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

By Peter Jenkins


Introduction

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 corporation 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 business made him serve a 22-month jail term and indemnification payments to the people he defrauded. Whilst operating Stratton Oakmont, he earned more than one billion dollars, with the help of over one-thousand loyal staff he hired to sell penny stocks to investors. Jordan and his workforce got rich quickly, they lived life in the fast lane, abusing drugs and partying hard.

Activities after jail

Publications

While serving his supposedly 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 conviction of selling drug paraphernalia online. Tommy inspired Jordan to make his life's story a book, after hearing 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.

Motivational Business Talks

No one can deny that Jordan is a clever man, he had the determination and the will to make his fortune 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 around the world offering business motivational talks to young business people as well as gurus in the industry. He earns around $30,000 from each speech, a small 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 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.

Summary

Jordan Belfort became a multi millionaire quickly, with his scam stock brokerage company, Stratton Oakmont, during the nineties, however he paid the price; serving twenty-two months in prison and paying more than $110 million in compensation. 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. He capacity builds people to overcome their obstacles and make ethical business decisions, to save others from the suffering his actions inflicted on others.




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