Grant Cardone Net Worth

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Grant Cardone’s net worth was approximately at $1 billion. This was before the economy was hit by the Covid-19 pandemic.

His earnings included $40 million per year in eCommerce and about $1.4 billion in real estate. One of YouTube’s most popular channels on real estate belonged to Grant. And he was the host of 10X Conference which was recognized as one of America’s very successful conferences.

Besides these, Grant also authored several bestselling books and is a private jet owner.

All these were running smoothly until the global crisis that is Covid-19 struck the whole world.

This has led many to ask: Is he still a billionaire? Is he going bankrupt? How much does he make in a year? What is his net worth today? and so forth.

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Table of Contents

Is Grant Cardone A Billionaire? What Is His Current Net Worth?

In 2020, Grant Cardone was a billionaire boasting a $1.5 billion portfolio of properties. He runs several companies and authored several books, some of which have worn awards.

Sadly, however, this was before the pandemic took a toll on the global economy. To date, Grant Cardone’s net worth is estimated to amount to $300 million.

How Much Does Grant Cardone Make In A Day?

Under Cardone Enterprises, he makes an estimated $130,136.99 per day.

What Age Did Grant Cardone Become A Millionaire?

Grant Cardone became a millionaire by the age of 30.

Prior to earning his first million, Grant was drowning in huge debts and to make matters worse, his drug problem lasted for as long as he could remember.

Favorite Quotes from Grant Cardone

“Never fear the haters. You can’t reach your potential without them.”

“You’ll never be admired without being criticized first.”

“Approach every situation with a whatever-it-takes-mindset.”

“Your success is limited only by the investments you make in yourself.”

Focus on creating and producing a future, not what happened yesterday.”

“Show up early. Treat people with respect. Perform at the highest levels.”

“I don’t go to work for the sake of work. I hate that saying! I want you to work to prosper. Work for freedom. This is what wealthy people do differently from anybody else. Wealthy people work for freedom. They’re not working for comfort items, not for a weekend, they’re working for freedom.”

“No one is really served until you close the deal.”

“80% of success is showing up.”

“Complaining won’t get you a seat.”

What Is Grant Cardone's Net Worth?

Grant Cardone’s net worth as of 2021 is estimated to be at $300 million.

Grant wears a lot of hats which include being a CEO of several companies, a sales trainer and speaker on the following areas: entrepreneurship, leadership, finance, real estate investing, and social media.

He also wrote several bestselling books about leadership, putting up successful businesses, and making money out of them.

Who Is Grant Cardone?

Some Fast Facts:

Who Is Grant Cardone? Real Estate Investor, Author, YouTuber, Speaker and founder of Cardone Training Technologies

Is Grant Cardone A Billionaire? Post COVID-19, no.

Current Net Worth: 300 Million

Gender: Male

Wife: Elena Cardone

Children: Two

How Many Units Does Grant Cardone Own? 4,700

How Much Does Cardone Make A Year? $40 million from eCommerce alone

Formal Education: Degree in Accounting from McNeese State University in Lake Charles Louisiana

Nationality: American

Birthday: March 21, 1958

Host: 10X Growth Con

Last Updated: 2020

Grant Cardone carries several titles including bestselling author, digital entrepreneur, real estate tycoon, Elena Cardone’s husband, and father of two beautiful daughters.

He started out with a sales job in the auto industry (used cars) , and ended up a billionaire who has millions of social media (Facebook, YouTube, Twitter) following, numerous high-performing online businesses, and real estate transactions that amounted to a staggering $1.4 billion.

But estimating Grant Cardone net worth is not as simple as adding up all of his property or real estate value since he claims to have more than a hundred sources of income. Also, his private companies do not publish financial statements, making it difficult to estimate their true value.

The estimate is calculated based on his statements he gave during his interviews and speaking engagements.

Grant Cardone BIO

Perhaps the most important moment in Cardone’s early life came when he was just 10 years old when his father died.

As a fatherless child, Grant had no one to look up to in his life and no one to guide him and teach him anything.

This is one of his very personal reasons why Grant invests a lot on social media and email because he sees it as an effective platform to reach out to millions of people who may have experienced the same things as he did.

When he turned 16, he told his mother he was going to be rich and that he was sure of it. Sadly, things took a turn years later, and at 25 years old, Grant found himself deep in his drug problem, making him totally “unhireable.”

He graduated from McNeese State University in Lake Charles, Louisiana with an Accounting degree.

And inspite of a degree in Accounting from McNeese State University, the only job he found was on used car dealerships.

Of all the things in the world, Grant hated selling – let alone be involved in car dealerships. But he decided to make the most of what was in his hands at the time. In just five years, he was selling used car dealers through a sales training and program.

He developed the program and served Fortune 500 companies and small businesses after just five years. Today, his primary sales training and channel is the Cardone University.

He used the cash flow made during his early days in his sales job to purchase a single-unit property that eventually snowballed to buying a 38-unit multi family complex. And since then, focused his attention to acquiring multi-unit properties.

