Grant Cardone’s net worth

Grant Cardone’s net worth

Updated on November 09, 2022 15:38 PM by Michael Davis

Name                                : Grant Cardone
Age                                   : 64
Date of Birth                    : March 21, 1958
Nationality                       : United States of America
Profession                       : Entrepreneur, Presenter, Writer, Radio personality, Salesman
Gender                             : Male
Height                              : 1.75m (5ft 9in)
Net Worth                        : $600 million

Grant Cardone - He is a well-known entrepreneur, speaker, and sales trainer and has previously worked in real estate and automobiles. His best-selling book "The 10X Rule" inspired the creation of the 10X Growth Conference, the biggest entrepreneur and business conference in history. As well as writing eight books to help individuals reach their financial and business goals, Cardone is an entrepreneur and business consultant. A $600 million net worth is the result of Grant Cardone's income and investments.

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Insights into education

In 1981, Grant attended McNeese State University after graduating from LaGrange High School. He graduated from McNeese State University in 1986. In 2010, McNeese University named Grant, a "Distinguished Alumnus." Additionally, Grant is an "OT 8" member of the Church of Scientology and one of its most generous donors. As a result of Scientology, he has gained valuable practical experience and credits El Ron Hubbard with his life's success and wealth.

Career And Early Life of Cardone

(Image Credits: SWISH Sales Coaching.com)

He was born in Lake Charles, Louisiana, on March 21, 1958, the fourth of five children of Curtis and Concetta Cardone. During his high school years, Cardone consumed narcotics and was frequently expelled for being intoxicated, as was his twin brother Gary. When he was ten, his father died, leaving his family poor. His parents assured him that he would finish his education, and he was credited with a $40,000 debt when he graduated from McNeese State University in 1981. 

At age 23, Grant Cardone was robbed, assaulted, and left for dead after consuming and overdosing on drugs many times after beginning his career as a car salesperson and being dismissed from four jobs consecutively. After five years in rehab, Grant Cardone opened his first company, the Cardone Group, providing consulting services to car dealerships throughout the country. His mother's request forced him into rehabilitation. A successful business turned him into a millionaire quickly. 

In his first real estate venture, he rented out a single-family house he purchased in Houston shortly before he turned 30. The investment failed, but that did not stop Grant Cardone from pursuing his interests in the future. After five years in San Diego, the investment was completed when he spent $1.9 million to buy an apartment complex. He later acquired a second apartment building. Through his company, Cardone Capital, he acquired 1,016 apartments worth $58 million by 2012.

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What is the secret to Grant Cardone's wealth

Following his graduation from college, Grant moved to Chicago in 1987. After working as a car salesman in Texas and California, Grant founded a sales training company in Los Angeles. When Grant began his career as a car salesman, he developed a drug problem, forcing him to go to rehab. As Grant recalled, he drove to California with no other items than a mattress strapped to the roof of his car. He was determined to start a new life. Just five years after leaving rehab, he earned his first million dollars. 

Then Grant started investing in real estate with profits from opening his own sales training company. In 2011, Grant filmed a series called "The Turnaround King," where he assisted business owners in turning their companies away from bankruptcy and into profitable businesses. As a sales trainer, Grant started his career after the show's success. "Sell or Be Sold," "If You're Not First, You're Last," "The Closers Survival Guide," and "The 10X Rule" were among Grant's sales books. 

As a result of the 10X Rule, Grant gained international fame and launched the "10X Conference." Despite being seen as a sales trainer, Grant built his fortune through real estate investing. His current investments include Cardone Enterprises, Cardone Training Technologies, Cardone Acquisitions, and The Cardone Group. Grant owns The Cardone Group, Cardone Enterprises, Cardone Training Technologies, and Cardone Acquisitions.

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Being Remarkably Successful Financially

His involvement in reality television also extends to creating the reality series "Turnaround King," which was featured on National Geographic in 2011. A recent episode of the Hulu series "The Kardashians" highlighted his work for 10X Health System. His appearance on an episode of "Undercover Billionaire" was broadcast in 2021, as Cardone is well known in the media world.

A man who sells used cars: Grant Cardone

(Image Credits: ThePopTimes.com)

Then he got a job selling used cars in the automotive industry. Initially, Cardone didn't like selling, and he recalls vividly that he didn't enjoy it very much. Even though his superiors considered laying him off because he did not possess a natural knack for it, Grant decided to become better at it. This only motivated Grant to improve his skills and become a master of his craft. 

Having saved enough money from his six-figure paycheck, he stopped selling used cars and began helping used car dealerships improve their sales with sales training programs five years later. After growing and improving his sales training program, Cardone could now offer training to all companies, including startups, small and medium-sized enterprises, and Fortune 500 corporations.

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Contributing to the community

To help young people develop financial literacy, the Grant Cardone Foundation serves as a mentor. Since children without fathers are statistically more likely to leave school, take drugs, and go to jail, Grant Cardone founded an organisation to help them. The Foundation for a Drug-Free World and the Drug-Free America Foundation received the profits from his book, "Be Obsessed or Be Average."

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Portfolio of thriving properties

As a result of his preference for real estate, Cardone recently acquired a 9,500-square-foot home in Malibu, California, for $40 million. Fascinating business magnate like Jeffrey Katzenberg and Larry Ellison lives next door to him. The house was on the market for $50 million, and he bought it.

A Florida mansion owned by Tommy Hilfiger cost him $28 million in the past. Aside from owning real estate, he also owns several private jets, a large collection of luxury cars, and a fondness for Rolls Royce, Ferrari, and Bentleys. Aside from this, he is a refined watch lover.

Social Media handles 

Instagram - laurenconrad

Twitter - Lauren Conrad

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Lauren's shopping website - Lauren Conrad

FAQ's

Q: Grant Cardone pays how much to his employees?

A: The average salary at Grant Cardone Enterprises is $4,784,918 per year.

Q: How many houses and cars does Grant Cardone own?

A: Houses and cars are considered silly purchases by most Americans.

Q: Does Grant Cardone practice Scientology?

A: His affiliation with Scientology is well known to him.

Q: Grant Cardone: What Does He Do All Day?

A: Each morning, he spends time with his kids at a local coffee shop or breakfast spot to start the day.

Q: Grant Cardone's earnings: what are they?

A: A report in The Strive estimates that he earns $117 million per year, which translates into $9.75 million per month, $2.25 million per week, and $321,428 per day.

Q: What is the name of Grant Cardone's wife? Does he have any children?

A: With his wife, Elena Lyons, he and her two daughters, Scarlette and Sabina Cardone, live in Sunny Isles Beach, Florida.

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