Net Worth
Jordan Belfort Net Worth: Former Stockbroker, And Author With Immense Wealth
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 led Stratton Oakmont, a financial firm involved in pump-and-dump schemes that defrauded innocent victims of hundreds of millions of dollars.
In 1999, both Belfort and co-founder Danny Porush were indicted for securities fraud and money laundering. They pleaded guilty and received reduced sentences in exchange for cooperating with prosecutors.
In 2007, Belfort published his memoir, “The Wolf of Wall Street,” which was later adapted into a film starring Leonardo DiCaprio and directed by Martin Scorsese.
The movie, released in 2013, gained significant attention. Additionally, the 2000 film “Boiler Room” drew inspiration from Belfort and the activities at his former firm, Stratton Oakmont.
Jordan 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 on July 9, 1962, in The Bronx, New York, Jordan Ross Belfort grew up in Bayside, Queens, in a Jewish family.
His entrepreneurial spirit emerged early when, between high school and college, he and a friend earned $20,000 selling Italian ice on the beach.
Despite graduating from American University with a biology degree, Belfort abandoned dental school after the first day, rejecting the notion that dentistry was the path to wealth.
Career
Belfort’s journey took him from selling meat door-to-door on Long Island to bankruptcy at 25. Undeterred, he joined L.F. Rothschild as a stockbroker trainee, only to be laid off after the 1987 stock market crash.
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Undeterred, he founded Stratton Oakmont in the early 1990s, employing pump-and-dump schemes to defraud investors. Despite reaching staggering success, Stratton Oakmont faced scrutiny, leading to its expulsion from the National Association of Securities Dealers in 1996.
Legal Issues
In 1999, Belfort faced indictments for securities fraud and money laundering, serving 22 months of a four-year sentence. His financial scams cost investors $200 million, and he was obligated to repay $110 million, a debt still largely unpaid.
Motivational Speaking Career
Post-prison, Belfort rebranded as a motivational speaker through his company, Global Motivation, Inc. Charging $30,000 to $75,000 for speaking engagements and $80,000 and up for sales seminars, Belfort’s ethics-focused talks have garnered mixed reviews.
Jordon Belfort’s 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 |
Writing Career
Belfort authored memoirs like “The Wolf of Wall Street,” later adapted into a film directed by Martin Scorsese. His book “Way of the Wolf: Become a Master Closer with Straight Line Selling” was released in 2017.
Personal Life
Belfort’s extravagant lifestyle during his Stratton days involved lavish parties and recreational drug use.
He married Denise Lombardo (1985-1991) and later Nadine Caridi (1991-2005), experiencing domestic violence accusations. His third marriage to Anne Koppe ended in 2020, and in 2021, he began dating Cristina Invernizzi.
Belfort’s Divorce Settlements
Belfort faced hefty divorce settlements, including $15 million to Lombardo, $9 million to Nadine, and a $20 million one-time payment plus $50,000 monthly alimony to Cristina.
Jordon Belfort House
In 2020, Belfort moved into his $14 million mansion in Los Angeles, featuring 10 bedrooms, 2 pools, a home theater, bowling alley, and a pub. Real estate constitutes 18% of his net worth, with additional properties in California, Texas, and Miami.
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 |
Jordon Belfort’s Cars
Owning a collection of 20 cars, including a Bugatti Chiron and a Ferrari 912, Belfort’s cars account for less than 9% of his net worth. His collection features Ferraris, a Lamborghini, Mercedes, Audi, BMW, and Lexus.