Jordan Belfort Net Worth 2023
How much is Jordan Belfort Worth?
Jordan Belfort, the Wolf of Wall Street, is an American author, motivational speaker, entrepreneur, international sales trainer, and former stockbroker. As of 2023, Jordan Belfort net worth is estimated at $-85 million. The negative net worth is due to a government’s $110 million restitution order against him for defrauding shareholders.
Famous quotes by Jordan Belfort include:
- “If you want to be rich, never give up. People tend to give up. If you have persistence, you will come out ahead of most people. More importantly, you will learn. When you do something, you might fail. But that’s not because you’re a failure. It’s because you have not learnt enough. Do it differently each time. One day, you will do it right. Failure is your friend.”
- “The easiest way to make money is – create something of such value that everybody wants and go out and give and create value, the money comes automatically.”
|Born||The Bronx, New York City, New York|
|Current location||Los Angeles, California|
|Education||American University: B.S. in Biology|
|Occupation||Entrepreneur, Bestselling Author, Motivational Speaker, Sales Trainer|
|Source of Wealth||Stratton Oakmont, Inc., Book Sales|
|Relationship status||Denise Lombardo (m. 1985-1991), Nadine Caridi (m. 1991-2005), Anne Koppe (m. 2016 – 2020), In a relationship|
|Net worth||$-85 million|
|Last updated||January 2023|
How much money does Jordan Belfort make?
Jordan Belfort first discovered his fame and fortune by becoming a fantastic salesman in selling stocks as a Wall Street trader. Here is an overview and rough estimate of his yearly, monthly, weekly, daily, and hourly income. Please keep in mind that the amount of money that he earns is taxable; in which, he falls under the highest tax bracket. Thus, financial planning plays a key role in establishing both short and long-term goals along the path to building wealth.
- Yearly Income: $15 million
- Monthly Income: $1,250,000
- Weekly Income: $288,000
- Daily Income: $41,000
- Hourly Income: $1,700
How did Jordan Belfort get rich?
Jordan Belfort was able to get rich by developing multiple streams of income from his earnings as a very successful stockbroker. In 1989, Jordan became part owner of the Stratton Oakmont firm. He incorporated his proprietary sales techniques to further develop a flourishing sales-team that helped the company repeatedly earn eight figures on an annual basis.
Who is Jordan Belfort? Originally named Jordan Ross Belfort, Jordan was born on July 9, 1962 (age 60) in Bronx, New York to Leah and Max Belfort. His parents are of Jewish descent as well as accountants by profession. Back in the 1990s, Jordan developed one of the most prosperous sales organizations in Wall Street history. Throughout this time period, he elevated to the highest financial heights by making over $50 million per year, which earned him the nickname “Wolf of Wall Street.”
The following are a list of his achievements, events, and awards:
- Finished high school and went on to graduate with a bachelor’s degree in Biology from the American University
- Earned $20,000 selling Italian ice to people at the beach along with childhood friend Elliot Loewenstern
- Enrolled for one day at the University of Maryland School of Dentistry and quickly dropped out after the dean of the school informed him that the golden age of dentistry is over and if he was simply there to make a lot of money, he’s in the wrong place
- Worked as a door-to-door meat and seafood salesman on Long Island, Ne Work (1980s)
- Started selling stocks at a brokerage firm and became incredibly rich and famous (1987)
- Launched and co-founded Stratton Oakmont, Inc. (1989)
- Featured in numerous major newspapers and magazines, such as The New York Times, The Wall Street Journal, and Forbes
- Plead guilty to manipulating investors into buying stocks as part of a pump and dump scheme (1999)
- Served 22 months in jail time at the Taft Correctional Center in Taft, California and released in April (2006)
- Kicked off writing his memoir, conducting motivational speeches, and functioning as a consultant (2006)
- Consulted more than 50 public companies
- Authored New York Times (NYT) bestseller book titled The Wolf of Wall Street (2007)
- Published a second non-fiction book and NYT bestseller titled Catching the Wolf of Wall Street: More Incredible True Stories of Fortunes, Schemes, Parties, and Prison (2009)
- Portrayed by actor Leonardio DiCaprio in the major motion picture “The Wolf of Wall Street” (2013)
Wolf of Wall Street
Is Wolf of Wall Street a true story? Yes, the 2013 movie is based off the life of Jordan Belfort, from his rise to a wealthy stockbroker living his best life to his ultimate downfall as a convicted felon. In addition, Belfort published a book titled The Wolf of Wall Street in 2007 prior to the release of the dramatized film version.
Wolf of Wall Street Cast
The film was directed by Martin Scorsese and the following consists of a list of the top cast members:
- Leonardio DiCaprio as Jordan Belfort
- Jonah Hill as Donnie Azoff
- Margot Robbie as Naomi Lapaglia
- Matthew McConaughey as Mark Hanna
- Kyle Chandler as Agent Patrick Denham
- Rob Reiner as Max Belfort
- Jon Bernthal as Brad
- Jon Favreau as Manny Riskin
- Jean Dujardin as Jean Jacques Saurel
- Joanna Lumley as Aunt Emma
- Cristin Milioti as Teresa Petrillo
- Christine Ebersole as Leah Belfort
- Shea Whigham as Captain Ted Beecham
- Katarina Cas as Chantalle
- P.J. Byrne as Nicky Koskoff (Rugrat)
- Kenneth Choi as Chester Ming
- Brian Sacca as Robbie Feinberg (Pinhead)
- Henry Zebrowski as Alden Kupferberg (Sea Otter)
Jordan Belfort co-founded Stratton Oakmont, Inc. in 1989 along with business partners Danny Porush and Brian Blake. Thus far, Belfort has employed over 1,000 stockbrokers and raised over $1.5 billion, plus started more than 30-million-dollar companies from scratch.
The following list consists of accomplishments and events experienced by the business:
- Launched business with co-founders (1989)
- Headquartered in Lake Success, New York
- Recognized as the largest Over-the-Counter (OTC) firm in the United States (1990s)
- Organized the Initial Public Offering (IPO) of 35 companies, to include footwear company Steve Madden, Ltd.
- Sued a firm by the name of Prodigy Services, Co. for libel in a New York court (1995)
- Barred from conducting principal retail transactions for one whole year by the New York District Business Conduct Committee (1996)
- Expelled from the securities industries by the National Association of Securities Dealers (N.A.S.D) for defrauding investors in December (1996)
- Investigated by the FBI for involvement in a pump-and-dump scam that led investors to lose approximately $200 million
About Jordan Belfort at official Jordan Belfort website