The raising of $400m from selling just 1% of his one-quarter stake in Carnival Corp makes Micky Arison an even richer man.
The disposal also highlights both the scale of the world’s biggest cruise business and its comeback as a brand and investment.
The Carnival share price had been mauled following a series of mishaps starting with the Costa Concordia disaster more than two years ago and culminating in an engine-room fire on the Carnival Triumph 13 months ago.
