Jordan Belfort: Biography, Career And Personal Life

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Jordan Belfort: Biography, Career And Personal Life
Jordan Belfort: Biography, Career And Personal Life

Video: Jordan Belfort: Biography, Career And Personal Life

Video: Jordan Belfort: Biography, Career And Personal Life
Video: The REAL Wolf of Wall Street Story: Jordan Belfort 2024, December
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You can't live in the world without money. Stock and financial exchange brokers can make huge amounts of money. This art is taught by the infamous motivational speaker Jordan Belfort.

Jordan Belfort
Jordan Belfort

Commercial talent

The foundation for large-scale success is most often laid in the early stages of development. Jordan Belfort was born on July 9, 1962 into an American family. Parents lived in New York. My father worked as an accountant. The mother provided legal services. From a young age, the child was in an atmosphere where the topics of business, benefits and interest on loans were discussed. The boy earned money at an early age and showed ingenuity in this matter.

Studying in elementary school, the future tycoon of the financial market, earned money by selling ice cream on the beach. Then he organized a full-fledged business of selling seashell necklaces. Jordan hired two boys who carried out his assignments and received a salary for it. Belfort did well at school. In the next stage of his life he graduated from the University of Washington and received a higher education.

Market player

Belfort's start-up business was built on the resale of meat and seafood. The entrepreneur turned twenty-three. The company had its own fleet of trucks, a network of suppliers and consumers. The company went bankrupt three years later. Summarizing the accumulated experience, Jordan decided to make a career in the securities market. In the first phase, he was selling cheap stocks over the phone, working as a broker for hire.

After some time, Belfort established his own stock trading company and received the corresponding license. The peculiarity of the work was that brokers were selling shares at a low price. However, the seller's commission was at least 50%. Shares of this quality were issued by the owners of unpromising projects. In fact, an investor who bought such shares could not get their money back. This caused natural discontent, and market participants complained to the supervisory authorities.

Personal life plots

Risky and often outright fraudulent transactions have led to the fact that Belfort came to the attention of financial regulators and the federal security service. In 1998, after covert surveillance, he was arrested and charged. Jordan made a deal with the investigation. As a result, he got off with a minimum sentence and a substantial fine. The biography of the notorious broker says that he spent less than two years in prison.

Everything is known about Belfort's personal life. The first marriage was short-lived. In the second union, the husband and wife lived for several years. The family has two children. After his release from prison, Jordan pursued a career as a business coach and writer. Based on his autobiographical book, the cult film "The Wolf of Wall Street" was shot. Belfort came to Russia and gave a master class for local entrepreneurs.

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