Biography
Jordan Ross Belfort Net Worth: The Author Of “The Rise and Fall of the Wolf of Wall Street”
American entrepreneur Jordan Ross Belfort Net Worth of $130 million. He published the memoir The Wolf of Wall Street, which was adapted into a Martin Scorsese film.
From 1989 to 1996, Belfort served as the head of the financial firm Stratton Oakmont, orchestrating pump-and-dump schemes that swindled hundreds of millions of dollars from unsuspecting victims.
In 1999, Belfort, along with co-founder Danny Porush, faced indictments for securities fraud and money laundering, ultimately pleading guilty and receiving reduced sentences in exchange for cooperation with prosecutors.
In 2007, Belfort published his memoir, “The Wolf of Wall Street,” which later inspired a film of the same name starring Leonardo DiCaprio and directed by Martin Scorsese, released in 2013. The 2000 movie “Boiler Room” also drew inspiration from Belfort and his former financial firm Stratton Oakmont.
Jordan Ross Belfort Net Worth
Net Worth | $130 Net Worth |
Peak Net Worth | $1 Billion |
Net Worth in Rupees | Rs.1050 crore |
Annual Income | $19 Million |
Bank Balance | $25 Million |
Early Life
Born in The Bronx, New York, on July 9, 1962, Jordan Ross Belfort grew up in Bayside, Queens, in a Jewish family.
His entrepreneurial spirit emerged early when, during the summer between high school and college, he and a friend made $20,000 selling Italian ice on the beach.
Despite graduating from American University with a biology degree, Belfort abandoned dental school after one day, realizing it wasn’t a path to wealth.
Career
Belfort’s journey took a turn into meat and seafood sales on Long Island, eventually leading to bankruptcy at 25.
Undeterred, he entered the world of finance as a stockbroker trainee at L.F. Rothschild, where he faced setbacks, including being laid off after the 1987 stock market crash.
Undeterred, Belfort founded his own firm, Stratton Oakmont, in the early 1990s, employing pump-and-dump schemes to defraud investors.
Legal Issues
In 1999, Belfort faced indictment for securities fraud and money laundering, serving 22 months in prison through a plea deal with the FBI. His financial scams cost investors $200 million. Despite a restitution order, he has only repaid a fraction.
Motivational Speaking Career
Post-prison, Belfort reinvented himself as a motivational speaker through his company, Global Motivation, Inc.
Jordan Ross Belfort Net Worth Assets
Rich Buys | 3 Mansions |
Cars | 20+ |
Crypto Investments | $12 Million |
Luxury Watches | 75+ |
Stock Portfolio | $39 Million |
Boats | 1 Yacht |
Real Estate Properties | 8 Villas and Apartments |
He emphasizes ethics and learning from mistakes, though reviews are mixed. Speaking engagements range from $30,000 to $75,000, while sales seminars cost $80,000 and up.
Writing Career
Belfort authored two memoirs, “The Wolf of Wall Street” and “Catching the Wolf of Wall Street,” both widely published and translated.
The former was adapted into a film by Martin Scorsese. In 2017, he released “Way of the Wolf: Become a Master Closer with Straight Line Selling.”
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Personal Life
During his Stratton Oakmont years, Belfort lived lavishly, indulging in recreational drugs. He had three marriages, with his second wife, Nadine, accusing him of domestic violence. Tommy Chong, his prison cellmate, encouraged him to write “The Wolf of Wall Street.”
Jordan Ross Belfort Net Worth Timeline
Jordon Belfort Net Worth 2023 | $130 Million |
Jordon Belfort Net Worth in 2010 | $49 Million |
Jordon Belfort Net Worth in 2000 | $1 Million |
Jordon Belfort Net Worth in 1990 | $800 Million |
Jordon Belfort Net Worth in 1980 | $20,000 |
Divorce Settlements
Belfort’s three divorces incurred substantial costs. His settlements include $15 million to Denise Lombardo, $9 million to Nadine, and a $20 million one-time payment plus $50,000 monthly alimony to Cristina Invernizzi.
Real Estate and Cars
In 2020, Belfort moved into a $14 million mansion in Los Angeles, comprising 10 bedrooms, 2 pools, a home theater, bowling alley, and pub. Real estate represents 18% of his net worth. His car collection, including a Bugatti Chiron and a Ferrari 912, accounts for less than 9% of his net worth.