Highlights
Micky Arison is chairman and CEO of Carnival Corp., the world's largest cruise operator, and majority owner of the NBA's Miami Heat. Arison, who was born on June 29, 1949, is also among the world's richest businessmen, with his wealth pegged at $6.1 billion by Forbes magazine in 2006. Arison was raised in the cruise business and learned the ropes early from his father Ted Arison, who founded Carnival Cruise Lines with one ship in 1972. Ted Arison was also the primary backer in the effort to bring the Heat to Miami. Its inaugural season was 1988-89. Micky Arison dropped out of the University of Miami to work at Carnival. He started in their sales department, served as reservations manager in...
Micky Arison is chairman and CEO of Carnival Corp., the world's largest cruise operator, and majority owner of the NBA's Miami Heat. Arison, who was born on June 29, 1949, is also among the world's richest businessmen, with his wealth pegged at $6.1 billion by Forbes magazine in 2006. Arison was raised in the cruise business and learned the ropes early from his father Ted Arison, who founded Carnival Cruise Lines with one ship in 1972. Ted Arison was also the primary backer in the effort to bring the Heat to Miami. Its inaugural season was 1988-89. Micky Arison dropped out of the University of Miami to work at Carnival. He started in their sales department, served as reservations manager in 1974, became vice president of passenger traffic in 1976, and moved up to president in 1979. He was appointed chairman of the board of directors in 1990, succeeding his father. Arison has overseen a number of major acquisitions by the company that went public in 1987. In 1989, he orchestrated the purchase of the Holland America Line. He also led the purchase of Seabourn Cruise Line and the Cunard Line, operator of the Queen Mary 2. He oversaw the acquisition of P&O Princess Cruises in 2002 in a deal valued at about $8.2 million, making the company the largest cruise operator with 82 ships. It had revenues of more than $11.8 billion in 2006. In 1995, Arison bought out a couple of his father's partners in the Heat and took control of the team, installing famed NBA coach Pat Riley to lead the franchise. His son, Nick Arison, is now one of his limited partners in a group that also includes Julio Iglesias, Raanan Katz, Sidney Kimmel and Robert Sturges. When the Heat's original home, Miami Arena, was deemed obsolete without revenue-generating suites, Arison forged a public-private partnership with Miami-Dade County to build AmericanAirlines Arena, which opened on Biscayne Bay on Dec. 31, 1999. Arison is paying for the majority of the $213 million arena, which also received $60 million from the state and $6.4 million annually from the county for maintenance and operation. The team's fortunes took off with the drafting of guard Dwyane Wade in 2003 and the trade for superstar center Shaquille O'Neal in 2004. The pair led the team to its first NBA championship in 2006. Arison took the NBA's Larry O'Brien Trophy on a world tour, with stops in Italy and China, to visit cruise ship operations. A passionate, but reserved fan, Arison can be found at most games sitting with his wife Madeleine and sometimes Nick and his daughter Kelly at the broadcaster's table at AmericanAirlines Arena. He was elected chairman of the NBA Board of Governors in October 2005. Arison has received a number of honors worldwide for his work in the cruise industry, including being named an "Officer of the French Legion of Honor" by French President Jacques Chirac and earning an honorary doctorate in naval architecture from the University of Genoa. Arison supports numerous arts and community organizations, including the New World Symphony, Miami City Ballet, Jackson Memorial Foundation and the Community Partnership for the Homeless. He donated his $2.4 million annual bonus Carnival from 2004 to tsunami relief efforts and $2.5 million from his 2005 bonus to hurricane relief.
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Wade leads Heat past Wizards
The Associated PressDwyane Wade scored 24 points before taking the fourth quarter off, and the Miami Heat held Washington without a field goal for 9 minutes in the second half on the way to an easy 97-77 victory over the Wizards on Friday night. Michael Beasley scored 19...Tags: David Oliver, Beijing Games, National Basketball Association, Miami Heat, Caron Butler
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Dinner for 50 within 15 minutes of Manalapan?
Sun-Sentinel.comAsk John! Sun Sentinel restaurant writer John Tanasychuk answers YOUR questions about restaurants, eating out and more. To submit your question, e-mail here. Please include your name, city and state with each question. -------------------- Wednesday,...Tags: Jason Smith, Economic Sanctions, Gaming and Lotteries, Government, A.C. Green
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GM Pfund decides to resign
South Florida Sun-SentinelIf any doubt had lingered about Pat Riley's absolute control over Heat personnel decisions, it was erased Monday with the announcement that General Manager Randy Pfund has resigned. While Riley and Pfund had spent two decades working together, first on...Tags: Government, Public Employees, Chris Kaman, Values, Dwyane Wade
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Chalmers apologizes for bad judgment
A contrite Mario Chalmers spoke out about his banishment from the NBA's rookie symposium Friday, acknowledging that he made an error in judgment but denying numerous reports that he was using marijuana. The Miami Heat rookie guard, who helped Kansas...Tags: National Collegiate Athletic Association, Philadelphia 76ers, Miami Heat, Andrew Bynum, Colleges and Universities
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Forbes 400: our team owners and a newcomer to the list
The Business of Sports | Sun-Sentinel BlogsSo, billionaires aren???t doing any better in these difficult financial times than we are, according to Forbes, which released its list of 400 richest Americans today. According to the Forbes report, ???The rich haven???t gotten richer ??? or poorer ???.....Tags: H. Wayne Huizenga, Florida Marlins, Football, Dolphin Stadium, Bill Gates
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Raptors heap further indignities upon Heat
The Associated PressChris Bosh scored 24 points on 8-for-11 shooting, Andrea Bargnani added 22 and the Toronto Raptors shot 60 percent Monday night on the way to beating the hapless Miami Heat 114-82. Anthony Parker scored 18 points for the Raptors, who delivered more...Tags: Miami Heat, National Basketball Association, Los Angeles Lakers, Basketball, Anthony Parker
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Riley begins another rebuilding project
Los Angeles Times Staff WriterIn the bleak time between the end of his playing days and the beginning of a broadcast career with the Lakers that eventually led to the head-coaching job, Pat Riley buried himself in carpentry as a hobby. It turned out to be good training. Time and...Tags: National Basketball Association, Shaquille O'Neal, Phoenix Suns, New York Knicks, Shawn Marion
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Heat part ways with Hardaway
The Associated PressPenny Hardaway's comeback attempt with the Miami Heat has ended. The 36-year-old forward was waived Wednesday, a move that cleared the roster spot Miami needed to sign another former first-round draft pick -- guard Luke Jackson. But the Heat haven't...Tags: Miami Heat, Surgery, Medical Conditions, Contracts, Therapies
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Forbes magazine list of 400 richest Americans
The 400 richest Americans, including U.S. citizens now living abroad, as compiled by Forbes magazine. Following each name is the person's age, net worth, hometown and source of wealth. Where more than one name is listed under a number, there is a tie....Tags: Energy Resources, Gaming and Lotteries, Petroleum Industry, Tourism and Leisure, eBay Incorporated
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Transcript of Stan Van Gundy's introductory news conference with Orlando Magic
Otis Smith: "We started this offseason in the process of looking for a head coach. We targeted two guys, and we actually hired them both in a six-day period of time. I just want to thank all you guys for being here as I introduce the new head coach of...Tags: Steve Francis, Otis Smith, Public Relations, Jameer Nelson, Sacramento Kings
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Forbes List - Part One of Two
The ranking of the world's richest people as estimated by Forbes magazine. Listings include rank, name, home country or state, age where known, wealth in billions of dollars and source of the money. Listings where the home country is United States are...Tags: Beauty Products and Fragrances, Energy Resources, Technology, FedEx Corporation, Hotel and Accommodation Industry
Nov 14, 2008
|Story| Associated Press
Nov 6, 2008
|Story| South Florida Sun-Sentinel
Sep 30, 2008
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Sep 6, 2008
|Story| Allentown Morning Call
Sep 19, 2008
|Blog| Sun-Sentinel
Feb 5, 2008
|Story| Orlando Sentinel
Feb 11, 2008
|Story| Los Angeles Times
Dec 13, 2007
|Story| Orlando Sentinel
Sep 21, 2007
|Story| Associated Press
Jun 7, 2007
|Story| Orlando Sentinel
Mar 10, 2005
|Story| Associated Press
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