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||$97.67||$10,627,555,232||History »||Related Stories »|
|Apple Inc.||AAPL||52,760,848||$128.46||$6,777,658,535||History »||Related Stories »|
|CVR ENERGY, Inc.||CVI||71,198,718||$41.99||$2,989,634,169||History »||Related Stories »|
|eBay Inc.||EBAY||46,271,370||+445,686||$57.91||$2,679,575,037||History »||Related Stories »|
|Federal-Mogul Corporation||FDML||121,111,976||$13.07||$1,582,933,527||History »||Related Stories »|
|HERTZ GLOBAL HOLDINGS, Inc.||HTZ||51,922,405||+2,633,163||$23.07||$1,197,849,884||History »||Related Stories »|
|Chesapeake Energy||CHK||66,450,000||$16.68||$1,108,386,000||History »||Related Stories »|
|Hologic, Inc.||HOLX||34,154,879||$32.38||$1,105,934,983||History »||Related Stories »|
|Nuance Communications, Inc.||NUAN||60,784,623||$14.30||$869,220,109||History »||Related Stories »|
|NetFlix Inc.||NFLX||1,411,926||$474.91||$670,537,777||History »||Related Stories »|
|TALISMAN ENERGY, Inc.||TLM||76,060,078||$7.78||$591,747,407||History »||Related Stories »|
|Gannett Co.||GCI||14,967,373||$35.40||$529,845,005||History »||Related Stories »|
|HERBALIFE LTD.||HLF||17,000,000||$31.01||$527,170,000||History »||Related Stories »|
|NAVISTAR INTERNATIONAL||NAV||16,272,524||+1,935,000||$29.11||$473,693,174||History »||Related Stories »|
|Mentor Graphics Corp||MENT||16,120,289||$23.46||$378,181,980||History »||Related Stories »|
|FreightCar America, Inc.||RAIL||11,871,268||$31.30||$371,570,689||History »||Related Stories »|
|Transocean||RIG||21,477,900||$16.13||$346,438,527||History »||Related Stories »|
|Manitowoc||MTW||10,582,660||+50,000||$22.13||$234,194,266||History »||Related Stories »|
|CVR REFINING LP||CVRR||6,000,000||$19.46||$116,760,000||History »||Related Stories »|
|Southern Connecticut Bancorp, Inc.||SSE||4,746,421||$4.80||$22,782,821||History »||Related Stories »|
|Enzon Pharmaceuticals, Inc.||ENZN||5,904,863||$1.05||$6,200,107||History »||Related Stories »|
|VOLTARI||VLTC||678,203||$0.72||$488,307||History »||Related Stories »|