Carl Celian Icahn (born February 16, 1936) is an American business magnate.
Icahn was raised in Far Rockaway, Queens, New York City, where he attended Far Rockaway High School. His father was a cantor, his mother was a schoolteacher. He was educated at Princeton University (A.B., philosophy, 1957) and New York University School of Medicine, but left without graduating.
Icahn began his career on Wall Street in 1961. In 1968, he formed Icahn & Co., a securities firm that focused on risk arbitrage and options trading. In 1978, he began taking control of positions in individual companies. He has taken substantial or controlling positions in various 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 and Motorola.
Little is known about Carl Icahns' endeavors prior to the 1990s, yet still many have regarded him as a main player in the "junk bond," and "mortgage bond," industries which transformed corporate America as well as S & L (savings and