Icahn America's Richest Hedge Fund Manager

Sep 19 2013 | 12:39am ET

He may have failed in his bid to block Dell Inc.'s management buyout, but the last 12 months have been very good to Carl Icahn, all the same.

Icahn's net worth soared nearly 40% to $20.3 billion, making him the richest alternative investments honcho in America, according to Forbes magazine. Icahn placed 18th on the annual Forbes 400 ranking of the richest Americans, topped once again by Microsoft Corp. founder Bill Gates, who is worth $72 billion.


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