Yacht Name: Mylin IV -
Owners Name: Micky Arison -
The motor yacht Mylin IV was built by Royal van Lent for the late Ted Arison, founder of Carnival Cruise Lines. Luxury yacht Mylin is still owned by his son Micky Arison, Chairman and CEO at Carnival Corporation. The yacht was named after Teds wife Lin and was his fourth and last yacht.
Mylin IV was the first Feadship to have a bulbous bow, which was designed and developed in cooperation with the Dutch Maritime Research Institute (MARIN). In 1992 Mylin IV won the Showboats Awards for the best full-
Mylin is powered by two MTU Engines, which bring her a top speed of 20 knots.
The yacht Mylin is not available for a yacht charter.
Arison was raised in the cruise business and learned the business early from his father Ted Arison, who founded Carnival Cruise Lines in 1972.
Micky Arison dropped out of the University of Miami to work at Carnival Cruise Lines.
He started in their sales department, served as reservations manager in 1974, became vice president of passenger traffic in 1976, and moved up to president in 1979.
He was appointed chairman of the board of directors in 1990, succeeding his father. Arison has overseen a number of major acquisitions by the company that went public in 1987.
He oversaw the acquisition of P&O Princess Cruises in 2002 in a deal valued at about USD 8.2 million, making the company the largest cruise operator with 82 ships.
In 2015 Carnival Corporation operated more than 100 ships under 10 brand names. Carnival realized a turnover of USD 15,7 billion and a net income of USD 1,8 billion. It carried 10,8 million passengers with 90.000 employees.
Micky Arison still holds approx. 110 million shares worth USD 4,2 billion. In 2011 alone Micky Arison received about USD 110 million in dividends (USD 1 per share). His net worth is estimated at US$ 9.6 billion
In 2011 Micky sold his stake in the Arison family holding Arison Holdings to his sister Shari Arison. Arison Holdings owns the Israeli companies Bank Hapoalim and Shikun u'Binui Holdings Ltd, an Israeli real estate company. Arison also owns the yacht Sirona, which he purchased from Ray Catena.
Arison is married, his wife is Madeleine Arison. The Arison family has several homes including a condominium on Collins Avenue in Bal Harbour, Florida.
Arison has a private jet with registration N305CC. The jet is a Gulfstream G650, which was delivered in 2013. A G650 has a list price of US$ 65 million.
Message to Other Media
Please mention and link to this page, when using this information. Thanks!