Grant Cardone is an example of relentless dedication to triumph against all probabilities.
At 64 years old, Grant has remarkably become a multi-millionaire in real estate sales and amassed a net worth of $600 million by 2024.
His story demonstrates that everyone can accomplish success if they are determined enough and never surrender.
Although he appeared on the show “Undercover Billionaire”, it seems as though Grant still hasn’t quite reached his goal; however, there’s no doubt that with his commitment, ambition and hard work he will one day reach billionaire status.
If you’re interested in learning more about Grant Cardone & how he actually came to make his impressive net worth, keep on reading.
Early Life
Grant Cardone was born in 1958 to Curtis Louis and his wife in Lake Charles, Louisiana. Having grown up amongst three other siblings with a less-than-privileged background, Grant lacked the guidance of a father figure when his dad passed away at 10 years old.
His twin brother Gary is now an esteemed businessman but back then they both had their struggles – particularly Grant, who battled alcohol and substance abuse throughout adolescence that prevented him from succeeding academically.
Undeterred by the circumstances, he succeeded in graduating from McNeese State University back in 1981. Following college, he worked as a salesperson while also investing in real estate. His first business endeavour was consulting for car manufacturers and dealerships throughout the US and Canada to refine their marketing strategies.
He kept at it through his time with the auto industry until saving enough money to make yet another real estate venture – this one being much bigger than before.
Education
Grant graduated from LaGrange High School in Lake Charles before attending McNeese State University, where he earned his degree in 1986. He was further recognized for his achievements by the university when they awarded him the prestigious “Distinguished Alumnus Award” in 2010.
Additionally, Grant is an esteemed OT 8 member of the Church of Scientology and a major donor to its organization. As such, he has attributed much of his personal growth and wealth to L Ron Hubbard – founder of Scientology – whom he credits with giving him vital life lessons that have contributed significantly towards shaping who he is today.
How Did Grant Cardone Build His Net Worth?
Grant Cardone is an entrepreneur and real-estate mogul. He is best known for his sales training program, Cardone University, which has over 221,000 active learners, as well as his real-estate empire worth $1.7 billion dollars.
So how does Grant Cardone make his money? Let’s take a look at some of the sources of income he uses to fund his lifestyle.
Real Estate Investments
From the moment he stepped foot in a car dealership, Grant Cardone realized the potential of real estate. He began small with only one single-family property located in Houston and eventually progressed to multifamily housing.
As his portfolio grew more extensive and more successful, it provided him with enough funds to further develop his empire. His diligence has paid off; now, Cardone Capital consists of 35 properties containing 11,552 apartment units.
Real Estate Holdings
Grant Cardone also makes money through his real-estate empire. He has invested heavily in commercial property across the US and owns more than 1 million square feet of retail space, including office buildings, shopping centres and apartment complexes. His portfolio continues to grow with new acquisitions each year, making him one of the most successful real estate investors in the country.
By leveraging low-interest debt to earn passive income from real estate, Grant Cardone has built an impressive portfolio of properties spanning eight states worth a combined $1.2 billion and secured loans from banks and investors. His consistent efforts have earned him a net worth of $600 million.
In January 2022, Grant Cardone scored a bargain when he purchased the breathtaking 9500 sq. ft. home located on Carbon Beach in Malibu for only $40 million – that’s 10 million less than its original listing price.
Sale of Books and Courses
In addition to his other ventures, Grant Cardone is also the author of several books that have sold more than a million copies. His books focus on topics such as salesmanship, personal finance and entrepreneurship. They offer readers valuable advice on becoming successful entrepreneurs by taking control of their finances and developing strong business principles.
Apart from his real estate investments, Grant Cardone has taken on other entrepreneurial endeavours. He offers book sales and training programs as well as the widely watched Grant Cardone TV channel.
Widely praised for their wisdom, he has authored five books: “Sell to Survive”, “The 10X Rule”, “The Closer’s Survival Guide”, “Sell to Sold,” and the powerful mantra of success -“If You’re Not First, You’re Last”. Companies such as Google and Ford Motor Company have been known to use his educational resources in order to hone their craft of successful selling.
Cardone University
Cardone University is Grant Cardone’s sales training program. It was created to help individuals learn the skills needed to succeed in sales and build their own successful businesses. The program includes courses on marketing, copywriting, lead generation, customer service and more. It costs $1497 per year for individuals and provides access to a wide range of resources and tools which can help learners grow their businesses.
Grant Cardone makes money from a variety of different sources, but the two largest are definitely his sales training program, Cardone University, and his real-estate empire. With over 221,000 active learners enrolled in Cardone University and millions invested in real estate properties across the US, it’s easy to see why Grant Cardone is one of the most successful entrepreneurs today.
He continues to provide valuable advice to aspiring entrepreneurs through his books while offering individuals access to quality education through Cardone University so they can achieve success just like him.
Bottom line
As of 2024, Grant Cardone’s net worth is approximately $600 million. He has accomplished this through a mix of real estate investing, sales coaching, and product launches.
His straight-to-the-point methods have helped him build a vast empire that spans multiple businesses and industries.
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But overall, we hope that this post has given you a good insight into Grant Cardone’s net worth & how he actually managed to make his money.
And if you happen to have any further questions or comments, don’t hesitate to leave them below.
