Jordan Belfort (American Entrepreneur) – Net Worth, Wife, Songs, Lyrics

Jordan Belfort is an American motivational speaker, author, and former stockbroker. Born in New York, Belfort was blessed with the talent of a good salesman at a very young age. He started out as a stockbroker and churned out millions of dollars through illegal ways in the 90s through ‘Stratton Oakmont,’ an investment company which he owned. Unable to withstand the pressure exerted upon him by the law-enforcement agencies, Jordan pleaded guilty for cheating several investors and other crimes related to manipulation of stock market. He also pleaded guilty for running a boiler room as part of the ‘penny stock scam.’ He spent around 22 months in prison. As part of an agreement, he gave testimony against several subordinates and partners involved in his fraud schemes. Belfort has since reformed his ways and delivers several motivational speeches. When he first started delivering speeches, the topics were mainly on ethics and motivation. However, he later shifted his focus towards entrepreneurship and sales skills. In his speeches, he emphasizes on how ethics play a crucial role in running a successful business and how to avoid mistakes that he made in his career as a broker.

Jordan Belfort Biography

Jordan Belfort was born on 9 July 1962, in New York City, USA, to Max and Leah Belfort. He was raised in a modest apartment in Bayside, Queens. Both his parents were accountants by profession and were of Jewish origin. He completed high school and went on to complete his graduation with a degree in biology from ‘The American University.’ He then took admission in ‘University of Maryland School of Dentistry.’ However, he dropped out before completing the course.

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Career: e operated a sea-food and meat business in the 80s. When the company had to be closed down, as it lost money, Belfort started selling stocks in the year 1987. Belfort put his selling expertise to use in a different field altogether when he commenced his work in a brokerage firm in 1987. It was here where he learnt the intricacies of being a stockbroker. Two years down the line, he started running his own investment company called ‘Stratton Oakmont.’ Jordan, along with his partner Danny Porush, became rich after using the infamous ‘pump and dump’ scheme. As part of this scheme, his brokers were asked to force certain stocks to the firm’s unsuspecting clients that helped inflate the prices of those stocks. As part of this devious scheme, his company sold its ownership and reaped profit.