Jordan Belfort – Net Worth 2024, Biography, Personal Life, Professional Life and Everything
Jordan Belfort, often called the “Wolf of Wall Street,” is a former stockbroker, financial criminal, and businessman. He has lived a life of many ups and downs and was involved in criminal activities related to the stock market during his time in the brokerage firm Stratton Oakmont.
This article will explore Jordan Belfort’s net worth and personal and professional life.
Jordan Belfort Personal Details |
|
| Real Name | Jordan Ross Belfort |
| Profession | American former stockbroker, author, motivational speaker, and businessman |
| Parents | Maxwell “Max” Belfort and Leah |
| Partner | Denise Lombardo (m. 1985; div. 1991)
Nadine Caridi (m. 1991; div. 2005) Anne Koppe (m. 2008; div. 2020) Cristina Invernizzi (m. 2021) |
| Children | 2 |
| Date of Birth | February 15, 1969 |
| Age | 55 |
| Birth Place | New Orleans, Louisiana, U.S. |
| Networth | Estimated $150 million |
| https://www.instagram.com/birdman/?hl=en | |
| X (Twitter) | https://x.com/birdman5star?lang=en |
Net Worth 2024
Jordan Belfort’s net worth is estimated at $115 million. At the peak of his career, it reached around $200 million. However, due to his fraudulent activities related to stock market manipulation, he was ordered to repay $110 million as restitution.
According to reports, he was supposed to pay 50% of his gross income to 1513 victims. He has several investments in his portfolio and owns real estate properties, yachts, and automobiles. His automobile collections include Ferrari Portofino, Lexus ES, Bugatti Chiron, and Alfa Romeo Giulia.
His other sources of income are book sales and motivational speaking. His books “The Wolf of” Wall Street” and “Cat” ng o” The Wolf of Wall Street” copies were sold for around $18 million. He charges $30000 to $750000 per virtual event for his motivational speeches and $200000 for live events.
Early Life
Belfort was born to Maxwell “Max” Belfo” t a “d Leah on July 9, 1962, in the Bronx, New York City. His parents were accountants, and he was raised in Bayside, Queens. After completing high school, Belfort and his childhood friend Elliot Loewenstern collected $20000 by selling Italian ice at a local beach.
He completed his graduation degree in biology from American University. After that, he planned to go to dental school using the money he earned. He enrolled at the University of Maryland School of Dentistry but later dropped the idea of pursuing the course. He apologized for not choosing the course because it was the wrong place to make money.
Professional Life
Belfort started his early career as a door-to-door seafood and meat salesman on Long Island. Initially, his business was successful, and he employed several workers and sold around 5,000 pounds in a week. But at the age of 25, his company filed for bankruptcy. After that, he shifted his career as a trainee stockbroker at L.F. Rothschild, but he was terminated from the firm in 1987 after the Black Monday stock market crash.
In the early 1990s, he founded Stratton Oakmont, a franchise of Stratton Securities, through which he defrauded investors with pump-and-dump schemes. During that time, he led a luxurious life and eventually became a drug addict. At one point, his firm employed over 1,000 stock brokers and issued stocks worth more than $1 billion.
However, law enforcement officials targeted his firm, and in 1996, the National Association of Securities expelled Stratton Oakmont; in 1999, Belfort was indicted for securities fraud and money laundering. In 2003, he was sentenced to four years in prison, but in exchange for a plea deal with the FBI, he only served 22 months imprisonment. He was ordered to pay back $110.4 million that he defrauded from stock buyers.
After he was released from prison, he became a motivational speaker. He started a business, Global Motivation Inc., and spent three weeks a month on the road for speaking engagements.
Personal Life
Belfort first married Denise Lombardo in 1985, and in 1991 they divorced. Then, he tied the knot with Nadine Caridi in 1991 and divorced in 2005; they share two children. After that, Belfort married Anne Koppe between 2008 and 2020. He currently married Cristina Invernizzi in 2021.
Table of Contents