King Icahn: Biography of a Renegade Capitalist

Carl Icahn is one of the most successful and controversial investors of all time. His aggressive tactics and unwavering determination have earned him the nickname "King Icahn." This biography traces Icahn's rise from humble beginnings to his status as a billionaire investor.

King Icahn: Biography of a Renegade Capitalist

by Mark Stevens

4 out of 5

Language	:	English
File size	:	557 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	268 pages
Lending	:	Enabled

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Early Life and Career

Carl Icahn was born in Queens, New York, in 1936. His father was a cantor and his mother was a schoolteacher. Icahn attended Princeton University, where he studied philosophy. After graduating from Princeton, Icahn worked as a stockbroker at Dreyfus Corporation.

In 1968, Icahn founded his own investment firm, Icahn & Co. Icahn's early investments were in small, undervalued companies. He would often take large stakes in these companies and then use his influence to force management changes or sell the companies at a profit.

TWA and Texaco

In the 1980s, Icahn made his name by taking on two of the largest companies in America: TWA and Texaco. In 1985, Icahn acquired a large stake in TWA and began to pressure the company to sell its assets. Icahn's campaign was successful, and TWA was eventually sold to American Airlines.

In 1986, Icahn took on Texaco, one of the largest oil companies in the world. Icahn acquired a large stake in Texaco and began to pressure the company to sell its assets. Icahn's campaign was unsuccessful, but he did manage to force Texaco to pay him a large settlement.

Recent Years

In recent years, Icahn has continued to invest in a variety of companies. He has been particularly active in the healthcare and energy sectors. Icahn is also a vocal critic of corporate governance and has often used his influence to force changes at companies he invests in.

Legacy

Carl Icahn is one of the most successful and controversial investors of all time. His aggressive tactics and unwavering determination have earned him the nickname "King Icahn." Icahn's legacy is likely to be debated for years to come.

Carl Icahn is a fascinating and complex figure. He is a brilliant investor who has made billions of dollars. He is also a ruthless and aggressive businessman who has been accused of insider trading and other questionable practices. Icahn's legacy is likely to be debated for years to come.

King Icahn: Biography of a Renegade Capitalist

by Mark Stevens

4 out of 5

Language	:	English
File size	:	557 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	268 pages
Lending	:	Enabled

FREE