Have you ever heard of someone who single-handedly built a wealth portfolio reaching millions of dollars? There’s every chance that the person is Grant Cardone. Grant is a successful real estate and cryptocurrency investor, author, entrepreneur, and a whole lot of things! His versatility, innovative thinking, and determination to build a sustainable career made him overcome numerous challenges in his journey to netting a whopping sum of $600 million in worth.
Today, Grant Cardone’s net worth is the icing on his cake of hard work, clever identification of opportunities, and an unending zeal to make it big. Grant Cardone is renowned as the CEO of Cardone Capital and six other highly valued companies. He is also a popular author, writing motivational books and investment articles and making huge profits in the process.
Before becoming the wealthy entrepreneur that he is today, Grant had to climb several personal hurdles, including numerous addictions. So, there are lots of lessons to be learned in his wealth-making story. This article will reveal those lessons and help you learn about Grant Cardone’s net worth.
Grant Cardone’s Background
The American millionaire Grant Cardone (@GrantCardone) was born on March 28, 1958, in Lake Charles, Louisiana. Grant is the fourth of five children and has a twin brother named Gary. He started his academic journey at LaGrange High School and accounting at McNeese State University, graduating in 1981. Twenty-nine years later, Grant received the McNeese State University Distinguished Alumnus Award.
At the time of writing, Grant Cardone holds accolades as a successful entrepreneur and CEO of several companies. He is also an author and international speaker and is very big on real estate investments that fetched him most of his wealth.
Grant got married at age 35, but the union lasted one year and was disbanded after a $1 million divorce settlement. Currently, he is married to actress Elena Lyons (2004 – date) and has two kids.
How Did Grant Cardone Start Making Money?
Grant’s financial journey started with tough decisions. At first, the American had to end his academic journey as he decided not to pursue a career in accounting. Instead, in 1987, he worked for a sales training company in the USA. Then, he faced a major setback—drug addiction. Grant soon identified this existential threat to his success and entered rehab to end it. Rehab worked like magic for Grant Cardone, and he came out as a focused man at age 25.
After rehab, Grant restarted his career at an automobile sales company, Freedom Motorsports Group Inc., where he rose to the CEO position. Almost immediately, he launched his sales consultant career, providing companies with guidelines on implementing profitable services. The American businessman has rendered sales consultations to big companies, including Toyota, Google, Aflac, Sprint, and many more.
He developed the “10X Rule“—a motivational mindset where you aim for outcomes 10 times bigger than what you initially think possible. With this rule in mind, Grant Cardone delved into real estate investment at age 29, and one year later, he became a millionaire. At present, Cardone Capital boasts over $4 billion in assets under management – and he is a multimillionaire as well!
What is Grant Cardone’s Net Worth?
While it is impossible to get its exact value, Grant Cardone’s net worth is estimated at around $600 million in 2024. He achieved this feat by honing his skills in sales consultation, entrepreneurship, cryptocurrency investment, and, most importantly, real estate management.
You might be wondering: “Why can’t we provide an exact value for Grant Cardone’s net worth?” That’s because the American investor has more wealth streams than you can find online. Grant Cardone is a master at real estate investment, and his book sales also generate massive income, coupled with the investments he made in cryptocurrency.
A 2023 report, Equity Atlas, projects his net worth to be around $2.5 billion, showing how wide his income flows. Let’s check out some of the major components that made Grant Cardone become a financial giant today.
Real Estate Management
Although Grant Cardone developed an interest in real estate from a young age, he officially entered the business at age 29. His first remarkable investment happened in 1987 when he acquired a single-family home in Houston that he rented out. After the tenants left years later, he sold the property at a huge profit.
Grant Cardone waited five years, planning and strategizing, before making his next move. He bought a 38-unit complex in San Diego for $1.9 million, paying a down payment of just $350,000. Since then, Cardone kept on enlarging his coasts, and by 2012, his firm owned 1,016 properties, totaling over $58 million.
