Mark Cuban (born July 31, 1958) is an American businessman and investor. He is the owner of the NBA's Dallas Mavericks, co-owner of 2929 Entertainment and chairman of AXS TV. He is also one of the main "shark" investors on the ABC reality television series, Shark Tank. In 2011, Cuban wrote an autobiography, titled How to Win at the Sport of Business.
Cuban was born in Pittsburgh, Pennsylvania, and raised in the suburb of Mount Lebanon. He is the son of Norton Cuban, an automobile upholsterer, and Shirley (née Feld) Cuban, a homemaker. His paternal grandparents were Jewish immigrants from Russia, and his maternal grandfather, Max Feld, was a Polish Jew who immigrated to the U.S. in the 1930s. Cuban's first stepfather, Mel Green, was an abusive man who would often beat Cuban. Cuban has described Green as a "creep" who would "throw plates around the house".
Green was Cuban's first introduction to entrepreneurialism; at the age of 12, he sold garbage bags door to door to earn money. While in high school, Cuban started a chain letter and made $1,000 from the scheme. He enrolled at the University of Pittsburgh in September 1981, and started a bartering business called "MTV-Lubed" while studying business administration. When Cuban graduated from the university in 1982, he moved to Dallas, Texas, where he first found work as a bartender and then as a salesperson for Your Business Software, a PC software retailer. Cuban later stated that he started the company with $60 in his checking account, and that the business eventually grew to nearly $30 million in revenues.
In the summer of 1982, Cuban and a friend, Todd Wagner, sold Video Encyclopedia of Dallassubscribers door to door for $20 each. The company was later renamed "Broadcast.com". By 1999, Broadcast.com had grown to become an internet streaming media leader, with revenues exceeding $135 million. In 1999, Cuban sold Broadcast.com to Yahoo! for $5.7 billion in Yahoo! stock.
After the sale of Broadcast.com, Cuban diversified his wealth to avoid reliance on a single company. He has gone on to make numerous other investments, including in the following companies: SharesPost, Magnolia Pictures, AXS TV, and Zumba Fitness. He also owns the Landmark Theatres chain, and is a minority owner of the NHL's Dallas Stars. In total, Cuban's net worth is an estimated $4.1 billion, making him one of the richest people in the world.
Mark Cuban was born on July 31, 1958 in Pittsburgh, Pennsylvania. He grew up in a working-class family and attended public schools. His father, Norton Cuban, was an automobile upholsterer and his mother, Shirley, a bookkeeper. Cuban had a natural entrepreneurial spirit from a young age. He started his first business, a lawn-mowing service, when he was just 12 years old.
Since then, Cuban has gone on to become one of the most successful and well-known entrepreneurs in the world. He is the owner of the NBA's Dallas Mavericks, co-founder of the entertainment platform AXS TV, and chairman of the investment firm Cushman & Wakefield. He is also a popular television personality, appearing as a regular shark on the hit show Shark Tank.
Cuban is a self-made man who is proof that anything is possible with hard work and determination. He is an inspiration to entrepreneurs everywhere.
Cuban's father, Norton, was an automobile upholsterer and his mother, Shirley, was a housewife. Cuban was born in Pittsburgh, Pennsylvania, on July 31, 1958, the only child of Cuban's parents. When Cuban was six years old, his family moved to Mount Lebanon, a suburb of Pittsburgh. In that same year, his father became ill and was never able to work again. To support the family, Shirley took a job as a bookkeeper. Despite the family's impoverished circumstances, Cuban was able to graduate from Mount Lebanon High School in 1976. He then attended Indiana University, Bloomington, where he studied business administration.
In 1976, Cuban enrolled at Indiana University in Bloomington. He graduated with a Bachelor of Science in Business Administration in 1981. Cuban has been a successful entrepreneur and investor, and is the owner of the NBA's Dallas Mavericks.
In the early days of his career, Cuban worked in the private sector for various companies. This included working for Your Business Software and MicroSolutions. During this time, Cuban began to learn about the power of technology and how it could be used to improve businesses. It was during this period that Cuban began to develop his own ideas about how to use technology to create successful businesses. In the 1990s, Cuban decided to put his ideas into action and started his own company, which eventually became known as eBags.
Todd Wagner and his business partner, Cuban, co-founded Broadcast.com in 1995. This online streaming service was later sold to Yahoo! for a whopping $5.7 billion in 1999. Broadcast.com was a game-changer in the online streaming world and its sale to Yahoo! was a huge success for both Wagner and Cuban.
Cuban is the owner of the NBA's Dallas Mavericks, as well as a major investor on the television show Shark Tank. He has a net worth of over $3 billion, and is known for his savvy investments and business acumen. Cuban is a Cuban-American entrepreneur, and is also the chairman and CEO of AXS TV. In addition to his business endeavours, Cuban is also an active philanthropist, and has donated millions of dollars to various charities and causes over the years.