Introduction
Jordan Belfort, often called the Wolf of Wall Street, from his previous books, lifestyle, business and now film, was born to accountant parents Max and Lear Belfort in 1962. Jordan is renowned for founding a stock broking firm on Wall Street during the 1990s, Stratton Oakmont, nevertheless, Jordan's corporation was based on Long Island not Wall Street. His sales methods, and his desire to become famous and rich, led him to create Stratton Oakmont; which was a firm that sold inexperienced investors valueless stocks, and deserted them once the stocks plummeted. This business made him serve a 22-month jail term and restitution payments to the people he defrauded. When running Stratton Oakmont, Jordan made in excess of $1 billion dollars via a number of loyal workers he had hired to carry out penny stock sales to prospective investors. Both he and his staff became wealthy quickly, and enjoyed the trappings of their success; taking drugs and partying non stop.
Activity after Jail
Books
While serving his supposedly 4 years jail term, which became only 22 months after collaborating with the government on his case, Jordan was lucky, or otherwise, to share a jail room with Tommy Chong, serving his 9 months time after a conviction of selling drug paraphernalia online. Tommy inspired Jordan to make his life's story a book, after hearing much of what went down in Jordan's life. Belfort's two publications; The Wolf of Wall Street and Catching the Wolf of Wall Street, made him a mulit millionaire. As well as the publications, one of his titles has been adapted into a film with the same name, The Wolf of Wall Street, starring Matthew McConaughey and Leonardo Dicaprio.
Business motivational talks
No one can deny that Jordan is a bright man, he had the determination and the will to make his fortune and spent the cash as he saw fit. While, his tactics landed him in jail, he, now a self-proclaimed businessman, says he learnt from his mistakes and has reformed. Jordan travels the world giving motivational business talks to budding entrepreneurs and industrial gurus. He earns around $30,000 from each speech, a low sum in comparison with his earnings from Stratton Oakmont, but he has successfully inspired many business-oriented people on good, ethical ways of making large sums of money. Today's world revolves around the ability to make money and no one worries how the wealth is created. Jordan Belfort feels that he is equipped to teach businesses and individuals ethical ways of generating money so that the wealth and the way that wealth is gained does not land them in deep waters as it did him.
Conclusion
Jordan Belfort became a multi millionaire quickly, with his scam stock brokerage company, Stratton Oakmont, during the nineties, however he paid the price; serving twenty-two months in prison and paying more than $110 million in compensation. Following his fast rise to wealth, and quick spending, along with his prison sentence and rehabilitation, Belfort learned important lessons, which he currently travels the world to teach. Jordan teaches people how to make ethical business decisions and ways of overcoming obstacles that stand in their way; this, he hopes, will save others from undergoing the suffering that he was subjected to.
Jordan Belfort, often called the Wolf of Wall Street, from his previous books, lifestyle, business and now film, was born to accountant parents Max and Lear Belfort in 1962. Jordan is renowned for founding a stock broking firm on Wall Street during the 1990s, Stratton Oakmont, nevertheless, Jordan's corporation was based on Long Island not Wall Street. His sales methods, and his desire to become famous and rich, led him to create Stratton Oakmont; which was a firm that sold inexperienced investors valueless stocks, and deserted them once the stocks plummeted. This business made him serve a 22-month jail term and restitution payments to the people he defrauded. When running Stratton Oakmont, Jordan made in excess of $1 billion dollars via a number of loyal workers he had hired to carry out penny stock sales to prospective investors. Both he and his staff became wealthy quickly, and enjoyed the trappings of their success; taking drugs and partying non stop.
Activity after Jail
Books
While serving his supposedly 4 years jail term, which became only 22 months after collaborating with the government on his case, Jordan was lucky, or otherwise, to share a jail room with Tommy Chong, serving his 9 months time after a conviction of selling drug paraphernalia online. Tommy inspired Jordan to make his life's story a book, after hearing much of what went down in Jordan's life. Belfort's two publications; The Wolf of Wall Street and Catching the Wolf of Wall Street, made him a mulit millionaire. As well as the publications, one of his titles has been adapted into a film with the same name, The Wolf of Wall Street, starring Matthew McConaughey and Leonardo Dicaprio.
Business motivational talks
No one can deny that Jordan is a bright man, he had the determination and the will to make his fortune and spent the cash as he saw fit. While, his tactics landed him in jail, he, now a self-proclaimed businessman, says he learnt from his mistakes and has reformed. Jordan travels the world giving motivational business talks to budding entrepreneurs and industrial gurus. He earns around $30,000 from each speech, a low sum in comparison with his earnings from Stratton Oakmont, but he has successfully inspired many business-oriented people on good, ethical ways of making large sums of money. Today's world revolves around the ability to make money and no one worries how the wealth is created. Jordan Belfort feels that he is equipped to teach businesses and individuals ethical ways of generating money so that the wealth and the way that wealth is gained does not land them in deep waters as it did him.
Conclusion
Jordan Belfort became a multi millionaire quickly, with his scam stock brokerage company, Stratton Oakmont, during the nineties, however he paid the price; serving twenty-two months in prison and paying more than $110 million in compensation. Following his fast rise to wealth, and quick spending, along with his prison sentence and rehabilitation, Belfort learned important lessons, which he currently travels the world to teach. Jordan teaches people how to make ethical business decisions and ways of overcoming obstacles that stand in their way; this, he hopes, will save others from undergoing the suffering that he was subjected to.
About the Author:
The Wolf of Wall Street, the story of a multi millionaire convicted, sent to prison for fraud and rebuilt from scratch to make millions again.
