What is Grant Cardone's net worth? Meet the ‘Undercover Billionaire’ entrepreneur who was a drug addict at 25
Work hard, save money and own a home... For most people, this would be the ideal mantra for a successful life. But Grant Cardone doesn't think so. An unapologetic entrepreneur, the 62-year-old is an international motivational speaker, real estate investor, sales trainer and author of best-selling publications, including 'The 10XRule' and 'Be Obsessed or Be Average'.
According to Grant, people have everything you need, and cash is trash when it sits idle. You need to put your money and your contacts to work. There’s nothing Grant won’t do for an opportunity to succeed, and he believes that a relentless attitude should be adopted by everyone.
Who is Grant Cardone?
Born on March 21, 1958, Cardone grew up in Lake Charles, Louisiana, United States. He studied at La Grange High School and then graduated from McNeese State University. At 25, he was in rehab for drug addiction and without a job. By 30, he already made his first million dollars.
Talking about the transition, he said in an interview, “Long story short, I got out of the treatment center, decided to not use drugs anymore, and I looked at one thing that I could focus on. Anytime that I had focused on one thing in my life, I did not get into trouble. I didn’t have that between the age of 10 and 25. Or maybe I did and I just didn’t take it. So I channeled all my energy into something constructive with a promise to not be destructive. I didn’t get excited about it nor did I make a commitment to it. I got a sales job and decided I was throwing myself into it. By the way, I hated sales.”
Talking about his secrets for success, the self-made businessman added, “I’m a risk-averse person. I dislike taking risks. So I make sure I don’t lose money. Also, I don’t go to work to work. I go to work because I want to be paid. That being said, I don’t get paid for 80% of the things I do. But I come to work to improve my financial situation, not just to get my job done.”
What is he doing on ‘Undercover Billionaire’?
Set to play a crucial role in 'Undercover Billionaire', Cardone is one of three successful entrepreneurs betting $1 million that they can go undercover in three different cities, start their own business with just $100 and top the million-dollar mark in just 90 days.
At the end of the challenge, each of them will reveal their true identities to the people who helped build their business. But will they be able to turn their big ideas into a reality? And can they navigate the impact of COVID-19 that has forced so many businesses across the country to shutter?
Each person will need to rely on their own unique secrets of success. Everyone has their own game plans, secret business hacks and strategies. After all, there’s more than one way to make $1 million dollars. Before he sets his foot into the real world, here's all you need to know about Cardone.
What is his net worth?
His official website reads: “Grant Cardone is a real estate mogul who built his $1.9 billion portfolio of multifamily properties from scratch. Moreover, he was named the #1 marketer to watch in 2017 by Forbes Magazine.”
According to Enterprenuer.com, his five privately held companies have annual revenues exceeding $300 million. His website also boasts of recommendations by top industry leaders and celebrities like Snoop Dogg, Floyd Mayweather, Logan Paul, Gloria Mayfield Banks, Tim Grover and many more.
Going by his LinkedIn profile, one of his enterprises recently hosted the largest entrepreneur conference ever held with over 34,000 business people and entrepreneurs in attendance from over fifty countries. Cardone resides in Miami with his wife, Elena Cardone and their two children, Sabrina and Scarlett. As of 2020, Cardone is worth a whopping $300 million approximately, which is more than both his other contenders!
What is his success mantra?
Cardone said, “Going by the stereotype around my age, I shouldn’t even know anything about the Internet because it didn’t come around until I was 45 years old. Kids these days don’t know anything different. My 8-year-old has more followers on her Instagram account than I had in the first year of mine.”
“You see, the game is changing and we have got to change with the game. Don’t be like your grandparents or that old man scoffing about the millennials. I’ve always been willing to change and get ahead of the cycle regardless of my age or whether it applied or not. I’m interested and curious,” he continued
He added, “For me, a mentor would be somebody who has written more than two books. I have never asked somebody to mentor me or spend time with me.”
'Undercover Billionaire' Season 2 and the new series 'Undercover Billionaire: Comeback City' premiere tonight, January 6, at 8 pm and 10 pm ET/PT, respectively, on Discovery.