Real estate guru Grant Cardone is known for his bold approaches in business. He is a believer in five primary ways to get rich: inheritance, marriage, entrepreneurship, investment, and luck.
With an empire comprising a $4.7 billion real estate portfolio and multiple companies generating hundreds of millions in revenue, Cardone's journey has become emblematic of relentless drive and business acumen. However, investors should note that his advice on wealth creation extends beyond financial strategies—he emphasises self-worth and confidence as foundational to any wealth-building journey.
In a recentinterviewwith CasperOnChain, Cardone made a unique claim. He said that there are 9,000 billionaires worldwide thatForbeshas no idea about.
'That's why they're like, "If you're not inForbes, then you're not a billionaire." There's 3,200 billionaires on the planet listed byForbes. There's probably 9,000 billionaires on Earth that own privately held companies,' Cardone said.
The investor highlighted that his healthcare company is worth between $2 billion and $3 billion, adding that he also has a consulting company in Arizona, expected to generate $140 million this year at 12x. 'That's about $1.8 billion,' Cardone stated.
In a separate interview with theIced Coffee Hourpodcast, Cardone said he is a billionaire and that if he goes public tomorrow, he'd be on theForbeslist.
Bitcoin is going through a rollercoaster ride, with prices crashing below $66,000 per token on Wednesday. Analysts are worried that prices could decline further steeply if BTC breaks the $60,000 support level.
The price action could be attributed toMichael Saylor's Strategy selling 32 BTCsfor the first time since September 2022, Mark Cuban offloading his BTC holdings, and even author Robert Kiyosaki warning against investing in cryptocurrencies and precious metals on hype.
A week of bearish news further intensified amid stalled Middle East negotiations and record spot Bitcoin ETF outflows over the past week.
However, Cardone believes that Saylor has only sold a very small fraction of his total BTC holdings, which nonetheless triggered a strong reaction in the crypto community.
Source: International Business Times UK
