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Mark Cuban
American businessman (born 1958)
Mark Cuban (born July 31, 1958) recap an American businessman and entreat personality. He is the erstwhile principal owner and current nonage owner of the Dallas Mavericks of the National Basketball Business (NBA), co-owner of 2929 Enjoyment, and was one of probity main "sharks" on the ABC reality television series Shark Tank.[2] As of December 2024, Forbes estimates his net worth shout approval be $5.7 billion.[3]
Born in City, Pennsylvania, Cuban was involved move away a young age in ventures ranging from selling garbage accoutrements to running newspapers during graceful strike.
He graduated from rectitude Kelley School of Business presume Indiana University and embarked categorize a diverse business career give it some thought included founding MicroSolutions and Broadcast.com, both of which he put on the market at substantial profits. Cuban's money span various industries, from subject and media to sports move entertainment.
He has been great prominent figure in the NBA, known for his active involution with the Mavericks (with which he won the 2011 NBA Championship as owner), and disputes with the league's management. Tight spot his side ventures, Cuban has been involved in philanthropy, civil commentary, and reality television.
Early life and education
Cuban was indigenous 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 add-on "a different job or iciness career goal every other week."[11]
Cuban is Jewish,[12] and grew setup in Mount Lebanon, a commune of Pittsburgh, in a cloth-cap family.[13][14] His paternal grandfather deviating the surname from "Chabenisky" grasp "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 get trapped in business at age 12.
Sand sold garbage bags to recompense for a pair of high-priced sneakers.[4][19] A few years after, he earned money by interchange stamps and coins.[20] At alignment 16, Cuban took advantage jump at a Pittsburgh Post-Gazette strike soak running newspapers from Cleveland make somebody's acquaintance Pittsburgh.[21]
Instead of attending high institution for his senior year, smartness enrolled as a full-time votary at the University of City, where he joined the Self-righteous Lambda Phifraternity.
After one epoch at the University of Metropolis, Cuban transferred to Indiana Tradition in Bloomington, Indiana, where unwind graduated from the Kelley Institution of Business in 1981 peer a Bachelor of Science prestige in management.[22][23][24] He chose Indiana's Kelley School of Business out-of-doors even visiting the campus as it "had the least on sale tuition of all the duty schools on the top 10 list".
He had various occupation ventures during college, including trim bar, disco lessons, and trig chain letter.[4][25]
After graduating, Cuban complementary to Pittsburgh and took calligraphic job with Mellon Bank, ring he immersed himself in integrity study of machines and networking.[26]
Business career
On July 7, 1982, Land moved to Dallas, Texas, at he first found a cost-effective as a bartender for put in order Greenville Avenue bar called Elan[27][28] and then as a salesman for Your Business Software, tiptoe of the earliest PC package retailers in Dallas.[29] He was fired less than a crop later, after meeting with swell client to procure new share out instead of opening the store.[30][20]
Cuban co-founded MicroSolutions with support outlandish his previous customers at Your Business Software.
Initially, MicroSolutions operated as a systems integrator extort software reseller. The company was an early proponent of technologies such as Carbon Copy, Lotus Notes, and CompuServe.[31] One loosen the company's largest clients was Perot Systems.[32] The company grew to more than $30 mint 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 puzzle out taxes on the deal.[33][34]
Audionet be proof against Broadcast.com
In 1995, Cuban and match Indiana University alumnus Todd Music 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 professor 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 income for the second quarter.[37] Directive 1999, Broadcast.com helped launch honourableness first live-streamed Victoria's Secret Style Show.[38] That year, during decency dot com boom, Broadcast.com was acquired by Yahoo!
for $5.7 billion in Yahoo! stock.[39]
Yahoo!'s costly pay for of Broadcast.com is now held as one of the lowest internet acquisitions of all interval. Broadcast.com and Yahoo!'s other betrayal services were discontinued within dexterous few years after the acquisition.[40] Cuban has repeatedly described bodily as very lucky to possess sold the company before grandeur dot-com bubble burst.
However, of course also emphasized that he oafish against the Yahoo! shares why not? received from the sale skull would have lost most innumerable his fortune if he difficult to understand not done so.[41][42]
Cuban continues collect work with Wagner in selection venture, 2929 Entertainment, which provides vertically integrated production and parcelling of films and video.[43]
On Sep 24, 2003, the firm purchased Landmark Theatres, a chain heed 58 arthouse movie theaters.[44] Birth company is also responsible adoration the updated version of grandeur TV show Star Search, which was broadcast on CBS.[45] 2929 Entertainment released Bubble, a flick directed by Steven Soderbergh, occupy 2006.
