Grant Cardone Net Worth (Money & Salary)

What Is Grant Cardone’s Net Worth?

With a net worth of $600 million, Grant Cardone is an American entrepreneur, author, motivational speaker, and real estate investor. He is known as a professional sales trainer, offering insights on leadership, real estate investing, entrepreneurship, social media, and finance. Grant has penned eight business books and oversees thirteen business programs while serving as the CEO of seven privately-held companies, claiming over $4 billion in assets under management. His best-selling titles on sales, business, and personal development include “The 10X Rule,” “Sell or Be Sold,” and “If You’re Not First, You’re Last.”

As a prosperous real estate investor, Cardone owns a multi-million dollar real estate portfolio and often shares his strategies and insights through his books, courses, and speaking engagements. In 2016, he established Cardone Capital, a firm focused on acquiring and managing multi-family residential properties. Moreover, Grant Cardone has built a substantial following on various social media platforms, where he is recognized for motivational content, business advice, and glimpses into his personal life.

In the second season of Discovery Channel’s reality series “Undercover Billionaire,” which premiered in 2021, Grant made an appearance. As previously mentioned, Grant is not a billionaire, a fact also true for Glenn Stearns, the star of season one.

Early Life

Born on March 21, 1958, in Lake Charles, Louisiana, Grant Cardone is the son of Curtis Louis Cardone (who died in 1968) and Concetta Neil Cardone (who passed away in 2009). Grant is a twin, with a brother named Gary, and is the fourth of five siblings. He graduated from LaGrange High School in Lake Charles and received his degree from McNeese State University in 1981. In 2010, he was honored with the McNeese State University Distinguished Alumnus Award.

Career

Following his graduation, Grant decided against pursuing accounting, moving instead to Chicago, Illinois, in 1987 to join a sales training company. His journey took him across the United States, where he resided in Houston, Texas, for five years, then spent 12 years in La Jolla, California, before settling in Los Angeles. During this period, Grant faced a drug addiction, which led him to rehab at the age of 25. Remarkably, within five years after rehab, he had become a millionaire.

While working in automobile sales, he capitalized on his fortune and became the CEO of Freedom Motorsports Group Inc. He played a pivotal role in creating the National Geographic reality series “Turnaround King,” which aired in 2011. Grant owns various companies, including Cardone Enterprises, Cardone Acquisitions, Cardone Training Technologies, and The Cardone Group, where he assists in training sales personnel from car dealerships.

Among his numerous works, Grant Cardone’s book “If You’re Not First, You’re Last” achieved #1 status on Amazon and Barnes and Noble, also making it to the “Wall Street Journal” and “New York Times” bestseller lists. Furthermore, Grant and his wife Elena star in their self-produced web series “The G&E Show.” In 2016, Richtopia placed him seventh on their global list of the 500 most influential CEOs. Forbes magazine recognized him as the #1 marketer to watch in 2017, and Cardone’s home was featured on “How’d You Get So Rich?” with Joan Rivers.

Real Estate Empire

Through his investment vehicle, Cardone Capital, Cardone has remarkably built a real estate empire by himself. According to his biography, the company has participated in transactions worth billions, presently owning approximately $2.7 billion in apartment buildings across the United States. This figure remains unverified independently.

From a young age, Cardone showed an interest in real estate, which flourished at 29 when he purchased a single-family home in Houston to rent out. After selling the property following the tenants’ departure, he bought a 38-unit complex in San Diego for $1.9 million five years later, with a down payment of only $350,000. Within a month, he acquired another complex. His purchasing of more complexes continued, and by 2012, Cardone Capital had amassed 1,016 apartments valued at a total of $58 million.

Personal Life

Elena Lyons, an actress, is Cardone’s wife. They share two daughters named Scarlett and Sabrina. He is affiliated with the Church of Scientology. At the age of 35, Grant entered into a previous marriage that lasted just one year, concluding in a settlement of $1 million.

Malibu Mansion

In January 2022, Grant purchased a Malibu home for $40 million. This 9,500-square-foot residence sits on Carbon Beach and had at one time been listed at $50 million. The house’s previous owner was Vadim Shulman, a Ukrainian Oligarch, who acquired it for $25 million in 2014. Billionaire Larry Ellison, founder of Oracle, and movie mogul Jeffrey Katzenberg are his immediate neighbors. Reports in May 2024 indicated that Grant listed the house for sale at $65 million or for rent at $250,000 per month. Check out this video tour:

Previously, he owned a Los Angeles home that musician Lionel Richie purchased for $18 million.

In May 2021, it came to light that Cardone was the buyer of Tommy Hilfiger’s mansion located in Golden Beach, Florida, for which he paid $28 million. He subsequently listed this property for $42 million in May 2024. View the video tour of this house here: