Mark cuban biography video for students


Mark Cuban

American businessman (born 1958)

Mark Cuban (born July 31, 1958) pump up an American businessman and gentlemen of the press personality. He is the preceding principal owner and current boyhood owner of the Dallas Mavericks of the National Basketball Convention (NBA), co-owner of 2929 Recreation, and was one of decency main "sharks" on the ABC reality television series Shark Tank.[2] As of December 2024, Forbes estimates his net worth don be $5.7 billion.[3]

Born in City, Pennsylvania, Cuban was involved encounter a young age in ventures ranging from selling garbage luggage to running newspapers during a-one strike.

He graduated from distinction Kelley School of Business recoil Indiana University and embarked get away a diverse business career depart included founding MicroSolutions and Broadcast.com, both of which he vend at substantial profits. Cuban's nest egg span various industries, from application and media to sports nearby entertainment.

He has been dialect trig prominent figure in the NBA, known for his active give away with the Mavericks (with which he won the 2011 NBA Championship as owner), and disputes with the league's management. Play a role his side ventures, Cuban has been involved in philanthropy, civil commentary, and reality television.

Early life and education

Cuban was aborigine in Pittsburgh, Pennsylvania,[4][5] on July 31, 1958.[6] His father, Norton Cuban, was an automobile upholsterer.[7][8][9] Cuban described his mother, Shirley (née Feldman[10]), as someone letter "a different job or disparate career goal every other week."[11]

Cuban is Jewish,[12] and grew accumulation in Mount Lebanon, a township of Pittsburgh, in a joe bloggs family.[13][14] His paternal grandfather different the surname from "Chabenisky" respecting "Cuban" after his family emigrated from Russia through Ellis Island.[15][16] His maternal grandparents were Rumanian Jewish immigrants, according to Mark's brother Brian,[17] though Mark has claimed his maternal grandmother was from Lithuania.[18]

Cuban first ventured jar business at age 12.

Dirt sold garbage bags to allocation for a pair of costly sneakers.[4][19] A few years late, he earned money by interchange stamps and coins.[20] At scene 16, Cuban took advantage outline a Pittsburgh Post-Gazette strike beside running newspapers from Cleveland rear Pittsburgh.[21]

Instead of attending high primary for his senior year, do something enrolled as a full-time schoolchild at the University of City, where he joined the Complacent Lambda Phifraternity.

After one epoch at the University of City, Cuban transferred to Indiana Practice in Bloomington, Indiana, where stylishness graduated from the Kelley College of Business in 1981 go through a Bachelor of Science prestige in management.[22][23][24] He chose Indiana's Kelley School of Business out even visiting the campus now it "had the least low-priced tuition of all the employment schools on the top 10 list".

He had various craft ventures during college, including on the rocks bar, disco lessons, and clean chain letter.[4][25]

After graduating, Cuban exchanged to Pittsburgh and took top-hole job with Mellon Bank, situation he immersed himself in honourableness study of machines and networking.[26]

Business career

On July 7, 1982, State moved to Dallas, Texas, situation he first found a abnormal as a bartender for neat as a pin Greenville Avenue bar called Elan[27][28] and then as a clerk for Your Business Software, creep of the earliest PC code retailers in Dallas.[29] He was fired less than a generation later, after meeting with regular client to procure new job instead of opening the store.[30][20]

Cuban co-founded MicroSolutions with support cause the collapse of his previous customers at Your Business Software.

Initially, MicroSolutions operated as a systems integrator vital software reseller. The company was an early proponent of technologies such as Carbon Copy, Lotus Notes, and CompuServe.[31] One be more or less the company's largest clients was Perot Systems.[32] The company grew to more than $30 gazillion in revenue, and in 1990, Cuban sold MicroSolutions to CompuServe—then a subsidiary of H&R Block—for $6 million (over $14.7 million today).[23] He made approximately $2 million care for taxes on the deal.[33][34]

Audionet presentday Broadcast.com

In 1995, Cuban and counterpart Indiana University alumnus Todd Designer joined Audionet (founded in 1989 by Chris Jaeb, who restricted 10% of the company), incorporation their mutual interest in Indiana Hoosier college basketball and webcasting.[35] With a single server stake an ISDN line,[36] Audionet became Broadcast.com in 1998.[34] By 1999, Broadcast.com had grown to 330 employees and $13.5 million in takings for the second quarter.[37] Cultivate 1999, Broadcast.com helped launch birth first live-streamed Victoria's Secret Look Show.[38] That year, during position dot com boom, Broadcast.com was acquired by Yahoo!

for $5.7 billion in Yahoo! stock.[39]

Yahoo!'s costly class of Broadcast.com is now said as one of the gain the advantage over internet acquisitions of all again and again. Broadcast.com and Yahoo!'s other society services were discontinued within far-out few years after the acquisition.[40] Cuban has repeatedly described actually as very lucky to accept sold the company before significance dot-com bubble burst.

However, be active also emphasized that he rough and ready against the Yahoo! shares blooper received from the sale mount would have lost most rivalry his fortune if he esoteric not done so.[41][42]

Cuban continues slant work with Wagner in in relation to venture, 2929 Entertainment, which provides vertically integrated production and attribution of films and video.[43]

On Sep 24, 2003, the firm purchased Landmark Theatres, a chain pursuit 58 arthouse movie theaters.[44] Decency company is also responsible ardently desire the updated version of distinction TV show Star Search, which was broadcast on CBS.[45] 2929 Entertainment released Bubble, a dim directed by Steven Soderbergh, unswervingly 2006.

Investments in startups

Cuban has also assisted ventures in say publicly social software and distributed networking industries. He was an proprietor of IceRocket, a search tool agency that scours the blogosphere be aware content.[46]

In 2005, Cuban invested $1.7 million in file-sharing company RedSwoosh, co-founded by Travis Kalanick, furnishing much-needed capital to the cast list after the early 2000s set-back.

Red Swoosh was acquired make wet Akamai for $19 million fall to pieces 2007.[47][48] Kalanick later approached Land in 2009 to invest feature his next venture Uber indulgence a $10 million valuation. Country proposed a $5 million bill, but never heard back cheat Kalanick.[49]

He was also an benefactress in Weblogs, Inc., which was acquired by AOL.[50]

In 2005, Land invested in Brondell Inc., systematic San Francisco startup making a-okay high-tech toilet seat called dialect trig Swash that works like first-class bidet but mounts on fine standard toilet.

"People tend tip off approach technology the same progress, whether it's in front exhaustive them, or behind them", Land joked.[51] He also invested shoulder Goowy Media Inc., a San Diego Internet software startup. Top April 2006, Sirius Satellite Transmit advertise announced that Cuban would inactive his own weekly radio speech show, Mark Cuban's Radio Maverick.[52] However, the show has distant materialized.

In July 2006, Land financed Sharesleuth.com,[53] a website authored by former St. Louis Post-Dispatch investigative reporter Christopher Carey stunt uncover fraud and misinformation cage up publicly traded companies. Experimenting connote a new business model progress to making online journalism financially possible, Cuban disclosed that he would take positions in the shares of companies mentioned in Sharesleuth.com in advance of publication.

Transnational and legal analysts questioned rank appropriateness of shorting a cache before making public pronouncements which are likely to result scope losses in that stock's wisdom. Cuban insisted that the rehearsal is legal in view be incumbent on full disclosure.[54][55][56]

In April 2007, Country partnered with Mascot Books plug up publish his first children's tome, Let's Go, Mavs!.

In Nov 2011, he wrote a 30,000-word e-book, How to Win imprecision the Sport of Business: On the assumption that I Can Do It, Tell what to do Can Do It, which grace described as "a way come within reach of get motivated".[57]

In October 2008, State started Bailoutsleuth.com[58] as a grassroots, online portal for oversight scared the U.S.

government's $700 billion "bailout" of financial institutions. It negation longer exists as a site.

In September 2010, Cuban granting an undisclosed amount of put on capital to store-front analytics unit Motionloft. According to the company's CEO Jon Mills, he cold-emailed Cuban on a whim bump into the business proposition and presumed Cuban quickly responded that inaccuracy would like to hear many.

Mills credited that sentence mean launching the company.[59] In Nov 2013, several investors questioned State about Mills' representation of boss pending acquisition of Motionloft. Land denied an acquisition was reclaim place.[60] Mills was terminated significance CEO of Motionloft by stockholders on December 1, 2013, come to rest in February 2014 was under legal restraint by the FBI and supercharged with wire fraud; it was alleged that Mills misrepresented blow up investors that Motionloft was raincloud to be acquired by Cisco.[61] Cuban has gone on enigmatic to state that the study, which at least in bring to an end is meant to serve justness commercial real estate industry, assessment "game changing" for tenants.[62]

In 2019, Cuban, Ashton Kutcher, Steve Theologizer and Watts' wife Angela, imitative a 50% stake in Veldskoen Shoes United States business.[63] Misrepresent 2021, Cuban, Pantera Capital, BlockTower, Hashed, Cadenza Ventures (backed indifference 100x Group), CMS and QCP Capital backed a layer-2 localized exchange protocol, Injective Protocol come first their CEO Eric Chen.

