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People

Carl Icahn

Founder and chairman, Icahn Enterprises, Carl Icahn

A succession plan names his son Brett Icahn as expected successor.

Biography

Carl Icahn studied philosophy at Princeton and founded Icahn & Co. in 1968, focusing on risk arbitrage and options. He became known as a corporate raider in the 1980s, notably through his takeover of TWA, and has described himself as an activist investor since 1980. He controls Icahn Enterprises (about 87% of units as at 30 June 2026), which holds his investment funds and operating businesses. He stopped managing outside clients' money in 2011.

Carl Icahn’s largest US holdings

From the Q2 2026 13F, worth $8.3bn in total. See every holding and change

  1. Icahn EnterprisesIEP54.0%
  2. Cvr EnergyCVI23.7%
  3. CVR PartnersUAN5.6%
  4. Centuri HoldingsCTRI5.3%
  5. International Flavors & FragrancesIFF4.1%
  6. EchoStarECHO1.7%
  7. Jetblue AirwaysJBLU1.4%
  8. MonroMNRO1.1%
  9. Caesars EntertainmentCZR0.9%
  10. SandRidge EnergySD0.8%

Also at Carl Icahn

  • Brett Icahn Portfolio manager, Icahn Enterprises; expected successor to Carl Icahn

Sources: sec.gov, sec.gov, cnbc.com, en.wikipedia.org, itiger.com. Checked October 2026.