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Learn about billionaire Carl Icahn, how he made his money, what stocks he owns and his outlook on the stock and bond market. Carl Icahn is an 80 year old investor worth $20 billion and one of the 50 wealthiest people in the world. He owns 90% of Icahn Enterprises, an investment fund, the symbol is IEP. He’s a shareholder activist, one of the original corporate raiders and greenmailers. That means he buys stock in companies and causes contention with management about why their stock is undervalued, to the point that they pay him to get rid of him. He’s famous for trying to takeover companies and they either succumb to his management suggestions or pay him to go away. Attempted to takeover Nabisco and was paid $600 million by Philip Morris to go away. Carl Icahn gained fame in the 1980’s by taking over and attempting to take over some large companies like Texaco, TWA and American Airlines. He was successful taking over TWA. It went bankrupt and eventually re-emerged. More recently he’s been contentious with man