Carl Icahn | |
---|---|
Special Advisor to the President on Regulatory Reform | |
In office January 20, 2017 – August 18, 2017 |
|
President | Donald Trump |
Preceded by | Position established |
Succeeded by | Vacant |
Personal details | |
Born |
Carl Celian Icahn February 16, 1936 New York City, New York, U.S. |
Spouse(s) |
Liba Trejbal (m. 1979–99) Gail Golden (m. 1999) |
Children | 2 (including Brett) |
Alma mater |
Princeton University New York University |
Occupation | Businessman, investor, philanthropist |
Known for | Founding and managing Icahn Enterprises Leadership of Federal-Mogul 1980s "corporate raiding" Advising U.S. President Donald Trump on financial regulation |
Net worth | US$16.6 billion (February 2017) |
Signature | |
Website | carlicahn.com |
Carl Celian Icahn (born February 16, 1936) is an American businessman, investor, and philanthropist. He is the founder and majority shareholder of Icahn Enterprises, a diversified conglomerate holding company based in New York City, formerly known as American Real Estate Partners. He is also Chairman of Federal-Mogul, an American developer, manufacturer and supplier of powertrain components and vehicle safety products.
In the 1980s Icahn developed a reputation as a "corporate raider" after profiting from the hostile takeover and asset stripping of the American airline TWA. According to Forbes Magazine, Icahn has a net worth of $16.6 billion making him the 26th wealthiest person on the Forbes 400, and the 5th wealthiest hedge fund manager as of February 2017.
In December 2016, incoming U.S. President Donald Trump asked Icahn to serve as a special economic adviser on financial regulation within his administration. Icahn stepped down from the role in August 2017 in advance of an article in The New Yorker magazine highlighting his conflicts of interests.
Icahn was raised in a Jewish family in the Far Rockaway, Queens section of New York City, where he attended Far Rockaway High School. His father, an atheist, was a cantor, and later a substitute teacher. His mother also worked as a schoolteacher. Carl graduated from Princeton University with a Bachelor of Arts degree in philosophy in 1957 and then entered New York University School of Medicine, but he dropped out after two years to join the army reserves.