Jump To Mark Cuban's Stats
Mark Cuban definitely knows how to make things happen. He turned his business degree into an huge empire that contains, professional sports teams, entertainment holdings and broadcast companies that fuel his desire to make things happens. As the owner of the National Basketball Association's Dallas Mavericks, Cuban can celebrate as the defending league champion. It was the first ever time that the Mavericks have risen to that occasion.
His start came via his interest in computers. He designed and marketed a successful computer enterprise called Microsystems. Ultimately, he and a partner sold their interest to Compuserve for his first taste of the millionaire status. Then in 1999, Cuban and Todd Wagner designed a webcasting system that would push them through the billionaire ranks.
Cuban and his Indiana University alum partner Wagner sold the system to Yahoo! Sports for a reported $5.9 billion in stock. Both he and Wagner had built Broadcast.com up to some 300 employees and were starting to rake in nearly $15 million per quarter.
Not known for just sitting around, Cuban took his pile and immediately started to diversify. He bought interests in Landmark Theaters – which he and Wagner now own. He bought interests in Lions Gate Productions. He bought interests in the sports area by purchasing a majority stake the Dallas Mavericks in 2000 for $285 million dollars. His vocal attendance at the basketball games at home or on the road has provided great material for sports writers all over the country. In the 10 years Cuban has been involved, the NBA has fined him in excess of $1.3 million for flagrantly criticizing the referees or the league itself. They consider that a no-no.
His interest in technology hasn't waned. He has invested in a number of startups including, IceRocket, Goweey Media, Inc., Redswoosh and Weblog, Inc.