<SEC-DOCUMENT>0001567619-20-021684.txt : 20201230
<SEC-HEADER>0001567619-20-021684.hdr.sgml : 20201230
<ACCEPTANCE-DATETIME>20201230170151
ACCESSION NUMBER:		0001567619-20-021684
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20201228
FILED AS OF DATE:		20201230
DATE AS OF CHANGE:		20201230

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Krongard A B
		CENTRAL INDEX KEY:			0001312913

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09516
		FILM NUMBER:		201426511

	MAIL ADDRESS:	
		STREET 1:		C/O UNDER ARMOUR, INC.
		STREET 2:		1020 HULL STREET
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21230

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ICAHN ENTERPRISES L.P.
		CENTRAL INDEX KEY:			0000813762
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTOR VEHICLE PARTS & ACCESSORIES [3714]
		IRS NUMBER:				133398766
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		16690 COLLINS AVE,
		STREET 2:		PH-1
		CITY:			SUNNY ISLES BEACH
		STATE:			FL
		ZIP:			33160
		BUSINESS PHONE:		(305) 422-4000

	MAIL ADDRESS:	
		STREET 1:		16690 COLLINS AVE,
		STREET 2:		PH-1
		CITY:			SUNNY ISLES BEACH
		STATE:			FL
		ZIP:			33160

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN REAL ESTATE PARTNERS L P
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc1.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2020-12-28</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000813762</issuerCik>
        <issuerName>ICAHN ENTERPRISES L.P.</issuerName>
        <issuerTradingSymbol>IEP</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001312913</rptOwnerCik>
            <rptOwnerName>Krongard A B</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O ICAHN ENTERPRISES L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>16690 COLLINS AVENUE - PH-1</rptOwnerStreet2>
            <rptOwnerCity>SUNNY ISLES BEACH</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>33160</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Depositary Units</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2020-12-28</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>19285</value>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>51.0052</value>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>36008</value>
                    <footnoteId id="F4"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Please see footnotes</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Depository Units representing limited partner interests (&quot;Depository Units&quot;) in Icahn Enterprises L.P. (the &quot;Issuer&quot;).</footnote>
        <footnote id="F2">Represents Depository Units purchased by The Krongard Foundation Inc. Mr. Krongard may be deemed to indirectly beneficially own these Depository Units. Mr. Krongard disclaims beneficial ownership of such Depositary Units except to the extent of his pecuniary interest therein.</footnote>
        <footnote id="F3">Represents the weighted average purchase price of multiple transactions, with Depository Units purchased at prices ranging from $50.82 to $51.24 per Depository Unit. The reporting person hereby undertakes to provide, upon request by the U.S. Securities and Exchange Commission staff, the Issuer or a unitholder of the Issuer, full information regarding the number of Depository Units purchased at each separate price.</footnote>
        <footnote id="F4">Includes 16,723 Depository Units owned by Mr. Krongard's spouse. Mr. Krongard may be deemed to indirectly beneficially own these Depository Units. Mr. Krongard disclaims beneficial ownership of such Depositary Units for all purposes.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/S/ Alvin B. Krongard</signatureName>
        <signatureDate>2020-12-30</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
