Grant Cardone Net Worth (Money & Salary)

What Is Grant Cardone’s Net Worth?

With a net worth estimated at $600 million, Grant Cardone is an American entrepreneur, author, motivational speaker, and real estate investor. As a prominent figure in sales training, he offers expertise on leadership, real estate investing, entrepreneurship, social media, and finance. Additionally, he has penned eight business books, oversees thirteen business programs, and serves as CEO of seven private companies, boasting over $4 billion in asset management. His notable publications include “The 10X Rule,” “Sell or Be Sold,” and “If You’re Not First, You’re Last,” which have gained bestseller status.

As a thriving real estate investor, Cardone has built a multi-million dollar portfolio and frequently disseminates his strategies and insights through various books, courses, and speaking events. In 2016, he founded Cardone Capital, a firm concentrated on acquiring and managing multi-family residential properties. Furthermore, Grant Cardone has amassed a considerable following on social media, where he is recognized for his motivational content and business insights, alongside glimpses into his personal life.

In 2021, he appeared in the second season of Discovery Channel’s reality show “Undercover Billionaire.” It’s worth noting that Grant is not, in fact, a billionaire, similar to the star of the first season, Glenn Stearns.

Early Life

On March 21, 1958, Grant Cardone was born in Lake Charles, Louisiana, to Curtis Louis Cardone (who passed away in 1968) and Concetta Neil Cardone (who died in 2009). He is the fourth of five siblings and has a twin brother named Gary. After completing his education at LaGrange High School, he graduated from McNeese State University in 1981, where he was later honored with the McNeese State University Distinguished Alumnus Award in 2010.

Career

Upon graduating from college, Grant Cardone opted against pursuing a career in accounting and relocated to Chicago, Illinois, in 1987 to join a sales training company. His journey took him across the United States, eventually living in Houston, Texas for five years, La Jolla, California for twelve years, and finally settling in Los Angeles. During this period, Grant faced a drug addiction and entered rehab at the age of 25. Remarkably, within five years post-rehab, he achieved millionaire status.

His initial wealth accumulation occurred while he was involved in automobile sales, leading to his role as CEO of Freedom Motorsports Group Inc. He was instrumental in creating the reality series “Turnaround King” for National Geographic, which aired in 2011. His enterprises include Cardone Enterprises, Cardone Acquisitions, Cardone Training Technologies, and The Cardone Group, where he trains sales personnel from car dealerships.

Among Grant Cardone’s published works is “If You’re Not First, You’re Last,” which soared to #1 on both Amazon and Barnes and Noble, also earning a spot on the “Wall Street Journal” and “New York Times” bestseller lists. He and his wife Elena have starred in the self-produced web series “The G&E Show.” In 2016, Richtopia listed Cardone at #7 among the global 500 most influential CEOs. The following year, “Forbes” recognized him as the #1 marketer to watch. Additionally, his home was featured on “How’d You Get So Rich?” hosted by Joan Rivers.

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Real Estate Empire

Through his investment vehicle, Cardone Capital, Cardone has successfully established a real estate empire. As per his biography, the company has participated in billions of dollars’ worth of real estate dealings and currently holds around $2.7 billion in apartment buildings across the United States. However, this figure has not been independently verified.

His passion for real estate ignited at a young age, but it truly flourished at 29 when he purchased a single-family home in Houston that he rented out. After selling that property post-tenancy, five years later, he secured a 38-unit complex in San Diego for $1.9 million, with a down payment of just $350,000. A month later, he made another complex acquisition. Cardone continued to accumulate more properties, and by 2012, Cardone Capital had 1,016 apartments valued at a total of $58 million.

Personal Life

Cardone is wed to actress Elena Lyons, and they share two daughters named Scarlett and Sabrina. He is also a member of the Church of Scientology. At the age of 35, Grant had a prior marriage that lasted only one year, concluding in a settlement of $1 million.

Malibu Mansion

In January 2022, Grant acquired a Malibu home for $40 million. The property spans 9,500 square feet and is situated on Carbon Beach. Previously, it was listed for $50 million. The seller, Ukrainian Oligarch Vadim Shulman, obtained the house for $25 million in 2014. Notable neighbors include billionaire Oracle founder Larry Ellison and film mogul Jeffrey Katzenberg. Reports from May 2024 indicate Grant listed the house for $65 million or available for rent at $250,000 per month. Here is a video tour:

Previously, Grant owned a home in Los Angeles, which musician Lionel Richie purchased for $18 million.

In May 2021, it became known that Cardone was the buyer of Tommy Hilfiger’s mansion in Golden Beach, Florida, for $28 million. He subsequently listed this house for sale in May 2024 at $42 million. Here is a video tour of this property: