Monday, January 13, 2014

Millionaire, Convicted and Rebuilt - The Wolf's Activities After His Release From Jail

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By Peter Jenkins


Jordan Belfort, frequently called the Wolf of Wall Street, from his previous books, lifestyle, business and now film, was born to accountant parents Max and Lear Belfort in 1962. Jordan is famous for founding a stock broking firm on Wall Street during the 1990s, Stratton Oakmont, although, Jordan's company was based on Long Island not Wall Street. His sales methods, and his crave to become famous and rich, led him to create Stratton Oakmont; which was a firm that sold inexperienced investors valueless stocks, and abandoned them once the stocks plummeted. This business made him serve a 22-month jail term and restitution 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. Him and his employees got rich fast and lived on the fast lane of life, partying hard and abusing drugs.

Activities after jail


While serving his purportedly 4 years jail term, which became only 22 months after collaborating with the authorities 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. Belfort's two publications; The Wolf of Wall Street and Catching the Wolf of Wall Street, made him a mulit millionaire. As well as the publications, one of his titles has been adapted into a film with the same name, The Wolf of Wall Street, starring Matthew McConaughey and Leonardo Dicaprio.

Speaking at Business Events

No one can deny that Jordan is a bright man, he had the energy and the will to make his fortune and spent the cash as he saw fit. While, his tactics landed him in jail, he, now a self-proclaimed businessman, says he learnt from his mistakes and has reformed. Jordan travels the world giving motivational business talks to budding entrepreneurs and industrial 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, ethical ways of making large sums of money. In a world that focuses and cares more on getting rich, and not on the means, Jordan Belfort feels obliged to teach individuals and corporates ethical ways of making money so that the riches and or means to those riches do not land other people into trouble as they did him.


Jordan Belfort made fast millions of dollars with his fraudulent stock brokerage firm, Stratton Oakmont in the 1990s, but paid dearly for it, serving 22 months in jail and ordered to make over $110 million in restitution. Jordan became rich quickly, he spend money like it was water, he attended jail and rehabilitation, however, Jordan learned a valuable lesson in life, and he now travels around the world to teach. 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.

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