Find out who owns the Miami Heat, the owner's net worth, the source of wealth and the ownership history of the franchise.
The Miami Heat are a household franchise based in Miami, Florida, and are part of the NBA's Eastern Conference Southeast Division.
The Heat was founded in 1988 and is a successful franchise in the NBA, having won three NBA championships. The team continues to be a competitive force in the league.
Who own the Miami Heat?
The Miami Heat is owned by Micky Arison, who has been the majority owner of the franchise since 1995.
Miami Heat ownership structure
Micky Arison is an Israeli-American billionaire businessman. He is one of the key players of Carnival Corporation, a cruise operator regarded as one of the largest in the world.
Arison is the majority owner of the Miami Heat. According to figures, he has an estimated net worth of 8.80 billion.
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Joshua Kushner
Joshua Kushner is an American businessman and investor. He is the founder and managing partner of Thrive Capital and co-founder of Oscar Health Insurance Company.
In 2024, Joshua Kushner purchased a minority stake in the Miami Heat franchise estimated to be around 5% of the team.
According to figures from Forbes, Joshua Kushner has an estimated net worth of around $3.8 billion.
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Club Net Worth & Valuation
According to figures from Forbes, the Miami Heat are valued at $4.25 billion.
Club Ownership History
The Heat franchise was founded in 1988 as an expansion franchise in the NBA. Micky Arison took over ownership in 1995 following the purchase from Ted Arison, his father.
Trophies and Achievements
The Miami Heat has won three NBA championships.