Yacht Length: 61 m (200 ft) -
Micky Arison Net Worth: US$ 8.4 billion -
Mylin was built for Micky’s father Ted Arison and named after his mother Lin.
The motor yacht Mylin IV was built by Royal van Lent. For the late Ted Arison. He is founder of Carnival Cruise Lines. Luxury yacht Mylin is still owned by his son Micky. He is Chairman and CEO at Carnival Corporation. The yacht was named after Teds wife Lin. It was his fourth and last yacht.
Mylin IV was the first Feadship to have a bulbous bow. It 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 boat is not available for yacht charter. And the yacht is not listed for sale.
Our yacht owners database has more info about yachts, the value of yachts, yacht owners, their source of wealth and net worth.
Scroll all the way down for more amazing content!
He is chairman and Chief Executive Officer of Carnival Corporation plc. Carnival is the world's largest cruise operator. And he is majority owner of the NBA's Miami Heat. Michael Meir Arison was born in 1949. He is now one of the world's richest businessmen.
Arison was raised in the cruise industry. He learned the business early from his father Ted Arison. Ted founded Carnival Cruise Lines in 1972.
He dropped out of the University of Miami to work at Carnival Cruise Lines.
He started in their sales department. He served as reservations manager in 1974. And he 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. He was succeeding his father. Arison has overseen a number of major acquisitions by the company that went public in 1987.
In 1989 he was responsible for the purchase of the Holland America Line. He also led the purchase of Seabourn Cruise Line. And the Cunard Cruise Line, operator of the cruise ship Queen Mary 2. He also owns Costa Cruises.
He oversaw the acquisition of P&O Princess Cruises in 2002. It was a deal valued at about USD 8.2 million. It was making the cruise 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.
Arison still holds approx. 110 million shares worth USD 4,2 billion. In 2011 alone he received about USD 110 million in dividends (USD 1 per share). His net worth is estimated at US 8.4 billion dollar.
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/ Shikun is 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.
They have two children: Nick Arison and Kelly Arison. Nick Arison is CEO of Miami Heat. We are not sure if Kelly is active in either Carnival or Miami Heat.
Micky and his wife are active philanthropists. Through their Micky and Madeleine Arison Family Foundation. The foundations has more than US$ 160 million in assets.
Yearly donations are more than US$ 40 million. Donations include US$ 5 million to Save the Children and Direct Relief. They also donated $10 million in Hurricane Irma relief. They donated US$ 2 million to the Mourning Family Foundation to support youth development.
Arison has a private jet with registration N305CC. The jet is a Gulfstream G650. It 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!
Tweet this! Tweet