Micky Arison

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Micky Arison
Micky Arison (cropped).jpg
Arison in 2006
Born (1949-06-29) June 29, 1949 (age 75)
Tel Aviv, Israel
Education University of Miami (dropped out)
Occupation(s)Chairman of Carnival Corporation & plc
Owner of the Miami Heat
SpouseMadeleine Arison
Children2
Parent(s) Ted Arison
Mina Wasserman
Relatives Arison family
Awards3× NBA champion (as owner) 2006, 2012, 2013 with Heat

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. [1]

Contents

Early 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. [2]

Career

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). [3]

Arison (bottom right) with the Miami Heat in 2006 at the White House Shaquille O'Neal, Pat Riley and Micky Arison at the White House.jpg
Arison (bottom right) with the Miami Heat in 2006 at the White House

Compensation and wealth

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. [4]

As of March 2025, Arison's wealth was calculated at $8.65 billion. [5]

In 2024, he was ranked at #137 on the Forbes 400 list of wealthiest individuals. [5]

Personal life

Arison is married to Madeleine Arison, and they have two children. [6] [7] Their son Nick Arison is chief executive officer of the Miami Heat. [8]

Arison owns two 200-foot (61 m) yachts which he uses as homes.

In January, 2025, Arison sold his condo resident in Bal Harbour, Florida for $5.8 million, or $1,134 per square foot. [9]

Awards and honors

References

  1. ↑ "Micky Arison, Miami Heat Owner, Steps Down As CEO Of Carnival Corporation". The Huffington Post. June 25, 2013.
  2. ↑ Micky Arison biography at Forbes
  3. ↑ "Directory: Micky Arison". NBA.com. Retrieved 2013-04-26.
  4. ↑ 2009 CEO Compensation for Micky Arison Archived 2009-04-14 at the Wayback Machine , Equilar
  5. 1 2 "Micky Arison". Forbes. Retrieved 2025-03-16.
  6. ↑ "Micky and Madeleine Arison Family Foundation". Foundation Directory Online. Retrieved 2017-06-07.
  7. ↑ "Micky Arison". Forbes . Retrieved 7 June 2017.
  8. ↑ "Nick Arison takes over as CEO of Miami Heat". USA Today . 2011-07-22. Retrieved 2017-06-07.
  9. ↑ "Billionaire Arison family sells waterfront Bal Harbour condo". Yahoo Life. 2025-01-02. Retrieved 2025-03-16.
  10. ↑ Heat owner Micky Arison misses Game 7 vs. Celtics due to health-and-safety protocols - Miami Herald.com
  11. ↑ "Carmelo Anthony, Dwight Howard, Sue Bird, Micky Arison, 'Redeem Team' among Hall of Fame finalists". AP News. 2025-02-14. Retrieved 2025-03-16.
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