Grant Cardone Net Worth and How He Got So Rich (2024)

Grant Cardone Net Worth 2024: Grant Cardone, a renowned entrepreneur, real estate investor, author, and speaker, has triumphed over numerous obstacles on his path to becoming a real estate icon.

Grant Cardone net worth Highlights

Grant Cardone Net Worth$600 Million
Age:65
Born:March 21, 1958
Gender:Male
Height:1.75 m (5 ft 9 in)
Country of Origin:United States of America
Source of Wealth:Entrepreneur
Highlights

What is Grant Cardone Net Worth?

Grant Cardone, a renowned sales trainer and leadership speaker, excels in multiple domains – real estate investing, entrepreneurship, social media, and finance.

Grant Cardone Net Worth is roughly $600 Million as of November 2023.

Over, Grant Cardone has successfully established multiple companies that focus on three core areas:

  • Sales
  • Real Estate
  • Automotive

With expertise in these industries, he has earned a reputation as a renowned sales consultant and real estate entrepreneur on a global scale.

Let’s examine the various income streams that Grant Cardone possesses. Here’s what we uncover:

  • Real estate assets/rental income
  • Automotive sales consulting
  • Book sales
  • Cardone University sales training
  • Live speaking events
  • Coaching courses
  • YouTube revenue

Early Life

Born on March 21, 1958, in Lake Charles, Louisiana, Grant Cardone hails from a family of five siblings. His parents, Curtis Louis and Concetta Neil Cardone, both passed away, in 1968 and 2009, respectively. Grant, who has a twin brother named Gary, attended Lake Charles’ LaGrange High School before earning his graduation from McNeese State University in 1981. In recognition of his accomplishments, he was honored with the McNeese State University Distinguished Alumnus Award in 2010.

Career

Grant Cardone
Grant Cardone

After graduating college, he made a pivotal decision to diverge from his intended career path in accounting. Relocating to the vibrant city of Chicago, Illinois in 1987, he embarked on a professional journey with a sales training company. This opportunity took him on a traverse across the United States, eventually settling in Houston, Texas for a fruitful five-year period, followed by an enriching twelve-year stint in the idyllic region of La Jolla, California.

Ultimately, he found his way to the bustling city of Los Angeles. Throughout his transformative journey, Grant encountered personal challenges, leading him to confront and conquer a drug problem at the tender age of 25. Demonstrating extraordinary resilience, within a mere five years post-rehabilitation, he achieved the remarkable milestone of becoming a self-made millionaire.

During his time in automobile sales, he made significant strides towards building his fortune and eventually assumed the role of CEO at Freedom Motorsports Group Inc. Notably, he played a pivotal role in the development of the reality series “Turnaround King” for National Geographic, which aired in 2011. Presently, Grant is the owner of Cardone Enterprises, Cardone Acquisitions, Cardone Training Technologies, and The Cardone Group. He extends his expertise to training salesmen from various car dealerships.

Books by Grant Cardone

With a prolific career in the writing arena, Grant Cardone has penned several notable books, including the highly acclaimed “If You’re Not First, You’re Last,” which achieved the remarkable feat of hitting #1 on both Amazon and Barnes and Nobles. The book further garnered recognition by securing spots on The Wall Street Journal’s and The New York Times bestseller lists. Grant, along with his wife Elena, have also captured the attention of audiences through their self-produced web series, aptly titled “The G&E Show.”

In recognition of his indelible impact, Cardone was featured as the 7th most influential CEO in Richtopia’s prestigious global list of 500. Notably, Forbes Magazine bestowed upon him the esteemed title of the #1 marketer to watch in 2017. As a testament to his success, Cardone’s opulent domicile even had the honor of being showcased on “How’d You Get So Rich?” alongside the legendary Joan Rivers.

Real Estate Empire

Cardone single-handedly constructed a flourishing real estate empire with his investment vehicle, Cardone Capital. According to his biography, the company has engaged in billions of dollars worth of real estate transactions and presently possesses approximately $2.7 billion in apartment buildings across the United States. It’s important to note that the aforementioned figure has not been independently verified.

His passion for real estate ignited in his youth, but it truly blossomed at the age of 29 when he invested in a single-family home in Houston, which he promptly put up for rent. After the tenants vacated, he sold the property, fueling his ambition further. Just five years later, he seized an opportunity to acquire a 38-unit complex in the vibrant city of San Diego. With a modest down payment of only $350,000, he embarked on a remarkable journey. Not content with just one success, he swiftly added another complex to his burgeoning portfolio in a matter of weeks.

\The momentum carried on as he relentlessly pursued and acquired more properties. By 2012, the impressive Cardone Capital proudly owned 1,016 apartments valuing a staggering $58 million.

Personal Life

Grant Cardone is happily married to the talented actress Elena Lyons, together they share the joys of raising their two beautiful daughters, Scarlett and Sabrina. As a devoted member of the Church of Scientology, Grant’s personal beliefs shape his journey in life. It is worth mentioning that Grant had a previous marriage at the age of 35, and although it lasted only a year, he eventually settled for the sum of $1 million.

Malibu Mansion

In January 2022, Grant acquired a magnificent property on the pristine shores of Carbon Beach in Malibu, California, investing a staggering $40 million. With an expansive 9,500 square feet, this luxurious residence is set to epitomize elegance and exclusivity. It had at one point been listed for $50 million. Immediate neighbors include billionaire Oracle founder Larry Ellison and movie mogul Jeffrey Katzenberg.

In May 2021, it came to light that Cardone had purchased Tommy Hilfiger’s luxurious Florida mansion for a staggering $28 million.

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