He was able to create his own real estate empire which showcases 4,700 units and $1.4 billion worth of transactions.

Additionally, Cardone Capital, Grant’s investing arm, reports an $800 million worth of assets under management, which much of it is owned by Grant.

Will Grant Cardone Go Bankrupt?

Although the path to wealth was not easy for Cardone, he successfully built an empire until he was struck by Coronavirus.

In the post-Coronavirus economy, many of Cardone’s key products and services would face serious hardship.

With the government massively shutting down 10X conferences, it may need to move to an online forum just to generate revenue.

Cardone was the target of his online opponent, MeetKevin, who said that Grant’s real estate empire could suffer under heavy debt.

As any business who has been affected by the pandemic in the world, it is likely that his tenants are in a struggle to make payments, putting Grant in a very tight position financially.

While he has huge debt service payments to make, his revenues keep going down. Question is does Grant have enough on reserve to pay all of his financial obligations?

Then there’s the problem with his sales training program. There is, of course, always a need for companies and businesses to employ excellent salesmen, but this has dramatically declined after the coronavirus outbreak.

Chances are that fewer companies all over the world are likely willing to pay for a business programs training when their focus is simply on staying afloat.

For sure, Cardone started with no assets presently under his control, so few would make a bet against this industry-leading titan on the road back to success.

Grant Cardone Books

His books would tell you a lot of Grant’s humble beginnings and how he created his wealth. The following are the books he authored where you will read his life story and career beginnings that will surely inspire you.

The 10X Rule: The Only Difference Between Success and Failure

The 10X Rule is written for aspiring business people with a step-by-step guide on how to reach their business goals.

In the 1990s, Grant began to invest in property and focused on affordable housing in tertiary markets.

According to Cardone, central to your success is your willingness to take “massive action.”

There are business owners who look for capital to drive growth or develop products, but Cardone always mentions how important the basics are: knock on the door or call someone and just start selling.

What you need to do, according to Grant is put your focus on sales and the rest will follow.

Sell Or Be Sold: How To Get Your Way In Business and Life

The 10X Rule is written for aspiring business people with a step-by-step guide on how to reach their business goSell or Be Sold is a book not only about making huge sales, but also for those who need to effectively sell themselves to land on the job they’ve been dreaming of or even convince someone you like to go on a date with you.als.

In the 1990s, Grant began to invest in property and focused on affordable housing in tertiary markets.

Grant mentions how his current wife Elena did not want to hang out with him, but he called her for more than a year until she said yes.

In this book, Grant teaches you ways how to shorten sales cycles, reverse unfavorable situations, and overcome rejection.

He also tells you how you can make sales despite of an under performing economy, replenish your sales pipelines, and be optimistic even when you experience rejection.

Be Obsessed Or Be Average

This book encourages you to be “obsessed” and chase after your dream business head on.

It is fairly common to hear successful entrepreneurs tell you to follow your passion, but rarely would you hear someone tell you it’s okay to go after something that you don’t like to do (and be obsessed with it), but will create for you wealth and fortune.

This is exactly what Cardone is telling his audience. Be obsessed and chances are you will do anything and everything in your power to succeed.

If You’re Not First, You’re Last: Sales Strategies To Dominate Your Market and Beat Your Competition

When you study ultra successful companies like Facebook and Google, dominant market share is often cited as the reason why they are such thriving businesses.

But how exactly do you achieve that?

In this book, Cardone shares the sales techniques and tactics in increasing your conversions and creating margins for new products, and build the dominant market share.

How Does Grant Cardone Make So Much Money?

Grant Cardone has several sources of income, from books and coaching to real estate investments that help support his multimillion-dollar empire. Here are some of Cardone’s top ways to make money:

YouTube Channel

Cardone has put in efforts to monetize his YouTube channel to create for him an income.

On his channel, he offers videos with instructions and tips for entrepreneurs and people who want to become millionaires, as well as a short video that explains who he is and his goal which is to help as many people as possible become millionaires like him.

Real Estate Holdings

Cardone is well recognized as a real estate investor in the United States.

His real estate portfolio has gone from zero to a billion dollars. He has been investing in real estate since he was 15 and currently owns a real estate empire valued at $ 14 billion before COVID -19 strikes.

Cardone is well recognized as a real estate investor in the United States.He sees real estate as a secondary business instead of depending on it as his primary source of income.

His real estate portfolio has gone from zero to a billion dollars. He has been investing in real estate since he was 15 and currently owns a real estate empire valued at $ 14 billion before COVID -19 strikes.

Cardone Capital

Cardone is well recognized as a real estate investor in the United States.Here, Grant offers his clients a real estate fund where other people can put in their investment.

Those who would like to invest can use their personal investment account, an LLC account or a company account, a trust, or even a retirement account, to invest and partner with Cardone in real estate investing.

This is open to both investors who are accredited and those that have less money.

