Shari Arison, Israel's Richest Woman

Shari Arison is one of Israel’s wealthiest women. Born in New York in 1957, she moved to Israel with her mother after her parents divorced. She moved back to The United States to be with her father but later returned to Israel in order to enlist with the Israeli Defense Forces. Her father bequeathed her 35% of his possessions after his death.

This forms the bulk of her wealth arising from her father’s company Carnival Corporation & PLC, which is a British-American multinational cruise company, which also happens to be the world’s largest cruise ship operator. The company is chaired by her brother Mickey Arison. The Arison family owns 47% of the company.

Shari also has a stake in the Israeli bank Hapoalim, which is also the largest bank in the country and is listed on The Tel Aviv Stock Exchange. The bank caused controversy in 2003 when 900 bankers were laid off leading to massive protests. In the real estate sector, she has a stake in the company Shikun & Binui Holdings LTD, which is Israel’s largest infrastructure and real estate group that has been involved in large construction projects both locally and internationally.

The company also finances ventures in transport, ecology, infrastructure development and water purification. Her wealth is complemented by her philanthropy, which is controlled through The Arison group and The Ted Arison Family Foundation, which annually contributes to hundreds of non-profit organizations dealing with health, education, disabilities and research. She also launched International Good Deeds Day in attempt to encourage community service.

In 2008, she started Miya, a $100 million company that envisions an abundance of fresh water through efficient management of existing water resources. She is also an author with her latest book,” Activate Your Goodness: Transforming the World through Doing Good” being highly recommended in book clubs. For all her efforts, she’s one of Israel’s richest person and The Middle East’s richest woman with a net worth of $4.2 billion.

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