Carl Celina Icahn is an investor, philanthropist, and entrepreneur from the United States. He is the founder, owner, and chairman of Icahn Enterprises, a multi-industry conglomerate in the United States. He’s also the chairman of the board of Federal-Mogul, an American auto parts developer, producer, and supplier with two divisions: Federal-Mogul Motorparts and Federal-Mogul Powertrain.
Whatis Carl Icahn’s net worth?
According to Forbes magazine, Carl Icahn has a net worth of $23.4 billion.
|Year||Net Worth||Increase Rate|
|2022||$23.4 billion||17% increase|
|2021||$20 billion||29.03% increase|
|2020||$15.5 billion||46.22% increase|
|2019||$10.6 billion||63.07% increase|
Early life and Education
Born on February 16, 1936, in the Jewish household of Michael and Bella Icahn in New York City, New York, United States. His mother was a schoolteacher, while his father, an atheist, was a cantor who eventually became a substitute teacher.
He attended ‘Far Rockaway High School’ and ‘Princeton University,’ where he earned a ‘Bachelor of Arts’ in philosophy in 1957. He went to the ‘New York University School of Medicine,’ as per his mother’s wishes, but dropped out after two years to join the US army.
In 1961, he began his profession as a stockbroker after serving in the US army. In 1968, he formed the financial firm Icahn & Co. The firm specialized in options trading and risk arbitrage. He borrowed $400,000 from an uncle to purchase a listing on the ‘New York Stock Exchange.’ In 1978, he began buying significant stakes in individual corporations.
In 1985, he attempted a hostile takeover of TWA, a major American airline, and became its chairman, giving him the moniker “corporate raider.” To repay the debt he obtained to buy the company, he resorted to “asset stripping,” or selling the company’s assets.
In 1988, he took ‘TWA’ private and made a personal profit of US$ 469 million, while ‘TWA’ was left with a debt of US$ 540 million. In 1991, he sold TWA’s London flights to American Airlines for $445 million. He subsequently created ‘lowestfares.com’ to offer TWA tickets.
Meanwhile, as the American integrated steel maker ‘US Steel’ was facing a work stoppage in late 1986, Icahn launched a hostile buyout of an 89 percent ownership in the company for US$ 7 billion. He held separate talks with management and the labor union. He also started proxy fights with the company’s management and shareholders. However, on January 8, 1987, he ended his attempt to buy the company.
On February 17, 1987, he formed the American corporation ‘Icahn Enterprises,’ which he founded. Energy, auto parts, casinos, metals, real estate, train cars, home fashion, and food packaging were among the corporation’s industries. It was controlled by Icahn, who owned an 89.8% share in the company. ‘Pep Boys,’ ‘Trump Entertainment Resorts,’ ‘American Railcar Industries,’ ‘Federal-Mogul,’ and ‘Viskase’ are among the companies it currently owns.
In 2005, ‘XO Holding’ planned to sell its wired division for US$ 700 million to Carl Icahn, the company’s biggest stakeholder (60 percent ownership) and chairman. However, in 2008, ‘R2’ and other minority stockholders sabotaged this attempt in the ‘Delaware Court.’
In 2007, he raised his position in Biogen and made a $50 million investment in Motricity. He also owned significant stakes in ‘Philip Services,’ ‘American Railcar Industries,’ ‘ACF Industries,’ and ‘Icahn Enterprises,’ among others.
In June 2008, he published ‘The Icahn Report’ to promote his viewpoint on shareholder activism. It is home to the ‘United Shareholders of America,’ a website where ordinary investors can sign up and advocate for shareholder rights.
He was the chairman of many businesses, including American Railcar Industries, WestPoint Home, XO Communications, and Imclone. Until January 2010, he was the director of ‘Blockbuster.’
He benefited from green mailing, a tactic in which a business would buy him out or agree to the organizational and strategic adjustments he requested in exchange for abandoning his takeover bid.
In October 2012, he purchased a 10% investment in ‘Netflix,’ and a year later, in October 2013, he sold about half of his shares, making a fortune.
He bought 4.7 million shares of Apple Inc., an American multinational technology corporation, in October 2013. In January 2014, he purchased another half-billion dollars worth of the company’s stock. He encouraged the business to buy back its $150 billion worth of stock. He proposed that ‘eBay,’ a worldwide e-commerce firm, separate the payments provider ‘PayPal.’ Icahn, a septuagenarian, is still active in the market and has ties to some of the world’s largest corporations, including ‘Apple,’ ‘Dell,’ ‘Netflix,’ ‘eBay,’ and ‘Family Dollar,’ among others.
Carl Icahn’s Wife
Between 1979 until 1999, he was married to Liba Trejbal. They had two children together. In 1999, Carl married Gail Golden.
If you’re seeking Car Icahn’s contact information, you’ve come to the right place. However, we do not presently have his contact information. We do not have Car Icahn’s residential contact information or fax number.
Carl Icahn’s address is 767 Fifth Avenue, 47th Floor, New York, NY 10153 because it belongs on Carl Icahn’s official website.
|Whatsapp Number||Not Available|
|Discord/Telegram Number||Not Available|
|Snap chat||Not Available|
|Real Name||Carl Celina Icahn|
|Nick Name||Carl Icahn|
|Profession||Businessman, Investor, Philanthropist|
|Age||85 years old|
|Height||In feet: 5.8|
In meter: 1.76m
In CM: 176cm
|Weight||In Kilograms: 82kg|
In Pounds: 181 Ibs
|Relationship||Wife: Liba Trejbal (1979-1999),Gail Icahn(1999-|
|Children||Brett Icahn, Michelle Celia Icahn|
|Parents||Father: Michael Icahn|
Mother: Bella Icahn
Many investors and stockbrokers have come and gone on Wall Street throughout the years, but only a few have succeeded. Carl Icahn, the billionaire investor known for his astute investments, is one of those select few. He is frequently compared to the well-known Warren Buffet, some even claiming that he is a better and more astute investor.