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Grant Cardone Net Worth, Full Bio, and Latest Career Updates in 2023

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Grant Cardone is thought to have a net worth of about $600 million. In the United States, Grant Cardone has a lot of money. He is a big name worldwide and has had a lot of success. Cardone is known for investing, which is how he built such an enormous business empire.

He is also a great writer. He has written several books that have sold millions of copies worldwide. Cardone is also an entrepreneur, and it is known that he owns several businesses.

Grant Cardone has made it possible for many people to get jobs. He also made Turnaround King, a reality show aired on National Geographic. Grant Cardone is also known for his interest in cars and was the CEO of Freedom Motorsport Group INC. He has also helped the NASCAR driver through his business.

Grant Cardone’s Biography

Grant Cardone is well-known for investing, business, hustle, and side business ideas. He has been inspiring and influencing people for a long time, especially on topics like taking responsibility to make your dream life come true.

Grant Cardone is best known for starting the 10X Movement. In this movement, he talks about how to get significant results by doing actions that are 10X bigger. He speaks worldwide and has written best-selling books like the 10X Rule and If You’re Not First, You’re Last. He has done well over the years to build up a large and impressive net worth from nothing.

Grant Cardone is known for building a vast real estate empire but is also a sales trainer, investor, author, and motivational speaker. Even so, he is well-known in part because his path to wealth and fame was not easy, and he had to overcome many obstacles. He worked hard to make deals, which helped him become the business mogul he is now.

Full Name

Grant Cardone

Nick Name

Grant Cardone

Gender

Male

Birth Date

March 21, 1958

Birth Place

Lake Charles, Louisiana, United States

Age

64 years old

Marital Status

Married

Wife

Elena Lyons

Kids/Children

Yes (2)

Nationality

American

Net Worth

$600 Million

Profession

Actor, Entrepreneur, Presenter, Writer, Radio personality, Salesman

Height

1.75 m (5 ft 9 in)

Weight

80 kg– 176 lbs

Grant Cardone Net Worth

Grant Cardone is one of the world’s most successful and well-known business people and investors. He is famous and has done so well in his career that it is hard to believe. Cardone is known for being a very successful business owner, author, and real estate investor, among other things. He has started many companies and has been the CEO and owner of many.

He still runs many businesses, such as Cardone Enterprises, Cardone Acquisitions, etc. Cardone has written many books, bringing him much money and fame. Grant Cardone is thought to have a net worth of around $600 Million. Check out how much Ariana Grande is worth.

Net Worth:

$600 Million

Source of Wealth:

Entrepreneur

Age:

64

Born:

March 21, 1958

Country of Origin:

United States of America

Last Updated:

February 2023

Grant Cardone’s Career

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At the age of 29, Cardone purchased his first rental property, a single-family home. Nevertheless, after a few months, the property failed, and he promptly sold it, swearing never to purchase a single-family home again. Five years later, he purchased his first apartment complex in San Diego, and a month after, he purchased his second. In 2012, Cardone Acquisitions had one of Florida’s largest portfolios of private party acquisitions.

Cardone owns the multimillion-dollar enterprises Cardone Enterprises, Cardone Real Estate Holdings, and the Cardone Group. Thousands of businesses have purchased his sales programs, and he frequently addresses CEOs, leaders, managers, and entrepreneurs. Turnaround King, a National Geographic episode aired for a limited time in 2011, helped increase Cardone’s reputation.

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How Much Does Cardone Make a Year?

There are many reports about how much Grant Cardone makes each year, but none come from reliable sources. And the comments about how much he makes each year are from long ago. Because of this, we can’t say how much he makes yearly. But even if we don’t have these numbers, we still plan to tell you about Grant Cardone’s money based on his $2.6 billion net worth. So, our metric will give you a rough idea if you’ve ever wondered how much Grant Cardone makes in a day, a month, or even a year.

To get to this number, we’ll assume Grant Cardone is a smart enough investor to earn a 4.5% yield on his combined $2.6 billion net worth every year (which, by the way, isn’t too hard to do since the average annual return on safe investments in the past has been between 3% and 5%).

So, if Grant Cardone hypothetically sold all of his assets and put them all into a vital Real Estate Investment Trust (REIT) like O or STOR or his own Cardone Capital, which is a REIT, he would make about $117 million per year with a modest 4.5% yield.

How Grant Cardone Makes Money?

Even though Grant’s first source of income was real estate, he has since added more ways to make money. In the beginning, this is how Grant Cardone’s wealth grew very quickly. Grant Cardone has a lot of different ways to make money.

Sales Training Programs

Let’s begin right here. Grant’s sales program at Cardone University makes him a lot of money. He has several expensive programs and courses that help the average salesperson or business owner improve their sales skills. Cardone makes money because the prices for the program can be changed.

Cardone University costs an average of $10,000 annually for businesses and $1497 annually for individuals. Over 221,000 people are currently taking part in the sales training program.

Sale of Books and Courses

Grant has other businesses besides buying and selling real estate. They include selling books, sales programs, and Grant Cardone TV. He has written five books, which have made him a well-known person and helped him make money. “Sell to Survive,” “The 10X Rule,” “The Closer’s Survival Guide,” “Sell to Sold,” and “If You’re Not First, You’re Last” are the titles of the books. Google and Ford Motor Company are just two big companies that have used Grant’s sales programs.

Real Estate

Most of Grant Cardone’s portfolio comprises the real estate he has bought. Cardone Acquisitions, his real estate business, is worth $1.7 billion. And has kept track of deals worth as much as $700 million. The grant supports buying real estate. Over the years, he has gone from having 4000 housing units to having 7700 housing units. Investors now put money into his real estate empire, and he hosts a joint investment.

Grant lets accredited investors invest in and fund real estate properties through Cardone Capital. This is what led Cardone Acquisitions to be worth $1.7 billion.

But Grant still owns a more significant share of the business. As expected, his real estate business generates more than $100 million annually.

Reality Shows and YouTube

Grant Cardone has created reality shows and starred in self-reality shows with his wife. In 2011, he made the “Turnaround King” for National Geographic.

He and his wife also starred in the show he created with his wife, “The G&E show.” He also has a YouTube TV channel explaining market trends and teaching business, sales, and real estate lessons.

Grant Cardone’s TV on YouTube is also a way for him to make money. The self-proclaimed trainer also makes money from his reality show appearances and YouTube videos, though it’s unclear how much he makes each year.

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Grant Cardone’s First Real Estate Investment

He bought a single-family home as his first piece of real estate. He rented it out and made sure everything went well. Each month, he got a check from the property. But he had no idea that everything was about to end. When his tenant moved out, everything came to a stop. He always wanted to find another renter but kept losing money every month.

As you probably guessed, he sold the property to move on to other things. And that’s when Grant Cardone shifted his attention from single-family homes to homes with more than one unit. And the choice was a good one. But that choice didn’t come into play until five years later. As was already said, he didn’t buy his first property with more than one unit for five years.

Grant Cardone’s Net Worth from Investing in Real Estate

Grant Cardone bought his first property in Houston when he was selling cars. It was a single-family home. They moved out after living there for seven months. Grant Cardone’s money stopped coming in. This would be his first lesson in buying and selling property.

He never wanted his income and cash flow to depend on just one tenant. After five years, he decided his next property would be a several-unit San Diego apartment building. A month after he bought his first property with multiple units, he bought his second one. He planned to use the money from the first two deals to pay for the third.

Grant kept doing this, and slowly but surely, he got more and more property. By 2012, Grant Cardone’s company was said to have the most private party acquisitions in Florida, especially for a multi-family property. He now has 4,500 apartments that he owns.

How Much Are Grant Cardone’s Private Jets Worth?

Grant started using a private jet when he bought a used Gulfstream G200 for $8m in 2015. In its first year of use, the plane flew for 250 hours. How does it make sense to switch from renting a plane to buying a $50 million private jet and then paying an additional $3 million for maintenance and flying it?

Private jet owners might be able to explain why they bought one by claiming 100% bonus depreciation in the first year of ownership. Because of this, Grant decided to switch from his used Gulfstream G200 to a brand-new Gulfstream G550. Depreciation used to happen over five years at a rate of 20% per year.

In 2020, a few people called Grant and asked if they could buy the G550. In the end, he sold the house and bought a Gulfstream G650ER.

Grant Cardone’s House

Cardone built Cardone Capital, a company that invests in real estate, all by himself. It has been involved in deals worth $425 million and is said to own investment properties worth $500 million all over the United States.

Grant Cardone has been interested in real estate since he was a child. His interest grew when he was 29 and bought a single-family home in Houston to rent out. After the renters moved out, Grant Cardone sold the property. Five years later, he bought a 38-unit complex in San Diego for $1.9 million with only a $350,000 down payment.

Grant Cardone bought another complex a month later. He kept buying apartment complexes, and by 2012, Cardone Capital had 1,016 apartments worth $58 million.

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Cardone Reportedly Bought a South Florida Mansion from Tommy Hilfiger for $28 Million

Cardone was in the news again earlier this month when, according to The Real Deal, he bought a mansion on the beach in Golden Beach, Florida, from fashion designer Tommy Hilfiger and his wife, Dee Hilfiger. The site says the house was built in 2007 and has six bedrooms, a pool, and a 0.6-acre lot.

Tommy and Dee showed Architectural Digest around their home in 2016 for a story in which interior designer Martyn Lawrence Bullard said he and the couple “thought of the house as part art gallery and part disco madness from the 1960s and 1970s.”

The Real Deal also says that Tommy spoke at Cardone’s 10x Growth Conference earlier this year as part of the real estate deal.

Grant Cardone’s Car Collection

Grant Cardone has a very nice collection of cars. He likes cars and has always been a fan of NASCAR racing. Grant Cardone has vehicles like Ferrari, Rolls Royce, Maserati, Bentley Mulsanne, Mercedes, and many more.

Car Collection

Prices (USD)

Rolls Royce Phantom Black Badge

$650,000

Rolls Royce Dawn

$428,050

Bentley Mulsanne

$368,000

Ferrari 812 Superfast

$365,000

Rolls Royce Cullinan

$351,250

Ferrari 488 Spider

$284,700

McLaren 600LT

$256,500

Mercedes-Benz S 550

$180,000

Why is Grant Cardone So Successful?

Two things show how successful he was. First, he is a great salesman and investor who has an excellent head for business. Second, he knows how to work hard and turn the odds in his favor to get more done. Through his experience and knowledge of money, he inspires and motivates people worldwide to reach their career and financial goals.

In the same way, he has been investing in real estate since he was 29 years old, and his property portfolio is getting close to $1 billion. He now has his brand, which he uses through his seminars, books, YouTube channels, and social media to help people reach their goals. He was successful because he was cheerful and had a “can do” attitude.

Today, Grant Cardone is one of the world’s top three speakers. He has spoken to many people in 23 countries worldwide, which is impressive considering that speaking is only a tiny part of what he does.

Grant Cardone’s Early Life

Grant Cardone was born on March 21, 1958, in Lake Charles, LA. He was the fourth child of Curtis Louis Cardone and Concetta Neil Cardone. He had a twin brother named Gary.

After Grant’s father died, he saw his mother go from sad to very scared because she didn’t know how to make enough money to care for her five children. Grant grew up in a poor, dangerous neighborhood and lived there as an adult. One day, someone hit Grant on the head with a pistol several times, which knocked him out. All that happened because he told the person who shot him that he didn’t like what she said.

Grant didn’t have an easy time getting where he is now. When he graduated from LaGrange High School in Lake Charles, Louisiana, in 1976, he was 25 years old, addicted to drugs, unemployed, and living in a dangerous neighborhood. Grant began thinking about what he could do to improve his life.

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Education

Grant went to high school in Lake Charles at LaGrange High School. After he graduated, he went to McNeese State University. Grant got his diploma in 1986. In 2010, McNeese State University gave him the “Distinguished Alumnus Award.”

Grant is also an “OT 8” member of the Church of Scientology and one of the most generous celebrities who give money to the group. He says that El Ron Hubbard, who started Scientology, is responsible for his life and wealth.

Grant Cardone’s Family, Parents & Siblings

Curtis Cardone Sr. is his father’s name, and Concetta Cardone is his mother’s name. At age ten, his father suddenly died of a heart attack. Curtis Cardone Jr., his brother, died when he was 25 years old. Gary Cardone is his twin brother. Pam Scott is one of his sisters, and Diane Cardone is the other.

Grant Cardone’s Personal Life

Wife and Kids

In his personal life, Grant Cardone is married and lives with his family. He is married to a Spanish actress and model named Elena Lyons, and they have two kids named Sabrina and Scarlett. Since 2004, they’ve been together. Grant’s wife is also well-known. He believes in learning independently, which helped him get where he is now. He became a billionaire when he was only 30 years old. Everyone can learn a lot from him.

