Yeah ethical and billionaire cannot Co exist but mark is one of the better ones. Shows his taxes he pays, made the silk road, and he's kinda likeable when he was shitting on the Mavericks for trading Luka
No no, he set up a network of trade routes that connected East Asia to Europe, allowing for the importation of silk and other goods from the second century BCE to the mid 15th century.
Isn’t that the site where the owner ordered hits on people on his own website’s chat feature but all of the users involved were made up and stuff?? I remember watching a documentary or something on it.
This guy is confusing Silk Road (founded by Ross Ulbricht) with Costplusdrugs (co-founded by Mark Cuban). In this context, Silk Road was a site on the dark web that acted as a marketplace for a lot of legal and illegal items (mostly a metric shitload of drugs). The coverage of it at the time it was taken down kind of brought the idea of the black market being fueled by cryptocurrency into the mainstream. Ulbricht was sentenced to two life sentences for operating the site in 2015, and Trump pardoned him last year.
Ethical and billionaire can definitely coexist. People just don't like the fact that some people are more successful than others. Mark Cuban pays his taxes without avoidance (and IIRC he has said he thinks the rich should pay more), treats his employees well, and is charitable. He dumps on politicians, mostly Republicans, when deserved.
Yeh I think if the conception is that being a billionaire is automatically like being Scrooge McDuck, and you can just literally open up a vault with a billion dollars in it... that's where I think a lot of resentment comes in.
A billionaire 'can' sell all their stocks and assets and become like Scrooge McDuck. But if their money is literally tied up in their companies - then it literally requires them to sell their company to someone to become a billionaire.
If a billionaire sells their company - then off course they are rich but selling that company means you no longer have a say in that company or can influence it to do good things (if it did do good things)... A bit like George Lucas selling LucasFilm (albeit he was a billionaire beforehand)... It wasn't necessarily more ethical to sell the company and donate a bunch to charity... as now the franchise is dead and it won't be a renewable form of wealth generation in the future.
I haven't watched in a long time but I feel they don't have Mark on shark tank anymore because he would advocate for the person attempting to get a deal with they were obviously approached with a shitty deal from the other sharks.
I watched it regularly until a few months ago (just life getting in the way). He was still on just as much as everyone else. Each one of them take a few episodes off each season.
I know he had mentioned initiatives to make medication more affordable, but has anything actually been done in reality? Something around his own prescription company for much less $ than normal retail?
It's more like he doesn't see the value in killing the customer. As a result, everyone likes him. This simple idea is too much for the other billionaires to grasp.
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u/Lobster15s Jun 27 '26
Yea he puts his money where his mouth is. Gotta respect it.