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The now-billionaire has been taking strides to safeguard hiswealthsince he made his first million.
When he was 32 years old,Cuban sold his first company MicroSolutionsfor $6 million.
This left him with approximately$2 million in after-tax profit.
Instead of going on a wild spending spree, he opted to protect his assets.
On the other hand, someone in their 60s would take amore conservative investment approach.
However, following a traditional path clearly isnt Cubans style.
When he received his $2 million payday, he wanted to hold onto it.
Unlike those people, Cuban realized wealth can be fleeting.
He made one extravagant purchase, but even that had a practical element to it.
Beyond that, he enjoyed a modest lifestyle.
Cuban bought a house around the time he became a millionaire, but not a flashy mansion.
He told Terpak his residence was the worst house in the best neighborhood.
Never one for fancy cars, he kept this outlook after becoming a millionaire.
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