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Mark Cuban Calls for $20 Minimum Wage by 2026

7/7/2026

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Story summary
  • Mark Cuban urged raising the U.S. minimum wage to $20 in June 2026.
  • Cuban said he created a thousand millionaires by giving employees 20% of profits.
  • He paid over $35 million in Dallas Mavericks bonuses in 2024.
  • He urged firms to match CEOs’ stock grants, citing a 2025 Oxfam report on $33 trillion wealth growth and Klarna’s $17 billion market-cap jump that created over 40 millionaire employees.