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Mark Cuban is a self-made American billionaire with investments in over 300 business establishments.
Cuban started his first company, MicroSolutions, in the '80s and since then has launched several more successful enterprises. Besides his business deals, he is also famous for being a TV personality and an independent film distributor.
Most people recognize him as one of the shark investors on the American reality TV show 'Shark Tank'. Mark Cuban also owns the NBA basketball team the Dallas Mavericks and the 2929 Entertainment company. He distributes films under the banner of Magnolia Pictures and occupies 177th position in the Forbes 400 list published in 2020. Mark Cuban has created a vast business empire which started when he was in college and he has had many successful business ventures since.
Mark Cuban's net worth is valued at $5 billion as of 2022. He has created this net worth by establishing several business enterprises, lucrative investments, and working as a TV personality and a media proprietor. He also owns the NBA team the Dallas Mavericks which won the 2011 NBA championship under Cuban's mentorship.
Mark Cuban is an entrepreneur and a business investor with a sizeable net worth. He earns a significant income through his successful companies and investments. He also makes money by appearing on 'Shark Tank' and distributing films under Magnolia Pictures. Since Mark Cuban makes money from multiple sources, it is not easy to estimate his annual earnings or how these contribute to his net worth.
Mark Cuban stands at a height of 6 ft 2 in (188 cm).
Mark Cuban hails from Pittsburgh, Pennsylvania, USA. Since he was born on July 31, 1958, he is 64 years old as of 2022.
Mark Cuban was born under the zodiac sign of Leo on July 31, 1958, in Pittsburgh, Pennsylvania, USA. As a child, Cuban spent most of his time in the Mount Lebanon district of Pittsburgh. When he was 12 years old, he started a business selling garbage bags in order to purchase an expensive pair of basketball shoes. Later, he sold coins and stamps to make income. When he turned 16, Mark Cuban started selling newspapers.
Regarding his education, he skipped his senior year to attend the University of Pittsburgh as a full-time student. Cuban became a member of the Pi Lambda Phi fraternity at university and was a major supporter of the NFL franchise, the Pittsburgh Steelers. After studying for a year at the University of Pittsburgh, Mark Cuban moved to Indiana University Bloomington, where he earned a Bachelor of Science in Management from the Kelly School of Business in 1981. The reason why Cuban decided to transfer to the Kelly School of Business of Indiana University was the low tuition fees in comparison to the other top business schools in America. During his college years, he started many businesses, including disco lessons, chain letters, and a bar.
Mark Cuban exchanged marital vows with Tiffany Stewart in 2002 in a private wedding ceremony held in Barbados. The couple is parents to three children; two daughters, and a son. They have not revealed the names of their kids and live in Dallas, Texas.
Mark Cuban was born to Norton Cuban and Shirley Cuban on July 31, 1958, in Pittsburgh, Pennsylvania, USA. The Cubans were a typical American working-class family. Mark Cuban's father had a car upholstery shop, while his mother pursued different interests every other week. He also has two brothers named Brian and Jeff Cuban.
Mark Cuban is a successful and wealthy entrepreneur. However, he began his professional journey working in several companies. After graduating from Indiana University, Cuban took a job at Mellon Bank and improved his marketing and networking skills. He studied machines and technology and gained valuable experience in the field. In 1982, he moved to Dallas, Texas. Here, Cuban took jobs as a bartender and a salesperson at Your Business Software. In less than a year, he was fired from the job, following which he decided to start his own company. He founded MicroSolutions with the help of the connections he had built while working at Your Business Software. MicroSolutions became successful as a software reseller and system integrator with customers like Perot Systems. In 1990, Mark Cuban sold his company to CompuServe for $6 million, of which his personal profit was about $2 million.
Next, Cuban joined Audionet in 1995 with Todd Wagner. Three years later, Audionet was renamed Broadcast.com. Under the leadership of Mark Cuban, Broadcast.com became a multi-million dollar enterprise with over 300 employees. In 1999, Yahoo! acquired Broadcast.com in exchange for a $5.7 million share in Yahoo! stocks. Fortunately for Cuban, he made a profitable deal by selling Broadcast.com, as a few years after the acquisition, most of Yahoo!'s broadcasting platforms, including Broadcast.com, were discontinued.
With his Indiana University friend Todd Wagner, Mark Cuban became the co-founder of 2929 Entertainment which deals in film and video production and distribution. In 2003, 2929 Entertainment acquired Landmark theaters and released TV shows and films like 'Bubble' and 'Star Search'. Mark Cuban also co-founded AXS TV, considered the first-ever high definition television network satellite. In 2004, he produced ABC's 'The Benefactor'. However, the show was soon canceled due to unimpressive ratings. Mark Cuban is also one of the partners of Synergy Sports Technology, which is a web-based scouting tool used by a large number of NBA teams.
In addition to these, Mark Cuban has invested in several software and networking companies, such as IceRocket, RedSwoosh, Weblogs Inc., Sharesleuth.com, Bailoutsleuth.com, Motionloft, Veldskoen Shoes, Luminaid, and Mahmee. In 2007, he published his first book for children, 'Let's Go, Mavs!' with Mascot Books. He also wrote an e-book titled 'How To Win At The Sport Of Business: If I Can Do It, You Can Do It'. Since 2011, Mark Cuban has also appeared on 'Shark Tank' as an investor. He has invested in more than 85 businesses throughout the show. Some of his top investments are with BeatBox Beverages, Rugged Maniac Obstacle Race, and Ten Thirty-One Productions. While Cuban starred in 'Shark Tank', the show won three Emmy Awards.
Mark Cuban also owns the film distributing company Magnolia Pictures, through which he has financed films like 'Redacted'. He owns the Dallas Mavericks team which won the 2011 NBA championship title. Moreover, Cuban has made investments in Dogecoin cryptocurrency. He has also appeared in several movies and TV shows, including 'Like Mike 2: Streetball', 'One, Two, Many', 'Entourage', 'The Clapper', 'What Men Want', 'WWE Survivor Series', 'Dancing With The Stars', 'The Men Who Built America', 'The League', 'Bad Teacher', 'Brooklyn Nine-Nine', and 'Home Economics'. Mark Cuban has also lent his voice to several characters in 'The Simpsons', 'American Dad!', and 'Kick Buttowski: Suburban Daredevil'.
Mark Cuban is actively involved in philanthropy work and has been involved with several charity organizations. In 2003, he established the Fallen Patriot Fund in order to support the families of fallen or gravely injured American army members who fought in the Iraq War. In 2015, he donated $5 million to his alma mater, Indiana University Bloomington. In 2022, Cuban founded the Mark Cuban Cost Plus Drug Company to reduce the prices of prescription drugs in the USA.
Mark Cuban has been nominated three times for Primetime Emmy Awards for 'Shark Tank'. He has also won a Gotham Award, a Webby Award for the Entrepreneur of the Year (in 2006), and a Young Artist Award. As the owner of the Dallas Mavericks, Mark Cuban won the NBA Champion and Outstanding Team ESPY Award in 2011. In 1998, his alma mater, the Kelly School of Business, awarded him with a Distinguished Entrepreneur Alumni Award. He also found a place on the Forbes 400 list in 2020.
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