Grant Cardone Net Worth (Money & Salary)

What Is Grant Cardone’s Net Worth?

With a net worth of $600 million, Grant Cardone stands out as an American entrepreneur, author, motivational speaker, and real estate investor. He is known for his expertise in sales training and offers insights on leadership, entrepreneurship, social media, finance, and real estate investments. Grant has penned eight business-related books, oversees thirteen business programs, and serves as the CEO of seven privately-owned companies, claiming to manage over $4 billion in assets. His notable best-sellers include “The 10X Rule,” “Sell or Be Sold,” and “If You’re Not First, You’re Last.”

As a prominent figure in real estate investment, Grant Cardone possesses a vast multi-million dollar real estate portfolio and shares his insights and strategies through books, courses, and public speaking engagements. In 2016, he established Cardone Capital, which focuses on the acquisition and management of multi-family residential properties. With a large following on social media, he is particularly recognized for his motivational content and business guidance, as well as glimpses into his personal life.

In the year 2021, Grant appeared in the second season of the Discovery Channel’s reality show “Undercover Billionaire.” Interestingly, Grant’s net worth does not classify him as a billionaire, similar to the first season’s star, Glenn Stearns, who also did not have billionaire status.

Early Life

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

Career

Upon completing his college education, Grant opted against continuing in accounting and relocated to Chicago, Illinois, in 1987 to join a sales training company. He traveled throughout the United States, eventually settling in Houston, Texas, for five years, then spending 12 years in La Jolla, California, and later moving to Los Angeles. During this time, he faced a drug addiction and entered rehab at the age of 25. Remarkably, within five years post-rehab, he had achieved millionaire status.

Grant began his path to wealth in automobile sales and ascended to the role of CEO at Freedom Motorsports Group Inc. He played a key role in creating the National Geographic reality series “Turnaround King,” which premiered in 2011. Furthermore, he owns companies such as Cardone Enterprises, Cardone Acquisitions, Cardone Training Technologies, and The Cardone Group, where he provides training for sales professionals in car dealerships.

Among his numerous publications is “If You’re Not First, You’re Last,” which topped the charts on Amazon and Barnes and Noble, securing spots on the bestseller lists of the “Wall Street Journal” and “New York Times.” Additionally, Grant and his wife Elena appear in their self-produced web series “The G&E Show.” In 2016, Cardone ranked #7 on Richtopia’s list of the 500 most influential CEOs globally. “Forbes” magazine recognized him as the #1 marketer to watch in 2017, and his residence was showcased on “How’d You Get So Rich?” hosted by Joan Rivers.

Real Estate Empire

Through his investment platform, Cardone Capital, Cardone has built a remarkable real estate empire. As per his biography, his company has engaged in billions of dollars in transactions and currently owns approximately $2.7 billion worth of apartment buildings across the United States. This figure remains unverified by independent sources.

From a young age, Cardone was drawn to real estate, but his passion truly ignited at the age of 29 when he purchased a single-family home in Houston to rent out. Once the tenants vacated, he sold the property, and five years later, he acquired a San Diego complex with 38 units for $1.9 million, making a down payment of just $350,000. Shortly thereafter, he invested in another complex. His acquisitions continued, and by 2012, Cardone Capital had grown to own 1,016 apartments valued at $58 million.

Personal Life

Elena Lyons, an actress, is Cardone’s wife, and together they have two daughters named Scarlett and Sabrina. He is also affiliated with the Church of Scientology. Previously, he was married at the age of 35, but that union lasted only one year, resulting in a settlement of $1 million.

Malibu Mansion

In January 2022, Grant acquired a Malibu, California home for $40 million. The property spans 9,500 square feet and is situated on Carbon Beach, previously listed at $50 million. The seller was Vadim Shulman, a Ukrainian Oligarch who purchased the house for $25 million in 2014. Notable neighbors include billionaire Oracle founder Larry Ellison and movie mogul Jeffrey Katzenberg. In May 2024, it was reported that Grant listed the house for sale at $65 million or for rent at $250,000 per month. Below is a video tour:

Prior to this, he sold a home in Los Angeles, which was acquired by musician Lionel Richie for $18 million.

In May 2021, Cardone was identified as the purchaser of Tommy Hilfiger’s mansion in Golden Beach, Florida, for $28 million. He subsequently listed this property for sale in May 2024 at a price of $42 million. Here’s a video tour of this residence: