Carl Icahn vs George Soros

Carl Icahn’s profile picture
George Soros’s profile picture
Founder, Icahn Capital Management
Founder, Soros Fund Management LLC
$17.49 Billion
Net worth 2018
$8 Billion
Investments
Industry
Investments
New York, New York
Residence
Budapest, Hungary
United States
Country
United States
16/02/1936
BirthDay
12/08/1930
Height
1.75 m
2
Children
5
Bachelor of Arts / Science, Princeton University; Drop Out, New York University
Education
Bachelor of Arts / Science, London School of Economics
NET WORTH STATISTIC
TIMELINE
2017

6 billion USD making him the 26th wealthiest person on the Forbes 400, and the 5th wealthiest hedge fund manager as of February 2017

2016

On January 30, 2016, Icahn donated $1 million for US veterans groups at a Des Moines, Iowa, fundraiser held by Donald Trump

2015

In December 2015 Icahn made a qualifying offer to purchase the auto-parts and maintenance chain Pep Boys for $15

2014

In October 2014, Icahn took a stake in Canadian energy company Talisman Energy

2013

He also made large contributions to Mount Sinai Hospital, New York, of which he is a trustee, which in return not only named a building the Icahn Medical Institute designed by Davis Brody Bond, but also, in 2013, renamed the Mount Sinai School of Medicine as the Icahn School of Medicine at Mount Sinai

2012

In October 2012, Icahn purchased a 10% stake in Netflix

2011

On March 15, 2011, Mentor's board issued a strong warning to its shareholders against a proxy action by Icahn

2010

In 2010, Icahn joined the Giving Pledge list, pledging to give away more than half his fortune, yet has not decided on the specific beneficiaries

2009

In April 2009, Icahn engaged in a proxy battle for Amylin

2008

In September/October 2008 Icahn was involved in the rejected attempted purchase of Imclone by Bristol Myers Squibb and in the eventual sale of Imclone to Eli Lilly and Company in an all-cash deal valued at $6

2007

Beginning in 2007, Icahn gradually increased his stake in biotechnology company Biogen

2006

In 2006, he was honored with the 100 Women in Hedge Funds Effecting Change Award for his outstanding contributions to improving education

2005

In 2005, XO Holding announced its intention to sell the wired part of its business for $700 million to its majority shareholder and chairman Icahn; the money would be used to pay back its debts and to buy back its preferred stock for about $600 million from Icahn

2004

Having bred more than 140 stakes horses, in 2004 Icahn shut down Foxfield, selling all his mares and weanlings without reserve at the Keeneland Sales November breeding stock auction

2001

He was also named Guardian Angel 2001 Man of the Year

1999

In 1999, Icahn married his longtime assistant and former broker, Gail Golden

1993

They separated in 1993 and divorced in 1999 after years of litigation during which Liba sought to invalidate a prenuptial agreement she had signed prior to their marriage, claiming duress as she was pregnant at the time

1992

In 1992, Foxfield ended its racing operation and became a commercial breeder

1991

In 1991, he sold TWA's London routes to American Airlines for $445 million

1990

Icahn's Meadow Star won the 1990 Breeders' Cup Juvenile Fillies and was voted the Eclipse Award for Outstanding Two-Year-Old Filly

1988

" In 1988, Icahn took TWA private, gaining a personal profit of $469 million, and leaving TWA with a debt of $540 million

1985

In 1985 Icahn established Foxfield Thoroughbreds, a horse breeding operation

1980

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

1979

In 1979, Icahn married Liba Trejbal, a ballerina from the former Czechoslovakia

1978

In 1978, he began taking controlling positions in individual companies

1961

Icahn began his career on Wall Street as a stockbroker in 1961; in 1968, he formed Icahn & Co

1957

Carl graduated from Princeton University with a Bachelor of Arts degree in philosophy in 1957 and then entered New York University School of Medicine, but he dropped out after two years to join the army reserves

1936

Carl Celian Icahn (born February 16, 1936) is an American businessman, investor, and philanthropist

2017

In July 2017, Soros was elected an Honorary Fellow of the British Academy (HonFBA), the United Kingdom's national academy for the humanities and social sciences

2015

A Russian intergovernmental letter released in December 2015 stated that Soros' charities were "forming a perverted perception of history and making ideological directives, alien to Russian ideology, popular

2014

In January 2014, Soros was ranked number 1 in LCH Investments list of top 20 managers having posting gains of almost $42 billion since the launch of his Quantum Endowment Fund in 1973

2013

In October 2013, Soros donated $25,000 to Ready for Hillary, becoming a co-chairman of the super PAC's national finance committee

2012

On September 27, 2012, Soros announced that he was donating $1 million to the super PAC backing President Barack Obama's reelection Priorities USA Action

2011

In October 2011, Soros drafted an open letter entitled "As concerned Europeans we urge Eurozone leaders to unite," in which he calls for a stronger economic government for Europe using federal means (Common EU treasury, common fiscal supervision, etc

2010

In October 2010, Soros donated $1 million to support California's Proposition 19

2009

In February 2009, Soros said the world financial system had in effect disintegrated, adding that there was no prospect of a near-term resolution to the crisis

2008

In 2008, he was inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of Fame along with David Swensen, Louis Bacon, Steven Cohen, Kenneth Griffin, Paul Tudor Jones, Seth Klarman, Michael Steinhardt, Jack Nash, James Simmons, Alfred Jones, Leon Levy, Julian Roberston, and Bruce Kovner

