Latest news with #MarkCuban
The Independent
5 hours ago
- Business
- The Independent
Mark Cuban reveals why he turned down Kamala Harris's VP offer in 2024
Billionaire entrepreneur Mark Cuban has revealed that Kamala Harris invited him to submit vetting materials in order to be considered as her running mate last year, but he declined. In an interview with The Bulwark 's Tim Miller on Thursday, the host asked the former Shark Tank reality TV personality about rumors linking him to the failed Harris campaign. 'There was some green room gossip at MSNBC,' Miller said. 'You ready for this? You ready? I wouldn't tell you this if it wasn't pretty good. Somebody I kind of trust said that they asked you to send in VP vetting papers and you said, 'No, the list would be too long.' Is that true?' 'It is true,' replied Cuban, who once supported Donald Trump but remained a prominent Harris supporter throughout the 2024 campaign while denying harboring any ambition to serve in her cabinet should she win. 'Why didn't you consider, I mean, you ended up there campaigning with her, advising her,' Miller asked. The Dallas Mavericks owner replied: 'The second part of that, my response was I'm not very good as the number two person. And so if the last thing we need is me telling Kamala, you know, the president that, no, that's a dumb idea. Right. And I'm not real good at the shaking hands and kissing babies.' Harris ultimately chose Minnesota Gov. Tim Walz as her vice presidential nominee from a final three that also included Pennsylvania Gov. Josh Shapiro and Arizona Senator Mark Kelly. Walz initially enjoyed success with his attack on Trump and JD Vance, labeling them as 'weird,' and offering a friendly, folksy, blue-collar alternative that ultimately proved insufficiently appealing to prevent a Republican win. Miller told Cuban that he had sold himself short with that negative assessment of his own qualities. 'I don't know about that. I mean, I was talking to Pete Buttigieg a couple of weeks ago and I was like… I want to, you know, give you a time machine. We're going to go back in a DeLorean. Like, what can we do different?' he said. 'So I want to ask you that same question, but also in the context, like if it was you instead of Tim Walz, who the hell knows? I don't know. It feels maybe different. It feels maybe different.' Cuban responded: 'I mean, obviously it would have been different. My personality is completely different than Tim's. My experiences, my backgrounds are completely different. I think I've cut through the s*** more directly. I'm not a politician. And so it would have been different, but it would have been awful. 'She would have fired me within six days!' he joked. 'It would have been better than the present situation, you know?' Miller insisted. 'Well, yes, that's true. But, you know, I really thought she was going to win,' Cuban answered. The interviewer concluded: 'Here's why I want to pick on that. And I know you don't want the clip here. You're like, 'We would have won if Mark Cuban was VP.' And I get that. I don't even know if I believe that, but maybe. 'I think it would have been meaningfully different in a way that like picking Josh Shapiro or whatever wouldn't have been meaningfully different in a way that's kind of hard to predict.'
Daily Mail
11 hours ago
- Business
- Daily Mail
NBA team owner Mark Cuban reveals he rejected stunning offer from Kamala Harris ahead of election loss to Trump
NBA team minority owner Mark Cuban has revealed that Kamala Harris ' ticket for last November's election could have looked very different. The former Shark Tank personality, who owns a 27 percent stake in the Dallas Mavericks, has shared that the former Vice President had reached out to him amid last year's Race to the White House. The 66-year-old claimed that Harris' team had asked him to submit vetting materials to be considered for her running mate in the 2024 campaign. But Cuban, despite being outspoken in his opposition of Donald Trump, surprisingly turned the Democratic hopeful down. The Bulwark's Tim Miller quizzed Cuban on the rumor Thursday, asking: 'Somebody I kind of trust said that they asked you to send in VP vetting papers and you said, "No, the list would be too long." Is that true?' Cuban, who campaigned for Harris, admitted that it was before going on to explain why he passed over the offer. Talked to @mcuban for tomorrow's pod and he tells me he declined an offer to be vetted for Kamala VP. What might have been! We also discuss the fallout of his decision to sell the Mavs but gotta wait til tomorrow for that. — Tim Miller (@Timodc) June 20, 2025 'The second part of that, my response was I'm not very good as the number two person. And so if the last thing we need is me telling Kamala, you know, the president that, no, that's a dumb idea. Right. And I'm not real good at the shaking hands and kissing babies,' Cuban added. Harris ultimately selected Minnesota Governor Tim Walz as her running mate but was defeated at the ballot box by Trump and Vice President JD Vance. 'I mean, obviously it would have been different,' Cuban added. 'My personality is completely different than Tim's. My experiences, my backgrounds are completely different. 'I think I've cut through the s*** more directly. I'm not a politician. And so it would have been different, but it would have been awful,' Cuban joked, 'She would have fired me within six days.' 'It would have been better than the present situation, you know?' Miller retorted. 'Well, yes, that's true. But, you know, I really thought she was going to win,' Cuban replied. Cuban hit out at Trump in the build up to last year's election, taking aim at the president's golf game in an email to 'I can out drive him by 100 yards,' the 66-year-old Cuban wrote of the 78-year-old Trump in an email to It came after Trump had bizarrely claimed that Cuban has 'really low clubhead speed' and is 'a total non-athlete.' Typically Cuban has attacked Trump's business acumen, understanding of tariffs, and his failure to hold his 2016 campaign promise of building a border wall and making Mexico pay for it. 'This man has so little understanding of tariffs, he thinks that China pays for that. This is the same guy who also thought that Mexico would pay for the wall,' Cuban told an audience in the battleground state of Wisconsin. 'Did Mexico pay for that wall?,' Cuban asked the crowd, who responded, 'no.' In addition to his bitter tiff with the president over their golf games last October, Cuban has been highly critical of Trump. The entrepreneur campaigned for Harris in the buildup to her ultimate defeat at the ballot box last November and took aim at Trump's inner circle. 'Donald Trump – you never see him around strong, intelligent women, ever. It's just that simple,' Cuban said on The View last November. 'It's just that simple. They're intimidating to him. He doesn't like to be challenged by them,' Cuban added. Trump's national press secretary Karoline Leavitt said the comments were 'extremely insulting to the thousands of women who work for President Trump, and the tens of millions of women who are proudly voting for him.' Cuban later apologized, saying he 'didn't get it out exactly the way I thought I did.' In August of last year, the wealthy 'shark' made it clear that his support had shifted from Trump to Harris after 'he got to know him,' according to Business Insider. 'I actually started off supporting Donald, and then I got to know him better,' Cuban told Vivek Ramaswamy, a former Republican presidential candidate, during an interview last year. 'I was like, he's great - he's not a typical Stepford candidate. I thought that was a positive,' he added. 'But then I got to know him.' However, he was one of the first members of Camp Kamala to publicly concede defeat on election night, sending a message of congratulations to Trump The businessman sold a majority ownership of the Mavericks for $3.5 billion to the Adelson family in December 2023. Cuban still holds a 27 percent stake in the team.
Yahoo
a day ago
- Business
- Yahoo
Robert Kiyosaki Says Don't ‘Work for Money' — Do This Instead
Most of us work for the explicit purpose of making money, but 'Rich Dad Poor Dad' author Robert Kiyosaki said that this is not what we should be looking to get out of work. Learn More: Read Next: 'When you work just for money, you become a slave to your job — stuck in the rat race, living paycheck to paycheck,' he wrote on Instagram. Here's why he believes working for money is a mistake, and what you should be doing instead. Kiyosaki believes that many of us approach our jobs with the wrong motivation, and that this behavior is stopping us from building wealth. 'Are you working for money? Or working to learn?' he wrote on Instagram. 'Most people chase paychecks, but the rich chase knowledge.' Working for money keeps you trapped in a paycheck-to-paycheck cycle, Kiyosaki said. 'But when you work to gain skills, connections and experience, you build the foundation for true wealth,' he wrote. Find Out: If you want to achieve financial freedom, focus on what you can learn at your job rather than on how much you are getting paid, Kiyosaki said. 'The rich don't work for money,' he wrote. 'They make money work for them. Stop trading time for dollars. Start working for knowledge. That's the real path to financial freedom.' Kiyosaki isn't the only financial expert who believes the real value of a job is how much you can learn from it. In a post on Bluesky, serial entrepreneur Mark Cuban shared his career advice for new college grads looking for their first jobs out of school, and it echoed a lot of Kiyosaki's sentiments. 'I tell every kid that asks that you paid money to learn. Now it's time to get paid to learn,' he shared. 'You don't need a perfect job. You need to be the best as you can at your job. People like jobs they are good at, but you are always a free agent. You can always be looking and learn more in a new job.' More From GOBankingRates How Far $750K Plus Social Security Goes in Retirement in Every US Region This article originally appeared on Robert Kiyosaki Says Don't 'Work for Money' — Do This Instead
