A businessman and a TV personality, Marc Cuban is one of the wealthiest people in the world.
Marc Cuban was born on July 31st, 1958, in Pittsburg, Pennsylvania. He was a child of a Jewish working-class family. His father was an automobile upholsterer. The paternal side of his family were Jewish immigrants from Russia, while his mother’s side came from Romania. Marc grew up in Pittsburg suburbs called Mount Lebanon.
Even as a child, Marc tried to earn some money to finance things his family couldn’t afford, like expensive basketball sneakers. He sold garbage bags, coins, and stamps. At one point, during the strike in Pittsburg Post-Gazette, he imported newspapers from Cleveland. Marc graduated high school a year early and enrolled at the University of Pittsburgh during his senior year.
Marc stayed at the University of Pittsburgh for just one year. The reason was that because Pitt didn’t have an undergraduate business school. He transferred to Indiana University’s Kelley School of Business. He picked Indiana because it was the cheapest school among the top ten business programs in the country. Marc graduated in 1981 with a Bachelor of Science degree in Management. During his stay in Indiana, he had various jobs, working as a disco instructor, bartender, and party promoter.
In 1982, Cuban moved to Dallas. He was living with some of his high school friends and was working as a bartender. Soon, he got a job at Your Business Software. He didn’t know much about computers, but he was a quick learner and after being fired from Your Business Software, he started his own company called MicroSolution. He sold it for $6 million in 1990. His next venture was Broadcasting.com, which he sold to Yahoo for $5.7 billion in Yahoo stocks in 1999, just four years after he started it.
Cuban bought Dallas Mavericks for $285 million from H. Ross Perot, Jr. Since he took over, the team has won the NBA championship and had several other successful playoff runs. Cuban is an engaged owner and is sitting next to the team’s bench during games. For the most part, he spends his time arguing with referees.
Marc Cuban Net Worth 2020
According to Forbes, Cuban is among the top 200 wealthiest people on the planet. Mar Cuban’s net worth in 2020 is estimated at $4.1 billion