Mark Cuban drunkenly called American Airlines after selling his first company—and bought a lifetime flight pass for $125,000 [CNBC]
American Airlines Group, Inc. (AAL)
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Source: CNBC
It 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,” he told the “Club Shay Shay” podcast last week. “They're like, ‘What do you think you're going to do with all this money?' And I'm like, ‘I don't care about cars or houses, but boy, you know, I fly a lot for work.'” Cuban didn't know if lifetime flight passes even existed, he said, but he grabbed a phone and dialed up American Airlines anyway. “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.” The AAirpass, which debuted in the early 1980s, gave members unlimited first-class travel with the carrier fo
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