What Happened To The Real Jordan Belfort After The Wolf Of Wall Street
Owen Barnes
As crazy as it seems, The Wolf of Wall Street was based on the true story of Jordan Belfort, who went on to deal with the consequences of his actions.
Summary
- The movie The Wolf of Wall Street is based on Jordan Belfort's memoirs but may not accurately portray the entire story, as key figures in his life have disputed certain events.
- After his release from prison, Belfort became a motivational speaker and writer, conducting seminars and covering topics such as business ethics, motivation, sales techniques, and entrepreneurship.
- Belfort faced controversy in 2015 when his involvement with a career training agency in Australia raised questions about the use of taxpayer money for his events, although he downplayed his relationship with the organization.
The Wolf of Wall Street chronicles the exploits of real-world Wall Street mogul Jordan Belfort, but it does not delve deeply into what happens to the con artist following the events of the movie. The Wolf of Wall Street is based on Belfort's own memoirs, casting doubt on some of the more outrageous moments depicted in the film. While the movie is certainly faithful to Belfort's memoirs, key figures in Belfort's life have disputed how accurate The Wolf of Wall Street is to the true story.
The Wolf of Wall Street includes brief information about Belfort's next career move following his arrest, but much of what happened after remains uncovered in the film. The real Belfort undoubtedly had to deal with the financial consequences of his illegal actions, and per The Wall Street Journal, a large percentage of Belfort's earnings serve as restitution for the investors he scammed out of millions. However, Belfort's next career move represented a somewhat positive step toward helping others, though controversy has continued to follow him.
The Real Jordan Belfort Became A Motivational Speaker & Writer After The Wolf Of Wall Street
The epilogue scene of The Wolf of Wall Street provides a glimpse into one of the ventures the real Belfort pursued after his release from prison: motivational speaking. As noted by Business Week, Belfort left the finance world behind in favor of speaking engagements, which he typically traveled across Australia for. Belfort's seminars have covered a number of topics, including business ethics — a discussion largely aided by a recounting of his own nefarious business practices — as well as motivation, sales techniques, and entrepreneurship.
Following his release from prison, Belfort wrote two memoirs: The Wolf of Wall Street in 2007, which is the source material for the Scorsese film, and Catching the Wolf of Wall Street in 2009, which chronicles his life following his arrest. Both books feature a writing style and language that aligns with Leonardo DiCaprio's vulgar portrayal of Belfort on the big screen. The former con man wrote a third book in 2017 titled Way of the Wolf: Straight Line Selling: Master the Art of Persuasion, Influence, and Success, which outlines the sales techniques that made Belfort and his accomplices so successful as they manipulated customers on Wall Street.
Jordan Belfort Came Under Fire For An Australian Training Scandal In 2015
Belfort has remained under fire after his real-life fraud indictment. As Investment News noted in 2018, Belfort was not making restitution payments as quickly as he should have been. However, the most significant recent scandal that Belfort has been involved with occurred in Australia in 2015, where investigative reporting uncovered links between Belfort and a career training agency. As noted in the Courier Mail, Belfort held two workshops for the organization Face to Face Training, which received taxpayer money to conduct trainings and assessments but reportedly did not use it for his events. Belfort has downplayed his relationship with Face to Face Training, as has the organization's majority owner.
Source: The Wall Street Journal, Business Week, Investment News, Courier Mail