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Carnival Cruise Line was founded in 1972 by Ted Arison. To finance the venture, Arison turned to his friend Meshulam Riklis , who owned Boston-based American International Travel Service (AITS). Arison and Riklis set up the new company as a subsidiary of AITS.
Carnival Cruise Line was founded in 1972 as a subsidiary of American International Travel Service (AITS), by Ted Arison and Meshulam Riklis. [3] Due to mounting debts, Riklis sold his stake in the company to Arison for $1 in 1974. Through the acquisition of existing ships the company continued to grow.
He took his family to New York in 1952 and moved to Miami, Florida, in 1966, [1] where he co-founded Norwegian Cruise Lines in 1966 with Knut Kloster. [2] In 1971 the partnership broke up on bad terms and Arison formed Carnival Cruise Lines in 1972 with the help of Meshulam Riklis, [2] in which he would make his fortune. [citation needed]
He founded Carnival Cruise Lines which earned him a fortune as it grew to be one of the biggest in the world. Over time he became one of the richest people in the world. In 1990, he returned to Israel.
Costa Crociere S.p.A. (Italian pronunciation: [ˈkɔsta kroˈtʃɛːre]), operating as Costa Cruises, is an Italian cruise line founded in 1948 and organized as a wholly owned subsidiary of Carnival Corporation & plc since 2000.
Princess Cruises is an American cruise line owned by Carnival Corporation & plc. [3] [4] The company is incorporated in Bermuda and its headquarters are in Santa Clarita, California. [3]
P&O Cruises is a British cruise line based at Carnival House in Southampton, England, operated by Carnival UK and owned by Carnival Corporation & plc.It was originally a subsidiary of the freight transport company P&O and was founded in 1977. [1]
Micky Arison (born June 29, 1949) is an Israeli-American billionaire businessman and chairman of Carnival Corporation, the world's largest cruise operator. From 1979 until 2013, he was also the company's chief executive officer. Arison is also the owner of the NBA's Miami Heat, which under his ownership has won three NBA Championships. [1]