl Icahn Owned 3.9 Million Shares Of Apple As Of September 30". Business Insider. Reuters. November 15, 2013. Archived from the original on November 25, 2013.
  71. ^ Driver, Anna (October 8, 2013). "Talisman Energy shares surge as Carl Icahn acquires stake". Reuters. Archived from the original on September 24, 2015.
  72. ^ Ablan, Jennifer (January 28, 2014). "As Apple shares fall, Icahn buys another $500 million". Reuters. Archived from the original on October 17, 2015.
  73. ^ "eBay Inc. and Carl Icahn Settle Proxy Fight" (Press release). eBay. April 10, 2014. Archived from the original on April 13, 2014.
  74. ^ a b Crowe, Portia (January 16, 2016). "Carl Icahn's commodities bets are backfiring". Business Insider. Archived from the original on January 17, 2016.
  75. ^ Sachin R, Sai; McBride, Sarah (May 15, 2015). "Carl Icahn invests $100 million in ride-sharing service Lyft". Reuters. Archived from the original on October 17, 2015.
  76. ^ Karman, Craig; O’Keeffe, Kate (November 11, 2015). "Carl Icahn Looking to Sell the Fontainebleau Las Vegas". The Wall Street Journal. Archived from the original on March 12, 2017.
  77. ^ "Icahn exits eBay stake, opts for PayPal after spinoff". CNBC. November 16, 2015. Archived from the original on August 31, 2017.
  78. ^ Tharakan, Anya George; Nair, Arathy S. (November 23, 2015). "Icahn takes stake in Xerox, calls shares 'undervalued'". Reuters.
  79. ^ Orland, Kevin (December 7, 2015). "Pep Boys Rises After Icahn Takes Stake With Eye Toward Deals". Bloomberg News. Archived from the original on March 12, 2017.
  80. ^ Pramuk, Jacob (December 7, 2015). "Carl Icahn raises Cheniere stake to 13.8% from 12.7%: DJ". CNBC. Archived from the original on August 31, 2017.
  81. ^ Sharf, Samantha. "Carl Icahn Unloads Unfinished Las Vegas Casino For $600 Million—More Than Four Times What He Paid". Forbes. Archived from the original on January 5, 2019.
  82. ^ Assis, Claudia (January 13, 2016). "Carl Icahn discloses 4.66% stake in Gannett". MarketWatch. Archived from the original on January 16, 2016.
  83. ^ Hern, Alex (April 28, 2016). "Billionaire investor Carl Icahn sells entire stake in Apple". The Guardian. ISSN 0261-3077. Archived from the original on April 29, 2016.
  84. ^ English, Carleton (August 30, 2016). "Carl Icahn backs Bill Ackman into a corner in Herbalife battle". New York Post.
  85. ^ Gara, Antoine (October 10, 2016). "Billionaire Carl Icahn Closes The Trump Taj Mahal Casino After Union Standoff". Forbes. Archived from the original on October 11, 2016.
  86. ^ Jeffery, Adam (October 10, 2016). "Trump Taj Mahal closes after 26 years; 5th casino casualty". CNBC. Archived from the original on October 10, 2016.
  87. ^ Welch, David; Boston, Claire (November 9, 2016). "Icahn Doubles Down on Hertz as Missed Earnings Punish Stock". Bloomberg News. Archived from the original on November 12, 2016.
  88. ^ Jinks, Beth (May 15, 2017). "Icahn Adds New Stake in Conduent, Exits Allergan and Nuance". Bloomberg News. Archived from the original on May 16, 2017.
  89. ^ Isidore, Chris (May 28, 2020). "Carl Icahn lost $2 billion betting on Hertz". CNN.
  90. ^ Gibson, Kate (February 22, 2022). "Carl Icahn takes on McDonald's over "unnecessary suffering" by pigs". CBS.
  91. ^ "McDonald's Board of Directors Issues Statement in Response to Carl Icahn". Bloomberg News. February 20, 2022. Retrieved April 14, 2022.
  92. ^ "McDonald's defeats Carl Icahn in vote over pigs". BBC News. May 26, 2022. Retrieved May 27, 2022.
  93. ^ "Icahn Enterprises' Plunge Just One of Short-Seller Hindenburg's Many Big Hits". Bloomberg News. May 1, 2023. Retrieved May 1, 2023.
  94. ^ Haberman, Maggie (October 21, 2015). "Carl Icahn, Supporter of Donald Trump, Plans $150 Million 'Super PAC'". The New York Times. Archived from the original on March 11, 2018.
  95. ^ Swanson, Ana (September 29, 2015). "Donald Trump's first Cabinet pick is just as controversial as he is, and a lot richer". The Washington Post. Archived from the original on June 10, 2016.
  96. ^ "Trump's Man Steve Mnuchin; Wall Street, Hollywood and Now Treasury?". Archived from the original on August 12, 2017.
  97. ^ "Senate Confirms President Trump's Treasury Secretary Pick Steven Mnuchin". Archived from the original on May 4, 2017.
  98. ^ Pramuk, Jacob (December 21, 2016). "Trump names Icahn as special advisor on regulation, vows to shred Obama rules". CNBC. Archived from the original on August 19, 2017.
  99. ^ "Donald Trump Enlists Carl Icahn as His Special Adviser on Regulations". Fortune. Reuters. December 21, 2016. Archived from the original on August 19, 2017.
  100. ^ "Carl Icahn Issues Statement – Carl Icahn". carlicahn.com. August 18, 2017. Archived from the original on February 7, 2019.
  101. ^ Wattles, Jackie (August 18, 2017). "Billionaire Carl Icahn steps down as adviser to President Trump". CNN. Archived from the original on August 19, 2017.
  102. ^ "Trump adviser resigned ahead of negative magazine story". Associated Press. Archived from the original on August 20, 2017.
  103. ^ Rushe, Dominic (March 2, 2018). "Ex-Trump adviser sold $31m in shares days before president announced steel tariffs". The Guardian. Archived from the original on March 2, 2018.
  104. ^ a b c d e Lipton, Eric (March 27, 2017). "Icahn Raises Ethics Flags With Dual Roles as Investor and Trump Adviser". The New York Times. Archived from the original on April 4, 2017.
  105. ^ "Icahn v. Todtman – H2O". Harvard Law School. United States District Court for the Southern District of New York. October 1, 2001. Archived from the original on October 19, 2021. Retrieved October 19, 2021.
  106. ^ a b c Auletta, Ken (March 20, 2006). "The Raid". The New Yorker. Archived from the original on April 12, 2013.
  107. ^ Slater, Robert (1999). The Titans of Takeover. Beard Books. p. 83. ISBN 9781893122505. Archived from the original on February 15, 2017.
  108. ^ a b "Icahn: The Once And Future Dealmaker". Bloomberg News. June 11, 2000. Archived from the original on September 28, 2012.
  109. ^ Gregorian, Dareh (July 22, 1999). "ICAHN DIVORCE FINALLY A DONE DEAL". New York Post.
  110. ^ McDonald, Lawrence G. (October 12, 2010). A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers. Crown Publishing Group. p. 26. ISBN 9780307588340. Archived from the original on October 27, 2020.
  111. ^ "Icahn Family Foundation Gives $20 Million for New Genomics Laboratory" (Press release). Princeton University. October 21, 1999. Archived from the original on June 11, 2020.
  112. ^ Hartocollis, Anemona (November 14, 2012). "$200 Million Gift, and a New Name, for Mt. Sinai Medical School". The New York Times. ISSN 0362-4331.
  113. ^ "Icahn pledges $200 mln to Mount Sinai medical complex". Reuters. November 15, 2012. Archived from the original on June 29, 2020.
  114. ^ Adeneji, Ade (April 6, 2015). "Carl Icahn Will Give Away Over $20 Billion. But When? And Where Will the Money Go?". Inside Philanthropy. Archived from the original on April 8, 2015.
  115. ^ "Why Carl Icahn Is Ready For Proxy Fight Over How McDonald's Sources Pork". MSN. Retrieved February 20, 2022.
  116. ^ "Golden Plate Awardees of the American Academy of Achievement". American Academy of Achievement. Archived from the original on December 15, 2016.
  117. ^ "Broodmare Brings Record $7 Million". The New York Times. United Press International. November 11, 1985.
  118. ^ Biles, Deirdre B. (November 9, 2004). "Foxfield Phasing Out Breeding Operation at Keeneland Sale". The Blood-Horse.

