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About Jordan Belfort Net Worth
Jordan Belfort, a convicted felon, former stockbroker, and author, currently has a net worth of negative $100 million. Between 1989 and 1996, Belfort operated the financial firm Stratton Oakmont, which orchestrated pump-and-dump schemes, defrauding hundreds of millions of dollars from unsuspecting victims. In 1999, Belfort and co-founder Danny Porush were indicted for securities fraud and money laundering, leading to their guilty pleas. They cooperated with prosecutors, resulting in reduced sentences.
In 2007, Belfort published his memoir, “The Wolf of Wall Street,” which was later adapted into a movie of the same name starring Leonardo DiCaprio and directed by Martin Scorsese, released in 2013. The 2000 film “Boiler Room” was also loosely based on Belfort and Stratton Oakmont.
Contrary to the movie’s portrayal, Belfort did not receive the moniker “the Wolf of Wall Street” during his fraudulent activities; he self-proclaimed the nickname while writing his memoir in prison. The Forbes article from 1991 referred to him as a “twisted Robin Hood” and described his business model as pushing risky stocks on unsuspecting investors. Belfort’s victims included many who were not affluent and couldn’t afford the losses.
During his fraudulent activities, Belfort embezzled around $200 million from his victims and was ordered to repay $110 million in restitution. To date, he has only repaid $10 million, leading to his negative $100 million net worth.
Some notable facts about Jordan Belfort include buying a white Ferrari with his first Wall Street bonus, sinking a 167-foot yacht in a Mediterranean storm, accumulating a $700,000 hotel bill, engaging in lavish acts like making love to his wife on a bed of $3 million in cash, earning $50 million in a single year at his peak, and being charged between $30,000 and $70,000 for a single speaking engagement.
Jordan Belfort Net Worth
Jordan Belfort has an estimated net worth of up to -$100 Million.
| Net Worth: | -$100 Million |
| Date of Birth: | Jul 9, 1962 |
| Age: | 61 years old |
| Gender: | Male |
| Profession: | Motivational speaker, Entrepreneur, Author, Film Producer, Screenwriter |
| Nationality: | United States of America |
| Country | United States of America |
| Ethnicity | The Bronx |
| Residence | United States of America |
| Complexion | White |
In 2001, the U.S. federal government seized Jordan Belfort’s Long Island, New York mansion and subsequently sold it to help reimburse some of Belfort’s fraud victims. Following this, the property changed ownership several times. It was listed for sale in 2017 with an initial asking price of $3.4 million. By August 2018, the price had been reduced to $2.89 million.
Jordan Belfort Biography
Jordan Ross Belfort was born in The Bronx, New York, on July 9, 1962, and was raised in Bayside, Queens, in a Jewish family. During the summer between high school and college, Belfort and a close friend made $20,000 selling Italian ice from coolers on the beach. He pursued a degree in biology at American University and briefly attended dental school at the University of Maryland School but left after the first day when a faculty member discouraged it as a means to get rich. During his time at Stratton Oakmont, Belfort led an extravagant lifestyle, frequently hosting parties, and used recreational drugs, including methaqualone, or quaaludes.
He married Denise Lombardo in 1985, but they divorced during his tenure at Stratton Oakmont in 1991.
Tommy Chong, his cellmate in prison, encouraged Belfort to write “The Wolf of Wall Street.”
In 1991, Belfort married British-born model Nadine Caridi, whom he met at a party. They had two children, Chandler and Carter, but separated after she accused him of domestic violence, possibly due to drug use. They divorced in 2005. Belfort purchased the luxury yacht Nadine, originally built in 1961 for famed designer Coco Chanel, and renamed it after his second wife. The ship sank off the coast of Sardinia in June 1996, though everyone on board was rescued by the Italian Navy’s Special Forces. Belfort later admitted that he insisted on sailing the yacht in high winds against the ship’s captain’s advice.
In 2008, Belfort married Anne Koppe, but they divorced in 2020. In 2021, he began dating Cristina Invernizzi.
Belfort has been likened to the infamous Ponzi scheme perpetrator Bernie Madoff.
He made a cameo appearance near the end of “The Wolf of Wall Street.”
His former head of security, Bo Dietl, revealed that he never saw Belfort sober while working for him and disclosed Belfort’s significant connections to the Mob.
In 2021, a hacker stole $300,000 worth of digital tokens from Belfort’s cryptocurrency wallet.
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