We already have a billionaire businessman in the Oval Office, but some say Dallas Maverick’s owner Mark Cuban could be the next. President Trump is reportedly worth $3.5 billion, which boosted his campaign (because campaigns cost money, duh). So, what is the Mark Cuban net worth?
Mark Cuban net worth
In September 2012, Mark Cuban was worth a mere $2.3 billion and his fortune grew over the years to $3.4 billion in March of this year, according to Forbes.
As of publication, Cuban’s net worth dropped (wait for it...) to $3.3 billion.
What were Mark Cuban’s early years like?
Born in Pittsburgh in 1958, Cuban started his entrepreneurship at the age of 12 when he sold garbage bags to pay for basketball shoes. At 16, he was running papers from Cleveland to Pittsburgh during a Pittsburgh Post-Gazette strike.
Skipping his senior year of high school, Cuban started at the University of Pittsburgh and while working as a bartender and disco dance instructor.
After one year at the University of Pittsburgh, Cuban transferred to Indiana University in Bloomington and graduated from the Kelley School of Business in 1981 with a Bachelor of Science degree in Management.
Cuban continued to bartend when he moved to Dallas, Texas, in 1982. After getting fired from a PC software sales job for meeting a client for new business instead of opening the store, Cuban started his own business, MicroSolutions.
How did Mark Cuban make his money?
Mark Cuban is a self-made man and most of his wealth is attributed to two transactions he made during the dot-com era.
In 1990, Cuban sold MicroSolutions to CompuServe, then a subsidiary of H&R Block, for $6 million, making about $2 million after taxes.
Cuban co-founded Broadcast.com, a video portal, with fellow Indiana University alum Todd Wagner in 1995. The duo sold Broadcast.com to Yahoo for $5.7 billion in 1999.
What about Mark Cuban today?
The Mark Cuban net worth obviously didn’t drop after the two dot-com transactions. The husband and father of three owns the NBA team the Dallas Mavericks and has stakes in Landmark Theaters, Magnolia Pictures and AXS TV.
In another parallel to Trump, Cuban is a reality TV star of sorts. He still appears as a judge on ABC’s show Shark Tank as a judge and investor.