Early Life
Micky Arison was born on June 29, 1949, in Tel Aviv, Israel, to Ted Arison, who co-founded Carnival Corporation. He immigrated to the United States with his family. He attended the University of Miami but left to join Carnival Corporation as a sales representative.
Rise to Success
Arison began his career at Carnival Cruise Line in 1972, working in sales and customer reservations. He advanced quickly, becoming president in 1979 and CEO, a role he held until 2013. During his tenure as CEO, Arison oversaw significant expansion and the acquisition of several cruise lines, including Holland America Line, Seabourn Cruise Line, Cunard Line, and Costa Cruises. He also led the company's initial public offering in 1987, fueling further growth. Under his leadership, Carnival became the world's largest cruise operator.
Key Business Strategies
A key strategy of Arison's leadership was expanding Carnival through acquisitions. This strategy, initiated by his father, significantly increased Carnival's market share and global presence. He also focused on innovative marketing, helping Carnival become a household name. In 1995, Arison took control of the Miami Heat, transforming the franchise into a successful team.
Philanthropy
Micky Arison and his wife, Madeleine, are dedicated philanthropists through the Micky and Madeleine Arison Family Foundation. Their foundation supports numerous causes, including education, healthcare, and the arts, with a particular focus on Miami. The foundation donates over $40 million annually to various initiatives.