Mark Cuban
American billionaire entrepreneur
Mark Cuban
Mark Cuban is an American business magnate. He is the owner of the National Basketball Association's Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and the chairman of the HDTV cable network AXS TV. He is also a "shark" investor on the television series Shark Tank. In 2011, Cuban wrote an e-book, How to Win at the Sport of Business, in which he chronicles his life experiences in business and sports.
Biography
Mark Cuban's personal information overview.
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News
News abour Mark Cuban from around the web
This Awesome 11-Year-Old Girl Designed A Prosthetic Arm That Shoots Glitter
Huffington Post - 2 days
Meet Jordan Reeves. She’s 11 years old and invented a prosthetic arm that shoots glitter. So, basically, she’s our new hero. Jordan was born with a left arm that stops above the elbow. Last January, she had the chance to attend a special camp, where she designed her flashy prosthetic arm. She named the effort Project Unicorn “because unicorns are awesome and sparkly,” Jordan’s mom Jen told The Huffington Post. On Feb. 10, Jordan appeared on “The Rachael Ray Show” and presented her glitter-shooting arm, which is shaped like a unicorn horn, to judges from “Shark Tank.” The Sharks loved the Missouri preteen’s invention. “Jordan, you are a superhero,” Mark Cuban told her. “I know some parents that would hate that and some kids that would love it!” added Daymond John. Indeed, Jordan’s mom is not a huge fan of glitter, but she’s come around to it and of course supports her daughter’s work wholeheartedly. “Jordan is a high-energy ball of girl power,” Jen to ...
Article Link:
Huffington Post article
Mark Cuban takes apparent jab at Donald Trump with No. 46 jersey - ESPN
Google News - 7 days
ESPN Mark Cuban takes apparent jab at Donald Trump with No. 46 jersey ESPN NEW ORLEANS -- Dallas Mavericks owner Mark Cuban wore a No. 46 jersey in Friday night's NBA All-Star Celebrity Game, an apparent response to President Donald Trump's recent tweet that Cuban is "not smart enough to run for president." A source told ... Mark Cuban stays trolling Trump with NBA All-Star Celebrity Game jerseyYahoo Sports Was Mark Cuban's all-star celebrity jersey meant as a shot at Trump?Washington Post Mark Cuban takes jab at Trump by wearing No. 46 in NBA Celebrity GameUSA TODAY ABC News -CBSSports.com -Business Insider -Sporting News all 53 news articles »
Article Link:
Google News article
Mark Cuban in No Spin Zone
Fox News - 10 days
Article Link:
Fox News article
Donald Trump, Mark Cuban Feud on Twitter
Yahoo News - 11 days
President Donald Trump and Dallas Mavericks owner Mark Cuban engaged in a heated Twitter exchange Sunday morning, though exactly what prompted it is a bit of a mystery. "I know Mark Cuban well," Trump tweeted. Cuban first tweeted back "Lol" quoting Trump's tweet, then followed up with a screenshot of advice he gave Trump during the campaign and a dig at the president's tweeting habits.
Article Link:
Yahoo News article
Trump declares Mark Cuban is ‘not smart enough to run for president!’
Yahoo News - 12 days
President Trump on Sunday revived his years-long Twitter war with Dallas Mavericks owner Mark Cuban.
Article Link:
Yahoo News article
Halifax student compiles Trump voters' regrets for massive Twitter audience - CTV News
Google News - 19 days
CTV News Halifax student compiles Trump voters' regrets for massive Twitter audience CTV News HALIFAX -- A Nova Scotia university student who has been collecting tweets of disillusioned Donald Trump voters has attracted quite a celebrity following, including billionaire Mark Cuban, sworn Trump-nemesis Rosie O'Donnell and Hollywood personalities ... 'You scare the heck out of me': Twitter feed collects Trump voters' regretsThe Guardian 'Stop acting like Hitler': Trump Regrets Twitter profile set up just to retweet Republican voters with buyer's remorseMirror.co.uk all 49 news articles »
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Google News article
Mark Cuban: Trump travel ban 'half-a**ed, half-baked'
CNN - 24 days
Billionaire businessman Mark Cuban on Tuesday night bashed President Donald Trump's controversial travel ban, saying he believes the plan will do more harm than good.
