Grant Cardone Net Worth 2022 (Forbes) – Is He A Billionaire?

With income from books, events, and real estate investment, Grant Cardone has amassed a net worth of $2.6 billion as of 2022.

Grant Cardone is a New York Times best-selling author and an internationally recognized speaker on leadership, real estate investing, entrepreneurship and finance. 

As CEO of the world’s leading sales training platform, Cardone advises Fortune 500 companies and clients such as Google, Northwestern Mutual, Morgan Stanley, and others. He is one of the top 5 social media experts and one of the 10 most influential CEOs today. 

He is also executive producer and star of two reality shows TV and creator of the first online network for entrepreneurs and businesses TV, Grant Cardone TV.

Today we’re going to discuss how much money Grant Cardone has and how he builds his net worth.

At the end of this article, we will also tell you how to get rich like Grant Cardone. So be sure to read to the end.

Grant Cardone Net Worth 2022: Is He A Billionaire?

Grant Cardone has an estimated net worth of $2.6 billion in 2022. His primary income source is from his career as a sales trainer, motivational speaker, real estate investor, and thought leader. His companies include Cardone Capital, Cardone Training Technologies, Grant Cardone TV, and Grant Cardone Sales University, all of which make millions annually. 

Cardone is also an experienced private investor in multifamily properties and owns a portfolio of over 3,800 apartment units in the U.S. with transactions valued in excess of $500 million. So you can imagine Cardone has made a lot of money from real estate investment.

In addition to real estate investments, e-commerce is another important source of income for Grant Cardone. He built a $40 million-a-year e-commerce business.

Grant Cardone is also a popular author who has sold millions of copies of his best-selling book, most notably The 10X Rule, and is the creator of 21 best-selling business programs.

His event business has also been successful. In 2022, Cardone and his company managed to sell out the event – the sixth annual 10X Growth Conference – with 3,460 people in attendance. 

His experience as a real estate mogul, public speaker, author of eight business books, and CEO of Cardone Capital makes him a sought-after speaker, which earns him a lot of money as well.

Combining all the income sources, we estimate that his annual income is more than $182 million.

Here’s the breakdown of his net worth:

Name: Grant Cardone
Net Worth 2022: $2.6 Billion
Monthly Salary: $5 Million+
Annual Income: $182 Million+
Source of Wealth: Entrepreneur, Investor, Motivational Speaker, Writer, Radio Personality, Sales Trainer

Net Worth Last 5 Years

Net Worth 2022: $2.6 Billion
Net Worth 2021: $2.3 Billion
Net Worth 2020: $1.5 Billion
Net Worth 2019: $1.2 Billion
Net Worth 2018: $1 Billion

How Much Money Does Grant Cardone Make From Real Estate?

Grant Cardone made more than $1 billion from real estate. He has been investing in multifamily housing since the mid-1990s. In 2015, he founded Cardone Capital, a real estate crowdfunding platform with over $2 billion in assets.

He is reported to own and control $800 million worth of investments in the United States through his companies. His multi-million dollar real estate empire spans Alabama, Arizona, California, Florida, Georgia, North Carolina, Tennessee and Texas. 

When he was 29, he bought a Houston single-family home that he rented out, and his interest in real estate grew. The property was sold after the tenants left, and five years later he bought a 38-unit complex in San Diego for $1.9 million, with a down payment of just $350,000. 

Cardone built an empire through his investment vehicle, Cardone Capital. According to his biography, the company has been involved in billions of dollars worth of real estate transactions and currently owns $2.7 billion worth of apartment buildings in the United States. No independent source has verified this amount.

Cardone Capital continued to purchase complexes and by 2012, it owned 1,016 apartments for a total of $58 million.

How Much Money Does Grant Cardone Make From Sales Training?

Grant Cardone made more than $100 million from sales training. In 1987, Grant Cardone moved to Chicago, Illinois to work for a sales training company after deciding not to pursue his original field of accounting. In the United States, he spent five years in Houston, Texas, 12 years in La Jolla, California, and finally 20 years in Los Angeles. 

When he worked as an automobile salesman, he was able to earn his fortune and became the CEO of Freedom Motorsports Group Inc. For National Geographic, he helped develop the reality series Turnaround King, which aired in 2011. 

Grant owns the Cardone Enterprises, Cardone Acquisitions, Cardone Training Technologies, The Cardone Group, and helps train car dealership salespeople.

How Much Money Does Grant Cardone Make From His YouTube Channel?

Grant Cardone made more than $1 million from his YouTube channel. With 2.08M subscribers, Grant Cardone makes a good amount of money from his Youtube channel.

YouTubers with 100k subscribers and two new videos each week can make $600 to $1,000. The ad revenue is somewhere between $2,400 and $4,000 per month.

Based on the estimated number of views for the pending video, YouTubers charge brands anywhere from $10 to $50 per 1,000 views. When the video reaches one million views, the YouTuber makes anywhere between $10,000 and $50,000. 

According to the YouTube money calculator, ​​Grant Cardone has easily earned at least $39,060 – $624,960 from his YouTube channel a year.

How Much Money Does Grant Cardone Make From Instagram and Facebook?

Grant Cardone also makes a lot of money as an influencer on Instagram and Facebook. 

As of 2022, Grant Cardone also has 3.7 million followers on Instagram. That means he is a mega-influencer who can charge $10K+ per post. Instagram pricing calculator shows that his account @grantcardone can charge $24.3K – $29.1K for 1 post and 1 story.

Moreover, his Facebook page has 6.7 million followers. 

With his social media following, he can earn a good income through sponsorship and advertising. 

How Much Does Grant Cardone Make A Year?

According to Forbes, the annual income of Grant Cardone is more than $182 million. 

What Investments Does Grant Cardone Have?

Cardone said he bought Bitcoin when the digital currency was worth only about $500. That amount is worth nearly $2 million in 2018. If he hasn’t sold it, the value would be $4 million in May 2022.

How Much Money Does Grant Cardone Make From Books?

Grant Cardone made more than $100 million from his books. He is the author of several books, including If You’re Not First, You’re Last, which hit #1 on Amazon and Barnes and Noble and made the Wall Street Journal’s and The New York Times bestseller lists.

As a result, he has made a lot of money from book royalties. Most publishers pay royalties based on the retail price of the book. This means that if the retail price is $20 and the royalty rate is 5%, you will earn $1 per book sold.

Below is the list of Grant Cardone’s books:

1. The 10X Rule: The Only Difference Between Success And Failure

The 10 X Rule unveils the principle of “Massive Action,” allowing you to blast through business clichŽs and risk-aversion while taking concrete steps to reach your dreams. It also demonstrates why people get stuck in the first three actions and how to move into making the 10X Rule a discipline.

2. Sell Or Be Sold: How To Get Your Way In Business And Life

In Sell or Be Sold, Cardone breaks down the techniques and approaches necessary to master the art of selling in any avenue. You will learn how to handle rejection, turn around negative situations, shorten sales cycles, and guarantee yourself greatness. Cardone will also teach you the success essentials of

3. Be Obsessed Or Be Average

This book gives you the inspiration and tools to break out of your cocoon of mediocrity and achieve your craziest dreams. 

4. If You’re Not First, You’re Last

If You’re Not First, You’re Last is about how to sell your products and services—despite the economy—and provides the reader with ways to capitalize regardless of their product, service, or idea. Grant shares his proven strategies that will allow you to not just continue to sell, but create new products, increase margins, gain market share, and much more.

Will Grant Cardone Go Bankrupt?

Although Cardone’s path to wealth was not an easy one, he managed to build an empire until he was struck with Coronavirus.

Many of Cardone’s products and services would suffer in a post-Coronavirus economy.

Due to the government’s massive shutdown of 10X conferences, it may need to move to an online forum in order to generate revenue.

Grant’s real estate empire could suffer from heavy debt, according to his online opponent MeetKevin, who attacked him online.

However, Grant may have reached the point where he’s “too big to fail”. It looks like Grant’s real estate is set.

Many real estate investors are losing everything and going under. They own five to ten properties with some decent rental income.

However, the entire industry collapsed!

As with any business that has been affected by the pandemic in the world, Grant’s tenants have been struggling to make payments, putting him in a difficult position financially.

His revenue keeps declining despite the huge debt service payments he must make. Do Grant’s financial reserves cover all of his obligations?

His sales training program is also problematic. In the past, there has always been a need for businesses to hire excellent salespeople, but that has dramatically declined since the Coronavirus outbreak.

When companies are focused on staying afloat, the likelihood is that fewer are willing to pay for business training programs.

With no assets currently under Cardone’s control, few would bet against this industry giant on the road to success.

What House Does Grant Cardone Own?

Malibu Mansion

Grant purchased a home in Malibu, California, for $40 million in January 2022. It has a floor area of 9,500 square feet on Carbon Beach. It was once listed for $50 million. Nearby are billionaire Oracle founder Larry Ellison and movie mogul Jeffrey Katzenberg.

According to The Real Deal, Cardone’s new $40 million Malibu home is not a permanent residence, but a vacation getaway where he is expected to spend six months a year with his wife Elena.

A grassy lawn with a lap-lane swimming pool and stunning ocean views are some of the features of this six-bedroom, 10-bathroom mansion on the beachfront in Malibu.

Furthermore, the hotel is located along the famed Carbon Beach, also referred to as ‘Billionaire’s Beach’.

