Profile

Carl Icahn

Businessman
Male
Born Feb 16, 1936

Carl Celian Icahn is an American business magnate.

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News + Updates

Browse recent news and stories about Carl Icahn.

  • 58307ade180000270c30efd6
    Chuck Schumer Is All In On Bernie Sanders' Democratic Party
    Huffington Post - Nov 19, 2016
  • 582e31c21a00002400cc8898
    Huffpost Hill Dancing Horse Owner And Man With Gold House To Save The Little Guy
    Huffington Post - Nov 17, 2016
  • 5824f18b1800002e005036ca
    Donald Trump's Proposed Cabinet Would Bring Some Fringe Figures In From The Cold
    Huffington Post - Nov 10, 2016
  • Icahn Snaps Up Falling Hertz Shares
    Wall Street Journal - Nov 09, 2016

Timeline

Learn about the memorable moments in the evolution of Carl Icahn.

CHILDHOOD

1936 Birth Born on February 16, 1936.

TWENTIES

1961 25 Years Old Icahn began his career on Wall Street as a stockbroker in 1961; in 1968, he formed Icahn & Co., a securities firm that focused on risk arbitrage and options trading.

FORTIES

1978 42 Years Old In 1978, he began taking controlling positions in individual companies. … Read More
1979 43 Years Old In 1979, he married Liba Trejbal, a ballerina from the former Czechoslovakia. They separated in 1993 and divorced in 1999 after years of litigation. … Read More
1985 49 Years Old Icahn developed a reputation as a ruthless "corporate raider" after his hostile takeover of TWA in 1985. … Read More

FIFTIES

1988 52 Years Old In 1988, Icahn took TWA private, gaining a personal profit of $469 million, and leaving TWA with a debt of $540 million.
1991 55 Years Old In 1991, Icahn sold TWA's prized London routes to American Airlines for $445 million. … Read More

LATE ADULTHOOD

1999 - 2004 3 More Events
2006 70 Years Old 1 More Event
On February 7, 2006, a group led by Icahn and Lazard Frères CEO Bruce Wasserstein unveiled a 343-page proposal calling for the breakup of Time Warner into four companies and stock buybacks totaling approximately $20 billion.
2007 71 Years Old 1 More Event
In exchange for the Icahn group's cooperation, Time Warner would buy back up $20 billion of stock, nominate more independent members to the board of directors, cut $1 billion of costs by 2007, and continue discussions with the Icahn group over their proposal, particularly on the future of Time Warner Cable.
In 2008, Icahn showed interest in the takeover of Yahoo! and the ousting of Jerry Yang from his position as CEO to allow Microsoft to purchase the web company.
2009 73 Years Old As of June 2009, Icahn has managed to seat two of his allies on Biogen's board with the apparent goal of splitting the company into two entities and possibly replacing CEO James C. Mullen, of whom he has been highly critical.
2010 74 Years Old 1 More Event
In July 2010, Icahn acquired a 14 percent stake in Mentor Graphics. … Read More
2011 - 2012 2 More Events
In February 2013, Forbes listed Icahn as one of the 40 Highest-Earning hedge fund managers.
Icahn endorsed Donald Trump for the 2016 US presidential election. … Read More
Original Authors of this text are noted on http://en.wikipedia.org/wiki/Carl_Icahn.
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