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Jordan Belfort

American author, motivational speaker and former white collar criminal who spent 22 months in jail for offences related to stock market manipulation and running a boiler room


He became notorious in the 1990s for founding the brokerage firm Stratton Oakmont which functioned as a boiler room, and also for his hard-partying lifestyle, which included a serious drug addiction. The firm also served as inspiration for the film Boiler Room. As the owner of Stratton Oakmont, he employed over 1000 stockbrokers and raised over $1 billion for small-cap public companies, including footwear company Steve Madden Ltd. Alabama Securities Commissioner Joseph Borg pushed the formation of a multi-state task force which eventually led to the prosecution of Stratton Oakmont after his office was inundated with complaints regarding the brokerage. Belfort was indicted in 1998 for securities fraud and money laundering. After cooperating with the FBI, he served twenty-two months in federal prison for a Pump and dump scheme, which resulted in investor losses of approximately $200 million.

Reportedly sober for thirteen years, Belfort’s two bestselling memoirs, The Wolf of Wall Street and Catching the Wolf of Wall Street, have been published in approximately forty countries and translated into eighteen languages. Belfort was ordered to pay back the $100 Million that he took from the stock brokers. His life-story is currently being turned into a motion picture by Warner Brothers, with Leonardo Dicaprio set to star and Ridley Scott set to direct. Filming is set to begin in 2010. He has toured internationally as a motivational speaker, discussing how to achieve success without sacrificing integrity and ethics. Belfort currently resides in Los Angeles.

(Profile information sourced from Wikipedia and other publicly available internet sources.)

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