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||$91.83||$9,992,099,897||History »||Related Stories »|
|Apple Inc.||AAPL||52,760,848||$128.95||$6,803,511,350||History »||Related Stories »|
|CVR ENERGY, Inc.||CVI||71,198,718||$41.67||$2,966,850,580||History »||Related Stories »|
|eBay Inc.||EBAY||46,271,370||+445,686||$59.30||$2,743,892,241||History »||Related Stories »|
|Federal-Mogul Corporation||FDML||121,111,976||$12.35||$1,495,732,904||History »||Related Stories »|
|Chesapeake Energy||CHK||73,050,000||+6,600,000||$16.54||$1,208,247,000||History »||Related Stories »|
|Hologic, Inc.||HOLX||34,154,879||$34.01||$1,161,607,435||History »||Related Stories »|
|HERTZ GLOBAL HOLDINGS, Inc.||HTZ||51,922,405||+2,633,163||$22.37||$1,161,504,200||History »||Related Stories »|
|Nuance Communications, Inc.||NUAN||60,784,623||$15.13||$919,671,346||History »||Related Stories »|
|NetFlix Inc.||NFLX||1,411,926||$557.03||$786,485,140||History »||Related Stories »|
|HERBALIFE LTD.||HLF||17,000,000||$41.62||$707,540,000||History »||Related Stories »|
|TALISMAN ENERGY, Inc.||TLM||76,060,078||$7.98||$606,959,423||History »||Related Stories »|
|Gannett Co.||GCI||14,967,373||$34.77||$520,415,560||History »||Related Stories »|
|NAVISTAR INTERNATIONAL||NAV||16,272,524||+1,935,000||$29.83||$485,409,391||History »||Related Stories »|
|Transocean||RIG||21,477,900||$18.83||$404,428,857||History »||Related Stories »|
|Mentor Graphics Corp||MENT||16,120,289||$24.06||$387,854,154||History »||Related Stories »|
|FreightCar America, Inc.||RAIL||11,871,268||$27.43||$325,628,882||History »||Related Stories »|
|Manitowoc||MTW||10,582,660||+50,000||$19.80||$209,536,668||History »||Related Stories »|
|CVR REFINING LP||CVRR||6,000,000||$22.15||$132,900,000||History »||Related Stories »|
|Voltari||VLTC||4,739,620||+4,061,417||$10.45||$49,529,029||History »||Related Stories »|
|Southern Connecticut Bancorp, Inc.||SSE||4,746,421||$4.74||$22,498,036||History »||Related Stories »|
|Enzon Pharmaceuticals, Inc.||ENZN||5,904,863||$1.34||$7,912,517||History »||Related Stories »|