Carl Icahn- Net Worth, Money and More

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Net Worth $23.4 billion

 

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Carl Icahn was born on 16 February 1936 in Queens, New York City, New York, US. His ethnicity is Jewish. According to Forbes, he is a very rich personality of the era. He is one of the greatest Private Equity investors and corporate leaders in the world. He is raised in a middle class family and is a ver simple man. He studied philosophy during education time. Carl acquired huge profit by buying large stakes in major companies including Tran World Airlines, Texaco oil and United States Steel Corporation. Moreover, he laid the foundation for Foxfield Thoroughbreds and owned Larida for some time. In the year 2011, his autobiography was published which was written by Mark Stevens.

Life:

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Carl belong to a family who was of Jewish descent and his father was a dogmatic atheist and also a frustrated opera singer who settled on being a cantor before becoming a substitute teacher. His mother was a school teacher. In the year 1957, he was graduated from Princeton University and received Bachelor of Arts Degree in philosophy and after that joined the New York University School of Medicine. Later he joined army dropping out from college. Talking about his personal life, he has been married twice. In the year 1979, he married Liba Trejbal who was a Czech ballerina from the former Czechoslovakia who got divorced in the year 1999. They had two children together Brett and Michelle. After this, in the year 1999, he married Gail Golden who was his longtime assistant and former broker and has two children from her prior marriage, Shana L. Golden and Christie R. Golden.

Interests:

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In the year 1961, he began his career on Wall Street as a stroke brocker and in the year 1968 he formed his own Icahn & Co. which was a security firm that focused on risk arbitrage and options trading. Later on he started taking control on other companies like RJR Nabisco, TWA Texaco, Phillips Petroleum, Western Union, Gulf & Western, Viacom, Uniroyal, Dan river, Marshall Field’s. American Can, USX, Revlon, Federal-Mogul, Fairmont Hotels, Motorola and many more. In the year 1985, Carl developed a reputation as a ruthless corporate raider after his hostile takeover. In the year 1988, Carl took TWA private and gained a profit of $469 million and leave it later with a debt of $540 million. Later in the year 1991, he sold TWA’s prized London routes to American Airlines which is worth $445 million. In the year 1987, he was rebuffed by CEO David Roderick. Not only is this, in the year 2004, he purchased a large block of stock of Mylan Laboratories after Mylan announced to acquire King Pharmaceuticals. In the year 2006, he sold his stake in KT&G for a substantial profit. Carl is a very clever businessman and knows how to move his step and in which direction and so every time he joined something, he earned a vast profit and today is a very rich and top personality in the world. Till 2010, he was the director of Blockbuster and the chairman of Imclone, Icahn Enterprises. Also, in the same year he acquired a 14 percent stake in Mentor Graphics. On October 2012 he bought 5.4 million shares of the internet video service provider called Netflix after taking a 10 percent stake in the company. After that, in the year 2013, recently , he as on of the 40 Highest Earning hedge fund managers and on August of the same year he announced that he new sock pick will be Apple. Not only is this, he started to acquire Dell Inc.

Richness:

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Carl is a super-rich billionaire and his net worth is $23.4 billion. He lived a very luxurious life has a very large property. He is very much dedicated towards his works.  He owns a luxurious house, Lily Pond Lane Estate. This grand mansion is located in Long Island in East Hampton, NY USA. This exotic mansion is painted in white and looks nothing less than a place. Also, it is ambience is lush green. Apart from the mansion, he also owns a yacht, Starfire yacht which is extremely expensive luxurious its net worth is $37.5 million and offers all the comfort one can ever live. This adorable yacht provides most superior communication systems this is fully air conditioned and has 6 cabins to accommodate 12 charter guest. The main master cabin has master sized bed. The yacht has marvelous interiors and custom furniture. It is measured 178 feet long and highest speed upto 15 knots.

Philanthropy:

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He is very much involved in philanthropy and likes to spend his money in good causes. Carl made a generous donation to his alma mater, Princeton University which is to fund a genomics laboratory which is named after him. The laboratory is situated at the Institute for Integrated Genomics in the Princeton University Campus. He also seems to be active in Mount Sinai Hospital which is located in New York. He has donated $25 million till now to the premier care facility which has been directed for advanced medical research for providing numerous benefits to the patients by encouraging innovation. Carl was innovative since childhood.

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