"Before becoming a billionaire entrepreneur and investor, Mark Cuban lived with five roommates in a 3-bedroom apartment and shopped for groceries at midnight to save money. And now, he's just revealed that being thrifty was one of the key drivers to building his first business. When a user online asked his best investment of all time, The Shark Tank star replied it was "living like a student long after college so that I could start my business.""
"Some of those habits included driving $200 cars (one of which had a hole in the floorboard), sleeping on the "couch or floor" because he didn't pay to have his own bedroom, and wearing one of two polyester suits he bought for job interviews-for a grand total of $99. Today, Cuban has an estimated net worth of $6 billion and lives in a 24,000‑square-foot mansion in Dallas. But you won't catch him wasting money on butlers or a chauffeur."
Mark Cuban maintained extreme frugality after college by living with roommates, shopping at midnight, and delaying personal comforts to accumulate startup capital. He used inexpensive cars, slept on shared furniture, and reused a couple of cheap suits to minimize expenses. Cuban sold Microsolutions at age 32 for $6 million and later sold Broadcast.com to Yahoo for over $5 billion in stock, building substantial wealth. Despite an estimated $6 billion net worth and a large Dallas mansion, he continues to do chores, drive himself, and keep long-standing friendships. Current focuses include Cost Plus Drugs, co-ownership of the Dallas Mavericks, and continuous learning, including adapting to AI.
Read at Fortune
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