
Mark Cuban
Born 1958 · Age 67
American entrepreneur, investor, owner (former majority, current minority) of the Dallas Mavericks, co-founder of Broadcast.com and 2929 Entertainment, Shark Tank investor, and founder/co-founder of multiple media, tech and health ventures.
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Life & Career Timeline
Born in Pittsburgh, Pennsylvania
Mark Cuban was born in Pittsburgh, Pennsylvania to Norton and Shirley Cuban.
First entrepreneurial venture — selling garbage bags
At age 12 Cuban sold garbage bags to raise money for a pair of sneakers — his first documented business activity.
Selling stamps and coins as a teen
A few years after selling garbage bags, Cuban earned money selling stamps and coins.
Ran newspapers during strike
At about 16, Cuban ran newspapers into Pittsburgh during a Pittsburgh Post-Gazette strike, an early entrepreneurial/logistics effort.
Enrolled early at University of Pittsburgh
Cuban enrolled as a full-time student at the University of Pittsburgh instead of completing his senior year of high school.
Transferred to Indiana University
After one year at the University of Pittsburgh Cuban transferred to Indiana University Bloomington (Kelley School of Business).
Graduated Kelley School of Business (BS Management)
Cuban graduated from Indiana University's Kelley School of Business with a Bachelor of Science in management.
Hired at Mellon Bank (Pittsburgh)
After graduation Cuban took a job at Mellon Bank, where he studied machines and networking.
Bartender at Elan and hired by Your Business Software
Worked as a bartender on Greenville Avenue then became a salesperson at early Dallas PC software retailer Your Business Software.
Moved to Dallas, Texas
Cuban relocated to Dallas to pursue new opportunities.
Founded MicroSolutions
Cuban founded MicroSolutions (systems integrator and software reseller) using an advance from first customer; company supported networking and early business software.
Fired from Your Business Software
Cuban was fired after missing store opening duties to meet a client — a turning point that led him to start his own company.
MicroSolutions sold to CompuServe for $6M
Cuban sold MicroSolutions to CompuServe (H&R Block subsidiary) for $6,000,000 and made about $2M after taxes.
Short-lived hedge fund and early investing
Used networking knowledge and capital to invest in public and private companies and briefly ran a hedge fund which he sold within 12 months.
Moved to Los Angeles for acting classes
Spent time in LA taking acting classes and doing commercials and B-movies before returning to Dallas.
Co-founded Audionet with Todd Wagner
Cuban and Todd Wagner created Audionet to stream Indiana basketball and other content—the company later became Broadcast.com.
Broadcast.com went public (IPO)
Broadcast.com (formerly Audionet) completed an IPO in July 1998, with a historic first-day share jump.
Broadcast.com business scale (Q2)
By 1999 Broadcast.com had about 330 employees and reported $13.5 million in revenue for the second quarter.
Broadcast.com helped live-stream Victoria's Secret Fashion Show
Broadcast.com helped launch the first live-streamed Victoria's Secret Fashion Show (1999).
Sold Broadcast.com to Yahoo! for $5.7B in stock
Yahoo! acquired Broadcast.com for approximately $5.7 billion in Yahoo stock during the dot-com boom.
Hedged Yahoo stock to protect wealth
Cuban hedged the Yahoo! stock he received, a trade later described as one of the top stock trades that protected most of his fortune.
Purchased the Dallas Mavericks for $285M
Cuban bought a majority stake in the NBA's Dallas Mavericks from H. Ross Perot Jr. for $285 million.
Co-founded HDNet and HDNet Movies
With Phil Garvin (and Todd Wagner involvement), Cuban launched HDNet and HDNet Movies — early all high-definition TV networks.
Started Fallen Patriot Fund
Cuban started the Fallen Patriot Fund to assist families of U.S. military personnel killed or injured in the Iraq War, personally matching the first $1M.
Co-founded 2929 Entertainment (with Todd Wagner)
Cuban and Todd Wagner co-founded 2929 Entertainment to integrate production and distribution of films and video.
2929 Entertainment purchased Landmark Theatres (58 screens)
2929 Entertainment acquired Landmark Theatres, a chain of 58 arthouse movie theaters.
Invested $1.7M in Red Swoosh
Cuban invested $1.7 million in file-sharing company Red Swoosh (co-founded by Travis Kalanick) to help it recover after the early-2000s recession.
Invested in Brondell, IceRocket, Weblogs, Inc., and Goowy
Cuban made several angel/venture investments in consumer and internet startups including Brondell (bidet-seat maker), IceRocket (search engine), Weblogs, Inc., and Goowy.
Fined $25,000 for rushing onto court and criticizing officials
Cuban was fined $25,000 by the NBA for rushing onto the court and criticizing officials (during mid-2000s controversies).
Financed Sharesleuth.com
Cuban financed Sharesleuth.com (July 2006), a site investigating fraud in public companies; he disclosed taking positions in shares mentioned.
