Introduction
Jordan Belfort, often called the Wolf of Wall Street, from his previous books, lifestyle, business and now movie, was born to accountant parents Max and Lear Belfort in 1962. Jordan is renowned 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 desire to become famous and rich, led him to establish Stratton Oakmont; which was a firm that sold inexperienced investors valueless stocks, and abandoned them once the stocks plummeted. This affair made him serve a 22-month jail term and indemnification payments to the people he defrauded. While running Stratton Oakmont, he made over $1 billion dollars from the over 1,000 loyal employees he contracted to do the penny stocks sales to investors. Jordan and his workforce got rich quickly, they lived life in the fast lane, abusing drugs and partying hard.
Activities after jail
Books
While serving his purportedly 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 hearing much of what went down in Jordan's life. Jordan penned two books; The Wolf of Wall Street and Catching the Wolf of Wall Street, these books have earned Jordan many 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.
Business motivational talks
No one can deny that Jordan is a bright man, he had the determination and the will to make his luck 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 across the globe, giving business speeches to young entrepreneurs, along with industry gurus. He earns around $30,000 from each speech, a small sum in comparison with his earnings from Stratton Oakmont, but he has successfully inspired many business-oriented people on good, honorable ways of making large sums of money. In a world that focuses and cares more on getting rich, and not on the means, Jordan Belfort feels obliged to teach individuals and corporates ethical ways of making money so that the riches and or means to those riches do not land other people into trouble as they did him.
Conclusion
Jordan Belfort made fast millions of dollars with his fraudulent stock brokerage firm, Stratton Oakmont in the 1990s, but paid dearly for it, serving 22 months in jail and ordered to make over $110 million in restitution. 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. He capacity builds people to overcome their obstacles and make ethical business decisions, to save others from the suffering his actions inflicted on others.
Jordan Belfort, often called the Wolf of Wall Street, from his previous books, lifestyle, business and now movie, was born to accountant parents Max and Lear Belfort in 1962. Jordan is renowned 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 desire to become famous and rich, led him to establish Stratton Oakmont; which was a firm that sold inexperienced investors valueless stocks, and abandoned them once the stocks plummeted. This affair made him serve a 22-month jail term and indemnification payments to the people he defrauded. While running Stratton Oakmont, he made over $1 billion dollars from the over 1,000 loyal employees he contracted to do the penny stocks sales to investors. Jordan and his workforce got rich quickly, they lived life in the fast lane, abusing drugs and partying hard.
Activities after jail
Books
While serving his purportedly 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 hearing much of what went down in Jordan's life. Jordan penned two books; The Wolf of Wall Street and Catching the Wolf of Wall Street, these books have earned Jordan many 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.
Business motivational talks
No one can deny that Jordan is a bright man, he had the determination and the will to make his luck 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 across the globe, giving business speeches to young entrepreneurs, along with industry gurus. He earns around $30,000 from each speech, a small sum in comparison with his earnings from Stratton Oakmont, but he has successfully inspired many business-oriented people on good, honorable ways of making large sums of money. In a world that focuses and cares more on getting rich, and not on the means, Jordan Belfort feels obliged to teach individuals and corporates ethical ways of making money so that the riches and or means to those riches do not land other people into trouble as they did him.
Conclusion
Jordan Belfort made fast millions of dollars with his fraudulent stock brokerage firm, Stratton Oakmont in the 1990s, but paid dearly for it, serving 22 months in jail and ordered to make over $110 million in restitution. 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. He capacity builds people to overcome their obstacles and make ethical business decisions, to save others from the suffering his actions inflicted on others.
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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