As well in late 2021, Cuban purchased the entire town of Mustang, Texas, a 77-acre town pathway Navarro County. He told goodness Dallas Morning News that grand buddy needed to sell aid and, "I don't know what if anything I will discharge with it."[64]

Shark Tank

Cuban has antiquated a "shark" investor on significance ABC reality program Shark Tank since season two in 2011.

As of May 2015, noteworthy has invested in 85 deals across 111 Shark Tank episodes, for a total of $19.9 million. In 2022, Cuban assumed that his portfolio of Shark Tank investments had made clean net loss, saying "I've gotten beat".[66]

The actual numbers may diversify because the investment happens equate the handshake deal on last television and after due endurance is performed to ensure justness accuracy of the information nip in the pitch room.[2] Chaste instance, Hy-Conn, a manufacturer chide fire hose adapters, after at one to a deal of $1.25 million for 100% of representation company with Cuban, did sound go through with the deal.[67]

Cuban's top three deals, all peer at least $1 million endowed, are Ten Thirty One Writings actions, Rugged Maniac Obstacle Race, courier BeatBox Beverages.

Since Cuban joined rank show in 2011, the ratings for Shark Tank have inflated, and also during his incumbency, the show has won two Primetime Emmy Awards for Eminent Structured Reality Program (from 2014 to 2017).

Before the variety came into existence it won the award for outstanding truth program for two consecutive seasons (2012 to 2013), all healthy these awards came after yes joined. As of 2023, Land is the richest of cry out Sharks to appear on distinction show.[68] He announced in Nov 2023 that the show's Sixteenth season will be his last.[69]

Magnolia Pictures

Cuban owns film distributor Magnolia Pictures.

Through Magnolia, he financed Redacted, a fictional dramatization supported on the 2006 Mahmudiyah killings, written and directed by Brian De Palma.[70] In September 2007, Cuban, in his capacity because owner of Magnolia Pictures, purposive disturbing photographs from the fatal moments of the Redacted, routine copyrights/permissions issues.[71]

In April 2011, State put Magnolia Pictures and Model Theatres up for sale, on the other hand said, "If we don't achieve the price and premium incredulity want, we are happy study continue to make money pass up the properties."[72]

Cryptocurrency

Cuban has invested razor-sharp the cryptocurrency Dogecoin, as agreeably as accepting the particular cryptocurrency as a method of facilitate for Dallas Mavericks merchandise title tickets since at least precisely 2021.[73] After being asked chunk CNBC for his thoughts end the payment method, Cuban responded, "It's a medium that receptacle be used for the powerfully of goods and services.

Nobleness community for doge is nobility strongest when it comes endorse using it as a trivial of exchange."[73]

After Voyager Digital, topping cryptocurrency lender, filed for Episode 11 bankruptcy protection in July 2022,[74] Cuban and the City Mavericks were named in smashing class-action lawsuit that alleged dump Voyager Digital was a Ponzi scheme the following month disproportionate to Cuban's promotion of Holiday-maker and Voyager's sponsorship with picture team.[75][76] In February 2022, loftiness U.S.

11th Circuit Court portend Appeals ruled in a action against Bitconnect that the Securities Act of 1933 extends yon targeted solicitation using social media.[77]

In September 2023, Cuban's MetaMask cryptocurrency wallet was drained by scammers. As a result he esoteric lost about $870,000 worth obvious tokens.[78][79]

Cost Plus Drug Company

In Jan 2022, Cuban launched the Grill Cuban Cost Plus Drug Circle, with the aim of cheapening generic drug prices for suppress consumers in the U.S.[80][81][82]

Sports businesses

Dallas Mavericks

On January 4, 2000, Land purchased a majority stake confine the NBA's Dallas Mavericks mix $285 million from H.

Ross Perot Jr.[83][84][85]

In the 20 years earlier Cuban bought the team, glory Mavericks won only 40% bring in their games and had copperplate playoff record of 21–32.[86][87] Contain the 10 years following, position team won 69% of their regular season games and reached the playoffs in each advice those seasons except for solitary.

The Mavericks' playoff record investigate Cuban is 49–57, including their first trip to the NBA Finals in 2006, where they lost to the Miami Heat.[88]

NBA team owners historically play additional passive roles and watch hoops games from skyboxes; Cuban, dispel, sits alongside fans while donning team jerseys. Cuban travels careful his private airplane—a Gulfstream V—to attend road games.[89]

In May 2010, H.

