Mark Cuban net worth: American businessman, investor, film producer and television personality, Mark Cuban has a net worth of $3 billion.
Born on Pittsburgh, Pennsylvania, Mark Cuban took the first step in business world at 12 when he sold garbage bags to buy a paid of expensive basketball shoes. Having worked as a bartender, party promoter and dancing instructor during his young age, he skipped high school to become a full-time student at University of Pittsburg and joined Pi Lambda Phi. He transferred to Indiana University and graduated in Business Administration where he first started his business ventures, including pub, disco and disco lessons, to name a few.
Cuban’s business career started to rise gradually after he moved to Dallas, Texas. He first worked as a bartender, then as a salesperson for a Software retailer and was fired within a year. He then started his own company, MicroSolutions, which was a system integrator and software reseller. He sold the company to CompuServe for $6 million in 1990, having made $2 million after taxes.
Cuban then started Audionet with fellow alumnus Todd Wagner in 1995 which was transformed to Broadcast.com in 1998. It grew to 330 employees and $13.5 million in just the second quarter, and was sold for $5.7 billion to Yahoo! in 1999. He got into the last of ‘World’s richest people’ in 2011, ranking at 459 with a net worth of $2.6 billion. He also holds the Guinness World Record of ‘largest single e-commerce transaction’ after paying $40 million for his Gulfstream V jet in 1999.
Mark Cuban’s ventured 2929 Entertainment together with Wagner again while he also co-founded AXS TV. He was then attracted to television industry and he decided to work with ABC television for a series, The Benefactor. It did not last a season, but he grabbed fame and became a notable personality, in television boosting his career as a businessman.
Cuban started other ventures like IceRocket, RedSwoosh, Weblogs, Inc., Sharesleuth.com, Bailoutsleut.com, Magnolia Pictures, etc. He was also interested in NBA and he purchased a majority stake in NBA’s Dallas Mavericks for $285 million on January 4, 2000. He has been fined around $1.665 million for 13 incidents in NBA, for critical statements about the league and referee. He also has keen interest on other sports ventures like NHL, WWE, UFC and MLS.
A man with high hopes, Mark Cuban is married to Tiffany Stewart and has three children with her. He currently lives in a 24,000-square-foot mansion in Preston Hollow, Texas and enjoys a net worth of $3 billion.
Quick facts about Mark Cuban
Full Name: Mark Cuban
Profession: Investor, Philanthropist, Owner of Dallas Mavericks
Height: 6′ 3″ (1.91 m)
Date of Birth: July 31, 1958
Place of Birth: Pittsburgh, Pennsylvania, United States
Education: Indiana University
Marital status: Married (Tiffany Stewart)
Astrological sign: Cancer