Grant Cardone Net Worth
$600 Million dollars
Grant Cardone Bio
|Date of Birth
|March 21, 1958 (65 years)
|Lake Charles, Louisiana, USA
|Author, Sales Trainer, Private Equity Fund manager, Real Estate Mogul
|Curtis Louis Cardone (Father)
Concetta Neil Cardone (Mother)
|Elena Lyons Rosaia (2nd present)
How much is Grant Cardone net worth?
Grant Cardone is a professional speaker and a sales trainer on leadership, author, entrepreneurship, real estate investing, finance, and social media. Grant Cardone net worth is $600 million.
He is the author of eight business books so far. He is a Private Equity Fund manager. He runs thirteen business programs. And he is also the CEO of seven privately-held companies claiming over $4 billion in assets under management.
Grant Cardone was born on March 21, 1958 in Lake Charles, Louisiana. His father and mother were Curtis Louis Cardone (passed away in 1968) and Concetta Neil Cardone (passed away in 2009).
Grant has a twin brother called Gary, and he’s the fourth child out of five. He got admission in LaGrange High School in Lake Charles and finally graduated at McNeese State University in 1981.
They gave him an award in 2010 named the McNeese State University Distinguished Alumnus Award. That’s amazing!
Grant decided not to pursue his field of accounting right after college. Instead, in 1987, he packed up and moved to work for a sales training company in Chicago, Illinois.
He traveled all around the U.S., living in Houston, Texas for five years, then La Jolla, California for 12 years, and finally settled in Los Angeles. Along this amazing journey, Grant faced some problems, and when he was 25, he entered rehab to get things done.
Would you believe that within just five years after leaving rehab, he was a millionaire?
So, Grant started earning his fortune when he worked in automobile sales and eventually became the CEO at Freedom Motorsports Group Inc. Cool, isn’t it? He even got into Television, helping create a reality series named Turnaround King for National Geographic in 2011.
Now, Grant’s got his own companies – he owns Cardone Enterprises, Cardone Ventures, 10X Studios, Cardone Training Technologies, Cardone Acquisitions, and The Cardone Group. Also, he helps train the salesmen from car dealerships.
He is also a creator of Cardone U online education and The 10X Growth Conferences which is the largest business conference in the US.
Grant Cardone wrote many great books, and one of them, “If You’re Not First, You’re Last,” was a big hit of its time. It rocked #1 on Amazon and Barnes and Nobles, and it even made it to the top on lists like Wall Street Journal’s and The New York Times bestsellers.
Grant and his wife Elena do their self-produced web series named “The G&E Show”. Some big shots at Richtopia said in 2016 that Grant was the 7th most influential CEO out of 500 globally.
The famous magazine Forbes named him the #1 marketer to watch by in 2017. Oh, and guess what? Joan Rivers featured Grant’s home on “How’d You Get So Rich?”
Real Estate Empire
Grant Cardone built his real estate empire single-handedly through his investment vehicle known as Cardone Capital.
The company has done billions of dollars real estate transactions so far and as of today owns nearly a staggering $2.7 billion worth of apartment buildings in the United States. This is according to his own biography. This amount has not been confirmed independently though.
He started to show his interest in real estate when he was young, but when he was 29 years of age, his interest increased a lot. He purchased a single-family house in Houston and rented out the property.
When the tenants left the house, he sold this property. After five years, he got a 38-unit complex for $1.9 million in San Diego. He paid a down payment of only $350,000. After one month, he again bought another complex.
He kept buying more properties and by 2012, you may be surprised that his company Cardone Capital spent $58 million to own 1,016 apartment complexes.
Grant Cardone married to actress Elena Lyons Rosaia on July 4, 2004. Elena gave birth to two daughters named Scarlett and Sabrina. Cardone is a member of the Church of Scientology.
Grant Cardone had his first marriage at an age of 35 that lasted only for one year. His first wife was happy to get $1,000,000. Actually, they both quitted the marriage long before it officially ended. Cardone said about this:
“The fact was I was wrong for her, and she was wrong for me.”
Grant Cardone bought a 9,500 square-foot home for a whopping $40 million in Malibu, California. It is located on Carbon Beach. At one point, it was listed for $50 million.
His immediate neighbors include movie mogul Jeffrey Katzenberg and famous Oracle founder billionaire Larry Ellison.
Previously, he owned a house in Los Angeles which was bought for $18 million by musician Lionel Richie.
It was revealed in May 2021 that Grant Cardone bought Tommy Hilfiger’s Florida mansion. He paid a huge $28 million for it.