Jordan Belfort Net Worth: How Much Did Jordan Make From the Wolf of Wall Street?
American businessman, author, speaker, and former stockbroker Jordan Ross Belfort also committed financial crimes. He entered a guilty plea to fraud and associated charges in 1999 in connection with manipulating the stock market and operating a boiler room as part of a penny stock scheme.
As part of an arrangement, Belfort served 22 months in prison in exchange for providing testimony against numerous associates and employees who participated in his fraud operation. He wrote the biography The Wolf of Wall Street in 2007, and Leonardo DiCaprio portrayed him in Martin Scorsese’s 2013 film adaptation of the same name.
Jordan Ross Belfort was born on July 9, 1962, in The Bronx, New York. He grew up in a Jewish family in Bayside, Queens. During the summer between high school and college, Belfort and a close friend made $20,000 selling Italian ice from coolers to people on the beach.
Biology was his major at American University, where he got his degree. He went to the University of Maryland School to become a dentist. He stopped going to school after the first day when a teacher told him that being a dentist wasn’t a good way to get rich.
How Much Does Jordan Belfort Have?
According to Celebrity Net Worth, Jordan Belfort is a former stockbroker and author who has been convicted of a felony. At the time this was written, Jordan Belfort had a negative net worth of $100 million. Between 1989 and 1996, Jordan was in charge of the financial company Stratton Oakmont, which ran “pump-and-dump” schemes that scammed innocent people out of hundreds of millions of dollars.
In 2007, Jordan’s autobiography, called “The Wolf of Wall Street,” came out. It was made into a movie of the same name, with Leonardo DiCaprio and Martin Scorsese in the lead roles. In 2013, the movie came out. The movie “Boiler Room,” which came out in 2000, was loosely based on Belfort and his old business, Stratton Oakmont.
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Belfort was raised in a Queens apartment, where he also began his sales career by hawking meat and fish. In 1987, he chose to use his sales abilities in a different industry and became a stockbroker. In the 1990s, Belfort founded Stratton Oakmont, his own business. He gained notoriety for defrauding investors of millions of dollars.
Jordan used a “pump and dump” strategy with his coworker Danny Porush to launder money. The prices of the stocks were inflated by his brokers, and Stratton Oakmont afterward sold its own shares in these stocks for a profit. Belfort had plenty of money and had a lavish lifestyle. He purchased a home, sports vehicles, and pricey toys.
He began to get heavily dependent on drugs. He was at fault for multiple mishaps, including one in which his helicopter collided with his own yacht. His second marriage was influenced by his drug use. Belfort started acting irrationally against his employees. The workplace culture at Stratton Oakmont was one of sex, substance addiction, and horseplay.
In 2003, Belfort was given a four-year prison term and a $110 million fine. He was imprisoned for 22 months. Belfort was inspired to write about his experiences by one of his cellmates. He wrote his memoir, The Wolf of Wall Street, after spending his entire life in prison.
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Catching The Wolf of Wall Street, which described his life after prison, was published soon after his first book. Today, Belfort travels the globe as a motivational speaker, sharing his story of triumph. He runs his own business that offers sales and market-straight-line training.
Assets and Investments of Jordan Belfort
Jordan Belfort has 12 houses, 9 cars, and 3 luxury yachts that he owns. Jordan Belfort’s list of assets also includes more than $32 million in cash. Jordan Belfort also owns 8 stocks that are worth $15 Million and make up his investment portfolio.
Jordan Belfort recently spent $90,000 USD to buy a brand-new Alfa Romeo Giulia. Jordan Belfort also owns a Jaguar XE that is worth more than $125,000 USD. Here are a few more cars that Jordan Belfort owns, along with how much they cost. Here are some of the stocks that Jordan Belfort owns.
- General Motors
During his time at Stratton, Belfort lived a luxurious life and hosted many parties. He also used drugs for fun, especially methaqualone, which is also called quaaludes. During the time that Belfort ran Stratton Oakmont, he and his first wife, Denise Lombardo, split up. From 1985 to 1991, they were married.
Tommy Chong was his cellmate in prison, and he was the one who told Belfort to write “The Wolf of Wall Street.” In 1991, he married Nadine Caridi, a model who was born in Britain. At a party, they met. Together, they had two kids, Chandler and Carter. They broke up in 2005 after she accused him of domestic violence that was probably caused by drugs.
Frequently Asked Questions
How Much Did Jordan Belfort Have When He Was at His Most Wealthy?
In 2007, Jordan Belfort wrote a book called The Wolf of Wall Street, which was made into a movie with the same name in 2013. Jordon Belfort was born in 1962 to Jewish parents in the Bronx borough of New York City. At his highest point, Jordon Belfort had a net worth of more than $2 billion.
Did Jordan Belfort’s Yacht Sink?
Nadine finally went down just 20 miles from the coast of Sardinia at dawn in more than 1000m of water. Everyone was taken away by helicopter, and no one was hurt.
How Much Did Jordan Belfort Make From the Wolf of Wall Street?
Documents from the government show that Red Granite Productions paid $1.045 million for the rights to make a movie of The Wolf of Wall Street. Belfort got $940,500 of that amount. Belfort also got $250,000 when Scorsese started filming the movie, and he got another $250,000 when the movie came out in theatres last month.