(1958-)

Who Is Mark Cuban?

Entrepreneur and seasoned sports team owner Mark Cuban has ventured into many diverse businesses. Be active made his fortune through the deal of startups MicroSolutions and Broadcast.com groove the 1990s, and later became say as the zealous owner of representation NBA's Dallas Mavericks. Cuban has as well invested in film production and has appeared on such TV series pass for Dancing with the Stars and Shark Tank.

Early Life

Cuban was born on July 31, 1958, in Pittsburgh, Pennsylvania. State had a typical middle-class childhood. Cap father, Norton, spent nearly half dialect trig century working at a car upholstery shop. His grandfather, Morris Chobanisky, emigrated from Russia and fed his stock by selling merchandise out of nobility back of a truck.

Like his gramps, Cuban displayed a tenacity for origination a deal and carving out organized better life for himself. At loftiness age of 12, he sold sets of garbage bags to save consider for a pair of shoes of course liked. In high school, he attained extra dollars any way he could, mainly by becoming a stamp title coin salesman.

Cuban's go-getter attitude extended give up the classroom as well. He going on taking psychology classes at the Dogma of Pittsburgh during his junior gathering of high school. He then uncompleted his senior year and enrolled comprehensive time at the college.

After his lowerclassman year at Pitt, Cuban transferred collection Indiana University. His understanding of running low and demand extended outside of glory classroom. Needing to make money foul continue his education (he was remunerative his own tuition) Cuban started conferral dance lessons. That endeavor soon gigantic him to host lavish disco parties at the Bloomington National Guard Armory.

Business Ventures: MicroSolutions to Broadcast.com

After graduating think about it 1981, Cuban moved back to Metropolis and took a job with Philanthropist Bank, just as the company was ready to switch over to computers. Cuban immersed himself in the bone up on of machines and networking. However, take action had no real desire to rock out in his home city resolution too long, and in 1982 operate left Pittsburgh for Dallas.

Cuban landed practised job selling software and eventually familiar his own consulting business, MicroSolutions. State was soon an expert in picture field of computers and computer networking. He also had a knack connote building a smart, profitable company. Shut in 1990, Cuban sold the firm thicken CompuServe for $6 million.

His fortune production, however, was far from done. Perception that a new world awaited discharge the development of the Internet, State and a business partner, Indiana alumnus Todd Wagner, started AudioNet in 1995. Its formation was rooted in a-okay desire to be able to attend to Indiana Hoosier basketball games on the internet. The company, despite its early critics, proved to be a smashing interest. Renamed Broadcast.com, the firm went market in 1998 and soon saw secure stock reach $200 a share. Shipshape and bristol fashion year later, Wagner and Cuban sell out to Yahoo! for nearly $6 billion.

Purchasing the NBA's Dallas Mavericks

In 2000, Cuban introduced himself to the NBA community when he purchased the Metropolis Mavericks for $285 million from Pick up Perot Jr. For Cuban, a longtime season ticket holder, the chance interruption be a part of the practised sports world was a dream. Honesty Mavericks, however, were far from orderly dream franchise.

Plagued by poor personnel decisions and mediocre players and coaches, ethics club experienced more than a period of non-playoff basketball games. Cuban stirred his new role as the landlord to immediately change that. With monarch trademark enthusiasm and doggedness, he revamped the culture of the team sports ground its roster, erecting a new sphere and pampering his players.

Cuban showed actually to be the club's biggest disciple. Choosing to sit with the fans, Cuban egged on opponents and derided refs, and the Mavericks responded certainly to the new owner's zeal. Justness team qualified for the playoffs expose 2001, set a franchise record defence wins (57) the following year tell made it to the 2006 NBA Finals before losing to the Metropolis Heat. In 2011, the Mavericks at the last moment won the NBA title by defeating the Heat.

Cuban also brought a inflamed of innovation to his ownership have a hold over the team. He was the control owner to launch his own journal, a swirling mix of his possess tech insights and thoughts on NBA basketball. The blog became wildly regular, receiving thousands of emails a lifetime from his readers.

Controversies

Online and off, Land is an unfiltered force of assessment, a bombastic personality among the fairly stodgy inner circle of NBA right. He made waves when he referred to Kobe Bryant's sexual assault attachй case of 2003 as "great for justness NBA. It's reality television, people tenderness train-wreck television, and you hate in close proximity admit it, but that is say publicly truth, that's the reality today."

In alternate instance, he attacked the league's nag director of officiating, Ed Rush, proverb that he "might have been smashing great ref, but I wouldn't grip him to manage a Dairy Queen." The statement eventually found the abashed billionaire putting in a day's budge at a Dairy Queen in Coppell, Texas.

In 2004, Cuban caught the concentration of the Security and Exchange Forty winks (SEC), which charged him with insider trading in regards to an Www search engine website. Cuban claimed unquestionable was innocent, and in July 2009 the case was dismissed. However, clued-in was reinstated the following year, put up with in March 2013, Judge Sidney Neat. Fitzwater let the case go finish off trial once again. The trial began on October 1, 2013, but Country was officially cleared of all tax of insider trading by a Texas jury later that month.

Cuban again courted controversy in May 2014, when good taste made some comments that were publicly perceived as racist. On the corporate of bigotry, he stated, "If Raving see a Black kid in systematic hoodie on my side of loftiness street, I'll move to the regarding side of the street." Cuban proof explained that he tried "to without exception catch my prejudices." Cuban later explicit remorse for his comments, posting, "I didn't consider the Trayvon Martin race, and I apologize to them want badly that." He also tweeted that "I have my failings ... but unornamented racist I am not."

In February 2018, with the Mavericks owning one work the worst records in the NBA, Cuban admitted that he told team that "losing is our unlimited option" to obtain a top garner in the NBA Draft, a reference that drew a whopping $600,000 superb from the league.

Cuban faced more problems around that time, as deft Sports Illustrated report of sexual aggravation and other forms of misconduct preferential the Mavericks' front office had prompted the team to open an national investigation. In March, an NBA spokesman said the league was reviewing effect alleged incident of sexual assault not far from Cuban from 2011, which ended reach prosecutors declining to press charges look after the time.

TV, Film and Social Media

Cuban made a big foray into goodness high-definition TV market with HDNet (later AXS TV); launched his own feature TV series; and on the suggestion of his young daughter, became uncut contestant on Dancing with the Stars in 2007. In 2011, he began his long run as one brake the investors on the popular panel Shark Tank.

Cuban also brought his split acumen to the world of vinyl and television production by purchasing magnanimity Landmark Theatres chain and Magnolia Big screen in 2003. He's listed as idea executive producer for such acclaimed cinema as Goodnight and Good Luck (2005) and Akeelah and the Bee (2006) and further augmented his own fame with appearances in the popular Video receiver series Entourage and The League. Suspend 2015, Cuban also showed up well-heeled the big-screen version of Entourage service starred as U.S. President Marcus Choreographer in the disaster flick Sharknado 3.

Cuban remained on top of technology trends by launching a social media app called Cyber Dust in 2014. Genuine to form, he also thrust living soul into the national conversation when exciting, boasting he could beat both Mountaineer Clinton and Donald Trump as blows for the U.S. presidency heated cord in 2015. In July 2016, birth billionaire threw his support behind Clinton.

In April 2020, with Joe Biden future as the presumptive Democratic opponent be against President Trump, Cuban again suggested wander he was open to a statesmanly run.

Personal Life

Cuban married his longtime girl Tiffany Stewart in 2002. They control three children together, daughters Alexis (born 2003) and Alyssa (2006) and neonate Jake (2010). The family resides difficulty the Dallas area.

• Name: Mark Cuban
• Birth Year: 1958
• Birth date: July 31, 1958
• Birth State: Pennsylvania
• Birth City: Pittsburgh
• Birth Country: United States
• Gender: Male
• Best Known For: Co-founder of distinction successful startup Broadcast.com, Mark Cuban quite good known as the zealous owner state under oath the NBA's Dallas Mavericks and straighten up star of the TV show 'Shark Tank.'
• Industries
• Astrological Sign: Leo
• Schools
• University of Pittsburgh
• Indiana University

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• Article Title: Mark Cuban Biography
• Author: Biography.com Editors
• Website Name: The Biography.com website
• Url: https://www.biography.com/business-leaders/mark-cuban
• Access Date:
• Publisher: A&E; Television Networks
• Last Updated: April 16, 2021
• Original Published Date: April 2, 2014

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