Last Updated: 27 Apr, 2024 | Views: 375
Age: 88
Profession: Business Men
Other Profession(s): Activist Shareholder
Famous For: One Of Wall Street's Most Successful Figures
Higher Education: New York University School of Medicine
Net Worth: $24 billion
About (Profile/Biography):
Carl Celian Icahn was born on February 16, 1936, in New York City, New York. Icahn Enterprises is a diversified conglomerate holding company based in Sunny Isles Beach that he founded and controls. His net worth ranges from $17 billion to $24 billion, making him one of the Forbes 400. He buys large stakes in companies he believes will appreciate as a result of changes in corporate policy and then pressures the management to make those changes. As of 2011, Icahn no longer manages money for external clients, although investors can still invest in Icahn Enterprises.
Carl Icahn Career:
Graduated In 1957: Carl 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 Explanation of the Empiricist Criterion of Meaning."
1983: His profit from selling the shares of ACF Industries to Phillips Petroleum in 1985 was $50 million.
1998: Carl Icahn led an investor group that bought 5% of RJR Nabisco and pressured the company to separate its tobacco and food divisions.
2004: Mylan announced a $4 billion stock deal to acquire King Pharmaceuticals, and Icahn bought a large block of stock and threatened a proxy fight.
2007: The Carl Icahn family invested in BEA Systems to a 13.22% stake a few months before Oracle Corporation announced its acquisition.
2008: Following Microsoft's rejection of a takeover bid by Yahoo, Icahn bought a large block of Yahoo shares and threatened to stage a proxy fight to remove Yahoo's board.
Carl Icahn Awards:
1984: Golden Plate Award of the American Academy of Achievement.
1990: Starlight Foundation – Founders Award & 1990 Man of the Year Award.
2001: Guardian Angel 2001 Man of the Year.
2004: His work with charter schools was recognized by the Center for Educational Innovation - Public Education Association.
2006: His outstanding contributions to education were recognized with the 100 Women in Hedge Funds Affecting Change Award.
Carl Icahn Unknown Facts:
Carl Icahn met Liba Trejbal in the summer of 1978 when she was 28 years old and a ballerina from former Czechoslovakia. After eight months, she fell pregnant, and Icahn offered to marry her if she signed a prenuptial agreement. The couple got married in March 1979.
Carl Icahn married Gail Golden, his longtime assistant, and former broker, in 1999. Her previous marriage resulted in two children.
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