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||101,872,909||+1,436,503||$100.28||$10,215,815,315||History »||Related Stories »|
|CVR Energy||CVI||71,198,718||$48.03||$3,419,674,426||History »||Related Stories »|
|Forest Laboratories, Inc.||FRX||30,662,005||$89.58||$2,746,702,408||History »||Related Stories »|
|Apple, Inc.||AAPL||4,730,739||+855,676||$524.94||$2,483,354,131||History »||Related Stories »|
|Federal-Mogul Corporation||FDML||121,111,976||$17.76||$2,150,948,694||History »||Related Stories »|
|Chesapeake Energy Corp.||CHK||66,450,000||$28.17||$1,871,896,500||History »||Related Stories »|
|Nuance Communications, Inc.||NUAN||60,784,623||+474,300||$16.16||$982,279,508||History »||Related Stories »|
|Herbalife||HLF||16,966,485||$55.10||$934,853,324||History »||Related Stories »|
|NetFlix, Inc.||NFLX||2,665,557||$345.74||$921,589,678||History »||Related Stories »|
|Transocean||RIG||21,477,900||$40.58||$871,573,182||History »||Related Stories »|
|Talisman Energy, Inc.||TLM||76,060,078||+14,505,476||$10.89||$828,294,250||History »||Related Stories »|
|Hologic, Inc.||HOLX||34,154,879||$20.79||$710,079,935||History »||Related Stories »|
|Navistar International||NAV||13,309,735||$34.00||$452,530,990||History »||Related Stories »|
|Mentor Graphics Corp||MENT||16,120,289||$21.04||$339,170,881||History »||Related Stories »|
|FreightCar America, Inc.||RAIL||11,871,268||$24.61||$292,151,906||History »||Related Stories »|
|CVR Refining LP||CVRR||6,000,000||$23.79||$142,740,000||History »||Related Stories »|
|Enzon Pharmaceuticals, Inc.||ENZN||5,904,863||$0.98||$5,786,766||History »||Related Stories »|
|VOLTARI||VLTC||678,203||$3.60||$2,441,531||History »||Related Stories »|
|Take-Two Interactive Softwar||TTWO||Liquidated||History »||Related Stories »|