Multibillionaire Mark Cuban drove around in a surprisingly low-key car back before he became rich.
The Shark Tank star, who was born in Pittsburgh, always had his eyes on the prize when it came to becoming an entrepreneur.
Even at a young age, he took on numerous ventures such as selling garbage bags and delivering newspapers during strikes.
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Mark Cuban lived as frugally as possible when he was young
As he and his wealth grew, Cuban refused to splurge and would instead live as frugally as possible.
“I did things like having five roommates and living off macaroni and cheese, I was very, very frugal,” Cuban told money.com in 2017.
While some billionaires like to flash their cash on high-end car collections, others do things a little differently – such as Apple co-founder Steve Jobs who would get a new Porsche 911 every six months to avoid having to get license plates.
Meanwhile, Cuban was more than happy to drive around in a series of dirt cheap motors in his younger years, with his mind-set on the longer term gains.
He was happy to drive the ‘worst possible car’
“I had the worst possible car – those types of things,” he added.
And if you’re wondering what Cuban deems the ‘worst possible car’, he went on to reveal he drove a Fiat X1/9, complete with a hole in the floorboard, and 1996 Buick LeSabre – refusing to part with much cash for either vehicle.
In fact, the path to ending up with the Fiat is a pretty wild story in itself. Cuban revealed that he found it abandoned, and trashed, at the roadside with loan papers scattered across the backseat.
Realizing it had been dumped, Cuban took one of the loan papers, contacted the bank and offered to take over the payments.
The bank agreed to his somewhat unorthodox offer and he ended up getting the car for just a few hundred dollars. Talk about thinking outside the box.
“I didn’t have car that cost more than $200 until I was 25, I think,” he said.
“It was crazy, but that was my decision. I was determined to save money. I was determined to be able to retire.”
Fair enough.
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