Micky Arison Biography – Billionaire And Carnival Corporation Chairman

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Micky Arison Biography

Micky Arison is an Israeli-American billionaire businessman. Image Source: Micky Arison's Instagram.

Last updated on June 12th, 2022 at 08:36 am

Micky Arison is a famous Israeli-American businessman. He is the chairman of the world’s largest cruise operator, Carnival Corporation. It is also one of the most successful cruise companies that has been in the industry for many decades.

The businessman surely must have worked hard to reach where he is now. So, people might be curious to learn about him. In this short article, let’s learn more about Micky Arison’s career, net worth, family, wife, and children.

Followed His Father’s Footsteps

The successful businessman was born on June 29, 1949, in Tel Aviv, Israel. He is the son of Ted Arison and Mina Wasserman. Likewise, he was born to a family of business people. Micky Arison’s father was a co-founder of Norwegian Cruise Lines and the founder of Carnival Cruise Lines.

The business tycoon grew up alongside his sister Shari Arison who is also involved in business and is one of the richest women in Israel. In addition, Micky attended the University of Miami. Unfortunately, he dropped out of college and joined his father’s business. With this decision and hard work, he made his dad’s firm one of the world’s largest cruise operators. 

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Micky Arison Net Worth – $6 Billion

The businessperson started his career by working in a sales and customer reservation department before he was handed over the role of president and CEO of Carnival. As he served the company as a CEO for 34 years, his earnings must have been massive. Hence, as per Forbes, Micky Arison’s net worth is $6 billion.

Although Micky’s father was the one to start the Carnival Cruise line business, he worked hard to turn the company into a multinational corporation. In 1976, Arison became vice president of passenger traffic. And in 1979, he was promoted to be company’s president, where he introduced different business plans to grow the firm. 

Micky Arison Net Worth
Micky Arison’s net worth is estimated to be $6 billion. Image Source: Micky Arison’s Instagram.

Going through Cardinal’s history, it first issued 20% of its common shares in an initial of approximately $400 million. Then, the business expanded through acquisition over the next 15-20 years. Likewise, Carnival Cruise Line has a fleet of 23 ships as of April 2022. So, we can say that as the major shareholder, Micky must have pocketed a reasonable sum of money.
Moreover, the Carnival chairman is also the owner of the Miami Heat of the National Basketball Association. Hence, looking at his business ventures, Micky Arison’s net worth being $6 billion is no surprise.

On top of that, Arison’s company’s profit and earnings have helped him gather many properties too. He owns a private jet and several yachts. According to Super Yacht Fan, his yacht Mylin IV’s price is estimated to be $50M. On the other hand, the Arison family also sold their apartment tower in Miami for $90M in 2020.

Alexander Younger is another businessman with massive earnings.

Is Happily Married

Micky is happily married to his spouse, Madeleine Arison. However, it is unknown when the duo tied the knot. On top of that, the couple married in a private ceremony attended by close friends and family members.


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A post shared by Micky Arison (@mickyarison)

Micky Arison’s wife is interested in philanthropy, and the pair donated $3M to the organization that provides critical medical and humanitarian relief to Ukrainian refugees. Micky and his beau are ardent supporters of community organizations like Miami City Ballet, American Red Cross, Jackson Memorial Foundation, and Miami Art Museum. In addition, the lovebirds contributed $5.5 million to research at The Miami Project to Cure Paralysis, The Buoniconti Fund, and the Sayfie Pavilion at the University of Miami.

The husband-wife duo has a beautiful bond and often travels together. Besides this, the businessman hasn’t revealed much information about his spouse. And she also has kept her personal life away from the limelight. 

Has Two Children

As the duo has been married for several years, they are blessed with two children, son Nick Arison and daughter KellyArison. Both kids have grown up and have successful careers. Micky Arison’s son, Nick, is the CEO of Miami Heat. To add more, he is also married to Jenna Green.

Similarly, Micky Arison’s daughter, Kelly, is the godmother of Carnival Sunrise. She is also an advocate of hypermobility spectrum disorder. All in all, both Arison siblings are doing great in their lives.

Overall, the businessman lives a lavish lifestyle with his wife. He seems to be enjoying his life to the fullest. We wish him more success and riches in the future.

Trivia And Facts

  • Micky has 79.1K followers on his Instagram.
  • Arison is also a basketball fan.
  • Micky bought the Miami Heat for $33M in 1988.