Mark Cuban

Categories: Technology

  • Billionaire entrepreneur Mark Cuban is the owner of the Dallas Mavericks basketball team and Chairman of high-definition TV network HDNet.

    Cuban, who is worth over $2.6 billion, was accused of insider trading by the SEC. On July 17, 2009, a judge threw the case out but gave the SEC an additional 30 days to amend the lawsuit.http://www.reuters.com/article/mediaNews/idUSN1747638720090717

  • Cubs Bid

    On November 7, 2008, the Chicago Sun-Times reported that Mark Cuban has "zero chance" of having his bid to purchase the Chicago Cubs accepted. The source of the comment was reportedly "a baseball source". There are believed to be five bidders for the team including Cuban. In 1981, the Tribune CO. paid $20.5 million to purchase the Cubs.ESPN.com: Report: 'Zero chance' that MLB will accept Cuban's Cubs bid (November 7, 2008)

  • Rise to Success

    Mark Cuban was raised in Mt. Lebanon, Pennsylvania. He graduated from Indiana University in 1981 with a BA in business administration.

    He moved to Dallas, Texas, where he started working as a bartender and software salesperson. He soon branched into his own ventures, and in 1995 he founded Broadcast.com with college friend Todd Wagner. The company grew in size and success over the coming years and was purchased by [[Yahoo!]] in 1999 for $5.9 billion in Yahoo! stock.

  • Fines

    On March 29, 2009, Cuban was fined $25,000 by the NBA for criticizing the officials for failing to call a foul on J.R. Smith of the Denver Nuggets for taunting.ESPN.com: Cuban Fined $25K for Ref Complaints Cuban posted a Twitter message stating, "how do they not call a tech on JR Smith for coming off the bench to taunt our player on the ground?"Twitter: mcuban: how do they not call a tec ... After the fine, Cuban also posted to Twitter "can't say no one makes money from twitter now. the NBA does."Twitter: mcuban: can't say no one makes mon ...

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