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||127,072,847||+3,520,975||$60.64||$7,705,697,443||History »||Related Stories »|
|American International Group, Inc.||AIG||45,644,982||$66.35||$3,028,544,556||History »||Related Stories »|
|CVR ENERGY, Inc.||CVI||71,198,718||$22.75||$1,619,770,835||History »||Related Stories »|
|Freeport-McMoran Cp & Gld||FCX||104,000,000||$15.19||$1,579,760,000||History »||Related Stories »|
|CHENIERE ENERGY, Inc.||LNG||32,680,490||$43.45||$1,419,967,291||History »||Related Stories »|
|PayPal||PYPL||33,897,153||$41.60||$1,410,121,565||History »||Related Stories »|
|Federal-Mogul Corporation||FDML||138,590,141||$9.93||$1,376,200,101||History »||Related Stories »|
|HERBALIFE LTD.||HLF||19,611,529||+2,611,529||$52.00||$1,019,799,508||History »||Related Stories »|
|Xerox Corp.||XRX||99,030,026||$7.05||$698,161,684||History »||Related Stories »|
|Hertz||HTZ||29,263,869||+16,325,273||$21.88||$640,293,454||History »||Related Stories »|
|NAVISTAR INTERNATIONAL||NAV||16,272,524||$29.75||$484,107,589||History »||Related Stories »|
|Nuance Communications, Inc.||NUAN||19,677,088||-1,976,796||$15.57||$306,372,261||History »||Related Stories »|
|National Medical Financial Services Corporation||MFS||10,582,660||$19.35||$204,774,471||History »||Related Stories »|
|FreightCar America, Inc.||RAIL||11,871,268||$15.31||$181,749,114||History »||Related Stories »|
|China Health Resource, Inc. Class A||HRI||4,312,860||$41.67||$179,716,877||History »||Related Stories »|
|Allergan Inc||AGN||425,438||-2,974,562||$216.14||$91,954,170||History »||Related Stories »|
|CVR REFINING LP||CVRR||5,750,000||-250,000||$11.15||$64,112,500||History »||Related Stories »|
|MANITOWOC COMPANY, Inc.||MTW||10,582,660||$5.96||$63,072,654||History »||Related Stories »|
|VOLTARI||VLTC||4,739,620||$2.60||$12,323,012||History »||Related Stories »|
|Chesapeake Energy||CHK||Liquidated||History »||Related Stories »|
|Transocean||RIG||Liquidated||History »||Related Stories »|