Grant Cardone Net Worth (Money & Salary)

What Is Grant Cardone’s Net Worth?

With a net worth of $600 million, Grant Cardone is an American entrepreneur, author, motivational speaker, and real estate investor. He is well-known for his expertise as a professional sales trainer and for discussing topics such as leadership, real estate investing, entrepreneurship, social media, and finance. His contributions include eight business books, thirteen business programs, and leadership of seven privately-owned companies, along with claims of over $4 billion in assets under management. Cardone has authored several best-selling works, including “The 10X Rule,” “Sell or Be Sold,” and “If You’re Not First, You’re Last,” focusing on sales, business, and personal development.

As an accomplished real estate investor, he possesses a multi-million dollar real estate portfolio and often shares his strategies and insights through his courses, books, and speaking engagements. In 2016, he established Cardone Capital, a real estate investment firm aimed at acquiring and managing multi-family residential properties. Moreover, with a substantial following on social media, Grant Cardone is recognized 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 series “Undercover Billionaire,” although it is important to note that he is not a billionaire—similarly, season 1 star Glenn Stearns was also not a billionaire.

Early Life

Born on March 21, 1958, in Lake Charles, Louisiana, Grant Cardone is the son 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 of five siblings. Grant graduated from LaGrange High School in Lake Charles and later earned his degree from McNeese State University in 1981. In recognition of his achievements, he was honored with the McNeese State University Distinguished Alumnus Award in 2010.

Career

Upon graduating, Grant Cardone opted against pursuing a career in accounting and moved to Chicago, Illinois, in 1987 to work with a sales training company. His journey took him across the United States, where he spent five years in Houston, Texas, followed by twelve years in La Jolla, California, before settling in Los Angeles. During this time, he faced challenges, including a drug problem, which led him to rehab at age 25. Just five years after leaving rehab, he achieved millionaire status.

Grant earned his wealth primarily through automobile sales and eventually became the CEO of Freedom Motorsports Group Inc. He was instrumental in developing the National Geographic reality series “Turnaround King,” which aired in 2011. His business ventures include Cardone Enterprises, Cardone Acquisitions, Cardone Training Technologies, and The Cardone Group, where he plays a key role in training car dealership salesmen.

Among his numerous publications, “If You’re Not First, You’re Last” achieved #1 status on Amazon and Barnes and Noble and appeared on both “Wall Street Journal” and “New York Times” bestseller lists. Additionally, Grant and his wife Elena produce the web series “The G&E Show.” In 2016, he was ranked #7 on Richtopia’s global list of the 500 most influential CEOs. By 2017, “Forbes” magazine designated him the #1 marketer to watch. Cardone’s residence also received attention on the show “How’d You Get So Rich?” hosted by Joan Rivers.

Real Estate Empire

Through Cardone Capital, Cardone has established a substantial real estate empire. His company has participated in real estate transactions worth billions and currently possesses approximately $2.7 billion in apartment buildings across the United States, as noted in his biography, although this amount remains unverified by independent sources.

His passion for real estate sparked at a young age but truly flourished at 29 when he purchased a house in Houston, which he later rented out. After the tenants vacated, he sold the property and five years later bought a 38-unit complex in San Diego for $1.9 million with a down payment of only $350,000. Just a month later, he acquired another complex, and he continued to expand his portfolio. By 2012, Cardone Capital had 1,016 apartments valued at $58 million.

Personal Life

Cardone is married to actress Elena Lyons and they have two daughters named Scarlett and Sabrina. He practices the Church of Scientology and had a prior marriage when he was 35 that lasted a year, concluding in a settlement of $1 million.

Malibu Mansion

Grant acquired a Malibu, California home for $40 million in January 2022. This 9,500-square-foot residence is situated on Carbon Beach and was previously listed at $50 million. The property’s seller was Vadim Shulman, a Ukrainian oligarch who purchased it for $25 million in 2014. Notable neighbors include billionaire Oracle founder Larry Ellison and film mogul Jeffrey Katzenberg. In May 2024, it was reported that Grant had listed the house for sale at $65 million or for rent at $250,000 monthly. A video tour is available here:

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

In May 2021, it was disclosed that Cardone was the buyer of Tommy Hilfiger’s mansion located in Golden Beach, Florida, for $28 million. He subsequently listed this property for $42 million in May 2024. A video tour of this mansion can be found here: