CEO, real estate investor says Democratic Party he grew up with no longer about regular people: All a 'sham'

A prominent and outspoken name in the real estate industry is reacting to President Biden no longer seeking re-election, claiming the Democratic Party isn’t what it used to be.

"The Democratic Party I grew up being part of is no longer about regular people. Now we know it’s all been a sham," entrepreneur and Cardone Capital CEO Grant Cardone told Fox News Digital just one day after Biden’s announcement.

"First thing I thought when I heard Biden would not run was, ‘We’ve been lied to for over four years,’" he continued.