People Who Kick Buts: Jordan Belfort
The only thing standing between you and your goal is the bullshit story you keep telling yourself as to why you can’t achieve it.
- Born on July 9, 1962.
- A former white collar criminal who spent 22 months in jail for offences related to stock market manipulation and running a boiler room.
- In the 1990s, he founded brokerage firm Stratton Oakmont which functioned as a boiler room, and developed a hard-partying lifestyle, which included a serious drug addiction.
- The firm also served as inspiration for the 2000 film Boiler Room. As the owner of Stratton Oakmont, he employed over 1000 stockbrokers and was involved in stock issues totalling more than $1 billion, including an equity raising for footwear company Steve Madden Ltd.
- Belfort was the final owner of the 37m yacht the Nadine (renamed after his second wife) originally built for Coco Chanel which by the time it was sunk had been extended to over 50m.
In June 1997, it sank off the east coast of Sardinia.
The Italian Special Forces were called to rescue all aboard the vessel – no one was harmed. In his book, Belfort details how he insisted on sailing out in high winds against the advice of his Captain which eventually caused the ship to sink as result of violent waves smashing the foredeck hatch. Features of the Nadine included a helicopter, 8 jetskis and 4 or 5 tenders.
- Reportedly sober for 14 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.