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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 | |
| President | Donald Trump |
| Personal details | |
| Born | Carl Celian Icahn February 16, 1936 New York City, U.S. |
| Spouses | Liba Trejbal
(m. 1979; div. 1999)Gail Golden (m. 1999) |
| Children | 2, including Brett Icahn |
| Education | Princeton University (BA) |
| Occupation | Businessman, investor, philanthropist |
| Known for | Founding and Managing Icahn Enterprises Leadership of Federal-Mogul 1980s "corporate raider" |
| Signature |  |
| Website | carlicahn.com |
Carl Celian Icahn (/ˈaɪkɑːn/; born February 16, 1936) is an American businessman, investor, and philanthropist. 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]
- ^ Goldstein, Matthew (May 3, 2019). "Billionaire Carl Icahn Discloses Subpoena Over Stock Trading". The New York Times.
- ^ Kiviat, Barbara (February 15, 2007). "10 Questions for Carl Icahn". Time. Archived from the original on May 29, 2013.
- ^ Grant, Elaine X. (October 2005). "TWA – Death Of A Legend". St. Louis Magazine. Archived from the original on November 21, 2008.
- ^ "Carl Icahn". Bloomberg.com. Bloomberg L.P.
- ^ "Carl Icahn". Forbes.
- ^ Herbst-Bayliss, Svea (March 8, 2011). "Icahn to return his clients' money". Reuters.