Micky Arison Net Worth

Micky Arison Net Worth

Real Name: Micky Arison
Date of Birth: 06/29/1949
Place of Birth: Tel Aviv, Israel

2019 Net Worth: $6.5 Billion
2018 Earnings:

Profession: Former chairman Carnival Corp, owner of Miami Heat NBA basketball team

Micky Arison Biography

Micky Arison was born in Tel Aviv, Israel in June of 1949. Son of Ted Arison, co-founder of Carnival Corporation, which operates the largest cruise ship line in the world. He attended school for a short time at the University of Miami, but dropped out. He has one brother and sister and lives in Bal Harbor, Florida. He owns two 200-foot luxury yachts which he uses as his residences.

Arison served as the CEO of Carnival from 1979 until June of 2013 when he was replaced by another long time board member, Arnold Donald.  Unfortunately, the final years of Arison’s position as CEO were fraught with problems. There was the crash of the Costa Concordia off the coast of Italy in January of 2012 where 32 people lost their lives. Arison failed to make a personal or public appearance after the disaster, which many thought made Arison look arrogant, cold, and insensitive. The following year saw a fire onboard the Carnival Triumph that left passengers stranded with a limited water supply and non-working bathrooms for 5 days. This cruise is now best known as the “Poop Cruise”. Arison stepped down as CEO in June of 2013, although he remains chairman and has a 23 percent stake in the company.

Arison has been the owner of the NBA basketball team Miami Heat since 1995. Miami Heat won the NBA finals in 2006, 2012, and 2013. Before 1995, Miami Heat had only made the playoffs twice and had not win a series in postseason. After Arison purchased the team, Miami Heat has made the playoffs for the 16 out of the past 19 years.

With a net worth of $6.5 billion, Arison is the richest person in the state of Florida as well as one of the richest people in the world.

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