Finance & Budgeting
Jordan Belfort Net Worth 2024: A Look at the Wolf Of Wall Street
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Learn about Jordan Belfort’s network, his life, history and how he parks his money.
Jordan Belfort Net Worth
Jordan Belfort, former stockbroker and founder of the now defunct Stratton Oakmont, Inc., has a net worth of $100 million.
After Belfort’s company was shut down in 1997 due to illegal activities on the part of its employees, he was charged with securities fraud and money laundering. He served 22 months in federal prison and was ordered to pay back $110 million in restitution.
Despite his legal troubles, Belfort has managed to make a fortune thanks to his best-selling memoirs “The Wolf of Wall Street” and “Catching the Wolf of Wall Street.” The film adaptation of “The Wolf of Wall Street,” which starred Leonardo DiCaprio as Belfort, earned over $392 million at the box office.
Belfort has also been involved in a number of other business ventures, including a speaking tour and real estate investments.
Jordan Ross Belfort: Key Facts
- Jordan Belfort was born in 1962.
- Jordan Belfort founded Stratton Oakmont, an OTC brokerage house, in the late 1980s.
- With his first Wall Street bonus, Jordan Belfort purchased a white Ferrari.
- He once amassed a $700,000 hotel bill.
- At his peak, Jordan Belfort made $50 million in a single year.
- In a Mediterranean storm, he sank a 167-foot yacht.
- It is estimated that his financial scams bilked investors out of $200 million.
- The court ordered Jordan Belfort to pay $110 million in restitution.
- The book The Wolf of Wall Street, which was released in 2007 and is based on his prison memoir with the same title, has been adapted into a film featuring Leonardo DiCaprio and Margot Robbie. The book’s sequel, also called Catching the Wolf of Wall Street, came out two years later in 2009.
- Jordan Belfort is now a motivational speaker and the owner of a company that provides sales training and marketing techniques to businesses.
Early Life: Jordan Belfort Beginnings
Belfort was born in 1962 in the Bronx borough of New York City to Jewish parents. His father Max and his mother Leah were both accountants and raised him in Bayside, Queens. Belfort and his close childhood friend Elliot Loewenstern earned $20,000 selling Italian ice from styrofoam coolers to people at a local beach before he completed high school.
Belfort intended to use the money earned with Loewenstern to pay for dental school, but he left after the dean of the school said to him on his first day: “The golden age of dentistry is over. If you’re here simply because you’re looking to make money, you’re in the wrong place.”
Jordan Belfort’s Career
Belfort became a door-to-door meat and seafood salesman on Long Island, New York. He reports that when he started, the business was prosperous; in a short amount of time, he employed multiple workers and was selling 5,000 pounds of beef and fish per week. At 25, he went bankrupt as a result of his business’s failure.
He found a job at L.F. Rothschild as a trainee stockbroker. However, he was laid off after the 1987 Black Monday stock market crash. This didn’t stop Belfort, who was hooked on making money like the more senior stockbrokers. In the late 1980s, he worked for a few financial firms, learning all he could.
Stratton Oakmont
Jordan Belfort founded the Stratton Oakmont firm in 1989, with the help of his partner Danny Porush. The company was a brokerage firm located on Long Island, New York. Belfort and his employees were engaged in illegal activities, such as money laundering and stock manipulation.
The firm used a high-pressure sales tactic called “boiler room” to sell penny stocks, and many of its employees became very wealthy. The Securities and Exchange Commission (SEC) began investigating Stratton Oakmont in 1989, and in 1996, indicted Belfort and Stratton Oakmont for securities fraud.
Belfort served 22 months in prison. Since then, he has written a memoir about his experience, entitled The Wolf of Wall Street. He has also been the subject of a major motion picture by the same name.
Interested in what makes a good sales person? Check out our piece of top traits in successful sales people
The wolf of wall street’s Assets
Jordan Belfort owns 12 real estate properties, 3 yachts, and 9 cars. He also has a cash reserve of over $32 million and an investment portfolio of 8 stocks that are worth $15 million.
Some of Jordan Belfort’s cars are:
- Lexus ES worth $135,000 USD
- Ferrari Portofino worth $700,000 USD
- Bugatti Chiron worth $3 Million USD
- Alfa Romeo Giulia worth $90,000 USD
- Jaguar XE worth $125,000 USD
Jordan Belfort resides in a 10,000-square-foot mansion on New York’s East End. This house was purchased by Jordan Belfort for $27 million USD.
Jordan Belfort’s Best Quotes
- Playing it safe and taking no risks is a shortcut to poverty.
2. If you give people a good enough ‘why’, they will always figure out the ‘how’.
3. The only thing standing between you and your dream is the bullish!t story you keep telling yourself as to why you can’t achieve it.
4. Create a vision that makes you wanna jump out of bed in the morning.
5. The easiest way to make money is to create something of such value that everybody wants and go out and give and create value, the money comes automatically.
6. Without action, the best intentions in the world are nothing more than that: intentions.
7. Don’t follow the path. Blaze the trail.
8. Everything that has happened to you up to this point is irrelevant. It’s your past.
9. I want you to back yourself into a corner. Give yourself no choice but to succeed. Let the consequences of failure become so dire and so unthinkable that you’ll have no choice but to do whatever it takes to succeed.
10. Successful people are 100% convinced that they are masters of their own destiny, they’re not creatures of circumstance, they create a circumstance if the circumstances around them suck they change them.
Related reading: The 48 Laws of Power
Jordan Belfort’s Best Books
If you’re looking for an engrossing, no-holds-barred account of life in the financial world, look no further than Jordan Belfort’s books. Belfort spent years working as a stockbroker on Wall Street, and his books offer a fascinating insight into the world of high finance.
“The Wolf of Wall Street” is perhaps his best-known book, and it chronicles Belfort’s outlandish exploits with unchecked greedy abandon.
However, Belfort’s other books are also well worth reading. “Catching the Wolf of Wall Street” charts Belfort’s downfall from his perspective, and “Straight Line Persuasion” is a practical guide to sales and marketing strategies. No matter which book you choose, you’re guaranteed an entertaining read.
The Wolf of Wall Street
Jordan Belfort’s memoir, ‘The Wolf of Wall Street’, chronicles his incredible rise to success as one of the most successful stockbrokers on Wall Street. It is an intoxicating and fascinating read, both for its insights into the world of high finance and for its behind-the-scenes look at the hedonistic lifestyle of the rich and famous. While Belfort’s antics are often outrageous, there is no denying that he is a smart and talented individual. ‘The Wolf of Wall Street’ is a fast-paced and entertaining read that provides a unique perspective on the American dream.
Catching the Wolf of Wall Street
Jordan Belfort’s memoir, “Catching the Wolf of Wall Street,” is a cautionary tale of excess and greed. Belfort chronicles his rise to power as a ruthless stockbroker on Wall Street in the 1980s, and his fall from grace after being convicted of securities fraud. The book is a fascinating behind-the-scenes look at the world of high finance, and Belfort’s unflinching honesty makes for a surprisingly engrossing read. However, the book is also quite graphic in its descriptions of sex and drug use, and some readers may find it offensive. Overall, “Catching the Wolf of Wall Street” is a candid and fascinating memoir that is sure to appeal to fans of financial thrillers.
Way of the Wolf: Straight Line Selling
Way of the Wolf: Straight Line Selling is a book that provides valuable insight into the world of sales. Author Jordan Belfort draws on his own experience in the industry to provide readers with a step-by-step guide to becoming a top salesperson. The book is full of practical advice, such as how to build rapport with potential customers and close a deal. Belfort’s writing style is engaging and easy to read, making it a great choice for anyone interested in learning more about sales.
Related: Tim Ferriss Net Worth: Life of the Self-Made Millionaire
Frequently Asked Questions
How tall is Jordan Belfort?
Jordan Belfort’s height is 5 ft 7 in or 1.70 m.
How did Jordan Belfort get rich?
Jordon Belfort has run an Investment company that made millions in penny stocks.
How much is Jordan Belfort worth?
Jordan Belfort’s net worth is $100 Million.
is Jordan Belfort still rich?
Yes, Jordan is worth $100 million and owns cars, property and businesses.
What is Jordan Belfort’s net worth peak?
At the height of his career, he was said to be worth tens of millions of dollars, but it is not clear exactly how much he was worth at his peak.
Belfort has written about his experiences as a stockbroker and his eventual downfall in his memoir, “The Wolf of Wall Street,” which was made into a popular film. However, he has not publicly disclosed his net worth or financial details.
Did Jordan Belfort’s yacht sink?
In an Atlantic storm in 1992, Jordon Belfort’s yacht met its end near the coast of France.
Who is Jordon Belfort’s wife?
Jordan Belfort’s wife is Cristina Invernizzi.
How many children does Jordan Belfort have?
Jordan Belfort has two children, a son named Carter Belfort and a daughter named Chandler Belfort.
Was Jordan Belfort’s wife called Naomi?
No, Jordan Belfort’s wife was not named Naomi. Margot Robbie played the character of Naomi Lapaglia in the film “The Wolf of Wall Street,” but the character was not intended to be a true-to-life portrayal of Jordan Belfort’s first wife.
Belfort’s first wife was Denise Lombardo. His second wife, Nadine Caridi, now goes by Nadine Macaluso. She met Belfort at the end of the 1980s, when he was still married to his first wife.
Where is Jordan Belfort now?
Jordan Belfort is now a motivational speaker and author. He gives speeches and seminars about success, business, and ethics, and has written several books about his experiences as a stockbroker and his time in prison.
He thinks his life is a good example of how someone can change and be successful even after making mistakes.
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