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CNN article
Mark Cuban gives blessing to send jobs to Mexico
Fox News - about 1 month
Mark Cuban for NBA in Mexico
Article Link:
Fox News article
Wednesday's TV highlights: Pearl Harbor remembered and more
LATimes - 3 months
  SERIES Nightcap Debra Messing, Tim Gunn and Mark Cuban guest star as themselves on the talk-show spoof. 8 p.m. Pop Criminal Minds “The Player’s” Damon Gupton joins the cast of the procedural drama as profiler Stephen Walker. 9 p.m. CBS Frequency Raimy and Frank (Peyton List, Riley Smith) learn...
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LATimes article
UPDATE 1-Investor Cuban to testify at Senate hearing on AT&T-Time Warner deal
Reuters.com - 3 months
WASHINGTON, Dec 2 (Reuters) - Billionaire investor Mark Cuban will be among the witnesses scheduled to testify at a U.S. Senate Judiciary panel hearing on Dec. 7 on AT&T Inc's proposed $85.4 billion acquisition of Time Warner Inc .
Article Link:
Reuters.com article
Mark Cuban: Decision to avoid Trump hotels made 'months ago'
Chicago Times - 3 months
Dallas Mavericks owner Mark Cuban says the team's decision not to stay at Donald Trump-branded hotels in New York and Chicago was made before the presidential election. The billionaire technology entrepreneur declined Wednesday to elaborate on the decision, telling The Associated Press it "was...
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Chicago Times article
Mark Cuban ends ban on ESPN reporters at Mavs games
CNN - 3 months
ESPN is back in the good graces of Dallas Mavericks owner Mark Cuban.
Article Link:
CNN article
Mavs owner Mark Cuban says ESPN credential decision was, 'My call'
ABC News - 4 months
LOS ANGELES -- Dallas Mavericks owner Mark Cuban reiterated his stance that he will keep two ESPN reporters away from his team's home games, saying it's his choice to credential them, not the NBA's. "My call," he said Tuesday from Staples Center, when asked about who controls media access at his team's games in Dallas. Asked if the league could intervene, he added: "They could probably try, but I don't know why they would." Cuban banned the ESPN reporters from entering games with media credentials on Friday and Sunday, saying he was unhappy the network would not have a reporter cover the team full time. On Monday, he told The Associated Press that he is concerned automated game reports could eventually replace human-generated content. ESPN.com uses game recaps from The Associated Press, which said it sends at least one human writer to every NBA game. ESPN writer Tim MacMahon is a Dallas-based reporter who has primarily covered the Mavericks for the network. He.. ...
Article Link:
ABC News article
Trump's shocking victory could squeeze Silicon Valley on immigration and trade
LATimes - 4 months
In October, a Donald Trump supporter stood up at a Santa Monica technology conference and berated billionaire tech entrepreneur Mark Cuban for being dismissive of Trump.  Cuban, the Dallas Mavericks owner who built his wealth in online radio streaming in the mid-90s, had said Trump wasn't a viable...
Article Link:
LATimes article
Timeline
Learn about memorable moments in the evolution of Mark Cuban
    FIFTIES
  • 2016
    Age 57
    Cuban formally endorsed Hillary Clinton for President at a July 30, 2016 rally in Pittsburgh, Pennsylvania.
