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||$91.52||$9,958,368,535||History »||Related Stories »|
|Apple Inc.||AAPL||52,760,848||$129.62||$6,838,861,118||History »||Related Stories »|
|CVR ENERGY, Inc.||CVI||71,198,718||$38.62||$2,749,694,490||History »||Related Stories »|
|eBay Inc.||EBAY||46,271,370||$58.73||$2,717,517,561||History »||Related Stories »|
|Federal-Mogul Corporation||FDML||138,590,141||+17,478,165||$12.57||$1,742,078,073||History »||Related Stories »|
|Hologic, Inc.||HOLX||34,154,879||$34.61||$1,182,100,363||History »||Related Stories »|
|Chesapeake Energy||CHK||73,050,000||+6,600,000||$14.92||$1,089,906,000||History »||Related Stories »|
|HERTZ GLOBAL HOLDINGS, Inc.||HTZ||51,922,405||$20.53||$1,065,966,975||History »||Related Stories »|
|Nuance Communications, Inc.||NUAN||60,784,623||$16.77||$1,019,358,128||History »||Related Stories »|
|NetFlix Inc.||NFLX||1,411,926||$615.95||$869,675,820||History »||Related Stories »|
|HERBALIFE LTD.||HLF||17,000,000||$51.08||$868,360,000||History »||Related Stories »|
|Gannett Co.||GCI||14,967,373||$35.96||$538,226,734||History »||Related Stories »|
|NAVISTAR INTERNATIONAL||NAV||16,272,524||$27.94||$454,654,321||History »||Related Stories »|
|Mentor Graphics Corp||MENT||16,120,289||$25.85||$416,709,471||History »||Related Stories »|
|Transocean||RIG||21,477,900||$19.31||$414,738,249||History »||Related Stories »|
|FreightCar America, Inc.||RAIL||11,871,268||$22.69||$269,359,071||History »||Related Stories »|
|MANITOWOC COMPANY, Inc.||MTW||10,582,660||+6,090,029||$19.77||$209,219,189||History »||Related Stories »|
|CVR REFINING LP||CVRR||6,000,000||$19.32||$115,920,000||History »||Related Stories »|
|VOLTARI||VLTC||4,739,620||+4,061,417||$7.53||$35,689,339||History »||Related Stories »|
|Southern Connecticut Bancorp, Inc.||SSE||4,746,421||$5.98||$28,383,598||History »||Related Stories »|
|Enzon Pharmaceuticals, Inc.||ENZN||5,904,863||$1.26||$7,440,128||History »||Related Stories »|
|TALISMAN ENERGY, Inc.||TLM||Liquidated||History »||Related Stories »|