In this article, we explain who is Jordan Belfort, who inspired the movie “The Wolf of Wall Street”. Simply put, Jordan Belfort is an American entrepreneur, author, and criminal. Also known as Wall Street scam. Belfort was jailed for crimes such as securities fraud and money laundering. Shortly after that, it came to the fore again by making statements about cryptocurrencies.
early life
Jordan Belfort was born in 1962 in the Bronx, New York, to Jewish parents who were both accountants. Around 16, Belfort and his close childhood friend made $20,000 selling Italian ice from styrofoam coolers at a local beach. Then, she graduated from American University with a biology degree. Later, he enrolled in dental school with the money he earned by selling ice cream. However, he dropped out when he learned that dentists were now making little money. After working multiple jobs, he turned his attention to entrepreneurship and Wall Street.
Who is Jordan Belfort?
Jordan Belfort is an American entrepreneur, former stockbroker, motivational speaker, author, and financial criminal. In 1999, he was charged with fraud and money laundering in connection with his firm Stratton Oakmont’s market manipulation schemes that evaporated the capital of millions of investors. Belfort, who was subsequently sentenced to 22 months in prison, wrote the book “The Wolf of Wall Street” during this time. This autobiographical book about Belford’s time as a stockbroker was animated by Leonardo DiCaprio in 2013.
After several scandals and imprisonment for fraud, Belfort devoted himself to giving a speech. Accordingly, the Wall Street Wolf has reinvented himself as a motivational speaker. The main topic of these speeches is the distinction between greed, ambition and passion on Wall Street.
Jordan Belfort and cryptocurrencies
Jordan Belfort recently revealed that he was a victim of digital asset scams. Belfort stated that hackers stole $300,000 worth of digital assets from his crypto wallet. He also told a friend that his stolen coins were OM tokens. After that, he decided to host several Blockchain advocates at his home. Belfort explained to these individuals that he had received multiple offers to print wolf-themed NFTs. However, he added that he rejected all these offers, calling NFTs “bad”.
cryptocoin.com Jordan Belfort said that he now believes in Bitcoin and Blockchain. Expressing that he has changed his mindset about crypto in the last few years, Belfort explained that he is struggling to learn how it works. He later said he discovered that these technologists would be “a part of our lives forever.” However, he added that he has several investments in some crypto startups. Belfort plans to launch a pet-themed crypto project in the near future.
What is the Jordan Belfort fortune?
Jordan Belfort was fined $110 million by law enforcement agencies after the scandal in 1999. According to the information obtained, Belfort paid 14 million dollars of this fine. As of 2022, Jordan Belfort’s estimated fortune is around $2 million. However, when the 96 million dollars that Belfort has to pay are taken into account, we can say that the Wall Street Wolf is negative.
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