Learn the story of who is today the owner of the Dallas Mavericks and the film and entertainment company 2929 Entertainment.
Mark Cuban He is an American with a very particular story. He was born on July 31, 1958 in the city of Pittsburg, in the State of Pennsylvania. He grew up in the suburb of Mt Lebanon, and was part of a working Jewish family. His grandfather decided to change the family name from Chabenisky to Cuban.
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His first jobs began at the age of 12, when he sold garbage bags to pay for his first basketball shoes. While he was of school age he had various jobs as a waiter, dance instructor and party entertainer.
What helped him the most in his growth was his work as a sales executive for Your Business Software, an experience that made it possible for him to open his own business, MicroSolutions, taking advantage of the client portfolio he retained from his previous job.
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How Mark Cuban, the billionaire owner of the Dallas Mavericks, made his fortune
The growth of your MicroSolutions company was undoubtedly the kick-off to begin to increase his fortune, achieving sell it for 6 million dollars. Another of his creations, together with university classmates, was “AudioNet”, a site for broadcasting basketball games, which was later renamed Broadcast.com.
For the year 1999, Broadcast.com had had considerable growth since it had 330 employees and had revenues of more than 13.5 million dollars for the second quarter of the year. In that same year it was acquired by Yahoo in exchange for 5.7 billion dollars.
After this sale, Cuban began to diversify his shares in the stock market, careful not to be affected by an eventual fall, and his fortune continued to grow.
Mark Cuban’s net worth in 2024
Mark Cuban’s total assets amount to 5.4 Billion dollars and ranks 563rd among the world’s millionaires according to Forbes magazine.
