Grant Cardone Net Worth: How Did He Become a Real Estate Millionaire?

In this article, we are going to discuss some fascinating information about the life of famous Grant Cardone, including his age, early life, career, relationship status, family, and net worth. So, read on till the conclusion for more information.

Who Is Grant Cardone?

Grant Cardone is a real estate entrepreneur, public speaker, the author of eight business books, the CEO of Cardone Capital, and the creator of numerous business programs.

In his YouTube series, he discusses topics such as real estate investing, entrepreneurship, social media marketing, sales strategies, and cash flow. His best-selling books cover a wide range of issues, including leadership, starting and growing successful enterprises, and making money from them.

Name Grant Cardone
Birth March 21, 1958, in the Louisiana town of Lake Charles
Profession Real estate entrepreneur, public speaker, CEO of Cardone Capital
Nationality American
Relationship with Elena Lyons
Children 2

Early Life of Grant Cardone 

Grant Cardone was born on March 21, 1958, in the Louisiana town of Lake Charles. His parents were Curtis Louis Cardone (who passed away in 1968) and Concetta Neil Cardone (who passed away in 1968).

Grant Cardone net worth

Grant is the fourth of five children and has a twin brother named Gary. He was the fourth of five children. He went to LaGrange High School in Lake Charles and graduated from McNeese State University in 1981 with a bachelor’s degree in business administration. The McNeese State University Distinguished Alumnus Award would be presented to him in 2010 for his achievements.

Grant Cardone’s Career

When he graduated from college, he decided not to continue in his initial career in accounting, and he relocated to Chicago, Illinois, to work for a sales training firm in 1987. He went around the United States, settling in Houston, Texas for five years, La Jolla, California for 12 years, and ultimately Los Angeles, where he lived for the last five years.

Grant developed a drug issue along the line and attended treatment when he was 25 years old. Within five years of leaving rehab, he had amassed a million dollars in assets.

Grant Cardone net worth

He began earning his money while working in the vehicle sales industry, and he eventually rose to the position of CEO of Freedom Motorsports Group Inc. He collaborated in the development of the National Geographic reality series Turnaround King, which premiered in 2011.

Grant is the owner of Cardone Enterprises, Cardone Acquisitions, Cardone Training Technologies, and The Cardone Group, and he also works with car dealerships to train salespeople.

Grant Cardone is the author of various books, the most notable of which being “If You’re Not First, You’re Last,” which debuted at number one on Amazon and Barnes & Noble and reached the top of the bestseller lists of the Wall Street Journal and The New York Times. Grant and his wife Elena also star in the web series “The G&E Show,” which they developed themselves.

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In 2016, Cardone was ranked No. 7 on Richtopia’s global list of the 500 most influential CEOs in the world, according to the company. Forbes magazine ranked him as the number one marketer to watch in the world in 2017.

What Is Grant Cardone’s Net Worth?

According to celebritynetworth.com, Grant Cardone has an estimated net worth of $600 million as of 2022.

Cardone made his name through his highly successful business books and sales training, but he made the majority of his money through real estate investing.

Properties Owned by Grant Cardone

Cardone, through his investment entity, Cardone Capital, was able to build an entire real estate empire on his own. It is estimated that the corporation has been involved in real estate transactions worth billions of dollars.

According to his own biography, the company currently owns approximately $2.7 billion worth of residential complexes throughout the United States. There has been no independent confirmation of that statistic.

His passion is real estate began when he was very young, but it really took off when he was 29 years old and purchased a single-family home in Houston that he then rented out to tenants.

Immediately after the tenants moved out, he sold the property, and five years later, he purchased a 38-unit apartment complex in San Diego for $1.9 million, with a down payment of only $350,000.

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One month later, he purchased another apartment complex. He continued to acquire apartment complexes, and by 2012, Cardone Capital had acquired 1,016 units for a total of $58 million in investment.

Grant Cardone’s Personal Life

Cardone is married to actress Elena Lyons, with whom he has two children. Scarlett and Sabrina, the couple’s two daughters, are the couple’s only children. He is a follower of the Church of Scientology (Scientology).

Grant Cardone net worth

Grant Cardone’s Malibu Mansion

During the first quarter of 2022, Grant purchased a home in Malibu, California, for $40 million. The home, which is 9,500 square feet in size, is located on Carbon Beach. It had been placed for sale for $50 million at one point.

Larry Ellison, the millionaire founder of Oracle, and movie tycoon Jeffrey Katzenberg are among the building’s immediate neighbours. He once possessed a mansion in Los Angeles, which was purchased for $18 million by musician Lionel Richie, who then sold it to him.

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Cardone was confirmed to be the buyer of Tommy Hilfiger’s Florida mansion in May 2021, according to media reports. He paid a total of $28 million.

Frequently Asked Questions

Why is Grant Cardone So Wealthy?

While Cardone gained notoriety for his best-selling business books and sales training, the majority of his money was generated via real estate investing.

Is Cardone a Billionaire?

Grant Cardone has a net worth of $600 million as of 2022. Grant is not a millionaire yet despite appearing on the show “Undercover Billionaire.” In Louisiana’s Lake Charles, he was born in 1958. He was one of four kids and came from a low-income family.

Why is Grant Cardone well-known?

Grant Cardone is the founder and CEO of Cardone Capital. Cardone Training Technologies, his main business, assists businesses in increasing sales by improving the efficiency of their sales processes.

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