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America October 29, 2022 2 mins read

Mark Cuban Just Sold a Company for Billions Of Dollars, But Still Traveled on a Southwest Flight

America ı By Rochdi Rais

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Mark Cuban by Getty Images

Selling a company for billions of dollars didn’t have an impact Mark Cuban’s life. In fact, the “Shark Tank” star found traveled in the middle seat of an airplane on his way to Las Vegas to celebrate the deal.

“When I sold my company for billions of dollars, to go and celebrate, I was on a Southwest flight,” Cuban told ABC News earlier this year. “I was in the center seat facing the wrong way on the plane thinking, ‘This is just perfect.’”

In 1999, Cuban and his Broadcast.com co-founders sold their company to Yahoo for $5.7 billion in stock. However, that didn’t stop the billionaire from living a frugal lifestyle. 

“The wisest advice I ever got was ‘live like a student,’” Cuban said. “That served me a long, long time.”

That meant continuing to live a low-key lifestyle, which “took away a lot” of risk and uncertainty in his financial life. In an email to CNBC Make It, Cuban confirmed that he “didn’t change much after selling my first company” — keeping the same car, house and even furniture.

Notably, Cuban has also celebrated his financial milestones in ways that didn’t always require large amounts of spending. According to comments he made at OZY Fest in New York City in 2017, he celebrated first becoming a billionaire — in 1998, when Broadcast.com went public — by dancing in the nude.

At the time, he was sitting at a computer, repeatedly refreshing a webpage to check Broadcast.com’s stock price. “Obviously I knew exactly what the number was to become a billionaire,” he said. ″[The price] gets up there, and then I did my little naked billionaire dance.”

Today, Cuban is the world’s 247th-richest person with a net worth of $4.5 billion, according to Forbes.

 

 

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Rochdi Rais

Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.

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