Real estate · Deeply sourced
Grant CardoneGrant Cardone
"10X" author, from auto salesman, trained the Empire + Real Estate Fund. The father died when he was 10 years old, and...
IndustryReal estate investment / sales training
Birth1958-03-21
Maximum number for self-presentation$1.1B
External sources4 Belt Link
PUBLIC INTERVIEW RESEARCH
Machine-assisted English draft · Names, money figures, and source links remain tied to the Chinese research record. Switch to 中文 for the original editorial version.
$1.1BMaximum self-reported (unverified)
7GrowthEvery belt source
9Macro Data PointAlignment Year of Enterprise
4Industry structure entryBring Source
01Chapter IPersonal file.
Personal file.
"10X" author, from auto salesman, trained the Empire + Real Estate Fund. His father died when he was 10 years old, he overdosed three times in his twenties, turned on sales before he was 30, and since 2017 he has raised funds from the diaspora for multiple homes.
| Item | Contents |
|---|---|
| Name | Grant Cardone |
| Birth | 1958-03-21 · Lake Charles, Louisiana, USA |
| Nationality/current residence | Golden Beach, FL/ Malibu, CA |
| Family background | One of the five brothers; father Curtis Louis runs a grocery store and is trained as stockbroker; 10 years old and 10 years later, Curtis also dies. |
| Industry | Real estate investments/funds |
| Channel ID confirmed. | Interviewee (Young Entrepreur Interviews Billionaire Grant Cardone) |
Education
- La Grange High School (Lake Charles) - 1976 Graduate Source
- McNeese State University - Graduated from Accounting
02Chapter IIHistory of growth: from birth to scale
History of growth: from birth to scale
There are seven phases, each with its source. This is the complete chain behind the profile on the card.
| Phase | What happened? | Source |
|---|---|---|
| Childhood | Lake Charles grew up in Louisiana, one of the five brothers and sisters; 10-year-old father died, family changed. Source | |
| Study. | Graduated from La Grange High School in 1976, followed by McNeese State University accounting degree (graduated, not dropped out). Source | |
| Low Valley | Drug abuse at age 16-25, three overdoses, admission to a drug treatment facility; self-incriminating 70 stitches at age 20. Source | |
| First job. | Entered a sales training company, from Lake Charles to Houston, to La Jolla, for about 12 years; then moved to car sales and made it possible for Freedom Motorsports Group CEO. Source | |
| First investment | From a single house, the third is 48 flats -- he himself called it a real turn. Source | |
| Size | Productization of sales methods (training/courses/presentations) and introduction of training cash flows into real estate funds; first-time fund-raising for non-qualified investors in 2017, using Regulation A. Source | |
| Circle! | 2021-01 Participation in the second quarter of Discovery Undercover Billionaire ($100 start/90 days) to mainstream the individual IP. Source |
03Chapter IIIBusiness: What is he doing?
Business: What is he doing?
| Company | Create/start | Role | Do what? | The current scale. | Source |
|---|---|---|---|---|---|
| Cardone Training Technologies / Cardone University | 1990s | Founder | Sales training, courses and software (Cardone University self-narrative 500,000+ users) | Clients include Google/Sprint/Aflac/Toyota/GM/Ford (self-presentation) | Source |
| Cardone Capital | 2017 | Founder | Multi-household real estate fund to raise funds from the diaspora using Regulation A | Self-statement of $54B AUM, 20,000+ investors, 14,850+ household, $2B cumulative fund-raising | Source |
| Cardone Equity Fund LLC / Fund IX / Cardone REIT I | 2017 / 2020 / 2023 | Issuer | Reg A mass carrier | SEC EDGAR Recordable | Source |
04FIELD NOTEHis mindset and hit.
His mindset and hit.
It's just a "do what you can" chapter, and it doesn't collect how much he earns -- it doesn't mean anything to us, as you ask.
Figures he mentioned (reference only, not verified)
- “so we've raised 1.1 billion dollars crowdfunding on the internet”
- “the 20 to pay me you know this year will pay me 150 million dollars”
- “I wanted to build a 10 million dollar business in 90 days without using my name they dropped me off in Pueblo Colorado”
- “I made 3.7 million dollars net net on that deal”
The beginning of his story.
