Grant Cardone net worth figure is a reported $600 million. Known for his massive real estate empire, he’s also a sales coach, author, and motivational speaker. He faced many obstacles on his way up – but his perseverance and love for deal-making made him the business mogul he is today.
Who is Grant Cardone?
Grant Cardone is an American entrepreneur, best-selling author, speaker, and investor. He’s the CEO of Cardone Capital, which has over $4 Billion in assets under management. Grant worked with Fortune 500 companies like Google, Sprint, Aflac, Toyota, GM, Ford, and more. He has been named the #1 marketer by Forbes Magazine and the author of the best-selling book “The 10X Rule”. Cardone is one of the most well-known real estate moguls in the world.
Grant Cardone Early Life
Grant Cardone was born on March 21, 1958, in Lake Charles, Louisiana. His parents were Curtis Louis Cardone (who died in 1968) and Concetta Neil Cardone (who passed away in 2009). Grant has a twin brother named Gary and is the fourth of five children. He attended LaGrange High School in Lake Charles and graduated from McNeese State University in 1981. He would eventually be awarded the McNeese State University Distinguished Alumnus Award in 2010.
Grant Cardone Career
He began his career after college working for a sales company. He lived in Houston, TX, LaJolla, CA, and Los Angeles. Within this timeframe, he developed a bad drug problem which led him to do a stint in rehab. Upon leaving rehab at age 25, Grant had a new lease on life. He hated his sales job but hated being broke even more. He also knew that having that job kept him busy and focused so he didn’t have time for drugs. Grant became a millionaire within the next five years while working as a car salesman and investing in real estate on the side.
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Best-selling Author
Cardone has published 11 books, some of which are best-sellers worldwide. Here’s a list of all the books published by Grant Cardone, including his best-selling book “The 10X Rule”.
- 10X Mentor (2022)
- Grant Cardone’s PlayBook (2022)
- How to Create Wealth Investing in Real Estate (2018)
- How to Get and Stay Motivated (2017)
- Be Obsessed Or Be Average (2016)
- The Millionaire Booklet (2016)
- The 10X Rule (2011)
- The Closer’s Survival Guide (2011)
- Sell or Be Sold (2011)
- If You’re Not First, You’re Last (2010)
- Secrets of Selling (2007)
The 10X Rule
Grant Cardone is famous for his 10x rule mindset. In simple terms, the “10X rule” is where you aim for outcomes 10 times bigger than what you initially think possible. Even if you fall short, you’ll still be in a BETTER position than your competitors. That’s what the 10x growth mindset is all about. For example, if you want to sell something and think that sending ten cold emails a day will help you, you should aim to send 100 emails daily and try your best to
How did Grant Cardone make his Money?
Here’s a brief overview of Grant Cardone’s income sources:
Real estate investments: Cardone’s real estate portfolio includes multifamily properties across the United States. He invests in income-producing properties that generate significant cash flow;
Sales training: Cardone has developed various sales training programs and online courses that teach individuals and businesses how to improve their sales techniques. His flagship program, Cardone University, has been a major revenue generator;
Books and publications: Grant Cardone is also a prolific author, and his books have sold millions of copies worldwide. His writing focuses on sales strategies, business growth, and personal development;
Public speaking: As a sought-after motivational speaker, Cardone commands high fees for his appearances at conferences, seminars, and corporate events. He shares his experiences and insights, inspiring others to achieve success;
Online presence: Cardone has built a substantial online following, monetizing his content through YouTube, TikTok, and various online platforms. His engaging content attracts sponsorships and advertising revenue.
Grant Cardone Controversies and Personal Life
It’s no secret that being as rich as Grant Cardone comes with a whole host of controversies and allegations. That said, Uncle G has faced fraud allegations when investors claimed that he promised huge returns while promoting questionable business ventures to his millions of followers. Despite these allegations, he continues to sell training programs. Furthermore, a Palm Beach Post investigation revealed that tenants in an apartment complex owned by Cardone Capital were being overcharged. He was also sued by investors for his social media posts that feature private jets, sports cars, and flashy suits but downplay financial liability.
