Mark Cuban says this purchase was one of the 'best business decisions' he ever made. via CNBCMakeIt
Circa 1990, Mark Cuban was dining with friends. He'd just sold his first business, MicroSolutions, to CompuServe for a reported $6 million.
It was a question Cuban had thought a lot about. Since founding MicroSolutions seven years earlier at age 25, he'd been solely dedicated to work and had gone all those years without a vacation, according to his blog. In 1981, American Airlines introduced the lifetime unlimited AAirpass, a ticket to fly anywhere as often as you wanted — for a steep fee. The passes cost $250,000 when they were introduced, according to the Los Angeles Times, and buyers could shell out another $150,000 to add a companion pass. In 1990 the pass cost $600,000, including a companion ticket. In 1993, the price increased to $1.
Today, only a few dozen people still own an unlimited pass, according to an American Airlines spokesman, and they are still valid.
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