Jordan Belfort

By WM6

  • Birth

    Birth
    Jordan Belfort was born on July 9th 1962, in the Bronx New York

  • Early Life

    Early Life
    Jordan was raised in the Bronx and spent his childhood there, until he graduated high school and went onto college

  • First Business

    First Business
    Belfort starts his first business after college, being a door-to-door meat and seafood salesman.

  • Bankruptcy

    Bankruptcy
    Belforts business ended up failing and he filed for bankruptcy at age 25.

  • L.F. Rothschild

    After going bankrupt Belfort was introduced to a family friend who go this a job at L.F. Rothschild but was only there for about 6 month before Black Monday hit and the firm got shut down.

  • Stratton Oakmont

    Belfort proceeds to start his own stock broking company called Stratton Oakmont. this is where he would buy and penny stocks and defrauded investors with "pump and dump" stock sales where would live a lavish party lifestyle consuming recreational drugs.

  • Sock Market

    Sock Market
    Jordan had over 1,000 stock brokers and was involved in stock issues totaling more than $1 billion and became known as the Wolf of Wall Street

  • Investigation

    Stratton Oakmont was under near-constant scrutiny from the National Association of Securities Dealers from 1989 onward.

  • Oakmont shut down

    Finally, in December 1996, the NASD expelled Stratton Oakmont, putting it out of business.

  • Belfort sentenced

    Belfort sentenced
    Belfort was then indicted for securities fraud and money laundering in 1999.

  • Jordan in jail

    Belfort served 22 months of a four-year sentence at the Taft Correctional Institution in Taft, California, in exchange for a plea deal with the Federal Bureau of Investigation for running pump-and-dump scams that led to investor losses of approximately $200 million

  • Belfort is broke

    Belfort was ordered to pay back $110.4 million that he swindled from stock buyers.

  • Chong

    Belfort shared a cell with Tommy Chong while serving his sentence, and Chong encouraged him to write about his experiences as a stockbroker. The pair remained friends after their release from prison, with Belfort crediting Chong for his new career direction as a motivational speaker and writer