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||102,857,651||+984,742||$103.56||$10,651,938,338||History »||Related Stories »|
|CVR Energy||CVI||71,198,718||$46.99||$3,345,627,759||History »||Related Stories »|
|Forest Laboratories, Inc.||FRX||30,662,005||$99.00||$3,035,538,495||History »||Related Stories »|
|Federal-Mogul Corporation||FDML||121,111,976||$15.99||$1,936,580,497||History »||Related Stories »|
|Chesapeake Energy Corp.||CHK||66,450,000||$26.45||$1,757,602,500||History »||Related Stories »|
|eBay, Inc.||EBAY||27,803,015||+27,803,015||$52.80||$1,467,999,192||History »||Related Stories »|
|Nuance Communications, Inc.||NUAN||60,784,623||$18.25||$1,109,319,370||History »||Related Stories »|
|NetFlix, Inc.||NFLX||2,244,599||-420,958||$422.16||$947,579,914||History »||Related Stories »|
|Herbalife||HLF||17,000,000||+33,515||$52.50||$892,500,000||History »||Related Stories »|
|Hologic, Inc.||HOLX||34,154,879||$26.05||$889,734,598||History »||Related Stories »|
|Transocean||RIG||21,477,900||$40.35||$866,633,265||History »||Related Stories »|
|Talisman Energy, Inc.||TLM||76,060,078||$10.50||$798,630,819||History »||Related Stories »|
|Apple, Inc.||AAPL||7,537,264||+2,806,525||$95.70||$721,316,165||History »||Related Stories »|
|Navistar International||NAV||13,309,735||$35.27||$469,434,354||History »||Related Stories »|
|Mentor Graphics Corp||MENT||16,120,289||$19.97||$321,922,172||History »||Related Stories »|
|FreightCar America, Inc.||RAIL||11,871,268||$21.54||$255,707,113||History »||Related Stories »|
|CVR Refining LP||CVRR||6,000,000||$25.67||$154,020,000||History »||Related Stories »|
|Enzon Pharmaceuticals, Inc.||ENZN||5,904,863||$1.06||$6,259,155||History »||Related Stories »|
|VOLTARI||VLTC||678,203||$1.72||$1,166,510||History »||Related Stories »|