Many people know Jordan Belfort’s famous fortune, but few know how he acquired it, and especially how he continues to expand it. Those who follow the news know, indeed, that Jordan Belfort is getting richer every day, especially since this year 2024. The questions that are on the minds of interested Internet users are the following:
– How much is Jordan Belfort’s fortune really worth right now?
– And how did he get so rich?
It’s always exciting and motivating to know the success stories of great personalities, especially when the story is full of interesting twists and turns, from scandals to praise. In fact, it is certainly for the uniqueness of Jordan Belfort’s story that the film “The Wolf of Wall Street” was released, inspired by the life of this great man.
If you want to know where Jordan Belfort’s fortune comes from, read on, because in this article, you will discover his journey and the evolution of the value of his fortune. You will also discover the secrets of his success, including the way he thought and the actions he took to build his empire.
Table of Contents
A short biography of Jordan Belfort
Before knowing his fortune, let’s first get to know the happy Jordan Belfort.
Jordan Belfort Ross was born on July 9, 1962 in Queens, New York. He comes from a modest Jewish family and his parents were both accountants during his childhood.
Jordan Belfort was educated at the American University where he received his degree in biology. He then joined the Baltimore College of Dental Surgery to become a dentist, but he couldn’t make it because the dean pointed out to him that he was in the wrong place. The reason for this remark was that Jordan Belfort’s only goal was to make money, which was uncontrolled greed.
So it was after leaving dental school that Jordan Belfort decided to start his career as a Wall Street broker in 1987.
A rather tumultuous start to Jordan Belfort’s career
Jordan Belfort founded his first company in the 1990s, the Oakmont Stratton. It was a financial brokerage firm that he used to defraud major investors. He went door to door fundraising in the course of that activity and made his investors believe that they made a lot of money. To make them believe in this success, Jordan Belfort led a life of wealth that he made sure to show his partners. At that time, it is estimated that his fortune amounted to $200 million.
However, this rich life did not succeed for him because it led him to drug addiction. Moreover, he was quickly overwhelmed by events, as he went bankrupt and could no longer control the concerns of his investors. To end this misadventure, he was found guilty of fraud and money laundering in 1998 and was incarcerated for 22 months for that. And to repay his investors, he had to return about $110,400,000.
In a nutshell, that’s what the movie “The Wolf of Wall Street“, played by Leonardo Dicaprio (main character), is about, and it’s based on Jordan Belfort’s story.
In spite of this rather rough beginning, Jordan Belfort made his comeback in business to reconstitute his fortune, and this time in a legal way.
Jordan Belfort: rising to rebuild his empire
img source: arabianbusiness.com
Despite his imprisonment, his banishment from the world of finance, and all the scandals to which he has been subjected, Jordan Belfort has managed to get back on his feet to earn his living legally. To do so, he began a career in literature based on his own story, anecdotes and experiences that are as unique as they are captivating. So it is by writing and selling books (many of which are based on his life) that Jordan Belfort manages to make $80,000 per gig. Apart from that, he also sells his compelling stories to film producers.
It would appear then that Jordan Belfort has discovered a talent, other than biology and finance, which is proving to be fruitful for him. This revival has given Jordan Belfort a whole new state of mind, away from the life of scamming and pettiness. This is why, on occasion, he takes the liberty of sharing his motivational quotes to breakthroughs in business, but also in life in general.
To sum up, like many other very wealthy personalities, Jordan Belfort has gone from a modest life to a whole fortune, but through some unique misadventures. Jordan Belfort is one of the few successful businessmen on Wall Street, but unfortunately for him, it didn’t last because of his fraudulent schemes. Although with his strong mentality, he regained his fortune by changing domains. And in 2024, this fortune is estimated at 100 million dollars.
If there is one thing to remember about the Belfort fortune, it is that nothing is really lost until we give up. If Jordan Belfort was able to convert to become richer, then so can you: it’s all about mentality. He refers to it in his famous quote: “The only thing standing between you and your goal is the bullshit story you keep telling yourself as to why you can’t achieve it”.
We hope you enjoyed this article and that it has inspired you in your quest for wealth.
For more information on Jordan Belfort’s wealth, this article on the systeme.io blog will certainly be of interest to you. This article describes Jordan Belfort’s life, but also his net worth, estimated at over $100 million.
