Millionaire, Convicted and Rebuilt - The Wolf's Activities After His Release From Prison

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Information about Millionaire, Convicted and Rebuilt - The Wolf's Activities After His...

Published on April 27, 2014

Author: michael44a

Source: slideshare.net

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Millionaire, Convicted and Rebuilt - The Wolf's Activities After His Release From Prison

Introduction

Jordan Belfort, frequently called the Wolf of Wall Street, from his previous books, life-style, business and now film, was born to accountant parents Max and Lear Belfort in 1962. Jordan is renowned for founding a stock broking firm on Wall Street during the 1990s, Stratton Oakmont, although, Jordan's business was based on Long Island not Wall Street. His sales methods, and his crave to become famous and rich, led him to create Stratton Oakmont; which was a firm that sold inexperienced investors valueless stocks, and deserted them once the stocks plummeted. This affair made him serve a 22-month jail term and damages payments to the people he defrauded. When running Stratton Oakmont, Jordan

made in excess of $1 billion dollars via a number of loyal workers he had hired to carry out penny stock sales to prospective investors. Jordan and his workforce got rich quickly, they lived life in the fast lane, abusing drugs and partying hard.

Ventures After Prison

Books

While serving his supposedly 4 years jail term, which became only 22 months after collaborating with the government on his case, Jordan was lucky, or otherwise, to share a jail room with Tommy Chong, serving his 9 months sentence after a sentence of selling drug paraphernalia online. Tommy inspired Jordan to make his life's story a book, after listening much of what went down in Jordan's life. Belfort's two publications; The Wolf of Wall Street and Catching the Wolf of Wall Street, made him a mulit millionaire. One of the books has now been turned into a movie picture that has been given the same title. The movie is called The Wolf of Wall Street; it stars Matthew McConaughey and Leonardo

DiCaprio.

Speaking at Business Events

No one can deny that Jordan is a bright man, he had the drive and the will to make his fortune and spent the cash as he saw fit. While, his tactics landed him in jail, he, now a self-proclaimed businessman, says he learnt from his mistakes and has reformed. He travels around the world offering business motivational talks to young business people as well as gurus in the industry. He earns around $30,000 from each speech, a small sum in comparison with his earnings from Stratton Oakmont, but he has successfully inspired many business-oriented people on good, honorable ways of making large sums of money. In the modern world, the emphasis is on becoming wealthy, regardless of the methods, thus

Jordan Belfort feels obligated to educate corporations and individuals about ethical business methods, so that the profits and the methods the profit is made does not get other people in trouble with the law, like they did with him.

Summary

Jordan Belfort managed to make millions of dollars running his crooked stock brokerage company, Stratton Oakmont, during the 1990s, but Jordan paid a heavy price for his wrongdoing; he served a 22 month jail term and was ordered to repay in excess of $110 million. Following his fast rise to wealth, and quick spending, along with his prison sentence and rehabilitation, Belfort learned important lessons, which he currently travels the world to teach. Jordan teaches people how to make ethical business decisions and ways of overcoming obstacles that stand in their way; this, he hopes, will save others from undergoing the suffering that he was subjected to.

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