Mark Cuban, owner of the Dallas Mavericks and HDNet, was listed as the 437th richest person in the world by Forbes magazine in 2004, with an estimated net worth of $1.3 billion.
Yet, an 11-month inquiry of Cuban’s holdings yields a different result: $1.3 hundred,000.
In about 40 years, Mark Cuban built an estimated net worth of $5 billion. But he is not gone broke. Below is a video explainer of how blew out on crypto.
Is Mark Cuban broke?
It might be difficult to envision Mark Cuban having financial problems. But, even the multibillionaire owner of the Dallas Mavericks and investor from ABC’s “Shark Tank” can recall what it was like to be cash strapped.
Because of this, Cuban could identify with the storyline of Shark Tank businesswoman Kaitlin Mogentale, who on Friday’s show proposed Pulp Pantry, a maker of sustainable chips.
Cuban advised Mogentale not to “feel terrible” about her past financial difficulties. Her mission-driven business ultimately became profitable after its 2015 launch, but getting there was a lengthy, arduous process.
In reality, Mogentale admitted to the Sharks that her bank account had once been approximately $1,000.