Carl Icahn
Carl Icahn's fortune took a $10 billion hit following a short seller report.
  • Legendary investor Carl Icahn's wealth dropped by $10 billion after a short-seller's allegations. 
  • Hindenburg Research released a report alleging "Ponzi-like" economic structures at Icahn Enterprises.
  • Shares of Icahn Enterprises closed 20% lower at $40.36 on Tuesday.

Activist investor Carl Icahn's wealth plunged by $10 billion on Tuesday after Hindenburg Research — a short-seller that took on one of Asia's richest men earlier this year — targeted Icahn Enterprises with a scathing report.