In this success post, we are going to share the story of Carl Icahn, an American businessman, investor, and activist shareholder who has a net worth of $18 billion.
With his holding company, the Icahn Enterprises, Carl invested in many major companies in the USA and the rest of the world. Apple, Revlon, Casinos, Mylan, Time Warner, Netflix, and many other companies have had Icahn invest in them.
Carl Icahn Childhood
Born and brought up in New York, Icahn is what one would call a typical New Yorker, clever and Street smart. His parents were both school teachers, so we could say that his childhood was pretty much that of a very normal New York Family. After his schooling, Icahn seemed to have become a bit confused about the career path he should choose.
He attended university to graduate in arts and later, for some reason, chose to study medicine. Moreover, he dropped out of medical school and went to join the army. A few years in the army later, he started off his Wall Street career.
Carl Icahn Career
In the year 1961, Carl started as an investor, and by the year 1968 started his company Icahn & Co. With his company, he was a major investor and held essential positions in some of the biggest companies of the US, like Western Union, Motorola, Viacom, Nabisco, Time Warner, and some others.
Most of the Icahn assets went to the American Real Estate Partners, which was, later on, named the Icahn Enterprises.
Icahn investing strategies have always fascinated people. What the rest of the world would sign on as a bad investment was something that Icahn always invested in. And surprisingly enough, it would work for him as some sort of a miracle. It was as if he had his really rare insights into judging what a good investment was and what was not.
Carl Icahn Achievements
Carl is quite often not as appreciated by investors all across the globe. But all of that does not matter to the brilliant investor who claims that he is no Robin Hood and all that he cared about is making money. Lurking behind the market as this invisible and yet smart investor, Carl Icahn continues to be one of the wonders of the Wall Street.
Carl Icahn Net Worth
Carl Icahn is the owner of 92% of Icahn Enterprises, which controls the Federal-Mogul, American Railcar, Tropicana Entertainment, and more. He is the owner of XO Holdings, which he purchased in the year 2011. He has a net worth of $20 billion, according to the Forbes 2020 list.
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