Billionaire Profile
Micky Arison
Global Rank
#347

Image: Heatwhitehouse.jpg: Original uploader was Zorro37 at en.wikipedia derivative work: Ladislav Faigl (talk) | Public domain | via Wikimedia Commons

Micky Arison

CEO, Carnival Cruises
UNITED STATES
Real-Time Net Worth
$9.617B
Estimated based on Carnival Cruises stock value as of March 6, 2026
-1.33% (24h)
Age
76
Source
Carnival Cruises
Industry
Service
Citizenship
UNITED STATES

Biography

Micky Arison is an Israeli-American businessman and the Chairman of Carnival Corporation, the world's largest cruise operator. Born in Tel Aviv, Israel, in 1949, Arison moved to the United States with his family and later attended the University of Miami, though he did not graduate. He began his career at Carnival Cruise Lines, rising through the ranks before becoming CEO in 1979, a position he held for 34 years. Under his leadership, Carnival experienced significant growth, expanding its fleet and solidifying its position as the industry leader. Beyond his role at Carnival, Arison is also the owner of the Miami Heat, the NBA franchise, since 1995. He has led the Heat to three NBA championships. As of February 2, 2026, his net worth is estimated to be $7.5 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Micky Arison was born on June 29, 1949, in Tel Aviv, Israel. His father, Ted Arison, co-founded Carnival Cruise Lines in 1972. The family moved to the United States in 1954 and settled in Miami, Florida. Arison attended the University of Miami but left to work for Carnival Cruise Lines.

Rise to Success

Arison began his career at Carnival in sales, quickly advancing through the company. He became CEO in 1979, at the age of 30. Under his leadership, Carnival grew from a small operation to the world's largest cruise operator. Arison led the company through various challenges, including economic downturns.

Key Business Strategies

Arison spearheaded the initial public offering of Carnival in 1987, which generated capital for acquisitions and expansion. He led Carnival in acquiring various cruise lines. He also purchased the Miami Heat in 1995, making it a successful NBA franchise.

Philanthropy

Micky and his wife, Madeleine Arison, are known for their philanthropic efforts through the Micky and Madeleine Arison Family Foundation. They have supported various causes, including disaster relief and community service organizations.

Career Milestones

1979

CEO of Carnival Corporation

Became CEO of Carnival Cruise Lines, leading the company's growth and expansion.

1990

Chairman of the Board, Carnival Corporation

Assumed the role of Chairman of the Board.

1995

Owner of Miami Heat

Took control of the Miami Heat NBA franchise.

2006, 2012, 2013

NBA Champion (as owner of Miami Heat)

Won three NBA championships with the Miami Heat.

2025

Naismith Memorial Basketball Hall of Fame Inductee

Inducted into the Naismith Memorial Basketball Hall of Fame as a contributor.

Philanthropy & Social Impact

Philanthropy

Micky and Madeleine Arison Family Foundation

$12M

Supports disease research, health and humanitarian relief, and South Florida initiatives.

Controversies & Challenges

2012

Costa Concordia Disaster

The Costa Concordia ship ran aground off the coast of Italy, resulting in fatalities.