Jordan Belfort Net Worth: Jordan Belfort is an author and motivational speaker who once worked in the stock trading industry of the 1980s with a net worth of $-100 million.
Everybody’s curiosity was piqued when the movie, The Wolf of Wall Street became a blockbuster hit in 2014.
Questions on what happened to the real wolf of Wall Street emerged – leading to Jordan Belfort’s instant celebrity life.
Today, we’re going to be diving deep into Jordan Belfort Net Worth, Career and we’ll be looking at:
- How he made (and lost) his fortune
- His ultimate downfall
- His former assets – his yacht – and spoiler alert – how it sank, and beach house
- His legendary parties at the beach house – did they really happen?
It’s a rollercoaster ride of a career!
So, brace yourselves.
Who Is Jordan Belfort
Jordan Ross Belfort was born on the 9th July, 1962. He is an American motivational speaker, former stockbroker, author, and convicted fraudster.
In 1999, he was found guilty of fraud and other related crimes. He was involved in stock-market manipulation.
|Jordan Belfort Net Worth: $-100 million|
|Date of Birth: 09. 07. 1962|
|Height: 1.7 Metres (5ft 7in)|
|Relationship Status: Divorced|
|Profession: Author & Motivational Speaker.|
How Much Is Jordan Belfort Net Worth?
Many people became overly curious about his net worth and his penny stocks trading career after the release of the now-infamous Wolf Of Wall Street.
To answer the question.
Jordan Belfort net worth currentyl is $-100 million.
Well, his net worth turned out to be negative because of his $100 million fine for fraud in the early 2000s.
…since 2007, Belfort has only paid $12.8M plus $700K in restitution to the people he scammed.
Jordan Belfort Career Earnings By Year
Based on reports, Belfort was supposedly making circa $49 million annually in his late 20s.
Until his downfall…
When the courts convicted him in 1999 for fraud…
… A multi-millionaire to a man with negative Jordan Belfort Net Worth since he was ordered to pay back his investors to the tune of $110,000,00.
His failure surely is something to be mindful of.
Life didn’t end because of his failures and schemes – in 2007 he published his memoirs entitled The Wolf of Wall Street.
He became a successful author and motivational speaker since reemerging after his failures.
If you wanna know more about Jordan Belfort, check out his Bio on BounceMojo.com for more details about his life and career.
Fee Range: $75K-$150K for speaking engagements in the United States.
Business Ventures, Endorsements & Books
Despite everything that’s happened to Jordan Belfort…
It didn’t stop him slowly regaining his reputation.
In 2007, he published his memoirs which include stories of his penny stocks trading back in the 80s.
His book became a bestseller – allowing him to regain some of his wealth.
And in 2013, a film adaptation of his best-selling book was released.
The movie starred no other than, Leonardo DiCaprio and featured other celebrities like Margot Robbie, Matthew McConaughey, and more!
Right after his book became a hit…
… Jordan Belfort decided to go back into the business world.
He made public his proprietary training and recruitment agency ‘Straight Line Hiring’. He also appointed Arvid Ali (founder of Silicon Valley) as President.
Jordan Belfort Controversies & Litigation
Here we go…
This is the juicy bit where we find out just how far over the line he trod…
Jordan Belfort vs. the United States of America – 1999
Jordan Belfort started his investment company in 1987, selling stocks to the public.
The company was Stratton Oakmont, which earned him millions in profit during its short run.
The company defrauded investors by manipulating stock prices.
Later on, the government became suspicious.
The U.S. Securities and Exchange Commission decided to investigate Stratton Oakmont, which led to Belfort’s imprisonment in 1999.
Jordan Belfort was ordered to pay a whopping $110 million in settlement fees to those people he scammed.
Aside from that, he was sentenced to stay in prison for 42 months.
As of 2007, he has paid just $700,000.00 in actual cash – the balance was in property seized at the time.
… he finished his four years of imprisonment in 2008.
How Jordan Belfort Spends His Money
Belfort was once a multi-millionaire.
So it’s no surprise he led a lavish lifestyle.
To give you the insider track on this, here are the things Jordan Belfort spent his moolah on.
Jordan Belfort Houses
In the 90s, Jordan Belfort owned a $3.4 million home in Long Island.
He lived there with his (now) ex-wife, Nadine Caridi, and their two children.
The whole area was a massive two-acre site with a pool, a separate pool house, and a huge garage.
… he was forced to sell his house to pay the settlement fees for his victims.
Ever curious where he held his hip parties in the 1990s?
It was in his oceanfront home in Hermosa Beach, California.
His Mediterranean style 4000 square foot home became the venue of every Wolf of Wall Street’s beach house party – just exactly as seen in the movie.
Yes, his beach parties really happened…
…where he and his employees, investors, and friends from Stratton Oakmont had fun, drank booze, and danced from dusk til dawn.
Fun fact: there was this one time that he made his then-girlfriend Nadine join the party – especially so he could flaunt the engagement ring he gave her.
Going back to the house, he unluckily had to sell this house to pay off his debts.
Jordan Belfort’s Cars
Belfort also owned a 1991 Ferrari Testarossa during his glory years.
Once again he had to sell it to pay his fines. It was a nice addition to Jordan Belfort Net Worth.
Jordan Belfort’s Yacht ‘Nadine’
You might be wondering…
…why did Jordan Belfort’s Yacht sink?
Well, it was due entirely to his luxury boat sailing during a Mediterranean storm in 1996.
Besides the storm.
The 39-meter yacht was also overloaded as it was carrying various lifeboats, kayaks, Intrepid boats, a helicopter, and a seaplane.
Thankfully, Belfort and his family were rescued before Nadine eventually sank in the seas of Italy.
- He used his first Wall Street trading earnings to buy his 1991 Ferrari Testarossa.
- He then wrote off his taxes with prostitute fees.
- Tommy Chong, an actor, and writer was Jordan’s cellmate. He convinced Jordan to write his memoirs.
- He now lives in California with his 3rd wife.
- Belfort went through three marriages, his first with Denise Lombardo, next with Nadine Caridi (whom he has two kids with), and his current wife – see FAQ.
- The easiest way to earn is to make something with value that everybody would want – that would lead to the money coming in automatically.
- Winners always use the words ‘must’ and ‘will’.
- Act like you’re already a wealthy man, and you’ll truly become rich.
- You don’t need to try to resolve your pain at this point. If anything, you want to lessen that pain for it to go.
- The only thing that is between you and your goal is the story you keep telling yourself as to why you can’t achieve it.
Frequently Asked Questions (FAQs)
How much is Jordan Belfort net worth today?
Sadly, Jordan Belfort net worth is negative value because of his settlement fees and fines.
Was Jordan Belfort a billionaire?
Nope, he never was a billionaire.
Who is Jordan Belfort’s wife?
Anne Koppe is Jordan Belfort wife.
Did Jordan Belfort sink his yacht?
He sank his 167ft motor yacht, complete with seaplane and helicopter, after overruling the captain and taking it into a Mediterranean storm.
Where does Jordan Belfort live now?
He lives in California but his employer is based in Australia.
Summary: Jordan Belfort ‘Wolf Of Wall Street’ Net Worth
There you go, I’m sure you’ll agree, Jordan Belfort has had a pretty controversial career.
My biggest takeaway from this is that there’s always a way to build yourself up after any downfall – even one as cataclysmic as The Wolf’s.
But I also particularly liked how he didn’t flee from the law.
I’m sure there’s a lot we can learn both from his mistakes and his redemption.
I hope you enjoyed this article – you might also want to check out Jordan Belfort’s Bounce Mojo Bio, and the best memes of him.