![]() ![]() This firm made over $100 million in defrauded funds. He established a stock broker firm that engaged in fraudulent schemes and shady investments. The entrepreneur made his money in a plethora of ways throughout his life. Jordan is currently married to Cristina Invernizzi, an Argentinian model and actress. His third marriage was with Anne Koppe, which ended in 2020 after twelve years together. They were married for 14 years and divorced in 2005. His second wife was Nadine Caridi, with whom he had two children, Charter, and Chandler Belfort. Jordan Belfort was married to Denise Lombardo in 1985, and they divorced in 1991 during the illegal operations of Stratton Oakmont company. He also produced new books to help young companies find success in their sales and income growth and became famous for the Straight Line sales methodology series. He also compiled his writings from his time in prison into a biography that had a follow-up released in 2009 called Catching the Wolf of Wall Street: More Incredible True Stories of Fortunes, Schemes, Parties, and Prison.īoth books have been best sellers as Jordan’s reinvention as an entrepreneur has earned him a noticeable comeback from his debatable origins. After PrisonĪfter his sentence ended in 2006, Jordan used his knowledge and experience as a stockbroker to create an investment training platform and become a transformational business speaker. Jordan wrote about his incident as a stockbroker and all the misadventures he had gotten the writings became the basis for his 2007 bestseller The Wolf of Wall Street. During this time, Jordan met Canadian singer Tommy Chong who encouraged Jordan to pen a book about his experiences. The deal involved his assistance with the FBI’s investigations into similar illicit operations, and he received an order to pay back the money he had defrauded from his investors. Jordan made a plea deal with the Federal Bureau of Investigation (FBI) and served for twenty-two months instead of four years. Jordan faced charges for several crimes, including fraud and money laundering, and was given a four-year sentence at the Taft Correctional Institution in Taft, California, in 2003. These activities, coupled with investigations from the Financial Industry Regulatory Authority from 1989, ended the establishment in 1996. The firm dealt with stock manipulation by inflating stock prices and fraudulent investment schemes that cost their shareholders millions. Without a job, Jordan established his investment corporation Stratton Oakmont Inc in 1989, which involved off-exchange dealings with clients. Rothschild before its collapse during the 1987 Black Monday stock market crash. He subsequently became a stockbroker intern at the investment bank L.F. Still, he dropped out after being told the profession was not profitable.īefore his rise to infamy, Jordan was a salesman of frozen meat and fish in Long Island, which he sustained till the business failed and he became bankrupt. He further decided to pursue a career in Dentistry and enrolled at the University of Maryland School of Dentistry. Afterward, he obtained a Bachelor of Science in Biology from the government-chartered American University. The Belfort family resided in Bayside, Queens, and Jordan attended the Bayside High School. He was born on July 6, 1962, to Jewish parents Max and Leah Belfort. Jordan Ross Belfort is an American author, orator, and enterpriser famously known for his Wolf of Wall Street moniker. Jordan Belfort has amassed an estimated net worth of $115 million from his books and motivational speaking events. The article anticipates revealing what he did to overcome his failures and how he became a reputable speaker and writer. However, this was not the end of his endeavors, and Jordan rose to recognition after revamping his ventures. Jordan Belfast was a talented marker who could sell almost anything to anyone until his engagement in fraudulent activities ended his career. You have probably heard of the Wolf of Wall Street or most certainly seen the film adaptation of the stock marketer in 2013. ![]()
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