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Jordan Belfort Net Worth: Author of “The Wolf of Wall Street,” Adapted Into a Martin Scorsese Film

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Jordan Belfort, a convicted felon, former stockbroker, and author, currently holds a net worth of negative $100 million at the time of this writing.

Jordan Belfort Net Worth: Author of "The Wolf of Wall Street," Adapted Into a Martin Scorsese Film

From 1989 to 1996, Belfort operated the financial firm Stratton Oakmont, orchestrating pump-and-dump schemes that resulted in the fraudulent extraction of hundreds of millions of dollars from unsuspecting victims.

In 1999, both Belfort and his co-founder, Danny Porush, faced indictments for securities fraud and money laundering, leading to guilty pleas. Their cooperation with prosecutors resulted in reduced sentences.

In 2007, Belfort authored the memoir “The Wolf of Wall Street,” which was later adapted into a film of the same name, featuring Leonardo DiCaprio and directed by Martin Scorsese.

Released in 2013, the movie depicted Belfort’s controversial financial activities. Additionally, the 2000 film “Boiler Room” loosely drew inspiration from Belfort and his former firm, Stratton Oakmont.

Jordan Belfort Net Worth

Net Worth$130 Net Worth
Peak Net Worth$1 Billion
Net Worth in RupeesRs.1050 crore
Annual Income$19 Million
Bank Balance$25 Million

Early Life

Jordan Ross Belfort, born on July 9, 1962, in The Bronx, New York, grew up in Bayside, Queens, in a Jewish family.

During a summer between high school and college, Belfort and a friend earned $20,000 selling Italian ice.

Despite graduating from American University with a biology degree, he abandoned dental school after one day, realizing it wasn’t a path to wealth.

Career

Belfort started by selling meat door-to-door on Long Island, later filing for bankruptcy at 25. He then worked as a stockbroker at L.F. Rothschild but faced job loss after the 1987 stock market crash.

Undeterred, he honed his skills, eventually founding Stratton Oakmont in the early 1990s. The firm engaged in fraudulent activities, leading to its downfall in 1996.

In 1999, Belfort faced indictment for securities fraud and money laundering. He served 22 months in prison as part of a plea deal, with his schemes causing $200 million in losses for investors.

Restitution

Convicted in 1998, Belfort paid back $10 million of the $110 million owed to defrauded clients. Despite legal obligations, restitution remains incomplete.

Motivational Speaking Career

Post-prison, Belfort became a motivational speaker, emphasizing business ethics and learning from mistakes.

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He charges $30,000 to $75,000 for speaking engagements and over $80,000 for sales seminars, receiving mixed reviews.

Jordon Belfort’s Assets

Rich Buys3 Mansions
Cars20+
Crypto Investments$12 Million
Luxury Watches75+
Stock Portfolio$39 Million
Boats1 Yacht
Real Estate Properties8 Villas and Apartments

Writing Career

Belfort authored memoirs like “The Wolf of Wall Street,” adapted into a movie 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 Stratton Oakmont included drug use. He had three marriages, costly divorces, and faced accusations of domestic violence.

His yacht, Nadine, sank in 1996. In 2021, a hacker stole $300,000 from his cryptocurrency wallet.

Belfort’s Divorce Settlements

Belfort’s three divorces cost him significantly, with settlements of $15 million, $9 million, and a one-time payment of $20 million, along with $50,000 per month alimony.

Jordon Belfort House

In 2020, Belfort moved into a $14 million mansion in Los Angeles, constituting 18% of his net worth. He owns various real estate assets across 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

Belfort’s car collection, representing less than 9% of his net worth, includes a Bugatti Chiron, Ferrari 912, Lamborghini, Mercedes, Audi, BMW, and Lexus, totaling 20 cars.