Mark Cuban fires back at ‘eat the rich’ crowd — says ‘blood-sucking businesspeople’ are a ‘small minority’ Billionaire entrepreneur Mark Cuban has had enough of anti-wealthy business-owner bashing, and he’s taking his case to social media. “What about all the entrepreneurs that…
sked everything and failed?” Cuban stated in a June 20 X post (1). “Or the ones that are grinding it out, trying to build a business? You know, the ones that create more than 60 pct of the new jobs in this country
The more successful they are, the more you hate them? . . . You don’t care if they go broke?” Must Read – – – Millionaires under 43 hold only 25% of their wealth in stocks. Here’s where their money is actually going Cuban was responding to critiques from politicians and social media mavens over the recent Elon Musk/SpaceX ‘trillionaire versus the economically downtrodden’ debate.
After Musk became the world’s first trillionaire in June 2026, politicians argued that the issue wasn’t just wealth but power. “Our democracy cannot survive when one man, who contributed $290 million to get Trump elected, becomes $700 billion richer since Trump’s election,” Vermont Senator Bernie Sanders (D) said (2). Sanders was hardly alone. “Elon Musk just became the world’s first trillionaire,” noted Massachusetts Senator Elizabeth Warren (D). (3) “The typical American household would have to work more than 11 MILLION years to make Elon Musk’s level of wealth. We need a wealth tax.” Noting that 10% of people in the U.S. are entrepreneurs, Cuban said there are plenty of discussions to be had about income inequality and helping people who are struggling economically, but blaming business owners for the issue is over the top. “I’ve talked about a lot of them in my timeline,” he said in his X post. “But in reality, saying ‘Eat the rich’ will end up helping no one except maybe politicians trying to raise money.