Icahn Enterprises L.P. is an American publicly traded master limited partnership and conglomerate headquartered at Milton Tower in Sunny Isles Beach, Florida.

[7] In February 2016, Icahn Enterprises purchased Trump Entertainment Resorts, which owned the Hard Rock Hotel & Casino Atlantic City.

[18][19] In May 2023, short seller Hindenburg Research released an analysis of Icahn Enterprises with claims that the company is over-valued due to paying large dividends using investments from new investors.

In addition, the analysis claims that Icahn took out loans against a majority of his holdings and that these have the potential to be called should the stock price move downward.

[26] A class-action lawsuit was filed and later dismissed in Florida in September 2024, with the decision highlighting that in disclosures IEP mentioned that dividends could be reduced, and the judge also found that Ichan's personal borrowing activities were adequately disclosed.