Jordan Belfort, who has been known to be a former stockbroker, was born on 09th July 1962. Jordan has worked for years in the financial sector and after his tenure in the industry, he has now become an entrepreneur, author, and a speaker. He has also been reputed as one of the finance professionals who had taken criminal steps to manipulate the market. He had gone through trials during which he had been charged against his financial schemes which were fraud.
He has told this and other stories in memoir, “The Wolf of Wall Street”, which he had published in the year 2007. Jordan has now made to the recent news articles which have come out for his statement in relation with the Hunter Biden case. In the reports, it has been mentioned that the statement which had been made by Belfort is related to the recent controversial case, coming from the White House. In the statement, Jordan has been stating that the bag of cocaine which had been discovered at the White House earlier in this month had belonged to Hunter Biden, as reported.
Jordan Belfort Net Worth 2023
Jordan has been the inspiration behind the 2013 movie which had been directed by Martin Scorsese, by the same name which had been shared by the 2007 memoir of Jordan Belfort, titled as, “The Wolf of Wall Street”. The film has also depicted his activities which have been related to stock market manipulation, running a boiler room and the scam which had included the penny stocks. As a result in 1999, Belfort had also pleaded guilty to multiple charges and crimes related to the market manipulation. This had led him to be sentenced to about 22 months in a prison.
This sentence had been a part of his agreement which had allowed Jordan to testify against his numerous partners who had been involved in the same activities at the time. He had described his journey in two autobiographical accounts, in the memoirs titled as “The Wolf of Wall Street” and “Catching the Wolf of Wall Street” by 2007 & 2009. Following the sentence he has served, he had also started to give motivational speeches which have been mainly focused on ethics. As his audience has grown, he has started to include sales skills & entrepreneurship too.
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Jordan Belfort Bio & Earnings Overview
|Born||09th July 1962|
|Birthplace||Bronx, New York|
|Occupation||Former Stockbroker, Speaker & Author|
|Parents||Max (Father) & Leah (Mother)|
|Memoirs||“The Wolf of Wall Street” & “Catching the Wolf of Wall Street|
|Biopic||“The Wolf of Wall Street”|
|Known For||“Straight Line Sales Psychology”|
|Partner||Denise Lombardo (Divorced) & Nadine Caridi (Separated)|
|Weight||Over 70 kg|
|Net Worth||More Than 20 million USD|
Jordan Belfort Early Life, Age & Family
Belfort was born as, Jordan Ross Belfort, as reported on 09th July 1962 in the famous Bronx borough in New York. He has been raised by his Jewish family where his parents, namely Max (his father) and Leah (his mother), both had worked as accountants professionally. Most of his early years had been spent by him with his family in Bayside in the Queens borough of New York. It has been also reported that he had enrolled in the American University to study and graduate with Biology as his major.
Following this, he had also planned to be a student in the University of Maryland & School of Dentistry, which he had later quit. He had been divorced during his time at Stratton Oakmont from his first wife Denise Lombardo. After this, he had met Nadine Caridi, a British model, while they were at a party. The couple had 2 children but had decided to split as Caridi had complaints about Jordan’s addictions, which had given rise to domestic violence charges. Jordan has also been the final owner of the luxury yacht called ‘Nadine’, which had originally been built for Coco Chanel in year 1961.
Jordan Belfort Career Beginnings & Current Ventures
In his early years, he had started with a small business with his childhood friend named Elliot Loewenstern. This business had allowed them to earn more than 20,000 USD which they both had planned to use for paying their college fees. The business had them selling Italian ice from Styrofoam coolers to people who were available at one of the local beaches. In his later years, he had also been a salesman for meat and seafood business in New York. He has claimed that his business had been a success but Jordan had to file for bankruptcy at the age of 25.
His next venture had started when he founded Stratton Oakmont as a franchise unit of Stratton Securities. Stratton Oakmont had functioned as a boiler room which was used to market penny stocks and had defrauded investors by the use of “pump and dump” sales and schemes. This had allowed Belfort to live lavishly where he had also grown addicted to recreational drugs and expensive parties. This phase of Jordan’s life had been marked by excessive greed leading to criminal activities. Currently, Belfort has started to talk about the experiences which he had written about before in his two memoirs. His talks have been gaining attention internationally for their motivational content, sales advice and business guidance.
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Jordan Belfort Latest News & Accusations
In the recent reports, Jordan’s name has been in the news again after there have been new allegations, which have accused the “Wolf of Wall Street” to be a part of another Ponzi scheme in the recent months. It has been mentioned in the reports that Jordan has allegedly invested money in a 500 million dollar Ponzi Scheme, or as it has also been called in the reports as, the OmegaPro Scam. An investigative YouTuber known as Coffeezilla had reached out to Belfort’s team for a comment, and in the response, he has stated that the YouTuber has been “wildly misleading”.
In other reports, it has been revealed that according to Jordan Belfort, the cocaine bag which has been discovered recently in the White House, has been hidden and owned by Hunter Biden. He has also added that he has not been sure but the obvious person which can be pointed is Hunter, as reported. He had continued by saying that such actions are taken by addicts so they can have drop points where they can quickly sneak in and take small hits without inviting any doubts, as a result.