Despite recent speculation, billionaire entrepreneur Mark Cuban has emphatically stated that he has no plans of running for President of the United States. The rumors began to circulate after Cuban sold a majority stake in the NBA’s Dallas Mavericks.
Key Takeaway
Mark Cuban has debunked rumors of his potential presidential run in 2024, stating that it is highly unlikely and that his family’s priorities come first.
In response to the speculations, Cuban made it clear that a presidential campaign in the upcoming 2024 elections is “galaxies off” and that there is “no chance” he is attempting to campaign his way into the White House. He even jokingly added that his family would disown him if he were to embark on such a path.
Cuban has consistently prioritized his family over career ambitions, recently announcing his departure from the hit show “Shark Tank” after 16 seasons to dedicate more time to personal matters. Taking on the role of President, widely regarded as one of the busiest jobs in the world, would undoubtedly hinder his ability to prioritize his family.
Although he has entertained the idea of running for President in the past, even expressing his desire to challenge Donald Trump as a Republican candidate in 2017, Cuban’s family ultimately voted against the idea of him running in the 2020 elections.
The renewed interest in Cuban’s potential political aspirations surfaced shortly after it was confirmed that he was selling his majority stake in the Dallas Mavericks, which is reported to be valued at a staggering $3.5 billion. The sale will allow Cuban to maintain some shares in the team while retaining decision-making authority regarding basketball operations.
As for his plans for the future, Cuban will have considerably more free time on his hands after divesting a significant portion of his stake in the Mavericks. While it remains to be seen what Cuban’s next ventures will be, it seems that the Oval Office won’t be calling his name in the near future.
