Billionaire Mark Cuban said Monday he is not going to run for president, despite earlier telling CNBC that he would crush Donald Trump and Hillary Clinton if he entered the race.
"I think I can have a bigger impact right now in doing a lot of the other things I'm doing," he said in an interview with CNBC's "Closing Bell."
"I'm invested in over 100 small businesses, and I go and talk to school kids. There are so many ways I think I can impact society. I just don't have the temperament, at least not at this point, to be a politician."
Cuban's comments followed an email exchange with CNBC in which he weighed in on the presidential race and the idea of a billionaire president.
When asked whether he'd make a bid for the White House, Cuban wrote, "I get asked every day. It's a fun idea to toss around. If I ran as a Dem, I know I could beat Hillary Clinton. And if it was me vs. Trump, I would crush him. No doubt about it."
Cuban, chairman of AXS TV and owner of the Dallas Mavericks of the National Basketball Association, told "Closing Bell" that Clinton has "kind of blown it" and there is no chance that she'll win the election.