Jordan Belfort is an American Origin stockbroker who is also a motivational speaker and author. The Jordan Belfort net worth is $100 million, according to Forbes.
He is mainly famous for his stockbroking skills, on which a movie Wolf of Wall Street starring De Caprio has also been made. This movie on him was basically a transition of his memoir Wolf of Wall Street, which he published in 2007. The movie was released in 2013.
Early Life of Jordan Belfort
Jordan Ross Belfort was born on 9th July 1962 in the Bronx area of New York City. He is a jew and was raised in Bayside.
He completed his degree in biology from the American University. After completing his degree, he enrolled in the dental school of the University of Maryland. However, spoon after joining, he left the school when on the first day, one of his teachers said, “Dentist wasn’t a way of getting rich,”
Jordan Belfort has exceptional business skills from the start, and one example of it is seen in his early days. He, along with his one friend, made $20,000 by selling Italian ice cream to the beachgoers.
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Career
In the beginning, Belfort sold meat going door to door in the Long Island area of New York. This business of Belfort soon grew into a company that employed many people. Their output peaked at 5,000 pounds of fish and beef every week. This business contributed to Jordan Belfort net worth, but it didn’t last for long as he applied for bankruptcy.
Later he found a job at the L.F. Rothschild as a stockbroker trainee. But he was fired from the firm after the Black Monday crash of the stock market. Despite the setback, Belfort again entered the market and worked for various financial firms. He did this to soak all the knowledge he could for the stock market and someday make money like the senior and big brokers.
In 1989 he started his own firm for the stock market, which was named Stratton Oakmont. This was his first step towards earning the Jordan Belfort net worth as we know it today. Belfort started a pump and dump scheme in his firm to defraud the investors. At its height, the firm employed a staff of 1,000 stockbrokers and made $1 billion for the management in total.
However, his success didn’t last for long, as in 1996, the National Association of Securities Dealers kicked Belfort’s firm out. They snatched the membership of the firm, and this led the firm to bankruptcy. However, this firm was the main source of income for Belfort, and it contributed greatly to the Jordan Belfort net worth.
Legal Issues
Jordan was convicted for money laundering and securities fraud in 1999. He was sentenced to a jail term of four years, but after serving 22 months, he came out.
Career As Motivational Speaker
After the release, Jordan Belfort started his career as a motivational speaker. He started a new business in the name of global motivation inc. In this business, he speaks about ethics in the business and how people should learn from their mistakes.
Writing Career of Jordan Belfort
He has written two memories after his release. These are:
- Wolf of Wall Street
- Catching The Wolf Of Wall Street
These two memoirs by him have been translated into 18 languages and published in 40 countries.
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Personal Life
Jordan Belfort’s wife was Denise Lombardo, whom he married in his early life, but the couple divorced later. They stayed in the marriage for a time period of 1985 to 1991.
Later he married Nadine Caridi in 1991, who was the sent Jordan Belfort wife. But the couple divorced in 2005, and his second wife accused him of domestic violence.
Jordan Belfort kids have also been a center of attraction due to their dad and his career. After the movie on his memoir Jordan Belfort, kids have been more in the limelight. He has two kids, one son, and a daughter.
Jordan Belfort Quotes
Jordan Belfort has been a motivation for many, and thus, his quotes are some of the most famous. Some famous Jordan Belfort quotes are:
- “When you live your life by poor standards, you inflict damage on everyone who crosses your path, especially those you love.”
- Act as if you’re a wealthy man, rich already, and then you’ll surely become rich. If you have unmatched confidence and then people will surely have confidence in you. Act as if you have unmatched experience, and then people will follow your advice. And act as if you are already a tremendous success, and as sure as I stand here today – you will become successful.”
- “Successful people are 100% convinced that they are masters of their own destiny, they’re not creatures of circumstance, they create circumstance if the circumstances around them suck they change them.”
- “Without action, the best intentions in the world are nothing more than that: intentions.”
- “No matter what happened to you in your past, you are not your past, you are the resources and the capabilities you glean from it. And that is the basis for all change.”
- “There’s no nobility in poverty.”
- “Winners use words that say ‘must’ and ‘will.'”
- “I’ve got the guts to die. What I want to know is, have you got the guts to live?”
- “The only thing standing between you and your goal is the bullshit story you keep telling yourself as to why you can’t achieve it.”
- “Without action, the best intentions in the world are nothing more than that: intentions.”
- “Whether you say, ‘I can’ or ‘I can’t,’ you’re right either way.”
- No matter what happened to you in your past, you are not your past, you are the resources and the capabilities you glean from it. And that is the basis for all change.”
Final Words
Jordan Belfort has been one of the most successful stockbrokers in the world. He is an inspiration to many people around the world. The stockbroking career is the main contributor to Jordan Belfort net worth.
| Jordan Belfort Net Worth | $100 Million |
| Date of Birth | 9th July, 1962 |
| Jordan Belfort Age | 58 years |
| Gender | Male |
| Profession | Motivational Speaker, Author, Entrepreneur, Screenworter, and Film Producer |
| Nationality | United States of America |
| Last Update | 2021 |
