Carnival Cruise Lines Founder Dies
October 5, 1999
Ted Arison, founder of Carnival Cruise Lines, reportedly died of a heart attack on Oct. 1 in Tel Aviv at the age of 75. Arison, listed in Forbes magazine as one of the world's richest men, made most of his fortune in the United States and had vast business interests in Israel.
He assumed management of a passenger shipping company in Miami, Florida, soon after retiring there in 1966, and started Carnival Cruise Lines in 1972 after buying his first liner, Mardi Gras.
Miami-based Carnival Corp. is now the world's biggest cruise operator with 45 ships and lines including Cunard and Holland America. Arison's son, Micky, is chief executive of Carnival.
Related News
Containership Lost Electric Power Several Times Before Striking Bridge in Baltimore, Investigators say
Suspected Somali Pirates Taken to Seychelles
UK Confirms It Will Build Six New Warships
Cruise Ship Arrives in New York with 44-foot Whale Carcass on Its Bow
Vessel Hijacking Attempt Reported off the Coast of Yemen