Overview

• In 1990, Mark Cuban purchased an American Airlines lifetime flight pass for $125,000 after selling his company MicroSolutions for $6 million.
• Cuban made the purchase during a night of celebration and drinking with friends, where he impulsively called American Airlines to inquire about the pass.
• The lifetime pass, known as AAirpass, offered unlimited first-class travel and was discontinued for new members in 2022, with the program ending in 2024.
• Cuban later transferred the pass to his father and, after his father's passing, to a friend.
• Despite his wealth, Cuban advises living modestly and is known for his significant purchase of a $40 million Gulfstream G5 jet.