Mark Cuban is a highly successful American businessman and television personality with an estimated net worth of $5.7 billion (as of February 2025). He is known for owning the Dallas Mavericks (NBA), co-owning 2929 Entertainment, and starring as an investor on the TV show Shark Tank. His entrepreneurial ventures and investments span various industries, solidifying his prominent position in both the business and entertainment worlds.
In February 2022, the U.S. 11th Circuit Court of Appeals ruled in a lawsuit against Bitconnect that the Securities Act of 1933 extends to targeted solicitation using social media.
On July 31, 1958, Mark Cuban was born. He is an American businessman and television personality.
In 1981, Mark Cuban graduated from the Kelley School of Business at Indiana University with a Bachelor of Science degree in management.
In 1989, Audionet was founded by Chris Jaeb, who retained 10% of the company.
In 1990, Mark Cuban sold MicroSolutions to CompuServe for $6 million, netting approximately $2 million after taxes.
In 1995, Mark Cuban and Todd Wagner joined Audionet, founded in 1989, combining their interest in Indiana Hoosier college basketball and webcasting.
In 1996, Mark Cuban donated $6,000 to Republican Senator Orrin Hatch of Utah.
In 1998, Audionet was rebranded as Broadcast.com.
In October 1999, Mark Cuban made what the Guinness Book of Records recognizes as the "largest single e-commerce transaction" by purchasing a Gulfstream V jet for $40 million over the internet.
In 1999, Broadcast.com was acquired by Yahoo! for $5.7 billion in Yahoo! stock; it also helped launch the first live-streamed Victoria's Secret Fashion Show.
On January 4, 2000, Mark Cuban purchased a majority stake in the NBA's Dallas Mavericks for $285 million from H. Ross Perot Jr.
In September 2002, Mark Cuban married Tiffany Stewart in a private ceremony held in Barbados.
In 2002, Mark Cuban criticized NBA official Ed T. Rush, saying he "wouldn't be able to manage a Dairy Queen." Following this nationally publicized incident in 2002, Dairy Queen management invited Cuban to manage one of their restaurants for a day. Cuban accepted and worked for a day at a Dairy Queen in Coppell, Texas, where fans lined up to get a Blizzard from him.
In 2002, Mark Cuban donated $1,000 to Democratic California Congresswoman Zoe Lofgren.
On September 24, 2003, 2929 Entertainment purchased Landmark Theatres, a chain of 58 arthouse movie theaters.
In 2003, Mark Cuban was involved in a staged altercation with Raw General Manager Eric Bischoff and Raw wrestler Randy Orton at WWE's Survivor Series.
In June 2004, a stock dilution occurred shortly after a trade in shares of Mamma.com, now known as Copernic. It gave hints of inside knowledge at the time of the trade.
During the 2005–06 NBA season, Mark Cuban initiated a booing campaign when former Mavericks player Michael Finley returned to play against the Mavericks as a member of the San Antonio Spurs.
In 2005, Mark Cuban expressed interest in buying the NHL's Pittsburgh Penguins.
In 2005, Mark Cuban invested $1.7 million in file-sharing company Red Swoosh, co-founded by Travis Kalanick.
In 2005, Mark Cuban invested in Brondell Inc., which makes the Swash high-tech toilet seat, and Goowy Media Inc., an Internet software startup.
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, but the show has not materialized.
On June 30, 2006, Mavericks player Dirk Nowitzki gave an interview about Mark Cuban.
In July 2006, Mark Cuban financed Sharesleuth.com, a website created to uncover fraud in publicly traded companies.
After the 2006 NBA Finals, Mark Cuban was fined $250,000 by the NBA for repeated misconduct following the Mavericks' loss to the Miami Heat in Game Five of the 2006 NBA Finals.
In 2006, 2929 Entertainment released "Bubble", a movie directed by Steven Soderbergh.
In 2006, Mark Cuban financed the movie "Redacted" through his film distributor, Magnolia Pictures.
In 2006, Mark Cuban joined an investment group to attempt to acquire the Pittsburgh Penguins; however, the group's bid was rejected when the team was taken off the market.
In 2006, the Dallas Mavericks reached their first NBA Finals, where they lost to the Miami Heat, under Mark Cuban's ownership.
