Grant Cardone Net Worth (Money & Salary)

What Is Grant Cardone’s Net Worth?

With a net worth of $600 million, Grant Cardone is a prominent American entrepreneur, author, motivational speaker, and real estate investor. He specializes in sales training and speaks on topics like leadership, entrepreneurship, finance, and social media. Having penned eight business books, he oversees thirteen business programs and is the CEO of seven privately-held companies, claiming more than $4 billion in assets under management. His notable works include bestsellers such as “The 10X Rule,” “Sell or Be Sold,” and “If You’re Not First, You’re Last.”

As a notable figure in real estate investment, he possesses a multi-million dollar portfolio and actively shares his strategies through books, courses, and motivational speeches. Grant established Cardone Capital in 2016, a firm dedicated to acquiring and managing multi-family residential properties. With a considerable reach on social media, he is recognized for his motivational content and business acumen, along with glimpses into his personal life.

In 2021, Grant participated in the second season of Discovery Channel’s reality series “Undercover Billionaire.” It’s worth noting that Grant is not a billionaire, similar to season 1’s star, Glenn Stearns, who also lacked that status.

Early Life

Born on March 21, 1958, in Lake Charles, Louisiana, Grant Cardone is the son of Curtis Louis Cardone (deceased in 1968) and Concetta Neil Cardone (who passed away in 2009). As the fourth of five children, he has a twin brother named Gary. After graduating from LaGrange High School in Lake Charles, he earned his degree from McNeese State University in 1981, later receiving the Distinguished Alumnus Award from the university in 2010.

Career

Post-college, Grant opted to veer away from accounting and relocated to Chicago, Illinois, in 1987 to join a sales training organization. His career led him to travel throughout the United States, ultimately residing in Houston, Texas, for five years, followed by twelve years in La Jolla, California, before settling in Los Angeles. During this period, he struggled with drug addiction, entering rehab at the age of 25. Remarkably, within five years following rehab, he achieved millionaire status.

His journey to wealth began in automobile sales, where he became the CEO of Freedom Motorsports Group Inc. He also contributed to the development of the National Geographic reality series “Turnaround King,” which premiered in 2011. Today, Grant owns multiple companies, including Cardone Enterprises, Cardone Acquisitions, Cardone Training Technologies, and The Cardone Group, focusing on training sales professionals from car dealerships.

Among his published works is “If You’re Not First, You’re Last,” which garnered #1 rankings on Amazon and Barnes and Noble, as well as making it to the “Wall Street Journal” and “New York Times” bestseller lists. Together with his wife Elena, he stars in the self-produced web series “The G&E Show.” In 2016, Richtopia ranked him #7 globally among the 500 most influential CEOs, and in 2017, “Forbes” named him the #1 marketer to watch. His home was featured on “How’d You Get So Rich?” with Joan Rivers.

Real Estate Empire

Grant Cardone has developed a massive real estate empire through Cardone Capital. His firm has engaged in billions of dollars’ worth of real estate transactions, reportedly owning about $2.7 billion in apartment buildings across the United States, as indicated in his biography, though this figure remains unverified.

His enthusiasm for real estate started at a young age but truly flourished at 29 when he purchased a single-family home in Houston, which he later rented out. After selling that property following the tenants’ departure, he invested in a 38-unit complex in San Diego for $1.9 million, making a down payment of just $350,000. He soon acquired another complex and continued to expand his portfolio, culminating in Cardone Capital owning 1,016 apartments worth $58 million by 2012.

Personal Life

Grant Cardone is married to actress Elena Lyons and the couple shares two daughters, Scarlett and Sabrina. He is affiliated with the Church of Scientology and previously went through a short-lived marriage at 35, which ended after just one year, concluding with a $1 million settlement.

Malibu Mansion

In January 2022, Grant acquired a $40 million home situated on Carbon Beach in Malibu, California, covering 9,500 square feet. Previously listed at $50 million, the property was sold by Vadim Shulman, a Ukrainian oligarch who purchased it for $25 million in 2014. His neighbors include billionaire Oracle founder Larry Ellison and movie mogul Jeffrey Katzenberg. In May 2024, reports surfaced that he attempted to sell the mansion for $65 million or rent it for $250,000 per month. Here is a video tour:

Previously, he owned a residence in Los Angeles, which was purchased by musician Lionel Richie for $18 million.

In May 2021, it became known that Grant had bought Tommy Hilfiger’s Golden Beach, Florida mansion for $28 million. He listed this house in May 2024 for $42 million. Here’s a video tour of that house: