Mark Cuban

4/5

Biography

Since the age of 12, Mark has been a natural businessman. Selling garbage bags door to door, the seed was planted early on for what would eventually become long-term success. After graduating from Indiana University - where he briefly owned the most popular bar in town - Mark moved to Dallas. After a dispute with an employer who wanted him to clean instead of closing an important sale, Mark created MicroSolutions, a computer consulting service. He went on to later sell MicroSolutions in 1990 to CompuServe.In 1995, Mark and long-time friend Todd Wagner came up with an internet based solution to not being able to listen to Hoosiers Basketball games out in Texas. That solution was Broadcast.com - streaming audio over the internet. In just four short years, Broadcast.com (then Audionet) would be sold to Yahoo for $5.6 billion dollars.Since his acquisition of the Dallas Mavericks in 2000, he has overseen the Mavs competing in the NBA Finals for the first time in franchise history in 2006 - and becoming NBA World Champions in 2011. They are currently listed as one of Forbes' most valuable franchises in sports.In addition to the Mavs, Mark is chairman and CEO of AXS tv, one of ABC's "Sharks" on the hit show Shark Tank, and an investor in an ever-growing portfolio of businesses. He lives in Dallas with wife Tiffany, daughters Alexis and Alyssa, and son Jake.

  • Primary profession
  • Producer·actor·executive
  • Country
  • United States
  • Nationality
  • American
  • Gender
  • Male
  • Birth date
  • 31 July 1958
  • Place of birth
  • Pittsburgh
  • Residence
  • Dallas
  • Education
  • Indiana University·Indiana University Bloomington
  • Knows language
  • Hebrew language

Movies

TV

Books

Trivia

Before Broadcast.com, Cuban founded MicroSolutions, a leading National Systems Integrator, in 1983, and later sold it to CompuServe.

Bought the Dallas Mavericks basketball team on January 14, 2000.

Co-founded Broadcast.com, the leading provider of multimedia and streaming on the Internet, in 1995, selling it to Yahoo! in July of 1999 for more than $5 billion.

Attempted to buy the Pittsburgh Penguins hockey club in the late 1990s.

Was a season ticket holder to the Dallas Mavericks before purchasing the club.

Founder of digital network HDNet.

As a publicity stunt, worked at a Dallas area Dairy Queen for a day. His "pay" was donated to charity.

He and Broadcast.com partner Todd Wagner are large stockholders in Lions Gate Entertainment which produces and distributes motion picture and television programming.

Has been listed on the Forbes 400 Richest Americans list since 2000 with an estimated net worth of 1.3 to 1.9 billion dollars.

Chairman and co-owner of Magnolia Pictures along with Todd Wagner. Magnolia has distributed Woman Thou Art Loosed , Control Room , and others.

Chairman and co-owner of Landmark Theaters along with Todd Wagner.

Chairman and majority owner of Rysher Entertainment along with Todd Wagner.

Is a member of Pi Lambda Phi fraternity.

In the Team Penske pits for Helio Castroneves during the IndyCar 300. Cuban and Castroneves previously were both featured on "Dancing with the Stars" .

While studying at Indiana University in 1980-81, Cuban owned and operated a well-known bar called Motleys Pub. It was a huge dance place and as was common in that era often held wet T-shirt contests to drum up customers. Mark was famous among employees for trying to come up with unusual drinks to bring in people, particularly females, so there were lots of concoctions of ice cream or cookies mixed with booze.

Is of Russian and Romanian descent.

Net worth: $3.5 billion.

Offered Donald Trump $10 million for a four hour interview. The terms for the interview were that they would only discuss Trumps policy proposals and that no one else besides a broadcast technicians would be present.

After he sold Broadcast.com, to Yahoo! he used the profits to buy a $40 million private jet over the internet. According to the Guinness Book of Records it was the largest single transaction to be made over the internet.

In college, he was paid to teach dance lessons.

In 2010, he attempted to buy the Texas Rangers for $600 million.

After he sold his first company he tried acting without much success and even auditioned for a role in the film Twister in 1996 but lost out to Philip Seymour Hoffman.

Stands at Mavericks games until his team makes a basket.

Was one of many celebrities to have a cameo in a rap video "Save Dat Money" by hip hop recording artist Lil Dicky.

Sold his stamp collection to help pay for college.

In 2012, he attempted to buy the Los Angeles Dodgers for an undisclosed amount.

Supported Hilary Clinton during her 2016 Presidential campaign.

In 2011, he purchased a 288 foot yacht with a basketball court located at the stern.

Has donated money to Democrats and Republicans.

Unsuccessfully to buy three major league baseball teams.

Sold garbage bags door to door when he was 12 years old to earn money to buy an expensive pair of basketball shoes.

Are neighbors with George W. Bush, Ross Perot, Mary Kay cosmetics founder Mary Kay Ash, among others.

His $11.5 million mansion in Dallas Texas is 24,000 square feet and has 13 bathrooms, and ten bedrooms.

In the beginning part of his business career, he worked seven years straight without a vacation.

Met his wife at the gym in 1997.

In 2008, he bid $1.3 billion to buy the Chicago Cubs.

Has paid almost $2 million in fines to the NBA for various offenses.

After dropping out of high school, he took the GED year early and was accepted to the University of Pittsburg and dropped out after a year and transferred to Indiana University because it was the least expensive of the top ten business schools.

Quotes

[on the one thing he would want to hang on to if he should lose all his,money and possessions] Diapers. I have little kids. Everything else I,could figure out, but I would need those diapers.

[on success] I used to drive around, look at the big houses and imagine,what it would be like to live there, and use that as motivation. But I,never imagined that would happen to me. I try not to take any of it for,granted, and make sure that no one ever pinches me so I wake up.

It doesn’t matter how many times you fail. It doesn’t matter how many times you almost get it right. No one is going to know or care about your failures, and neither should you. All you have to do is learn from them and those around you because all that matters in business is that you get it right once. Then everyone can tell you how lucky you are.

If there was a template for success in sports, everyone would follow it. You do the best you can and trust the people you trust.

Being rich is a good thing. Not just in the obvious sense of benefitting you and your family, but in the broader sense. Profits are not a zero sum game. The more you make, the more of a financial impact you can have.

Whatever you are studying right now, if you are not getting up to speed on deep learning, neural networks, etc.

you lose. We are going through the process where software will automate software, automation will automate automation.

We have to face the fact that countries are going to lose jobs to robotics. The only question that needs to be answered is which country will create and own the best robotic technology and have the infrastructure necessary to enable it.

There is so much partisan and tribal politics, from not just those seeking office but potential voters as well, that we never get real attempts at solutions to problems.

I grew up in a working class family. People thought I might go work at a mill. My mom wanted me to learn how to lay carpet because she was concerned about my future. Nobody had high hopes for me. But I was a hustler.

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