Who is Miami Heat’s owner Micky Arison?

Miami Heat owner Micky Arison has experienced immense success since taking over as owner in 1995. The Heat have won three NBA titles under Arison’s ownership in 2006, 2012 and 2013 and have become one of the league’s most well-respected franchises. However, Arison’s success outside the NBA has been equally impressive.

Arison, aged 73, is the chairman of the world-famous cruise operation Carnival Corporation. The company, initially known as Carnival Cruise Line was co-founded by Arison’s father Ted Arison, who also brought the Heat franchise to Miami in 1988. However, despite his family connections, Arison had to work his way up in the business world.

Born in Tel Aviv, Israel, Arison immigrated to the U.S. as a child. He later attended the University of Miami before dropping out to become a sales representative for his father’s cruise line in 1972. Arison was eventually named Carnival’s president and CEO in 1979. He then served in the position until 2013 when he transitioned to chairman.

Under Arison’s leadership, Carnival expanded and acquired other successful cruise lines. These include Holland America Line, Seabourn Cruise Line, Cunard Line, Costa Cruises, and Princess Cruises. This led to Carnival Cruise Line’s parent company becoming known as Carnival Corporation in 1993.

As of today, Carnival Corporation & plc is the largest and most successful cruise operator in the world.

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What is Micky Arison’s net worth?

Israeli-American billionaire businessman and chairman of Carnival Corporation & plc Micky Arison

As of 2023, Micky Arison’s net worth is valued at $5.6 billion by Forbes and $10.6 billion by Bloomberg. This comes from a combination of his ownership of the Miami Heat as well as his role overseeing Carnival Corporation, among other investments.

According to Bloomberg, Carnival has more than 100 ships serving more than 11 million people annually. The company has an estimated net worth of $12.26 billion.

Arison currently manages diversified travel and tourism holdings for Carnival while overseeing the Heat, one of the NBA’s most successful organizations. According to Forbes, the Heat are now worth an estimated $3 billion.