Grant Cardone on His $60M Malibu Mansion Burning Down (Part 1)

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Real estate mogul Grant Cardone opened up about the partial burning of his Malibu mansion during a recent interview with VladTV. Originally purchased for $40 million, Cardone’s home was valued around $60 million before the fire. Despite suffering damage, the concrete-built house narrowly escaped total destruction, unlike 18 neighboring historic homes nearby that were lost in the blaze. Cardone pointed out the advantages of building with concrete, noting California’s older wooden structures are highly vulnerable to wildfires. Rebuilding in the area faces strict regulations and costly requirements, with foundations needing deep cement pylons that can cost millions alone. Cardone expects his mansion to be fully rebuilt by spring, boasting unobstructed ocean views and greater value than before. He’s even put the mansion on the market at $70 million or the equivalent in Bitcoin, inviting buyers to snap up a rare opportunity on Malibu’s “Millionaire Beach.”

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