Jordan Ross Belfort was born on July 9th, in 1962. His place of birth was in Queens, New York. He is an American author, public speaker, and a previous stockbroker. While Belfort was still young, his talents as a salesman were evident as he worked with one of the seafood and meat business company at that time. Later on, after the company closed business, he ventured into the stock market in 1987. Soon, he was operating Stratton Oakmont, his own stock market business. The company made millions out of the fraudulent activities it engaged in with its investors. A few years later, Securities Exchange Commission came in to rescue innocent investors by stopping the company’s operations in 1992.
Seven years later, Belfort pleaded guilty to fraud and money laundering activities. In 2003, he got his 4-year sentence in prison out of which he only served for one year and ten months. In 2008, he published his biography named The Wolf of Wall Street which was followed closely by Catching the Wolf of Wall Street year later.
Early Life
Jordan Belfort was born in 1962 in Queens, New York. His parents were Max Belfort and Leah Belfort. Both Max and Leah were professional accountants. After Belfort completed his high school education, he enrolled at University of Maryland School of Dentistry but did not manage to complete the course that he had started. However, he did graduate after studying biology at the American University.
advertisement
advertisement
Early Career –Stock Trading
During the early part of his career, Jordan Belfort in his memoirs argues that business was booming. In this period, he worked as a meat and seafood salesman in New York. His business venture grew, and he went on to employ other people to work for him. Ultimately, this business failed. It is after his failure in business that one of their family friends helped him land an internship job at L.F. Rothschild. He began as a stockbroker trainee at this organization. In 1987, the organization was financially troubled after Black Monday stock market issues affected it. Belfort was laid off his duties.
advertisement
advertisement
