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Majority of U.S. millionaires are self-made, Grant Cardone notes

Majority of U.S. millionaires are self-made, Grant Cardone notes
Record self-made millionaires in U.S.

Grant Cardone, CEO / Founder at Cardone Enterprises and Cardone Capital, observes that the U.S. is on track to create a record number of first-generation millionaires this year.

Cardone highlights that around 79% of U.S. millionaires are self-made, with only about 3% having inherited $1 million or more. He emphasizes that the majority have built wealth through disciplined work.

Cardone has previously outlined how his largest real estate investment gains occurred during periods when debt was rising and supply was falling, factors he notes are both present in the current market cycle (see article). He also revealed that Cardone Capital recently acquired 40 BTC at $76,500 to address price and replacement considerations within its asset portfolio (see article). These moves reflect Cardone's ongoing focus on strategic investment decisions across real estate and digital assets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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