Carl Icahn Net Worth is$10.5 Billion
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Profession: Businessperson, Financier, Investor
Date of Birth: Feb 16, 1936
Nicknames: Carl C Icahn, ICAHN CARL C ET AL, ICAHN CARL C
Ethnicity: White, Jewish people
Country: United States of America
Carl Icahn is a businessman, financier and chairman with a net worth of $10.5 billion. Carl Icahn earned his net worth through the many companies where he serves as chairman, his ownership of Adventrix Pharmaceuticals and Vector Group, plus his many shares in various companies. He was born in Queens, New York City, New York.
Carl Celian Icahn (born February 16, 1936) is an American business magnate and investor.
Icahn was raised in Far Rockaway, Queens, New York City, where he attended Far Rockaway High School. His father was a cantor, his mother was a schoolteacher. He was educated at Princeton University (A.B., philosophy, 1957) and New York University School of Medicine, but left without graduating.
Icahn began his career on Wall Street in 1961. In 1968, he formed Icahn & Co., a securities firm that focused on risk arbitrage and options trading. In 1978, he began taking control of positions in individual companies. He has taken substantial or controlling positions in various corporations including RJR Nabisco, TWA, Texaco, Phillips Petroleum, Western Union, Gulf & Western, Viacom, Uniroyal, Dan River, Marshall Field's, E-II (Culligan and Samsonite), American Can, USX, Marvel Comics, Revlon, Imclone, Federal-Mogul, Fairmont Hotels, Blockbuster, Kerr-McGee, Time Warner and Motorola.
In 2004, Icahn purchased a large block of stock of Mylan Laboratories, after Mylan had announced a deal to acquire King Pharmaceuticals. Icahn threatened a proxy fight over the acquisition, on the ground that the deal required Mylan to overpay. In early 2005, Mylan gave up its efforts to acquire King, but according to the management, the decision was made after it monitored relevant facts, not due to pressure from Icahn.
In 2006, Icahn sold his stake in KT&G (Korea Tobacco & Ginseng) for a substantial profit.
In 2007, Icahn and his affiliates owned majority positions in firms including ACF Industries, American Railcar Industries, XO Communications, Philip Services, and NYSE-listed Icahn Enterprises, formerly known as American Real Estate Partners.
Icahn made an attempted run as a major shareholder of Time Warner, owning about 3.3% of the company valued at billions of dollars. He has been actively seeking to influence the direction of Time Warner, often in conflict with its former chief exe

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Carl Icahn Latest News

Carl Icahn declares war on Xerox

Carl Icahn is declaring war against Xerox. "Xerox desperately needs new leadership," Icahn wrote in a caustic letter to company shareholders Tuesday. "There is still time for change -- but very little." Icahn wants to replace CEO Jeff Jacobson and shake-up ...
Posted: December 12, 2017, 4:43 am

Carl Icahn: Once Cleaned Up, Xerox Should Be Acquired

Corporate raider-turned activist Carl Icahn has a boardroom battle at Xerox Corp. (XRX) underway. He's seeking to install a minority slate of four dissident directors to the document technology company's 11-person board. However, Icahn's campaign's real ...
Posted: December 12, 2017, 9:49 am

Carl Icahn to SandRidge shareholders: Vote 'no' on Bonanza Creek deal

Carl Icahn, who has vociferously opposed SandRidge Energy Inc.'s acquisition of Bonanza Creek Energy Inc. of Denver, is going straight to SandRidge shareholders. Icahn, who owns about 13.5 percent of Oklahoma-based SandRidge (NYSE: SD), sent out a letter ...
Posted: December 15, 2017, 6:01 am
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