Our Haute 100 list details the accomplishments of the most influential people in each of our markets—Miami, New York, Los Angeles, and San Francisco. These people continue to make moves, so rather than waiting for the next Haute 100 issue to come out, we thought we’d provide you with regular updates on those Haute 100 members who are making headlines. Recently Carl Icahn’s plans to sell his shares in Motricity have made headlines.
Company: Icahn Enterprises
What Made Him Haute: This real estate and finance mogul is ranked as the 20th wealthiest American.
What Makes Him Haute Now: Carl Icahn owns 7.8 million shares in Motricity Inc., which is a mobile phone appliance maker. He is planning to put a majority of those shares on the market very shortly and his actions have led other investors to plan on doing the same. Icahn may not completely sell out his shares in the company, but what he is selling will bring in an estimated $192 million.
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