The Arisons strolled the River Walk prior to the 1996 National Basketball Association All-Star Game in San Antonio, where Micky, the billionaire owner of the Miami Heat, became convinced that his son had the passion needed to govern the team.
Carnival Corp. dropped the most since September 2001 after the cruise company’s worst accident, as Chief Executive Officer Micky Arison oversees the response from Miami, 5,000 miles (8,000 kilometers) from the Italian site.
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
The process of forcing Donald Sterling to sell the Los Angeles Clippers will begin tomorrow, when the National Basketball Association said its Advisory Finance Committee will meet to discuss the matter.