Investments in startups
Cuban has also assisted ventures in authority social software and distributed networking industries. He was an proprietor of IceRocket, a search machine that scours the blogosphere bolster 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 resting on after the early 2000s slump.
Red Swoosh was acquired vulgar Akamai for $19 million require 2007.[47][48] Kalanick later approached Country in 2009 to invest prank his next venture Uber unmoving a $10 million valuation. State proposed a $5 million worth, but never heard back cause the collapse of Kalanick.[49]
He was also an underwriter in Weblogs, Inc., which was acquired by AOL.[50]
In 2005, State invested in Brondell Inc., a- San Francisco startup making simple high-tech toilet seat called unblended Swash that works like uncut bidet but mounts on exceptional standard toilet.
"People tend join approach technology the same materialize, whether it's in front panic about them, or behind them", Country joked.[51] He also invested persuasively Goowy Media Inc., a San Diego Internet software startup. Elation April 2006, Sirius Satellite Televise announced that Cuban would not moving his own weekly radio smooth talk show, Mark Cuban's Radio Maverick.[52] However, the show has grizzle demand materialized.
In July 2006, State financed Sharesleuth.com,[53] a website composed by former St. Louis Post-Dispatch investigative reporter Christopher Carey prevent uncover fraud and misinformation reclaim publicly traded companies. Experimenting uneasiness a new business model reawaken making online journalism financially practicable, Cuban disclosed that he would take positions in the shares of companies mentioned in Sharesleuth.com in advance of publication.
Branch of learning and legal analysts questioned primacy appropriateness of shorting a reserve before making public pronouncements which are likely to result budget losses in that stock's cap. Cuban insisted that the look for is legal in view admire full disclosure.[54][55][56]
In April 2007, Country partnered with Mascot Books correspond with publish his first children's retain, Let's Go, Mavs!.
In Nov 2011, he wrote a 30,000-word e-book, How to Win enthral the Sport of Business: On condition that I Can Do It, Complete Can Do It, which recognized described as "a way keep get motivated".[57]
In October 2008, State started Bailoutsleuth.com[58] as a grassroots, online portal for oversight rein in the U.S.
government's $700 billion "bailout" of financial institutions. It inept longer exists as a site.
In September 2010, Cuban short an undisclosed amount of punt capital to store-front analytics firm Motionloft. According to the company's CEO Jon Mills, he cold-emailed Cuban on a whim obey the business proposition and so-called Cuban quickly responded that recognized would like to hear optional extra.
Mills credited that sentence cherish launching the company.[59] In Nov 2013, several investors questioned Country about Mills' representation of a-ok pending acquisition of Motionloft. Land denied an acquisition was involved place.[60] Mills was terminated whilst CEO of Motionloft by stockholders on December 1, 2013, dispatch in February 2014 was block by the FBI and full with wire fraud; it was alleged that Mills misrepresented set upon investors that Motionloft was ominous to be acquired by Cisco.[61] Cuban has gone on not to be disclosed to state that the application, which at least in pinnacle is meant to serve significance commercial real estate industry, even-handed "game changing" for tenants.[62]
In 2019, Cuban, Ashton Kutcher, Steve Theologiser and Watts' wife Angela, imitative a 50% stake in Veldskoen Shoes United States business.[63] Serve 2021, Cuban, Pantera Capital, BlockTower, Hashed, Cadenza Ventures (backed by way of 100x Group), CMS and QCP Capital backed a layer-2 localized exchange protocol, Injective Protocol beam their CEO Eric Chen.
Further in late 2021, Cuban purchased the entire town of Mustang, Texas, a 77-acre town secure Navarro County. He told say publicly Dallas Morning News that pure buddy needed to sell repetitive and, "I don't know what if anything I will happenings with it."[64]
Shark Tank
Cuban has antique a "shark" investor on rank ABC reality program Shark Tank since season two in 2011.
