Not many people go through a period of drug addiction and come out the other side clean, turning their life around, but Grant Cardone has been one of the lucky minority. In fact, not only has he managed to build a drug-free life for himself, Grant Cardone has been able to forge an incredible net worth since leaving rehab, enough to make him one of the richest people in America.
Grant Cardone, who is known to be a diverse business owner, but primarily known for his career as a marketer and influencer, is one of America’s success stories and in this article, we took a look at how he achieved his incredible net worth. Check it out below.
Grant Cardone Net Worth
Grant Cardone, a native of Charles, Louisiana has a net worth of $300 million. The popular marketing influencer is one of four children born to his parents, including a twin brother named Gary.
He lost his father at the age of 10, which resulted in a string of bad behaviors that led him to drug addiction and eventually, rehab. Grant completed his education, up to college level, graduating from McNeese State University in 1981.
Since then, a determination not to relapse and make something of himself has seen him grow from a staff of a sales company to the owner of an $800 million business. Grant Cardone has achieved his net worth through real estate, book sales, international speaking and sales training.
How Did Grant Achieve His Net Worth?
Although it is not the first business he invested in, real estate has become the major source of Grant Cardone’s net worth. His first real estate deal was a single-family property in Houston, which he rented out to tenants. Through the income from his first property, along with the earnings from his other businesses, he bought his second property, a multi-family complex in San Diego, acquiring his third property a month after.
Using the revenue from his other properties to fund the acquisition of new ones, Grant Cardone, through his real estate company, Cardone Capital, has been able to acquire up to $800 million worth of real estate in the United States, contributing to his massive net worth. His real estate portfolio is spread across major states like California, North Carolina, Texas, Alabama, Georgia, and a few others. In Florida, Grant has the largest private party acquisitions with over 4,500 apartments.
One of the other ways Grant Cardone has acquired his massive $300 million net worth is through book sales. The entrepreneur has authored and published over five books, including Sell to Survive, Sell to Sold, If You’re Not First, You’re Last, The 10X Rule, The Closer’s Survival Guide.
Most of his books have sold several thousand copies, with If You’re Not First, You’re Last being his most commercially successful book, featuring on the New York Times Bestsellers list. Through his book sales, Grant Cardone has also expanded onto television with shows like Turnaround King which he hosted on National Geographic channel, and the web series, The G & E Show, which he hosts on his YouTube channel, where he has over 200,000 subscribers.
In addition to books, Grant Cardone has also written 13 best-selling online business programs, all of which are hosted under his online education platform, Cardone University. Through the programs, Grant Cardone is believed to hit a yearly revenue of over $50 million a year.
Grant Cardone’s third source of income was his first source of income. He began his professional career working as a salesman for a sales company, earning his first million dollars through the job.
Using the experience and insight he had gained from working as a salesperson, he started his consulting business, working with auto manufacturers and helping them redesign their sales model and processes. Through his consulting business, Grant Cardone has a yearly revenue of $10 million, working with various businesses across every sector.
Leveraging on the popularity of his consulting business and books, Grant Cardone also has a career as an international speaker through which he makes a considerable amount of money that has contributed to his net worth. He hosts ‘The 10X Rule’ conference that fetches millions of dollars from paid attendees every year.
He is believed to host as many as 250 speaking gigs per year, through which he earns his multi-million-dollar yearly income. Other than the above-listed income sources, Grant Cardone has also amassed his net worth through his studio business, 10X media production.