Jordan Belfort’s Net Worth 2021
Jordan Belfort is an American entrepreneur who has a net worth of $100 million. Belfort is widely known as the real-life protagonist in Wolf of Wall Street, which was based on his memoirs and directed by Martin Scorsese and stars Leonardo DiCaprio playing the lead character role.
Belfort started his infamous business career when he with his close friend from high school, Danny Porush founded a company called “Stratton Oakmont”. For nearly a decade Stratton Oakmont engaged in rampant fraud and corruption, manipulating stocks for their clients until regulators charged him with money laundering and securities fraud in 1998. In 2003 Belfort pleaded guilty to defrauding investors out of more than $100 million dollars. As part of his plea deal, Jordan was sentenced to four years in prison but only had to serve 22 months, spending much of it at a low-security facility in Taft, California. Belfort has since received other reproachable convictions including having pleaded guilty for filing false tax returns concealing as much as $200 million in personal assets and using bogus checks to fuel his drug addictions.
Jordan also shares a name with several other famous business magnates such as former U.S President Jimmy Carter’s brother Billy Carter who ran a successful gas station franchise after dropping out of college, publisher Malcolm Forbes who inherited the “Forbes Magazine” from his father B.C Forbes and founder of flooring retailer Floors For Living Jordan Zimmerman whose father is known for being among the top homebuilders in the United States.
What Is Jordan Belfort’s Net Worth?
|Net Worth:||$100 Million|
|Date of Birth:||Jul 9, 1962 (59 years old)|
|Profession:||Motivational Speaker, Entrepreneur, Author, Film Producer, Screenwriter|
|Nationality:||United States of America (USA)|
Jordan Belfort was also featured as a character in multiple events such as TEDx Talks and is currently hosting his own Podcast called The Jordan Harbinger Show with over 600 thousand listeners per episode.
Also, Jordan started his own motivational speaking business where he charges $50,000 to $75,000 for an hour-long speech and has earned as much as $750,000 for each 90-minute keynote. While on tour with one of his talks at London’s Jewish Chronicle live event in 2011, Belfort was spotted by hundreds of people who protested outside the venue against ‘blood money. Soon after that incident, around 30 protesters ran into Belfort’s website which resulted in its downtime due to the surge in traffic which is estimated to be worth $500,000.
Jordan Belfort has also hosted a motivational seminar at Massachusetts Institute of Technology and was even interviewed by Oprah Winfrey in 2013 which he discusses his path to success and that “The Wolf” persona isn’t just a single character but it’s actually made up of multiple people most notably Jordan himself, his father Max Belfort and an unnamed colleague who is quoted saying:
” “I saw Jordan Belfort make over $1 billion illegally,” the former colleague told The Daily Mail. “So when I see him crying in court because he lost $40 million [in assets], I thought, ‘You remember how you f***ed me over with all your money?
Back in the 1990s, he worked as a stockbroker and within three years he was earning $37 million.
Belfort had become one of the most successful brokers in New York City. He didn’t just work at any firm; he became part of Stratton Oakmont — one of the most prestigious brokerage firms on Wall Street.
The business became so successful that at its peak his company employed more than 1000 people with annual revenue of hundreds of millions of dollars.
And for Jordan Belfort, this wasn’t enough. He wanted to earn even more money, which is why he joined forces with his colleagues and started manipulating stocks to make even more profit for their clients. The only problem was that they weren’t exactly playing by the rules.
The whole company was involved in a massive stock market manipulation, and when they were finally busted by the Securities Exchange Commission (SEC), they had to pay $110 million in fines. This fine is considered to be one of the biggest penalties that were ever imposed for this type of crime at that time.
Belfort’s story has been told in many films and best-selling books — including ” The Wolf of Wall Street, which he wrote himself — but most people don’t know about all his secrets and lies. After serving over two years in prison, Belfort now shares his stories with the world, so keep reading if you want to find out more about him!
He Doesn’t Have An Inspiration Story To Inspire Others
Belfort was born in 1962 in Bayside, Queens. His father worked as a severe alcoholic and Belfort spent his early years dealing with his wrath.
But like most kids who grow up without parents’ affection or love, he wanted to become successful so that no one could make fun of him again. And since he didn’t have much money at that time, this is why he decided to turn to crimes and manipulation — anything that would allow him to rise above others and finally feel free and independent.
He Became A High-Class Criminal Just To Prove A Point To The World
When Belfort went looking for jobs after graduating from high school, he didn’t have any impressive resume or references to back him up. He had no idea what he wanted to do with his life and what kind of job would give him satisfaction.