Jordan Belfort is an American businessman, former stockbroker, and motivational speaker with a net worth of -$100 million. He is best known for writing “The Wolf of Wall Street” and pleaded guilty to stock market manipulation, penny stock fraud, and other charges in 1999.
Jordan Belfort lost a lot of money as a businessman. Due to many reasons, his money is now in negative. So where did his money go and how is he living his life now? Let’s find out.
Jordan Belfort Net Worth (2024)
| Net worth: | -100 million dollars |
| Job: | Stockbroker, Motivational Speaker |
| Year old: | 62 years old |
| Nation: | USA |
| Born: | July 9, 1962 |
| Wage: | 5 million dollars |
| Last updated: | 2024 |
Jordan Belfort’s Net Worth Growth
| Net worth 2024 | $-100 Million |
| Net worth 2023 | 100 million dollars |
| Net worth 2022 | $90 million |
| Net worth 2021 | 80 million dollars |
| Net worth 2020 | 70 million dollars |
Early life
Jordan Ross Belfort was born in New York City, on July 9, 1962. His parents were accountants Max and Leah. He spent most of his childhood in Bayside, Queens. Belfort and his good friend Elliot Loewenstern made $20,000 by selling Italian ice from Styrofoam boxes to tourists.
Belfort went on to earn a bachelor’s degree in biology from American University. Belfort planned to use the money he earned from Loewenstern to go to dental school, so he enrolled in the University of Maryland School of Dentistry.
Career
Belfort tested his revenue-generating ideas when he sold meat and seafood door-to-door on Long Island. Belfort established the foundation for his strategic knowledge with a staff of many employees handling hundreds of pounds of produce over the course of that time.
Belfort’s efforts collapsed and his funds were frozen by the time he was 25, and he was bankrupt. However, he never gave up his ambition to become rich. Jordan Belfort turned his attention to the stock market in the 1980s.
Hoping to profit from the rising prices and lax regulations, Belfort landed a job as a trainee stockbroker at LF Rothschild in 1987 with the help of a family friend. Unfortunately, his tenure at LF Rothschild was short-lived, as the firm went bankrupt just a year later following a financial crisis.
Belfort believes his first day on the job coincided with “Black Monday,” the stock market crash of 1987. Belfort applied for a job at The Investors Center, a modest investment firm, where he experienced something of a shark in a pond, using his Series 7 license and certification.
Jordan Belfort, on the other hand, is not a financial advisor. He is a salesperson. He is more concerned with gaining value for himself than providing value to the clients of his new investment firm, and because Belfort really wants to be rich.
Over the next two years, Belfort rose to become the top salesperson at the Investor Center, honing his persuasive skills and sales strategies, including the “straight line” strategy, which he later covered in his novel Way of the Wolf.
Belfort honed his sales pitch and set out on his own in 1989. He founded Stratton Oakmont in New York with business partner Danny Porsche. The firm reportedly manages between $1 billion and $1.3 billion in assets.
The firm has taken more than 30 companies public through initial public offerings (IPOs). Both the investment firm and Jordan Belfort were known for their extravagance during the company’s short existence, attracting the attention of federal authorities.
Belfort and Stratton Oakmont, on the other hand, are being pursued by the National Association of Securities Dealers, whose business dealings are under scrutiny.
The National Association of Securities Dealers later expelled Stratton Oakmont from membership in December 1996 and the firm closed. Belfort decided to publish a biography explaining his life, hoping to share his story as he saw it.
Belfort’s best-selling book is titled The Wolf of Wall Street. Arresting the Wolf of Wall Street, Jordan Belfort’s second autobiographyaimed at capitalizing on his growing popularity. The film Catching the Wolf of Wall Street further increased Jordan Belfort’s popularity.
Some 40 countries have received copies of the book, which has been translated into 18 languages. Leonardo DiCaprio stars in Martin Scorsese’s film adaptation of “The Wolf of Wall Street.”
Belfort’s third best-selling novel “Way of the Wolf: Become a Master Closer with Straight Line Selling” was released after the success of Catching The Wolf. Belfort teaches people how to trade using the “straight line system” in his novel The Way of the Wolf.
Belfort promoted Way of the Wolf as a “self-help” book, in keeping with his image as a motivational speaker. In 2014, the film adaptation of his book won the Academy Award for Best Actor for Leonardo DiCaprio.
