Mark Cuban
Overview
- Source of Wealth
- Online media, Dallas Mavericks
- Industry
- Media & Entertainment
- Residence
- Dallas, Texas
- Education
- Indiana University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 3
Assets
- Reading International Inc.172,355 shares @ --RDI-US
Biography
Mark Cuban founded video portal Broadcast.com with fellow Indiana University alum Todd Wagner in 1995 and sold it to Yahoo for $5.7 billion in 1999.
Today he owns a minority stake in the NBA's Dallas Mavericks and is cofounder of Cost Plus Drugs, which he launched in January 2022 with the aim of lowering prescription drug prices.
Cuban sold 58% of the Dallas Mavericks in December 2023 for an estimated $2 billion (pre-tax).
He sold stamps door-to-door as a kid and gave disco lessons to help pay his way through Indiana University.
Cuban was inspired to strike out on his own when he was fired from a software shop for closing a $15,000 sale instead of cleaning up the store.
About
Cuban started Broadcast.com with Wagner so they could watch Hoosier basketball while living in Dallas.
Cuban has appeared as a judge on the popular ABC show "Shark Tank" for 13 of the show's 15 seasons and invested more than $22 million during that time.