Jordan Belfort’s Net Worth, Biography, & other details

Jordan Belfort, the name is enough to describe the transition of a Stockbroker from rags to riches. He has ruled the American stock market for decades and has undergone many ups and downs throughout his career. He even had to serve jail time for 22 months for a stock manipulated crime Still, Jordan Belfort’s net worth has not diminished to an extent and he still can bounce back and lead a dignified life. This blog is dedicated to “The Wolf Of Wall Street” where we will elaborate on Jordan Belfort’s struggle, early life, partners, and net worth.

NAME  Jordan Belfort
CITIZENSHIP American
HOBBIES
  • Reading and writing
  • Playing Tennis
CAREER
  • Stockbroker
  •  investor
  •  writer
  • motivational speaker
  •  philanthropist
PARTNERS
  • Denise Lombardo – ​(m. 1985; div. 1991)
  •  Nadine Caridi – ​(m. 1991; div. 2005)​
  • Anne Koppe – ​(m. 2008; div. 2020)​
  • Cristina Invernizzi – (m. 2021 till present)
RELIGION Jewish
CRIMINAL STATUS Served prison for 22 months
CRIMINAL CHARGES
  • Money laundering
  • Stock Manipulation
BUSINESS VENTURES AND STATUS
  • Meat selling business – failed
  • Stratton Oakmont – closed
  • Writing – success
  • Crypto investor – success
  • Motivational speaker – success
MOVIES BASED ON JORDAN BELFORT The Wolf of Wall Street

Boiler Room

BOOKS
  • The Wolf of Wall Street
  • Catching the Wolf of Wall Street: More Incredible True Stories of Fortunes, Schemes, Parties, and Prison
  • Way of the Wolf: Become a Master Closer with Straight Line Selling
NET WORTH  100 million USD
EDUCATION 
  • American University
  • University of Maryland School of Dentistry
DOB July 9, 1962
PLACE OF BIRTH Bronx, New York

 

Who is Jordan Belfort? Peek into his early life and educational background:

educational background
Jordan Belfort educational background

  • If you have watched “The Wolf of Wall Street”, you might have a rough idea about Jordan Belfort but it is half-baked information in the movie. 
  • Jordan Belfort was born on July 9, 1961, to a Jewish couple in the Bronx, New York. His father’s name is Max while his mother’s name is Leah who were accountants by profession. He completed his elementary and higher schooling in Bayside, Bronx in the Queens neighborhood. He has been heavily inclined towards business since started. During childhood, Jordan Belfort and his best friend Elliot Loewenstern used to sell ice cream in the beach area and earned $20,000 from this side hustle. 
  • Jordan then enrolled in the American University majoring in biology and he paid his fees from the money he had made from his side hustle. He then enrolled in the University of Maryland to pursue a course in dentistry but soon withdrew after finding out there was no scope for making money as a dentist. 

Jordan Belfort Career

  •  Success did not come overnight to Jordan; his initial days were rough and he lived a humble lifestyle. His first job after college was as a door-to-door salesman. Later he also started a meat-selling business which was a massive success initially but soon failed and he had to file for bankruptcy. 
  • Career as a Stock Broker – His introduction to the stock market was through a family friend who gave him a job as a trainee stockbroker at L.F. Rothschild but after the market crashed in 1987, he was laid off. 
  • The turning point in his career came when he founded Stratton Oakmont which was a franchise of Stratton Securities. The purpose of the firm was to pick up penny stocks and manipulate them. His venture was successful and he led a lavish lifestyle. During this era, Belfort became addicted to methaqualone. His firm was a hit and had issued stocks over $1 billion. The movies, Boiler Room and The Wolf of Wall Street are based on Jordan Belfort and his firm.  
  • In the late 1980’s his firm was delisted by the National Association of Securities Dealers and was ruled out of business later. Jordan was also charged with securities fraud and money laundering in 1999. Belfort had no other option than to become an informer for the FBI. He testified against all the partners and associates involved in the scam. He was awarded 4 years in prison and served 22 months for the pump and dump scam where some investors lost nearly USD 200 million. His inmate in the prison was Tommy Chong who motivated him to write his experience as a stockbroker. After coming out of prison, Belfort became a motivational speaker and a writer. Belford even had to pay 50% of his income and assets as a restitution amount.
  • Career as a Cryptocurrency investor – When Cryptocurrency was launched, Belford was critical about it and used to call it “mass delusion” but later when the Cryptocurrency price inflated, he started investing there also. As of now, he has invested in many Cryptocurrency start-ups. 

Personal Life

  • Jordan’s personal life is also a roller coaster. He has been married 4 times and the list of his ex-wives is given below
  • Jordan Belfort married Denise Lombardo during the Golden Days of Stratton Oakmont but soon divorced after the business started falling apart. 
  • He then married Nadine Caridi who was a model by profession. The couple had two children but got divorced in 2005. The reasons stated by Nadine Caridi were drug addiction and domestic violence. 
  • He then married Anne Koppe in 2008 and divorced in 2020. The reason for divorce is unknown. His last marriage was with Cristiana Innernizzi in the year 2021.

Jordan Belfort’s Net Worth

  • Despite losing nearly 50% of his wealth as a restitution amount Jordan Belfort has a Net worth of $100 million from his previous investments and recent ventures. Jordan has $ 30 million invested in Cryptocurrencies and crypto-related start-ups.
  •  During the Golden period of “Stratton Oakmont” he had USD 79 million as his investment which he was able to liquidate after the firm was under the scanner of the investigating agencies. He has real estate assets in California, New York, and Vegas which give him high rental yields. 
  • From his writing and biography-related books, he initially received $500,000 plus 20% as a royalty amount for the movie based on his biography. The fees for his motivation seminar can range anywhere between $50,000 to $80,000.
  •  He even paid $110 million as the restitution amount for the pump and dump scam. So taking consideration of all his assets and liabilities, Jordan Belfort has a net worth of $100 million.

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