‘Shark Tank’ Fans, Mark Cuban Just Revealed Some Devastating News

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It's officially the end of an era for Mark Cuban. After over a decade of starring on Shark Tank, he just announced his plans to exit the show.

The longtime TV personality shocked viewers of the hit ABC series when he made the surprise revelation on a November 21 episode of the All the Smoke podcast. As he discussed with hosts (and former NBA players) Matt Barnes and Stephen Jackson about his time on Shark Tank, he shared his intention to leave the show after season 16, which will likely air sometime in 2024.

"This is our 15th year, and next year, our 16th year, is gonna be my last year," he commented when talking about his thoughts on continuing working alongside Kevin O'Leary, Lori Grenier, Robert Herjavec, Daymond John and Barbara Corcoran. "So I got one more year to go."

While ABC hasn't officially announced Mark's retirement from Shark Tank, the entrepreneur disclosed his gratitude toward being on a program that's so loved by viewers for so many years. What's more, he opened up about how special it's been to help forge other businesspeople's careers in a way no one would've expected.

"I feel like in doing Shark Tank all these years, we’ve trained multiple generations of entrepreneurs," he continued. "If somebody can come from Iowa or Sacramento or wherever, and show up on the carpet of Shark Tank and show their business and get a deal, it’s going to inspire generations of kids. That’s what happens, right?... We’re helping them, right? I’ve invested in, I don’t know how many hundreds of companies."

As fans of Shark Tank know, Mark became part of the group of entrepreneurs investing in projects back in season 3 (a.k.a. in 2012), after being a guest Shark for two seasons. Per Forbes, he has since invested in a number of mission-driven companies, including LuminAID and Mahmee. The outlet also notes that including his stake as the owner of the Dallas Mavericks, his net worth comes to about $6.2 billion.

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