The billionaire will offload 10 million shares equating toaround 1% of the equity in the New York-listed company.
He has already sold 5 million units at $39.50 apieceresulting in a windfall of close to $200m.
The remaining shares will be sold over the course of the next15 months, Carnival revealed today in a stock exchange filing.
Florida-based Arison will be left with 188 million shares oraround a 24% stake when the sale is complete.
The