2007

Time magazine in 2007 cited two specific projects—$100 million toward Internet infrastructure for regional Russian universities, and $50 million for the Millennium Promise to eradicate extreme poverty in Africa—noting that Soros had given $742 million to projects in the U

2006

In September 2006 Soros pledged $50 million to the Millennium Promise, led by economist Jeffrey Sachs to provide educational, agricultural, and medical aid to help villages in Africa enduring poverty

2005

In November 2005, Soros said: "My personal opinion is there's no alternative but to give Kosovo independence

2004

On September 28, 2004, he dedicated more money to the campaign and kicked off his own multistate tour with a speech: Why We Must Not Re-elect President Bush delivered at the National Press Club in Washington, D

2003

In 2003 former Federal Reserve chairman Paul Volcker wrote in the foreword of Soros's book The Alchemy of Finance:George Soros has made his mark as an enormously successful speculator, wise enough to largely withdraw when still way ahead of the game

2002

According to National Review Online the Open Society Institute gave $20,000 in September 2002 to the Defense Committee of Lynne Stewart, the lawyer who has defended controversial, poor, and often unpopular defendants in court and was sentenced to 2⅓ years in prison for "providing material support for a terrorist conspiracy" via a press conference for a client

2000

He received the Yale International Center for Finance Award from the Yale School of Management in 2000 as well as an honorary degree in economics from the University of Bologna in 1995, the oldest university in the world

1999

)In 1999, economiSt Paul Krugman was critical of Soros's effect on financial markets

1998

In 1998's The Crisis of Global Capitalism: Open Society Endangered Soros explained his role in the crisis as follows:The financial crisis that originated in Thailand in 1997 was particularly unnerving because of its scope and severity

1997

" In 1997, Soros closed his foundation in Belarus after it was fined $3 million by the government for "tax and currency violations

1995

United when the league was founded in 1995, but the group lost these rights in 2000

1994

" In 1994, Soros delivered a speech in which he reported that he had offered to help his mother, a member of the Hemlock Society, commit suicide

1992

On October 26, 1992, The Times quoted Soros as saying: "Our total position by Black Wednesday had to be worth almost $10 billion

1990

Lenders began to make more money available to more people in the 1990s to buy houses

1989

In 1989, the Commission des Opérations de Bourse (COB—the French stock exchange regulatory authority) conducted an investigation of whether Soros's transaction in Société Générale should be considered insider trading

1988

In 1988, Soros was contacted by a French financier named Georges Pébereau who asked him to participate in an effort to assemble a group of investors to purchase a large number of shares in Société Générale, a leading French bank that was part of a privatization program (something instituted by the new government under Jacques Chirac)

1987

I did it first in The Alchemy of Finance (in 1987), then in The Crisis of Global Capitalism (in 1998), and now in this book

1984

Soros played a role in the peaceful transition from communism to democracy in Hungary (1984–89) and provided a substantial endowment to Central European University in Budapest

1983

They had three children:In 1983, George Soros married Susan Weber, twenty-five years his junior

1981

By 1981 the fund had grown to $400m, and then a 22% loss in that year and substantial redemptions by some of the investors reduced it to $200m

1980

Soros received honorary doctoral degrees from the New School for Social Research (New York), the University of Oxford in 1980, the Corvinus University of Budapest, and Yale University in 1991

1979

" From 1979, as an advocate of 'open societies', Soros financially supported dissidents including Poland's Solidarity movement, Charter 77 in Czechoslovakia and Andrei Sakharov in the Soviet Union

1974

It represented Kosovo, the Turkish Republic of Northern Cyprus (under military occupation by Turkey since 1974), Somaliland and the Polisario Front of Western Sahara

1973

Since its inception in 1973, the fund has generated $40 billion

1970

Soros has been active as a philanthropist since the 1970s, when he began providing funds to help black students attend the University of Cape Town in apartheid South Africa, and began funding dissident movements behind the Iron Curtain

1969

In 1969 Soros set up the Double Eagle hedge fund with $4m of investors' capital including $250,000 of his own money

1966

In 1966 he started a fund with $100,000 of the firm's money to experiment with his trading strategies

1963

He spent the years from 1963 to 1966 with his main focus on the revision of his philosophy dissertation

1954

In 1954, Soros began his financial career at the merchant bank Singer & Friedlander of London

1951

Soros earned a Bachelor of Science in philosophy in 1951, and a Master of Science in philosophy in 1954, both from the London School of Economics

1947

In 1947, Soros immigrated to England and became a student at the London School of Economics

1945

In 1945, Soros survived the Siege of Budapest in which Soviet and German forces fought house to house through the city

1944

Tivadar not only saved his immediate family but also many other Hungarian Jews, and George would later write that 1944 had been "the happiest [year] of his life," for it had given him the opportunity to witness his father's heroism

1936

In 1936 Soros's family changed their name from the German-Jewish Schwartz to Soros, as protective camouflage in increasingly antisemitic Hungary

1930

George Soros, Hon FBA (/ˈsɔːroʊs/, /ˈsɔːrɒs/; Hungarian: Soros György, pronounced [ˈʃoroʃ ˈɟørɟ]; born György Schwartz, August 12, 1930) is a Hungarian-American investor, business magnate, philanthropist, political activist and author