Mark Cuban among 4 DFW magnates inducted into the Texas Business Hall of Fame


Mark Cuban can add another trophy to his case. He and three other Dallas-Fort Worth business moguls – John Goff, Morton Meyerson and Randall Stephenson – were recently inducted into the Texas Business Hall of Fame, honored at a dinner at the Hilton Anatole in Dallas.

Austin billionaire John Paul DeJoria, who built his fortune on premium hair care products and tequila, and Houston investment manager Gerald Smith were also inducted.

A little more on the new Hall of Fame:

Dallas billionaire Marc Cuban, of course, owns the Dallas Mavericks in the NBA, as well as chairman and CEO of AXS TV and one of ABC’s investors. Shark aquarium.

“Since the age of 12, Mark has been a natural businessman. Selling door-to-door trash bags, the seed was planted very early for what would ultimately become long-term success,” explains his biography of the Hall of fame.

His latest move is Mark Cuban Cost Plus Drug Company, a new venture designed to disrupt large pharmaceutical companies and lower the cost of prescription drugs.

Dallas Private Investor Morton Meyerson – known among other things as the namesake of the Meyerson Symphony Center – is the former CEO of Plano-based EDS and the former CTO at GM. He is currently Chairman of 2M Companies, a family office he established in 1983, and of the Morton H. Meyerson Family Foundation.

Fort Worth private investor Jean Goff was co-founder, vice president and CEO of Crescent Real Estate, which Morgan Stanley bought in 2007 for $ 6.5 billion. Two years later, he bought the company in partnership with Barclays Capital. Today, Goff is President of Crescent Real Estate as well as Contango Oil & Gas, based in Houston. He owns the Ritz-Carlton hotel in Dallas and the Fort Worth-based spa company Canyon Ranch.

Dallas Executive Randall Stephenson is the former CEO of Dallas-based tech, media and telecommunications giant AT&T.

“As Chief Executive Officer, Randall led AT & T’s transformation aligned with two major trends: First, that consumers will continue to spend more time watching premium content where they want, when they want and how they want. want it. continues to demand more connectivity, bandwidth, mobility and software-based entertainment, ”says his Hall of Fame bio.

Investment manager in Houston Gerald smith is President and Chief Executive Officer of Smith Graham & Co., an investment management firm. He is also a board member of New York Life Insurance and the Federal Reserve Bank of Dallas, and chairman of the Texas Southern University Foundation.

Austin Hair Care Guru Jean-Paul DeJoria and hairstylist Paul Mitchell, in 1980, turned a partially borrowed $ 700 into Beverly Hills, Calif., based John Paul Mitchell Systems, which today sells the largest private line of salon hair care products. In 1989 DeJoria co-founded Patrón, the first ultra-premium tequila. Patrón, now the world’s number 1 in ultra-premium tequila, was sold to Bacardi in 2018 for $ 5.1 billion.

“The rags-to-rich John Paul DeJoria biography illustrates the American dream. Once homeless, he struggled through thick and thin to be successful, launching several global businesses while still upholding his motto, “Unrequited success is failure,” his bio says.


About Author

Leave A Reply