Saturday, September 22, 2018

Mark Cuban is worth $3.9 billion — here's how he earns and spends it



Mark Cuban is one of the wealthiest people in America, with an estimated net worth of $3.9 billion according to Forbes.

The businessman and investor earned his fortune with a series of shrewd business deals starting in the 1990s, most notably the sale of his streaming site Broadcast.com for $5.7 billion in stocks.

He bought the NBA's Dallas Mavericks in 2000 and helped transform them into a championship team.

And he's added to his empire with investments like the ones he makes each week on ABC's "Shark Tank," where he's been a regular for eight years.

Cuban is in the news this week after an investigation into the Mavericks organization surfaced evidence of a hostile workplace for women. Cuban has pledged to donate $10 million to women's causes and domestic violence awareness.

But $10 million isn't the fortune it sounds like to the billionaire. Over the years, he's spent his money on private planes, a 24,000-square-foot house, a $110,000 bar tab, and millions of dollars of fines from the NBA.

Read on to see how Cuban has earned — and spent — his fortune.




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