Spotlight On: Micky Arison, chairman and chief executive of Carnival Corporation
Tuesday 17 January 2012
So who is this captain of industry?
He is the boss of the world's biggest cruise company, Carnival. It operates 101 cruise liners (100 as of Saturday morning) around the world, particularly in the Caribbean and the Mediterranean. It carried 9.6 million passengers in 2011 and generated profits $1.9bn (£1.2bn) on revenues of $15.8bn.
How did he get where he is today?
His father, Ted Arison, founded the company with one ship in 1972. Micky dropped out of Miami University in order to join his pop's business, starting out as reservations manager in 1974. He moved up the ladder, on to the board and finally succeeded his father as chairman in 1990.
What's he done for Carnival?
Big acquisitions. He kicked off with the purchase of Holland America Line in 1989, progressed to take over Seabourn Cruise Line and Queen Mary 2 owner Cunard, and topped it all with the hard-fought, $8.2bn takeover of P&O Princess Cruises in 2002.
Is he rich?
Just a tad. Forbes magazine rated him the 169th-wealthiest person in the world in 2011, but also noted that his was the fastest-falling fortune that year, down to a mere $4.2bn. He earned $7m in pay, bonus and shares last year, and is a well-known philanthropist and supporter of the arts. Micky donated his $2.4m annual bonus from Carnival in 2004 to tsunami relief efforts and $2.5m from his 2005 bonus to hurricane relief. His sister is reportedly the wealthiest woman in Israel.
He owns the Miami Heat basketball team, which tends to dominate his tweeting. He paid the lion's share of the bill for their new, $213m stadium. He is also a holder of France's Légion d'honneur for services to the cruise industry.
- 1 Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
- 2 18th century sex toy found in 'toilet of sword fighting school' in Poland
- 3 US? China? India? The 10 biggest economies in 2030 will be...
- 4 'I wish my teacher knew...': Young students share their 'heartbreaking' worries in notes
- 5 Rebecca Francis accuses Ricky Gervais of using 'influence' to target female hunters after receiving barrage of death threats
General Election 2015: David Cameron catching up in polls – but he badly needs a clear lead
Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
South Africa xenophobic attacks: Shops looted and violence on streets of Johannesburg as foreigners are forced to hide in police stations
18th century sex toy found in 'toilet of sword fighting school' in Poland
'I wish my teacher knew...': Young students share their 'heartbreaking' worries in notes
The only black face in the Ukip manifesto is on the page about overseas aid
If I’m being racially abused I don’t need a stranger with a saviour complex to rescue me
Ukip is the only main political party to not address LGBT rights in its manifesto
Food banks: One million Britons will soon be using them, according to Trussell Trust
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
iJobs Money & Business
£20000 - £25000 per annum + OTE £45,000: SThree: SThree Group have been well e...
£50000 - £667000 per annum + excellent benefits : Ashdown Group: IT Manager / ...
£13000 - £20000 per annum: Recruitment Genius: Scotland's leading life insuran...
£40000 - £45000 per annum + benefits : Ashdown Group: Training Programme Manag...