Carl Icahn

Carl Icahn
Special Advisor to the President on Regulatory Reform
In office
January 20, 2017 – August 18, 2017
PresidentDonald Trump
Preceded byPosition established
Succeeded byVacant
Personal details
Born
Carl Celian Icahn

(1936-02-16) February 16, 1936 (age 90)
New York City, New York, U.S.
Spouse(s)
Liba Trejbal
​
(m. 1979⁠–⁠1999)​

Gail Golden
​
(m. 1999)​
Children2 (notably Brett)
Alma materPrinceton University
New York University
OccupationFounder of Icahn Enterprises
Chairman of Federal-Mogul
Signature
WebsiteBusiness website
Personal website

Carl Celian Icahn (born February 16, 1936) is an American business magnate, investor, and philanthropist.

He is described as an activist investor. This means he uses his investment to change how a company runs its business.

He is the founder and majority shareholder of Icahn Enterprises, a holding company based in New York City that invests in lots of different companies and industries. Icahn is also Chairman of Federal-Mogul, an American developer of vehicle safety products.

Early life

Icahn was born in a Jewish family in New York City. He studied at Princeton University and at New York University.

Business career

In the 1980s Icahn became known as a "corporate raider" after profiting from the hostile takeover and asset stripping of the American airline TWA.

Icahn has held many controlling positions in many corporations, including RJR Nabisco, TWA, Texaco, Phillips Petroleum, Western Union, Gulf & Western, Viacom, Uniroyal, Dan River, Marshall Field's, E-II (Culligan and Samsonite), American Can, USX, Marvel Comics, Revlon, Imclone, Federal-Mogul, Fairmont Hotels, Blockbuster, Kerr-McGee, Time Warner, Netflix, Motorola, and Herbalife.

Political roles

Icahn endorsed Donald Trump for the 2016 U.S. presidential election. Trump announced in October 2015 that he would nominate Icahn for Treasury Secretary if he were to be elected. However, this position went to Steve Mnuchin instead.

On December 21, 2016, it was announced that Icahn would serve as Special Advisor to the President on Regulatory Reform under President Donald Trump. Icahn stepped down from the role in August 2017.

Personal life

From 1979 through 1999, Icahn was married to Liba Trejbal. In 1999, he married Gail Golden. He has two children including businessman Brett Icahn.

References

  1. ↑ Farrell, Maureen (2024-09-04). "Wall Street Is Worried About Carl Icahn". The New York Times.
  2. ↑ Antioco, John (2011-04-01). "How I Did It: Blockbuster's Former CEO on Sparring with an Activist Shareholder". Harvard Business Review. ISSN 0017-8012. Retrieved 2024-10-06.
  3. ↑ www.jpost.com
  4. ↑ Kiviat, Barbara (15 February 2007). "10 Questions for Carl Icahn". Time. Archived from the original on 29 May 2013. Retrieved 28 March 2017.
  5. ↑ Grant, Elaine X. (October 2005), "TWA – Death Of A Legend" Archived 2008-11-21 at the Wayback Machine, St Louis Magazine
  6. ↑ Maggie Haberman (21 October 2015). "Carl Icahn, Supporter of Donald Trump, Plans $150 Million 'Super PAC'". New York Times. Retrieved 21 October 2015.
  7. ↑ Ana Swanson (September 29, 2015). "Donald Trump's first Cabinet pick is just as controversial as he is, and a lot richer". Washington Post.
  8. ↑ Pramuk, Jacob (2016-12-21). "Trump names Icahn as special advisor on regulation, vows to shred Obama rules". CNBC. Retrieved 2017-01-19.
  9. ↑ Carl Icahn Issues Statement

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