Mark Cuban, worth nearly $6 billion, made hundreds of private equity investments, still owning a minority stake in the Dallas Mavericks. He’s also been successful in public stocks over the last five years, undisclosed due to private status, estimated through interviews and public information.
Cuban’s investment in Live Nation Entertainment during the pandemic paid off as the stock soared over five years. Investing $5,000 with him would have grown to nearly $16,850 today, tripling your money. Cuban’s Netflix investment also saw growth, turning $5,000 into around $12,050 in five years.
A decade ago, Cuban invested over $1 billion in Amazon stock, which has performed well in recent years despite interest rate hikes. Joining him with $5,000 five years ago would have yielded over $7,300. He also backed cryptocurrency company Injective, with early investors seeing a 1,366% return on investment.
Dogecoin, accepted by Cuban for Dallas Mavericks tickets, became valuable in 2021. Buying before the hype for $0.003 per token would have turned $5,000 into 1,666,666.67 DOGE, now worth around $500,000. These investments showcase Cuban’s success and foresight in various markets.
Read more at Yahoo Finance: If You Had Invested in These Mark Cuban-Backed Companies 5 Years Ago, Here’s How Much You’d Have Today