Jordan Belfort

Jordan Belfort (born July 9, 1962) is an American author and motivational speaker who was convicted of crimes related to stock market manipulation and running a boiler room for which he spent 22 months in jail.

Life and career[edit]

Belfort was born into a New York family and was the son of Leah and Max Belfort, who were accountants.

In the 1990s, he founded brokerage firm Stratton Oakmont which functioned as a boiler room, and developed a hard-partying lifestyle, which included a serious drug addiction (Quaaludes). The firm also served as inspiration for the 2000 film Boiler Room. Stratton Oakmont employed over 1000 stockbrokers and was involved in stock issues totaling more than $1 billion, including an equity raising for footwear company Steve Madden Ltd.

Belfort was the final owner of luxury yacht the Nadine (renamed after his second wife, a British-born model) originally built for Coco Chanel. In June 1997, it sank off the east coast of Sardinia. The Italian Special Forces were called to rescue all aboard the vessel. Belfort has said he insisted on sailing out in high winds against the advice of his captain, resulting in the vessel's sinking when waves smashed the foredeck hatch.

Alabama Securities Commissioner Joseph Borg pushed the formation of a multi-state task force which led to the prosecution of Stratton Oakmont after his office was inundated with complaints regarding the brokerage.[10]

Belfort was indicted in 1998 for securities fraud and money laundering. After cooperating with the FBI, he served twenty-two months in federal prison for a pump and dump scheme, which resulted in investor losses of approximately $200 million. Belfort was ordered to pay back $100 million that he took from stock brokers.[11]

Reportedly sober since 1998, Belfort's two bestselling memoirs, The Wolf of Wall Street and Catching the Wolf of Wall Street, have been published in approximately forty countries and translated into eighteen languages. His life story is currently being turned into a motion picture by Red Granite Pictures, with Leonardo DiCaprio, Jonah Hill among others set to star and Martin Scorsese set to direct. Filming began in August 2012.[12] He has toured internationally as a motivational speaker. Belfort currently resides in Los Angeles.[13]

References[edit]
  1. ^ a b c d e f Tom Leonard (2008-02-25). "Jordan Belfort: Confessions of the Wolf of Wall Street". Telegraph. Retrieved 2013-04-03. 
  2. ^ "Federal Bureau of Prisons". Bop.gov. 2006-04-28. Retrieved 2013-04-03. 
  3. ^ "The wicked wolf of Wall Street | Mail Online". Dailymail.co.uk. Retrieved 2013-06-23. 
  4. ^ a b c ""Wolf of Wall Street back on the prowl: Jordan Belfort"". Theaustralian.news.com.au. 2012-09-28. Retrieved 2013-06-23. 
  5. ^ "Catching the Wolf of Wall Street: More Incredible True Stories of Fortunes ... - Jordan Belfort". Books.google.ca. 2009-02-24. Retrieved 2013-06-23. 
  6. ^ Vince Veneziani (2010-03-25). "Revisiting The Amazing Story Of Jordan Belfort: "The Wolf Of Wall Street"". Business Insider. Retrieved 2013-06-23. 
  7. ^ Jane Wells (2007-10-03). ""Who's Jordan Belfort? I'll Tell You Exactly Who He Is"". Cnbc.com. Retrieved 2013-06-23. 
  8. ^ "The Wolf of Wall Street by Jordan Belfort - Book - eBook - Audiobook". Random House. Retrieved 2013-06-23. 
  9. ^ "Motor Yacht Nadine". Yachtandcrew.com. 2012-01-01. Retrieved 2013-06-23. 
  10. ^ Hubbard, Russell (March 21, 2010). "Joe Borg, Alabama Securities Commission boss, has reputation of being tough on crooks". The Birmingham News. Retrieved January 25, 2011. 
  11. ^ ""Jordan Belfort - Interview from Sunday Profile"". Abc.net.au. 2009-08-20. Retrieved 2013-06-23. 
  12. ^ Fleming, Mike (April 19, 2012). "TOLDJA! Martin Scorsese, Leonardo DiCaprio Commit To 'The Wolf Of Wall Street'". Deadline.com. PMC. Retrieved August 11, 2012.
  13. ^ Thomas Jr., Landon (September 11, 2007). "In the Ashes of His Life as a Broker, Inspiration". NYTimes.com. Retrieved September 8, 2011. 
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The Wolf of Wall Street [DVD] [2013] The Wolf of Wall Street [DVD] [2013]
by Martin Scorsese, with Leonardo DiCaprio, Jonah Hill, Matthew McConaughey, Jon Favreau, Jean Dujardin, published by Universal Pictures UK.
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The Wolf of Wall Street [Blu-ray] [2013] [Region Free] The Wolf of Wall Street [Blu-ray] [2013] [Region Free]
Please note this is a region B Blu-ray and will require a region B or region Free Blu-ray player in order to play.Revered filmmaker Martin Scorsese directs the true story of New York stockbroker Jordan Belfort (Leonardo DiCaprio). From the American dream to corporate greed, Belfort goes from penny stocks and righteousness to IPOs and a life...
by Martin Scorsese, with Leonardo DiCaprio, Jonah Hill, Matthew McConaughey, Jon Favreau, Jean Dujardin, published by Universal Pictures UK.
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The Wolf of Wall Street - Limited Edition Steelbook [Blu-ray] [2013] [Region Free] The Wolf of Wall Street - Limited Edition Steelbook [Blu-ray] [2013] [Region Free]
by Martin Scorsese, with Leonardo DiCaprio, Jonah Hill, Matthew McConaughey, Jon Favreau, Jean Dujardin, published by Universal Pictures UK.
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The Secret Agent Club [1996] [DVD] The Secret Agent Club [1996] [DVD]
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Jordan Belfort - Straight Line Persuasion DVD (Rare Footage) Jordan Belfort - Straight Line Persuasion DVD (Rare Footage)
Learn how persuade, sell and change your life using the Jordan Belfort 'Straight Line Persuasion' system. Jordan Belfort A.K.A the 'Wolf of Wall street' shares his insight on the techniques he used to make over $50 million a year at the tender age of 25. In his business career he as made over 12,000 millionaires, so he is far more than capable...
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