Quantcast
Channel: Business Insider
Viewing all articles
Browse latest Browse all 130200

The Fabulous Life Of Billionaire Mavs Owner Mark Cuban

$
0
0

mark cuban mavericks title

Mark Cuban lives a life most people envy. 

After selling his dot com company in the late nineties for $5.9 billion, Cuban has been able to live large. And live large, he has.

One of his biggest purchases was a majority stake of the Dallas Mavericks, and ever since, he's become a huge voice in the sports world.

What does it feel like to be a billionaire? Cuban told James Altucher on a podcast:

"The billion was, 'I can't f---ing believe it.' Literally, I was sitting in front of a computer, naked, hitting the refresh because we were close — waiting until my net worth hit that billion when the stock price got to a certain point, and then I kinda screamed and jumped around and then got dressed."

Even in college, Cuban was a businessman.

He and his friends had a bar called Motely's Pub but it was shut down because they had a wet t-shirt contest with an underage girl in it.



After graduating from the University of Indiana, he took a job as a bartender in Dallas.

He also had a job as a salesperson at a PC retailer in Dallas, but he was fired in less than a year when instead of opening the store, he met with a client about new business.



So this is when Cuban decided to take matters in his own hands.

Cuban's first business was called MicroSolutions. But a few years later, in 1990, Cuban sold this company to CompuServ for $6 million. Cuban cleared $2 million after taxes, and by the time he had sold the company, he had already saved up about $1 million.



See the rest of the story at Business Insider







Viewing all articles
Browse latest Browse all 130200

Trending Articles