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MYLIN IV was built for the late Ted Arison, owner of Carnival Cruise Lines. The yacht is still owned by his son Micky Arison currently Chairman and CEO at Carnival Corporation. The yacht was named after Teds wife Lin and was his fourth and last yacht.
Forbes writes about Micky Arison: Captain of Carnival, the world's largest cruise
ship operator, Micky Arison is steering through choppy times. Despite increased occupancy
rates and revenue up 8% to $6.3 billion as of midyear 2010, profits were down 18%,
largely because of rising fuel prices. Today Carnival, which his father founded,
operates 97 ships under 11 brands, including Princess, Holland America, Seabourn.
At any given time there are more than 270,000 people aboard the fleet. Arison is
also majority owner of the NBA's Miami Heat, which hit the ultimate 3-
According to company information Micky Arison and his family hold approximaltely
36% of the outstanding common stock which represents approximately 28% of the voting
power.
He personnally holds 188,031,357 shares(30%). At current (January 2011) stockprices
of USD 47 this represents approximately USD 9 billion. Next to this he is benifical
owner, through the Nickel 1994 B Trust of another 106,114,284 shares.