Mark Cuban Shares The Key Thing You Must Have In Order To Become A Billionaire: 'Any Billionaire Who Tells You They Could Just Do It Again, No'

In an interview with WIRED released this week, billionaire entrepreneur and Dallas Mavericks owner Mark Cuban delved deep into a myriad of subjects, from the unpredictability of achieving billionaire status to the evolving landscape of cryptocurrencies and non-fungible tokens (NFT).

What Happened: Cuban candidly highlighted the importance of luck when it comes to achieving billionaire status.

"The reality is, in order to become a billionaire, the one thing you have to have is luck. Any billionaire who tells you they could just do it again, no. You have to be lucky." Cuban said.

He also emphasized that "billionaires should pay more in taxes," adding, "I would not be in this position without this country. One of the most patriotic things that you can do when you're wealthy is pay your taxes."

Also Read: Mark Cuban Reveals The One Reason Why He Avoids Yachts, Butlers And Chauffeurs

When asked about maximizing returns with limited resources, Cuban underscored the ability to sell. 

Shifting gears to the tech realm, Cuban spotlighted the latent potential of gadgets like Alexa and the progressive capabilities of advanced language models, hinting at lucrative entrepreneurial avenues for those who are tech-savvy.

On the cryptocurrency front, Cuban drew an analogy between the crypto industry and the iPhone, suggesting, "Crypto is still waiting for its Instagram moment."

The billionaire also shared his thoughts on the NFT domain, cautioning against impulsive acquisitions.

Now Read: How Mark Cuban Avoids Wasting Time At Work: Things He'll Do Only If 'There's No Other Way'

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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