Carl Icahn is a billionaire financier, ranking #18 on the 2007 Forbes 400 list with an estimated net worth of $14.5 billion.
Icahn built a name for himself in the 1980s as a corporate raider. After keeping quite for years, Icahn made a major comeback as a 'activist investor'. An activist investor agitates companies for changes, including buyouts, share buybacks, and dividend increases.
In 2007, Icahn's activism successfully pushed biotech company MedImmune into a sales agreement with AstraZeneca (NYSE: AZN). Icahn is also involved with biotech company Imclone Systems (Nasdaq: IMCL), where he is Chairman of the Board.
Icahn is also involved with developments at Biogen Idec (Nasdaq: BIIB) and WCI Communities (NYSE: WCI), which both unsuccessfully explored sales. WCI rejected a $22 per share takeover offer from Icahn in early 2007, only to see its stock plummet on the housing slowdown.
In 2008, Icahn targeted Yahoo! (Nasdaq: YHOO) after the Internet company failed to work out an acceptable merger agreement with Microsoft (Nasdaq: MSFT) Microsoft walked away from its bid for Yahoo! after months of bickering.
Carl Icahn's Portfolio
|Company||Ticker||# of Shares||Change||Price||Value|
|ICAHN ENT DEP UTS||IEP||108,810,845||+1,598,191||$91.60||$9,967,073,402||History »||Related Stories »|
|Apple Inc.||AAPL||52,760,848||$124.24||$6,555,007,756||History »||Related Stories »|
|CVR ENERGY, Inc.||CVI||71,198,718||$42.00||$2,990,346,156||History »||Related Stories »|
|eBay Inc.||EBAY||46,271,370||+445,686||$57.52||$2,661,529,203||History »||Related Stories »|
|Federal-Mogul Corporation||FDML||121,111,976||$12.88||$1,559,922,251||History »||Related Stories »|
|Hologic, Inc.||HOLX||34,154,879||$31.94||$1,090,906,836||History »||Related Stories »|
|HERTZ GLOBAL HOLDINGS, Inc.||HTZ||51,922,405||+2,633,163||$20.63||$1,071,159,216||History »||Related Stories »|
|Chesapeake Energy||CHK||73,050,000||+6,600,000||$14.22||$1,038,771,000||History »||Related Stories »|
|Nuance Communications, Inc.||NUAN||60,784,623||$14.00||$850,984,722||History »||Related Stories »|
|HERBALIFE LTD.||HLF||17,000,000||$41.86||$711,620,000||History »||Related Stories »|
|NetFlix Inc.||NFLX||1,411,926||$418.26||$590,552,169||History »||Related Stories »|
|TALISMAN ENERGY, Inc.||TLM||76,060,078||$7.62||$579,577,795||History »||Related Stories »|
|Gannett Co.||GCI||14,967,373||$36.06||$539,723,471||History »||Related Stories »|
|NAVISTAR INTERNATIONAL||NAV||16,272,524||+1,935,000||$28.84||$469,299,593||History »||Related Stories »|
|Mentor Graphics Corp||MENT||16,120,289||$23.24||$374,635,517||History »||Related Stories »|
|FreightCar America, Inc.||RAIL||11,871,268||$29.41||$349,133,992||History »||Related Stories »|
|Transocean||RIG||21,477,900||$15.33||$329,256,207||History »||Related Stories »|
|Manitowoc||MTW||10,582,660||+50,000||$20.79||$220,013,502||History »||Related Stories »|
|CVR REFINING LP||CVRR||6,000,000||$20.58||$123,480,000||History »||Related Stories »|
|Southern Connecticut Bancorp, Inc.||SSE||4,746,421||$3.74||$17,751,615||History »||Related Stories »|
|Enzon Pharmaceuticals, Inc.||ENZN||5,904,863||$1.03||$6,082,009||History »||Related Stories »|
|VOLTARI||VLTC||678,203||$0.75||$508,653||History »||Related Stories »|