Business Insider
a day ago
- Business
- Business Insider
How business leaders like Jeff Bezos and Mark Cuban feel about work-life balance
Many CEOs and business leaders have shared their thoughts on work-life balance. Some support it while others call it a hindrance to success. Here's what some of the biggest names in business make of work-life balance. How do you juggle your personal life with your work? Just about everyone has an opinion on work-life balance, including CEOs. Some business leaders see it as an important equilibrium to maintain, while some outright hate the idea. Here are some top business execs' takes on work-life balance. Mark Cuban says, "There is no balance" for incredibly ambitious people On a recent episode of "The Playbook," a video series from Sports Illustrated and Entrepreneur, billionaire entrepreneur and former "Shark Tank" star Mark Cuban said, "There is no balance" for the most ambitious people. "People are like, 'I need a work-life balance,'" he said. "If you want to work 9-to-5, you can have work-life balance. If you want to crush the game, whatever game you're in, there's somebody working 24 hours a day to kick your ass." Leon Cooperman encourages young workers to "love what you do," but remember there's more to life than work Billionaire investor and hedge fund manager Leon Cooperman said in a recent interview with Business Insider that there's more to life than hustling. "I've been married 61 years to the same woman," he said, adding that his greatest success in life is that "my kids still come home." "Love what you do — it's too demanding and difficult not to," the Wall Street veteran said. "Pursue it with a passion," he continued. Cooperman said that while he spent 25 years at Goldman Sachs, it never felt like work because he enjoyed it so much. Jeff Bezos says work and life should form a circle, not a "balance" In 2018, Amazon founder Jeff Bezos said that workers should aim for work-life harmony, not "balance," at an event hosted by Business Insider's parent company, Axel Springer. Bezos also called the concept of work-life balance "debilitating" because it hints that there's a trade-off. Bezos said that it's not a work-life balance, but "it's actually a circle." Bezos said that if he feels happy at home, then it energizes him and makes him more productive at work, and vice versa. Satya Nadella thinks you should focus on "work-life harmony" Microsoft 's CEO also thinks that "work-life balance" isn't the goal. Instead, he says to focus on work-life "harmony." In 2019, he shared his thoughts with the Australian Financial Review, saying he used to think that he needed to balance relaxing and working. But he's since shifted his approach, aligning his "deep interests" with his work. TIAA's CEO thinks the entire concept is a "lie" "Work-life balance is a lie," TIAA CEO Thasunda Brown Duckett said in a 2023 fireside chat. Brown Duckett has previously said she used to struggle with guilt and balancing her demanding job with being a mother. Brown Duckett says that she views her life as a "portfolio," and that she takes time to perform different roles like mother, wife, and business executive. Though she may not always physically be with her children, she says she strives to be fully present during the time she is able to spend with them. Ex-Google CEO Eric Schmidt said work-life balance was why Google was behind in AI — then walked back the comments Former Google CEO Eric Schmidt criticized Google's remote work policy and work-life balance during a lecture at Stanford University in 2024, saying these were contributing factors to the company trailing behind startups like OpenAI on artificial intelligence. "Google decided that work-life balance and going home early and working from home was more important than winning," the former Google exec said in a recording of the lecture that was posted online in August. "And the reason the startups work is because the people work like hell." He added that those looking to start successful companies today are "not going to let people work from home and only come in one day a week if you want to compete against the other startups." After his comments gained attention, Schmidt walked back the comments. Arianna Huffington says you shouldn't have to choose between work and life Arianna Huffington, founder of Thrive Global and HuffPost, told Great Place to Work that we shouldn't view productivity and relaxation as two opposing forces. Huffington said that when one area of your life improves, the other does as well. Huffington said