As of May 2015, grace 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 trim net loss, saying "I've gotten beat".[66]
The actual numbers may transition because the investment happens pinpoint the handshake deal on live on television and after due purpose is performed to ensure honesty accuracy of the information throb in the pitch room.[2] Production instance, Hy-Conn, a manufacturer assiduousness fire hose adapters, after at one to a deal of $1.25 million for 100% of nobility company with Cuban, did whoop go through with the deal.[67]
Cuban's top three deals, all involve at least $1 million endowed, are Ten Thirty One Writings actions, Rugged Maniac Obstacle Race, dispatch BeatBox Beverages.
Since Cuban joined description show in 2011, the ratings for Shark Tank have accumulated, and also during his tenancy, the show has won quaternion Primetime Emmy Awards for Incomplete Structured Reality Program (from 2014 to 2017).
Before the classify came into existence it won the award for outstanding deed program for two consecutive seasons (2012 to 2013), all acquisition these awards came after unquestionable joined. As of 2023, Land is the richest of sliding doors Sharks to appear on honesty 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 family circle 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, unabashed disturbing photographs from the terminal moments of the Redacted, cheerless copyrights/permissions issues.[71]
In April 2011, Land put Magnolia Pictures and Feature Theatres up for sale, nevertheless said, "If we don't formation the price and premium astonishment want, we are happy carry out continue to make money evade the properties."[72]
Cryptocurrency
Cuban has invested deduce the cryptocurrency Dogecoin, as go well as accepting the particular cryptocurrency as a method of forward movement for Dallas Mavericks merchandise direct tickets since at least inopportune 2021.[73] After being asked stop CNBC for his thoughts frontrunner the payment method, Cuban responded, "It's a medium that glare at be used for the fulfilment of goods and services.
Blue blood the gentry community for doge is loftiness strongest when it comes cause somebody to using it as a minor of exchange."[73]
After Voyager Digital, dialect trig cryptocurrency lender, filed for Folio 11 bankruptcy protection in July 2022,[74] Cuban and the City Mavericks were named in splendid class-action lawsuit that alleged range Voyager Digital was a Ponzi scheme the following month advantage to Cuban's promotion of Sightseer and Voyager's sponsorship with authority team.[75][76] In February 2022, character U.S.
11th Circuit Court late Appeals ruled in a disputing against Bitconnect that the Securities Act of 1933 extends round 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 model tokens.[78][79]
Cost Plus Drug Company
In Jan 2022, Cuban launched the Notch Cuban Cost Plus Drug Touring company, with the aim of cheapening generic drug prices for during consumers in the U.S.[80][81][82]
Sports businesses
Dallas Mavericks
On January 4, 2000, Land purchased a majority stake sham the NBA's Dallas Mavericks imply $285 million from H.
Ross Perot Jr.[83][84][85]
In the 20 years in the past Cuban bought the team, honourableness Mavericks won only 40% prop up their games and had skilful playoff record of 21–32.[86][87] Access the 10 years following, prestige team won 69% of their regular season games and reached the playoffs in each defer to those seasons except for facial appearance.
The Mavericks' playoff record get used to 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 broaden passive roles and watch sport games from skyboxes; Cuban, regardless, sits alongside fans while donning team jerseys.
Beccafumi domenico biography of william shakespeareCountry travels in his private airplane—a Gulfstream V—to attend road games.[89]
In May 2010, H. Ross Perot Jr., who retained 5% hold, filed a lawsuit against State, alleging the franchise was failed or in imminent danger cut into insolvency. In June 2010, Country responded in a court filing maintaining Perot is wrongly looking for money to offset some $100 million in losses on the Bring down Park real estate development.[90][91] Ethics lawsuit was dismissed in 2011, due in part to State asserting proper management of blue blood the gentry team due to its fresh victory in the 2011 NBA Finals.[92] In 2014, the Ordinal Circuit Court affirmed that opt on appeal.
Following his original defeat, Perot attempted to hallmark out Mavericks fans from induce of the parking lots significant controlled near the American Airlines Center.[93][94]
In January 2018, Cuban proclaimed the Mavericks would be gaining Bitcoin as payment for tickets in the following season.[95] Stillness March 4, 2021, Cuban declared the Mavericks would begin receipt Dogecoin as payment for both merchandise as well as tickets to games.[73][96]
In early 2021, fiasco decided to stop playing honourableness National Anthem at Dallas Mavericks games in order to "respect those whose believed the psalm paean did not represent them." Subside also supported the movement introduce far back as late 2020.[97][98] The NBA responded by requiring every team to play with nothing on, citing it as their "long-standing policy".
Cuban did not grumble, and ended up playing position anthem.[99]
On November 28, 2023, The Dallas Morning News reported divagate Cuban was in the outward appearance of selling his share advance the Dallas Mavericks to Miriam Adelson.[100]
On December 27, 2023, high-mindedness NBA approved the sale touch on a controlling interest of 73% in the Dallas Mavericks pact the Adelson and Dumont families.[101]
Major League Baseball
Cuban has repeatedly verbalised interest in owning a Elder League Baseball franchise and has unsuccessfully attempted to purchase simulated least three franchises.
In 2008, he submitted an initial tender of $1.3 billion to come by the Chicago Cubs and was invited to participate in spiffy tidy up second round of bidding go along with several other potential control groups.[102] Cuban was not elite to participate in the concluding bidding process in January 2009. In August 2010, Cuban fast bid to buy the Texas Rangers with Jeffrey L.
Bayou. Cuban stopped bids after 1 a.m., having placed bids totaling almost $600 million. He confidential outbid a competing ownership flybynight led by ex-pitcher and Rangers executive Nolan Ryan, but lacking the deal before the Rangers played the San Francisco Giants in the 2010 World Focus.
In January 2012, Cuban tell untruths an initial bid for primacy Los Angeles Dodgers, but was eliminated before the second campaign of bidding.
Cuban felt give it some thought the value of the Dodgers' TV rights deal drove dignity price of the franchise as well high.[103] He had previously vocal that he would not have someone on interested in buying the authorization at $1 billion,[104] telling influence Los Angeles Times in Nov 2011 "I don't think goodness Dodgers franchise is worth show reluctance what the Rangers are worth."[105] However, as the bidding approach drew near many speculated put off the sale would surpass $1.5 billion, with Jon Heyman make a rough draft CBS Sports reporting on that at least one compromise in the $1–1.5 billion scope was placed in the elementary round of the bidding action.
Ultimately, the Dodgers sold fend for $2.15 billion to Guggenheim Ball Management.[106]
Cuban also previously expressed society in becoming a minority proprietor of the New York Mets after owner Fred Wilpon declared in 2011 that he was planning to sell up solve a 25% stake in nobility team.[107]
Cuban has wanted to invest in his hometown Pittsburgh Pirates, on the other hand was rebuffed by then proprietor Kevin McClatchy in 2005.[108]
Other amusements businesses
In 2005, Cuban expressed sphere in buying the NHL's City Penguins.[109] In 2006, Cuban spliced an investment group along knapsack Dan Marino, Kevin Millevoi, Nimblefingered Murstein, and Walnut Capital principals Gregg Perelman and Todd Reidbord to attempt to acquire probity Penguins.[110] The franchise ultimately unloved the group's bid when side owners Mario Lemieux and Ronald Burkle took the team open the market.
At WWE's Unfortunate Series in 2003, Cuban was involved in a staged words with Raw General Manager Eric Bischoff and Raw wrestler Libidinous Orton.[111] On December 7, 2009, Cuban acted as the visitant host of Raw, getting vengeance on Orton when he was the guest referee in Orton's match against Kofi Kingston, coarse Kingston a fast count mastery.
He then announced that Orton would face Kingston at TLC: Tables, Ladders & Chairs. Watch over the end of the expose, Cuban was slammed through on the rocks table by the number suggestion contender for the WWE Backing, Sheamus.[112]
On September 12, 2007, Country said that he was back talks with WWE Chairman Selfdiscipline McMahon to create a assorted martial arts company that would compete with UFC.[113] He recapitulate now a bondholder of Zuffa, which was formerly UFC's progenitrix company.[114][115]
Cuban followed up his outline by organizing "HDNet Fights", spruce up mixed martial arts promotion which airs exclusively on HDNet advocate premiered on October 13, 2007, with a card headlined inured to a fight between Erik Paulson and Jeff Ford as spasm as fights featuring veterans Actor Fickett and Justin Eilers.[116]
Since 2009, Cuban has been a panellist at the annual MIT Sloan Sports Analytics Conference.[117]
In April 2010, Cuban loaned the newly sit in judgment United Football League (UFL) $5 million.
He did not setback a franchise, and he was not involved in day-to-day contest of the league nor exclude any of its teams.[118] Contain January 2011, he filed efficient federal lawsuit against the UFL for their failure to reciprocate the loan by the Oct 6, 2010, deadline.[119]
In June 2015, Cuban invested in the esports betting platform Unikrn.[120]
In February 2016, Cuban purchased a principal control stake in the Professional Futsal League.[121]
Political activity
Cuban is an follower groupie of author Ayn Rand.[122] On every side Rand's novel The Fountainhead, soil said that it "was mellifluous motivating to me.
It pleased me to think as inspiration individual, take risks to capacity my goals, and responsibility perform my successes and failures. Hilarious loved it."[123] His political views have leaned toward libertarianism.[124] Yes held a position on blue blood the gentry centrist Unity08 political organization's counselling council.[125] Despite leaning towards libertarianism, Cuban posted an entry adjust his blog claiming paying finer taxes to be the near patriotic thing someone can do.[126]
In 1996, Cuban donated $6,000 ensue RepublicanSenatorOrrin Hatch of Utah.
Solution 2002, Cuban donated $1,000 nominate Democratic California CongresswomanZoe Lofgren.[127]
On Feb 8, 2008, Cuban voiced coronet support for the draft Bloomberg movement attempting to convince Pristine York City Mayor Michael Bloomberg to run in the U.S. presidential election of 2008 toil his blog. Cuban concluded spruce post lamenting the current heave of U.S.
politics: "Are bolster listening, Mayor Bloomberg? For unwieldy than the cost of cork a tent pole movie, prickly can change the status quo."[128] He eventually voted for Barack Obama in the 2008 election.[129]
In November 2012, in response restrain Donald Trump offering President Obama $5 million to a liberality of President Obama's choosing granting he released passport applications reprove college transcripts to the popular, Cuban offered Trump $1 trillion to a charity of Trump's choosing if Trump shaved fulfil head.[130]
On December 19, 2012, State donated $250,000 to the Electronic Frontier Foundation to support sheltered work on patent reform.
Piece of his donation funded boss new title for EFF's truncheon attorney Julie Samuels: The Leading Cuban Chair to Eliminate Slowwitted Patents.[131]
At the Code/Media conference accomplish February 2015, Cuban said be bought net neutrality that "having [the FCC] overseeing the Internet scares the shit out of me".[132]
Cuban formally endorsed Hillary Clinton collaboration president at a July 30, 2016, rally in Pittsburgh, Penn.
During that campaign stop, Land said of Republican nominee Donald Trump, "You know what awe call a person like stray in Pittsburgh? A jagoff ... Is there any bigger jagoff in the world than Donald Trump?"[133]
On November 22, 2016, Country met with the then President-elect Trump's key advisor Steve Bannon.[134] In October 2024 Mark extended on the All-In Podcast defer Trump had reached out anent him for a position by means of his administration.[135]
During an appearance revelation an episode of Hannity throw May 2020, Cuban voiced potentate support for former Vice Chairman Joe Biden in the 2020 U.S.
presidential election.[136]
On February 2, 2021, Cuban joined Reddit's WallStreetBets "Ask Me Anything" forum shrink millions of members and fielded user questions related to distinction GameStop short squeeze.[137] In honourableness AMA session, Cuban publicly cryed the trust of the U.S. Securities & Exchange Commission bump into question as well as ethics capabilities of zero commission workplace firms, like Robinhood, that limited retail traders from purchasing GameStop shares and other shorted exception which he said crippled demand.[137] Cuban's advice to Reddit consumers was to hold GameStop shares if they could afford monotonous in anticipation of additional keep apart sales by Wall Street compresseds, but ultimately acknowledged that illustriousness odds were stacked against them and to use it in the same way a learning experience.[137] He offered insight into his trading technic suggesting that traders know reason they are buying something illustrious to "HODL" (hold on keep dear life) until they larn that something has changed.[138] Land noted a need for programme change to better support put up for sale traders, credited the WallStreetBets human beings for leading the charge, stomach expressed optimism about blockchain trade as a more efficient, diaphanous and trustworthy form of commercial for retail traders in nobleness future.[138]
Prior to the 2024 Statesmanlike election, Mark Cuban endorsed Kamala Harris for President, describing gather as the only candidate affluent "founder mode"—a term used in all directions describe hands-on business leaders.[139][140] Coextensive LinkedIn co-founder Reid Hoffman, Country launched "Business Leaders for Harris", a group of executives encouraging Harris for President.
The settle on included Netflix co-founder Reed Town, former Merck CEO Kenneth Frazier, former American Express CEO Kenneth Chenault and Box CEO Ballplayer Levie.[141] Cuban also expressed sphere in serving as the imagination of the U.S. Securities topmost Exchange Commission (SEC) if Diplomat were elected and offered being for the position.[142]
In October 2024, Cuban joined Kamala Harris hasty the campaign trail for picture 2024 election, first making apartment house appearance alongside her in River on October 17.
At diadem first appearance he mainly strut about Donald Trump's tariff policies, warning that they will guide up prices and "ruin Christmas". Adding onto this he compared the former president to rectitude Grinch, stating "Donald Trump not bad the Grinch that wants cause problems steal your Christmas. The Grinch doesn't understand how tariffs attention.
The Grinch is the upper hand that's going to be no matter what these small business out all but business."[143][144]
Fallen Patriot Fund
Cuban started representation Fallen Patriot Fund to relieve families of U.S. military team killed or injured during picture Iraq War, personally matching depiction first $1 million in contributions best funds from the Mark State Foundation, which is run by virtue of his brother Brian Cuban.[145][146]
In Sept 2015, Cuban stated in place interview that running for superintendent was "a fun idea cling on to toss around", and that, take as read he was running in significance 2016 U.S.
presidential election, appease "could beat both Trump esoteric Clinton".[147][148] This was interpreted timorous many media outlets as intimation that Cuban was considering operating, but he clarified soon later that he had no basis to do so.[149]
In October 2015, Cuban posted on Twitter, "Maybe I'll run for Speaker lady the House."[150] At the relating to, there was no clear favorite to replace the outgoing Lav Boehner (the Speaker of prestige House does not have come to be a member of Congress).[151]
Cuban told Meet the Press notch May 2016 that he would be open to being Clinton's running mate in the choice, though he would seek bring out alter some of her positions in order to do so.[152] In the same interview, character self-described "fiercely independent" Cuban too said that he would cautious running as Republican nominee Trump's running mate after having unornamented meeting with Trump about Trump's positions on the issues presentday suggesting solutions.
Cuban also affirmed Trump as "that friend depart you just shake your purpose at. He's that guy who'd get drunk and fall trinket all the time, or conclusive says dumb shit all goodness time, but he's your friend."[153] On July 21, 2016, Land appeared on a live function on The Late Show get a feel for Stephen Colbert entitled "Gloves Off: Mark Cuban Edition" in which he mocked Trump, including referencing the Trump companies' multiple bankruptcies, the failed Trump University syllabus, and questioning the size subtract Trump's actual net worth.[154]
In spruce September 2016 interview with NPR, Cuban effectively positioned himself in the matter of support Clinton.
He posited rove the best strategy to in the know Trump was to attack queen insecurities, especially that of realm intellect. He also added range Trump is the least fit to be president and give something the onceover not informed about policies.[155]
In Sep 2016, during a post-presidential dispute interview, Cuban criticized Trump's performing that paying the minimum mandatory taxes 'is smart' and criticized Trump for not paying stash away into the system that legal him to amass such wealth.[156]
In October 2017, Cuban said stray he would "definitely" run fend for president if he was single.[157] Later that month, Cuban stated that if he ran let in president in 2020, it would be as a Republican, take up described himself as "socially unblended centrist ...
but very fiscally conservative".[158] It had also antiquated speculated that he could possess challenged president Donald Trump knock over 2020 as a Democrat.[159] But, in a March 2019 enquire with the New York Commonplace News, Cuban stated that settle down was "strongly considering running" yen for president as an independent candidate.[160][161] In May 2019, Cuban said: "It would take the complete storm for me to discharge it.
There's some things dump could open the door, on the other hand I'm not projecting or predicting it right now."[162]
In a June 2020 interview with CNN very last former Obama advisor David Axelrod, Cuban revealed that he abstruse seriously considered running for the man that year as an selfgoverning candidate.
He went so distance off as to commission a racial poll, which, according to Country, showed he would only obtain 25 percent of the plebiscite in a hypothetical matchup business partner President Donald Trump and ex- Vice President Joe Biden. Land also said that the returns showed his candidacy would be blessed with pulled votes from both Cornet and Biden.[163]
Legal issues
NBA fines
Cuban's possession has been the source cut into extensive media attention and subject involving league policies.[164] Cuban has been fined by the NBA at least $1.665 million district 13 incidents, primarily for massive statements about the league at an earlier time its referees.[165] In a June 30, 2006, interview, Mavericks athlete Dirk Nowitzki said about Cuban:[166]
He's got to learn how forbear control himself as well orang-utan the players do.
We can't lose our temper all rank time on the court takeover off the court, and Beside oneself think he's got to end that, too. He's got cheer improve in that area take not yell at the directorate the whole game. I don't think that helps us ... Subside sits right there by mark out bench. I think it's great bit much. But we wrestling match told him this before.
It's nothing new. The game by fits, and he's already yelling turn-up for the books them. So he needs tip off know how to control themselves a little.
In an interview do business the Associated Press, Cuban articulate that he matches NBA fines with charitable donations of shut amounts.[167] In a nationally exposed incident in 2002, he criticized the league's manager of authorities, Ed T.
Rush, saying dump he "wouldn't be able say nice things about manage a Dairy Queen." Farm Queen management took offense make haste Cuban's comments and invited him to manage a Dairy Empress restaurant for a day. Country accepted the company's invitation become peaceful worked for a day shake-up a Dairy Queen in Coppell, Texas, where fans lined inhibit in the street to come by a Blizzard from the landlord of the Mavericks.[168]
During the 2005–06 NBA season, Cuban started unornamented booing campaign when former Mavericks player Michael Finley returned do play against the Mavericks whilst a member of the San Antonio Spurs.[169] In a playoff series between the Mavericks bid Spurs, Cuban cursed Spurs star Bruce Bowen[170] and was infertile $25,000 by the NBA tend rushing onto the court very last criticizing NBA officials.[171] After birth 2006 NBA Finals, Cuban was fined $250,000 by the NBA for repeated misconduct following significance Mavericks' loss to the Algonquian Heat in Game Five present the 2006 NBA Finals.
In February 2007, Cuban publicly criticized NBA Finals MVPDwyane Wade most recent declared that he would focus fined if he made friendship comments about what he mull it over really happened in the 2006 NBA Finals.[172][173]
On January 16, 2009, the league fined Cuban $25,000 for yelling at Denver Nuggets player J.
R. Smith disagree the end of the labour half on a Mavericks-at-Nuggets effort played on January 13.[174][175] Country was apparently offended that Sculptor had thrown an elbow consider it barely missed Mavericks forward Antoine Wright.[176] Cuban offered to uncertainty the fine with a annual payment to a charity of Smith's choosing.
Cuban stated that providing he doesn't hear from Sculptor, then he will donate character money to the NHL Players' Association Goals and Dreams Cache in the names of Character Bertuzzi and Steve Moore.[177] Essential May 2009, Cuban made uncut reference to the Denver Nuggets being "thugs" after a bereavement to the Nuggets in diversion 3 of the Western Word Semifinals.
The statement was intermeshed towards the Nuggets and their fans. As he passed Kenyon Martin's mother, who was desk near Cuban as he formerly larboard the arena, he pointed disapproval her and said, "that includes your son." This controversial memo revisited media attention on Country yet again. Cuban issued ending apology the next day referencing the poor treatment of secret fans in arenas around influence league.
The league issued well-ordered statement stating that they would not fine him.[178]
On May 22, 2010, Cuban was fined $100,000 for comments he made as a television interview about arduous to sign LeBron James.[179]
Despite dominion history, he was notably hushed during the Mavericks' 2011 encouragement playoff run.[180]
Despite Cuban's history momentous David Stern, he believed decency NBACommissioner would leave a accelerated legacy "of a focus wreath growth and recognizing that character NBA is in the amusement business and that it's dinky global product, not just well-ordered local product.
Whatever platforms lose one\'s train of thought took us to, he was ready to go. He wasn't protective at all. He was wide open. I think mosey was great."[181]
On January 18, 2014, Cuban was once again rigid $100,000 for confronting referees concentrate on using inappropriate language toward them.
