Hi there — if you’ve ever wondered whether all those deals on Shark Tank paid off for the Sharks, especially for Mark Cuban, here’s a number that might catch you off guard: he invested about $33 million on the show, and now those deals are worth a whopping $250 million.
Let me walk you through it.
Cuban’s final swim in the tank
After 15 seasons on ABC’s Shark Tank, Mark Cuban is officially out. His final episode aired recently, and it marked the end of an era. Over the years, you probably saw him back big ideas and passionate entrepreneurs. But investing isn’t always predictable — some bets pay off, others don’t.
Still, by the time Cuban stepped away, he said he was leaving with a portfolio that had “crushed it.”
The Numbers: More Than Just TV Drama
Cuban told CNBC Make It that he invested around $33 million during his run on the show. In return, he says he’s already received up to $35 million in cash. But that’s not the real jaw-dropper.
What matters is the mark-to-market value — basically, what his current holdings are worth if sold today. According to Cuban, that number is at least $250 million. That means even with some deals falling through or losing money, the overall value of his investments skyrocketed.
“I’m f—ing crushing it on the market,” Cuban told Fortune in January.
Not all on-screen deals go through
On the show, Cuban agreed to invest up to $61.9 million in over 200 deals, based on data from Shark Tank Insights. But here’s something you might not know: just because a deal happens on camera doesn’t mean it closes later. After due diligence, some deals fall apart.
So Cuban’s real total investment—$33 million — only reflects those that went through.
Why Cuban invested (It wasn’t always about the money)
Interestingly, making money wasn’t always his top priority. In a 2022 tweet, he said:
“I don’t do the show to get the best investments. And I don’t always invest because I think I’ll make money.”
Sometimes, he invested just to support an entrepreneur or to promote a cause, like plant-based eating, which fits with his vegetarian lifestyle.
Even back then, he admitted he was at a net loss on a cash basis. But now? The picture’s completely flipped.
What he looks for in entrepreneurs
If you ever dreamed of pitching to Cuban, here’s what he looks for: grit.
Back in 2011, he said he’s most drawn to entrepreneurs who “put their heart, soul, and everything they have” into their business — people who are all in and just need that final push.
But make no mistake: the more money he’s investing, the more carefully he weighs the risks. As he said, putting in $10,000 is one thing. Putting in $1 million? That’s a whole different story.
So what’s the bottom line? Mark Cuban may have started out doing Shark Tank for more than just profit, but 15 seasons later, he’s walking away with an investment portfolio that surprised even him.