    More Details Hide Details During that campaign stop, Cuban stated that "You know what we call a person like that in Pittsburgh? A jagoff Is there any bigger jagoff in the world than Donald Trump?" Cuban started the Fallen Patriot Fund to help families of U.S. military personnel killed or injured during the Iraq War, personally matching the first $1 million in contributions with funds from the Mark Cuban Foundation, which is run by his brother Brian Cuban. On February 9, 2009, Cuban announced the "Mark Cuban Stimulus Plan", involving what he called "an open source exchange of ideas". His plan entails individuals posting ideas that fit certain criteria (profitability within 90 days, no advertising, certain banking controls for Cuban) in the hopes that either Cuban will fund them, or other individuals will take up the ideas thereby stimulating the economy.
    On September 27, 2016, during a post Presidential Debate interview, Cuban criticized Trumps characterization that paying the minimum require taxes 'is smart' and criticized Trump for not paying back into the system that allowed him to amass such wealth despite Cuban himself carrying forward operating losses to avoid paying taxes at broadcast.com
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    In a September 10, 2016, interview with NPR's Scott Simon, Cuban has effectively positioned himself to support Democratic nominee Hillary Clinton.
    More Details Hide Details He posits that the best strategy to beat Republican nominee Donald Trump is to attack his insecurities, especially that of Trump's intellect. He also adds that Trump is the least qualified to be president and is not informed about policies.
    On July 21, 2016, Cuban appeared on a live segment on The Late Show with Stephen Colbert entitled "Gloves Off: Mark Cuban Edition" in which he mocked Trump, including referencing the Trump companies’ multiple bankruptcies and the failed Trump University program, and questioning the size of Trump's actual net worth.
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    Cuban told Meet the Press in May 2016 that he would be open to being Hillary Clinton's vice presidential candidate, though he would seek to alter some of her positions in order to do so.
    More Details Hide Details In the same interview, the self described "fiercely independent" Cuban also said that he would consider running as Donald Trump's running mate after having a meeting with Trump, whom he called a friend, about understanding the issues, Trump's positions on them, and coming up with solutions. Cuban also described Trump as "that friend that you just shake your head at. He's that guy who’d get drunk and fall over all the time, or just says dumb shit all the time, but he's your friend."
    In February 2016, Cuban purchased a principal ownership stake in the Professional Futsal League.
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    As of January 2016, he has invested in 82 deals across 109 Shark Tank episodes, for a total of $19.4 million invested.
    More Details Hide Details The actual numbers vary because the investment happens after the handshake deal on live television, after the due diligence is performed to ensure the accuracy of the information presented in the pitch room. For instance, Hy-Conn, a manufacturer of easily removable fire hoses, after agreeing to a deal of $1.25 million for 100% of the company with Cuban, did not go through with the deal. Cuban's top three deals, all with at least $1 million invested, are Ten Thirty One Productions, Rugged Maniac Obstacle Race, and BeatBox Beverages. Since Cuban joined the show in 2012, the ratings for Shark Tank have increased, and also during his tenure, the show has won two Primetime Emmy Awards for Outstanding Structured Reality Program (back-to-back in 2014 and 2015).
  • 2015
    Age 56
    In October 2015, Cuban posted on Twitter, "Maybe I'll run for Speaker of the House."
    More Details Hide Details At the time, there was no clear front-runner to replace the outgoing John Boehner; the Speaker of the House does not have to be a member of Congress.
    In September 2015, Cuban stated in an interview that running for president was "a fun idea to toss around", and that, if he were running in the 2016 U.S. presidential election, he "could beat both Trump and Clinton".
    More Details Hide Details This was interpreted by many media outlets as indication that Cuban was considering running, but he clarified soon afterward that he had no intention to do so.
    At the Code/Media conference in February 2015, Cuban said of net neutrality that "having FCC overseeing the Internet scares the shit out of me".
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  • 2013
    Age 54
    Mills was terminated as CEO of Motionloft by stockholders on December 1, 2013, and in February 2014 was arrested by the FBI and charged with wire fraud, it being alleged that Mr. Mills misrepresented to investors that Motionloft was going to be acquired by Cisco.
    More Details Hide Details Cuban has gone on record to state that the technology, that at least in part is meant to serve the commercial real estate industry, is "game changing" for tenants. Cuban has been a "shark" investor on the ABC reality program Shark Tank since season three in 2012.
