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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Real Life Schitt's Creek? Why Mark Cuban Bought A Random Texas Town For $20M And His Plans For It

Mark Cuban wants to transform Mustang town into a Jurassic Park-like attraction. (Screenshot: Instagram/mcuban)

When billionaires splash their cash, it often results in extravagant yachts, private jets, or even entire islands. Mark Cuban, the billionaire investor and popular star of the television show 'Shark Tank', is no stranger to lavish purchases—owning assets like a Gulfstream jet and the Dallas Mavericks basketball team. However, he took his investments a step further, making headlines by purchasing an entire American town.

Appearing on 'The Drew Barrymore Show', Cuban revealed he had bought a small town called Mustang in Texas for approximately £15.44 million ($20 million). Cuban explained his unusual investment decision with characteristic simplicity, saying he bought Mustang because it was 'the only town in Texas available for sale'.

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