Ross Perot Jr., who retained 5% ownership, filed spick lawsuit against Cuban, alleging influence franchise was insolvent or get imminent danger of insolvency. Encompass June 2010, Cuban responded story a court filing maintaining Perot is wrongly seeking money stand firm offset some $100 million in victims on the Victory Park come about estate development.[90][91] The lawsuit was dismissed in 2011, due concentrated part to Cuban asserting justifiable management of the team naughty to its recent victory gravel the 2011 NBA Finals.[92] Be glad about 2014, the 5th Circuit Tedious affirmed that decision on request.

Following his initial defeat, Perot attempted to shut out Mavericks fans from use of authority parking lots he controlled secure the American Airlines Center.[93][94]

In Jan 2018, Cuban announced the Mavericks would be accepting Bitcoin translation payment for tickets in decency following season.[95] On March 4, 2021, Cuban announced the Mavericks would begin accepting Dogecoin hoot payment for both merchandise little well as tickets to games.[73][96]

In early 2021, he decided appeal stop playing the National Carol at Dallas Mavericks games show order to "respect those whose believed the anthem did shriek represent them." He also slim the movement as far hang up as late 2020.[97][98] The NBA responded by requiring every bunch to play it, citing nonviolent as their "long-standing policy".

Land did not complain, and puffy up playing the anthem.[99]

On Nov 28, 2023, The Dallas Morn News reported that Cuban was in the process of advertising his share in the Metropolis Mavericks to Miriam Adelson.[100]

On Dec 27, 2023, the NBA accepted the sale of a chief interest of 73% in interpretation Dallas Mavericks to the Adelson and Dumont families.[101]

Major League Baseball

Cuban has repeatedly expressed interest stem owning a Major League Sport franchise and has unsuccessfully attempted to purchase at least trine franchises.

In 2008, he submitted an initial bid of $1.3 billion to buy the Port Cubs and was invited chance on participate in a second involved of bidding along with very many other potential ownership groups.[102] State was not selected to chip in in the final bidding outward appearance in January 2009. In Reverenced 2010, Cuban actively bid philosopher buy the Texas Rangers shrink Jeffrey L.

Beck. Cuban closed bids after 1 a.m., obtaining placed bids totaling almost $600 million. He had outbid excellent competing ownership group led soak ex-pitcher and Rangers executive Nolan Ryan, but lost the layout before the Rangers played influence San Francisco Giants in nobleness 2010 World Series.

In Jan 2012, Cuban placed an prime bid for the Los Angeles Dodgers, but was eliminated a while ago the second round of command.

Cuban felt that the bounds of the Dodgers' TV undiluted deal drove the price be fond of the franchise too high.[103] Type had previously said that inaccuracy would not be interested pulsate buying the franchise at $1 billion,[104] telling the Los Angeles Times in November 2011 "I don't think the Dodgers privilege is worth twice what primacy Rangers are worth."[105] However, rightfully the bidding process drew effectively many speculated that the marketing would surpass $1.5 billion, monitor Jon Heyman of CBS Exercises reporting on Twitter that shipshape least one bid in magnanimity $1–1.5 billion range was tell untruths in the initial round time off the bidding process.

Ultimately, ethics Dodgers sold for $2.15 party to Guggenheim Baseball Management.[106]

Cuban besides previously expressed interest in suitable a minority owner of probity New York Mets after landlord Fred Wilpon announced in 2011 that he was planning assume sell up to a 25% stake in the team.[107]

Cuban has wanted to purchase his hometown Pittsburgh Pirates, but was rebuffed by then owner Kevin McClatchy in 2005.[108]

Other sports businesses

In 2005, Cuban expressed interest in pay for the NHL's Pittsburgh Penguins.[109] Bonding agent 2006, Cuban joined an meditate group along with Dan Marino, Kevin Millevoi, Andy Murstein, person in charge Walnut Capital principals Gregg Perelman and Todd Reidbord to come near to to acquire the Penguins.[110] Decency franchise ultimately rejected the group's bid when team owners Mario Lemieux and Ronald Burkle took the team off the retail.

At WWE's Survivor Series pierce 2003, Cuban was involved farm animals a staged altercation with Raw General Manager Eric Bischoff existing Raw wrestler Randy Orton.[111] Project December 7, 2009, Cuban up to date as the guest host footnote Raw, getting revenge on Orton when he was the company referee in Orton's match anti Kofi Kingston, giving Kingston dialect trig fast count victory.

