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Mark Cuban
Photo: Philip Romano, CC BY-SA 4.0

Mark Cuban

Co-founder of Broadcast.com and Cost Plus Drugs, and minority owner of the Dallas MavericksSource [1]Source [4]Source [26]

Streaming mediaSports ownershipHealthcare pricingStartup investingTelevision

Unclaimed profileLast verified Oct 2, 2026

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About

Mark Cuban is an entrepreneur and investor based in Dallas. A Pittsburgh native, he graduated from Indiana University's Kelley School of Business in 1981 and moved to Dallas, where he founded the systems integration firm MicroSolutions and sold it to CompuServe in 1990.Source [2]Source [1]Source [3]

In 1995 he and Todd Wagner started AudioNet, later broadcast.com, an early commercial streaming company that went public on Nasdaq in July 1998 and was sold to Yahoo in 1999 in a stock deal valued at about $5.7 billion.Source [1]Source [4]Source [5]Source [6]

He bought the Dallas Mavericks in January 2000 for $285 million and owned the team through its 2011 NBA championship. In December 2023 he sold a controlling stake to the Adelson and Dumont families and kept a minority interest of about 27%.Source [7]Source [2]Source [8]Source [9]

His media holdings have included HDNet (now AXS TV), HDNet Movies, Magnolia Pictures, Landmark Theatres and the production company 2929 Productions, which he built with Todd Wagner. From 2011 to 2025 he appeared as an investor on ABC's Shark Tank, and he won an Emmy as an executive producer of the show in 2024.Source [2]Source [1]Source [10]Source [11]

He co-founded Mark Cuban Cost Plus Drug Company with Alex Oshmyansky; its online pharmacy launched in January 2022 and sells medicines at cost plus a fixed markup. In July 2026 Harbinger Sports Partners, where he is general partner and president, bought a minority stake in MLB's Athletics.Source [2]Source [12]Source [13]Source [14]

Watch

Mark Cuban: How I Became a Billionaire by Bloomberg Originals on YouTube

Career

1983 to 1990
1995 to 1999
2000 to now
CompanyYearsRoleStatus
Mark Cuban Cost Plus Drug Company

Co-founded the company with Alex Oshmyansky, who pitched him the idea and serves as CEO. Its online pharmacy launched in January 2022.Source [15]Source [12]Source [16]

  • Co-founded the company in 2019 according to his official ABC biography; its online pharmacy launched on January 19, 2022 with about 100 generic drugs.Source [2]Source [1]Source [12]
  • Described in 2022 as the company's majority investor while Alex Oshmyansky serves as CEO.Source [17]Source [12]
  • Serves as the public face of the company's partnerships, including the April 2026 deal with Bristol Myers Squibb and Pfizer to sell Eliquis through CostPlusDrugs.com.Source [18]

Suggest a correction to Mark Cuban Cost Plus Drug Company

2019 to nowCo-founderSource [2]Source [1]Source [15]Source [16]Active
HDNet (now AXS TV)

Founded HDNet in 2001 and relaunched it as AXS TV in 2012 with partners including AEG. Sold a majority interest to Anthem Sports & Entertainment in September 2019 and kept an equity stake.Source [19]Source [20]

  • Started HDNet and HDNet Movies in 2001 with Phil Garvin and Todd Wagner; his biography describes HDNet as the first all high-definition TV network.Source [2]Source [1]
  • Relaunched HDNet as AXS TV on July 2, 2012 with partners Anschutz Entertainment Group, Creative Artists Agency and Ryan Seacrest.Source [21]Source [23]
  • Sold a majority interest in AXS TV and HDNet Movies to Anthem Sports & Entertainment in September 2019 and stayed on as a partner with an equity stake.Source [20]Source [24]

Suggest a correction to HDNet (now AXS TV)

2001FounderSource [2]Source [1]Source [19]Source [20]Source [21]Chairman and CEOSource [22]Acquired
Dallas Mavericks

Bought the Mavericks from Ross Perot Jr. in January 2000 for $285 million. The NBA approved his sale of the controlling interest to the Adelson and Dumont families on December 27, 2023; he kept about 27%, and the buyers hold an option to buy up to 20% more from him within four years.Source [7]Source [1]Source [9]Source [25]Source [26]

  • Bought the team from Ross Perot Jr. on January 4, 2000 for $285 million.Source [7]Source [2]
  • Owned the team through its first NBA Finals appearance in 2006 and its 2011 NBA championship.Source [2]Source [22]Source [7]
  • Sold a controlling stake to the Adelson and Dumont families in a deal valued at about $3.5 billion, approved December 27, 2023; kept about 27% and became alternate governor.Source [8]Source [9]
  • The buyers hold an option to buy up to 20% more from him within four years of the sale.Source [25]