Grant Cardone Malibu Mansion
In January 2022, Grant paid $40 million for a home in Malibu, California. The 9,500-square-foot home is located on Carbon Beach. It had at one point been listed for $50 million. The seller was a Ukrainian Oligarch named Vadim Shulman who bought the house for $25 million in 2014. Immediate neighbors include billionaire Oracle founder Larry Ellison and movie mogul Jeffrey Katzenberg. In May 2024 it was reported that Grant had offered the house for sale for $65 million or rent at $250,000 per month.
Grant Cardone Real Estate Empire
Cardone single-handedly built a real estate empire through his investment vehicle, Cardone Capital. The company has been involved in billions of dollars worth of real estate transactions and today owns around $2.7 billion worth of apartment buildings around the United States, according to his biography. That figure has not been independently confirmed. He bought a single-family home in Houston that he rented out. He sold the property after the tenants left, and five years later, he acquired a 38-unit complex in San Diego for $1.9 million, paying a down payment of just $350,000. One month later, he bought another complex. He continued to purchase more complexes, and by 2012, Cardone Capital owned 1,016 apartments for a total of $58 million.
FACTS
- Estimated Net Worth: As of 2024, Grant Cardone’s net worth is estimated to be around $500 million to $1 billion. His wealth fluctuates due to his investments and business ventures.
- Real Estate Investments: Grant Cardone is known for his significant investments in real estate. He owns a large portfolio of properties through his company, Cardone Capital.
- Books and Media: Cardone has authored several best-selling books on sales and business, including “The 10X Rule” and “Sell or Be Sold.” His books and media appearances have contributed to his wealth.
- Business Ventures: In addition to real estate, Cardone has multiple business ventures, including sales training programs, seminars, and consulting services.
- Education and Background: Grant Cardone initially struggled with financial stability but turned his life around through a combination of sales expertise and strategic investments.
- Social Media Influence: Cardone is a prominent figure on social media, where he shares insights on wealth building, business, and personal development. His online presence helps boost his brand and business.
- Philanthropy: Cardone is involved in various philanthropic activities, supporting causes related to education, entrepreneurship, and community development.
FAQs
What is Grant Cardone’s net worth?
As of 2024, Grant Cardone’s net worth is estimated to be between $500 million and $1 billion. His wealth comes from various business ventures, real estate investments, and media appearances.
How did Grant Cardone make his money?
Grant Cardone made his money through a combination of real estate investments, sales training programs, consulting, and authoring books. His company, Cardone Capital, plays a significant role in his real estate investments.
What are some of Grant Cardone’s notable investments?
Grant Cardone is known for his large real estate portfolio, which includes apartment complexes and commercial properties. His company, Cardone Capital, focuses on acquiring and managing these properties.
How many books has Grant Cardone written?
Grant Cardone has authored several best-selling books on sales, business, and personal development. Some of his notable books include “The 10X Rule,” “Sell or Be Sold,” and “Be Obsessed or Be Average.”
What is Cardone Capital?
Cardone Capital is Grant Cardone’s real estate investment firm. It focuses on acquiring and managing large-scale apartment complexes and commercial properties, often through syndication.
How does Grant Cardone use social media?
Grant Cardone uses social media to share insights on business, sales strategies, and wealth-building. He has a substantial following on platforms like Instagram, LinkedIn, and YouTube, where he posts content related to his expertise.
Conclusion
Grant Cardone net worth and financial success are the result of a multifaceted approach to business and investments. With an estimated net worth ranging from $500 million to $1 billion, Cardone has built his wealth through strategic real estate investments, successful sales training programs, and an influential media presence. His company, Cardone Capital, plays a crucial role in managing a substantial portfolio of properties.
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