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What is the net worth of the ‘Wolf of Wall Street’ J. Belfort? 2024 figures

What is the net worth of the ‘Wolf of Wall Street’ J. Belfort? 2024 figures
Elmaz Sabovic

Jordan Belfort, a former Wall Street stockbroker, remains prominent in finance. Despite facing legal challenges related to fraud, Belfort often referred to as the “Wolf of Wall Street,” has pursued various ventures, amassing a significant fortune valued in the millions of dollars.

Specifically, Belfort’s involvement in diverse high-yield investment products has led to an estimated net worth of $115 million as of February 2024, according to data from caknowledge, while Medium estimates it at between $100 million and $134 million. Meaning that his finances have shrunk by $19 million since the previous report.

His wealth breakdown comprises an annual income of $18 million derived from book sales. Notably, Belfort authored “The Wolf of Wall Street,” a book chronicling his career journey in finance, which achieved significant success. This triumph spawned a sequel, “Catching the Wolf of Wall Street.”

A substantial portion of his income stems from his motivational speaking engagements, ranging from $30,000 to $75,000 per booking for a virtual event and over $200,000 for a live one. These engagements generate approximately $9 million in annual revenue.

Jordan Belfort properties

Jordan Belfort’s asset portfolio encompasses an array of holdings, including 12 real estate properties, three yachts, and 9 automobiles. In addition, he maintains a significant cash reserve exceeding $32 million alongside an investment portfolio comprising 8 stocks valued at $15 million.

Noteworthy among his collection of vehicles are a Lexus ES valued at $135,000, a Ferrari Portofino valued at $700,000, a Bugatti Chiron valued at $3 million, an Alfa Romeo Giulia valued at $90,000, and a Jaguar XE valued at $125,000. 

Furthermore, Belfort resides in a 10,000-square-foot mansion on New York’s East End, which he purchased for $27 million.

Different accounts of his wealth

During his sentencing in 2003, Belfort was mandated to repay $110 million as restitution. Following a 22-month incarceration, he was released in April 2008.

As per the initial restitution terms, he was obligated to allocate 50% of his gross income to his 1,513 victims. Between 2007 and 2009, he made payments totaling $700,000 towards restitution, but no payments were made in 2010.

In 2013, the United States government agreed to modify his restitution arrangement from 50% of all gross earnings to a guaranteed minimum payment of $10,000 per month for life.

Jordan has only reimbursed approximately $13-14 million towards restitution. The majority of this amount, around $11 million, was obtained through the sale of property forfeited at the time of sentencing. Consequently, he remains indebted to his victims for approximately $100 million.

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