How exactly did Jordan Belfort get rich?
How exactly did Jordan Belfort get rich?
During the boiler room days, Belfort would promote penny stocks through intensive marketing which drove up the price of these stocks. Then, Belfort would instruct his team of investors to dump the stock making him millions of dollars over time.
How much did Jordan Belfort make in total?
Jordon Belfort was born in 1962 in the Bronx borough of New York City to Jewish parents. At his peak, Jordon Belfort’s net worth has exceeded $2 Billion US Dollars.
How much does Jordan Belfort owe to the IRS?
At his sentencing in 2003, Belfort was ordered to pay US$110.4 million in restitution and other penalties, but the government says he still owes about $97 million.
Did Donnie rat out Jordan?
Donnie goes to the FBI with the card to rat Jordan out, for his own appeal for a lighter sentence. Jordan is arrested and taken in for his breach in agreement, betraying Jordan’s trust.