  • 2012
    Age 53
    On December 19, 2012, Cuban donated $250,000 to the Electronic Frontier Foundation to support its work on patent reform.
    More Details Hide Details Part of his donation funded a new title for EFF's staff attorney Julie Samuels: The Mark Cuban Chair to Eliminate Stupid Patents.
    In November 2012, in response to Donald Trump offering President Barack Obama $5 million to a charity of President Obama's choosing if he released passport applications and college transcripts to the public, Cuban offered Trump $1 million to a charity of Trump's choosing if Trump shaved his head.
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  • 2011
    Age 52
    Cuban also previously expressed interest in becoming a minority owner of the New York Mets after owner Fred Wilpon announced in 2011 that he was planning to sell up to a 25% stake in the team.
    More Details Hide Details Cuban is an admirer of author and philosopher Ayn Rand. About Rand's novel The Fountainhead, he said, "It was incredibly motivating to me. It encouraged me to think as an individual, take risks to reach my goals, and responsibility for my successes and failures. I loved it." His political views have leaned toward libertarianism. He held a position on the centrist Unity08 political organization's advisory council. While leaning towards libertarianism, Cuban posted an entry on his blog claiming paying more taxes to be the most patriotic thing someone can do. Cuban has donated $7,000 to political campaigns, $6,000 going to Republican Senator Orrin Hatch of Utah and $1,000 to Democratic California Congresswoman Zoe Lofgren.
    He had previously said that he would not be interested in buying the franchise at $1 billion, telling the Los Angeles Times in November 2011 "I don’t think the Dodgers franchise is worth twice what the Rangers are worth."
    More Details Hide Details However, as the bidding process drew near many speculated that the sale would surpass $1.5 billion, with Jon Heyman of CBS Sports reporting via Twitter that at least one bid in the $1–1.5 billion range was placed in the initial round of the bidding process. Ultimately, the Dodgers sold for $2.15 billion to Guggenheim Baseball Management.
    Despite his history, he was notably silent during the Mavericks' 2011 championship playoff run.
    More Details Hide Details Despite Cuban's history with David Stern, he believed the NBA Commissioner would leave a lasting legacy "of a focus on growth and recognizing that the NBA is in the entertainment business and that it's a global product, not just a local product. Whatever platforms that took us to, he was ready to go. He wasn't protective at all. He was wide open. I think that was great."
  • 2010
    Age 51
    He had outbid a competing ownership group led by ex-pitcher and Rangers executive Nolan Ryan, but lost the deal before the Rangers played the San Francisco Giants in the 2010 World Series.
    More Details Hide Details In January 2012, Cuban placed an initial bid for the Los Angeles Dodgers, but was eliminated before the second round of bidding. Cuban felt that the value of the Dodgers' TV rights deal drove the price of the franchise too high.
    In August 2010, Cuban actively bid to buy the Texas Rangers with Jeffrey L. Beck.
    More Details Hide Details Cuban stopped bids after 1 a.m., having placed bids totaling almost $600 million.
  • 2009
    Age 50
    In July 2009, the U.S. District Court dismissed the charges against Cuban, and the SEC appealed.
    More Details Hide Details In September 2010, an appeals court said that the district court had erred and that further proceedings would be necessary to address the merits of the suit. A federal jury in Texas found in favor of Cuban on October 16, 2013. The nine-member jury issued the verdict after deliberating 3 hours and 35 minutes. In March 2014, Cuban was on air at CNBC criticizing high-frequency trading (HFT). Those against HFT, such as Cuban, believe the technology is equivalent to automated insider trading. On January 4, 2000, Cuban purchased a majority stake in the NBA's Dallas Mavericks for $285 million from H. Ross Perot, Jr. In the 20 years before Cuban bought the team, the Mavericks won only 40% of their games, and a playoff record of 21–32. In the 10 years following, the team won 69 percent of their regular season games and reached the playoffs in each of those seasons except for one. The Mavericks' playoff record with Cuban is 49 wins and 57 losses, including their first trip to the NBA Finals in 2006, where they lost to the Miami Heat.
