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Billionaire Mark Cuban Says He Got Rich And Drunkenly Bought A $125K American Airlines Lifetime Pass -‘I Called Them Up And Just Slurred My Words’
Barchart.com • • business
Key Points:
- Billionaire Mark Cuban’s first major splurge after selling his software company was purchasing a lifetime American Airlines AAirpass, granting him unlimited flights for life, reflecting his belief that time is the most valuable asset.
- Cuban bought the pass for around $125,000, viewing it as a practical investment that saved him time and allowed greater flexibility for frequent business travel, rather than a luxury item.
- The pass enabled Cuban to travel spontaneously and efficiently, helping him focus more on building businesses instead of dealing with travel hassles.
- He later transferred the pass to his father and then a friend; American Airlines discontinued the lifetime AAirpass program due to financial losses from heavy use by frequent travelers.
- Cuban’s story highlights that smart investments are those that create opportunities and save time, underscoring his philosophy that entrepreneurs cannot make more time but can use it more wisely.
