Today, few figures in the financial industry can claim as much influence over Wall Street's reputation as Jordan Belfort. In 1999, he pleaded guilty to a host of crimes committed as a stock market trader. Belfort manipulated stocks and ran long-term scams involving penny stocks.
Let's find out more about him and his story before getting to where he is now.
Jordan Ross Belfort is a world-renowned entrepreneur, speaker, and author. He's spent time as a stockbroker and was a convicted felon, where he spent 22 months in prison. He was born on July 9, 1962, in New York City. He was raised in Bayside, Queens, by his parents, who were both accountants.
In this post, you will find information and pictures of Jordan Belfort’s current girlfriend.
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The Life Story of Jordan Belfort
Jordan used to sell Italian ice from styrofoam coolers with his childhood friend, Elliot Lowenstern, and earned $20,000. He graduated with a degree in biology from American University. He used the money he earned in selling Italian ice for enrolling in a dental school and went to the University of Maryland School of Dentistry. On his first day, the school dean said to him, "The golden age of dentistry is over. If you're here simply because you're looking to make a lot of money, you're in the wrong place." These words made him leave the school.
Belfort started his business by going door-to-door, selling meat and seafood. He grew this business to employ other people and eventually sold 5,000 pounds of beef and fish every week. He filed for bankruptcy around the age of 25.
The Rise to Fame and Controversies of Jordan Belfort
Jordan Belfort founded Stratton Oakmont as a subsidiary of Stratton Securities. Stratton Oakmont operated as a boiler room involving "pump and dump" scams, which usually involved the rapid circulation of stock by unscrupulous market operators. They would then sell the shares at a profit, leading to the loss of millions of dollars for investors. At Stratton, Jordan became addicted to drugs and spent years indulging in lavish parties and intensive drug abuse, which led to his downfall.
At one point, Stratton Oakmont employed over 1,000 stockbrokers, who were responsible for orchestrating stock issues totaling more than $1 billion. This included being responsible for the initial public offering of footwear company Steve Madden.
Stratton Oakmont was observed throughout its existence by the National Association of Securities Dealers (now the Financial Industry Regulatory Authority). Starting in 1989, it was judged as not compliant with many regulations, and in December 1996, they were expelled by the NASD. The story gets more interesting from there—Belfort was indicted for securities fraud and money laundering in 1999.
Jordan Belfort is the author of two memoirs: The Wolf of Wall Street and Catching the Wolf of Wall Street. They have been published in approximately 40 countries and translated into 18 languages. The film adaptation of his two memoirs, starring Leonardo DiCaprio, Jonah Hill, and Margot Robbie, opened in 2013 and was directed by Martin Scorsese. It received a $500,000 advance from Random House and went on to become a bestseller. That was before a bidding war ensued for the movie rights.
Belfort has given a number of motivational speeches, one in Australia, entitled "The Truth Behind His Success." He also focused on many other topics, such as sales skills and entrepreneurship.
Jordan Belfort's Marriages and his Now-Wife, Cristina
Jordan's first wife, Denise Lombardo, divorced because of speculation that Jordan cheated with Nadine Caridi. The two had two children, Chandler and Carter. After their divorce, Jordan married Nadine in the same year. However, they separated because Nadine accused Jordan of domestic abuse.
Now, Jordan is married to Cristina Invernizzi after two years of being in a relationship. They held the wedding in a small ceremony in Las Vegas.
Scroll down to see pictures of Jordan Belfort with his girlfriend Cristina Invernizzi
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Get to Know Cristina Invernizzi
Cristina Invernizzi was born in Arlington, Texas. She is a model and competed and won in many beauty pageants like the Punta del Este Uruguay. Christina studied human resource management and eventually transitioned to being a professional model. She also worked as an auctioneer and a public broker.
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