His real estate portfolio has gone from zero to a billion dollars. He has been investing in real estate since he was 15 and currently owns a real estate empire valued at $ 14 billion before COVID -19 strikes.

Coaching and Consulting

Cardone is well recognized as a real estate investor inCardone offers one-on-one coaching with clients who are interested in building their business, making sales, and making money. He also offers Cardone University’s group classes the United States.Here, Grant offers his clients a real estate fund where other people can put in their investment.

Those who would like to invest can use their personal investment account, an LLC account or a company account, a trust, or even a retirement account, to invest and partner with Cardone in real estate investing.

This is open to both investors who are accredited and those that have less money.

His real estate portfolio has gone from zero to a billion dollars. He has been investing in real estate since he was 15 and currently owns a real estate empire valued at $ 14 billion before COVID -19 strikes.

Book Deals

Grant Cardone authored two bestselling books namely “The 10X Rule” and “If You’re Not First, You’re Last.”

In his book, The 10X Rule, Cardone explains that there is actually a fourth type in the usual 3 types of action in business which are no action, normal action, or retreat from action. The 4th type will be revealed in this book and will open your business to massive success according to Cardone.

In his other bestselling book, If You’re Not First, You’re Last, Cardone’s focus is on sales strategy and techniques on beating your competitors.

You can get these two books in print and on Kindle and were The New York Times bestsellers.

Grant Cardone’s Net Worth: Grant Cardone Wealth

Grant Cardone authored two bestselling books namely “The 10X Rule” and “If You’rCaptain Ryan, his sidekick and former pilot, revealed that some sales people make about $400,000 a year with Cardone University because majority of their customers are actually businesses who are ready to invest as much as $100,000 or more to avail Cardone’s sales training packages.

Assuming that the average salary is lower by about sixty sellers and that the commissions earned are approximately $100,000 per seller per year, that means his sales team earns payroll commissions of up to $6,000,000.

Approximately 20% of every sale is paid to each of the sales team member, putting the Cardone University gross revenues at $30,000,000. Before the pandemic, Grant Cardone generated revenues of about $40,000,000 from eCommerce alone.

Their sales training program may have costly development costs upfront but significantly reduces operating costs, so Cardone is potentially pocketing $ 5 → 10 million a year from Cardone University.

And if you add his earnings from his Grant Cardone YouTube channel and book deals, it is highly possible that Cardone was generating $10 million up to $15 million every year.

What is surprising though is that his income sources are not limited to these.

He has a one on one personal coaching business valued at $15,000. And if you want other keynote speakers, He will charge you $100,000 and another $10,000 for an online sales rally.

He is also very present in social media. You can find in Twitter, Snapchat, Grant Cardone TV, and Grant Cardone podcast.

These are all apart from his real estate investing business. He manages about $800 million worth of assets at Cardone Capital.

If each unit of the 4,700 units he owns is valued at $100,000 on average, that would be approximately $470 million of real estate value!e Not First, You’re Last.”

In his book, The 10X Rule, Cardone explains that there is actually a fourth type in the usual 3 types of action in business which are no action, normal action, or retreat from action. The 4th type will be revealed in this book and will open your business to massive success according to Cardone.

In his other bestselling book, If You’re Not First, You’re Last, Cardone’s focus is on sales strategy and techniques on beating your competitors.

You can get these two books in print and on Kindle and were The New York Times bestsellers.

Personal Life of Grant Cardone

Grant Cardone’s wife is Spanish model and actress, Elena Lyons, with whom he has two beautiful daughters namely Scarlette and Sabrina.

They live in a beautiful property in Sunny Isles Beach, Florida.

Grant Cardone, a family man, is known for his love of his family. He makes his family his priority above all else.

He has a twin brother named Gary.

Family Life Today

His family has always been in the list of things he wants to “obsess” over with.

He applies this principle not only in his business dealings, but also with his family.

He says that being a father to his two children and a husband to Elena are on top of his list.

Time with Wife and Kids

Grant Cardone makes sure that his morning is spent with his two kids, usually at a local cafe or anywhere they could eat breakfast together before heading to school and work.

There are times he would bring them with him to the gym.

This is not at all possible if it weren’t for his wife’s willingness to work it out.

They do it intentionally and in the process has proven effective and rewarding.

Grant Cardone Net Worth Summary

Though his early life was not that great, it did not stop Grant from pursuing his million-dollar dreams. He wanted to become rich and so he did. Five years after his early car dealerships, he was selling via a sales training program that he designed.

Also, it is important to mention that at age 25, his drug addiction almost took his future. Years later after this ordeal, Grant was able to build his own real estate portfolio that is worth a billion dollars!

Grant Cardone’s annual income is estimated to be over$30 million which is the total sum of his earnings from real estate, sales training programs, social media channels, keynote speaker presentations, and accredited investors’ fees.

And the value of his real estate and other businesses combined, his current net worth is definitely more than $300 million!

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