In February 2007, Mark Cuban publicly criticized NBA Finals MVP Dwyane Wade and declared that he would get fined if he made any comments about what he thought really happened in the 2006 NBA Finals.
In February 2007, Mark Cuban publicly criticized NBA Finals MVP Dwyane Wade. Cuban also stated that he would get fined if he made any further comments about the events of the 2006 NBA Finals.
In April 2007, Mark Cuban partnered with Mascot Books to publish 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, formerly UFC's parent company.
In September 2007, Mark Cuban, as owner of Magnolia Pictures, removed disturbing photographs from the concluding moments of the movie Redacted, citing copyrights/permissions issues.
On October 13, 2007, "HDNet Fights", a mixed martial arts promotion organized by Mark Cuban, premiered on HDNet, featuring a fight between Erik Paulson and Jeff Ford.
In 2007, Red Swoosh was acquired by Akamai for $19 million.
On February 8, 2008, Mark Cuban voiced his support for the draft Bloomberg movement, suggesting it was a way to change the status quo. He eventually voted for Barack Obama in the election.
In October 2008, Mark Cuban started Bailoutsleuth.com as a portal for oversight over the U.S. government's $700 billion "bailout" of financial institutions. The website no longer exists.
On November 17, 2008, 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. The SEC claimed that Cuban sold his holdings in Mamma.com based on confidential information, avoiding a $750,000 loss.
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.
On January 16, 2009, Mark Cuban was fined $25,000 by the NBA for yelling at Denver Nuggets player J. R. Smith during a Mavericks-Nuggets game on January 13. Cuban was offended by Smith's elbow towards Antoine Wright and offered to match the fine with a donation to a charity of Smith's choosing. If Smith did not respond, Cuban would donate the money to the NHL Players' Association Goals and Dreams Fund in the names of Todd Bertuzzi and Steve Moore.
In May 2009, following a loss to the Denver Nuggets, Mark Cuban referred to the Denver Nuggets as "thugs," directing the comment towards both the team and their fans. He also confronted Kenyon Martin's mother, who was seated nearby. The statement revisited media attention on Cuban yet again. Despite the controversy, the league did not fine him.
In July 2009, the U.S. District Court dismissed the insider trading charges against Mark Cuban related to Mamma.com. However, the SEC appealed the decision.
On December 7, 2009, Mark 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 and was slammed through a table by Sheamus.
In 2009, Travis Kalanick approached Mark Cuban to invest in Uber at a $10 million valuation, but the deal did not materialize.
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 May 2010, H. Ross Perot Jr. filed a lawsuit against Mark Cuban, alleging the Dallas Mavericks franchise was insolvent.
On May 22, 2010, Mark Cuban was fined $100,000 for comments he made during a television interview regarding his attempts to sign LeBron James.
In June 2010, Mark Cuban responded to H. Ross Perot Jr.'s lawsuit, maintaining that Perot was wrongly seeking money to offset losses.
In August 2010, Mark Cuban actively bid to buy the Texas Rangers with Jeffrey L. Beck, stopping after placing bids totaling almost $600 million but ultimately losing the deal.
In September 2010, Mark Cuban provided an undisclosed amount of venture capital to store-front analytics company Motionloft.
In September 2010, an appeals court overturned the district court's dismissal and ruled that further proceedings were necessary to address the merits of the SEC's insider trading suit against Mark Cuban.
October 6, 2010, was the deadline for the UFL to repay the loan.
In January 2011, Mark Cuban filed a federal lawsuit against the UFL for their failure to repay the loan by the October 6, 2010, deadline.
In April 2011, Mark Cuban put Magnolia Pictures and Landmark Theatres up for sale, stating that he would continue to make money from the properties if the desired price was not met.
In April 2011, an alleged incident occurred between Mark Cuban and a female patron at a Portland, Oregon bar called the Barrel Room. The woman told Portland police that Cuban sexually groped her while she posed for pictures with him.
In November 2011, Mark Cuban stated to the Los Angeles Times that he didn't think the Dodgers franchise was worth twice what the Rangers were worth, implying he wouldn't be interested in buying the franchise at $1 billion.
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.
Despite his history of outspokenness, Mark Cuban was notably silent during the Dallas Mavericks' 2011 championship playoff run.
In 2011, Mark Cuban expressed interest in becoming a minority owner of the New York Mets after the owner, Fred Wilpon, announced plans to sell up to a 25% stake in the team.
In 2011, Mark Cuban, as the owner of the Dallas Mavericks, saw the team win the NBA Championship.
In 2011, the lawsuit filed by H. Ross Perot Jr. against Mark Cuban was dismissed, partly due to the Mavericks' recent NBA Finals victory.
In January 2012, Mark Cuban placed an initial bid for the Los Angeles Dodgers, but was eliminated before the second round of bidding.
In November 2012, in response to Donald Trump offering President Obama $5 million to charity if he released passport applications and college transcripts, Mark Cuban offered Trump $1 million to a charity of Trump's choosing if Trump shaved his head.
On December 19, 2012, Mark Cuban donated $250,000 to the Electronic Frontier Foundation to support patent reform, funding a new title for staff attorney Julie Samuels: The Mark Cuban Chair to Eliminate Stupid Patents.
On October 16, 2013, a federal jury in Texas found in favor of Mark Cuban in the insider trading case brought by the SEC. The jury deliberated for 3 hours and 35 minutes before reaching the verdict.
In November 2013, several investors questioned Mark Cuban about Jon Mills' representation of a pending acquisition of Motionloft.
On December 1, 2013, Jon Mills was terminated as CEO of Motionloft by stockholders.
On January 18, 2014, Mark Cuban was fined $100,000 for confronting referees and using inappropriate language toward them. Cuban matched the fine with a donation to charity on the condition that he reached two million followers on his Twitter account. Cuban also jokingly commented that he could not let Stern leave without a proper farewell.
In February 2014, Jon Mills, former CEO of Motionloft, was arrested by the FBI and charged with wire fraud.
In March 2014, Mark Cuban criticized high-frequency trading (HFT) on CNBC. Cuban believes HFT is equivalent to automated insider trading.
In 2014, the 5th Circuit Court affirmed the decision to dismiss the lawsuit filed by H. Ross Perot Jr. against Mark Cuban.
At the Code/Media conference in February 2015, Mark Cuban said that "having [the FCC] overseeing the Internet scares the shit out of me", regarding net neutrality.
In June 2015, Mark Cuban donated $5 million to Indiana University Bloomington to establish the "Mark Cuban Center for Sports Media and Technology" inside Assembly Hall, the school's basketball arena.
In June 2015, Mark Cuban invested in the esports betting platform Unikrn.
In September 2015, Mark Cuban stated in an interview that he "could beat both Trump and Clinton" if he was running in the 2016 U.S. presidential election, but later clarified that he had no intention to run.
In October 2015, Mark Cuban posted on Twitter, "Maybe I'll run for Speaker of the House", during a period when there was no clear front-runner to replace John Boehner.
In February 2016, Mark Cuban purchased a principal ownership stake in the Professional Futsal League.
In May 2016, Mark Cuban told Meet the Press that he would be open to being Hillary Clinton's running mate in the election, though he would seek to alter some of her positions. He also said he would consider running as Trump's running mate.
On July 21, 2016, Mark Cuban appeared on a live segment on The Late Show with Stephen Colbert and mocked Trump.
On July 30, 2016, Mark Cuban formally endorsed Hillary Clinton for president at a rally in Pittsburgh, Pennsylvania, and criticized Republican nominee Donald Trump.
In September 2016, Mark Cuban criticized Donald Trump's view that paying the minimum required taxes is 'smart', arguing that Trump was not contributing back to the system that enabled his wealth accumulation. Cuban made these remarks during a post-presidential debate interview in September 2016.
In a September 2016 interview with NPR, Mark Cuban effectively positioned himself to support Clinton, suggesting the best strategy to beat Trump was to attack his insecurities.
On November 22, 2016, Mark Cuban met with then President-elect Trump's key advisor Steve Bannon.
In September 2015, Mark Cuban stated in an interview that running for president was "a fun idea to toss around", and that, if he was running in the 2016 U.S. presidential election, he "could beat both Trump and Clinton".
In October 2017, Mark Cuban stated he would "definitely" consider running for president if he were single, sparking speculation about his potential future in politics. In October 2017, Cuban said that if he ran for president in 2020, it would be as a Republican, and described himself as "socially a centrist ... but very fiscally conservative".
On February 21, 2018, Mark Cuban was fined $600,000 by the NBA for stating that the Dallas Mavericks should "tank for the rest of the season." Commissioner Adam Silver cited that the fine was "for public statements detrimental to the NBA."
