Grant Cardone’s 2024 Net Worth: How He Built a Multimillion-Dollar Empire

Self-made millionaire One of the most important people in the fields of sales and corporate motivation is Grant Cardone. Cardone, who was born in 1958, has established himself as a wealth-building and motivational speaker expert.

He developed his abilities over more than 35 years, working with several businesses, including Fortune 500 firms like Google, Sprint, Aflac, Toyota, GM, Ford, and thousands more, to become a highly sought-after sales consultant. He highlights the idea of the “10X Rule,” which is to aim ten times higher than you believe you’ll need to in order to accomplish your objectives.
What is Grant Cardone Net-worth?

In addition to conducting seminars and penning best-selling books, Cardone grew from modest beginnings to become a real estate empire.

Grant Cardone’s net worth is estimated to be around $600 million.

Cardone became a millionaire by the age of thirty, according to Nasdaq, and he hasn’t looked back. He has amassed a remarkable estimated net worth of $600 million. This remarkable amount is the result of a multifaceted strategy that includes best-selling books, profitable real estate ventures, and effective sales training initiatives.

Cardone’s “actual” net worth is estimated by Equity Atlas to be approximately $2.5 billion as of 2023.

With a multibillion dollar real estate portfolio that exceeds $4 billion, Cardone Capital is a proud owner. Their Cardone Real Estate Acquisitions business focuses on finding and acquiring properties primarily for rental income. It was established in 1995 and initially targeted multi-family homes around the United States. Their first major project was a San Diego apartment building worth $1.9 million. They have grown to be a significant force in Florida’s private acquisition market by 2012. These ventures became the foundation for its present-day incarnation, the Cardone Capital. Their portfolio has ballooned to a staggering value of over $1.4 billion.

Cardone has a history of promoting social media’s capabilities without ever holding back when speaking about its possibilities. A social media titan, he enthralls audiences with his sales, motivational, and entrepreneurial advice. His popularity is widespread, with 2.42 million YouTube followers, 1.1 million on X, 4.7 million on Instagram, and an astounding 7 million on Facebook. Even Twitter has named him one of the Top 10 Business Coaches to follow.

Cardone claims that hundreds of millions of dollars in revenue have come in via Cardone University’s online business programs.

In 2011, Cardone began writing, and to date, she has seven books published. The New York Times bestseller “The 10X Rule: The Only Difference Between Success and Failure” was the result of his meteoric rise to fame.

Humble beginnings

Cardone was the fourth of five children, and his father’s passing rocked the family. He was motivated by his father all the time, and he looked up to him. He started using drugs when he was a teenager because he was having trouble coping. He checked himself into rehab at the age of 25, and he hasn’t wavered in his resolve to stay clean.

After leaving treatment, Cardone started working as a sales consultant, providing specialized training and direction on how to apply profitable, customer-focused techniques that are advantageous to both companies and their clients.

Over the past thirty years, Cardone’s impact has surpassed the realm of business; he has made a name for himself as an international speaker, author, entrepreneur, and investor.

Cardone, who is 66 years old, is the CEO of several businesses, such as Cardone Enterprises, Cardone Capital, a real estate company with a sizable portfolio, and Cardone Training Technologies, which is focused on improving sales performance for businesses. His other business endeavors include Grant Cardone TV Network, Cardone Acquisitions, and Cardone University, an online platform that provides sales training courses. Additionally, he manages equity funds with assets valued at billions of dollars.

Cardone’s influence goes much beyond the economic world. A powerful motivator, he founded The 10X Growth Conferences, which are acknowledged as the largest business gatherings in the US.

Cardone is wed to the actress Elena Lyons, with whom she shares two daughters.

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Not without censure

Cardone’s aggressive style and a few of his promotional strategies have drawn criticism, although he hasn’t yet suffered significant consequences. He is accused of deceiving investors on social media by making inflated claims of large profits, according to a 2020 class-action complaint. Cardone refuted the allegations, characterizing the legal action as a sign of a system that promotes baseless lawsuits.

Using Scientology in business practices

Cardone, a well-known Scientologist, has come under fire for incorporating Church of Scientology doctrine into his business practices. The case brought by the former employees has been settled, according to Huffpost.com, although the specifics of the compensation have not been made public.

