Mark Cuban Bought an Entire Empty Town in Texas. Here’s the Wild Plan He Has for It
Mark Cuban bought the ghost town of Mustang, Texas, for $2M and hinted at a bold plan to turn it into a dinosaur-themed destination.
Billionaire investor Mark Cuban has made headlines by purchasing the entire town of Mustang, Texas, for approximately $2 million. This unique acquisition is particularly intriguing because it is the only town for sale in the state. Cuban’s investment goes beyond merely owning land; he envisions transforming Mustang into a creative and entertaining destination, potentially rebranded as “Dinosaur Texas.” This novel idea comes on the heels of his investment in Dino Don, a company that specializes in massive animatronic dinosaurs.
The Creative Vision Behind the Purchase
In a recent YouTube interview, Cuban discussed his plans for Mustang. To him, owning this ghost town not only represents a quirky investment but also a promising business opportunity. He was driven largely by the solid foundation laid by Dino Don, which Cuban invested in after its appearance on Shark Tank. In fact, Dino Don’s recent success shows a revenue growth from approximately $3 million to over $4 million annually, positioning it as a viable venture to drive foot traffic to the new park.
Investor Insights and Potential
- Valuable Asset: Cuban’s acquisition of Mustang is seen as not just whimsical but strategically positioned for future business ventures.
- Synergy with Dino Don: Investing in animatronic dinosaurs creates a thematic connection that could attract tourism.
- Community Impact: Transforming Mustang into a dinosaur park could rejuvenate economic activity in the area.
“We haven’t worked it through yet, but there’s a chance we might change Mustang, Texas to Dinosaur, Texas.”
– Mark Cuban
This unique venture is just one of many unorthodox investments that Cuban is known for. With the potential for significant return on investment and a community impact to boot, the excitement surrounding Dinosaur Texas is palpable. Investors should consider how such creative and bold moves might reshape landscapes in unconventional ways.
TL;DR (Too Long; Didn’t Read)
Mark Cuban bought the ghost town of Mustang, Texas for $2M with plans to transform it into a dinosaur-themed attraction powered by Dino Don.