The one thing that’s well-known about ultra high net worth individuals (UHNWs) – the folks worth at least $30 million USD – is that virtually ALL of them have some part of their fortune in real estate.
Many of the more famous rich people and “celebrity entrepreneurs” actually got their start in real estate. And that’s great for them! Not so much for us…
See, more millionaires are created during recessions than any other part of the economic cycle. Which is cool, except the last real recession was 2008, when real estate prices were in the tank and you could buy a whole neighborhood with $100,000.
Now, though, real estate prices are through the roof, and interest rates are skyrocketing too. So how does the everyday person start building a massive net worth in an economy like this one?
Have you considered Digital Real Estate?
The internet’s been around for decades, but the possibility of actually owning high-value pieces of property ON the internet is fairly new.
In other words, it’s a wide open playing field…but it won’t stay that way forever.
Here’s a quick summary of how Digital Real Estate works:
You invest a little money (maybe around $100) to either purchase or build a piece of “land” on the internet.
You specifically place this “land” in a high-traffic area, where lots of people pass through (just like traditional real estate, it’s all about Location, Location, Location).
The folks who pass through your “land” all happen to be looking for a specific product or service, so you “rent” your land to a business owner who happens to offer that product or service.
The business owner pays you $500 to $2,000 a month to “rent” your Digital Real Estate, because it helps them connect with their ideal customers.
Think of it like buying a strip mall, or an office space, just on the internet, for WAAAAYYY less money and headache.
If you’d like to learn more about Digital Real Estate, attend this free live training session from ScamRisk’s #1 recommended trainer.
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.
But, we want to be completely honest in this review, so…
Grant Cardone’s net worth was approximately at $1.5 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. He also runs one of the most popular real estate channels on Youtube.
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.
How Much Does Grant Cardone Make In A Day?
Under Cardone Enterprises, he makes an estimated $130,136.99 per day.
Now that’s a crap ton of money right? It’s probably not all that realistic for an every day person like you huh?
To be completely honest though, most people would just be happy with just 10-20k per month…
And you’d probably agree with that too.
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.”
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 in spite 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.
However, it’s likely that Grant has reached that point where he is “too big to fail”. His real estate is probably set in stone.
Unfortunately, many average real estate investors are going under and losing everything. These are the people who owned 5-10 properties with some decent cash flow.
But the industry totally collapsed!
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.
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.
But the average person like yourself probably doesn’t want to write a book, or constantly be in the spotlight the way he is.
You’d probably just like to fly under the radar and always have more than enough money to live the life you want.
Anyway, 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.
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.
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.
DISCLAIMER:
This Oasis Affiliate Marketing review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Grant Cardone’s Net Worth: Grant Cardone Wealth
Grant Cardone authored two bestselling books namely “The 10X Rule” and “If You’re Captain 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 join 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!
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.
SHEESH that’s a lot of different things to have going on right? How does he ever have free time to just chill and take a break?
The truth is that he really doesn’t.
And you already know you don’t want to be THAT busy…
Is Grant Cardone Scam?
So, is Grant Cardone a scam? Not technically. You can make money with his programs, but it’s definitely not as easy as He makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual profit margins on real estate investments are pretty small.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months – looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property – and then your reward is like $100 a month in profits, it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
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!
What Is Our #1 Recommendation To Make Money Online In 2022?
The ScamRisk team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Real Estate is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
Why?
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.
2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.
A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.
With Digital Real Estate, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH. Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.
Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).
With Digital Real Estate, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Grant Cardone which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.
