Grant Cardone Net Worth?
Grant Cardone‘s net worth is over $300 million in 2021. He is a real estate tycoon, a public speaker, the author of eight business books, the founder and CEO of Cardone Capital, and the host of numerous business shows. His YouTube channel focuses on Real Estate Properties and Investing, Entrepreneurship, Social Media, Sales Strategies, and Cash Flow Management.
His best-selling books include leadership, establishing great enterprises, and profiting from them.
But when it comes to real estate, you need a bunch of capital to start.
When I came out of the military I had nowhere near enough money to get started.
I’ve got that money now though and it was only possible because of this system
Before we get any deeper about Uncle G
DISCLAIMER:
This Grant Cardone review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Grant Cardone is a well-known real estate investor throughout the world.
As is the case with the majority of real estate investing training courses, you will almost certainly be introduced to the “Big 3” investing styles:
- Long-term buy-and-hold
- Wholesaling
- Flipping
Whichever road you take, real estate investing has a lot of possibilities.
After all, it is the world’s oldest source of riches.
However, before you abandon this Grant Cardone review and proceed to sign up, you may want to consider the following:
“Is today the ideal moment for me to begin investing in real estate?”
Because real estate investing, regardless of how you slice it, is highly capital intensive, labor-intense, or both.
Therefore, if you only have an hour or two available each day or your savings account is a few zeroes short of what you’re comfortable with, now may not be the best moment to begin investing in real estate.
However, it doesn’t mean you are out of luck. This means you require a method that will allow you to free up more time and provide you with a bigger financial cushion.
Digital Real Estate is an excellent approach to get there.
Digital Real Estate combines the finest aspects of real estate investing with the absence of the majority of the headaches:
- Mortgages
- Interest payments
- Low cashflow
- Expensive repairs and maintenance
- High overhead
- Problematic tenants
And the best part?
Digital Real Estate allows you to build a passive income stream that’s actually passive!
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors.
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is the perfect first step to build a recurring income that you can then use to start investing in real estate process down the line.
However, if you’d still like to know more about Grant Cardone, keep reading.
Is Grant Cardone A Billionaire? What Is His Current Net Worth?
Grant Cardone was a billionaire in 2020, with $1.5 billion real estate holdings. He is the founder of various businesses and the author of several books that have won honors.
However, we want to be honest in our review, and hence…
His net worth is $1.5 billion approximately. This was before the Covid-19 pandemic’s impact on the economy. His revenue streams included $40 million in eCommerce and almost $1.4 billion in real estate. Additionally, he maintains one of the most prominent real estate YouTube channels.
And he was the host of the 10X Conference, which was widely regarded as one of the most successful conferences in America.
Apart from them, Grant is the author of multiple popular novels and the owner of a private jet.
All of this was going swimmingly until the global crisis brought about by Covid-19 struck the entire world.
This has prompted many to wonder whether he is still a billionaire. Is he about to declare bankruptcy? How much money does he earn yearly? What is his current net worth? And so on.
How Much Does Grant Cardone Make In A Day?
He earns an estimated $130,136.99 each day through Cardone Enterprises.
That is a colossal sum of money, isn’t it? That’s probably not very feasible for an average person like you, is it?
To be honest, most individuals would be content with 10-20k each month…
And you’d probably concur as well.
What Age Did Grant Cardone Become A Millionaire?
By the age of 30, Grant Cardone had amassed a million dollars.
He was drowning in massive debts before earning his first million, and to make matters worse. He had battled a heroin addiction for as long as he could remember.
Favorite Quotes From Grant Cardone
“You’ll never be admired without being criticized first.”
“Never fear the haters. You can’t reach your potential without them.”
“No one is really served until you close the deal.”
“Your success is limited only by the investments you make in yourself.”
“Approach every situation with a whatever-it-takes-mindset.”
“I don’t go to work for the sake of work. I hate that saying! I want you to work to prosper. Work for freedom. This is what wealthy people do differently from anybody else. Wealthy people work for freedom. They’re not working for comfort items, not for a weekend, they’re working for freedom.”
“80% of success is showing up.”
“Complaining won’t get you a seat.”
“Focus on creating and producing a future, not what happened yesterday.”
Who Is Grant Cardone?
Some Fast Facts:
Who Is Grant Cardone? Real Estate Investor, YouTuber, Author, Speaker and founder of Cardone Training Technologies
Current Net Worth: 300 Million
Is Grant Cardone A Billionaire? Post COVID-19, no.
Children: Two
Wife: Elena Cardone
Gender: Male
How Much Does Cardone Make A Year? $40M from eCommerce alone
How Many Units Does Grant Cardone Own? 4,700
Education: Accountancy Degree from McNeese State University(Lake Charles, Louisiana)
Nationality: American
Birthday: March 21, 1958
Host: 10X Growth Con
Last Updated: 2020
Grant Cardone is a bestselling author, a digital entrepreneur, a real estate mogul, the spouse of Elena Cardone, and the father of two lovely girls.