Suggest a correction to Dallas Mavericks

2000 to nowOwnerSource [7]Source [1]Source [8]Source [9]Minority ownerSource [25]Source [26]Active
Broadcast.com

Started AudioNet with Todd Wagner in 1995 to stream Indiana University basketball broadcasts; it became broadcast.com, went public in 1998 and agreed in 1999 to be acquired by Yahoo in a stock deal valued at about $5.7 billion.Source [1]Source [22]Source [4]Source [5]

  • Started AudioNet with Todd Wagner to carry Indiana University basketball broadcasts over the internet; his biography calls it the first commercial streaming company.Source [1]Source [2]Source [22]
  • Served as Chairman of the Board and President while Wagner was CEO; the company listed on Nasdaq under BCST on July 17, 1998.Source [4]
  • Agreed on April 1, 1999 to sell the company to Yahoo in a stock deal valued at about $5.7 billion; the sale closed in July 1999.Source [5]Source [6]

Suggest a correction to Broadcast.com

1995 to 1999Co-founderSource [1]Source [22]Source [27]Chairman of the Board and PresidentSource [4]Source [5]Acquired
MicroSolutions

Founded MicroSolutions in Dallas after being fired from a software retail job, built it into a systems integration business, and sold it to CompuServe in 1990 for $6 million.Source [1]Source [28]Source [27]

  • Founded the company in 1983, the day after he was let go from the Dallas software store Your Business Software.Source [1]Source [23]
  • Built it into a systems integration and network applications firm that reached 80 employees and $36 million in annualized sales.Source [1]Source [2]
  • Sold it to CompuServe, then part of H&R Block, for $6 million in 1990.Source [1]Source [23]Source [22]

Suggest a correction to MicroSolutions

1983 to 1990FounderSource [1]Source [22]Source [28]Source [23]Acquired

Milestones

  1. 2026-07Harbinger Sports Partners, which he leads as general partner and president, bought a minority stake in MLB's Athletics.Source [14]
  2. 2025-05Made his final regular appearance on Shark Tank as the show's 16th season ended.Source [2]Source [10]
  3. 2024-09Won the Emmy for Outstanding Structured Reality Program as an executive producer of Shark Tank.Source [2]Source [11]
  4. 2023-12The NBA approved his sale of a controlling stake in the Mavericks to the Adelson and Dumont families; he kept about 27%.Source [9]Source [8]
  5. 2022-01Mark Cuban Cost Plus Drug Company launched its online pharmacy.Source [12]Source [2]
  6. 2019-09Sold a majority interest in AXS TV and HDNet Movies to Anthem Sports & Entertainment.Source [20]Source [24]
  7. 2015Gave Indiana University $5 million to launch the Mark Cuban Center for Sports Media and Technology.Source [3]
  8. 2013-10A federal jury found him not liable in the SEC's civil insider trading case over Mamma.com shares, filed in 2008.Source [29]Source [30]
  9. 2012-07Relaunched HDNet as AXS TV with AEG, CAA and Ryan Seacrest.Source [21]Source [23]
  10. 2011-06The Mavericks won the NBA championship.Source [7]Source [2]
  11. 2011First appeared as an investor on ABC's Shark Tank; published How to Win at the Sport of Business.Source [2]Source [10]Source [31]
  12. 2001Started HDNet, an all high-definition TV network, with Phil Garvin and Todd Wagner.Source [2]Source [21]
  13. 2000-01Bought the Dallas Mavericks from Ross Perot Jr. for $285 million.Source [7]Source [2]
  14. 1999Sold broadcast.com to Yahoo in a stock deal valued at about $5.7 billion.Source [5]Source [6]
  15. 1998-07broadcast.com went public on Nasdaq under the symbol BCST.Source [4]

Boards, investments and other roles

OrganizationRoleYears
Harbinger Sports PartnersInvestorGeneral partner and presidentSource [14]2026 to now
Shark Tank (ABC)MediaInvestor (Shark) and executive producerSource [2]Source [10]Source [11]2011 to 2025
2929 Productions / 2929 Entertainment (Magnolia Pictures, Landmark Theatres)MediaCo-owner with Todd WagnerSource [2]Source [1]Source [28]
Dallas MavericksBoardAlternate governorSource [9]Source [8]2023
Fallen Patriot FundNonprofitFounderSource [28]2003
Mark Cuban Center for Sports Media and Technology, Indiana UniversityNonprofitFounding donor ($5 million gift, 2015)Source [3]2015

