A bestselling author of The 10X Rule, Grant Cardone is a renowned entrepreneur, real estate investor, sales trainer, author, and motivational speaker. It is estimated that approximately $2.6 billion is estimated by Grant Cardone net worth.
Grant Cardone is now a major business tycoon with many skills that have increased his value, he is also an influential social media influencer.
Who Is Grant Cardone?
Grant Cardone was born across Lake Charles, Louisiana on 21st March 1958 to Curtis Louis Cardone and Concetta Neil Cardone. He has a twin brother called Gary and was the 4th of 5 children. Grant Cardone attended LaGrange High School across Lake Charles and graduated from McNeese State University in 1981.
Grant Cardone would ultimately be awarded the McNeese State University Distinguished Alumnus Award in 2010.
|Full Name||Grant Cardone|
|Profession||Entrepreneur, Author, Speaker, Investor, Sales Trainer|
|Sources of Income||Profession|
|Biggest Assets||Cardone Capital, Cardone Training Technologies, Grant Cardone TV, Grant Cardone Sales University|
|Date of Birth||21 March 1958|
|Age||64 Years Old|
|Children||Sabrina Cardone, Scarlett Cardone|
Grant Cardone Net Worth
The billionaire Grant Cardone net worth is predicted of $2.6 billion. Grant Cardone is the New York Times best-selling author and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, and finance.
Grant Cardone earns most of his net worth from his career as a sales trainer, motivational speaker, real estate investor, and author. As CEO of the world’s foremost sales training platform, Cardone directs Fortune 500 companies and clients such as Google, Northwestern Mutual, Morgan Stanley, and many others.
Grant Cardone is one of the top 5 social media professionals and one of the 10 most influential CEOs today. His companies involve Cardone Capital, Cardone Training Technologies, Grant Cardone TV, and Grant Cardone Sales University, all of which make millions yearly.
Grant Cardone is also a knowledgeable private investor in multifamily properties and owns a portfolio of over 3,800 apartment units around the U.S. with transactions worth in surplus of $500 million. In addition to real estate investments, e-commerce is another imperative source of income for Grant Cardone.
Grant Cardone has constructed a $40 million-a-year e-commerce business.
Grant Cardone Key Facts
- Grant Cardone started earning his fortune while he functioned in an automobile sale and became the CEO of Freedom Motorsports Group Inc.
- By Forbes magazine, he was named the #1 marketer to watch in 2017.
- Grant Cardone is wedded to actress Elena Lyons. They share 2 daughters, Sabrina and Scarlett.
- Grant Cardone’s first job was operating as a busboy for a country club.
- In real estate, Grant Cardone managed to turn a $3,000 investment into $5 Billion.
Grant Cardone Sources Of Income
Grant Cardone’s initial business was a consulting business. He functioned with car dealerships and producers in the United States and Canada. The objective was to make their sales processes more consumer-friendly, proficient, and profitable to end up with happy consumers and dealers.
Grant Cardone wanted to disturb the auto industry and the auto industry paid him to do it along the way. He consulted while still operating in auto sales until Grant had enough money to invest in his second real estate investment.
Most of Grant Cardone’s portfolio is funded with debt from banks and investors. He considers debt as good and money as a tool to trade for freedom. Grant Cardone net worth stems greatly from leveraging debt. He pays it off with the profits from monthly revenues.
Grant Cardone Biggest Milestones
Grant Cardone said he purchased Bitcoin when the digital currency was worth only about $500. That amount is worth approximately $2 million in 2018. If he hasn’t sold it, the value would be $4 million by May 2022. Grant Cardone made more than $100 million from his authorized books.
Grant Cardone is the author of numerous books, involving If You’re Not First, You’re Last, which hit #1 on Amazon and Barnes and Noble and made the Wall Street Journal’s and The New York Times bestseller lists. As a result, Grant Cardone has made a lot of money from book royalties.
Most publishers pay royalties reliant on the retail price of the book. This means that if the retail price is $20 and the royalty value is 5%, you will earn $1 per book sold.
Grant Cardone Biggest Investments
While a car salesman, Grant Cardone invested in his initial property, a single-family property across Houston. After renting out to the tenants for 7 months, they left. His cash flow dried up. This would be Grant’s initial lesson in real estate.
Grant Cardone never wanted to rely on one tenant for income and cash flow. It was 5 years later but he agreed his next property would be a multi-family complex across San Diego. A month after his first multi-family buy, he bought his 2nd property.
Grant Cardone’s strategy was to utilize the money from the first two to fund the third. He resumed using this strategy and slowly gained more and more property. By 2012, Grant Cardone’s company was said to have the greatest private party acquisitions in Florida – specifically for a multi-family property.
Presently, Grant Cardone owns 4.500 apartments.
Grant Cardone Houses
Grant Cardone has said real estate is his favorite asset class. He presently bought a 9,500-square-foot home across Malibu, California for $40 million. Grant Cardone made a sweet deal when purchasing the home which was originally listed for $50 million.
Grant Cardone’s neighbors are also fascinating moguls and involve Jeffrey Katzenberg and Larry Ellison. His Florida home was earlier owned by Tommy Hilfiger, Grant bought it for $28 million.
Grant Cardone Private Jets
Grant Cardone started his private jet journey in 2015 when he bought a pre-owned Gulfstream G200 for a value of USD$8m. The jet flew 250 hours during its first year of operation. How does anyone make sense of moving from charter to purchasing a $50m private jet, then paying an additional $3m for maintenance and flying their novel acquisition?
Owners of private jets might rationalize their decision to buy, however, by demanding 100% bonus depreciation during the first year of ownership. Grant Cardone decided to update from his pre-owned Gulfstream G200 to the brand-new Gulfstream G550 owing to this.
In the past, depreciation was put on over five years (20% per year). In 2020, Grant Cardone received a few calls from individuals who wanted to buy the G550. Eventually, Grant sold and shifted into a Gulfstream G650ER.
Grant Cardone Car Collection
Grant Cardone is so wealthy that he owns an assortment of luxurious cars. He once bought 2 exotic cars, which can cost over $100,000, for Christmas in 2018. Grant Cardone also owns a $3.6 million LaFerrari.
Grant Cardone Charity Involvement
The Grant Cardone Foundation to mentors teens in financial literacy, especially kids without fathers. He started the organization to assist kids like him, without a dad because statistically, they become more predisposed towards dropping out, drug use, and detention.
Additionally, Grant Cardone donated the profits from his 2016 book, “Be Obsessed or Be Average,” to Drug-Free America Foundation and the Foundation for a Drug-Free World.
Grant Cardone Social Media Involvements
According to the estimates, Grant Cardone net worth is $2.6 billion as of 2022. Among his companies are Cardone Capital, Cardone Training Technologies, Grant Cardone TV, and Grant Cardone Sales University. He is prevalent on social media sites.
With 2.08M subscribers, Grant Cardone makes a decent amount of money from his Youtube channel. YouTubers with 100k subscribers and 2 new videos each week can make nearly $600 to $1,000. The ad revenue is somewhere between $2,400 and $4,000 per month.
Based on the predicted number of views for the pending video, YouTubers charge brands anywhere from $10 to $50 per 1,000 views. When the video extends to one million views, the YouTuber makes anywhere between $10,000 and $50,000.
Based on the YouTube money calculator, Grant Cardone has effortlessly earned at least $39,060 – $624,960 from his YouTube channel a year. He is also an influencer on Instagram and Facebook. Presently, Grant Cardone also has 3.7 million followers on Instagram.
That means Grant Cardone is a mega-influencer who can charge $10K+ per post. The pricing calculator of Instagram shows that Grant’s account @grantcardone can charge $24.3K – $29.1K for 1 post and 1 story. In addition, Grant Cardone’s Facebook page has 6.7 million followers or admirers.
With Grant Cardone’s social media following, He can earn a good income through sponsorship and advertising.