Carl Icahn

About Carl Icahn

Carl Celian Icahn (born February 16, 1936) is an American billionaire investor and corporate raider. He is the founder and controlling shareholder of Icahn Enterprises, a diversified conglomerate holding company with interests in investment, automotive, energy, food packaging, metals, real estate, and home fashion. Icahn is known as one of the most feared activist investors on Wall Street, having waged high-profile campaigns against major corporations including TWA, Texaco, RJR Nabisco, Apple, and many others. His aggressive tactics have often forced companies to return capital to shareholders or make significant operational changes. His investment strategy focuses on identifying undervalued companies with poor management or inefficient capital allocation. Icahn takes large positions and then pushes for changes such as spin-offs, stock buybacks, management changes, or outright sales of the company. Despite his controversial reputation, Icahn has generated substantial returns over his career. He believes that many companies are worth more broken up than together, and he is not afraid to challenge even the most powerful CEOs and boards.