Cruise News

The highs and lows of Carnival boss Micky Arison

It's a funny old world being the boss of the Carnival Corporation. One minute you are facing an uprising on a cruise that went horribly wrong and the next you are checking to see where you stand in the new Forbes list of billionaires.

imageMicky Arison, pictured, who heads the world’s largest cruise group, is doing pretty well as his personal fortune rose by $1bn last year to a healthy $5.7bn ... that’s £3.8bn in good old English money.

Forbes’ annual ranking of the world’s billionaires for 2013 puts 63-year-old Arison at number 211 with a fortune that has bounced back strongly, doubling in the four years since the world suffered a serious financial meltdown which continues to affect the average man in the street.

The Forbes list also shows that Arison’s sister, Shari, is worth $4.2bn, putting her at number 308.

Carnival Corporation was founded by the Arison family in 1972 with a single ship, but the empire now features 11 brands including Cunard, P&O Cruises and Costa Cruises.

Being chief of such a massive outfit also has its downside trying to sort out the mess when a captain allegedly decides to go showboating in Italy and rolls over the Costa Concordia - just one of the 100 or so ships under Arison’s command. And, just last month, he had to try to pacify a near mutiny on Carnival Triumph after an engine fire in the Gulf of Mexico wiped out the power system.

He received a lot of bad press for attending a basketball game in Miami while 3,000 guests were turning the air blue, as well and rancid, but he did tell them all he was “very sorry” on Twitter.

It was left to Carnival Cruise Lines chief executive Gerry Cahill to board the ship to personally apologise to passengers.

Now where were we ... oh yes, being a billionaire…

Posted on 6th March 2013 at 10:54 am in Cruise News |

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