Billionaire entrepreneur Mark Cuban says he has no plans to retire anytime soon, despite acknowledging a desire to spend more time with family. Instead, Cuban plans to shift his focus towards running his direct-to-consumer online pharmacy, Cost Plus Drugs.
These days, the 66-year-old billionaire entrepreneur and investor says he has no imminent plans to stop working. "I'm just getting started," Cuban tells CNBC Make It."There's no retirement in my book. I'll go until I drop."in the NBA's Dallas Mavericks. He's acknowledged that he'd like to spend more time with his family, but that doesn't mean he's retiring, he says.
The company's simple business model — reducing consumer costs by manufacturing drugs, or buying them wholesale, and selling them at a 15% upcharge — is profitable, but Cuban says he's more focused on the company's mission than maximizing the return on his investments. ‘How much money do you make?': Here's how to answer that question on a date, according to a dating coach, which stands for"financial independence, retire early." The idea is to embrace a frugal lifestyle and maximize your savings to retire sooner.
Broadcast.com made Cuban a billionaire when Yahoo acquired it for $5.7 billion in stock in 1999. His current net worth is roughly $5.7 billion,"Every entrepreneur the back of their mind says, 'I want to be that entrepreneur that disrupts an industry and changes it,'" Cuban told Grant."What's better than that?"Cuban's desire to work more is hardly unusual: More Americans are now working past age 75 than ever.— up from 5% in 2002.
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