Please verify

Blaze Media
Watch LIVE

Billionaire Mark Cuban says he's considering a run for the White House in 2020

Billionaire and Dallas Mavericks owner Mark Cuban said that he's considering running for president in 2020, but “the odds are strongly against it because my wife would divorce me.” (Justin Sullivan/Getty Images)

Billionaire and Dallas Mavericks owner Mark Cuban told CNBC's Fast Money  on Tuesday that he's actively considering running for president in 2020.

Cuban has previously indicated an interest in running for president, including at a celebrity game during the NBA’s All-Star Weekend in February, when he playfully wore a jersey with the number “46” on it, the Washington Post reported.

Why does Cuban want to run?

"Based off what's happening in the White House, based off what's happening in the country and the world, we need better leadership. And I think I could do a better job," Cuban said, according to CNBC.

What are the odds he'll really run?

“The odds are strongly against it because my wife would divorce me,” said Cuban, who is one of the investors on the TV show, "Shark Tank," to CNBC. “It‘s more of a family issue than any other issue.”

"It's about 90 percent it doesn't happen because family first," he said to CNBC.

A lot can happen in the next three years, Cuban told CNBC. If a candidate emerges who could do a better job than him, he said he would support that person.

Is being president his dream job?


"It's not my all-time dream to be president of the United States." Cuban said in the interview.

Where does he stand on some of the issues?

●  Politicians should either reduce the payroll taxes to help middle-class Americans and get companies to commit to increasing wages if they get a tax cut, Cuban told CNBC.

● State income taxes are needed for the general fund, he said. Some states, such as Texas, do not have a state income tax. Cuban said all states should have it.

● He supports simplifying the tax code.

●  Every person in this country should be covered 100 percent for chronic physical or mental illness and for any life-threatening injury, he wrote on his blog, Blog Maverick.

What else?

"But there's a lot more to it than just thinking you can do a better job, and so I'm not ready to make the commitment," Cuban admitted to CNBC.

Cuban was critical of President Donald Trump during the 2016 presidential campaign and has been a vocal opponent since the election. He specifically opposed Trump's decision to withhold tax information and his lack of transparency involving his business ventures. Cuban said that the United States and the world need stronger leadership at this time, Fox News reported.

Most recent
All Articles