Micky Arison Biography

American billionaire and businessman

Micky Arison (born June 29, 1949) is an Israeli-American billionaire businessman and chairman of Carnival Corporation, the world's largest cruise operator. From 1979 until 2013, he was also the company's chief executive officer. Arison is also the owner of the NBA's Miami Heat, which under his ownership has won three NBA Championships.

Eary life and education

Arison was born on June 29, 1949, in Tel Aviv, Israel, the son of Ted Arison, co-founder of Carnival Corporation. His sister is Shari Arison. He also has a brother, Kames Arison.

Arison attended the University of Miami School of Business at the University of Miami but dropped out to become a sales representative for Carnival Corporation.

Career

Miami Heat

Further information: Miami Heat

Arison has been the owner of the Miami Heat since 1995. During his ownership, Arison hired Pat Riley as the team's head coach (and later team president) and under Arison's ownership the team has won three NBA championships (2006, 2012, and 2013).

Compensation and wealth

In 2011, Forbes magazine calculated Arison's wealth at $7 billion, making him the 169th wealthiest person in the world. In 2009, he earned $7,201,110, which included a base salary of $880,000, a cash bonus of $2,206,116, stocks granted of $3,618,481, and other compensation totaling $496,513.

Personal life

Arison is married to Madeleine Arison, and they have two children. Their son Nick Arison is chief executive officer of the Miami Heat.

He resides in Bal Harbour, Florida. Arison owns two 200 foot yachts which he uses as homes.

Awards and honors

  • Three-time NBA Champion (as owner of the Miami Heat)

References

    External links

    • Micky Arison biography at Forbes
    Western
    Conference
    Micky Arison