Jordan Belfort Net Worth

How much is Jordan Belfort worth?

Introduction

As of September 2023, Jordan Belfort’s estimated net worth is approximately -$100 Million. Presently, he is journeying across the globe, engaged in the role of a motivational speaker.

Jordan Joss Belfort hails from Queens, New York, and is a renowned American motivational speaker and author. His notable work includes the autobiography titled The Wolf of Wall Street. However, in 1999, he admitted his culpability in engaging in fraudulent activities, including stock-market manipulation and a penny-stock scam.

Jordan Belfort – Key Facts

• Stratton Oakmont, an OTC brokerage house, was founded by Jordan Belfort in the late 1980s. He later became a prominent stockbroker in the 1990s.
• Jordan Belfort and his associate faced charges of money laundering and securities fraud in 1998, leading to their arrest. Belfort admitted guilt in 1999 for engaging in stock manipulation activities and in 2003, he received a four-year prison sentence, though he served only 22 months.
• He currently has a negative net worth due to a fine of over $110 million that he was required to pay. However, it is alleged that he has only paid approximately $14 million of the full sum as of the time of writing.
• Leonardo DiCaprio and Margot Robbie star in the film adaptation of his memoir, also titled The Wolf of Wall Street, which he penned during his prison stint and published in 2007. Two years later, in 2009, the sequel to the book, titled Catching the Wolf of Wall Street, was released.
• In 2017, his third book, titled Way of the Wolf, was published.
• At present, Jordan Belfort is employed as a motivational speaker and operates his own company, where he imparts marketing strategies and offers sales training services to businesses.

Early Life

On July 9, 1962, Jordan Belfort entered this world in Queens, New York. He hails from a Jewish background, with his parents Max and Leah working as accountants. Belfort successfully completed his bachelor’s degree in biology at American University.

Upon completing his first day at The University of Maryland School of Dentistry, he made the decision to withdraw from the institution following a conversation with the dean.

“The era of flourishing dentistry has come to an end. If your sole motivation is to amass wealth, then this is not the appropriate field for you.”

Career

Belfort’s upbringing took place in a Queens apartment, where he embarked on his sales career at a young age, specializing in the trade of seafood and meat.

In 1987, he chose to redirect his selling prowess towards a new career path, ultimately embracing the role of a stockbroker. Taking a step further, Belfort established his very own company, Stratton Oakmont, during the 1990s. It was during this period that he gained notoriety for his involvement in deceiving investors and amassing millions of dollars through fraudulent means.

Jordan and his business associate, Danny Porush, amassed a considerable amount of wealth through a fraudulent practice known as the “pump and dump” scheme. With the assistance of their brokers, they artificially increased the prices of certain stocks, allowing Stratton Oakmont to sell off their own holdings at a lucrative profit.

Belfort reveled in his opulent existence, surrounded by abundant wealth. He indulged in extravagant purchases like lavish toys, sleek sports cars, and an exquisite mansion.

He began to cultivate a severe addiction to drugs, which contributed to multiple accidents, such as crashing his helicopter into his own yacht. What a life, huh?

His second marriage was affected by his drug addiction. Belfort began to exhibit reckless behavior towards his employees, with horseplay, substance abuse, and sexual activities becoming commonplace in the offices of Stratton Oakmont.

In 2003, Belfort received a prison sentence of four years accompanied by a $110 million fine. However, he only served 22 months behind bars. During his time incarcerated, one of his fellow inmates urged Belfort to document his encounters. Following his release, Belfort went on to publish his memoir titled “The Wolf of Wall Street,” detailing his life during and after prison.

Shortly after releasing his debut book, he followed up with the publication of Catching The Wolf of Wall Street, a compelling account of his post-prison experiences.

Presently, Belfort is engaged in a global career as a motivational speaker, sharing his personal journey towards achieving success. Additionally, he manages his own company that offers market straight line training and sales training.

During an interview with the Daily Mail, he elucidated, “I have transformed from a wolf into a more compassionate being.”

As of September 2023, Jordan Belfort has an estimated net worth of approximately negative $100 million, primarily attributed to his involvement in criminal activities and subsequent financial penalties.

How Does Jordan Belfort Spend His Money?

During the 1990s, Belfort accumulated a fortune by means of his investment firm, Stratton Oakmont. As per reports, Belfort has settled a total of $14 million out of the $110 million fine imposed upon him.

In his previous years, he had possessed numerous luxurious cars and mansions. Among his former properties, there was an exquisite mansion valued at $3.4 million. This remarkable residence boasted five bedrooms, a spacious garage, a magnificent pool, and various entertainment rooms.

Belfort acquired a luxury yacht previously owned by Coco Chanel, along with a kit-built airplane that he once housed on board during earlier times. This airplane stands as one of his most extravagant acquisitions.

Highlights

These are a few standout moments from Jordan Belfort’s illustrious career:

Autobiographies

• The Wolf of Wall Street, released in 2007.
• The Wolf of Wall Street (2009) captured
• Master the Art of Persuasion, Influence, and Success with Way of The Wolf (2017).

Filmography: The Wolf of Wolf Street, Awards, and Nominations

• Leonardo DiCaprio received the Best Performance by an Actor in a Leading Role at the Academy Awards in 2014.
• The winner of the Best Motion Picture category at the 2014 Golden Globes was…
• In 2014, Leonardo DiCaprio won the BAFTA Award for Best Leading Actor.
• The recipient of the prestigious MTV Movie and TV Awards’ Movie of the Year accolade in 2014 was…

Favorite Quotes from Jordan Belfort

To attain wealth, it is crucial to maintain unwavering determination. Many individuals tend to surrender in their pursuit, but by persisting, you will surpass the majority. Moreover, persistence enables continuous learning. Although failures may occur during your endeavors, it does not imply you are a failure, but rather a sign that you have not acquired enough knowledge. Approach each attempt differently, and eventually, you will achieve success. Embrace failure as a companion on your journey.

Jordan Belfort states that truly successful individuals possess unwavering certainty in their ability to control their own fate. They do not allow themselves to be dictated by external factors; instead, they have the power to shape their circumstances. Even in the face of unfavorable situations, successful people proactively take charge and transform their environment.

“I urge you to put yourself in a position where success is the only option. Make the potential consequences of failure incredibly severe and unimaginable, forcing yourself to do everything necessary to achieve success.” – Jordan Belfort

By adhering to low standards in life, you inadvertently harm all those who come into contact with you, particularly the ones you hold dear. – Jordan Belfort

According to Jordan Belfort, the simplest method to earn money is by developing something highly valuable that is in demand by everyone. By actively providing and creating value to others, the money will naturally flow in.

Check out our extensive compilation of the top Jordan Belfort quotes!

3 Success Lessons from Jordan Belfort

After gaining knowledge about Jordan Belfort’s net worth and his path to success, it’s time to explore the valuable lessons we can derive from his experiences.

1. Be A Wolf

In reality, opportunities are limited to the most determined individuals. Embrace your ambition, be a predator. The world truly operates on survival of the fittest.

2. Don’t Just Talk About It, Be About It.

Actions speak louder than words, so instead of merely talking, demonstrate through your actions to those around you and manifest your desires in life. If wealth is what you seek, condition your mind to embrace abundance.

3. Perception Is Everything

Dressing appropriately is crucial. Your appearance speaks volumes about your professionalism and how you are perceived in terms of work ethic and reputation.

Frequently Asked Questions

How much is Jordan Belfort worth?

Jordan Belfort’s net worth is believed to be a staggering negative $100 million.

How old is Jordan Belfort?

Born on July 9, 1962, Jordan Belfort, now 61 years old.

How tall is Jordan Belfort?

Jordan Belfort stands at a height of 1.70 m, which is equivalent to 5 ft 7 in.

Summary

“The Wolf of Wall Street,” Jordan Belfort, amassed a fortune through his investment firm, Stratton Oakmont. However, his financial success was marred by significant legal troubles resulting in a four-year prison sentence and a hefty fine of $110 million.

As of 2022, Jordan Belfort, aged 59, has an estimated net worth of approximately -$100 Million. He is currently engaged in a profession as a motivational speaker, delivering inspirational talks globally.

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