Grant Cardone Net Worth (Money & Salary)

The Net Worth of Grant Cardone

With a net worth estimated at $600 million, Grant Cardone is an American entrepreneur, author, motivational speaker, and real estate investor. He is widely recognized as a professional sales trainer, offering insights on leadership, real estate investing, entrepreneurship, social media, and finance. Cardone has authored eight business books, oversees thirteen business programs, and serves as the CEO of seven privately-held companies, claiming assets exceeding $4 billion under his management. His best-selling publications on sales, business, and personal development include titles such as “The 10X Rule,” “Sell or Be Sold,” and “If You’re Not First, You’re Last.”

As a thriving real estate investor, he has amassed a multi-million dollar real estate portfolio and actively shares his strategies through books, courses, and speaking engagements. In 2016, Cardone established Cardone Capital, a firm dedicated to acquiring and managing multi-family residential properties. Garnering a large following across various social media platforms, he is known for his motivational messages, business insights, and glimpses into his personal life.

In 2021, Grant appeared in the second season of Discovery Channel’s reality show “Undercover Billionaire.” It’s worth noting that Grant is not a billionaire, similar to Glenn Stearns, the main star of the first season.

Grant’s Early Life

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

Grant’s Career Journey

Upon completing college, Grant opted against pursuing a career in accounting, relocating to Chicago, Illinois, in 1987 to join a sales training firm. He traveled throughout the United States, ultimately spending five years in Houston, Texas, followed by 12 years in La Jolla, California, and then settling in Los Angeles. During this period, he struggled with a drug addiction and entered rehabilitation at age 25. Within five years post-rehab, he achieved millionaire status.

Grant made his fortune in automobile sales, eventually becoming the CEO of Freedom Motorsports Group Inc. He was instrumental in developing the National Geographic reality series “Turnaround King,” which premiered in 2011. Additionally, he is the owner of several enterprises, including Cardone Enterprises, Cardone Acquisitions, Cardone Training Technologies, and The Cardone Group, and he trains salespeople from car dealerships.

Among his numerous literary contributions, “If You’re Not First, You’re Last” achieved the #1 spot on both Amazon and Barnes & Noble and secured listings on the “Wall Street Journal” and “New York Times” bestseller charts. He and his wife, Elena, co-star in the self-produced web series “The G&E Show.” In 2016, Cardone was ranked #7 on Richtopia’s global list of the 500 most influential CEOs. He was also recognized by “Forbes” magazine as the #1 marketer to watch in 2017. Furthermore, Cardone’s residence was showcased on “How’d You Get So Rich?” hosted by Joan Rivers.

Real Estate Empire

Through his investment vehicle, Cardone Capital, Cardone has successfully built a real estate empire. The company has participated in real estate transactions amounting to billions of dollars and currently holds approximately $2.7 billion in apartment buildings across the United States, as noted in his biography. This figure remains unverified by independent sources.

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 once the tenants vacated, he made a significant move five years later by purchasing a 38-unit complex in San Diego for $1.9 million, putting down only $350,000. Within a month, he acquired another complex. His buying spree continued, and by 2012, Cardone Capital owned 1,016 apartments valued at $58 million.

Personal Life

Cardone is married to actress Elena Lyons, and together they have two daughters named Scarlett and Sabrina. He is a member of the Church of Scientology. Prior to his current marriage, Grant had a brief union at the age of 35 that lasted one year, ending with a settlement of $1 million.

Malibu Mansion

Grant acquired a Malibu, California property for $40 million in January 2022. This 9,500-square-foot residence is situated on the prestigious Carbon Beach, previously listed for $50 million. The seller was Vadim Shulman, a Ukrainian Oligarch, who purchased the home for $25 million in 2014. Notable neighbors include billionaire Oracle founder Larry Ellison and film producer Jeffrey Katzenberg. In May 2024, reports emerged indicating that Grant listed the house for sale at $65 million or available for rent at $250,000 per month. A video tour is available below:

Previously, he owned a Los Angeles home that was sold to musician Lionel Richie for $18 million.

In May 2021, it was disclosed that Cardone was the buyer of Tommy Hilfiger’s estate in Golden Beach, Florida, for $28 million. He listed this property in May 2024 for $42 million. Below is a video tour of this residence: