Mark Cuban Biography Mark Cuban, born on July 31, 1958, is an American entrepreneur and television personality. He is the former principal owner and current minority owner of the Dallas Mavericks, a team in the National Basketball Association (NBA), co-owner of 2929 Entertainment, and one of the main “sharks” on the ABC reality series Shark Tank. As of February 2025, his net worth is estimated at $5.7 billion by Forbes. Cuban was born in Pittsburgh, Pennsylvania, and became involved in various ventures from a young age, including selling garbage bags and running newspapers during a strike. He graduated from the Kelley School of Business at Indiana University and went on to build a diverse business career.
Mark Cuban Biography
Mark Cuban was born on July 31, 1958, in Pittsburgh, Pennsylvania, to Shirley (Feldman) and Norton Cuban, an automobile upholsterer. Coming from a family of Eastern European Jewish descent, his family originally carried the surname “Chabenisky.” Mark graduated from Indiana University in 1981 with a degree in Business. After college, he relocated to Dallas, Texas, where he founded a computer consulting firm called “MicroSolutions.” The company made him a millionaire when he sold it to CompuServe in 1990. In 1995, Mark and his business partner Todd Wagner began working on a new idea—what would eventually become Broadcast.com. This innovative company enabled live events to be streamed over the Internet, and in 1999, they sold it to Yahoo! for billions of dollars in Yahoo! stock. Using this wealth, Cuban purchased the NBA’s Dallas Mavericks on January 14, 2000, for $285 million.
Mark Cuban Biography Details
| Born | July 31, 1958 (age 66)
Pittsburgh, Pennsylvania, U.S. |
| Education | University of Pittsburgh Indiana University Bloomington (BS) |
| Occupations | Businessman
investor television personality |
| Known for | Ownership of the Dallas Mavericks Investor on Shark Tank |
| Title | Minority owner of the Dallas Mavericks
Founder of AXS TV & HDNet Co-founder of 2929 Entertainment Owner of Mustang, Texas Co-owner of Brondell |
| Political party | Independent |
| Spouse | Tiffany Stewart
(m. 2002) |
| Children | 3 |
| Relatives | Brian Cuban (brother) |
| Awards | 2011 NBA champion (as owner) |
| Category | Singers Bio |
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About Mark Cuban
Mark Cuban is an American businessman and television personality. He is the former principal owner and current minority owner of the Dallas Mavericks of the National Basketball Association, co-owner of 2929 Entertainment, and is one of the main “sharks” on the ABC reality television series Shark Tank.
- Born: 31 July 1958 (age 66 years), Pittsburgh, Pennsylvania, United States
- Net worth: 570 crores USD (2025) Forbes
- Spouse: Tiffany Stewart (m. 2002)
- Organizations founded: Cost Plus Drugs, Broadcast.com, HDNet Fights, Truly Indie, HDNet Movies, 2929 Entertainment
- Children: Alexis Sofia Cuban, Alyssa Cuban
- Height: 89 m
Early Life and Education
Cuban was born in Pittsburgh and grew up in the nearby suburb of Mount Lebanon in a working-class Jewish family. His father, Norton Cuban, worked as an automobile upholsterer, while his mother, Shirley, had various career ambitions. Cuban’s paternal grandfather changed the family name from “Chabenisky” to “Cuban” after emigrating from Russia through Ellis Island. His maternal grandparents were Romanian Jewish immigrants, although Cuban has stated that his maternal grandmother was from Lithuania.
At the age of 12, Cuban began his entrepreneurial journey by selling garbage bags to fund a pair of expensive sneakers. A few years later, he made money by selling stamps and coins. When he was 16, Cuban capitalized on a Pittsburgh Post-Gazette strike by running newspapers from Cleveland to Pittsburgh. Instead of finishing high school, Cuban enrolled as a full-time student at the University of Pittsburgh, where he joined the Pi Lambda Phi fraternity.
