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||$116.69||$11,887,549,752||History »||Related Stories »|
|Forest Laboratories, Inc.||FRX||30,662,005||$94.68||$2,903,078,634||History »||Related Stories »|
|CVR Energy||CVI||71,198,718||$39.66||$2,823,741,156||History »||Related Stories »|
|Apple, Inc.||AAPL||4,730,739||+855,676||$530.44||$2,509,373,196||History »||Related Stories »|
|Federal-Mogul Corporation||FDML||121,111,976||$18.92||$2,291,438,586||History »||Related Stories »|
|Chesapeake Energy Corp.||CHK||66,450,000||$25.85||$1,717,732,500||History »||Related Stories »|
|NetFlix, Inc.||NFLX||2,665,557||$448.37||$1,195,155,793||History »||Related Stories »|
|Herbalife||HLF||16,966,485||$64.74||$1,098,410,239||History »||Related Stories »|
|Nuance Communications, Inc.||NUAN||60,784,623||+474,300||$15.28||$928,789,040||History »||Related Stories »|
|Transocean||RIG||21,477,900||$42.07||$903,575,253||History »||Related Stories »|
|Hologic, Inc.||HOLX||34,154,879||$22.53||$769,509,424||History »||Related Stories »|
|Talisman Energy, Inc.||TLM||76,060,078||+14,505,476||$9.96||$757,558,377||History »||Related Stories »|
|Navistar International||NAV||13,309,735||$35.90||$477,819,487||History »||Related Stories »|
|Mentor Graphics Corp||MENT||16,120,289||$22.59||$364,157,329||History »||Related Stories »|
|FreightCar America, Inc.||RAIL||11,871,268||$26.37||$313,045,338||History »||Related Stories »|
|CVR Refining LP||CVRR||6,000,000||$21.76||$130,560,000||History »||Related Stories »|
|Enzon Pharmaceuticals, Inc.||ENZN||5,904,863||$1.00||$5,904,863||History »||Related Stories »|
|VOLTARI||VLTC||678,203||$3.76||$2,550,044||History »||Related Stories »|
|Take-Two Interactive Softwar||TTWO||Liquidated||History »||Related Stories »|