Grant Cardone Net Worth: How Did He Make His Money?

Grant Cardone is blowing up all over social media. He’s on YouTube, Facebook, Instagram, Snapchat and some other platforms.

He’s even appeared on the TV Show Undercover Billionaire. But many people have been wondering who the heck this guy is.

Since he is constantly talking about how much money he’s making, and the deals he’s making, today I’m giving you all the details about Grant Cardone including his net worth.

We will take a closer look at Grant Cardone’s net worth and how he made his money.

Before I start…

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Grant Cardone’s Net Worth: Life Bio & More

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Grant Cardone’s Background

Grant Cardone, aged 60 years, is an American a real estate expert, a New York Times best-selling author, a recognized industrial sales training expert, social media influencer, motivational speaker on matters concerning finance as well as a sales and business expert.

Grant Cardone

He is also the founder and CEO of Cardone enterprises. His main venture, the Cardone training technologies, provide fortunes 500 companies, entrepreneurs and small businesses with an interactive sales training platform. He owns Cardone Enterprises, Cardone Acquisitions, Cardone Training Technologies, and The Cardone Group.

In addition to that, Grant is also well-known for building a massive real estate empire from humble beginnings. The current valuation of his real estate empire is around $5 billion. His real estate company has been involved in more than $5 billion in real estate transactions and has bought more than 5,000 units of multi-family properties throughout the US.

In 2017, Grant Cardone was named by Forbes as first out of 25 market influencers to watch out for.

Grant Cardone is very active on social media. He uses major social media platforms including YouTube and Facebook to popularize his businesses and programs.

Grant Cardone YouTube

He has more than 2.3 million subscribers on YouTube, 6.8 million followers on Facebook, 871K followers on Twitter, 4.2 Million followers on Instagram, and 1.7 million followers on Tiktok. He also has an on-demand business TV network called Grant Cardone TV. Finally he even appeared on Season 2 of Undercover Billionaire where he had the challenge of taking a business from zero to $1 million valuation in 90 days. He achieved this with his business being valued at $5.5 million.

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Early Life

Grant Cardone was actually born in Lake Charles on 21st, March 1958. He went to LaGrange high school and later graduated with a degree in accounting from McNeese state university.

Grant Cardone parents Curtis Cardone and Concetta Cardone. He is fourth out of five children and has a twin sibling named Gary Cardone.

Grant grew up poor and after losing his dad at the age of 10, he began a spiral of troublesome behavior. He believes that the lack of a male figure to look up to had to do with his wayward behavior.

Education

As a teenager Grant was heavily into drugs and alcohol. Consequently, he was in and out of school due to detention and suspensions.

However, he did manage to graduate from high school and went on to graduate from McNeese State University in 1981. Grant got the Distinguished Alumnus Award from McNeese in 2010.

A life of Addiction and Rehabilitation

When he was 25, Grant was admitted to a rehab center for drug addiction.

While at the rehab center, he came to realize that the main reason why rehab centers have little success rate is that they usually treat the symptoms instead of treating the root cause of the problem.

However, he had a positive attitude while at the rehab and it worked for him because ever since he came out of the rehab center, he has never used drugs again.

He was determined to succeed and he knew the only way to be successful is by fixing his problems.

After an extensive analysis of his life, he came to realize that the main reason why he started using drugs was because of a lack purpose as well as his inability to get over his dad who passed on when he was 10 years.

To cut the long story short, Grant Cardone got out of the rehab center and devoted all his energy to doing something constructive and by the age of 30, he had already managed to save around a million dollars which he put into real estate and other business ventures that have since grown to where he is today.

Personal Life

Aside from his success in the business world, Grant is also a family man. He has been married to Elena Lyons since 2004 and they have two beautiful daughters named Scarlet Cardone and Sabrina Cardone.

His wife, who was born in Madrid, Spain, is an American actress and just recently she completed her flight lessons to become a pilot.

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What is Grant Cardone’s Net Worth?

Grant Cardone net worth as of 2023 is estimated at between $600 million and $2.6 billion according to various online sources. We believe that his net worth is likely between $1-2 billion given that his real estate portfolio is now over $5 billion.

Much of that is down to his massive real estate empire although he has other sources of income.

He is also a sales coach, author, and motivational speaker. He overcame many challenges on the way to where he is now but his love for what he did enabled him to persevere and do well.

Grant Cardone wears many hats, he’s a Real Estate Mogul, Best-Selling Author, Automobile Sales Trainer, international speaker, and philanthropist.

How Grant Cardone Makes His Money

Grant Cardone first business was a consulting company in the auto industry. This business focused on consulting with car dealers and manufactures in the US and Canada and educated them on how they could change their systems to make their services fast, efficient, reliable and consumer friendly.

