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.”
Picks for you
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.