Mark Cuban at a Glance
- Net Worth: $6.5 Billion
- Birthdate: July 31, 1958 (66 years old)
- Birthplace: Pittsburgh, Pennsylvania
- Gender: Male
- Height: 6 ft 2 in (1.9 m)
- Profession: Entrepreneur, Investor, Businessperson, Film Producer, Actor, Television Producer
- Nationality: American
Early Career
In 1982, Cuban moved to Dallas and worked as a bartender and salesperson at Your Business Software. He was fired after less than a year for neglecting his duties to meet with a client. This setback led him to start his own business.
MicroSolutions
Cuban founded MicroSolutions, initially a software reseller and system integrator. With major clients like Perot Systems, MicroSolutions grew to generate over $30 million in revenue. Cuban sold the company to CompuServe in 1990 for $6 million, netting $2 million after taxes.
The American Airlines Unlimited Pass
To celebrate the sale, Cuban bought an unlimited lifetime pass from American Airlines for $250,000, which allowed him to fly anywhere for free. This pass was later gifted to his father and then to a close friend after his father passed away.
The Dotcom Bubble and Cuban’s Savvy Financial Moves
Cuban predicted the dotcom bubble would burst and sold all of his Yahoo! shares for $2.5 billion just before the crash. Yahoo!’s stock value plummeted, and the shares Cuban sold would have been worth much less, making his decision incredibly profitable.
Dallas Mavericks
Cuban bought the Dallas Mavericks in 2000 for $285 million, with no partners. Under his leadership, the Mavericks won the 2011 NBA Championship. In 2023, Cuban reached an agreement to sell the majority stake in the team to Miriam Adelson at a $3.5 billion valuation.
Landmark Theatres
In 2003, Cuban purchased Landmark Theatres, a chain of 58 independent movie theaters.
Shark Tank
Cuban became one of the main investors on Shark Tank in 2011. Some of his most notable deals include investing in Ten Thirty-One Productions, Rugged Maniac Obstacle Race, and BeatBox Beverages. The show’s ratings and acclaim have grown since Cuban’s involvement.
Cost Plus Drugs
In 2022, Cuban founded the Cost Plus Drugs Company to address the high cost of prescription medications in the U.S., aiming to provide transparency and reduce prices.
Amazon Stake
Cuban holds nearly $1 billion worth of Amazon stock, his largest stock holding, followed by Netflix.
Private Jet Purchase
Cuban made headlines in 1999 when he spent $40 million on a Gulfstream V jet, setting the record for the “largest single e-commerce transaction,” according to the Guinness Book of Records.
Personal Life
Cuban’s paternal grandfather changed the family name from Chabenisky to Cuban after emigrating from Russia. In 2002, he married Tiffany Stewart in a private ceremony in Barbados, and the couple has three children. The family resides in Dallas, Texas. Cuban has been an active philanthropist, founding the Fallen Patriot Fund to support families of U.S. soldiers killed or injured in the Iraq War. In 2015, he donated $5 million to Indiana University for the creation of the Mark Cuban Center for Sports Media and Technology.
During the COVID-19 pandemic, Cuban offered guidance to small businesses on LinkedIn and helped former NBA player Delonte West with rehabilitation. In 2023, Cuban’s streaming platform, Fireside, secured $25 million in funding, bringing the company’s valuation to $138 million.
Real Estate
Cuban resides in a 24,000-square-foot mansion in Dallas. In 2018, he purchased a $19 million beachfront mansion in Laguna Beach, California. The home has six bedrooms, seven and a half bathrooms, and stunning views of the ocean.
Mark Cuban Net Worth 2025
Mark Cuban is a highly successful American entrepreneur, with a net worth of $6.5 billion. He first gained wealth through his company MicroSolutions, and later earned billions after selling Broadcast.com to Yahoo! during the dot-com boom. He used his fortune to buy the Dallas Mavericks, Landmark Theaters, and Magnolia Pictures. Cuban is also the chairman of HDNet (now AXS TV), and co-owner of 2929 Entertainment.