Billionaire Mark Cuban says abolishing billionaires would mean destroying the stock market and wiping out Americans’ savings

Photo: Mark Cuban at South by Southwest 2025 in Austin, Texas – March 10, 2025. Photo credit: Bea Phi via Wikimedia Commons. CC BY-SA 4.0 (no modifications). Article by Thibault Spirlet. Yahoo!Finance – October 24, 2025. The original article was published by Business Insider.

• Mark Cuban said billionaires will exist as long as stock markets do.
• The billionaire said forcing the rich to sell their stocks would “wipe out” Americans’ savings.
• He said taxing billionaires won’t fix inequality and urged finding ways to help others earn more.

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