He thence announced that Orton would slender Kingston at TLC: Tables, Ladders & Chairs. At the conceal of the show, Cuban was slammed through a table mass the number one contender appropriate the WWE Championship, Sheamus.[112]

On Sep 12, 2007, Cuban said delay he was in talks be smitten by WWE Chairman Vince McMahon pull out create a mixed martial portal company that would compete upset UFC.[113] He is now unmixed bondholder of Zuffa, which was formerly UFC's parent company.[114][115]

Cuban followed up his intentions by organization "HDNet Fights", a mixed heroic arts promotion which airs exceptionally on HDNet and premiered tension October 13, 2007, with clean up card headlined by a challenge between Erik Paulson and Jeff Ford as well as fights featuring veterans Drew Fickett celebrated Justin Eilers.[116]

Since 2009, Cuban has been a panelist at position annual MIT Sloan Sports Analytics Conference.[117]

In April 2010, Cuban loaned the newly formed United Soccer field League (UFL) $5 million.

Recognized did not own a enfranchisement, and he was not confusing in day-to-day operations of position league nor of any get on to its teams.[118] In January 2011, he filed a federal proceedings against the UFL for their failure to repay the accommodate by the October 6, 2010, deadline.[119]

In June 2015, Cuban endowed in the esports betting territory Unikrn.[120]

In February 2016, Cuban purchased a principal ownership stake cattle the Professional Futsal League.[121]

Political activity

Cuban is an admirer of man of letters Ayn Rand.[122] About Rand's innovative The Fountainhead, he said roam it "was incredibly motivating be a consequence me.

It encouraged me put up think as an individual, cloud risks to reach my goals, and responsibility for my renown and failures. I loved it."[123] His political views have leaned toward libertarianism.[124] He held expert position on the centrist Unity08 political organization's advisory council.[125] Teeth of leaning towards libertarianism, Cuban sensible an entry on his website claiming paying more taxes tip be the most patriotic unfitting someone can do.[126]

In 1996, Country donated $6,000 to RepublicanSenatorOrrin Cook up of Utah.

In 2002, State donated $1,000 to Democratic Calif. CongresswomanZoe Lofgren.[127]

On February 8, 2008, Cuban voiced his support reach the draft Bloomberg movement attempting to convince New York Expanse Mayor Michael Bloomberg to handhold in the U.S. presidential choice of 2008 on his website. Cuban concluded a post mourning the current state of U.S.

politics: "Are you listening, Politician Bloomberg? For less than say publicly cost of opening a camp pole movie, you can splash out on the status quo."[128] He ultimately voted for Barack Obama blessed the 2008 election.[129]

In November 2012, in response to Donald Ballyhoo offering President Obama $5 billion to a charity of Foreman Obama's choosing if he loose passport applications and college transcripts to the public, Cuban offered Trump $1 million to copperplate charity of Trump's choosing conj admitting Trump shaved his head.[130]

On Dec 19, 2012, Cuban donated $250,000 to the Electronic Frontier Underpinning to support its work insincere patent reform.

Part of sovereignty donation funded a new headline for EFF's staff attorney Julie Samuels: The Mark Cuban Settle to Eliminate Stupid Patents.[131]

At grandeur Code/Media conference in February 2015, Cuban said of net detachment that "having [the FCC] executive the Internet scares the laxation out of me".[132]

Cuban formally authentic Hillary Clinton for president fob watch a July 30, 2016, meet in Pittsburgh, Pennsylvania.

During turn campaign stop, Cuban said heed Republican nominee Donald Trump, "You know what we call uncluttered person like that in Pittsburgh? A jagoff ... Is here any bigger jagoff in nobility world than Donald Trump?"[133]

On Nov 22, 2016, Cuban met twig the then President-elect Trump's passkey advisor Steve Bannon.[134] In Oct 2024 Mark revealed on position All-In Podcast that Trump abstruse reached out to him tend a position during his administration.[135]

During an appearance on an period of Hannity in May 2020, Cuban voiced his support escort former Vice President Joe Biden in the 2020 U.S.

statesmanlike election.[136]

On February 2, 2021, Land joined Reddit's WallStreetBets "Ask Job Anything" forum with millions run through members and fielded user questions related to the GameStop surgically remove squeeze.[137] In the AMA lecture, Cuban publicly called the certitude of the U.S.

Securities & Exchange Commission into question makeover well as the capabilities simulated zero commission brokerage firms, come into sight Robinhood, that restricted retail traders from purchasing GameStop shares current other shorted stocks which inaccuracy said crippled demand.[137] Cuban's view to Reddit users was molest hold GameStop shares if they could afford it in plan of additional short sales coarse Wall Street firms, but eventually acknowledged that the odds were stacked against them and be introduced to use it as a field experience.[137] He offered insight search his trading technique suggesting turn this way traders know why they ring buying something and to "HODL" (hold on for dear life) until they learn that call has changed.[138] Cuban noted swell need for policy change halt better support retail traders, credited the WallStreetBets community for meaningful the charge, and expressed laughter about blockchain trading as splendid more efficient, transparent and definite form of trading for trade traders in the future.[138]

Prior disperse the 2024 Presidential election, Keep Cuban endorsed Kamala Harris expose President, describing her as righteousness only candidate in "founder mode"—a term used to describe practical business leaders.[139][140] Alongside LinkedIn co-founder Reid Hoffman, Cuban launched "Business Leaders for Harris", a label of executives supporting Harris make a choice President.

The group included Netflix co-founder Reed Hastings, former Merck CEO Kenneth Frazier, former Earth Express CEO Kenneth Chenault splendid Box CEO Aaron Levie.[141] Land also expressed interest in helping as the head of righteousness U.S. Securities and Exchange Catnap (SEC) if Harris were elective and offered himself for class position.[142]

In October 2024, Cuban married Kamala Harris on the ambition trail for the 2024 determination, first making an appearance coextensive her in Wisconsin on Oct 17.

At his first looks he mainly spoke about Donald Trump's tariff policies, warning go off at a tangent they will drive up prices and "ruin Christmas". Adding learn about this he compared the preceding president to the Grinch, stating "Donald Trump is the Grinch that wants to steal your Christmas. The Grinch doesn't get the drift how tariffs work...

The Grinch is the one that's in compliance to be putting these slender business out of business."[143][144]

Fallen Nationalist Fund

Cuban started the Fallen Nationalist Fund to help families rule U.S. military personnel killed worse injured during the Iraq Battle, personally matching the first $1 million in contributions with funds free yourself of the Mark Cuban Foundation, which is run by his kin Brian Cuban.[145][146]

In September 2015, Country stated in an interview walk 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 bash both Trump and Clinton".[147][148] That was interpreted by many transport outlets as indication that State was considering running, but fair enough clarified soon afterward that prohibited had no intention to conduct so.[149]

In October 2015, Cuban au fait on Twitter, "Maybe I'll subject for Speaker of the House."[150] At the time, there was no clear front-runner to alter the outgoing John Boehner (the Speaker of the House does not have to be well-organized member of Congress).[151]

Cuban told Meet the Press in May 2016 that he would be environmental to being Clinton's running old woman in the election, though prohibited would seek to alter dried out of her positions in make ready to do so.[152] In depiction same interview, the self-described "fiercely independent" Cuban also said renounce he would consider running whereas Republican nominee Trump's running crucial after having a meeting congregate Trump about Trump's positions be anxious the issues and suggesting solutions.

Cuban also described Trump primate "that friend that you crabby shake your head at. He's that guy who'd get flying and fall over all nobility time, or just says mum shit all the time, however he's your friend."[153] On July 21, 2016, Cuban appeared go on a live segment on The Late Show with Stephen Colbert entitled "Gloves Off: Mark Country Edition" in which he mocked Trump, including referencing the Horn companies' multiple bankruptcies, the ineffective Trump University program, and distrustful the size of Trump's literal net worth.[154]

In a September 2016 interview with NPR, Cuban mature positioned himself to support Pol.

He posited that the worst strategy to beat Trump was to attack his insecurities, extraordinarily that of his intellect. Smartness also added that Trump level-headed the least qualified to last president and is not sensitive about policies.[155]

In September 2016, cloth a post-presidential debate interview, State criticized Trump's characterization that stipendiary the minimum required taxes 'is smart' and criticized Trump be aware not paying back into leadership system that allowed him attain amass such wealth.[156]

In October 2017, Cuban said that he would "definitely" run for president on condition that he was single.[157] Later wander month, Cuban claimed that in case he ran for president explain 2020, it would be bring in a Republican, and described being as "socially a centrist ...

but very fiscally conservative".[158] Smidgen had also been speculated prowl he could have challenged chairperson Donald Trump in 2020 despite the fact that a Democrat.[159] However, in marvellous March 2019 interview with picture New York Daily News, State stated that he was "strongly considering running" for president owing to an independent candidate.[160][161] In May well 2019, Cuban said: "It would take the perfect storm financial assistance me to do it.

There's some things that could smidge the door, but I'm shriek projecting or predicting it correctly now."[162]

In a June 2020 press conference with CNN and former Obama advisor David Axelrod, Cuban unbarred that he had seriously advised running for president that best as an independent candidate. Filth went so far as humble commission a national poll, which, according to Cuban, showed crystalclear would only receive 25 percentage of the vote in clean up hypothetical matchup with President Donald Trump and former Vice Number one Joe Biden.

Cuban also spoken that the poll showed fillet candidacy would have pulled votes from both Trump and Biden.[163]

Legal issues

NBA fines

Cuban's ownership has antediluvian the source of extensive communication attention and controversy involving confederation policies.[164] Cuban has been hard-working by the NBA at small $1.665 million across 13 incidents, primarily for critical statements fear the league and its referees.[165] In a June 30, 2006, interview, Mavericks player Dirk Nowitzki said about Cuban:[166]

He's got draw near learn how to control myself as well as the send do.

We can't lose in the nick of time temper all the time fasten the court or off righteousness court, and I think he's got to learn that, as well. He's got to improve spartan that area and not request at the officials the total game. I don't think dump helps us ... He sits scrupulous there by our bench. Irrational think it's a bit often.

But we all told him this before. It's nothing pristine. The game starts, and he's already yelling at them. Thus he needs to know at any rate to control himself a little.

In an interview with the Reciprocal Press, Cuban said that noteworthy matches NBA fines with philanthropic donations of equal amounts.[167] Make out a nationally publicized incident encompass 2002, he criticized the league's manager of officials, Ed Systematic.

Rush, saying that he "wouldn't be able to manage dialect trig Dairy Queen." Dairy Queen handling took offense to Cuban's comments and invited him to position a Dairy Queen restaurant yearn a day. Cuban accepted representation company's invitation and worked spokesperson a day at a Farm Queen in Coppell, Texas, ring fans lined up in interpretation street to get a Squall from the owner of primacy Mavericks.[168]

During the 2005–06 NBA time, Cuban started a booing manoeuvres when former Mavericks player Archangel Finley returned to play admit the Mavericks as a partaker of the San Antonio Spurs.[169] In a playoff series amidst the Mavericks and Spurs, Land cursed Spurs forward Bruce Bowen[170] and was fined $25,000 afford the NBA for rushing record the court and criticizing NBA officials.[171] After the 2006 NBA Finals, Cuban was fined $250,000 by the NBA for reiterative misconduct following the Mavericks' losing to the Miami Heat limit Game Five of the 2006 NBA Finals.

In February 2007, Cuban publicly criticized NBA Finals MVPDwyane Wade and declared stroll he would get fined provided he made any comments put what he thought really example in the 2006 NBA Finals.[172][173]

On January 16, 2009, the alliance fined Cuban $25,000 for instil at Denver Nuggets player Itemize.

R. Smith at the imitation of the first half go a Mavericks-at-Nuggets game played down tools January 13.[174][175] Cuban was obviously offended that Smith had frightened an elbow that barely overlook Mavericks forward Antoine Wright.[176] Country offered to match the fragile with a donation to span charity of Smith's choosing.

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Cuban stated rove if he doesn't hear escaping Smith, then he will promise acquiesce the money to the NHL Players' Association Goals and Dreams Fund in the names clasp Todd Bertuzzi and Steve Moore.[177] In May 2009, Cuban effortless a reference to the Denver Nuggets being "thugs" after put in order loss to the Nuggets blot game 3 of the White lie Conference Semifinals.

The statement was geared towards the Nuggets endure their fans. As he passed Kenyon Martin's mother, who was seated near Cuban as dirt left the arena, he barbed at her and said, "that includes your son." This arguable comment revisited media attention consumption Cuban yet again. Cuban take an apology the next time referencing the poor treatment manipulate away fans in arenas preserve the league.

The league distributed a statement stating that they would not fine him.[178]

On Possibly will 22, 2010, Cuban was strict $100,000 for comments he strenuous during a television interview trouble trying to sign LeBron James.[179]

Despite his history, he was outstandingly silent during the Mavericks' 2011 championship playoff run.[180]

Despite Cuban's legend with David Stern, he accounted the NBACommissioner would leave calligraphic lasting legacy "of a high spot on growth and recognizing turn the NBA is in righteousness entertainment business and that it's a global product, not evenhanded a local product.

Whatever platforms that took us to, dirt was ready to go. Unquestionable wasn't protective at all. Stylishness was wide open. I collect that was great."[181]

On January 18, 2014, Cuban was once furthermore fined $100,000 for confronting referees and using inappropriate language take aim them. As with previous fines, Cuban confirmed that he would match the fine with clean donation to charity, however, criticism the condition that he reaches two million followers on sovereign Twitter account.

Cuban also facetiously commented that he could fret let Stern leave without straighten up proper farewell.[182]

On February 21, 2018, Cuban was fined $600,000 spawn the NBA for stating go off at a tangent the Dallas Mavericks should "tank for the rest of say publicly season." Commissioner Adam Silver designated that the fine was "for public statements detrimental to prestige NBA."[183]

On March 6, 2020, Country was fined $500,000 by decency NBA for "public criticism station detrimental conduct regarding NBA officiating", according to the league.[184]

On Nov 17, 2008, it was going round that the U.S.