    Cuban was not selected to participate in the final bidding process in January 2009.
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    On December 7, 2009, Cuban acted as the guest host of Raw, getting revenge on Orton when he was the guest referee in Orton's match against Kofi Kingston, giving Kingston a fast count victory.
    More Details Hide Details He then announced that Orton would face Kingston at TLC: Tables, Ladders & Chairs. At the end of the show, Cuban was slammed through a table by the number one contender for the WWE Championship, Sheamus. On September 12, 2007, Cuban said that he was in talks with WWE Chairman Vince McMahon to create a mixed martial arts company that would compete with UFC. He is now a bondholder of Zuffa, UFC's parent company. Cuban followed up his intentions by organizing "HDNet Fights", a mixed martial arts promotion which airs exclusively on HDNet and premiered on October 13, 2007 with a card headlined by a fight between Erik Paulson and Jeff Ford as well as fights featuring veterans Drew Fickett and Justin Eilers. Since 2009, Cuban has been a panelist at the annual MIT Sloan Sports Analytics Conference. In April 2010, Cuban loaned the newly formed United Football League (UFL) $5 million. He did not own a franchise and he was not involved in day-to-day operations of the league nor of any of its teams. In January 2011, he filed a federal lawsuit against the UFL for their failure to repay the loan by the October 6, 2010 deadline.
    In May 2009, Cuban made a reference to the Denver Nuggets being "thugs" after a loss to the Nuggets in game 3 of the Western Conference Semifinals.
    More Details Hide Details The statement was geared towards the Nuggets and their fans. As he passed Kenyon Martin's mother, who was seated near Cuban as he left the arena, he pointed at her and said, "that includes your son". This controversial comment revisited media attention on Cuban yet again. Cuban issued an apology the next day referencing the poor treatment of away fans in arenas around the league. The league issued a statement stating that they would not fine him. On May 22, 2010, Cuban was fined $100,000 for comments he made during a television interview about trying to sign LeBron James.
    On January 16, 2009, the league fined Cuban $25,000 for yelling at Denver Nuggets player J. R. Smith at the end of the first half on a Mavericks-at-Nuggets game played on January 13.
    More Details Hide Details Cuban was apparently incensed that Smith had thrown an elbow that barely missed Mavericks forward Antoine Wright. Cuban offered to match the fine with a donation to a charity of Smith's choosing. Cuban stated that if he doesn't hear from Smith that he will donate the money to the NHL Players' Association Goals and Dreams Fund in the names of Todd Bertuzzi and Steve Moore.
  • FORTIES
  • 2008
    Age 49
    On November 17, 2008, it was reported that the U.S. Securities and Exchange Commission (SEC) filed a civil suit against Mark Cuban relating to alleged insider trading in the shares of Mamma.com, now known as Copernic.
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    On February 8, 2008, Cuban voiced his support for the draft Bloomberg movement attempting to convince New York City Mayor Michael Bloomberg to run in the U.S. presidential election of 2008 on his blog.
    More Details Hide Details Cuban concluded a post lamenting the current state of U.S. politics: "Are you listening, Mayor Bloomberg? For less than the cost of opening a tent pole movie, you can change the status quo." He eventually voted for Barack Obama in the 2008 election.
  • 2007
    Age 48
    Also in 2007, Cuban was reportedly interested in distributing through Magnolia an edition of the film Loose Change, which posits a 9/11 conspiracy theory, with Charlie Sheen narrating.
    More Details Hide Details Cuban told the New York Post, "We are having discussions about distributing the existing video with Charlie's involvement as a narrator, not in making a new feature. We are also looking for productions with an opposing viewpoint. We like controversial subjects, but we are agnostic to which side the controversy comes from." In April 2011, Cuban put Magnolia Pictures and Landmark Theatres up for sale, but said, "If we don't get the price and premium we want, we are happy to continue to make money from the properties."
