Billionaires Who Won't Leave Their Entire Fortune to Their Kids
Some tycoons in the financial world are committed to donating the bulk of their wealth to charity.
| “With wealth comes responsibility – those who have benefitted the most from our economic system have a responsibility to give back to society in a meaningful way.” |
| - Carl Icahn |
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| Icahn controls and manages investment vehicle Icahn Enterprises. According to Reuters, Icahn is Herbalife’s biggest backer (see reference to Herbalife earlier). In 2009, he took a stake in Forest Laboratories and aggressively sought change at the drug maker. Today, with a stake of around 11% in the company, he won hands down as drug maker Actavis agreed to buy Forest Laboratories for $25 billion in cash and stock. |
