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How much is Carl Icahn's Net Worth? Get to know his Salary, Career and Awards

August 27, 2017
First published on:August 27, 2017
by HitBerry

President Donald Trump adviser, Carl Icahn has surprised all the people by enlisting himself in 26 number in the Forbes list of billionaires in 2017.

All the followers of 81 years billionaire Carl Icahn wants to know his salary, current net worth and about his career. Today we're here with all the information of Carl Icahn. So, stay with us to know about his Salary, net worth, awards and about his career.

How much is Carl Icahn Net Worth?Know about his Career and salary

In 1961, Carl began his career as a Stockbreaker on Wall Street. Later on 1968, he formed Icahn and Co.,  security the firm that concentrated on risk arbitrage and options trading. In 1985, Carl acquired a reputation as a "corporate raider" after his antagonistic takeover of Trans World Airlines.

Early in 1978, Carl began taking commanding positions in individual companies. In 1998, Carl took TWA private, earning a personal Profit of $469 million, and leaving TWA with a debt of $540 million.

Source: static01

Following year, In 1991, he sold TWA's London routes to American Airlines for $445 million. Later, he created lowestfares.com to trade TWA tickets and obtained portions of Global Leisure Travel from Ramy El-Batrawi to join into it.

In 1985, Carl acquired a reputation as a "corporate raider" after his antagonistic takeover of Trans World Airlines. Early in 1978, Carl began taking commanding positions in individual companies.

In 1998, Carl took TWA private, earning a personal Profit of $469 million, and leaving TWA with a debt of $540 million. Following year, In 1991, he sold TWA's London routes to American Airlines for $445 million. Later on, he created lowestfares.com to trade TWA tickets and obtained portions of Global Leisure Travel from Ramy El-Batrawi to join into it and he started to expand his business and become an important investor in America.

Source: CDN

Carl also owns approximately $7 billion worth of Apple stock, so his $100 million investment in Lyft at a $2.5 billion valuation is hardly a rounding failure.

As Chairman of the Board at ICAHN ENTERPRISES LP, Carl made $104,911 in total compensation. Of this total $1 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $104,910 came from other types of compensation.

Source: static4

According to Forbes Magazine  Carl's net worth was estimated to be US @12.5 billion in 2016. But now, Carl has a net worth of $16.2 billion which makes him 26th wealthiest person on the Forbes 400. And also 5th wealthiest hedge fund manager as of Feb 2017.

Source: pressofatlanticity

The Press of Atlantic City reported that "Carl Icahn's  purchased the house for $583,000 at an August auction". Although the home stands next to the now-closed Trump Plaza Hotel and Casino in Atlantic City.