2929 released 'Bubble' (Soderbergh film)
2929 Entertainment released the film 'Bubble' directed by Steven Soderbergh (2006).
Fined $250,000 by NBA after 2006 Finals comments
After the Dallas Mavericks lost to Miami in the 2006 NBA Finals, Cuban was fined $250,000 for repeated misconduct.
Financed and distributed the film 'Redacted' through Magnolia Pictures
As owner of Magnolia Pictures Cuban financed 'Redacted' (Brian De Palma) and later removed disputed photographs from the film's ending (Sep 2007).
Red Swoosh acquired by Akamai for $19M
Red Swoosh, in which Cuban had invested, was acquired by Akamai for $19 million.
Published children's book 'Let's Go, Mavs!' (Mascot Books)
Cuban partnered with Mascot Books to publish his first children's book.
Launched HDNet Fights (MMA promotion)
Cuban organized 'HDNet Fights', a mixed martial arts promotion airing on HDNet; first show premiered with veteran fighters.
Launched Bailoutsleuth.com
Cuban started Bailoutsleuth.com (Oct 2008), an online portal for oversight of U.S. government bailout spending.
SEC filed insider trading lawsuit allegation
The U.S. SEC filed a civil suit alleging Cuban traded on nonpublic information in shares of Mamma.com (Copernic) in 2004; Cuban denied wrongdoing.
District court dismissed SEC charges (July 2009)
U.S. District Court dismissed the SEC action against Cuban; the SEC later appealed.
Became regular panelist at MIT Sloan Sports Analytics Conference
Since 2009 Cuban has been a recurring panelist at the annual MIT Sloan Sports Analytics Conference.
Fined $25,000 for yelling at J. R. Smith (Jan 2009)
The NBA fined Cuban $25,000 for yelling at Denver Nuggets player J. R. Smith during a January 13 game (fine announced Jan 16, 2009).
H. Ross Perot Jr. filed lawsuit alleging Mavericks insolvency
Perot (retaining 5% ownership) filed suit alleging the Mavericks were insolvent or in danger of insolvency (May 2010).
Loaned United Football League $5M
Cuban loaned $5 million to the UFL (April 2010) though he did not own a team; loan repayment dispute followed.
Fined $100,000 for comments about trying to sign LeBron James
Cuban was fined $100,000 on May 22, 2010 for comments made during a television interview about attempting to sign LeBron James.
Dallas Mavericks won the 2011 NBA Championship
Under Cuban's ownership the Mavericks defeated the Miami Heat to win the NBA title (June 2011).
Joined ABC's 'Shark Tank' as a main Shark (season 2)
Cuban became one of the main 'sharks' on Shark Tank starting in 2011, investing in entrepreneurs on the show.
Placed Magnolia Pictures and Landmark Theatres up for sale
Cuban announced Magnolia Pictures and Landmark Theatres were for sale but said he would keep them if the price/premium wasn't met (April 2011).
Published e-book 'How to Win at the Sport of Business' (30,000 words)
Cuban released a 30,000-word motivational e-book about business and entrepreneurship.
Shark Tank tenure and show success
Cuban continued as a Shark; the show won multiple Primetime Emmys for Outstanding Structured Reality Program after his joining (2014–2017 wins followed later).
Donation to Electronic Frontier Foundation ($250,000)
Cuban donated $250,000 to the EFF to support patent reform; funded the 'Mark Cuban Chair to Eliminate Stupid Patents' (Dec 19, 2012 donation).
Expanded 'How to Win at the Sport of Business' into print book
Cuban expanded the e-book into a published book (2013 release based on Britannica note).
Federal jury found in Cuban's favor in SEC insider-trading case
A federal jury in Texas returned a verdict in favor of Cuban in the SEC civil suit (Oct 16, 2013).
Motionloft CEO terminated (company Cuban invested in)
Motionloft's CEO Jon Mills was terminated by stockholders (Dec 1, 2013) amid questions about acquisition representations; Cuban had invested earlier.
Shark Tank won Emmy for Outstanding Structured Reality Program (2014)
Shark Tank won its first Emmy for Outstanding Structured Reality Program after Cuban joined the show.
Court of Appeals affirmed dismissal of Perot suit (5th Circuit decision)
After the Perot lawsuit, appeals confirmed dismissal in favor of Cuban regarding alleged insolvency claims (2014 affirmation referenced).
Shark Tank won additional Emmy awards (2015–2017 run)
Shark Tank continued winning Primetime Emmys for Outstanding Structured Reality Program (wins through 2017).
Invested in esports betting platform Unikrn
Cuban invested in Unikrn (June 2015), an esports-focused betting platform.
As of May 2015: invested in 85 Shark Tank deals totaling $19.9M
By May 2015 Cuban had invested in 85 deals across 111 Shark Tank episodes for a total of about $19.9 million (on-air commitments).
