‘No, hell no,’ says Mark Cuban if he runs for office – ‘You can’t be president and change health care.’ Entrepreneurs can change anything

Mark Cubanbillionaire entrepreneur and “Shark Tank” star, has no interest in running for office. When asked if he would ever consider running for president, Cuban responded bluntly: “No, hell no.” For him, the political arena is not the best place to make a difference, especially when it comes to changing the health care system.

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“You can’t be president and change health care,” Cuban told Wired. “You have to have Congress behind you and this and that.” He believes partisanship and bureaucracy limit politicians’ ability to make significant changes. Instead, he believes the private sector offers a more effective means of making changes.

Cuban proves this with its online pharmacy, launched in January 2022, which aims to combat high drug prices by selling drugs with minimal margins. Cuban’s approach is simple: a base price for the drug, plus a 15 percent markup, a $5 pharmacy fee, and $5 for shipping.

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Cuban’s no-frills style and business acumen have made him a favorite on “Shark Tank,” but his ambitions go beyond TV fame. “As an entrepreneur, you can change anything,” he said.

He points to tech innovators like Nvidia CEO Jensen Huang as examples of how entrepreneurs can define the future through their actions. “He can basically define what happens by how he prices things,” Cuban said.

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Cuban also has strong views on the two-party system in the U.S. He has criticized both major political parties and even consulted with lawyers about filing antitrust lawsuits against them. “If I could wave a magic wand, I would get rid of both parties,” he said in an interview. He believes the current political system pushes candidates to extreme positions, making it difficult to find common ground and real solutions.

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Despite his outspoken views and natural ability to shake things up, Cuban has no plans to jump into the political fray. Instead, he’s focused on bringing about change from the outside. “Who would risk that?” he said of running for president.

Cuban believes he can do more good as an entrepreneur than as a politician, and he has decided to use his influence and resources to fix what he can — whether it’s the health care system, the cost of prescription drugs or the way we do business.

Still, Cuban took his side, joining hundreds of venture capitalists who have pledged to support Vice President Kamala Harris in the 2024 presidential election.

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