He also won the Golden Globe for Best Motion Picture that year, the BAFTA for Best Actor for Leonardo DiCaprio, and the MTV Movie and Television Awards for Movie of the Year for Leonardo DiCaprio.
Truth
- Jordan Ross Belfort made his first million dollars at just 26 years old, but he was convicted of securities fraud and money laundering just 10 years later.
- He once spent $700,000 on hotels and had sex with his wife on a $3 million bed.
- Leonardo DiCaprio plays Belfort in Martin Scorsese’s film adaptation of “The Wolf of Wall Street.”
- Belfort has significant ties to a criminal gang.
- He charges between $30,000 and $70,000 for a speech.
Official website
JordanBelfort.com is his official website where you can sign up for one of his training programs, watch video seminars, and even hire him for live motivational speaking events, which can be quite expensive.
Jordan Belfort hosts prominent entrepreneurs and investors like Grant Cardone and Tai Lopez on his popular YouTube channel and podcast. For example, in the 1990s, he believed he was justified in breaking the laws of financial regulators because so many others had done so.
It will cost you between $30,000 and $80,000 to schedule a speaking event with Belfort. His lectures have been criticized by critics of his statements about challenging financial reform, as he did in the 1990s.
Money laundering
In 1998, Belfort was charged with fraud and money laundering. He served about two years in prison after being convicted of securities fraud and money laundering. He was also ordered to repay $110 million of the $200 million he stole from more than 1,500 people.
Favorite Things
| Favorite Actor | Robert Downey Jr. |
| Favorite Actress | Don’t know |
| Favorite singer | Don’t know |
| Favorite Apps | |
| Favorite game | Do not have |
| Favorite food | Don’t know |
| Favorite song | Don’t know |
| Favorite athlete | Lionel Andrés Messi |
| Favorite movies | Don’t know |
| Favorite cricket player | Virat Kohli |
| Favorite soccer player | Lionel Andrés Messi |
| Favorite TV Show | Don’t know |
| Interest | Drive |
About
| Net worth | -100 million dollars |
| Name | Jordan Belfort |
| Year old | 62 |
| Height | (1.8 meters) |
| Weight | 80KG (Approx.) |
| Job | Motivational Speaker, Stock Broker |
| Date of birth | July 9, 1962 |
| Place of birth | USA |
| Nationality | American |
| Income | $5 million (Annual) |
| Couple | Cristina Invernizzi |
“The best way to sell something: don’t sell anything.”
– Jordan Belfort
Jordan Belfort Social Media Profile
Personal life
While running Stratton Oakmont, Jordan Belfort divorced his first wife, Denise Lombardo. As the company grew, his relationships, already strained by his need for cash, became particularly problematic.
Jordan Belfort supported and also led and embodied his company’s partying lifestyle. His drug adventures, especially with cocaine and barbiturates, soon developed into full-blown alcoholism, and his extramarital affairs became more frequent and public.
After his divorce from Denise Lombardo, Belfort went on to marry Nadine Caridi, the ‘Duchess of Bay Ridge’, an English actress and model. The couple’s two daughters, Chandler and Carter Belfort, were born.
When Jordan Belfort went to prison, they continued their troubled relationship for a long time. They did everything they could to keep their relationship happy. Jordan Belfort’s abusive behavior escalated out of control throughout their time together.
Belfort continues to try to capitalize on his fame and natural ability as a salesman and motivational speaker. Jordan’s motivational speaking career is managed by his current partner, Anne Koppe, an entrepreneur with whom he has been involved since 2008.
Notorious Ponzi schemer Bernie Madoff has been compared to Belfort. Bo Dietl, Belfort’s former security chief, said in an interview that he never saw Belfort sober while working for him and that Belfort had significant ties to the mafia.
Car collection
Jordan Belfort recently paid $90,000 for a brand new Alfa Romeo Giulia. Jordan Belfort also owns a Jaguar XE, which is valued at over $125,000. Jordan Belfort also owns a $135,000 Lexus ES, a $700,000 Ferrari Portofino, and a $3 million Bugatti Chiron.
Jordan Belfort Net Worth
As of 2024, Jordan Belfort’s net worth is estimated to be around -$100 million. He made his millions from his investment firm “Stratton Oakmont” in the 1990s. Belfort became a door-to-door meat and seafood salesman in Long Island, New York.
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