Jordan Belfort

Jordan Belfort ( born July 9, 1962 in New York City ) is an American author and motivational speaker. From the late 1980s he earned as a trader a millionaire. In 1998 he was convicted for his involvement in securities fraud and money laundering to several years in prison. 2007 published his memoirs, which were filmed in 2013 by Martin Scorsese as The Wolf of Wall Street.

Life

Jordan Belfort was born in New York City, the son of an accountant and grew up in middle-class background. He studied at the American University and then began training as a dentist at the Baltimore College of Dental Surgery, which he, however, directly broke on the first day after the dean told the students that the "golden age of dentistry " is over and this is the wrong training for people who just wanted to " make lots of money " only. He then beat for a time with the sale of meat and seafood by before he went to Wall Street in 1987. He was briefly as a stockbroker at L. F. Rothschild worked. The company was closed after the stock market crash on Black Monday and Belfort was initially unemployed. He then hired at a small broker company in Long Iceland, the penny stocks mainly sold. Through his talent for sales Belfort had with the penny stocks whose margins were much higher than in blue-chip stocks, quickly earning a high income.

Subsequently, he founded with his friend Danny Porush, the brokerage firm Stratton Oakmont. The company grew in the late 1980s and early 1990s with over 1,000 employed stockbrokers soon to become one of the largest brokerage companies in the United States. Stratton Oakmont managed the IPOs of more than 35 companies and managed investment in billions of dollars. At age 26, Belfort was a multi-millionaire and made from now on mainly by his excessive lifestyle and drug abuse talked about. In 1997, he left his yacht captain Nadine from control in a storm off the coast of Sardinia, where the ship sank. Belfort and the remaining people on board were rescued by the Italian Coast Guard.

Stratton Oakmont was excluded for cheating the customers in 1997 from the National Association of Securities Dealers and closed the following year by the United States Securities and Exchange Commission. The investors a loss of over 200 million U.S. dollars was incurred until then. Belfort was sentenced to four years in prison for securities fraud and money laundering, with his cooperation with the FBI and the prosecutor acted in mitigation of punishment. After 22 months, he was released from prison. While in detention, he learned Tommy Chong know who motivated him to publish his life story in book form. After his release Belfort wrote his memoirs, which quickly developed into a bestseller and later appeared in a German translation as The Wolf of Wall Street. The book was translated in 18 languages. 2011 followed Belfort second book The Hunt for the Wolf of Wall Street. In Martin Scorsese's biopic The Wolf of Wall Street, he was portrayed by Leonardo DiCaprio. Belfort himself had a cameo appearance as a presenter at a sales training session in the movie.

Belfort was married twice and has two children from his second marriage. Both marriages ended in divorce.

He lives in Manhattan Beach, California and works as a business consultant and motivational speaker. Of the total of 110 million U.S. dollars, which he should pay back 1,513 injured since 2003, Booth 2013 were paid, according to the indictment only 11.6 million U.S. dollars, including more than 10 million of confiscated land. Although he had taken through royalties for his books, the sale of film rights and income from his motivational training more than 1.7 million U.S. dollars that he had paid between 2009 and 2013 only 243,000 U.S. dollars to the victims. Belfort pointed to this as " lies" back.

Works

• The Wolf of Wall Street. Kulmbach, exchange media, 2008, ISBN 978-3-938350-74-4
• The Hunt for the Wolf of Wall Street: As the incredible story of Jordan Belfort went on. Kulmbach, exchange media, 2011, ISBN 978-3-942888-78-3