In an exclusive, tell-all episode of Hotboxin’ with Mike Tyson, the boxing legend played host to Grant Cardone, the CEO behind CardoneCapital. Grant Cardone, is not only the mastermind behind CardoneCapital but also the owner of seven private enterprises and various assets exceeding $4 Billion in value. Though Cardone’s life was not an easy one. Having lost not only his father but his house and sense of security at the age of 10, Grant’s story is that of rags to riches.

Despite his current status as the leader of a multi-billion-dollar empire, it’s noteworthy that this globally respected entrepreneur was once entrenched in profound poverty. Cardone’s life took a pivotal turn when he was just a 10-year-old boy.

Mike Tyson finds out that Grant was a drug Dealer at 15

At the age of 10, Grant Cardone witnessed his mother’s struggle with fear and hardship. A scene etched into his memory. Just after losing his father, Grant’s mother had to make the difficult decision of selling their family home. Understandably they had lost the sole breadwinner of the family. “I was watching my mom just struggle when my mom should have been in grief she was in fear.”

This moment became the catalyst for his unwavering resolve to overcome adversity and shield his loved ones from life’s harsh realities. He made a firm commitment to accumulate wealth and financial knowledge, believing these to be the keys to a brighter future.

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From ages 10 to 15, Cardone aimed to amass wealth to support himself, his mother, and siblings, showcasing remarkable financial acumen.

Yet, obstacles littered his path. Grant Cardone faced adversity head-on, learning invaluable life lessons. He battled with drug addiction from the early age of 15, temporarily rendering him off course. Consequently, he started dealing drugs as a means to make money. He quickly veneered into the depths of addictions. “ For the next 10 years every day for the next 10 years I was I went from being a good middle-class kid, good grades good kid.  People like me, to being beat up every weekend.”

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He realized that he had to fight for success; it wasn’t handed to him. Reflecting on his challenging upbringing, Cardone acknowledged that his life would have been drastically different if his father were still alive.

Grant Learns a Valuable Lesson

Needless to say, it makes sense that after their family patriarch died in an attempt to secure their future, his mother swiftly sold their home. Although struggled to retain the funds due to urgent housing needs. This experience highlighted the complex nature of real estate, often overlooked amidst the dream of homeownership. Grant emphasized that houses, perceived as assets, can quickly become financial burdens. The family’s story serves as a reminder that real estate transactions require careful planning to avoid perpetuating financial instability.” The truth is the day he died. Thursday he died my mom was selling the house on Monday. 4 days later she’s dumping stuff doesn’t know where money is going to come from.”

He also mentioned that his mother had babied him too much. The adversity he faced taught him independence and resilience, shaping the foundation of his remarkable success.

In the realm of business, Cardone emerged as a formidable figure. His journey, from a resolute 10-year-old to a billionaire CEO, has served as a beacon of inspiration for many. It stands as a testament to the transformative power of resilience. Importantly the unyielding spirit of those who dare to dream. Grant Cardone’s story offers hope to individuals who, like him, have faced adversity, poverty, and loss.

Let us know what you think of Grant Cardone’s Rags to Riches story in the comments below!

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