Producer, Actor/Actress, Production Manager
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Pittsburgh, Pennsylvania, USA
Producer, businessman and investor
Claim to Fame
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Mark Cuban (born July 31, 1958) is an American businessman, investor, film producer, author, television personality and philanthropist. He is the owner of the NBA's Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and the chairman of the HDTV cable network AXS TV. He is also a "shark" investor on the television series Shark Tank. In 2011, Cuban wrote an e-book, How to Win at the Sport of Business, in which he chronicles his life experiences in business and sports.
Profile Bio Text
Mark Cuban (born July 31, 1958) is an American businessman and investor. He is the owner of the National Basketball Association's Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and the chairman of the HDTV cable network AXS TV. He is also a "shark" investor on the television series Shark Tank. In 2011 Cuban wrote an e-book, How to Win at the Sport of Business, in which he chronicles his life experiences in business and sports.
Cuban was born in Pittsburgh, Pennsylvania, and grew up in the affluent suburb of Mount Lebanon, to a Jewish working-class family. The surname "Cuban" was shortened from "Chabenisky" when his Russian grandparents landed on Ellis Island. He is the son of Norton and Shirley Cuban; Norton was an automobile upholsterer. Cuban's first step into the business world occurred at age 12, when he sold garbage bags to pay for a pair of expensive basketball shoes. While attending Mount Lebanon High School, he held a variety of jobs, including bartender, disco dancing instructor, and party promoter.
Rather than attending high school for his senior year, he enrolled as a full-time student at the University of Pittsburgh. After one year at the University of Pittsburgh, he transferred to Indiana University in Bloomington, Indiana and graduated from the Kelley School of Business in 1981 with a bachelor's degree in business administration. He chose Indiana's Kelley School of Business without even visiting the campus because "it had the least expensive tuition of all the business schools on the top 10 list." During college, he had various business ventures, including a pub, disco lessons, and a chain letter.
In 1982, Cuban moved to Dallas, Texas. Cuban first found work as a bartender, then as a salesperson for Your Business Software, one of the first PC software retailers in Dallas. He was fired less than a year later, after meeting with a client to procure new business instead of opening the store.
Cuban started a company, MicroSolutions, with support from his previous customers from Your Business Software. MicroSolutions was initially a system integrator and software reseller. The company was an early proponent of technologies such as Carbon Copy, Lotus Notes, and CompuServe. One of the company's largest clients was Perot Systems. In 1990, Cuban sold MicroSolutions to CompuServe—then a subsidiary of H&R Block—for $6 million. He made approximately $2 million after taxes on the deal.
In 1995, Cuban and fellow Indiana University alumnus Todd Wagner started Audionet, combining their mutual interest in Indiana Hoosier college basketball and webcasting. With a single server and an ISDN line, Audionet became Broadcast.com in 1998. By 1999, Broadcast.com had grown to 330 employees and $13.5 million in revenue for the second quarter. In 1999, during the dot com boom, Broadcast.com was acquired by Yahoo! for $5.9 billion in Yahoo! stock.
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Mark Cuban is married to Tiffany Stewart, they have been married for 13 years (since 21st September, 2002).
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