Invested in vestibular rehabilitation VR solution
In 2015 Cuban partnered with physicians to integrate vestibular rehabilitation software and VR goggles to offer a lower-cost solution for dizziness sufferers.
Purchased principal ownership stake in Professional Futsal League
Cuban purchased a principal ownership stake in the Professional Futsal League (Feb 2016).
Fined $100,000 by NBA for confronting referees (Jan 2014 incident fine noted 2014)
Cuban was fined $100,000 by the NBA for confronting referees and using inappropriate language (this fine was made public Jan 18, 2014).
Fined $600,000 by NBA for 'tanking' comments
The NBA fined Cuban $600,000 (Feb 21, 2018) for saying the Mavericks should 'tank for the rest of the season'.
Report of alleged 2011 sexual groping incident (March 2018 article)
Willamette Week reported an alleged April 2011 incident; Cuban denied allegations and DA declined to prosecute citing insufficient evidence.
Landmark Theatres sold (2019)
Mark and partners sold Landmark Theatres in 2019 (2929/Mark's sites indicate Landmark was sold in 2019).
Co-founded Cost Plus Drugs (company founding)
Cuban co-founded Cost Plus Drugs (company formation reported in 2019) to lower generic drug prices.
Acquired 50% stake in Veldskoen Shoes' US business with partners
Cuban, Ashton Kutcher, Steve Watts and Angela Watts acquired a 50% stake in the U.S. business of Veldskoen Shoes (2019).
Fined $500,000 by NBA for public criticism of officiating (Mar 6, 2020)
The NBA fined Cuban $500,000 on March 6, 2020 for public criticism and conduct concerning officiating.
Public Reddit AMA on WallStreetBets (Feb 2, 2021)
Cuban joined Reddit's WallStreetBets 'Ask Me Anything' on Feb 2, 2021 to discuss GameStop and retail trading — publicly critiqued SEC and brokerage restrictions.
Dallas Mavericks began accepting Dogecoin and cryptocurrency activity
Cuban invested/endorsed cryptocurrency activity and the Mavericks accepted Dogecoin for merchandise and tickets starting in early 2021.
Backed Injective Protocol (layer-2 DEX) and partners
In late 2021 Cuban and multiple crypto/VC firms backed Injective Protocol and its CEO Eric Chen.
Purchased Mustang, Texas (entire town, 77 acres)
Cuban purchased the 77-acre town of Mustang, Texas (late 2021), saying he didn't know what he'd do with it yet.
Named as a defendant in litigation tied to Voyager (class action Aug 2022)
Following Voyager Digital's bankruptcy, Cuban and the Mavericks were named in a class-action alleging Voyager was a Ponzi scheme linked to promotions and sponsorships.
Launched Cost Plus Drugs publicly (CostPlusDrugs.com)
Cost Plus Drugs launched Jan 19, 2022, offering transparent direct-to-consumer generic drug pricing and limited markup.
Voyager Digital filed Chapter 11 (July 2022) & class action naming Cuban (Aug 2022)
Voyager Digital filed for bankruptcy July 2022; in Aug 2022 Cuban and the Mavericks were named in a class-action alleging Voyager was a Ponzi scheme tied to Cuban's promotion/sponsorship.
Announced Nov 2023 that Shark Tank season 16 would be his last
Cuban announced in November 2023 that season 16 would be his final season as a main Shark on Shark Tank.
MetaMask wallet drained by scammers (loss ~ $870,000)
In September 2023 Cuban's MetaMask wallet was drained by scammers, costing him roughly $870,000 in tokens.
Cuban reported to have earned approx $3.5B from Mavericks sale
Cuban said he earned an estimated $3.5 billion from the sale of majority control of the Mavericks.
Reported in process of selling Mavericks stake to Miriam Adelson (Nov 28, 2023)
Reports surfaced that Cuban was selling his share of the Dallas Mavericks to Miriam Adelson (process reported Nov 28, 2023).
NBA approved sale of controlling interest in Mavericks (Dec 27, 2023)
The NBA approved sale of 73% controlling interest in the Mavericks to Miriam Adelson and partners; Cuban retained a minority ownership stake.
Won Emmy as Executive Producer for Outstanding Structured Reality Program (2024)
Cuban (as Executive Producer) won an Emmy in 2024 for Outstanding Structured Reality Program for Shark Tank.
Campaigned publicly for Kamala Harris (appeared Oct 17, 2024)
Cuban appeared on the campaign trail with Kamala Harris in Wisconsin on Oct 17, 2024 and launched 'Business Leaders for Harris' with Reid Hoffman supporting her candidacy.
Last Shark Tank appearance (season 16 finale May 2025)
Cuban's final appearance as a main Shark on Shark Tank took place in May 2025 (season 16 finale).
Forbes estimated net worth at US$6 billion (May 2025)
Forbes estimated Mark Cuban's net worth at approximately $6.0 billion as of May 2025.
Key Achievement Ages
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