Grant Cardone is a sales trainer, speaker, and CEO of seven privately-held companies with over $4 billion in assets under management. He has authored eight best-selling business books, including “The 10X Rule”, “Sell or Be Sold”, and “If You’re Not First, You’re Last”.
As a real estate investor, he founded Cardone Capital in 2016, focusing on multi-family properties. Known for his motivational content, Grant starred in Discovery Channel’s “Undercover Billionaire” in 2021, despite not being a billionaire.
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Grant Cardone Net Worth
Grant Cardone has a net worth of $600 million. He built a real estate empire through Cardone Capital, which owns approximately $2.7 billion worth of apartment buildings across the U.S. His real estate journey began at age 29 with the purchase of a single-family home in Houston, which he rented out.
By 2012, Cardone Capital owned 1,016 apartments valued at $58 million. Over the years, he acquired multiple complexes, including a 38-unit property in San Diego for $1.9 million with a $350,000 down payment.
Early life
Grant Cardone was born on March 21, 1958, in Lake Charles, Louisiana, to Curtis Louis Cardone (who passed away in 1968) and Concetta Neil Cardone (who died in 2009). He has a twin brother, Gary, and is the fourth of five children.
Grant graduated from LaGrange High School in Lake Charles and earned his degree from McNeese State University in 1981. In 2010, he was honored with the McNeese State University Distinguished Alumnus Award.
Career
After college, Grant Cardone moved to Chicago, Illinois, in 1987 to work for a sales training company. He lived in Houston, Texas, for five years, La Jolla, California, for 12 years, and then Los Angeles. Struggling with a drug problem, Grant entered rehab at age 25, becoming a millionaire within five years.
He earned his fortune in automobile sales and as CEO of Freedom Motorsports Group Inc.. He also created the series “Turnaround King” and owns Cardone Enterprises, Cardone Acquisitions, and more. Grant authored bestsellers and appeared in “The G&E Show.”
Personal life
Grant Cardone is married to actress Elena Lyons, and the couple has two daughters, Scarlett and Sabrina. He is a member of the Church of Scientology. Grant had a previous marriage at age 35 that lasted only one year. He settled with his ex-wife for $1 million.
What companies does Grant Cardone own?
Grant Cardone is an American businessman, real estate investor, and equity fund manager with $4B in assets under management. He is the visionary founder of 10X Studios, Cardone Ventures, and 10X Health System. Additionally, he is a co-founder and investor in sixteen other businesses.
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Conclusion
Grant Cardone’s net worth of $600 million is a reflection of his exceptional skills in sales, real estate, and entrepreneurship. His journey from a simple salesperson to a multimillionaire business mogul is inspiring. Cardone’s success story serves as a blueprint for aspiring entrepreneurs and business professionals looking to achieve financial success.
FAQs about Grant Cardone’s Net Worth
- What is Grant Cardone’s net worth?
- Approximately $600 million.
- How did Grant Cardone build his wealth?
- Through real estate investments, a sales consulting company, book deals, and various business ventures.
- What is Grant Cardone’s annual income?
- Estimated between $40 to $50 million.
- What is the minimum investment to join Cardone’s ventures?
- Around $5,000.
- What are Cardone’s notable business roles?
- CEO of Cardone Capital, author, social media influencer, and partner in several privately held companies.