He began his career in the auto industry (used vehicles) and has amassed a billion-dollar fortune through millions of social media followers (Facebook, YouTube, and Twitter), many high-performing web enterprises, and real estate transactions totaling a stunning $1.4 billion.
However, calculating Grant Cardone’s net worth is not as straightforward as adding up the value of all of his property or real estate, as he claims to have over a hundred sources of income. Additionally, his private enterprises do not publish financial statements, making estimating their genuine value impossible.
The figure is derived from his utterances during interviews and speaking engagements.
Grant Cardone BIO
Perhaps the most formative event in Cardone’s youth occurred when he was only ten years old, and his father died.
He had no one to look up to in his life as a fatherless youngster, no one to mentor him or teach him anything.
This is one of the very personal reasons Grant spends heavily on social media and email: he views them as an excellent platform for connecting with millions of others who may have gone through similar experiences.
When Grant turned 16, early life Grant Cardone, he assured his mother that he would become wealthy. Unfortunately, things took a turn years later, and Grant found himself deep in his drug issue at the age of 25, rendering him completely “unhireable.”
He earned an accounting degree from McNeese State University in Lake Charles, Louisiana.
And, despite a degree in accounting from McNeese State University, he could not find work at used vehicle businesses.
Grant despised selling – let alone being involved with car dealerships. However, he chose to make the most of what he had at the time. He sold used vehicle dealers in less than five years after receiving sales training and implementing a sales campaign.
After only five years, he established the program and began serving Fortune 500 companies and small enterprises. Today, Grant Cardone sales University serves as his major sales training and outlet.
He used the cash flow generated by his early sales career to acquire a single-unit property, which snowballed into developing a 38-unit multifamily complex. And has subsequently concentrated his efforts on obtaining multi-unit properties.
He established his real estate empire, consisting of 4,700 units and $1.4 billion in transactions.
Additionally, Grant’s investing arm, Cardone Capital, reports $800 million in assets under management, most of which are owned by Grant.
Will Grant Cardone Go Bankrupt?
Although Cardone’s journey to fortune was not simple, he succeeded in building an empire until he was infected with Coronavirus.
Many of Cardone’s core products and services would face severe hardship in a post-Coronavirus economy.
With the government shutting down 10X conferences in bulk, it may be forced to transition to an online forum to make income.
Cardone was the target of an online opponent, MeetKevin, who claimed that Grant’s real estate empire was on the edge of collapsing under the weight of excessive debt.
On the other hand, Grant is likely to have reached the stage where he is “too big to fail.” His real estate assets is probably set in stone.
Regrettably, many small-time real estate speculators are bankrupt and have lost everything. These individuals owned five to ten properties and generated a reasonable amount of cash flow.
However, the industry has completely crumbled!
As with any business that the global epidemic has impacted, his tenants are likely struggling to make payments, placing Grant in a financial bind.
While he is required to make massive debt service payments, his income continues to decline. The question is whether Grant has sufficient funds on hand to meet all of his financial responsibilities.
There is also an issue with his sales training program. While there will always be a need for organizations and businesses to employ outstanding salespeople, this demand has significantly decreased in the aftermath of the coronavirus pandemic.
The chances are that fewer businesses worldwide are willing to pay for business program training when their primary objective is to stay afloat.
Without a doubt, Cardone began with little assets, and few would wager against this industry-leading titan on his route to success.
Grant Cardone Books
His books detail Grant’s poor origins and how he amassed his money. The following are the books he has written, in which you may learn about his life and professional beginnings, which will undoubtedly inspire you.
The 10X Rule: The Only Difference Between Success And Failure
The 10X Rule is step-by-step guidance for ambitious business persons on achieving their company goals.
Grant began investing in real estate in the 1990s, concentrating on inexpensive housing in tertiary markets.
According to Cardone, your ability to take “huge action” is critical to your success.
While some business owners seek financing to fuel expansion or develop new items, Cardone constantly emphasizes the importance of the fundamentals: knock on the door or phone someone and begin selling.
According to Grant, all you need to do is focus on sales, and the rest will take care of itself.
Sell Or Be Sold: How To Get Your Way In Business And Life
The 10X Rule is created for prospective business owners and provides a step-by-step guide to achieving their goals. goSell or Be Sold is a book for those who need to effectively sell themselves to land the job they’ve been dreaming of or even persuade someone you like to go on a date with you.
Grant began investing in real estate in the 1990s, focusing on inexpensive housing in tertiary cities.
Grant describes how his present wife Elena refused to hang out with him, but he called her for more than a year until she agreed.
Grant teaches you how to shorten sales cycles, reverse negative situations, and endure rejection in this book.
He also explains how you can make sales despite a weak economy, restock your sales pipelines, and remain hopeful even when you face rejection.
Be Obsessed Or Be Average
This book encourages you to be “obsessed” with your ideal business and to go for it head-on.
It’s normal to hear successful entrepreneurs urge you to follow your passion, but it’s rare to hear someone tell you it’s good to pursue something you don’t enjoy (and get obsessed with), but that will bring you money and fortune.
This is what Cardone is saying to his audience. If you are obsessive, you will most likely do anything and everything in your power to achieve.
If You’re Not First, You’re Last: Sales Strategies To Dominate Your Market And Beat Your Competition
When studying ultra-profitable organizations such as Facebook and Google, dominant market dominance is frequently touted as the basis for their success.
But how do you go about doing that?
Cardone provides sales approaches and tactics for increasing conversions, creating margins for new goods, and establishing a dominant market position in this book.
How Does Grant Cardone Make So Much Money?
Grant Cardone‘s multimillion-dollar business is supported by various sources of revenue, including books, coaching, and real estate assets.
But the average individual, like you, definitely doesn’t want to publish a book or be in the spotlight all the time like he is.
You probably want to go unnoticed and have more than enough money to live the life you want.
Grant Cardone’s Net Worth: Grant Cardone Wealth
Grant Cardone wrote two best-selling books, “The 10X Rule” and “If You’re a Salesperson.” His sidekick and former pilot, Captain Ryan, revealed that some salespeople make about $400,000 a year with Cardone University because most of their customers are businesses willing to invest $100,000 or more to join Cardone’s sales training packages.
Assuming that the average salary is lower by about sixty sellers and that the commissions earned are approximately $100,000 per seller per year, that means his sales team earns payroll commissions of up to $6,000,000.
Each sales team member receives around 20% of every sale, bringing Cardone University‘s gross revenue to $30,000,000. Grant Cardone acquisitions produced over $40,000,000 in income from eCommerce alone before the epidemic.
Their sales training program may have high development expenses upfront, but it dramatically decreases operating costs. Therefore Cardone University might net them $5-10 million per year.
And, when his revenues from his Grant Cardone YouTube channel and book deals are included, Cardone could be earning $10 million to $15 million per year.
What is unexpected is that his sources of income are not confined to these.
He runs a $15,000 one-on-one personal coaching business. If you want other keynote speakers, He will charge you $100,000 plus an additional $10,000 for an internet sales rally.
He is also active on social media. Grant Cardone can be found on Twitter, Snapchat, Grant Cardone TV, and the Grant Cardone podcast.
All of this is separate from his real estate investment properties. At Cardone Capital, he is in charge of around $800 million in assets.
If each of the 4,700 units he owns is worth $100,000 on average, that equates to $470 million in real estate value!
Cardone explains in his book, The 10X Rule, that there is a fourth sort of action in business, in addition to the typical three types of action, which are no action, normal activity, and retreat from the action. According to Cardone, the fourth type will be disclosed in this book and catapult your business to colossal success.
Cardone group focuses on sales strategy and strategies for outperforming your competitors in his second best-selling book, If You’re Not First, You’re Last.
These two books, which were New York Times bestsellers, are available in print and Kindle.
SHEESH: That’s many different things going on, isn’t it? How does he ever find the time to relax and unwind?
The truth is that he does not.
And you’re already aware that you don’t want to be THAT busy…
Is Grant Cardone A Scam?
Is Grant Cardone a scam? Technically, no. You may earn money with his programs, but it is far from as simple as he makes it sound.
There is significant upfront labor required. There is no assurance of success, and – perhaps most significantly – the actual profit margins on real estate investments are small.
There is nothing inherently wrong with front-loading work and earning money afterward.
However, if you work for three months – looking for deals, submitting proposals, negotiating with the seller and lender to purchase a rental property – and your reward is only about $100 per month in profits, it’s not worth it.
What if, instead, you could complete the same three months of work (in your spare time) and receive a monthly payment of $500 to $2,000 (with a 90-95 percent profit margin)?
And what if you didn’t have to wait three months? What if you could begin today and receive your first payout in less than a week?
And what if you doubled it the next week?
That, my friends, is the power of Digital Real Estate.
And, unlike traditional real estate, you may do this legally from any location. It truly is a lifestyle business.
All you need is internet and a laptop.
Several of the program’s most successful students operate their whole six-figure enterprises from:
- A small villa in Greece
- A beach chair on the water in Mexico
- A camper in the middle of the woods
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives To Grant Cardone?
Yes, there are plenty of other business models to choose from if you want to pursue making money online. Here are just a few:
What Is Our #1 Recommendation To Make Money Online In 2022?
The ScamRisk team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Real Estate is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
Why?
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.
2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.
A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.
With Digital Real Estate, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH. Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.
Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).
With Digital Real Estate, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Grant Cardone which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.