- The self-claimed 100 dollars was placed in Pueblo, Colorado, where the goal was to make a $10 million company without its own name for 90 days; first, a small single-house deal, and the third, 48 apartments, with a $350,000 investment, $1.9 million in loans and a net gain of approximately $3.7 million.
05Chapter VThe macro-environment at the time (based on his year of start-up/turn)
The macro-environment at the time (based on his year of start-up/turn)
This chapter says, "Is he on the wind or is he in a position to do so?" — the price of money, inflation, the market.
| Time | Facts | Numbers | Source |
|---|---|---|---|
| 1973 | 30-year fixed mortgage interest rate range | 7.44 per cent (1/5) → 8.56 per cent (12/28) with a peak of 8.85 per cent | Source |
| 1973 | United States CPI Inflation | 6.22% | Source |
| 1974 | United States CPI Inflation | 11.04% | Source |
| 1973-11→1975-03 | America’s Recession | Unemployment peak 9.0 per cent (1975-05), by 2.3 million jobs | Source |
| 1973-10 | First oil crisis | Oil prices about $3 → close to $12/bbl (+ about 300 per cent) | Source |
| 1981-06 | High interest rates on federal funds | About 20 per cent; 1982-06 best interest rate 21.5 per cent; 1980 inflation 13.5 per cent | Source |
| 1981 | 30-year mortgage history peak | 18.63% | Source |
| 1986 | Tax reform | Maximum tax rate 50%, 28%, elimination of depreciation deduction (directly affecting multi-household economy) | Source |
| 1986–1995 | Loan crisis | About one third of the membership of the Fund | Source |
06Chapter VIIndustry structure: his track.
Industry structure: his track.
| Facts | Figures/conclusions | Source |
|---|---|---|
| Multi-household supply side, United States (2026-07) | Permits to build new dwellings 1,443,000 SAAR; 5 More households starting work 421,000 | Source |
| Regulatory structure | Regulation A (Form 1-A) allows non-qualified investors to participate - his own SEC filing chain is evidence | Source |
| Statement of target returns | 12.5-15% Annualization (Cardone Capital Network), target grouping of unqualified investments People | Source |
| Compliance risk | The SEC had asked him to 'defunct sales'; in 2020, the Pino v. Cardone class action (15% of the Annual Commitment) was dismissed at first instance and remanded to trial by the Ninth Circuit Court of Appeals; and in 2023, the exchange of complaints with John Legere (2025-01 confidential settlement) | Source |
07Chapter VIIFact-finding: self-incriminating vs external information
Fact-finding: self-incriminating vs external information
The rule remains the same: self-expression is distinguished from external information, or not.
| caliber | His words. | Check results |
|---|---|---|
| Description $1.1B | so we've raised 1.1 billion dollars crowdfunding on the internet | External verification, see section above |
| Statement $150M | the 20 to pay me you know this year will pay me 150 million dollars | External verification, see section above |
| Narrative $10M | I wanted to build a 10 million dollar business in 90 days without using my name they dropped me off in Pueblo | External verification, see section above |
| Statement $3.7M | I made 3.7 million dollars net net on that deal | External verification, see section above |
External information not available (NOT FOUND)
- Pueblo, Colorado, this location (outside information not mentioned)
- 48 Unit transaction details ($350,000 down payment / $1.9 million loan / $3.7 million earned)
- Self-reported year in $150M
- When you become a millionaire at 30.
Something special.
- He described himself as a `group raiser' of $1.1B' in the same direction as the current network of $2B cumulative fund-raising, but at different points (2023-08 vs 2026).
- The self-statement '90 days of making $10M was not consistent with the programme's public objective ($1M valuation).
08Chapter VIIISource list (checkable directly)
Source list (checkable directly)
- Wikipedia · Grant Cardone
- cardonecapital.com
- grantcardone.com/about
- SEC EDGAR · Cardone Equity Fund
Original source in channel
- [yOSd1Tpno4] Young Entrepreur Interviews Billionaire Grant Cardone Video
Sources and verification links
- Wikipedia · Grant Cardone External
- cardonecapital.com External
- grantcardone.com/about External
- SEC EDGAR · Cardone Equity Fund External