Jordan Belfort is estimated to have a net worth of $100 million. He is currently working as a motivational speaker and traversing the world as of 2022.
Jordan Joss Belfort, a motivational speaker and author from Queens, New York, is an American. His autobiography The Wolf of Wall Street is his most well-known work. In 1999, he pleaded guilty to stock-market manipulation and penny-stock fraud, as well as other offenses.
Early Life:
Jordan Belfort was born on July 9, 1962, in Queens, New York. His parents, Max and Leah, are both accountants, and he was born into a Jewish family. Belfort earned a bachelor’s degree in biology from American University.
He chose The University of Maryland School of Dentistry as his school of dentistry. He left his college after his first day because the dean of the institution told him:
“Dentistry’s golden age is finished. If you’ve come here solely to make a lot of money, you’ve come to the wrong place.”
Career:
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Belfort was born and raised in a Queens apartment, where he began his career as a salesperson selling fish and meat.
In 1987, he chose to use his selling skills in a different field, and he became a stockbroker. In the 1990s, Belfort founded his own firm, Stratton Oakmont. He became well-known for defrauding investors out of millions of dollars.
Jordan and his coworker Danny Porush used a “pump and dump” plan to make money. His brokers aided in inflating the stock prices, and Stratton Oakmont would sell off its own stock holdings at a profit.
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Belfort lived a life of luxury, as he was awash in cash. He spent his money on high-end toys, sports cars, and a home.
He began to acquire a terrible drug addiction. One of the reasons for his numerous accidents, such as crashing his helicopter into his own yacht. What a life you’ve got, huh?
His drug addiction played a role in his second marriage. Belfort began behaving erratically toward his employees. In Stratton Oakmont’s offices, horseplay, substance addiction, and sex were normal.
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In 2003, Belfort received a four-year 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 his release from prison.
He followed up his initial book with Catching The Wolf of Wall Street, which described his experiences after he was released from prison.
Today, Belfort travels the world as a motivational speaker, speaking about his path to success. He has his own business, which offers market straight line and sales training.
“I’m a wolf who became a more benevolent persona,” he explained in an interview with the Daily Mail.
Jordan Belfort’s net worth is estimated to be at $100 million as of 2022, owing to his criminal history and fines.
How Does Jordan Belfort Spend His Money?
Stratton Oakmont, Belfort’s investment firm, made millions in the 1990s. Belfort is said to have paid $14 million of the $110 million penalties.
He used to own a lot of expensive automobiles and residences. One of his previous residences is valued at $3.4 million. There were five bedrooms, a garage, a big pool, and numerous entertainment spaces in the mansion.
Belfort purchased a luxurious yacht that had formerly been owned by Coco Chanel. A kit-built airplane, which he used to keep aboard his boat back in the day, is one of his most expensive purchases.
Highlights:
Here are some of the best highlights of Jordan Belfort’s career:
Autobiographies
- The Wolf of Wall Street (2007)
- Catching the Wolf of Wall Street (2009)
- Way of The Wolf: Master the Art of Persuasion, Influence, and Success. (2017)
Filmography: The Wolf of Wolf Street, Awards, and Nominations
- Academy Awards USA (Best Performance by an Actor leading role, Leonardo DiCaprio, 2014)
- Golden Globes (Best Motion Picture, 2014)
- BAFTA Awards (Best Leading Actor, Leonardo DiCaprio, 2014)
- MTV Movie and Tv Awards (Movie of The Year, 2014)
Jordan Belfort’s 3 Success Lessons:
Now that you know everything there is to know about Jordan Belfort’s net worth and how he made his fortune, let’s look at some of the lessons we can learn from him:
1. Act Like A Wolf
In the real world, the most deserving people get the best jobs. Be a wolf if you’re hungry. It’s a dog-eat-dog world out there.
2. Don’t just talk about it; actually, do something about it.
Instead of talking about it, demonstrate it to everyone around you by your actions in life and make it happen. You must program your mind to be wealthy if you want to be wealthy.
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3. It’s All About Perception
Always put on the appropriate attire. It’s all about the presentation, and how you portray yourself reflects on your work ethic and reputation.
Summary:
Jordan Belfort, dubbed “The Wolf of Wall Street,” amassed a fortune through his investment firm Stratton Oakmont. He got into a lot of legal difficulties, which resulted in four years in prison and a $110 million fine.
As of 2022, Jordan Belfort’s net worth is expected to be around $100 million. He is currently 59 years old and travels the world as a motivational speaker.