Mark Cuban drunkenly called American Airlines after selling his first company—and bought a lifetime flight pass for $125,000

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After selling his first startup, entrepreneur Mark Cuban celebrated his newfound millionaire status by buying an American Airlines lifetime flight pass.

Some people send risky text messages or go sing karaoke after having a few drinks with friends. Entrepreneur and investorIt was 1990, and Cuban — age 32 at the time — had just become a millionaire by selling his software startup MicroSolutions to CompuServe for $6 million. "My buddies and I went out and just got destroyed," helast week.

"I called them up and just slurred my words, 'Do you guys sell lifetime passes?'" said Cuban, now 66. "I got all that information, hungover as hell, and I signed up. Initially, it was $125,000 and then I upgraded it. I forget how much I paid, but it gave me almost unlimited miles for me and somebody else for the rest of my life."with the carrier for the rest of their lives — for a price that depended on their age at the time of purchase.

In the years after buying his AAirpass, Cuban shared his flight privileges freely: "I'd be out in LA or Dallas like, 'You want a road trip? Let's call American Airlines.'" He eventually transferred it to his dad — and later, after his dad died, to a friend, he added." was my all-time goal because the asset I value the most is time, and that bought me time," Cubanin 2017.

 

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