http://www.israelnationalnews.com/News/News.aspx/130597
Hard Times: Shari Arison’s $100 Million Yacht Up for Sale
(IsraelNN.com) Shari Arison, the controlling shareholder in Bank HaPoalim and whose net worth declined by more than $1 billion last year, has put her “My Shanti” yacht up for sale. The asking price is $100 million.
Arison bought the custom-built vessel two years ago, replacing the mere 164-foot yacht called the Teddy, named after her late father who left her with an inheritance that made her the richest woman in Israel.
He made a fortune by starting the Carnival Cruise Lines, in which she has a large share and which is managed by her brother, who lives in Miami, Florida.
Her worth in Bank HaPoalim collapsed by two-thirds during the collapse of financial stocks around the world this past year, and she was forced to put up more collateral for loans that she took out in order to increase her stake in the bank.