Overview
Jordan Belfort, habitually called the Wolf of Wall Street, from his previous books, life-style, business and now movie, was born to accountant parents Max and Lear Belfort in 1962. Jordan is renowned for founding a stock broking firm on Wall Street during the 1990s, Stratton Oakmont, however, Jordan's company was based on Long Island not Wall Street. His sales methods, and his passion to become famous and rich, led him to found Stratton Oakmont; which was a firm that sold inexperienced investors valueless stocks, and abandoned them once the stocks plummeted. This affair made him serve a 22-month jail term and damages payments to the people he defrauded. While running Stratton Oakmont, he made over $1 billion dollars from the over 1,000 loyal employees he contracted to do the penny stocks sales to investors. Jordan and his workforce got rich quickly, they lived life in the fast lane, abusing drugs and partying hard.
Activity after Jail
Publications
While serving his purportedly 4 years jail term, which became only 22 months after collaborating with the government on his case, Jordan was lucky, or otherwise, to share a jail room with Tommy Chong, serving his 9 months sentence after a sentence of selling drug paraphernalia online. Tommy inspired Jordan to make his life's story a book, after listening much of what went down in Jordan's life. Jordan wrote two books, The Wolf of Wall Street and Catching the Wolf of Wall Street, which have earned him millions of dollars. In addition to the books, one of his books has been made into a motion picture with the same title, The Wolf of Wall Street, with Leonardo Dicaprio and Matthew McConaughey comprising actors.
Business motivational talks
No one can deny that Jordan is a clever man, he had the drive and the will to make his luck and spent the cash as he saw fit. Although, his tactics landed him in jail, he, now a self-proclaimed businessman, says he learnt from his mistakes and has reformed. He travels across the globe, giving business speeches to young entrepreneurs, along with industry gurus. He earns around $30,000 from each speech, a modest sum in comparison with his earnings from Stratton Oakmont, but he has successfully inspired many business-oriented people on good, honorable ways of making large sums of money. In the modern world, the emphasis is on becoming wealthy, regardless of the methods, thus Jordan Belfort feels obligated to educate corporations and individuals about ethical business methods, so that the profits and the methods the profit is made does not get other people in trouble with the law, like they did with him.
Conclusion
Jordan Belfort managed to make millions of dollars running his crooked stock brokerage company, Stratton Oakmont, during the 1990s, but Jordan paid a heavy price for his wrongdoing; he served a 22 month jail term and was ordered to repay in excess of $110 million. From his quick rise to riches, and fast spending, as well as jail term and rehab, Jordan learnt valuable lessons, which he, now, travels around the world teaching. Jordan teaches people how to make ethical business decisions and ways of overcoming obstacles that stand in their way; this, he hopes, will save others from undergoing the suffering that he was subjected to.
Jordan Belfort, habitually called the Wolf of Wall Street, from his previous books, life-style, business and now movie, was born to accountant parents Max and Lear Belfort in 1962. Jordan is renowned for founding a stock broking firm on Wall Street during the 1990s, Stratton Oakmont, however, Jordan's company was based on Long Island not Wall Street. His sales methods, and his passion to become famous and rich, led him to found Stratton Oakmont; which was a firm that sold inexperienced investors valueless stocks, and abandoned them once the stocks plummeted. This affair made him serve a 22-month jail term and damages payments to the people he defrauded. While running Stratton Oakmont, he made over $1 billion dollars from the over 1,000 loyal employees he contracted to do the penny stocks sales to investors. Jordan and his workforce got rich quickly, they lived life in the fast lane, abusing drugs and partying hard.
Activity after Jail
Publications
While serving his purportedly 4 years jail term, which became only 22 months after collaborating with the government on his case, Jordan was lucky, or otherwise, to share a jail room with Tommy Chong, serving his 9 months sentence after a sentence of selling drug paraphernalia online. Tommy inspired Jordan to make his life's story a book, after listening much of what went down in Jordan's life. Jordan wrote two books, The Wolf of Wall Street and Catching the Wolf of Wall Street, which have earned him millions of dollars. In addition to the books, one of his books has been made into a motion picture with the same title, The Wolf of Wall Street, with Leonardo Dicaprio and Matthew McConaughey comprising actors.
Business motivational talks
No one can deny that Jordan is a clever man, he had the drive and the will to make his luck and spent the cash as he saw fit. Although, his tactics landed him in jail, he, now a self-proclaimed businessman, says he learnt from his mistakes and has reformed. He travels across the globe, giving business speeches to young entrepreneurs, along with industry gurus. He earns around $30,000 from each speech, a modest sum in comparison with his earnings from Stratton Oakmont, but he has successfully inspired many business-oriented people on good, honorable ways of making large sums of money. In the modern world, the emphasis is on becoming wealthy, regardless of the methods, thus Jordan Belfort feels obligated to educate corporations and individuals about ethical business methods, so that the profits and the methods the profit is made does not get other people in trouble with the law, like they did with him.
Conclusion
Jordan Belfort managed to make millions of dollars running his crooked stock brokerage company, Stratton Oakmont, during the 1990s, but Jordan paid a heavy price for his wrongdoing; he served a 22 month jail term and was ordered to repay in excess of $110 million. From his quick rise to riches, and fast spending, as well as jail term and rehab, Jordan learnt valuable lessons, which he, now, travels around the world teaching. Jordan teaches people how to make ethical business decisions and ways of overcoming obstacles that stand in their way; this, he hopes, will save others from undergoing the suffering that he was subjected to.
About the Author:
The Wolf of Wall Street, the story of a multi millionaire convicted, sent to prison for fraud and rebuilt from scratch to make millions again.
No comments:
Post a Comment