Grant Cardone has an estimated net worth of $300 million that he has earned over a period of years.
Who Is Grant Cardone?
Grant Cardone Biography, Age, Height, and Weight
Born March 21 1958 in Lake Charles, Louisiana, America. He is currently 63 years of age. He has transacted on $2.5 billion dollars of commercial real estate in most of his real estate career.
He is highly popular on social media with millions of followers. Grant Cardone is known to use social media to crowdfund.
Cardone is 5 foot 9 inches and weighs 77 kilograms.
In his early life, Cardone went to the local LaGrange High School and graduated in 1976. For his tertiary education, he attended McNeese State University to study accounting at the undergraduate level. He finished from there in 1981.
Grant Cardone Sales Career
In order to begin a career in a sales job, Cardone had to move to Chicago in 1987. He initially began working at a sales training company. H learned much during this sales training. During this time, he spent it travelling around the United States while still living in Chicago. He went back to Lake Charles Louisiana at some point which is where Cardone was born. Later he would move to Texas where he would live for five years. Cardone has also lived in California and Los Angeles and Miami Beach. He was a sales trainer for some time
Grant Cardone After Investing In Real Estate
Grant Cardone recently began his real estate empire by investing and has since become one of the most successful entrepreneurs in this field. He is the CEO of the largest private real estate funds in the US called Cardone Capital. He is a big real estate mogul.
The first real estate deal Grant Cardone landed with this new company was worth £78, 000 and had cost him £3, 500 initially. He was wary at first and even went as far as thinking he was stealing because of the massive profit he made.
Grant Cardone has detailed that he got into real estate after he was tired of working so hard. That was the reason and I am pretty sure at this point, a large majority of us can absolutely relate to that.
He said “No matter how hard you work or how good you are at something, talent and hard work by themselves won’t create wealth. You must have a vehicle that, number one, multiplies itself. With real estate, for every million dollars, we buy three to four million dollars worth of real estate.”
Cardone has also detailed that he was compelled to go into real estate in order to leave behind a legacy for his family as he had unfortunate experiences related to similar issues when he was younger. Grant Cordone also wanted to make more money so that he can be able to do more with his philanthropic activities.
So, he went on to begin the new firm. He has a lot of family property now.
He invested a lot of money, maybe into the millions, in the businesses he owns and has made a lot of returns because of that business. Every year Cardone net worth usually increases every year.
How Did Grant Cardone Become So Successful?
He has made much of his money firstly in real estate investment. Cardone has also branched out into making money through his university where they teach business programs for a fee. Cardone has a multi-family of companies.
Furthermore, he hosts an event that is centred around the 10x rule. People pay up to $20, 000 just to obtain a ticket to attend one session.
What age did Grant Cardone become a millionaire?
At the age of 30 years old, Cardone bagged his first million and was well on the way to becoming a multibillionaire. He has admitted that at the time he was battling very serious drug addiction. He went from drug addiction to a million-dollar entrepreneur.
Grant Cardone companies
There are a lot of companies that Grant Cardone owns and has large stakes in each of these companies. Moreover, the companies are interrelated and so they carry the same brand with the same prestige. When consumers see that it is a business or service affiliated with Grant Cardone.
Cardone Capital was created as recently as 2018 and has grown to almost 1.8 billion in assets under management. All this has been via crowdfunding initiatives. The multiple offerings have come from accredited and non-accredited investors. He raised a total of $360, 000, 000 using social media, making him one of the most successful crowd funders in the world.
It works by allowing Cardone Capital to find the deals, negotiate the purchase and financing, and closes the deal. Thereafter, the client invests in the institutional quality assets. Next, Cardone gathers the rents. This is because the collection of properties generates monthly rental payments from creditworthy tenants. Finally, the investor gets paid in cash distributions monthly to you, the investor.
Cardone Training Technologies
It is located in Miami, Florida and is part of the scientific research and development services industry. With so many employees in various places, they make a total estimated $29 million in sales. It was started in 1984.
This is not a university by traditional standards, rather it is a course called 10x Movement
For a course at Cardone University, $12, 995 will have to be paid. Grant Cardone has defended the exorbitant prices claiming that he wants people who are interested in his course to think of the course as an alternative to getting a business degree but just as useful and as valid as getting a degree.
The course covers everything about the essentials of starting and running a successful business and how to be an expert sales professional. The Cardone University package grants learners access to a vast library of material that can be accessed on any device.
Many reviews from those who have enrolled on the university have had plenty of positive things to say about it. They have even gone as far as recommending others to register for it.
Grant Cardone TV
Grant Cardone TV is a media site and channel for entrepreneurs, business owners, go-getters, startups, sales organisations and success-minded people that want to have a tailor-made way for getting their news and solutions.
The channels are designed to encourage viewers to be in control of what they are watching because knowing that how their life turns out is a product of what they consume and the thoughts that are put in the head.
Grant Cardone came up with the network due to the fact that he was consistently told that people were tired of viewing the same news delivered full of crises, politically driven agendas and much more. Cardone believes the content is biased depending on which advertiser the broadcasters want to please.
So, Cardone created Grant Cardone TV to have an alternative place for people to get different ideas, thoughts, strategies and information in general. Cardone would rather have a channel that is constantly providing viewers with solutions as opposed to problems which he believes mainstream television and media is so fond of handing out.
How Much Does Cardone Make a Year?
It is believed that Grant Cardone makes $40 million from e-commerce alone. This means taking into account all his other businesses and multi-family of investments, he makes way more than the stated $40 million.
Grant Cardone Net Worth Summary
Grant Cardone is currently valued at 300 million.
The 10X Rule by Grant Cardone
This is a principle that Grant Cardone has written about in his best selling book and holds seminars based on this.
According to a book summary by Dean Bokhari, Grant Cardone makes big promises in his book about the rules. So be ready to hear promises of success beyond your wildest dreams.
The book is trying to help people get out of the mindset of being average, normal, practical and satisfactory.
The main concept is that you have to aim ten times higher and do ten times more. This means any goal you set, you have to do it that way.
Some insist that setting impossible goals can be the culprit of killing motivation and that it is better to underpromise and overdeliver, Cardone believes this not the way. Cardone urges that the higher you aim, the more spurred you are to achieve what you have set out to achieve. Even if we happen to not reach said goal, it better to fall short of a massive target than o reach a small target.
In addition, Cardone tells us to break from the myth that success is a zero-sum game when the reality is that there is no shortage of success. One person’s success does not limit the amount of success that someone else can achieve.
On the contrary, success breeds success.
When we surround ourselves with people setting those high targets and taking massive action, it energizes us and gives us good examples to follow. And in turn, our success spurs others on.
Top Grant Cardone Quotes
“This is the focus of the rules: You must set targets that are 10 times what you think you want and then do 10 times what you think it will take to accomplish those targets.”
“Success for anyone or any group is ultimately a positive contribution to all people and all groups as it provides validation of the possibilities to all.”
“I suggest that you become obsessed about the things you want: otherwise, you are going to spend a lifetime being obsessed with making up excuses as to why you didn’t get the life you wanted.”
“A person who limits his or her potential success will limit what he or she will do to create it and keep it.”
“Treating success as an option is one of the major reasons why more people don’t create it for themselves- and why most people don’t even get close to living up to their full potential.”
“Average is failing to plan! Average doesn’t work in any area of life. Anything that you give only average amounts of attention to will start to subside and will eventually cease to exist.”
“Wake up! No one is going to save you. No one is going to take care of your family or your retirement. No one is going to “make things” work out for you. The only way to do so is to utilise every moment of every day at 10x levels.”
“There will be times when you’ll have to handle the buyer on money. Sometimes I remind a person, “While I agree it’s a lot of money for a gift, there’s no shortage of money on this planet. But there is a shortage of people who’ve found the love of their life and who know how to show appreciation for that person. Be grateful you’ve got someone to love. Now, how would you like to handle this?” Now that’s selling! If the buyer is totally convinced it’s right, he will chew off his own foot to have it!”
Grant Cardone Wife, Brother, Family
Grant Cardone got married in the year 2004 to a Spanish born actress called Elena Lyons. Cardone and his wife Elena have two daughters together. Their names are Scarlet and Sabrina.
Cardone has a twin brother called Gary Cardone.
Grant Cardone Private Jet
In the year 2015, Grant Cardone bought a Gulfstream G200 for $8 million. It was preowned and during the first year of operating, the jet flew 250 hours.
Cardone now owns a Dassault Falcon X that gives him an intercontinental range and took on the Diesel brand logo.