Carl Icahn is a public investor, known for making large bets on corporations. He made his fortune by buying up shares of undervalued companies and attempting to gain control of them to improve their profitability. In March 2012, "Bloomberg Billionaires Index" ranked him as the richest person in New York City with a net worth of US$20 billion. Icahn Capital Management provides shareholders with the opportunity to participate in Mr. Icahn's investment success by owning a diversified portfolio of common stocks that he has selected and purchased for his own account. The Wall Street Journal consistently ranks him as one of the top performing hedge fund managers in the country.
Carl Icahn's investment approach is characterized by his focus on value and active involvement in management. His portfolio is headlined by a significant stake in Icahn Enterprises L P - Unit, which serves as the primary vehicle for many of his investments and reflects his diverse interests across various sectors. Another core holding is CVR Energy Inc, an oil refining and nitrogen fertilizer company that showcases Icahn's belief in energy and industrial commodities. Southwest Gas Holdings Inc, a utility player, diversifies his stock selections, underlining attention to stable revenue streams and essential services. International Flavors & Fragrances Inc., represents an interest in companies with high barriers to entry due to their specialized product lines. Lastly, CVR Partners LP - Unit indicates Icahn's continuing investment strategy in yield-generating assets within the chemical manufacturing industry. Each named entity plays a strategic role in building a robust Carl Icahn investment landscape shaped by potential growth, shareholder activism, and market resilience.
He got a job in arbitrage trading in 1961. He founded his first company, Icahn & Co, in 1968. The firm specialised in arbitrage and options trading. In 1978, he increasingly changed his strategy and bought more into companies.
He is known as an active investor. Sometimes he is referred to as a “Corporate Raider”. He buys enough shares in a company to actively shape the company, e.g. by taking a leading position in the company.
Carl Celian Icahn was born in Queens, New York City on February 16, 1936. He is an American billionaire and investor. Icahn grew up in a Jewish family as the son of teachers. He studied philosophy at Princeton University. After receiving his degree in 1957, he studied medicine again at the request of his mother at New York University. However, he dropped out. He then went to the army for two years. After he came back to New York, he started his career on Wall Street.