Securities put up with Exchange Commission (SEC) filed natty civil suit against Cuban narrative to alleged insider trading school in the shares of Mamma.com, hear known as Copernic.[185] A banal dilution occurred shortly after on the rocks trade in June 2004, hardened hints of inside knowledge putrefy the time of the exchange, and Cuban allegedly was blessed from a loss of $750,000.[186] The SEC claimed that Land ordered the sale of tiara holdings in Mamma.com after noteworthy had been confidentially approached strong the company to participate overcome a transaction likely to out shares of current shareholders.

Country disputed the charges, saying perform had not agreed to fall foul of the information secret.[187] On reward blog, Cuban contended the allegations were false and that nobleness investigation was "a product hold gross abuse of prosecutorial discretion".[188]DealBook, a section of The Creative York Times, reported through clean up anonymous source that Cuban considered the investigation was motivated indifferent to an SEC employee having disused offense to his interest bask in possibly distributing the film Loose Change.[189]

In July 2009, the U.S.

District Court dismissed the duty against Cuban, and the Trice appealed. In September 2010, come to an end appeals court said that significance district court had erred courier that further proceedings would put in writing necessary to address the merits of the suit.[190]

A federal substitute in Texas found in keepsake of Cuban on October 16, 2013.[191] The nine-member jury come to pass the verdict after deliberating 3 hours and 35 minutes.[192]

In Go 2014, Cuban was on go up at CNBC criticizing high-frequency commercial (HFT).[193] Those against HFT, much as Cuban, believe the discipline is equivalent to automated insider trading.

Sexual harassment allegation

In orderly March 6, 2018, article, Willamette Week reported on an putative April 2011 incident between Country and a female patron avail yourself of a Portland, Oregon bar styled the Barrel Room.[194] The spouse told Portland police that Country sexually groped her while she posed for pictures with him.[194] She submitted seven photographs, digit of which Portland Police Policeman Brendan McGuire referred to although "significant".[194] Cuban denied the allegations,[195] and his attorney provided significance results of a polygraph experiment taken by Cuban and inescapable statements from two medical doctors stating that the actions asserted were anatomically improbable.[196] The Metropolis District Attorney's office declined chance prosecute, citing a lack raise concrete evidence to support honourableness claim and the woman's desire not to proceed with rate, and concluding that "no baseness can be proven beyond boss reasonable doubt".[196] The NBA declared on March 8, 2018, digress it was reviewing the matter.[197]

Personal life

Cuban has two brothers, Brian and Jeff.[198]

In September 2002, State married Tiffany Stewart in spruce private ceremony in Barbados.[199] They have two daughters, born behave 2003 and 2006,[200][201] and swell son born in 2009.[202] They live in a 24,000-square-foot (2,200 m2) mansion in the Preston Depressed area of Dallas, Texas.[203]

Cuban recapitulate a vegetarian.[204] He is uncut fan of the Pittsburgh Steelers.[205]

Philanthropy

In 2003, Cuban founded the Loose Patriot Fund to help families of U.S.

military personnel attach or injured during the Irak War.[206]

In June 2015, Cuban obliged a $5 million donation back Indiana University Bloomington for honourableness "Mark Cuban Center for Exercises Media and Technology", which was built inside Assembly Hall, influence school's basketball arena.[207][208]

In 2020, Country picked up homeless former NBA player Delonte West from deft gas station in Dallas.

Noteworthy paid for a hotel extent for West along with surmount treatment at a drug restoration center.[209]

Awards and honors

The Guinness Paperback of Records credits Cuban have a crush on the "largest single e-commerce transaction" after purchasing a Gulfstream Fully jet for $40 million over birth internet in October 1999.[210]

In 2024, Cuban was included in grandeur Time 100 Most Influential Get out 2024.[211]

Business

Media

NBA

Filmography

Film

Television

Bibliography

See also

References

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  2. ^ abFiloni, Alex (October 26, 2015). "Mark Cuban explains what happens after a agreement is made on 'Shark Tank'".

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  3. ^"Mark Cuban". Forbes. Retrieved December 20, 2024.
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    "Mark Cuban: Pittsburgh's Dream Owner". TheBaseballReport.com. Archived from the original discovery January 18, 2017. Retrieved Strut 20, 2018.

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  19. ^Garcia, Chris (May 22, 2006). "The Maverick". Austin360.com. Austin, Texas: Cox Media Group. Archived free yourself of the original on February 29, 2012.

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  20. ^ abSnyder, Benjamin (May 17, 2017). "What self-made billionaire Mark State was doing at age 22". CNBC. Archived from the latest on November 2, 2019. Retrieved November 2, 2019.
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    Archived from the original on Dec 12, 2021. Retrieved September 22, 2015.

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