Overview
Jordan Belfort, habitually called the Wolf of Wall Street, from his previous books, life-style, business and now film, 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, however, Jordan's business 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 deserted them once the stocks plummeted. This business made him serve a 22-month jail term and damages payments to the people he defrauded. Whilst operating Stratton Oakmont, he earned more than one billion dollars, with the help of over one-thousand loyal staff he hired to sell penny stocks to investors. Him and his employees got rich fast and lived on the fast lane of life, partying hard and abusing drugs.
Activities after jail
Books
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 sentence 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. Belfort's two publications; The Wolf of Wall Street and Catching the Wolf of Wall Street, made him a mulit millionaire. 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 an intelligent man, he had the drive and the will to make his luck and spent the cash as he saw fit. While, 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 modest 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 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.
Conclusion
Jordan Belfort became a multi millionaire quickly, with his scam stock brokerage company, Stratton Oakmont, during the nineties, however he paid the price; serving twenty-two months in prison and paying more than $110 million in compensation. From his quick rise to riches, and fast spending, as well as jail term and rehab, Jordan learnt valuable lessons, which he, now, travels around the world teaching. 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, habitually called the Wolf of Wall Street, from his previous books, life-style, business and now film, 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, however, Jordan's business 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 deserted them once the stocks plummeted. This business made him serve a 22-month jail term and damages payments to the people he defrauded. Whilst operating Stratton Oakmont, he earned more than one billion dollars, with the help of over one-thousand loyal staff he hired to sell penny stocks to investors. Him and his employees got rich fast and lived on the fast lane of life, partying hard and abusing drugs.
Activities after jail
Books
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 sentence 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. Belfort's two publications; The Wolf of Wall Street and Catching the Wolf of Wall Street, made him a mulit millionaire. 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 an intelligent man, he had the drive and the will to make his luck and spent the cash as he saw fit. While, 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 modest 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 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.
Conclusion
Jordan Belfort became a multi millionaire quickly, with his scam stock brokerage company, Stratton Oakmont, during the nineties, however he paid the price; serving twenty-two months in prison and paying more than $110 million in compensation. From his quick rise to riches, and fast spending, as well as jail term and rehab, Jordan learnt valuable lessons, which he, now, travels around the world teaching. 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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