Introduction
Jordan Belfort, frequently called the Wolf of Wall Street, from his previous books, life-style, business and now movie, was born to accountant parents Max and Lear Belfort in 1962. Jordan is famous for founding a stock broking firm on Wall Street during the 1990s, Stratton Oakmont, although, Jordan's company was based on Long Island not Wall Street. His sales methods, and his crave to become famous and rich, led him to establish Stratton Oakmont; which was a firm that sold untrained 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. Him and his employees got rich fast and lived on the fast lane of life, partying hard and abusing drugs.
Ventures After Prison
Publications
While serving his supposedly 4 years jail term, which became only 22 months after collaborating with the authorities on his case, Jordan was lucky, or otherwise, to share a jail room with Tommy Chong, serving his 9 months time after a sentence of selling drug paraphernalia online. Tommy inspired Jordan to make his life's story a book, after listening much of what went down in Jordan's life. Jordan wrote two books, The Wolf of Wall Street and Catching the Wolf of Wall Street, which have earned him millions of dollars. In addition to the books, one of his books has been made into a motion picture with the same title, The Wolf of Wall Street, with Leonardo Dicaprio and Matthew McConaughey comprising actors.
Motivational Business Talks
No one can deny that Jordan is an intelligent man, he had the drive and the will to make his fortune and spent the cash as he saw fit. Although, his tactics landed him in jail, he, now a self-proclaimed businessman, says he learnt from his mistakes and has reformed. He travels around the world offering business motivational talks to young business people as well as gurus in the industry. 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, honourable ways of making large sums of money. In the modern world, the emphasis is on becoming wealthy, regardless of the methods, thus Jordan Belfort feels obligated to educate corporations and individuals about ethical business methods, so that the profits and the methods the profit is made does not get other people in trouble with the law, like they did with him.
Summary
Jordan Belfort managed to make millions of dollars running his crooked stock brokerage company, Stratton Oakmont, during the 1990s, but Jordan paid a heavy price for his wrongdoing; he served a 22 month jail term and was ordered to repay in excess of $110 million. Jordan became rich quickly, he spend money like it was water, he attended jail and rehabilitation, however, Jordan learned a valuable lesson in life, and he now travels around 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, frequently called the Wolf of Wall Street, from his previous books, life-style, business and now movie, was born to accountant parents Max and Lear Belfort in 1962. Jordan is famous for founding a stock broking firm on Wall Street during the 1990s, Stratton Oakmont, although, Jordan's company was based on Long Island not Wall Street. His sales methods, and his crave to become famous and rich, led him to establish Stratton Oakmont; which was a firm that sold untrained 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. Him and his employees got rich fast and lived on the fast lane of life, partying hard and abusing drugs.
Ventures After Prison
Publications
While serving his supposedly 4 years jail term, which became only 22 months after collaborating with the authorities on his case, Jordan was lucky, or otherwise, to share a jail room with Tommy Chong, serving his 9 months time after a sentence of selling drug paraphernalia online. Tommy inspired Jordan to make his life's story a book, after listening much of what went down in Jordan's life. Jordan wrote two books, The Wolf of Wall Street and Catching the Wolf of Wall Street, which have earned him millions of dollars. In addition to the books, one of his books has been made into a motion picture with the same title, The Wolf of Wall Street, with Leonardo Dicaprio and Matthew McConaughey comprising actors.
Motivational Business Talks
No one can deny that Jordan is an intelligent man, he had the drive and the will to make his fortune and spent the cash as he saw fit. Although, his tactics landed him in jail, he, now a self-proclaimed businessman, says he learnt from his mistakes and has reformed. He travels around the world offering business motivational talks to young business people as well as gurus in the industry. 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, honourable ways of making large sums of money. In the modern world, the emphasis is on becoming wealthy, regardless of the methods, thus Jordan Belfort feels obligated to educate corporations and individuals about ethical business methods, so that the profits and the methods the profit is made does not get other people in trouble with the law, like they did with him.
Summary
Jordan Belfort managed to make millions of dollars running his crooked stock brokerage company, Stratton Oakmont, during the 1990s, but Jordan paid a heavy price for his wrongdoing; he served a 22 month jail term and was ordered to repay in excess of $110 million. Jordan became rich quickly, he spend money like it was water, he attended jail and rehabilitation, however, Jordan learned a valuable lesson in life, and he now travels around 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.
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