Brett Icahn

Brett Icahn (born August 19, 1979) is an American businessman, investor, and philanthropist.

Brett Icahn
Born (1979-08-19) August 19, 1979
NationalityAmerican
EducationChoate Rosemary Hall
Alma materPrinceton University
OccupationBusinessman, investor, philanthropist
Parent(s)Carl Icahn
Liba Trejbal

Early life

His father is billionaire investor Carl Icahn (born 1936), majority shareholder of Icahn Enterprises (Nasdaq: IEP), and his mother is Liba Trejbal, a former ballerina from Czechoslovakia.[1][2][3][4] He graduated from Choate Rosemary Hall and Princeton University.[2][3][4][5][6]

Career

Icahn interned at Goldman Sachs.[6] Shortly after, he directed art films.[6] In 2001, he founded Myelin Media.[5] He joined his father's company, Icahn Enterprises, in 2002.[6] Since June 2004, he has been an investment analyst for Icahn Partners LP, Icahn Master, Icahn Master II and Icahn Master III and Icahn Partners Master Fund LP.[5] He co-manages a hedge fund with David Schechter,[3] which includes the Sargon portfolio from his father's company.[7] Icahn and Schechter have invested heavily in Apple and Netflix shares.[7] In 2011, his hedge fund had a return of 50 percent.[8]

He serves as Vice President of Modal LLC.[5] He has served on the Board of Directors of American Railcar Industries since January 16, 2007, the Hain Celestial Group (Nasdaq: HAIN) since July 2010, the Cadus Corporation since July 1, 2010, and Motricity since January, 2010.[4][5][9] He also serves on the board of Take-Two Interactive (Nasdaq: TTWO) and HowStuffWorks.[2][5][9]

Icahn has played an instrumental role in his father's company's attempted takeover of Lions Gate.[10]

Personal life

Icahn resides on Long Island, New York. In 2012, his father gave him management responsibility for US$3 billion.[1]

References
  1. Miles Weiss, Carl Icahn Hands Son Brett $3 Billion to Prove His Mettle, Bloomberg BusinessWeek, August 13, 2012
  2. Betty Jin, Brett Icahn On The Possibility He Might Soon Take Over His Dad's Company: Nepotism Doesn't Exist At Icahn, Business Insider, July 12, 2010
  3. Sam Jones, Dan McCrum, Icahn’s son hones skills with $3bn fund, The Financial Times, August 14, 2012
  4. Paul Tharp, Billion $ Baby: Icahn Brings His Son, 27, Into the Business, The New York Post, April 22, 2007
  5. Bloomberg BusinessWeek
  6. Janet Morrissey, The Raider in Winter: Carl Icahn at 75, The New York Times, April 16, 2011
  7. Vardi, Nathan (March 5, 2015). "Brett Icahn Stands To Make $183 Million At Dad's Investment Company". Forbes. Retrieved October 19, 2015.
  8. Courtney Comstock, 31-Year Old Brett Icahn's Hedge Fund Returned 50% Last Year, Business Insider, April 19, 2011
  9. Forbes
  10. Worden, Nat (July 10, 2010). "Brett Icahn Takes High-Profile Role in Lions Gate Negotiations". Wall Street Journal.
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