Is Trump broke? “Shark Tank” billionaire Mark Cuban: He sells things because he needs the money

“Shark Tank” billionaire Mark Cuban suggested Monday that former President Trump keeps starting new business ventures because he's broke.

MSNBC's Rachel Maddow asked Cuban what he thought of Trump's latest cryptocurrency business venture. Cuban, a frequent critic of Trump, suggested that Trump took on this latest crypto project because he needed money.

“It's all crazy. I mean, the only reason you sell cologne, commemorative coins, sneakers, and this DeFi project is because you need the money. You need to. And that's the crazy thing about this whole thing: People are trying to see him as a good businessman even though he's literally incapable of running his own business,” Cuban said Monday on “The Rachel Maddow Show.”

“You don't hear stories about his overwhelming success in companies that… outside of real estate. And even these have been questioned. “I don’t understand how people really support him as an entrepreneur,” he added.

Trump and his three sons announced during a livestream last month that their family would be launching World Liberty Financial. According to a New York Times report, many crypto experts have expressed concerns about Trump's latest business venture.

Trump also launched several other business partnerships during his campaign, including promoting Trump-branded shoes, watches and Bibles.

Cuban said Monday: “There's really no good reason to vote for Donald Trump as the economic candidate.” He also noted that business leaders have not condemned Trump “because they're worried about his retaliation or his revenge.”

“When you do business, you want stability, whether you are a small company or a very large company. “You don’t want to wake up one morning as the CEO of John Deere and suddenly find out you have a 200 percent rate,” he said.

“You don’t want to be Carrier Air and find out they’re threatening you if you transfer employees. These are the types of decisions that take years to plan and implement. And so stability is the first rule for a large company. And for a smaller company, you just want the opportunity to do that,” he added.

A new Wall Street Journal poll found that economists expect higher inflation and higher deficits if the former president is elected to the White House next month.

Trump has said he would impose 20 percent tariffs on imported goods if elected to the White House. But many experts and economists said imposing high tariffs would likely only hurt American consumers.