    Cuban owns film distributor Magnolia Pictures. Through Magnolia, he financed Redacted, a fictional dramatization written and directed by Brian De Palma. In September 2007, Cuban, in his capacity as owner of Magnolia Pictures, "redacted" disturbing photographs from the concluding moments of the film, citing copyrights/permissions issues.
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    In April 2007, Cuban partnered with Mascot Books to publish his first children's book, Let's Go, Mavs!.
    More Details Hide Details In November 2011, he wrote a 30,000-word e-book, How to Win at the Sport of Business: If I Can Do It, You Can Do It, which he described as "a way to get motivated". In October 2008, Cuban started Bailoutsleuth.com as a grassroots, online portal for oversight over the U.S. government's $700 billion "bailout" of financial institutions. In September 2010, Cuban provided an undisclosed amount of venture capital to store-front analytics company Motionloft. According to the company's CEO Jon Mills, he cold-emailed Cuban on a whim with the business proposition and claimed Cuban quickly responded that he would like to hear more. Mills credited that sentence for launching the company. In November 2013, several investors questioned Cuban about Mills' representation of a pending acquisition of Motionloft. Cuban denied an acquisition was in place.
  • 2006
    Age 47
    In July 2006, Cuban financed Sharesleuth.com, a website created by former St. Louis Post-Dispatch investigative reporter Christopher Carey to uncover fraud and misinformation in publicly traded companies.
    More Details Hide Details Experimenting with a new business model for making online journalism financially viable, Cuban disclosed that he would take positions in the shares of companies mentioned in Sharesleuth.com in advance of publication. Business and legal analysts questioned the appropriateness of shorting a stock prior to making public pronouncements which are likely to result in losses in that stock's value. Cuban insisted that the practice is legal in view of full disclosure.
    In April 2006, Sirius Satellite Radio announced that Cuban would host his own weekly radio talk show, Mark Cuban's Radio Maverick.
    More Details Hide Details However, the show has not materialized.
    The company is also responsible for the updated version of the TV show Star Search, which was broadcast on CBS. 2929 Entertainment released Bubble, a movie directed by Steven Soderbergh, in theaters and on DVD on the same day in January 2006 as a simultaneous release.
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  • 2005
    Age 46
    In 2005, Cuban invested in Brondell Inc., a San Francisco startup making a high-tech toilet seat called a Swash that works like a bidet but mounts on a standard toilet. "People tend to approach technology the same way, whether it's in front of them, or behind them," Cuban joked.
    More Details Hide Details He also invested in Goowy Media Inc., a San Diego internet software startup.
  • 2004
    Age 45
    A stock dilution occurred shortly after a trade in June 2004, giving hints of inside knowledge at the time of the trade, and Cuban allegedly was saved from a loss of $750,000.
    More Details Hide Details The SEC claimed that Cuban ordered the sale of his holdings in Mamma.com after he had been confidentially approached by the company to participate in a transaction likely to dilute shares of current shareholders. Cuban disputed the charges, saying he had not agreed to keep the information secret. On his blog, Cuban contended the facts were false and that the investigation was "a product of gross abuse of prosecutorial discretion". DealBook, a section of The New York Times, reported through an anonymous source that Cuban believed the investigation was motivated by an SEC employee having taken offense to his interest in possibly distributing the film Loose Change.
    In February 2004, Cuban announced that he would be working with ABC television to produce a reality television series, The Benefactor.
    More Details Hide Details The premise of the six-episode series involved 16 contestants trying to win $1 million by participating in various contests, with their performances being judged by Cuban. It premiered on September 13, 2004, but due to poor ratings, the series was canceled before the full season aired. Cuban financially supported Grokster in the Supreme Court case, MGM v. Grokster. He is also a partner in Synergy Sports Technology, a web based basketball scouting and video delivery tool, used by many NBA teams. Cuban has also spearheaded ventures in the social software and Distributed Networking industries. He is an owner of IceRocket, a search engine which scours the blogosphere for content. Cuban was also a partner in RedSwoosh—a company which uses peer-to-peer technology to deliver rich media, including video and software to a user's PC, later acquired by Akamai. He was also an investor in Weblogs, Inc. which was acquired by AOL.
