The Tech Education
  • News
  • Sports
  • Entertainment
    • Anime
    • Manga
    • Movies
  • Celebrity
    • Net Worth
    • Dating And Relationship
    • Lifestyle
  • Tech
  • Gaming
Reading: Jordan Belfort Net Worth: Discovering His Financial Empire!
Share
Aa
Aa
The Tech Education
  • News
  • Sports
  • Entertainment
  • Celebrity
  • Tech
  • Gaming
Search
  • News
  • Sports
  • Entertainment
    • Anime
    • Manga
    • Movies
  • Celebrity
    • Net Worth
    • Dating And Relationship
    • Lifestyle
  • Tech
  • Gaming
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
   
The Tech Education > Net Worth > Jordan Belfort Net Worth: Discovering His Financial Empire!
Net Worth

Jordan Belfort Net Worth: Discovering His Financial Empire!

Shreya Jain
Last updated: 2024/01/11 at 4:28 PM
By Shreya Jain Published January 11, 2024
5 Min Read
SHARE

Jordan Belfort is a former stockbroker, novelist, and convicted felon. He oversaw the financial company Stratton Oakment from 1989 to 1996 when it was involved in pump-and-dump scams that tricked hundreds of millions of dollars out of unsuspecting people.

Contents
Jordan Belfort’s Net WorthJordan Belfort’s Early LifeJordan Belfort CareerJordan Belfort Motivational Speaking Career

The co-founders of the company, Jordan Belfort and Danny Porush, faced charges of money laundering and securities fraud in 1999. They both entered guilty pleas. Their cooperation with prosecutors resulted in reduced terms for them.

Jordan Belfort’s Net Worth

Belfort’s net worth is estimated at $115 million, largely coming from speaking engagements and memoir sales. He earns an annual income of $18 million. Despite his corrupt past, Jordan Belfort is still doing quite well, albeit not nearly as well as he did during the peak of his career.

Jordan Belfort Net Worth

Jordan Belfort’s Early Life

On July 9, 1962, Jordan Ross Belfort was born in The Bronx, New York. Born into a Jewish household, he grew up in Bayside, Queens. During the summer between high school and college, Belfort and a close friend made $20,000 selling Italian ice from coolers to tourists on the beach.

Belfort graduated from American University with a degree in biology. He enrolled in the University of Maryland School of Dentistry. When a faculty member mentioned that being a dentist wasn’t a means to get rich, he departed after the first day of lectures.

You can also check out our below posts related to other stars’ net worth:-

  • Liz Cheney Net Worth: An Overview of Her Professional Journey, and Endorsements!
  • How Much is Larry Hoover’s Net Worth? Professional Life and Endorsements!

Jordan Belfort Career

On Long Island, New York, Belfort went door-to-door selling meat and seafood. From being a one-man operation at first, his meat-selling firm expanded to employ several individuals and sell 5,000 pounds of beef and fish every week. He became a trainee stockbroker at L.F. Rothschild after declaring bankruptcy at the age of 25. Belfort’s first supervisor allegedly advised him that hookers, cocaine, and masturbation were the keys to success.

This company let him go following the Black Monday stock market crash in 1987. Belfort was enamored with the notion of becoming a stockbroker and earning the kind of money that more seasoned brokers did, even after this setback. Belfort worked for several financial firms in the late 1980s, absorbing as much information as he could. After honing his sales approach, he decided to launch his own business in 1989.

Jordan Belfort Net Worth

Belfort created Stratton Oakmont in the early 1990s. The company uses a boiler room to sell penny stocks. Belfort conned his investors with a pump-and-dump plan. At the pinnacle of Stratton Oakmont’s prosperity, Belfort managed over $1 billion and employed over 1,000 stockbrokers.

Nonetheless, Belfort and Stratton Oakmont were under investigation by the National Association of Securities Dealers. The group was thoroughly examining the business dealings of the firm. Stratton Oakmont thereafter lost its membership in the National Association of Securities Dealers in December 1996, and the company closed.

Belfort hid his wealth in Swiss banks. His wife’s aunt and his mother-in-law both had a hand in getting the money into Switzerland illegally. While controlling Stratton Oakmont, he reportedly organized parties that included midget-tossing contests.

Here is an Instagram post:-

 

View this post on Instagram

 

A post shared by Jordan Belfort (@wolfofwallst)

Jordan Belfort Motivational Speaking Career

Following his release from prison, Belfort transformed his career into a motivational speaker. He established Global Motivation, Inc. as his company. He traveled for around three weeks every month to give speeches on the value of business ethics and how to learn from mistakes.

For example, in the 1990s, he believed that he could get away with breaching the regulations set down by banking regulators because many others were doing the same. The cost to schedule a speech with Jordan Belfort ranges from $30,000 to $75,000. Booking him for a sales seminar costs at least $80,000.

Commenters have responded adversely to his stories of breaking financial restrictions as he did in the 1990s, therefore he hasn’t received the best evaluations for his lectures.

For more updates on celebrities’ net worth and asset details then you can join us on our website thetecheducation.com.

You Might Also Like

Emily Blunt Net Worth 2024: How Much She Earned in Her Career?

Ricky Martin Net Worth: How Much He Earned in His Career?

Lindsay Lohan Net Worth 2024: How Rich is American Entrepreneur?

Keisha Nash Whitaker Net Worth: How Much Did She Earn Before Her Death?

Kristi Noem Net Worth: How Did She Built Her Financial Empire?

Share this Article
Facebook Twitter Whatsapp Whatsapp
Share
By Shreya Jain
Published Author and a versatile Content Writer with an experience of over 3 years in different niches like health, travel, software, fashion, lifestyle, and wellness with compelling story-telling and narration skills. I help businesses to create their distinctive identity in the industry using various marketing & SEO strategies to help them grow as a brand. I write well-researched articles, blog posts, social media descriptions, and website content to extend the reach of a company through highly impactful & cutting-edge content.
Previous Article Liz Cheney Net Worth Liz Cheney Net Worth: An overview of Her Professional Journey, and Endorsements!
Next Article Bowers and Mandrell Get Engaged Are Bowers and Mandrell Get Engaged? Their Relationship Timelines!
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

TheTechEducation.com is a leading tech media house that provides comprehensive coverage of the latest trends, news, and insights in the world of technology. Read More About Us.

Our Core Team

Editor in Chief- Govind Dhiman

Senior Editor – Manish Kumar

Senior Author & Manager- Deepshikha Chaudhary

Author & Content Manager – Mehak Rajput

Contributor- Subhashree

Our Freelance Writers- Eliza Grace,  Bella

Quick Link

  • News
  • Sports
  • Entertainment
    • Anime
    • Manga
    • Movies
  • Celebrity
    • Net Worth
    • Dating And Relationship
    • Lifestyle
  • Tech
  • Gaming

Get in Touch

Branch Address: 302 Midas Residency, Jaipur, India, Rajasthan

Head Office: SCO-253, 2nd Floor, opp. Mini Secretariat, Sector 12, Karnal, Haryana 132001

Support Contact-

[email protected]

Thetecheducation is a part of Digi Hind Pvt Ltd. Media Services.

Important Pages

  • About Us
  • Contact Us
  • Disclaimer
  • Fact-Checking Policy
  • DMCA
  • Ethics Policy
  • Cookie Policy
  • Privacy Policy
  • Editorial Policy
  • Terms and Conditions
  • Our Team
  • Grievance Redressal
  • Write For Us – Join the Tech Education Community!
The Tech Education
Follow US

© 2023 TheTechEducation.com

Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?