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Carl Icahn facts for kids

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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
Carl Celian Icahn

February 16, 1936 (1936-02-16) (age 85)
New York City, New York, U.S.
Liba Trejbal (m. 1979–1999)

Gail Golden (m. 1999)
Children 2 (notably Brett)
Alma mater Princeton University
New York University
Occupation Founder of Icahn Enterprises
Chairman of Federal-Mogul

Carl Celian Icahn (born February 16, 1936) is an American business magnate, investor, activist shareholder, 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. Icahn is also Chairman of Federal-Mogul, an American developer of vehicle safety products.

Early life

Icahn was born in a Jewish family in New York City. He studied at Princeton University and at New York University.

Business career

In the 1980s Icahn became known as a "corporate raider" after profiting from the hostile takeover and asset stripping of the American airline TWA.

Icahn has held many controlling positions in many corporations, including RJR Nabisco, TWA, Texaco, Phillips Petroleum, Western Union, Gulf & Western, Viacom, Uniroyal, Dan River, Marshall Field's, E-II (Culligan and Samsonite), American Can, USX, Marvel Comics, Revlon, Imclone, Federal-Mogul, Fairmont Hotels, Blockbuster, Kerr-McGee, Time Warner, Netflix, Motorola, and Herbalife.

Political roles

Icahn endorsed Donald Trump for the 2016 U.S. presidential election. Trump announced in October 2015 that he would nominate Icahn for Treasury Secretary if he were to be elected. However, this position went to Steve Mnuchin instead.

On December 21, 2016, it was announced that Icahn would serve as Special Advisor to the President on Regulatory Reform under President Donald Trump. Icahn stepped down from the role in August 2017.

Personal life

From 1979 through 1999, Icahn was married to Liba Trejbal. In 1999, he married Gail Golden. He has two children including businessman Brett Icahn.

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