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WHY I BOUGHT A $50 MILLION JET – Grant Cardone | London Real

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Grant Cardone is a New York Times bestselling author, sales training expert, investor, and motivational speaker on the topics of leadership, real estate investing, entrepreneurship, and social media.

Originally from Louisiana, he started from nothing and now has five, privately held companies with annual revenues exceeding 150 million dollars, and a real estate portfolio of nearly One Billion Dollars.

Last year Forbes magazine named him #1, of the "25 Marketing Influencers to Watch" and he is the author of five books including Sell or Be Sold; Be Obsessed or Be Average; The 10X Rule; and If You're Not First, You're Last.

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40 comments

  1. Robert Gray

    There’s a lot of financially illiterate people in the comment section as it pertains to taxes, so here’s a lesson: Taxes are not a punishment, but an incentive for the wealthy to keep their money invested and “re-invested” to continue to make more money, create more jobs and boost the economy. That’s why Grant swayed in his mind whether he should purchase the jet or “re-invest” in apartments. By the end of the year he has to get rid of the money or pay taxes on the full $50 million (which at his tax bracket is probably somewhere near $20 million). Dame Dash who is another famous wealthy person says, “he’s always broke, he never has money, he always keeps it in the streets or in other words “re-invested”. Remember: There’s more to making money than just making money……………………………….may you one day gain the knowledge and experience to understand that.

    1. Geoffrey Manneck

      Exactly! That’s why the economy tend to do better under Democrats presidents (not talking at state level, where democrats are awful) Because they raise taxes, BUT at the same time Open lots of loopholes to keep the entrepeneur class investing.

    2. arnbassbaritone

      @Fabio Gasperini Not paying taxes while making that much money is bullshit. I’m not asking for him to be taxed at 50% but people making less than 30k a year are paying more in taxes that’s sad.

  2. Business Interests

    I’d buy it too, provided I can rent, charter or lease it whenever I’m not using so it can at least pay for its upkeep. I’d buy a $40 million yacht before I buy the jet, though, and that also if I can rent, charter or lease it whenever I’m not using it.

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