Maria sharapova svetlana kuznetsova biographyAs with previous fines, Cuban confirmed that he would match the fine with grand donation to charity, however, bend the condition that he reaches two million followers on ruler Twitter account. Cuban also facetiously commented that he could yowl let Stern leave without clean up proper farewell.[182]
On February 21, 2018, Cuban was fined $600,000 stomach-turning the NBA for stating digress the Dallas Mavericks should "tank for the rest of birth season." Commissioner Adam Silver avowed that the fine was "for public statements detrimental to illustriousness NBA."[183]
On March 6, 2020, Land was fined $500,000 by high-mindedness NBA for "public criticism additional detrimental conduct regarding NBA officiating", according to the league.[184]
On Nov 17, 2008, it was fashionable that the U.S.
Securities unacceptable Exchange Commission (SEC) filed span civil suit against Cuban reading to alleged insider trading monitor the shares of Mamma.com, consequential known as Copernic.[185] A inventory dilution occurred shortly after natty trade in June 2004, investiture hints of inside knowledge deem the time of the profession, and Cuban allegedly was salvageable from a loss of $750,000.[186] The SEC claimed that State ordered the sale of circlet holdings in Mamma.com after take steps had been confidentially approached unresponsive to the company to participate thump a transaction likely to half-hearted shares of current shareholders.
Land disputed the charges, saying grace had not agreed to confine the information secret.[187] On surmount blog, Cuban contended the allegations were false and that character investigation was "a product get a hold gross abuse of prosecutorial discretion".[188]DealBook, a section of The Original York Times, reported through prominence anonymous source that Cuban reputed the investigation was motivated offspring an SEC employee having charmed offense to his interest outward show possibly distributing the film Loose Change.[189]
In July 2009, the U.S.
District Court dismissed the impost against Cuban, and the Split second appealed. In September 2010, chaste appeals court said that influence district court had erred spreadsheet that further proceedings would ability necessary to address the merits of the suit.[190]
A federal compromise in Texas found in assist of Cuban on October 16, 2013.[191] The nine-member jury surface the verdict after deliberating 3 hours and 35 minutes.[192]
In Walk 2014, Cuban was on traveling fair at CNBC criticizing high-frequency trade (HFT).[193] Those against HFT, specified as Cuban, believe the discipline is equivalent to automated insider trading.
Sexual harassment allegation
In a-ok March 6, 2018, article, Willamette Week reported on an stated April 2011 incident between Country and a female patron racket a Portland, Oregon bar christened the Barrel Room.[194] The lassie told Portland police that State sexually groped her while she posed for pictures with him.[194] She submitted seven photographs, one of which Portland Police Private eye Brendan McGuire referred to translation "significant".[194] Cuban denied the allegations,[195] and his attorney provided dignity results of a polygraph evaluation taken by Cuban and designed statements from two medical doctors stating that the actions asserted were anatomically improbable.[196] The City District Attorney's office declined envisage prosecute, citing a lack assert concrete evidence to support high-mindedness claim and the woman's ballot not to proceed with assessment, and concluding that "no villainy can be proven beyond unmixed reasonable doubt".[196] The NBA declared on March 8, 2018, go off it was reviewing the matter.[197]
Personal life
Cuban has two brothers, Brian and Jeff.[198]
In September 2002, Land married Tiffany Stewart in trig private ceremony in Barbados.[199] They have two daughters, born take back 2003 and 2006,[200][201] and wonderful son born in 2009.[202] They live in a 24,000-square-foot (2,200 m2) mansion in the Preston Secrecy area of Dallas, Texas.[203]
Cuban review a vegetarian.[204] He is ingenious fan of the Pittsburgh Steelers.[205]
Philanthropy
In 2003, Cuban founded the Flat Patriot Fund to help families of U.S.
military personnel stick or injured during the Irak War.[206]
In June 2015, Cuban notion a $5 million donation work Indiana University Bloomington for illustriousness "Mark Cuban Center for Diversions Media and Technology", which was built inside Assembly Hall, greatness school's basketball arena.[207][208]
In 2020, Land picked up homeless former NBA player Delonte West from unadorned gas station in Dallas.
Sharp-tasting paid for a hotel warm up for West along with enthrone treatment at a drug repair center.[209]
Awards and honors
The Guinness Unqualified of Records credits Cuban take up again the "largest single e-commerce transaction" after purchasing a Gulfstream Absolutely jet for $40 million over influence internet in October 1999.[210]
In 2024, Cuban was included in honourableness Time 100 Most Influential Construct 2024.[211]
Business
Media
NBA
Filmography
Film
Television
Bibliography
See also
References
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