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||$81.95||$8,917,048,748||History »||Related Stories »|
|Apple Inc.||AAPL||52,760,848||$122.37||$6,456,344,970||History »||Related Stories »|
|CVR ENERGY, Inc.||CVI||71,198,718||$37.49||$2,669,239,938||History »||Related Stories »|
|Federal-Mogul Corporation||FDML||138,590,141||+17,478,165||$11.16||$1,546,665,974||History »||Related Stories »|
|Hologic, Inc.||HOLX||34,154,879||$40.75||$1,391,811,320||History »||Related Stories »|
|eBay Inc.||EBAY||46,271,370||$28.37||$1,312,718,767||History »||Related Stories »|
|NetFlix Inc.||NFLX||9,883,482||$111.56||$1,102,601,252||History »||Related Stories »|
|Nuance Communications, Inc.||NUAN||60,784,623||$18.11||$1,100,809,523||History »||Related Stories »|
|HERBALIFE LTD.||HLF||17,000,000||$51.07||$868,190,000||History »||Related Stories »|
|HERTZ GLOBAL HOLDINGS, Inc.||HTZ||51,922,405||$16.61||$862,431,148||History »||Related Stories »|
|Chesapeake Energy||CHK||73,050,000||+6,600,000||$8.97||$655,258,500||History »||Related Stories »|
|Mentor Graphics Corp||MENT||16,120,289||$26.12||$421,061,949||History »||Related Stories »|
|Transocean||RIG||21,477,900||$13.95||$299,616,705||History »||Related Stories »|
|NAVISTAR INTERNATIONAL||NAV||16,272,524||$17.53||$285,257,346||History »||Related Stories »|
|FreightCar America, Inc.||RAIL||11,871,268||$18.95||$224,960,529||History »||Related Stories »|
|Gannett Co.||GCI||14,967,373||$12.83||$192,031,396||History »||Related Stories »|
|MANITOWOC COMPANY, Inc.||MTW||10,582,660||+6,090,029||$16.97||$179,587,741||History »||Related Stories »|
|CVR REFINING LP||CVRR||6,000,000||$20.42||$122,520,000||History »||Related Stories »|
|VOLTARI||VLTC||4,739,620||+4,061,417||$8.36||$39,623,224||History »||Related Stories »|
|Southern Connecticut Bancorp, Inc.||SSE||4,746,421||$3.34||$15,853,047||History »||Related Stories »|
|Enzon Pharmaceuticals, Inc.||ENZN||5,904,863||$1.38||$8,148,711||History »||Related Stories »|
|TALISMAN ENERGY, Inc.||TLM||Liquidated||History »||Related Stories »|