Another Disappointing Year for Carl Icahn

Despite big gains last year from two huge energy bets, the octogenarian activist’s portfolio once again finished in the red.

Carl Icahn (Andrew Harrer/Bloomberg)

Carl Icahn

(Andrew Harrer/Bloomberg)

Carl Icahn’s investment portfolio posted its third straight annual loss in 2021.

The octogenarian, who was celebrated in a recent HBO documentary and who recently launched an activist battle with McDonald’s over how it treats pigs, finished the year down 0.3 percent after posting a sharp loss in the fourth quarter, according to a regulatory filing.

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