How does the “Wolf of Wall Street” live, who owes $100 million for fraud?

Jordan Belfort, 54, immortalized in the 2013 film The Wolf of Wall Street, is back to normal after serving 22 months in prison for fraud. In the famous film, his character is played by Leonardo DiCaprio.

In the late 80s, the Wolf of Wall Street, Jordan Belfort, rose to prominence by trading junk stocks. He sold himself and taught his brokers how to sell worthless shares to their clients for serious money. For example, in the late 1980s he bought shares in the company Nova Capital by $ 1 per unit. Most of the certificates subsequently Belfort sold at prices ranging from $ 2,50 to $ 2,75, eventually increasing the price to $ 9. After the sale, the value of the securities fell.

Фото: Depositphotos

Thanks to numerous deals Stratton oakmont, Belfort earned almost a million a week. In the end, for money laundering and fraud, Belfort went to prison in the 1998 year on the 22 month. There he found a way to earn and feel rich in a legitimate way.

“There is no dignity in poverty. I've been poor and I've been rich. And every damn time I choose to be rich,” is Jordan Belfort’s main motto.

Today Belfort works as a business consultant. Companies seeking his services include: HSBC, Wells Fargo, The Metropolitan Life Insurance, Symantec and more 45 items from the list F. Jordan Belfort continues to trade in stocks, but now he risks his own money, and not someone else's money. In addition, he is a well-known speaker and business coach. More than 5 million people visited his straightforward persuasion trainings.

“I really developed my ability to sell, I was head and shoulders above all the brokers. And then I realized that you can teach others how to sell. Yes, I’m an excellent salesman, I won’t deny it, but I’m 10 times better as a business coach,” Jordan Belfort says about himself.

In 2014, Belfort promised to pay $ 100 million to more than 1500 to the victims of his fraud. However, after 3 after that, he still owes this amount and at the same time allows himself to live like a king. Now he pays from $ 4 to $ 5 thousand monthly. Belfort will take 1600 years to pay the debt in full at such a pace.

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