Miami Mansion

Grant Cardone once lived in a lavish mansion on Sunset Strip that was once owned by Lionel Richie. After selling the home in 2012 to the Walmart heiress Sybil Robson Orr, he left the City of Angels.

For tax reasons, Cardone moved to Florida that same year and expanded his business there.

Therefore, Grant Cardone’s primary residence is the $28 million mansion in Miami, previously owned by fashion designer Tommy Hilfiger. 

How Much Are Grant Cardone’s Private Jets Worth?

Grant began his private jet journey in 2015 when he purchased a pre-owned Gulfstream G200 for USD$8m. The jet flew 250 hours in its first year of operation. 

How does anyone make sense of moving from charter to buying a $50m private jet, then paying an additional $3m for maintenance and flying their new acquisition? 

Owners of private jets might justify their decision to purchase, however, by claiming 100% bonus depreciation in the first year of ownership. 

Grant decided to upgrade from his pre-owned Gulfstream G200 to a brand-new Gulfstream G550 because of this. In the past, depreciation was spread out over five years (20% per year).

In 2020, Grant received a few calls from people who wanted to buy the G550. Eventually, he sold and moved into a Gulfstream G650ER.

How Much Are Grant Cardone’s Cars Worth?

Grant Cardone is so rich that he owns a collection of luxurious cars. He once bought two exotic cars, which can cost over $100,000, for Christmas in 2018.

In a YouTube video, he tried to make sense of his decision on buying a $3.6 million LaFerrari.

 

Grant Cardone’s Personal Life, Family and Wife

A native of Lake Charles, Louisiana, Grant Cardone was born on March 21, 1958. Concetta Neil Cardone (deceased in 2009) was his mother, while Curtis Louis Cardone (deceased in 1968) was his father. The fourth child of five children, Grant has a twin brother named Gary. 

In 1981, he graduated from McNeese State University and LaGrange High School in Lake Charles. In 2010, McNeese State University awarded him the Distinguished Alumnus Award.

He is married to actress Elena Lyons. Their daughters are Scarlett and Sabrina. They belong to the Church of Scientology.

When Did Grant Cardone Become A Millionaire?

By the age of 30, Grant Cardone was a millionaire. However, Grant said he was drowning in huge debts when he made his first million, and that his drug habit lasted as long as he can remember.

Is Grant Cardone Self-made?

Grant Cardone is a self-made billionaire. He began his career as a sales trainer and gradually built up his net worth over the years.

FAQs About Grant Cardone

How tall is Grant Cardone?

Grant Cardone is 1.83m tall.

How old is Grant Cardone?

Grant Cardone was born on March 21, 1958. He is 64 years old as of 2022.

Favorite Quotes from Grant Cardone

“Never fear the haters. You can’t reach your potential without them.” – Grant Cardone

 

“You’ll never be admired without being criticized first.” – Grant Cardone

 

​​“Approach every situation with a whatever-it-takes-mindset.” – Grant Cardone

 

“Your greatness is limited only by the investments you make in yourself.” – Grant Cardone

 

“Focus on creating and producing a future, not what happened yesterday.” – Grant Cardone

 

“Show up early. Treat people with respect. Perform at the highest levels.” – Grant Cardone

 

“I don’t go to work to work. I hate that saying! I want you to go to work to prosper. Go to work for freedom. This is what wealthy people do different than anybody else. Wealthy people work for freedom. They’re not working for comfort items, not for a weekend, they’re working for freedom.” – Grant Cardone

 

“Commitment isn’t measured by doing the things you want to do but doing the things you don’t want to do when you don’t want to do them. This is how you get FREEDOM – sacrifice a few years for a life!” – Grant Cardone

Further Reading

Related Lists of Celebrities’ Net Worth

Or, browse all celebrities’ net worth.

How To Become Rich Like Grant Cardone?

Grant Cardone did not become rich by luck. To become as rich as Grant Cardone, you have to work smart.

Successful people become rich because they take advantage of the opportunities that come their way. They are in the right place at the right time and take the right action.

Thanks to the Internet, the world has changed massively in recent years. Nowadays it has become much easier to make money online.

Instead of looking for a 9-5 job and staying in your comfort zone, it’s better if you become your own boss as soon as possible.

You can learn how to build a digital asset that generates cash flow for you while you sleep to grow your wealth quickly.

If you seize this golden opportunity in time, you can become as successful as Grant Cardone one day.

Recommendation: Make Passive Income Online

1 thought on “Grant Cardone Net Worth 2022 (Forbes) – Is He A Billionaire?”

  1. Forbes has him at 600 million in 2022, so he’s not a billionaire or he’d be on their annual list. GC is a liar as usual and whomever wrote this is a puppet for promoting his bull.

    Reply

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