What Is the Net Worth of Mark Cuban?
Long before Mark Cuban made it to primetime TV, he was already minting serious money. That’s right; Mark Cuban is undoubtedly one of the richest self-made billionaires in the world right now. But the bigger question is: what is the net worth of Mark Cuban? Keep on reading to get the lowdown.
First Things First: Who is Mark Cuban?
Born in 1958 to middle-class family in Pittsburgh, Pennsylvania, Mark Cuban is an avid investor, business mogul and TV celebrity, all rolled into one. During the internet boom of the early 1990s, Mark made an array of shrewd business deals. Perhaps he is known for selling his streaming platform Broadcast.com to Yahoo! for a whopping $5.7 billion in stocks. It’s still considered one of the most lucrative internet deals of all time.
The chances are good that you know Mark Cuban from the blockbuster ABC show Shark Tank. He’s been the key investor on the show since 2011, alongside Kevin O’Leary (Softkey founder), Barbara Corcoran (real estate titan), Daymond John (FUBU founder) and Kevin Harrington (As Seen on TV). Mark is also the sole owner of Dallas Mavericks, the NBA championship franchise he purchased in 2000 for $285 million.
Mark graduated with BAS from the Bloomington Kelley School of Business at the Indiana University. He’s been married to Tiffany Stewart since 2002, whom they have 3 children and live together in a humongous 24, 0000-sq ft mansion in Dallas, Texas.
Mark Cuban Net Worth
As of this date, Forbes puts Mark Cuban’s net worth at a staggering $4.1 billion, which is a little dip from 2018’s figure of $4.9 billion. He currently sits on the 190th position on Forbes World’s Billionaires List 2019.
How Mark Cuban Earns His Worth
Mark is touted as among the biggest beneficiaries of the internet boom of the 1990s, most notably the sale of Broastcast.com to Yahoo! That’s exactly how he got a vast majority of his money. His other notable fortune sources include:
- Stake in AXS TV, Magnolia Pictures, and Landmark Theaters
- Full ownership of NBA’s Dallas Mavericks
- Sold MicroSolutions in 1990 to CompuServe for $6 million
- Shark Tanks investments
How does he Spend His Money?
As one of the wealthiest Americans, Mark knows how to spend his greens. He bought a Gulfstream V jet for $40 million, gaining the prestigious Guinness World Record for the largest e-commerce transaction. He just recently snapped up a beach house for $19 million, adding to his property portfolio which includes his 24,000-square foot Dallas mansion. One time Mark picked up a bar tab of $110,000!
