How much does Grant Cardone make a year?
Grant Cardone is an American entrepreneur, real estate investor, best-selling author of several books, including The 10x Rule, and sales expert. Cardone makes $40 to $50 million annually from various sources such as social media, eCommerce, book deals, etc.
What Is Grant Cardone’s Net Worth in 2024?
Grant Cardone is a renowned American entrepreneur, author, motivational speaker, and real estate investor with a net worth of $600 million.
He is widely recognized as a professional sales trainer and a prominent speaker on leadership, real estate investment, entrepreneurship, social media, and finance.
Over the years, Cardone has authored eight business books, led thirteen business programs, and served as the CEO of seven privately held companies. He also oversees assets exceeding $4 billion in management.
Among his most popular books are “The 10X Rule,” “Sell or Be Sold,” and “If You’re Not First, You’re Last,” which focus on sales, business growth, and personal success.
As a highly successful real estate investor, Cardone has built a multi-million dollar portfolio and regularly shares his strategies through books, courses, and public appearances.
In 2016, he launched Cardone Capital, a real estate investment firm that concentrates on acquiring and managing multi-family residential properties. With a large audience on social media, he is known for sharing motivational content, business insights, and glimpses into his personal life.
In 2021, Grant appeared in the second season of Discovery Channel’s reality series “Undercover Billionaire.” Although he isn’t a billionaire, his influence and wealth-building strategies have inspired millions worldwide. The first season’s star, Glenn Stearns, was also not a billionaire.
Early Life
Grant Cardone was born on March 21, 1958, in Lake Charles, Louisiana. He is one of five children born to Curtis Louis Cardone and Concetta Neil Cardone. Sadly, his father passed away in 1968, and his mother in 2009. Grant has a twin brother named Gary and is the fourth child in his family.
He attended LaGrange High School in his hometown and later graduated from McNeese State University in 1981. In recognition of his achievements, Grant was honored with the McNeese State University Distinguished Alumnus Award in 2010.
Career Highlights
After graduating from college, Grant Cardone decided not to pursue a career in accounting and instead moved to Chicago, Illinois, in 1987 to work for a sales training company. His job took him all over the United States, and he eventually lived in Houston, Texas, for five years, La Jolla, California, for twelve years, and finally settled in Los Angeles. During this period, Grant faced personal struggles, developing a drug addiction. At the age of 25, he entered rehab, and within five years of completing treatment, he became a millionaire.
Grant’s initial fortune was built while working in automobile sales, where he quickly rose to success and became the CEO of Freedom Motorsports Group Inc. He later played a key role in developing the reality series “Turnaround King” for National Geographic, which aired in 2011.
In addition to his ventures in media, Grant owns several successful businesses, including Cardone Enterprises, Cardone Acquisitions, Cardone Training Technologies, and The Cardone Group, where he focuses on training salespeople—especially in car dealerships.
Grant is also a prolific author, with books such as “If You’re Not First, You’re Last,” which topped the charts on Amazon and Barnes & Noble and earned spots on the Wall Street Journal and New York Times bestseller lists. Together with his wife, Elena, Grant stars in the self-produced web series “The G&E Show.”
In 2016, he was listed as #7 on Richtopia’s global list of the 500 most influential CEOs and was recognized as Forbes’ #1 marketer to watch in 2017. His home was also featured on “How’d You Get So Rich?” with Joan Rivers, highlighting his journey to wealth and success.
Real Estate Empire
Grant Cardone built his real estate empire through his company, Cardone Capital, which has been involved in billions of dollars in real estate transactions. According to his biography, the company currently owns around $2.7 billion worth of apartment buildings across the United States, although this figure has not been independently verified.
His passion for real estate began at a young age but truly took off when he was 29 years old. At that time, Grant purchased a single-family home in Houston, which he rented out. After selling the property when the tenants moved out, he made a pivotal decision five years later by acquiring a 38-unit complex in San Diego for $1.9 million, with just a $350,000 down payment. Within a month, he bought another property and continued expanding his real estate portfolio. By 2012, Cardone Capital owned 1,016 apartments valued at a total of $58 million, marking the foundation of his thriving real estate business.
Personal Life
Grant Cardone is married to actress Elena Lyons, and together they have two daughters, Scarlett and Sabrina. He is also a member of the Church of Scientology. Before his marriage to Elena, Grant was briefly married at the age of 35, but the union lasted just one year. He later settled the divorce for $1 million.
Cardone’s Carbon Beach Estate
In January 2022, Grant Cardone purchased a stunning Malibu home on Carbon Beach for $40 million. The 9,500-square-foot property was initially listed for $50 million and was sold by Ukrainian oligarch Vadim Shulman, who had bought it for $25 million in 2014.
Cardone’s neighbors on this prestigious stretch of beach include billionaires like Larry Ellison, the founder of Oracle, and movie mogul Jeffrey Katzenberg. In May 2024, it was reported that Grant had listed the Malibu home for sale at $65 million or offered it for rent at $250,000 per month.
Before purchasing his Malibu estate, Cardone owned a Los Angeles home, which was sold to musician Lionel Richie for $18 million.
In May 2021, Grant also made headlines when he bought Tommy Hilfiger’s mansion in Golden Beach, Florida, for $28 million. As of May 2024, this property has been listed for sale at $42 million, further showcasing his savvy real estate investments.
Grant Cardone FAQs
Grant Cardone became a millionaire at the age of 30
Grant Cardone’s speaking fees can vary, but he typically charges between $50,000 to $100,000 per speaking engagement
Grant Cardone owns and operates seven companies, including Cardone Capital, Cardone Training Technologies, and Cardone University.
Grant Cardone is famous for being a motivational speaker, real estate investor, sales coach, and author. He is known for his 10X Growth Conference, his bestselling books like “The 10X Rule,” and his extensive social media presence.
Grant Cardone was born on March 21, 1958, which makes him 66 years old as of 2024.
Grant Cardone’s net worth is estimated to be around $600 million.
Grant Cardone is married to Elena Lyons, an actress and model. They have been married since 2004 and have two daughters, Sabrina and Scarlett.
