How Mark Cuban built a successful career. Explore key moments that defined the journey.
Mark Cuban is an accomplished American businessman, television personality, and investor. He is widely recognized as the former majority owner and current minority owner of the Dallas Mavericks NBA team and co-owner of 2929 Entertainment. Cuban gained further prominence as one of the main investors on the reality TV show Shark Tank from 2012 to 2025. His business acumen and investments have resulted in a substantial net worth, estimated by Forbes to be $6 billion as of May 2025.
In 1989, Audionet was founded by Chris Jaeb.
In 1990, Mark Cuban sold MicroSolutions to CompuServe for $6 million, earning approximately $2 million after taxes.
In 1995, Mark Cuban and Todd Wagner joined Audionet, combining their interest in college basketball and webcasting.
In 1998, Audionet was renamed Broadcast.com.
In 1999, during the dot com boom, Broadcast.com was acquired by Yahoo! for $5.7 billion in Yahoo! stock, and the first live-streamed Victoria's Secret Fashion Show was launched.
On January 4, 2000, Mark Cuban purchased a majority stake in the NBA's Dallas Mavericks for $285 million from H. Ross Perot Jr.
On September 24, 2003, 2929 Entertainment purchased Landmark Theatres, a chain of 58 arthouse movie theaters.
In 2005, Mark Cuban expressed interest in buying the NHL's Pittsburgh Penguins.
In 2005, Mark Cuban invested $1.7 million in the file-sharing company Red Swoosh.
In 2005, Mark Cuban wanted to purchase his hometown Pittsburgh Pirates, but was rebuffed by then owner Kevin McClatchy.
In April 2006, Sirius Satellite Radio announced that Mark Cuban would host his own weekly radio talk show, Mark Cuban's Radio Maverick; however, the show never materialized.
In July 2006, Mark Cuban financed Sharesleuth.com, a website created to uncover fraud in publicly traded companies, experimenting with a new business model for online journalism.
In 2006, 2929 Entertainment released Bubble, a movie directed by Steven Soderbergh.
In 2006, Mark Cuban joined an investment group with Dan Marino and others to acquire the Pittsburgh Penguins, but the franchise rejected their bid.
In 2006, Mark Cuban through Magnolia Pictures financed Redacted, a film based on the 2006 Mahmudiyah killings.
In 2006, under Mark Cuban's ownership, the Dallas Mavericks reached the NBA Finals, where they lost to the Miami Heat.
In April 2007, Mark Cuban published his first children's book, Let's Go, Mavs!.
On September 12, 2007, Mark Cuban said he was in talks with WWE Chairman Vince McMahon to create a mixed martial arts company to compete with UFC. He is now a bondholder of Zuffa.
In September 2007, Mark Cuban, as owner of Magnolia Pictures, removed disturbing photographs from the film Redacted due to copyright issues.
On October 13, 2007, Mark Cuban's mixed martial arts promotion "HDNet Fights" premiered on HDNet, featuring fights headlined by Erik Paulson and Jeff Ford.
In 2007, Red Swoosh, in which Mark Cuban invested, was acquired by Akamai for $19 million.
In October 2008, Mark Cuban started Bailoutsleuth.com as an online portal for oversight over the U.S. government's $700 billion financial bailout.
In 2008, Mark Cuban submitted an initial bid of $1.3 billion to buy the Chicago Cubs and was invited to participate in a second round of bidding.
In January 2009, Mark Cuban was not selected to participate in the final bidding process for the Chicago Cubs franchise, despite submitting an initial bid in 2008.
In 2009, Travis Kalanick approached Mark Cuban to invest in Uber, but they could not reach an agreement.
Since 2009, Mark Cuban has been a panelist at the annual MIT Sloan Sports Analytics Conference.
In April 2010, Mark Cuban loaned the newly formed United Football League (UFL) $5 million.
In August 2010, Mark Cuban actively bid to buy the Texas Rangers with Jeffrey L. Beck, stopping after bids totaling almost $600 million, outbidding a group led by Nolan Ryan but ultimately losing the deal.
In September 2010, Mark Cuban provided venture capital to Motionloft, a store-front analytics company.
In April 2011, Mark Cuban put Magnolia Pictures and Landmark Theatres up for sale.
In November 2011, Mark Cuban said he was not interested in buying the Los Angeles Dodgers franchise at $1 billion, stating, "I don't think the Dodgers franchise is worth twice what the Rangers are worth."
In November 2011, Mark Cuban wrote a 30,000-word e-book, How to Win at the Sport of Business: If I Can Do It, You Can Do It.
In 2011, Mark Cuban expressed interest in becoming a minority owner of the New York Mets after owner Fred Wilpon announced plans to sell up to a 25% stake in the team.
In 2011, as owner, Mark Cuban saw the Dallas Mavericks win the NBA Championship.
In January 2012, Mark Cuban placed an initial bid for the Los Angeles Dodgers but was eliminated before the second round of bidding. He felt the value of the Dodgers' TV rights deal drove the price of the franchise too high.
On December 19, 2012, Mark Cuban donated $250,000 to the Electronic Frontier Foundation to support its work on patent reform, funding a staff attorney position.
In March 2014, Mark Cuban criticized high-frequency trading (HFT) on CNBC, arguing that it is equivalent to automated insider trading.
In June 2015, Mark Cuban donated $5 million to Indiana University Bloomington for the "Mark Cuban Center for Sports Media and Technology", which was built inside Assembly Hall.
In June 2015, Mark Cuban invested in the esports betting platform Unikrn.
In February 2016, Mark Cuban purchased a principal ownership stake in the Professional Futsal League.
In October 2017, Mark Cuban said he would "definitely" run for president if he was single. He also mentioned that if he ran for president in 2020, it would be as a Republican, describing himself as "socially a centrist ... but very fiscally conservative".
In 2019, Mark Cuban, along with Ashton Kutcher and others, acquired a 50% stake in Veldskoen Shoes' United States business.
In a June 2020 interview with CNN, Mark Cuban revealed he had seriously considered running for president that year as an independent candidate and commissioned a national poll.
In 2020, Mark Cuban assisted former NBA player Delonte West by picking him up from a gas station in Dallas, paying for a hotel room, and covering his treatment at a drug rehabilitation center.
On February 2, 2021, Mark Cuban joined Reddit's WallStreetBets "Ask Me Anything" forum, fielding questions related to the GameStop short squeeze and discussing related policy changes.
On March 4, 2021, Mark Cuban announced that the Dallas Mavericks would begin accepting Dogecoin as payment for team merchandise and tickets to games.
In 2021, Mark Cuban invested in Dogecoin and started accepting it as payment for Dallas Mavericks merchandise and tickets.
In 2021, Mark Cuban invested in Injective Protocol and also purchased the entire town of Mustang, Texas.
In January 2022, Mark Cuban launched Cost Plus Drugs, aiming to lower generic drug prices for consumers in the U.S.
On November 28, 2023, it was reported that Mark Cuban was in the process of selling his share in the Dallas Mavericks to Miriam Adelson.
On December 27, 2023, the NBA approved the sale of a controlling 73% interest in the Dallas Mavericks to Miriam Adelson, Sivan, and Patrick Dumont, from which Cuban earned an estimated $3.5 billion.
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