Time with Wife and Kids

Grant Cardone spends the morning with his kids because he is a dad. Before school and work, they usually spend time at a local coffee shop or breakfast place. This gives his kids more time with him and a sense of stability. He even brings them to the gym with him. He makes sure to have time in his life for them. Since he and his wife, both work, it makes things a little easier. The work they do together is planned and helpful. Both of them work on projects that use their best skills. This gives them their own identities while they still work and play together.

Aside from this, little is known about his personal life, but we will let you know if we find anything else. You can learn about him and his successes through the videos he posts on YouTube, or you can read his books, which have been best sellers because they are so inspiring.

Grant Cardone’s Social Media Profile

Instagram

@grantcaradone

4.2M followers

LinkedIn

@grantcaradone

556,1K followers

Twitter

@grantcaradone

995.1K Followers

YouTube

Grant Cardone

2.36M subscribers

Facebook

https://www.facebook.com/grantcardonefan

6.8M followers

The Grant Cardone Foundation

The Grant Cardone Foundation is a non-profit group that teaches young people, especially those who have never had the love and support of a father figure, how to be good with money.

He started the charity to help other children who didn’t have a father. Children raised by single moms are more likely to have trouble in school, become addicted to drugs, or end up in jail, according to research. In 2016, he also gave the money from the sales of his book “Be Obsessed or Be Average” to organizations that work to make America and the world drug-free.

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Conclusion

Cardone is an excellent example of the American dream in many ways. He started with very little, but through hard work and determination, he has built up a vast fortune and a successful career. He builds multiple income streams, invests in real estate, and works in sales. This gives him a lot of credibilities and makes people more likely to listen to and trust his advice. He is a great leader and businessman. He has taken the advice we all get at some point in our lives: to find out what we are good at and use that to do great things.

Frequently Asked Questions (FAQs) about Grant Cardone Net Worth

How did Grant Cardone get so rich?

Cardone became well-known for his best-selling business books and sales courses but invested most of his money in real estate.

When was Grant Cardone born?

Grant Cardone was born on March 21, 1958, in Lake Charles, Louisiana, United States. He will be 63 years old in 2021. He has the sign of Aries.

Is Cardone Capital legit?

Cardone Capital is a real estate crowdfunding program that lets accredited and non-accredited investors invest money in real estate projects. This platform is a group for investing in real estate that Mr. Grant Cardone set up and runs. He has worked in real estate, especially in multi-family real estate.

How old is Grant Cardone?

Grant Cardone was born on March 21, 1958, and is 64 years old.

How tall is Grant Cardone?

Grant Cardone is 1.75 m tall, which is 5 feet 9 inches.

Is Grant Cardone Self-made?

Grant Cardone became a billionaire all on his own. He started as a sales trainer and slowly built up his wealth.

Why is Grant Cardone well-known?

Grant Cardone started Cardone Capital and is also its CEO. Cardone Training Technologies, his main business, helps companies boost sales by making their sales processes more efficient.

What is Grant Cardone’s story?

Grant Cardone was 25 when he decided to change his life for the better. After he got out of rehab, Cardone chose to pursue his potential by living a sober life. Even though he felt like a loser at the time, he knew deep down that he was meant to do more with his life.

How many units does Grant Cardone own?

Cardone Capital now has 35 multifamily properties with 11,552 apartment units. CEO Grant Cardone said in prepared remarks, “Buying these four properties almost at the same time is the biggest deal I’ve made in my 30+ years as an investor.”

Where did Grant Cardone go to college?

McNeese State University was my school. I promise that the formal education I got did not help me get to where I am financially today. College is not a way to become a millionaire or even a billionaire. Instead, it is a way to move up into the middle class.

What kind of jet does Grant Cardone own?

In 2015, Grant had never been on a private jet. Now, in just six years, he owns a Gulfstream G200, a Gulfstream G550, and a Gulfstream G650ER. His real estate portfolio went from $250 million to $4 billion, more than 10 times the size of his business.

How did Grant Cardone get his start?

After college, Grant Cardone started his career by working for a sales company. He lived in the cities of Houston, LaJolla, and Los Angeles. During this time, he got into drug trouble and had to go to rehab. Grant’s life changed when he got out of rehab at age 25.

How old was Grant Cardone when he became a millionaire?

Grant Cardone’s business took off, and his businesses did so well that he was a millionaire by age 30. But his businesses did not make him a millionaire just because they made much money.

Is Grant Cardone still married?

After 16 years, they are still married and have two beautiful daughters, Sabrina Cardone, 11, and Scarlett Cardone, 9.

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