Cardone Disagrees With The Masses

Though the term “millionaire” used to evoke images of wealth and stability, Cardone—a well-known personal finance media personality with over $4 billion in total assets under management—disagrees.

In his most recent book, “The Wealth Creation Formula,” he stated, “A million dollars isn’t enough.” As a baseline, he instead aims for the more ambitious amount of $10 million.

Although the typical middle-class American would laugh at such a concept, Cardone’s logic is based on the hard facts of contemporary economy. The length of retirement increases in tandem with life expectancy. Relying solely on a million could leave retirees struggling to make ends meet, given that they may have three decades or more to fund.

“Just figure it out,” asserts Cardone. “If you divide a million dollars over 35 years, you will receive either $2,500 per month or $30,000 annually.”

Furthermore, it becomes increasingly difficult to define financial security in a world where the average rent alone can consume a sizable portion of that.

Taking inflation into account strengthens Cardone’s position. In light of growing expenses, he declared, “It’s a myth” that a million dollars will be enough. Cardone emphasizes that in order to succeed, one must aim higher.

What Is Grant Cardone’s Net Worth?

With a net worth of $600 million, Grant Cardone is an American author, real estate investor, entrepreneur, and motivational speaker. Professional sales trainer Grant Cardone also speaks on a variety of topics including social media, entrepreneurship, real estate investing, and finance. He is the CEO of seven privately owned firms, has authored eight business books, oversees thirteen business programs, and claims to be managing assets worth over $4 billion. Best-selling books on business, sales, and personal development that Cardone has authored include “The 10X Rule,” “Sell or Be Sold,” and “If You’re Not First, You’re Last.”

Owning a multi-million dollar real estate portfolio, he is a successful real estate investor who often offers his ideas and insights through speaking events, books, and courses. During 2016, Cardone founded Cardone Capital, a real estate investment firm that focuses on acquiring and managing multi-family residential properties. With a significant following on various social media platforms, Grant Cardone is known for his motivational content, business advice, and insights into his personal life.

Childhood

On March 21, 1958, Grant Cardone was born in Lake Charles, Louisiana. Concetta Neil Cardone (who died in 2009) and Curtis Louis Cardone (who died in 1968) were his parents. Grant is the fourth of five children, with a twin brother named Gary. He completed his education at Lake Charles’ LaGrange High School and McNeese State University in 1981. In the end, he would receive the 2010 Distinguished Alumnus Award from McNeese State University.

Career

Grant decided not to continue in his initial career of accounting after graduating from college, and in 1987 he relocated to Chicago, Illinois, to work for a sales training organization. After traveling throughout the country, he lived for five years in Houston, Texas, and twelve years in La Jolla, California, and then finally Los Angeles. Along the way, Grant developed a drug problem and, at age 25, entered rehab. Within five years of leaving rehab, he was a millionaire.

He started making his money while selling cars, and he eventually rose to the position of CEO of Freedom Motorsports Group Inc. The 2011 National Geographic reality series “Turnaround King” was developed with his assistance. In addition to helping train salespeople from auto dealerships, Grant is the owner of Cardone Enterprises, Cardone Acquisitions, Cardone Training Technologies, and The Cardone Group.

A number of books have been written by Grant Cardone, such as “If You’re Not First, You’re Last,” which made the Wall Street Journal and New York Times bestseller lists and debuted at number one on Amazon and Barnes & Noble. Starring in the web series “The G&E Show,” which they self-produced, are Grant and his spouse Elena. Cardone was ranked #7 on Richtopia’s global list of the 500 most powerful CEOs in the world in 2016.  He was named the #1 marketer to watch by “Forbes” magazine in 2017. Cardone’s home was featured on “How’d You Get So Rich?” with Joan Rivers.

Empire Real Estate

Cardone founded Cardone Capital, an investment company, and used it to build an empire in real estate on his own. According to his own biography, the corporation has been involved in real estate transactions worth billions of dollars and currently owns residential buildings in the United States valued at about $2.7 billion. There has been no independent confirmation of that number.

His passion in real estate started at an early age, but it really took off when he acquired a Houston single-family home at age 29 and started renting it out. After the tenants vacated, he sold the building, and five years later, with just a $350,000 down payment, he purchased a 38-unit San Diego complex for $1.9 million. After a month, he purchased an additional complex. He went on to purchase more complexes, and by 2012, Cardone Capital owned 1,016 apartments for a total of $58 million