Shalom Life | July 03, 2015

Micky Arison's Miami Heat Win 2012 NBA Championship

Israeli-American Arison wins first championship since 2004

By: David Shear

Published: June 22nd, 2012 in Culture » Society » News

Micky Arison's Miami Heat Win 2012 NBA Championship
The Miami Heat have won the 2012 NBA Championship and for owner Micky Arison, being crowned a winner tonight is a significant role reversal from when Forbes.com had called him the fifth "biggest loser" of 2011.

The last couple of years have been financially strenuous, well as strenuous as can be for a man worth over $4 billion. In 2011 Arison had seen his net worth drop $1.3 billion, earning him the fifth spot on Forbes' "Biggest Losers" list.

Earlier this year, Arison, as the CEO of Carnival Cruise Line, further lost over $500 million when a Carnival subsidiary, Costa Crociere's cruise ship, The Costa Concordia, crashed in Italy killing 32 passengers. Carnival Cruise Lines saw it's shares drop by 20% in the days following the crash but has since bounced back.

Tonight, however, Arison gets to celebrate the vindication and validation for all the criticism him and the Heat staff have taken by putting together this Miami team, bringing on-board LeBron James and Chris Bosh, and creating the strongest, and most hated, trio in the league.

Coming into the series, the Heat were considered the underdogs against the Oklahoma City Thunder, but proved that their supporting cast, which many wrote off, were much more capable than expected. LeBron James was named MVP of the Finals after notching up his second triple double of the playoffs in the final game of a 4-1 series.
Shaw Festival Review: Sweet Charity Shaw Festival Review: Sweet Charity TrendingSpock Documentary Acquires Sufficient Funding Spock Documentary Acquires Sufficient Funding TrendingAmy Winehouse was on the Brink of Making a Third Album Before She Died Amy Winehouse was on the Brink of Making a Third Album Before She Died Trending
 

Check Out Super Bowl Champion Julian Edelman's Photos from Israel

July 03, 2015 | By B. Shane Morganstein
Check Out Super Bowl Champion Julian Edelman's Photos from Israel

A look at the New England Patriots star's trip to the Holy Land

Read More

WATCH: Jon Stewart Says What We're All Thinking in Response to Ted Cruz's 'Simpsons' Audition

July 03, 2015 | By Maria Cruz
WATCH: Jon Stewart Says What We're All Thinking in Response to Ted Cruz's 'Simpsons' Audition

The 'Daily Show' host was essentially speechless after seeing Cruz's audition

Read More

WATCH: Nirvana Goes Middle Eastern

July 03, 2015 | By Maria Cruz
WATCH: Nirvana Goes Middle Eastern

Israeli vocalist covers the iconic band's "Lithium," with a very Mediterranean vibe

Read More

Israeli Study Says You Can Detect Autism in Children Through Smell

July 03, 2015 | By Maria Cruz
Israeli Study Says You Can Detect Autism in Children Through Smell

New study links response time to smell for children with autism

Read More

Shaw Festival Review: Top Girls

July 03, 2015 | By Hermine Steinberg
Shaw Festival Review: Top Girls

Although 'Top Girls' was originally written as a treatise on Feminism, the themes now speak to the 99% whose lives have become subverted by the whims and interests of a global elite.

Read More

Shaw Festival Review: Sweet Charity

July 03, 2015 | By Hermine Steinberg
Shaw Festival Review: Sweet Charity

YA novelist, Hermine Steinberg, reviews this year's mainstage event at The Shaw Festival.

Read More

Spock Documentary Acquires Sufficient Funding

July 02, 2015 | By Daina Goldfinger
Spock Documentary Acquires Sufficient Funding

The film has reached funding of $600,000

Read More

More Headlines