In the U.S., he is called “the raider” but Carl Icahn prefers to be called "activist shareholder" , the same nickname than Edward Lampert, Eric Knight or Guy Wyser-Pratte. Across the Atlantic, he is very popular among small shareholders. In early 2007, Fortune magazine was not afraid of telling about him that if "the shareholders love him, business leaders hate him." According to estimates made by Fortune, the other shareholders of firms where Carl Icahn took in the past a part of the capital would have won, thanks to him, $ 50 billion.
Following an extensive study of the company - no matter the line of businesses- and the evolution of its share price, he takes a minority stake. Afterwards, he contacts the CEO of the company: Carl Icahn is hard-nosed, when he has an idea in mind, he never gives up.
In 2007, he propelled his British rival AstraZeneca to buy the pharmaceutical group US Medimmune. He won an important bonus.
Currently, his portfolio companies are active in the capital of two dozen of U.S companies. Via the Swedish activist fund Cevian, whose he is shareholder, Carl Icahn made his first steps in Europe, for example in the capital of the German Munich Re.
Carl Icahn had, according to Forbes in 2011, a fortune estimated at more than $ 12.5 billion. A success whose he is the only one responsible: coming from a modest family, he studied psychology, then medicine, but it is as broker that he began his career in the sixties. At that time, he had to borrow to start working on the New York Stock Exchange. No doubt he has paid all his bills without late.
At 72 years old, he doesn’t seem determined to retire. He just has launched a new blog : Icahnreport.com.
"You learn in this business: It you want a friend, get a dog."
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|Latest news about Carl Icahn|| |
|03/05 - NEW YORK (Reuters) - Billionaire activist investor Carl Icahn said Wednesday that corporate governance at e-commerce giant eBay Inc., in which he is a shareholder, was the worst he had ever seen.
|Icahn says demanding review of eBay records|
|03/03 - NEW YORK (Reuters) - Activist investor Carl Icahn said Monday he is demanding a review of eBay Inc.'s records on its divestiture of Skype, reiterating his view that eBay board member Marc Andreessen had conflicts of interest regarding the sale, while eBay called Icahn's criticisms "false and misleading."
|Ebay founder attacks Icahn over PayPal plan|
Pierre Omidyar, the billionaire founder of eBay, branded activist investor Carl Icahn "false and misleading" yesterday as a row over the future of the auction site escalated.
Icahn has proposed
|EBay Inc. Responds to Carl Icahn|
|02/26 - February 26, 2014--
Carl Icahn doesn't let the truth get in the way of a good story. And while his letters and media interviews may be entertaining, they are not factually accurate. In fact, Mr. Icahn seems to be deliberately disseminating claims that are dead wrong. The claims against