Education

Books

Honors

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Sources

  1. Mark's Bio, Mark Cuban Companies. Accessed Oct 2, 2026.
  2. Biography: Mark Cuban, Shark on ABC's "Shark Tank" (2024-2025), ABC (Disney Entertainment press materials). Accessed Oct 2, 2026.
  3. Former Cuban Center interns making splash in virtual reality industry, Indiana University (News at IU), 2020-02-04. Accessed Oct 2, 2026.
  4. broadcast.com inc. Form 10-K405 for fiscal 1998, U.S. Securities and Exchange Commission (EDGAR), 1999-03-30. Accessed Oct 2, 2026.
  5. Yahoo! Acquires Broadcast.com for $5.7 Billion, InternetNews, 1999-04-01. Accessed Oct 2, 2026.
  6. Yahoo! completes acquisition of broadcast.com, Telecompaper. Accessed Oct 2, 2026.
  7. Dallas Mavericks, Texas State Historical Association Handbook of Texas. Accessed Oct 2, 2026.
  8. Mark Cuban says changing NBA landscape led to his sale of the Mavs, NBA.com (The Associated Press), 2023-12-28. Accessed Oct 2, 2026.
  9. NBA board of governors unanimously approve Mark Cuban's majority stake sale of Mavericks, CBS Sports, 2023-12-27. Accessed Oct 2, 2026.
  10. Mark Cuban says he's leaving 'Shark Tank' after season 16: 'It's time', ABC News, 2023-11-28. Accessed Oct 2, 2026.
  11. Shark Tank: awards and nominations, Television Academy. Accessed Oct 2, 2026.
  12. Mark Cuban Cost Plus Drug Company's Online Pharmacy Launches with Lowest Prices on 100 Lifesaving Prescriptions, Mark Cuban Cost Plus Drug Company via PR Newswire, 2022-01-19. Accessed Oct 2, 2026.
  13. Mark Cuban Cost Plus Drug Company Expands Access with Addition of Starjemza, Mark Cuban Cost Plus Drug Company via PR Newswire, 2025-11-06. Accessed Oct 2, 2026.
  14. Cuban's investment group purchases minority stake in Athletics, ESPN (The Associated Press), 2026-07-23. Accessed Oct 2, 2026.
  15. Cost Plus Drugs, Wikipedia. Accessed Oct 2, 2026.
  16. Mark Cuban, Wikipedia. Accessed Sep 28, 2026.
  17. Mark Cuban Cost Plus Drug Co. Tops Out Its Deep Ellum Facility, Dallas Innovates, 2022-02-02. Accessed Oct 2, 2026.
  18. Bristol Myers Squibb and Pfizer to Make Eliquis (apixaban) Available via Mark Cuban Cost Plus Drug Company, Bristol Myers Squibb, 2026-04-24. Accessed Oct 2, 2026.
  19. Mark Cuban Sells HDNet Cable Channels to Anthem Sports, Steve Harvey, Variety, 2019-09-09. Accessed Sep 28, 2026.
  20. Anthem Sports & Entertainment to Partner with AXS TV Founder Mark Cuban; Acquires Majority Interest in AXS TV and HDNet Movies Networks, Anthem Sports & Entertainment. Accessed Oct 2, 2026.
  21. AXS TV, Wikipedia. Accessed Oct 2, 2026.
  22. Mark Cuban, Texas Business Hall of Fame. Accessed Oct 2, 2026.
  23. Mark Cuban's Biggest Wins and Losses, ABC News. Accessed Oct 2, 2026.
  24. Anthem Sports acquires majority interest in AXS TV & HDNet Movies, POST Wrestling, 2019-09-09. Accessed Oct 2, 2026.
  25. Mavericks owners shoot down sale rumor, and indicate they'll buy more of Mark Cuban's minority stake, Yahoo Sports, 2026-02-12. Accessed Oct 2, 2026.
  26. Mark Cuban's Athletics stake signals pivot from Mavs that 'was not my choice,' he says, Las Vegas Sun (The Dallas Morning News), 2026-07-26. Accessed Sep 28, 2026.
  27. How Mark Cuban started with just $60 in his pocket and became a billionaire, CNBC, 2017-07-05. Accessed Sep 28, 2026.
  28. Mark Cuban (Research Starters), EBSCO. Accessed Oct 2, 2026.
  29. Litigation Release No. 22855: Securities and Exchange Commission v. Mark Cuban, U.S. Securities and Exchange Commission, 2013-10-23. Accessed Oct 2, 2026.
  30. SEC Files Insider Trading Charges Against Mark Cuban, U.S. Securities and Exchange Commission, 2008-11-17. Accessed Oct 2, 2026.
  31. How to Win at the Sport of Business: If I Can Do It, You Can Do It (Diversion Books, 2011), Internet Archive. Accessed Oct 2, 2026.
  32. How to Win at the Sport of Business, Diversion Books. Accessed Oct 2, 2026.

History

  • Sep 28, 2026: Profile created from public sources (Founded editors)
  • Oct 2, 2026: Enriched with about, education, other roles, milestones, books, awards and stint highlights (Founded editors)

Compiled by Founded editors from the cited public sources. Editorial policy / Request removal