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 investor in real estate. As a seasoned professional in sales training, he also offers insights on leadership, finance, entrepreneurship, social media, and real estate investing. He has authored eight business books, operates thirteen business programs, and serves as the CEO of seven privately-owned companies, boasting over $4 billion in assets under management. Among his acclaimed titles are “The 10X Rule,” “Sell or Be Sold,” and “If You’re Not First, You’re Last,” which focus on sales, business, and self-improvement.

Grant is a successful real estate investor with a portfolio valued in the millions, and he actively shares his strategies through books, courses, and public speaking events. He established Cardone Capital, a real estate investment firm concentrating on multi-family residential property acquisition and management, in 2016. Known for his motivational content and business advice, he enjoys a substantial following across multiple social media platforms, where he often discusses aspects of his personal life.

In 2021, Grant participated in the second season of the Discovery Channel’s reality show “Undercover Billionaire,” even though he is not a billionaire; similarly, Glenn Stearns, the star of the first season, did not hold that title either.

Early Life

Born on March 21, 1958, in Lake Charles, Louisiana, Grant Cardone is the fourth of five children born to Curtis Louis Cardone (who passed away in 1968) and Concetta Neil Cardone (who died in 2009). He has a twin brother named Gary. Grant completed his education at LaGrange High School in Lake Charles and graduated from McNeese State University in 1981. In recognition of his achievements, he received the Distinguished Alumnus Award from McNeese State University in 2010.

Career

Upon completing his college education, Grant opted against a career in accounting. In 1987, he relocated to Chicago, Illinois, to join a sales training firm. His career took him across the United States, leading him to settle in Houston for five years, La Jolla for twelve years, and ultimately Los Angeles. During this period, he faced a drug addiction, which led him to rehab at the age of 25. Within five years of leaving rehab, he achieved millionaire status.

Grant’s wealth primarily came from working in automobile sales, where he eventually became the CEO of Freedom Motorsports Group Inc. He was instrumental in developing the National Geographic reality show “Turnaround King,” which premiered in 2011. His business interests include Cardone Enterprises, Cardone Acquisitions, Cardone Training Technologies, and The Cardone Group, where he plays a key role in training car dealership sales teams.

Grant Cardone has produced several bestselling books such as “If You’re Not First, You’re Last,” which reached #1 on Amazon and Barnes & Noble, and appeared on the bestseller lists of “Wall Street Journal” and “New York Times.” Alongside his wife, Elena, he features in the self-made web series “The G&E Show.” In 2016, he was ranked #7 on Richtopia’s global list of the 500 most influential CEOs and earned the title of the #1 marketer to watch from “Forbes” magazine in 2017. His residence was also showcased in “How’d You Get So Rich?” hosted by Joan Rivers.

Real Estate Empire

Through his investment entity, Cardone Capital, Cardone successfully established a real estate empire. The firm has engaged in transactions worth billions of dollars, and according to his biography, it currently owns approximately $2.7 billion in apartment buildings across the United States. This figure, however, has not been independently validated.

His passion for real estate sparked at a young age but truly flourished at 29, when he purchased a single-family home in Houston to rent out. After selling the property post-tenancy, he bought a 38-unit complex in San Diego five years later for $1.9 million, making a down payment of just $350,000. Within a month of that purchase, he acquired another complex. He kept expanding his portfolio, and by 2012, Cardone Capital had amassed 1,016 apartments worth $58 million in total.

Personal Life

Cardone is wed to actress Elena Lyons, and together they have two daughters, Scarlett and Sabrina. He practices the teachings of the Church of Scientology. At the age of 35, Grant went through a brief marriage that lasted only a year, culminating in a settlement of $1 million.

Malibu Mansion

Grant purchased a Malibu, California home for $40 million in January 2022. Covering 9,500 square feet, the residence is located on Carbon Beach and had been listed previously for $50 million. The seller, Ukrainian oligarch Vadim Shulman, bought the property for $25 million in 2014. Notable neighbors include billionaire Larry Ellison, founder of Oracle, and film mogul Jeffrey Katzenberg. In May 2024, reports surfaced that Grant had listed the home for sale at $65 million or for rent at $250,000 per month. Check out this video tour:

Prior to this, he owned a Los Angeles property, sold to musician Lionel Richie for $18 million.

In May 2021, it came to light that Cardone was the buyer of Tommy Hilfiger’s mansion in Golden Beach, Florida, for which he paid $28 million. He then put the house on the market in May 2024 for $42 million. Here’s a video tour of this residence: