What is the Fortune of Jordan Belfort? Update Inside

What is the Fortune of Jordan Belfort? Update Inside
Source: Pinterest
  • Jordan Belfort has a -$100 million Net Worth who is an American entrepreneur, former stockbroker, and motivational speaker.
  • Jordan Belfort was sentenced to pay $110 million in reparations, with the terms requiring him to pay half of his earnings against the debt.
  • He has paid up $13 million of the $110 million he owed in restitution.

What is Jordan Belfort’s Net Worth ?

Jordan Belfort’s Net Worth :

-$100 Million

Age:60
Born:July 9, 1962
Gender:Male
Height:1.70 m (5 ft 7 in)
Country of Origin:United States of America
Source of Wealth:Entrepreneur
Last Updated:November 16, 2022

Who is Jordan Belfort?

Jordan Belfort’s Net Worth is projected to be around -$100 million as of November 2022, and he is presently working as a motivational speaker across the world.

Jordan Joss Belfort is a New York-based motivational speaker and author. His autobiography, The Wolf of Wall Street, is his most well-known work. He pleaded convicted to fraud and associated charges including stock market manipulation and penny stock scams in 1999.

Important Facts about Jordan Belfort

  • Jordan Belfort was a stockbroker in the 1990s. In the late 1980s, he founded Stratton Oakmont, an OTC brokerage house.
  • In 1998, Jordan Belfort and his associate were arrested for money laundering, as well as securities fraud. The following year, he pleaded guilty to crimes related to stock manipulation – in 2003, he was sentenced to four years in prison but served only 22 months.
  • His negative Net Worth is a result of a fine that he was ordered to pay – over $110 million. However, at the moment of writing this, he allegedly only paid around $14 million of the total amount.
  • The movie The Wolf of Wall Street featuring Leonardo DiCaprio and Margot Robbie is based on his memoir with the same title that he wrote while he was in prison and that was published in 2007. The sequel to the book, called Catching the Wolf of Wall Street was released two years later, in 2009.
  • His third book, Way of the Wolf, was published in 2017.
  • Currently, Jordan Belfort works as a motivational speaker and runs his own company, teaching marketing techniques and providing sales training to businesses.

Early Life

Jordan Belfort was born in Queens, New York on July 9, 1962. 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. He left his college after his first day because the dean of the school told him:

“The golden age of dentistry is over. If you’re here simply because you’re looking to make a lot of money, you’re in the wrong place.” 

Career, Net Worth

Belfort grew up in a Queens flat, where he began his sales career by selling seafood and meat.

In 1987, he chose to apply his selling skills to a different line of work and 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 laundered money through a “pump and dump” operation. His brokers assisted in inflating the stock values, and Stratton Oakmont would sell its own interests in these stocks at a profit.

Belfort enjoyed a lavish lifestyle thanks to his fortune. He spent his money on fancy toys, sports cars, and a home.

He began to acquire a terrible drug addiction. One of the reasons he was engaged in a number of incidents, including crashing his helicopter into his own yacht. What a life you lead, eh?

His drug addiction played a role in his second marriage. Belfort began to act recklessly against his employees. In Stratton Oakmont’s offices, horseplay, substance addiction, and sex were the normal.

In 2003, Belfort was convicted of four years in prison and fined $110 million. He was imprisoned for 22 months. One of Belfort’s cellmates pushed him to write about his experiences. He wrote his memoir The Wolf of Wall Street after his time in prison.

He followed up his initial novel with Catching The Wolf of Wall Street, which described his life after prison.

Today, Belfort travels the world as a motivational speaker, sharing his story of triumph. He owns his own business that offers market straight-line training 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 -$100 million as of November 2022, owing to his criminal history and fines.

How Does Jordan Belfort Spend His Money?

In the 1990s, Belfort acquired a fortune through his investment firm, Stratton Oakmont. Belfort is said to have paid $14 million of the $110 million fine levied against him.

He used to own a lot of expensive automobiles and residences. One of his previous residences is valued $3.4 million. The mansion has five bedrooms, a garage, a big pool, and other leisure areas.

Belfort purchased a luxurious yacht that was once owned by Coco Chanel. One of his most expensive purchases is a kit-built airplane that he formerly had aboard his yacht.

Jordan Belfort's Net Worth
Jordan Belfort’s Net Worth (Source: Pinterest )

Highlighted Career of Jordan Belfort

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)

Frequently Asked Questions

How much is Jordan Belfort worth?

Jordan Belfort’s Net Worth is estimated to be -$100 Million.

How old is Jordan Belfort?

Jordan Belfort was born on July 9, 1962, and is currently 60 years old.

How tall is Jordan Belfort?

Jordan Belfort’s height is 1.70 m, which is equal to 5 ft 7 in.

Summary

Jordan Belfort, dubbed “The Wolf of Wall Street,” made a fortune through his investment firm Stratton Oakmont. He got into a lot of difficulties with the law, 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 59 years old and works as a motivational speaker all over the world.

Full Bio and Net Worth of Jordan Belfort

Jordan Belfort is an American author, entrepreneur, and motivational speaker. He is popular for the memoir The Wolf of Wall Street which was later adapted into a film with the same name. Readmore..