Further reading

  • Bruck, Connie (1988). "Chapter 8: Icahn-TWA: From Greenmailer to Manager-Owner". The Predators' Ball. New York: Penguin. ISBN 978-0-14-012090-5.
  • Stevens, Mark; Stevens, Carol Bloom (1993). King Icahn: The Biography of a Renegade Capitalist. New York: E. P. Dutton. ISBN 978-0525936138.

Fact Sheet

  • Wondering what Carl Icahn's full name is? Carl Icahn's full name is Carl Celian Icahn
  • Carl Icahn's nationality is United States
  • What does Carl Icahn do? Carl Icahn's job is being a(n) Businessman, CEO
  • Carl Icahn celebrates their birthday on 2-16
  • What is Carl Icahn's age? Carl Icahn is 88 years old
  • Carl Icahn is currently Married (Gail Icahn)
  • Which school did Carl Icahn go to? Carl Icahn attended Princeton University, New York University School of Medicine, New York University, Far Rockaway High School
  • Carl Icahn is a proud parent of 2 kids
  • Carl Icahn's kids are Brett, Michelle

FAQ

Carl Icahn 2024 net worth is $19400 million USD
Carl Icahn has a networth of $19400 million USD
Carl Icahn has an estimated wealth of $19400 million USD
Carl Icahn has approximately $19400 million USD



Tags: Carl Icahn net worth 2024, 2024 net worth Carl Icahn 2024, what is the 2024 net worth of Carl Icahn , what is Carl Icahn net worth 2024, how rich is Carl Icahn 2024, Carl Icahn wealth 2024, how wealthy is Carl Icahn 2024, Carl Icahn valuation 2024, how much money does Carl Icahn make 2024, Carl Icahn income 2024, Carl Icahn revenue 2024, Carl Icahn salary 2024, Carl Icahn annual income 2024, Carl Icahn annual revenue 2024, Carl Icahn annual salary 2024, Carl Icahn monthly income 2024, Carl Icahn monthly revenue 2024, Carl Icahn monthly salary 2024

Leave a Reply

Your email address will not be published.