On March 6, 2018, Willamette Week reported on an alleged incident that occurred in April 2011 at a Portland, Oregon bar called the Barrel Room between Mark Cuban and a female patron. The woman claimed that Cuban sexually groped her while posing for pictures.
On March 8, 2018, the NBA announced that it was reviewing the alleged incident involving Mark Cuban and a female patron at a Portland bar. The review was initiated following a report by Willamette Week on March 6, 2018, detailing the allegations.
In a March 2019 interview with the New York Daily News, Mark Cuban expressed that he was "strongly considering running" for president as an independent candidate, signaling a potential shift in his political strategy.
In May 2019, Mark Cuban indicated that he would only run for president if the circumstances were just right, stating, "It would take the perfect storm for me to do it. There's some things that could open the door, but I'm not projecting or predicting it right now."
In 2019, Mark Cuban, along with others, acquired a 50% stake in Veldskoen Shoes United States business.
On March 6, 2020, Mark Cuban was fined $500,000 by the NBA for "public criticism and detrimental conduct regarding NBA officiating", according to the league.
During an appearance on an episode of Hannity in May 2020, Mark Cuban voiced his support for former Vice President Joe Biden in the 2020 U.S. presidential election.
In a June 2020 interview with CNN and former Obama advisor David Axelrod, Mark Cuban revealed that he had seriously considered running for president that year as an independent candidate. He commissioned a national poll, which showed he would receive only 25% of the vote against President Donald Trump and former Vice President Joe Biden. The June 2020 poll indicated his candidacy would draw votes from both Trump and Biden.
In 2020, Mark Cuban assisted former NBA player Delonte West, who was homeless, by picking him up from a gas station in Dallas and arranging for a hotel room and treatment at a drug rehabilitation center for him.
In 2020, it was speculated that Mark Cuban could have challenged president Donald Trump as a Democrat.
In late 2020, Mark Cuban supported the movement regarding the National Anthem.
On February 2, 2021, Mark Cuban joined Reddit's WallStreetBets "Ask Me Anything" forum, answering questions related to the GameStop short squeeze and offered insights on trading techniques.
On March 4, 2021, Mark Cuban announced that the Dallas Mavericks would begin accepting Dogecoin as payment for both merchandise and tickets to games.
In 2021, Mark Cuban backed Injective Protocol, a layer-2 decentralized exchange protocol. Also, in late 2021, Cuban purchased the entire town of Mustang, Texas.
In 2021, Mark Cuban invested in the cryptocurrency Dogecoin and started accepting it as a payment method for Dallas Mavericks merchandise and tickets.
In early 2021, Mark Cuban decided to stop playing the National Anthem at Dallas Mavericks games to respect those who felt it did not represent them. The NBA then required all teams to play it.
In January 2022, Mark Cuban launched Cost Plus Drugs, aiming to lower generic drug prices for consumers in the U.S.
In February 2022, the U.S. 11th Circuit Court of Appeals ruled in a lawsuit against Bitconnect that the Securities Act of 1933 extends to targeted solicitation using social media.
In July 2022, Voyager Digital filed for Chapter 11 bankruptcy protection.
In September 2023, Mark Cuban's MetaMask cryptocurrency wallet was drained by scammers, resulting in a loss of approximately $870,000 worth of tokens.
On November 28, 2023, The Dallas Morning News 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 interest of 73% in the Dallas Mavericks to Miriam Adelson, Sivian, and Patrick Dumont. Cuban reportedly earned $3.5 billion from the sale.
In October 2024 Mark Cuban revealed on the All-In Podcast that Trump had reached out to him for a position during his administration.
In October 2024, Mark Cuban joined Kamala Harris on the campaign trail for the 2024 election, making an appearance alongside her in Wisconsin on October 17. He spoke about Donald Trump's tariff policies, warning that they will drive up prices and "ruin Christmas."
In 2024, Mark Cuban was included in the Time 100 Most Influential People 2024.
Prior to the 2024 Presidential election, Mark Cuban endorsed Kamala Harris for President. He also launched "Business Leaders for Harris" with Reid Hoffman and expressed interest in heading the SEC if she were elected.
In February 2025, Forbes estimated Mark Cuban's net worth to be $5.7 billion.
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