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How billionaire tech investor Mark Cuban became the 'luckiest guy in the world'

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mark cuban champMark Cuban became a billionaire in 1999 when he sold his company, Broadcast.com, to Yahoo for $6 billion.

His net worth is now estimated at $3 billion, and he has numerous mansions, private planes, and sports cars to his name. 

He also owns the Dallas Mavericks, who brought the NBA championship home in 2011.

"I'm the luckiest guy in the world," Cuban said at Business Insider's IGNITION conference. "I only have to do what I want to do. I only have to do what I like to do."

Cuban has been a businessman since the beginning. When he was a senior at Indiana University, he and a friend bought a bar called Motley's in downtown Bloomington. It was eventually shut down after they named an underage girl the winner of a wet t-shirt contest held on the premises.

 



Cuban sold his first company, a consulting firm called MicroSolutions, to CompuServe in 1990. Next, he decided to pay $125,000 for an American Airlines lifetime pass, which let him fly first-class anywhere in the world. "I got as drunk as I could with as many people as I could meet," he told the Financial Times.

Source: FTEsquire

 



But Cuban really made it big when Yahoo bought Broadcast.com, a live audio and video streaming site Cuban founded with friend Todd Wagner. The deal, finalized in 1999, was valued at nearly $6 billion.

Source: Esquire

 



See the rest of the story at Business Insider

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