The Wife Of A Controversial Influencer Is Hosting A Fundraiser For Kari Lake
HuffPost
Elena Cardone, the wife of get-rich-quick guru Grant Cardone, is helping raise money for the election-denying Arizona Republican.
Arizona Republican Kari Lake, the likely GOP nominee for Senate in Arizona, is headlining a campaign fundraiser hosted by the wife of controversial “finfluencer” Grant Cardone this month in Texas.
Elena Cardone is the longtime spouse of Grant Cardone, who oversees a real estate investment empire he claims is worth billions. Grant Cardone and the firm he founded, Cardone Capital, have faced scrutiny and a string of lawsuits over the alleged exploitation of renters and accusations that Cardone — who has 7 million Facebook followers and millions who follow him on other social media platforms — overhyped his investment fund and lured followers into expensive contracts for his programs.
HuffPost reported, in a lengthy investigation in July, that “court records from lawsuits involving Grant Cardone’s training programs include claims from former clients who say they were trapped into lengthy, inflexible contracts that they were unable to pay for or get out of.” But none of the legal cases so far appear to have resulted in a determination of wrongdoing against Cardone Capital.
It’s not clear what Elena Cardone’s role in the business entails, though her website says that she and her husband “together … have created a real estate portfolio worth $5.2 billion.” She has her own big following online, where she claims to “build women so they can build an empire.”
Elena Cardone is listed as one of a dozen hosts of the Feb. 15 fundraiser for Lake in Round Rock, Texas, according to a copy of the invite obtained by HuffPost. It costs $1,000 just to get in the door and $13,200 per couple to become a “leadership committee” co-chair.
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