employees should focus more on "work-life integration" since "we bring our entire selves to work." Still, Huffington believes that your personal life should always come first. "While work is obviously important and can give us purpose and meaning in our lives, it shouldn't take the place of life," she said. "Work is a part of a thriving life, but life should come first." Don't expect a work-life balance if you work for Elon Musk Elon Musk is a known workaholic, and he expects those who work beneath him to be as well. In 2022, just after Musk took ownership of X, formerly Twitter, he sent out an email to employees telling them to either dedicate their lives to working or leave the company. Musk reportedly made X employees work 84 hours a week. While some people think remote work improved their work-life balance, Musk has often criticized it and called it "morally wrong." According to Walter Isaacson's biography of him, Musk would stay at the office overnight and shower at the YMCA when he joined the workforce in 1995. Musk has continued the habit while working at Tesla and buying Twitter, often spending the night at work. In 2018, Musk said that he works 120 hours a week, amounting to 17 hours a day. Jack Ma has also actively endorsed long work hours One of China's richest men, Alibaba cofounder Jack Ma in 2019 expressed his support for the controversial "996" work system in many Chinese workplaces, which refers to working from 9 a.m. to 9 p.m., six days a week. He's called "996" culture a "huge blessing" for younger workers. "Many companies and many people don't have the opportunity to work 996," he said in 2019. "If you don't work 996 when you are young, when can you ever work 996?" "If you find a job you like, the 996 problem does not exist," he added. "If you're not passionate about it, every minute of going to work is a torment."
Yahoo
2 days ago
- Business
- Yahoo
Mark Cuban Floats Bold Healthcare Plan: 'Zero Premiums To Insurance Companies' With A Cash-Pay Revolution
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Billionaire entrepreneur Mark Cuban has proposed a bold plan to revolutionize the U.S. healthcare system, eliminating traditional insurance premiums and introducing transparent pricing. What Happened: Cuban's recent proposal, posted on social media platform X, comes amid growing frustration with insurance clawbacks and escalating costs, spotlighted by a viral video from an American surgeon exposing insurer malpractices. Cuban's plan allows patients to select cash-pay providers who disclose prices upfront. "I would allow patients to pick whatever cash pay provider that honors their published price," he wrote, proposing that patients pay what they can afford, with taxpayers covering the rest. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Repayments would be deducted from paychecks, capped at 10%, with unpaid debt forgiven after 15 years. "There would be zero premiums to insurance companies," he added, replacing them with a $400–500 monthly family re-insurance fee, capping annual expenses at $50,000. The proposal also targets Pharmacy Benefit Managers (PBMs), aiming to eliminate their role in drug pricing. "No PBMs. No health care from employers," Cuban stated, drawing on his success with Cost Plus Drugs, which has slashed prescription costs by up to 80% since 2022. Medicare and Medicaid would adopt net pricing for medications, enhancing affordability. Why It Matters: Cuban has been a critic of the insurance sector for quite some time. In a recent appearance at the Stanford University Department of Medicine, he laid out exactly how he thinks insurance companies are rigging the system. He argues that insurers manipulate plans annually, prioritizing low premiums while subtly increasing out-of-pocket costs. This steers patients toward seemingly affordable high-deductible plans that prove disastrous during illness. "Depending on what's going on in the economy, those patients, particularly as they skew a little younger or a little poorer, take low-premium, high-deductible plans," Cuban said. "Which is good for the insurance companies. You know who it's not good for? You guys." By "you guys," Cuban meant the doctors and hospitals who end up taking on the financial risk. If a patient can't pay the deductible, the insurer has already gotten its money, but the provider hasn't. "And you also take on the brand and reputational risk... Did you cause the problem? No,' Cuban added. Read Next: In terms of getting money back, these bank accounts put traditional checking and savings accounts to shame. Maximize saving for your retirement and cut down taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. Photo Courtesy: Kathy Hutchins On Shutterstock This article Mark Cuban Floats Bold Healthcare Plan: 'Zero Premiums To Insurance Companies' With A Cash-Pay Revolution originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
