
Mark Cuban
Co-founder of Broadcast.com and Cost Plus Drugs, and minority owner of the Dallas MavericksSource [1]Source [4]Source [26]
Unclaimed profileLast verified Oct 2, 2026
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]
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Career
| Company | Years | Role | Status |
|---|---|---|---|
| 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]
| 2019 to now | Co-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]
| 2001 | FounderSource [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]
| 2000 to now | OwnerSource [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]
| 1995 to 1999 | Co-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]
| 1983 to 1990 | FounderSource [1]Source [22]Source [28]Source [23] | Acquired |
Milestones
- 2026-07Harbinger Sports Partners, which he leads as general partner and president, bought a minority stake in MLB's Athletics.Source [14]
- 2025-05Made his final regular appearance on Shark Tank as the show's 16th season ended.Source [2]Source [10]
- 2024-09Won the Emmy for Outstanding Structured Reality Program as an executive producer of Shark Tank.Source [2]Source [11]
- 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]
- 2022-01Mark Cuban Cost Plus Drug Company launched its online pharmacy.Source [12]Source [2]
- 2019-09Sold a majority interest in AXS TV and HDNet Movies to Anthem Sports & Entertainment.Source [20]Source [24]
- 2015Gave Indiana University $5 million to launch the Mark Cuban Center for Sports Media and Technology.Source [3]
- 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]
- 2012-07Relaunched HDNet as AXS TV with AEG, CAA and Ryan Seacrest.Source [21]Source [23]
- 2011-06The Mavericks won the NBA championship.Source [7]Source [2]
- 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]
- 2001Started HDNet, an all high-definition TV network, with Phil Garvin and Todd Wagner.Source [2]Source [21]
- 2000-01Bought the Dallas Mavericks from Ross Perot Jr. for $285 million.Source [7]Source [2]
- 1999Sold broadcast.com to Yahoo in a stock deal valued at about $5.7 billion.Source [5]Source [6]
- 1998-07broadcast.com went public on Nasdaq under the symbol BCST.Source [4]
Boards, investments and other roles
| Organization | Role | Years |
|---|---|---|
| Harbinger Sports PartnersInvestor | General partner and presidentSource [14] | 2026 to now |
| Shark Tank (ABC)Media | Investor (Shark) and executive producerSource [2]Source [10]Source [11] | 2011 to 2025 |
| 2929 Productions / 2929 Entertainment (Magnolia Pictures, Landmark Theatres)Media | Co-owner with Todd WagnerSource [2]Source [1]Source [28] | |
| Dallas MavericksBoard | Alternate governorSource [9]Source [8] | 2023 |
| Fallen Patriot FundNonprofit | FounderSource [28] | 2003 |
| Mark Cuban Center for Sports Media and Technology, Indiana UniversityNonprofit | Founding donor ($5 million gift, 2015)Source [3] | 2015 |
Education
- Indiana University, Kelley School of Business, Bachelor's degreeSource [3]Source [1]Source [22]
- University of Pittsburgh, No degree (attended one year before transferring)Source [28]
Books
- How to Win at the Sport of Business: If I Can Do It, You Can Do ItSource [31]Source [32]
Honors
- Emmy Award, Outstanding Structured Reality Program (Shark Tank, as executive producer)Source [2]Source [11]
- Texas Business Hall of FameSource [22]Source [2]
- Horatio Alger AwardSource [2]Source [1]
- SXSW Hall of FameSource [2]Source [1]
- Ernst & Young Entrepreneur of the YearSource [2]Source [1]
Links
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Claim this profileSources
- Mark's Bio, Mark Cuban Companies. Accessed Oct 2, 2026.
- Biography: Mark Cuban, Shark on ABC's "Shark Tank" (2024-2025), ABC (Disney Entertainment press materials). Accessed Oct 2, 2026.
- Former Cuban Center interns making splash in virtual reality industry, Indiana University (News at IU), 2020-02-04. Accessed Oct 2, 2026.
- broadcast.com inc. Form 10-K405 for fiscal 1998, U.S. Securities and Exchange Commission (EDGAR), 1999-03-30. Accessed Oct 2, 2026.
- Yahoo! Acquires Broadcast.com for $5.7 Billion, InternetNews, 1999-04-01. Accessed Oct 2, 2026.
- Yahoo! completes acquisition of broadcast.com, Telecompaper. Accessed Oct 2, 2026.
- Dallas Mavericks, Texas State Historical Association Handbook of Texas. Accessed Oct 2, 2026.
- 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.
- NBA board of governors unanimously approve Mark Cuban's majority stake sale of Mavericks, CBS Sports, 2023-12-27. Accessed Oct 2, 2026.
- Mark Cuban says he's leaving 'Shark Tank' after season 16: 'It's time', ABC News, 2023-11-28. Accessed Oct 2, 2026.
- Shark Tank: awards and nominations, Television Academy. Accessed Oct 2, 2026.
- 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.
- 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.
- Cuban's investment group purchases minority stake in Athletics, ESPN (The Associated Press), 2026-07-23. Accessed Oct 2, 2026.
- Cost Plus Drugs, Wikipedia. Accessed Oct 2, 2026.
- Mark Cuban, Wikipedia. Accessed Sep 28, 2026.
- Mark Cuban Cost Plus Drug Co. Tops Out Its Deep Ellum Facility, Dallas Innovates, 2022-02-02. Accessed Oct 2, 2026.
- 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.
- Mark Cuban Sells HDNet Cable Channels to Anthem Sports, Steve Harvey, Variety, 2019-09-09. Accessed Sep 28, 2026.
- 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.
- AXS TV, Wikipedia. Accessed Oct 2, 2026.
- Mark Cuban, Texas Business Hall of Fame. Accessed Oct 2, 2026.
- Mark Cuban's Biggest Wins and Losses, ABC News. Accessed Oct 2, 2026.
- Anthem Sports acquires majority interest in AXS TV & HDNet Movies, POST Wrestling, 2019-09-09. Accessed Oct 2, 2026.
- 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.
- 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.
- How Mark Cuban started with just $60 in his pocket and became a billionaire, CNBC, 2017-07-05. Accessed Sep 28, 2026.
- Mark Cuban (Research Starters), EBSCO. Accessed Oct 2, 2026.
- Litigation Release No. 22855: Securities and Exchange Commission v. Mark Cuban, U.S. Securities and Exchange Commission, 2013-10-23. Accessed Oct 2, 2026.
- SEC Files Insider Trading Charges Against Mark Cuban, U.S. Securities and Exchange Commission, 2008-11-17. Accessed Oct 2, 2026.
- 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.
- How to Win at the Sport of Business, Diversion Books. Accessed Oct 2, 2026.