  • 2003
    Age 44
    In 2003, Cuban founded the Fallen Patriot Fund to help families of U.S. military personnel killed or injured during the Iraq War.
    More Details Hide Details In June 2015 Cuban made a $5 million donation to Indiana University at Bloomington for the "Mark Cuban Center for Sports Media and Technology", which will be built inside Assembly Hall, the school's basketball arena.
    Cuban was featured on the cover of the November 2003 premiere issue of Best magazine announcing the arrival of High Definition Television.
    More Details Hide Details Cuban also was co-founder (with Philip Garvin) of AXS TV (formerly HDNet), the first high-definition satellite television network.
  • 2002
    Age 43
    In September 2002, Cuban married Tiffany Stewart in Barbados.
    More Details Hide Details They have three children: daughters Alexis Sofia (born 2003) and Alyssa (born 2006) and son Jake (born 2010). They live in a mansion in the Preston Hollow area of Dallas, Texas. Cuban is part of the Stop Trump movement.
  • 1999
    Age 40
    The Guinness Book of Records credits Cuban with the "largest single e-commerce transaction", after he paid $40 million for his Gulfstream V jet in October 1999.
    More Details Hide Details Cuban continues to work with Wagner in another venture, 2929 Entertainment, which provides vertically integrated production and distribution of films and video. On September 24, 2003, the firm purchased Landmark Theatres, a chain of 58 arthouse movie theaters.
  • THIRTIES
  • 1995
    Age 36
    In 1995, Cuban and fellow Indiana University alumnus Todd Wagner started Audionet, combining their mutual interest in Indiana Hoosier college basketball and webcasting.
    More Details Hide Details With a single server and an ISDN line, Audionet became Broadcast.com in 1998. By 1999, Broadcast.com had grown to 330 employees and $13.5 million in revenue for the second quarter. In 1999, Broadcast.com helped launch the first live-streamed Victoria's Secret Fashion Show. That year, during the dot com boom, Broadcast.com was acquired by Yahoo! for $5.7 billion in Yahoo! stock. After the sale of Broadcast.com, Cuban diversified his wealth to avoid exposure to a market crash. In 2011, Cuban was No. 211 on Forbes list of "World's Richest People", with a net worth of $2.6 billion.
  • 1990
    Age 31
    In 1990, Cuban sold MicroSolutions to CompuServe—then a subsidiary of H&R Block—for $6 million.
    More Details Hide Details He made approximately $2 million after taxes on the deal.
  • TWENTIES
  • 1982
    Age 23
    In 1982, Cuban moved to Dallas, Texas, where he first found work as a bartender, and then as a salesperson for Your Business Software, one of the earliest PC software retailers in Dallas.
    More Details Hide Details He was fired less than a year later, after meeting with a client to procure new business instead of opening the store. Cuban started a company, MicroSolutions, with support from his previous customers from Your Business Software. MicroSolutions was initially a system integrator and software reseller. The company was an early proponent of technologies such as Carbon Copy, Lotus Notes, and CompuServe. One of the company's largest clients was Perot Systems.
  • 1981
    Age 22
    After one year at the University of Pittsburgh, he transferred to Indiana University in Bloomington, Indiana, and graduated from the Kelley School of Business in 1981 with a B.Sc. in Business Administration.
    More Details Hide Details He chose Indiana's Kelley School of Business without even visiting the campus because "it had the least expensive tuition of all the business schools on the top 10 list". During college, he had various business ventures, including a bar, disco lessons, and a chain letter.
  • CHILDHOOD
  • 1958
    Born
    Born on July 31, 1958.
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