Despite having enough money to retire early and enjoy life, the millionaire continued to build wealth. In 1995, he invested in a company with fellow Indiana alum Todd Wagner and started AudioNet.
The idea was to listen to the Indiana Hoosier games online. However, it grew and succeeded wildly, including streaming the first Victoria’s Secret annual runway show.
After being renamed Broadcast.com, the company went public, and the stock reached a new all-time high. One year later, Wagner and Cuban sold the company to Yahoo for $5.7 billion in Yahoo stock.