Grant said that this business is still going strong. He says that he actually started this business with 50 grand but 30 years later, this business earns him over $10 million each year.

His second business was writing books and programs. So far Grant Cardone has written seven books and has launched 13 bestselling online programs.

Some of the books that he has written include The 10x rule, The Closers Survival Guide, Sell to Survive and Be Obsessed or be Average (plus some other sales programs).

My personal favourite which I often listen to in audio format is Be Obsessed or be Average!

Grant Cardone Net Worth: How Did He Make His Money? 7

His third business was the establishment of Cardone on demand and Cardone University.

After spending 17 years in school, Grant Cardone was not happy with the education system. According to him, the education system in the US is broken because it does not equip students with the necessary skills, it is expensive and takes too long to complete.

He created this online platform to target entrepreneurs and sales organizations. His main aim was to educate them about sales. This business has really grown and he expects to go global in the coming years.

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Cardone Capital

His fourth business, Cardone Capital, is a giant real estate company. According to Grant Cardone, the Cardone Capital is the mother of all his businesses and through it, he manages his investment properties.

Grant has been passionate about the real estate market since he was a teenager. His real estate company owns and controls around $1 billion worth of real estate holdings.

Grant Cardone early history with real estate investments

Grant has been passionate about the real estate market since the age of 15. When he was still young, he and his father, who was a very successful businessman, visited various pieces of land and over time his interest in matters real estate intensified. Shopping for properties is something that Grant Cardone still enjoys up to date.

Grant Cardone graduated with an accounting degree in 1981 and despite him wanting to venture into the real estate market immediately, he decided to postpone what he liked to do for a few years. This was a crucial decision because it allowed him to gather enough resources which he would later use to invest in real estate. It also gave him enough time to research and educate himself about the real estate process.

Grant Cardone’s first venture in real estate investment

After struggling with drug abuse for a while, Grant Cardone as finally able to put his life together and at the age of 29 he decided to venture into the real estate market. He would later found The Cardone Group.

He bought his first property in Houston. It was a single house family property which he later rented. However, after a few months, all tenants moved out and he was left broke because he had invested all his savings on that property.

He later decided to sell the house because he feared that the same problem we occur if he looked for other tenants and swore that he will never again purchase a single family unit in real estate.

Grant Cardone Net Worth: How Did He Make His Money? 8

Grant Cardone realized things were not simple as he thought after his first purchase did not go as he thought it would.

He took a break for 5 years before he purchased his second property. He took a short break to continue saving money as well as deepen his understanding of the real estate market. He later purchased is first multimillion property in San Diego, a 38 unit complex which cost him $1.9 million.

In less than a month, he acquired another property and the process repeated itself over and over as he built his real estate portfolio.

In 2012, his real estate company purchased the largest private multi-family property in Florida at a total cost of $58 million.

In an interview, Grant Cardone disclosed that only less than 2% of his real estate properties are owned by external partners, majority of whom are his close family members and friends.

He also disclosed that the majority of his acquisitions are funded by loans from banks and his personal cash. Currently, Grant Cardone has real estate investments in many US states including Tennessee, North Carolina, Georgia, Alabama, Texas, and Arizona.

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The catalyst of Grant Cardone success

Grant Cardone says that he dislikes taking risks.

Before he makes any crucial investment decision, he usually conducts extensive research to ensure that he minimizes the risk of losing money.

He also says that he does not just come to work to work. Instead, he goes to work to improve his financial situation. Since he was a child, he has always wanted to have money because he discovered that whoever has money has power and control.

This is an important lesson that he learned when his father passed on. His father was a successful businessman. He had the money and used it, controlled it and invested it.

However, when he passed on, his mother knew nothing about money, a factor that made her struggle to sustain the family.

Grant Cardone says that his appetite to make good investments has contributed to his success. He makes a lot of investment that he knows he cannot lose. He only invests on things that are going to work.

He also invests on things that generate good cash flows quickly. Another vital reason for his success is helping people. He says that it is the one thing that has fast-tracked his success. He says that he has gained a lot of knowledge in the process.

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My Favourite Grant Cardone Videos

I’m also a big fan of Tai Lopez as I have reviewed a number of his programs like his SMMA 3.0 program and Amazon Sales Blueprint program.

Tai did an interview with Grant Cardone which I think is a great video.

The next video is probably my favourite interview Grant has ever done and is by London Real:

Conclusion

I hope you have enjoyed this article on Grant Cardone and I hope it has helped you learn more about the man himself.

As you can tell from my article I am clearly a fan of his ways, I listen to his videos and audio books regularly, and he has inspired me to do more in my life.

Before you leave

If you’re tired of scams and want a real solution for making money online, check out my no.1 recommendation.

This is the best business to start in 2023 and made me over 27k last month alone:

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David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.

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