Carl Icahn is an American businessman, investor, and activist shareholder. He is the founder of Icahn Enterprises (a conglomerate holding company). Carl is the chairman of Federal-Mogul Corporation. According to Forbes magazine, Carl Icahn is the 5th wealthiest hedge fund manager in the world. Carl Icahn is the 26th richest person in the United States of America.
Carl Icahn net worth is $20 billion
Carl Icahn’s real name is Carl Celian Icahn. He was born on 16 February 1936, to Michael Icahn and Bella, in Brooklyn, New York. Carl was raised in a Jewish family, his father Michael was a teacher and his mother Bella was also a school teacher.
Carl completed his schooling at Far Rockaway High School and completed his bachelor of arts in philosophy from Princeton University. After completing his degree he then entered New York University School Of Medicine, but after two years he dropped out to join army reserves.
He started his career as a wall street stockbroker in 1961.
In 1968, he founded a security firm called “Icahn & Co.”, a security firm that focused on options trading and risk arbitrage. He took a loan of $400,000 from his uncle, M. Elliot Schnall, to buy a place in the “New York Stock Exchange”.
In 1978, he started acquiring small individual companies by buying their shares. In 1985, Carl took over a major American airline company Trans World airlines, after his acquisition he developed a reputation as a “corporate raider”. In 1988 Carl sold the company’s assets to improve the returns for equity investors. He took two private with a personal profit of $469 million, and later in 199, he sold its London routes to American Airlines for $445 million.
Carl was the chairman of many companies such as Icahn Enterprises, XO Communication, Imclone, West point home, cards, and American Railcar Industries, he was the director of blockbuster LLC.
The Icahn Enterprises invested in different industries such as casinos, games, medals, real estate, railcars, auto parts, energy food packaging, and home fashion. Carl was one of the initial investors in Netflix in 2013 he sold nearly 50% of his stock Netflix for over $800 million, this transaction is said to be one of the largest stock gains in the history of wall street.
Carl Icahn has donated more than $1 billion, for building Icahn Stadium on Randall’s Island in New York, Icahn laboratories in Princeton University, Icahn school of medicine at Mount Sinai, Icahn house in the Bronx for homeless people. In 2010, he joined the Giving Pledge list.
In 1979, Icahn married a ballerina from Czechoslovakia Liba Trejbal. In 1993, they separated and divorced in 1999 after years of litigation. The couple had two children, Brett Icahn and Michelle Icahn.
In 1999, Carl married his assistant Gail Golden.
Аwаrdѕ & Асhіеvеmеntѕ
Carl Icahn won several awards in his career. He is one of the greatest investors of all time, his investment style fascinates many people. In 1990, Carl was awarded as the Man of the Year. In 2001, Carl won Starlight Foundation’s Founder Award and Guardian’s Angel Man of the Year award.
He also won the Golden Plate Award of the American Academy of Achievement. He won the Effecting Change Award for his contribution to improving education in society.
Carl Icahn’s net worth is $20 billion. Carl Icahn is one of the successful investors of wall street. He has made his fortune through investments, as a CEO of Icahn Enterprises and as a chairman of Federal-Mogul Corporation. Carl owns a 92% share in Icahn Enterprises. Icahn Enterprises is a conglomerate company that invests in different sectors.
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