Popularly known as “Uncle G,” Grant Cardone is a successful entrepreneur and real estate investor, owning companies and properties worth millions of dollars. His tale features a steady rise to glory from the shambles of childhood and youth to his amassing jaw-dropping net worth in today’s wealth rankings. Grant Cardone’s net worth of around $600 million is, therefore, a result of his smart investments in different sectors, including real estate, and his establishment of several companies that fetch him cool cash.
Let’s delve into the inspiring lifestyle of Grant Cardone to learn about his career paths, personal lifestyle, and major sources of income. Also, in this article, we will learn how many dollar bills he makes annually and how much Grant Cardone’s net worth is.
Who is Grant Cardone?
Grant Cardone (@GrantCardone) was born on March 21, 1958, to a family of five children in Lake Charles, Louisiana. His parents, Curtis and Concetta Cardone, were lower-class citizens who worked from hand to mouth. Little did they know that their fourth child would grow to become the economic giant that he is today. Presently, Grant is a real estate investor, entrepreneur, author, public speaker, sales trainer, and the mastermind behind the 10X growth conference.
Grant Cardone’s rugged life began after the death of his father when he was just 10 years old. His mother left to care for five children and struggled to make ends meet. However, Cardone attended LaGrange High School in Lake Charles, where he became infamous because he developed a drug addiction, which saw to his regular suspension from school.
Regardless, Grant fought his way into and graduated from McNeese State University with an accounting degree in 1961. Let’s not forget that at the time of his graduation, he had accumulated around $40,000 in debt.
Grant’s road to economic stardom began after he chose to work outside his original accounting field. He worked at an automobile company as a car salesman just after he was released from rehab – to curb his drug addiction. Grant earned a fortune and went from a mere salesman to CEO in no time, giving him the room and capital to diversify into other money-making ventures.
What is Grant Cardone’s Net Worth, and How Did He Make His Money?
Grant Cardone’s net worth in the current market rankings is capped at around $600 million, and his real estate investment firm manages over $4 billion worth of real estate. Most of his exorbitant net worth came from the real-estate establishments that saw him go from a salesman to a millionaire in just five years after rehab. Also, the 10X growth conference, Cardone University, and the Grant Cardone Enterprise are major sources of his money.
Grant, after his salesmanship at an automobile company, decided to take his bargaining skills into selling properties as a real estate agent. His first investment was buying a single-family property in Houston, which he rented out. Grant later sold the property after the tenants left and made a substantial amount of profit, which he turned into capital for acquiring other properties, including the $1.9 million 38-unit complex in San Diego.
Through his consistent investing style, Grant Cardone already owned 1,016 properties worth around $58 million in 2012. Today, his company reportedly owns over $2 billion worth of investment properties in the United States alone.
In January 2022, Grant added a $40-million property in Malibu to his collection and the property later got listed at $50 million, and it is looking to rise higher with time. Cardone’s net worth enjoyed an immense boost through these developments, and the clever investor leveraged his growing wealth and built a speaking, writing, and consulting career.
Grant Cardone’s Books
Grant Cardone’s pen game is so sleek that he has books at the top ranks of major book vendors globally. His most popular book, “The 10X Rule,” peaked on Amazon, Barnes, Wall Street, and Noble’s rankings, holding the #1 spot for a long time. It also made the New York Times bestseller list at a retail price of $20 with a 5% royalty rate, fetching him a dollar for every book sold on Amazon.
His other book titles, such as “Sell or Be Sold,” “If You’re Not First, You’re Last,” and “Be Obsessed or Be Averaged,” show his peculiar motivating technique. These books also made a huge success, each selling millions of copies and contributing to Grant Cardone’s net worth of $600 million. Specifically, Grant Cardone reportedly makes over $5 million annually from book royalties alone.
The Grant Cardone Enterprises
Grant Cardone’s money-making scheme stood on the idea that it becomes easier to rise when you lift others. This is why he established Grant Cardone Enterprises, a conglomerate of companies that help other businesses or individuals to succeed financially. Grant Cardone Enterprises provides employment opportunities to hundreds of individuals and also creates a platform for educational training.
Founded in 2012, Grant Cardone Enterprises witnessed enormous growth and generates millions of dollars annually for Grant Cardone. As of 2023, the company has over 160 employees and generates an estimate of around $100 million annually. Grant also has a large number of other companies that make up the Cardone Enterprise. They include the Cardone University, Grant Cardone Licenses, Cardone Advertising, Grant Cardone TV, 10X Events, and Grant Cardone Foundation.
10X Growth Conference
Cardone established this platform to gather insights from other successful businessmen, artists, and entrepreneurs so that other aspiring individuals can gain knowledge and inspiration. The business leadership conference has hosted big names like Snoop Dogg, Steve Harvey, Tai Lopez, Grant Cardone himself, and several other rich dudes.
A particular conference held in Miami in 2019 was one to remember for both the real estate investor and the community where the conference was held. Grant Cardone’s 10X conference sold out all 35,000 seats, generating huge amounts of money for him and an estimated economic impact of about $130 million on the community. Not forgetting that tickets to 10X conferences ranged from $2,000 to $5,000.
Thanks to the success of this event, Grant Cardone got new opportunities for wealth creation as he was invited to several conferences and live events globally. He charges fees ranging from $100,000 to $200,000 and above to speak in live events and seminars, contributing immensely to Grant Cardone’s net worth.
The Cardone University
This is an online sales program established by Grant Cardone. The university hosts over 830 courses revolving around financial management techniques and effective sales. Cardone University embraces both young and old innovative minds looking for more insights on finance management skills, money-making ideas, and how to be successful in their businesses.
Additionally, Cardone University features several technical courses, such as setting and handling objections, understanding the buyer, and the art of event planning. Acquiring these courses through Cardone University costs about $10,000, and as you would expect, thousands of sales professionals enroll yearly.
How Much Does Grant Cardone Make Annually?
Grant Cardone’s net worth, a smashing $600 million, accumulates yearly, and the American investor is looking to make even more in the coming years. From his numerous ventures, particularly the real-estate business, Grant Cardone Enterprises, and Cardone University, the American investor reportedly earns around $50 million annually.
Grant Cardone is also known for his love for luxurious investments in assets like cars, wristwatches, and a $50 million Gulfstream G650ER private jet. His car collection features brands like Mercedes Benz, Rolls-Royce, Bentley, McLauren, and a grand $3.6 million LaFerrari. Grant’s wristwatch collection is no surprise given his love for exquisites, and he owns quite a number of them, including rose gold chronographs such as a Hublot limited edition for $400,000.
Conclusion
Grant Cardone is a self-made millionaire, entrepreneur, and motivational speaker who has built over $600 million by creating multiple businesses, investing in real estate, and teaching others how to achieve financial freedom. His success story is an inspiration for anyone who wants to pursue their dreams and goals. You can learn more about him on his website, podcast, and social media channels.
