Micky Arison

Lore & Background

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. He attended the University of Miami School of Business but left school to become a sales representative for Carnival Corporation.

Reader's Guide

Arison has been the owner of the Miami Heat since 1995. During his ownership, he 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). He is married to Madeleine Arison, and they have two children. Their son Nick Arison is chief executive officer of the Miami Heat. Arison owns two 200 feet yachts which he uses as homes. In January 2025, he sold his condo residence in Bal Harbour, Florida for $5.8 million.

Did You Know?

• In 2009, Arison earned $7,201,110, including a base salary of $880,000.
• As of March 2025, his wealth was calculated at $8.65 billion.
• In 2024, he was ranked #137 on the Forbes 400 list.
• Arison has been announced as a 2025 inductee of the Naismith Memorial Basketball Hall of Fame as a contributor.