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Jordan Belfort was born in Queens, New York known for JFK airport and the Mets. Queens is a very diverse urban area which may have led to some of Belfort's success and being able to experience this much culture.
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After Belfort's meat and seafood business failed he started selling stocks. His first job in the stock market was for a firm called L.F. Rothschild.
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Stratton Oakmont was the brokerage firm from which Belfort scammed many people. It did not last very long for him before getting caught and forced to end the company.
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While Stratton Oakmont was being investigated Forbes wrote an article on him. In this article is where the line of Belfort being called a "twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers"
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After undergoing further investigation from the NASD Stratton was shit down due to improper stock-price markups. Then it was proceeded to be liquidated.
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Belfort ordered his ship captain to power through rough waters and sank his 167 foot yacht. Everyone survived but not without the help of the Italian navy.
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Jordan Belfort pleaded guilty of his wrong doings. In the movie he was shown warning his colleagues but in fact he snitched on all of them with no warning.
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Jordan was sentenced to four years in prison for his actions. Belfort only served 22 months of his sentenced and was released in April of 2006.
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Belfort released his book or memoir of his time as a stock broker. He became interested in writing while in jail and eventually was persuaded to write about his experiences.
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The movie The Wolf of Wall Street was released and based off of the apparent events that took place in his life before jail. The movie made Belfort over a million dollars himself.