Speaking of firms, Cardone started one in 1988, which soon metamorphosed into Cardone Capital. The company was the major instrument through which he built his real estate empire. The Cardone Real Estate Acquisition division, launched in 1995, was responsible for identifying and securing properties.
Thanks to the firm’s success over the years, the real estate acquisition division’s portfolio has skyrocketed to an astounding value of over $1.4 billion. This, without any doubt, is a major contributor to Grant Cardone’s $600 million net worth.
Since the launch of his first company, Cardone has been the CEO of several privately-owned ventures. They include Cardone Enterprises, Cardone Capital, Cardone Training Technologies, Cardone University (online), Cardone Acquisitions, The Cardone Group, and Grant Cardone TV Network. All of these ventures have impacted the entrepreneur’s finances, placing him among the wealthiest folks in the world!
Grant Cardone’s Public Speaking Career
Beyond the entrepreneurial scope, Grant Cardone also holds relevance in other activities, including public speaking. He hosts plenty of shows on Grant Cardone TV Network and attends events, seminars, and conferences where he gives motivational speeches to the public.
Grant Cardone is famous for the 10X Growth Conferences, where he gives expert insights on how to become a successful businessperson. In my opinion, his speeches are highly recommendable for businesses that want to imbibe the 10X Rule developed by Grant Cardone. Today, the 10X Growth Conference is the biggest business conference in the United States of America!
Grant Cardone’s Books
In 2011, Grant Cardone searched for his inner potential and picked a new skill—writing. Since then, he has published seven powerful business-oriented books, including “If You’re Not First, You’re Last,” which hit #1 on Amazon. Likewise, his book “The 10X Rule: The Only Difference Between Success and Failure” was a huge success, becoming a New York Times bestseller within months of release.
Grant Cardone’s Socials
Is there a better way to propagate your business ideologies and advertise your services than to exploit social media usage? I beg to differ, and I think Grant Cardone does too.
The American investor has consistently shown how much he wants to improve his social strength, regardless of his already solid stance. He leverages his massive following on social media, advertising and creating awareness about his plans, motivational speeches, and business ideas.
Currently, Grant Cardone has a massive following of over 2.42 million YouTube subscribers, 4.7 million followers on Instagram, 1.1 million on X (Twitter), and over 7 million on Facebook. Furthermore, he is recommended and recognized as a Top 10 Business Coach to Follow on X (formerly Twitter).
Does Grant Cardone Invest in Crypto?
The renowned American real estate manager is also well-informed about the crypto space, its benefits, and likely downsides. Although most of his wealth comes from his endeavors in the real estate sector, Grant Cardone finds a way to incorporate Bitcoin holdings into his business to generate more income. Specifically, in recent years, Grant has publicly admitted to selling off some properties to acquire the Bitcoin asset due to its glaring benefits.
Cardone also uses his media influence to his views on cryptocurrency trading, especially with regards to BTC. For instance, on March 29, 2022, Cardone wrote a post on his website, GCTV. In the article titled “Investing in Crypto, Stocks, or Real Estate,” Grant Cardone highlighted the upward trajectory of all three financial sectors and provided a video analysis that can help viewers decide which of the three sectors is the safest to invest in.
However, plainly speaking, Cardone sees real estate management as a better choice for long-term investments than crypto. Nonetheless, he regularly provides his fans and viewers with clarity concerning the benefits and risks of crypto, as he is also a seasoned trader himself. Cardone’s interest in crypto suggests he is an open-minded investor willing to explore emerging markets and industries. However, he is always very careful with his investments so as to prevent potential risks in some sectors, like cryptocurrency.
Criticisms Surrounding Grant Cardone
Cardone’s road to about $600 million net worth did not happen without drawing a few controversies. However, the prolific entrepreneur has managed to scale through all of them to date.
A major instance is one that happened in 2020 when a class-action lawsuit was filed against him. The lawsuit claimed that he misled investors through his social media by exaggerating the returns on specific investments. Grant Cardone denied such claims, labeling the lawsuit as a symptom of a system that encourages frivolous litigation.
