Who is the Miami Heat’s Owner Micky Arison?
Know all about the Miami Heat's owner Micky Arison and how he amassed his vast fortune.
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Miami Heat's owner Micky Arison
Micky Arison is the owner of the NBA franchise Miami Heat since 1995. Owner of the cruise line Carnival Corporation, Arison is the forerunner of the largest cruise shift company with over a hundred ships operating across the world. So exactly how much do we know about the Miami Heat’s owner Micky Arison?
One of the most successful and revered owners in the NBA, Micky Arison, has amassed astounding wealth from his business ventures. Since his tenure at the helm, the Miami Heat has won three Championships in the NBA – in 2006, 2012, and 2013, respectively.
Beloved among the fans and revered by his rivals, Arison has established himself as a successful personality in the world of business and sports. Here’s what you didn’t know about the Miami Heat’s owner Micky Arison.
Micky Arison Bio and Career
Born June 29, 1949, to Mina Wasserman and Ted Arison, Micky Arison spent his early childhood in Tel Aviv. He would later move to the US with his family and went on to pursue higher education at the University of Miami.
By then, Ted Arison already owned the Carnival Corporation, and Micky dropped out of college to operate as a sales executive at the firm. Known for his work ethic and business insight, Micky Arison is a successful businessperson and a revered franchise owner in the NBA.
Micky Arison’s Net Worth
Micky Arison has amassed astounding wealth throughout his career in the professional field. Starting as a sales executive at the Carvinal Corporation, Arison worked his way ahead into the world of tourism and hospitality.
Currently, Micky Arison has an estimated net worth of about $5.6 billion from his many investments in the business world. He acquired the ownership of the Miami Heat in 1995 from his father, Ted Arison, who previously co-owned the franchise along with Billy Cunningham.
Launched in 1988, the Miami Heat is relatively one of the newest franchises in the NBA. During its time of acquisition, the Heat was said to have a value of about under one billion and has since risen to an estimated net worth of $3 billion today. His son Nick Arison is currently acting as the CEO of the franchise.
Miami Heat Previous Owners
Here is the list of all the previous owners of the franchise since 1989.
Micky Arison – 1995-2021
Ted Arison, Billy Cunningham – 1989-1994
FAQs
How many owners does the Miami Heat have?
The Miami Heat is owned by Micky Arison and his son Nick Arison operates as the CEO of the franchise.
Who currently owns the Miami Heat?
American billionaire Micky Arison currently owns the Miami Heat.
Who owned the Miami Heat before Micky Arison?
Mickey Arison’s father Ted Arison owned the Miami Heat before him.
How much is the owner of the Miami Heat worth?
Miami Heat’s owner Micky Arison has an estimated net worth of $5.6 billion in 2023.
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Ritvik Malhotra
(1085 Articles Published)