Mark Cuban is the current owner of HDNet and well known as the NBA Dallas Mavericks owner. Mark became a billionaire by selling his dotcom company Broadcast.com to Yahoo. Worth approximately 2.8 billion dollars, he made number 133 on Forbes' "World's Richest People" in 2007. Mark, a native of suburban Pittsburgh, Pennsylvania is considered controversial on a number of issues both on and off the basketball court.
He is very passionate having paid well over $1 million in fines for lashing out at officials and referees.
SEC insider trading scandal
Mark Cuban has been named in an insider trading scandal. Accused of saving $750,000. by dumping his stake in an Internet company just after he heard confidentially that the company was about to issue low-priced shares.
Cuban had financed the anti-American movie Redacted, which flopped at the box office. It was a story of an alleged rape and murder of an Iraqi girl by U.S. soldiers.
Mark Cuban Foundation
Through the Mark Cuban Foundation, he matched 1 million dollars of his personal money with donations. All funds to be for families of U.S. military persons killed or injured during Iraq Afghanistan wars.
- Mark Cuban Biography Investing Value
- Austin American-Statesman (May 19, 2006)
- SEC Calls a Foul on NBA's Cuban, Alleges Insider Trades in Web Firm Wall Street Journal, NOVEMBER 18, 2008