About Carl Icahn
Carl Celian Icahn is an American businessman and investor. He is the founder and controlling shareholder of Icahn Enterprises, a public company and diversified conglomerate holding company based in Sunny Isles Beach, Florida. Icahn's business model is to take large stakes in companies that he believes will appreciate from changes to corporate policy; Icahn then pressures management to make the changes that he believes will benefit shareholders, and him. Widely regarded as one of the most successful hedge fund managers of all time and one of the greatest investors on Wall Street, he was one of the first activist shareholders and is credited with making that investment strategy mainstream for hedge funds. In 1978, in his first takeover attempt, he took a controlling stake in Tappan and forced the sale of the company to Electrolux, making a profit of $2.7 million, or doubling his investment. In February 2022 Icahn, who held 200 shares of the company, nominated two people for election to McDonald's board of directors in what may be the first step toward a proxy fight. At that year's Newstead Farm Trust sale run by Fasig-Tipton, he paid $4 million for Larida, a six-year-old mare and a record $7 million for the four-year-old bay mare Miss Oceana who was in foal to champion sire, Northern Dancer. She became pregnant 8 months later and Icahn offered to marry her if she signed a prenuptial agreement.
Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.