Mark Cuban Net Worth: How He Earns and Spends His Fortune

Mark Cuban Net Worth: How He Earns and Spends His Fortune

Mark Cuban is among the richest people in the US, with an estimated net worth of $5.7 billion.
He’s earned his fortune through business deals including the $5.7 billion sale of Broadcast.com.
The “Shark Tank” investor has spent millions on private planes, a yacht, and a lavish Dallas home.

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Mark Cuban, 66, is one of the wealthiest people in America, with an estimated net worth of $5.7 billion, according to Forbes.

Getting there wasn’t easy. Cuban’s journey to becoming a billionaire included living in a “dumpy” apartment, where he stayed up late eating chicken wings and teaching himself to code. His unglamorous life as an aspiring entrepreneur included taking no vacation time for seven years and stealing towels from the Holiday Inn.

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The late nights ended up paying off: The businessman and investor earned his fortune with a series of shrewd business deals starting in the 1990s, most notably the sale of his streaming site Broadcast.com for $5.7 billion in stocks. He continues to make major moves in the industry, such as selling a majority stake in his two cable networks, AXS TV and HDNet Movies, and owning nearly $1 billion in Amazon stock.

Read on to see how Cuban earns — and spends — his fortune.

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Publish date : 2024-09-26 07:39:00

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