|Net Worth:||$300 Million|
|Date of Birth:||March 21, 1958|
|Source of Wealth:||Real Estate Mogul, Automobile Sales Trainer, Best Selling Author, Philanthropist, International Speaker|
Grant Cardone’s net Worth is projected to be $300 million as of 2020, at the age of 61. He’s a sales consultant, author, and motivational speaker best known for his vast real estate empire. His rise to fame and fortune was not without setbacks, but his perseverance and commitment to closing deals allowed him to become the business mogul.
Grant Cardone’s Early Life
Grant Cardone, in his own words, “grew up bad.” On March 21, 1958, he was born in Lake Charles, Louisiana, to a family of four that included his identical twin brother, Gary. When he was of ten years, he lost his father, which set off a bad behavior reaction. Grant states that after his father died, he no longer had a male figure to look up to. He knows that he had people who were on par with him or better than him.
Grant’s teenage life bears little similarity to the adult he later became. His adolescent years were marred by drug and alcohol abuse. Grant graduated from high school while being in and out of school due to detention and suspensions. In 1981, he admitted his bachelor’s degree from McNeese State University. Grant would later win McNeese’s Distinguished Alumnus Award in 2010.
Cardone’s Early Career
After graduating from college, Grant Cardone worked for a sales firm. He lived in Houston, TX, Los Angeles, and LaJolla, CA. During this time, he developed a serious drug addiction, which necessitated a stay in rehab. Grant had a new lease on life when he graduated from rehab at the age of 25. He despised his work as a salesman, but he despised being broke even more. He also knew that working there kept him occupied and concentrated.
He also knew that getting that job kept him busy and focused and that he wouldn’t have time for drugs if he didn’t have it. Although working as a car dealer and investing in real estate on the side, Grant became a millionaire in the next five years.
“Your greatness is defined only by the investments you make in yourself” – Grant Cardone.
Grant Cardone jots down everything he needs to do and then obsesses about it. The list includes his relatives. He is determined to be a wonderful father and husband. Grant is very resourceful about allocating his time between his companies and his family to make things work for them.
Elena Lyons, a Spanish actress, and model is Grant Cardone’s wife. Scarlette and Sabrina Cardone, their two children, live with them in Sunny Isles Beach, Florida. Grant Cardone is a well-known father and grandfather.
When asked how he survives to fit all in, he always starts with his family. He understands that this issue is about his time with his girlfriend, with whom he spends most of his time.
Most Americans move into debt to buy a home and a car. According to Grant Cardone, those are stupid purchases.
Grant Cardone spends his mornings with his children as a father. Before school and work, they normally spend time out of the house at a nearby coffee shop or breakfast place. This provides his children with quality time and consistency with their father. He also takes them to the gym with him. He makes time for them on purpose in his life.
It’s a bit easier for him because he and his wife work together. Their collaboration is purposeful and satisfying. They both work on projects that are unique to their specific skill sets. Individuality is created when both are working and playing together. Grant Cardone is a well-known Scientologist who is open about his membership in the group.
He attributes Scientology to improving every aspect of his life, including his financial situation and physical health. He continues to believe in God and follow his Catholic religion. On the other hand, Cardone says that Scientology courses have given him emphasis and a sense of well-being.
Before the Real Estate
Grant Cardone started his career as a consultant. In the United States and Canada, he collaborated with car dealerships and suppliers. The aim was to make their sales processes more consumer-friendly, reliable, and profitable to satisfy consumers and dealers. Grant set out to disrupt the automotive industry, and the industry paid him to do so. He consulted while still operating in auto sales until he had sufficient money to spend on his second real estate investment.
Net Worth from Investing in Real Estate
Grant Cardone bought his first house, a single-family home in Houston while working as a car salesman. They left after seven months of renting to tenants. Grant Cardone’s bank account was depleted. This will be his first real estate lesson.
He didn’t want to be dependent on a single tenant for revenue or cash flow. He determined that his next property would be a multi-family complex in five years. A month after his first multi-family property, he bought his second property. He planned to use money from the first two to fund the third.
Grant continued to use this strategy, eventually acquiring more and more territory. Grant Cardone’s company was said to have made the most private-party acquisitions in Florida by 2012, especially in multi-family real estate. He now owns 4,500 homes.
Grant’s Real Estate Holdings
Grant Cardone also owns Cardone Capital, Cardone Training Technologies, Grant Cardone TV, and Grant Cardone Sales University, generating millions of dollars in revenue per year. His businesses are said to own and manage investment assets worth $800 million in the United States. Alabama, Arizona, California, Florida, Georgia, North Carolina, and South Carolina are all part of his multibillion-dollar real estate empire.
In interviews, Cardone has confirmed that all of his properties are exclusively owned by him, except a small part of his real estate responsibility, owned by outside investors, including family and friends. He maintains a close relationship with his employees. The majority of his portfolio is backed by bank and investor debt. He considers debt to be beneficial and money to be a means for obtaining independence. Grant Cardone’s wealth is derived from a variety of sources.
Grant Cardone’s net Worth currently includes many homes and cars as he offers this advice. His justification for owning these “luxury” products was that he had won the right to do so. According to him, if you haven’t made millions of dollars, you shouldn’t buy a house or a car with your hard-earned money.
He has also authored five books:
- “Sell to Survive”
- The 10X Rule.”
- “The Closer’s Survival Guide”
- “Sell to Sold”
- “If You’re Not First, You’re Last” (#1 best seller)
Several firms, including Google, Toyota, Aflac, and Ford Motor Company, use Grant Cardone’s sales programs. Grant Cardone TV, an on-demand business television network, is another choice.
Grant first appeared on television when he appeared on Joan Rivers’ “How’d You Get So Rich” program. Grant assisted in the production of “Turnaround King,” a National Geographic exhibition, in 2011. He visited failing exchanges and would then give guidance and action steps to get their business successful. He and his wife currently compose a web set called “The G & E Show.”
Grant can be seen as a regular on-air news personality on Fox News, CNBC, Fox Business, and MSNBC, among other business news sources. Grant also contributes to Entrepreneur.com, BusinessInsider, CNBC, AmexForum, and GCTV.com daily. Forbes listed grant Cardone as one of the top 25 marketing influencers to watch in 2017.
Grant Takes The Stage
Cardone has also spoken at a Capitalism.com event called Freedom Fastlane Live. His keynote discussed what it takes to 10X all in life and industry, like purchasing hundreds of millions of dollars in property and competing in the major leagues of business.
Cardone’s 10X Rule
The 10X Rule was conceived as a result of writing books and programs. Grant Cardone created this wildly successful stand-alone brand. The fundamental assumption of the book is that you can find out what you want to do. The effort required to get there is then multiplied by ten. This has to do with money, company, relationships, and family.
Grant holds a three-day conference for business owners and entrepreneurs every year based on the book’s concepts. The conference claims to change people’s mindsets and attitudes, giving them the courage to take their lives to the next level. Sales, marketing, building a dream life, branding, and other subjects are covered at this meeting. It pushes sales and marketing experts to raise their game tenfold.
Steve Harvey, Tai Lopex, Daymond John, Russell Brunson, Sarah Blakely, Bethenny Frankel, and many others have all spoken at this gathering. They share their personal experiences of achieving life goals and how you can do the same.
Grant Cardone In Jail or Bankrupt?
Grant revealed in a April 2020 video that he was planning to file for bankruptcy. He said in this video that he had lost everything. The plane, the vehicles, the condo, the apartment complexes, the watches, and even his workers (except for one or two) and spouse were all on their way out. He joked about going to jail, but it was just a ruse to get people’s attention.
Grant’s marketing stunt wasn’t the first time he’d done anything like this. Grant Cardone recently posted a clickbait video in which he appeared to be going to prison. Later, he issued a video in which he said that his bankruptcy declaration was just an effort to break into the news cycle.
Grant Cardone’s Net Worth Recap
Grant Cardone’s net Worth soared to dizzying heights, but he had modest beginnings. His laid-back approach to buying and selling reflects his modest roots. He may have been held back by tragedy and hardship. So it’s likely that after his time in recovery, a new outlook on life opened up with more possibilities than he could have expected.
He travels the globe delivering motivational talks, sales training, and even cutting new real estate deals. He seems to be sticking to his mantra of being lean, agile, hardworking, making fast decisions, and, of course, having enjoyment.
Grant’s strategy, of course, isn’t for everybody. Doing business can be enjoyable for entrepreneurs who want to develop a business they enjoy while still solving issues for the people they represent. Our community’s capitalists learn how to start companies, spend their money, and make a difference in the world.