wolf of wall street yacht sinking

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How Jordan Belfort's 37m superyacht Nadine sank off the coast of Sardinia

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Coco Chanel was famously outspoken on many things, but yachting, in particular, attracted her ire. “As soon as you set foot on a yacht you belong to some man, not to yourself, and you die of boredom,” she was once quoted as saying.

Her solution was to buy her own yacht. A 37m with a steel hull, built by the Dutch yard Witsen & Vis of Alkmaar. The yacht passed through many hands, finally ending up belonging to the Wolf of Wall Street, Jordan Belfort, on whose watch she foundered and sank in 1996.

The yacht was originally built for a Frenchman under the name Mathilde , but he backed out and she caught Chanel’s eye instead. With a narrow beam, a high bow and the long, low superstructure typical of Dutch yachts of her era, she was certainly a beautiful boat. But she was also well equipped, with five staterooms in dark teak panelling, magnificent dining facilities, room for big tenders and, later, a helipad. A frequent sight along the Florida coast, she caught the eye of a young skipper called Mark Elliott.

“In those days, she was the biggest yacht on the East Coast,” he remembers. “Nobody had ever seen anything like it. I needed a wrench once and went up to the boat - Captain Norm Dahl was really friendly.” He didn’t know it then, but Elliott was destined to become the skipper of the boat himself and was at the helm when the storm of the century took her to the bottom off Sardinia.

Coco Chanel died in 1971 and sometime thereafter the yacht was renamed Jan Pamela under the new ownership of Melvin Lane Powers. He was a flamboyant Houston real estate developer, fond of crocodile skin cowboy boots and acquitted of murder in a trial that gripped the nation.

Powers sent Jan Pamela to Merrill Stevens yard in Miami, where a mammoth seven-metre section was added amidships. “We made templates for the boat where we were going to cut her in half, then she went out for another charter season,” remembers Whit Kirtland, son of the yard owner. “When the boat came back in, we cut it just forward of the engine room, rolled the two sections apart and welded it in.”

He remembers how the sun’s heat made the bare and painted metal expand at different rates. “You had to weld during certain time periods – early in the morning or late at night,” says Kirtland.

The result of the extension was a huge new seven-metre full-beam master stateroom, an extra salon and one further cabin – pushing the charter capacity to seven staterooms. During this refit, the boat’s colour was also changed from white to taupe. “No one had really done it before and it was gorgeous,” says Elliott. By 1983, Powers was bankrupt and the yacht was sold on again. She next shows up named Edgewater .

Elliott’s chance came in 1989. He was working for the established yacht owner Bernie Little, who ran a hugely profitable distribution business for Bud brewer Anheuser-Busch. “Bernie Little had always wanted to own the boat,” Elliott says. “He loved it. He bought it sight unseen – and I started a huge restoration programme, including another extension to put three metres in the cockpit.”

It was a massive task, undertaken at Miami Ship. “We pulled out all the windows, re-chromed everything, repainted – brought it back to life,” says Elliott. They also cut out old twin diesels from GM and replaced them with bigger CAT engines, doubling her horsepower to 800. “Repowered, she could cruise at up to 20 knots. She was long and skinny, like a destroyer.”

A smart hydraulic feature was also brought to life for the first time. Under two of the sofas in the main stateroom were hidden 3.6m x 1.2m glass panels giving a view of the sea under the boat. At the push of a button, the sofas lifted up and mirrors above allowed you to gaze at the seabed – from the actual bed.

Now called Big Eagle , like all of Little’s boats, she was a charter hit and her top client was a certain New York financier named Jordan Belfort. He fell in love with her and begged Little to sell to him. But he needed to secure financing, and in 1995, Little agreed to hold a note on the boat for a year if Mark Elliott stayed on as skipper.

With the boat rechristened Nadine after his wife, Belfort set about another round of refit work, restyling the interior with vintage deco and lots of mirrors, extending the upper deck this time, and fitting a crane capable of raising and stowing the Turbine Seawind seaplane.

Nadine also carried a helicopter, a 10m Intrepid tender, two 6m dinghies on the bow, four motorbikes, six jetskis, state-of-the-art dive gear. “You pretty much needed an air traffic controller when all these things were in the water,” says Elliott.

Belfort’s partying was legendary and Elliott clearly saw eye-watering things on board, but as far as he was concerned, he was there to safeguard the boat. “When Jordan Belfort became the owner, he could do whatever he wanted. I was there to protect the note,” says Elliott. “He is a brilliant mind and a lovely person. It was just when he was in his party mode, he was out of control.”

Nadine and her huge cohort of toys and vehicles plied all the usual yachting haunts on both sides of the Atlantic. But Belfort’s love story was to be short-lived. Disaster struck with the boss and guests on board during an 85-mile crossing between Civitavecchia in Italy and Calle de Volpe on Sardinia.

What was forecast to be a 20-knot blow and moderate seas degenerated into a violent 70-knot storm with crests towering above 10.6m, according to Elliott. Wave after wave pounded the superstructure, stoving in hatches and windows so that water poured below and made the boat sluggish. By a miracle the engine room remained dry and they could maintain steerage way, motoring slowly through the black of the night as rescue attempt after rescue attempt was called off.

Nadine eventually sank at dawn in over 1000m of water just 20 miles from the coast of Sardinia. Everyone had been taken off by helicopter, and there was no loss of life. Captain Mark Elliott was roundly congratulated for his handling of the incident. “The insurance paid immediately because it was the storm of the century,” he says. “I took the whole crew but one with me to [Little’s next boat] Star Ship . That was my way to come back.”

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Jordan Belfort Yacht: The True Story and The Wolf of Wall Street Version

The true Jordan Belfort yacht story is as strange and unbelievable as the hit movie The Wolf of Wall Street depicts it to be. There are several insider stories behind the sinking of the mighty yacht that are not widely known but are quite interesting and different from the reel version in several ways.

What happened to the Jordan Belfort yacht Nadine?

As the movie, The Wolf of Wall Street shows, the superyacht Nadine sank close to the coast of Sardinia in 1997 while battling what many calls “the storm of the century”. Jordan Belfort narrates the event in detail in the memoir describing his life in the 90s, which is what the Martin Scorsese movie is about.

Before getting into the details of the sinking, it is worth noting that the 37m yacht had a long and interesting history. She carried renowned celebrities like Coco Chanel before reaching Jordan Belfort (played by Leonardo DiCaprio in the movie) and was one of the largest yachts in the East Coast’s waters.

While the yacht was initially manufactured for a French native and given the name Matilda, he backed out of the deal. This led Coco Chanel to buy the beautiful yacht with the low superstructure that Dutch yachts are famous for.

You can learn more about our yacht charter services in Dubai

The yacht took on different names as it passed through famous hands, even those of the murder trial acquitted Melvin Lane Powers. Belfort named the yacht after his wife and renovated it with the capacity to carry a helicopter, 6 Jetskis, 4 motorbikes, and much more. Under Belfort’s ownership, the yacht witnessed a series of wild parties that were like unlimited glamour and fun in a package until disaster struck unexpectedly.

Did the yacht scene in The Wolf of Wall Street actually happen?

The Jordan Belfort yacht sinking scene in The Wolf of Wall Street was heavily inspired by a real-life event, though the movie did take some creative liberties. For one, the yacht was called Naomi in the reel version since the name of Belfort’s wife (played by Margot Robbie ) was changed in the movie. In reality, the yacht was named Nadine.

The movie further depicts Belfort’s helicopter getting thrown off the yacht by strong waves. In reality, the yacht’s crew went up to the deck and pushed off the helicopter so that Italian navy seals would have a space to land. The yacht’s itinerary was altered a bit by the movie’s director Martin Scorsese to add to the drama, though the power of the storm was scarily accurate.

Belfort admitted that the yacht’s captain Mark Elliot explicitly warned them not to sail to Sardinia on that fateful night. But according to the movie, there was a business opportunity in the city that Belfort could not bear to miss out on despite his wife’s protests.

Some sources claim that in reality, the passengers were simply eager to hit the golf course at Sardinia the next morning. They refused to pay heed to the captain’s warning and asked him to go through the storm, which eventually led to the famous Jordan Belfort yacht sinking incident. Therefore, unfortunately, if someone wants to have a yacht rental in Dubai or any other destination, they have missed their chance with this yacht.

Take a look on our Yacht Dubai Party

Interesting insights on the sinking as portrayed in the movie

The movie captures the fear and stress that each passenger felt when the yacht got caught up in the 70-knot storm. There is some hilarity when Belfort starts yelling for his drugs to avoid the horror of dying sober.

Several rescue attempts were made, but due to rising risks, each of them was called off. By some twist of luck, the yacht’s engine room remained mostly undamaged for a while, because of which they were able to make their way through the sea.

In the end, everyone survived the incident without any major injuries. At dawn, the Nadine made its way 1000m under the water only 20 miles away from Sardinia’s coast. Now, the movie’s audience gets to watch the Jordan Belfort yacht story unfold on the screen with a pinch of humor.

The Nadine’s captain Mark Elliot’s heroic actions did not go unnoticed. He was praised for leading all the passengers to safety, though he was able to get out of the yacht only 10 minutes before it sank. The captain also admitted that the insurance was granted immediately considering the ferocity of the storm. As for the yacht, many still wonder about the highly expensive equipment that had to be thrown into the water and is probably rusting away at the bottom of the sea.

The best features of the Jordan Belfort yacht Nadine

The 167 ft Nadine, as its former passengers claim, was a beautiful yacht. When owned by Coco Chanel under the name Matilda, the yacht had five staterooms, large dining areas, and a helipad. The interiors were furnished with dark teak paneling. Each new owner customized the yacht’s name and interiors based on their tastes.

Belfort decorated the Nadine lavishly with a variety of mirrors and set a vintage deco theme. He renovated the upper deck to fit a crane that was able to stow his Turbine Seawind seaplane. The yacht carried the best dive gear available in the market plus a variety of Belfort’s ‘toys’ such as his motorbikes and jetskis.

Which model was portrayed as the Jordan Belfort yacht Nadine in the movie?

Martin Scorsese got the yacht Lady M to represent Nadine onscreen. While Nadine actually had a luxuriously vintage charm to it, Lady M is a modern vessel with contemporary features. Lady M was manufactured in 2022 by Intermarine Savannah, while Nadine was built in 1961 by Witsen & Wis. The 147 ft Lady M is currently worth $12 million and is similar to Benetti yachts in its glamorous design.

Jordan Belfort’s life today

The entrepreneur and speaker Jordan Belfort’s shenanigans are well-known thanks to his detailed memoir and the hit movie based on some parts of his life. He spent 2 years in prison and now, at 59 years of age, has a practically negative net worth. Yet, his extraordinary motivational speaking skills continue to attract and inspire people even today.

It is easy for anyone watching the movie to wonder if many of the incidents are exaggerated. But considering Belfort’s eccentric life, even the Nadine sinking incident remains another regular anecdote shared in the movie.

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The Real Story Behind the Yacht in The Wolf of Wall Street

Based on the eponymous memoir, the 2013 hit The Wolf of Wall Street told the story of Jordan Belfort, a former stockbroker who was convicted of securities fraud and money laundering. Directed by Martin Scorsese and starring Leonardo DiCaprio, the movie was a smashing success through and through. Amongst its many impressionable scenes, one of the most memorable ones was the yacht party, where Belfort and his colleagues indulged in lavish excess. However, Belfort’s ex-wife, Nadine Caridi, has now spoken out about the real story behind the yacht.

Nadine Caridi, the Ex-Wife

Caridi, who was portrayed in the movie by Margot Robbie, gave an interview in which she revealed that the yacht scene was not entirely accurate. According to Caridi, the yacht that was shown in the movie was not the one that Belfort actually owned. Instead, it was rented for the filming of the scene. In reality, Belfort owned a different yacht called Nadine. Caridi claims that the yacht was named after her and that she played a significant role in its design and decoration. She says that the yacht was much smaller than the one shown in the movie, but it was still luxurious and served as a symbol of Belfort’s wealth.

The Sinking of the Nadine Yacht

Nadine Caridi recently spoke about the sinking of the yacht in June 1996, an event that inspired a scene in the movie. The yacht’s sinking during a storm off the coast of Italy was a terrifying experience for everyone on board. The waves were violent and relentless, hitting the yacht repeatedly. Rescue services had to be called in to rescue the passengers and crew, including Belfort and Caridi. In a recent TikTok video, Caridi shared real-life footage of the rescue, showing the fear and chaos that ensued during the storm, while expressing gratitude that everyone survived.

Can a Circle of Salt Paralyze a Self-Driving Car?

Autonomous vehicles are truly within the grasp of humankind. But the brain of a sci-fi geek can wonder whether it’ll bring an apocalyptic scene, where a troop of autonomous cars is pursuing human prey across a desolate landscape. Well, of course, it’s not going to happen, but luckily, if it did, there’s a strangely simple solution for that. And it involves nothing but salt!

The Salt Trap

Back in 2017, artist James Bridle demonstrated how an understanding of road markings using salt could paralyze a self-driving car midway by delivering confusing messages. You need to draw two circles of salt, one in a block line and the other in broken stripes. When the car comes to the middle of it, the markings will direct it to go right ahead and also not to cross, simultaneously. The result is the fabulous “Autonomous Trap 001.” Future models may be able to overcome this fun technological quirk, but it has surely raised a valid question about the possibility of the success of the trick. It’s astonishing to find out that there may be a simple way to manipulate the environment to disrupt the self-driving capacity of an autonomous car.

The Response

This salt circle trap has caught the attention of none other than Elon Musk, the Tesla boss and newly-appointed CEO of Twitter. As an avid enthusiast, Musk is known for dabbling in autonomous vehicles. Responding to the demonstration, he explained that the salt circle trick will probably be able to trap a Tesla car with the production Autopilot build. But he suspected that it won’t work its magic on the FSD models or the cars with Full Self-Driving capabilities. Musk further suggested that making a ring of traffic cones would be effective on the FSD cars. So, if you ever find yourself facing a murderous fleet of autonomous cars, all you need to do is just take your salt bags and traffic cones out! Easy-peasy, right?

Martin Scorsese Went To The Mattresses To Keep The Boat Sinking Scene In ‘The Wolf Of Wall Street’

When things start heading south for Jordan Belfort in The Wolf of Wall Street , he demands that his yacht sail through a monstrous storm that, shocker, sinks his boat. The scene has almost nothing to do with the plot and everything to display the lengths of desperation and unearned confidence the cheating money man has stuffed in his pockets. It turns out all the money in the world can’t stop nature from sending your luxury party barge to the bottom of the sea. It also turns out that we almost never got to see the absurdist comeuppance because unnamed powers that be were interested in cutting the thing altogether to bring down costs.

According to screenwriter Terence Winter , Martin Scorsese fought to keep it in, much to the delight of schadenfreude connoisseurs.

“Because [the script] was so long, you know, the fear was there were going be things that we were gonna have to cut — like the sequence where the boat sinks and they get rescued at sea,” Winter said. “It was on the chopping block for the longest time because it was so wild and so expensive. To his credit, Marty just kept fighting and said, ‘We have to have that. I have to have that.’”

He makes a great point! There are a multitude of bizarre and shocking things in the movie, but nothing on such an epic scale. It’s the rug that really ties the room together.

Now if we could only get that four-hour cut …

(via The Hollywood Reporter )

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Martin Scorsese ‘Kept Fighting’ for ‘Wolf of Wall Street’ Yacht Scene to Be in Final Cut

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Martin Scorsese was determined that “ The Wolf of Wall Street ” would have a sinking ship onscreen.

The blockbuster, Oscar-nominated 2013 film which starred Leonardo DiCaprio as real-life disgraced stockbroker Jordan Belfort, was originally a whopping four hours long. While the film was eventually trimmed down to 180 minutes, screenwriter Terence Winter revealed that Scorsese refused to cut an expensive yacht sequence.

“Because [the script] was so long, you know, the fear was there were going be things that we were gonna have to cut — like the sequence where the boat sinks and they get rescued at sea,” Winter told The Hollywood Reporter . “It was on the chopping block for the longest time because it was so wild and so expensive. To his credit, Marty just kept fighting and said, ‘We have to have that. I have to have that.'”

The scene involves Belfort (DiCaprio) and his wife Naomi ( Margot Robbie ) having to be rescued by helicopter when sailing from Italy to Monaco in a desperate attempt to stop federal investigators from accessing bank accounts.

Related Stories Terence Winter Returns to ‘Tulsa King’ Writers’ Room for Season 2 After Exiting as Showrunner ‘Made in England: The Films of Powell and Pressburger’ Review: Martin Scorsese Enlivens Reverent Doc on Iconic Film Duo 

“There was actually a four-hour cut of that movie initially and it was just a lot more insanity — if you can believe there was room for any,” Emmy winner Winter continued. “But I was absolutely thrilled that everything got in there. Every possible thing… including the kitchen sink… is in that movie. I could not have been more happy with it.”

Acclaimed editor and longtime Scorsese collaborator Thelma Schoonmaker previously told IndieWire that the four-hour cut is beloved by those who had seen it, and Scorsese even considered releasing it in two parts. “Well, we thought about it,” Schoonmaker said. “But the film doesn’t work split in half. It has to have a certain arc.”

Actress Robbie recently revealed that the overnight success of “The Wolf of Wall Street” was overwhelming at times, saying, “Something was happening in those early stages and it was all pretty awful. I remember saying to my mom, ‘I don’t think I want to do this.’ And she just looked at me, completely straight-faced, and was like, ‘Darling, I think it’s too late not to.’ That’s when I realized the only way was forward.”

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Jordan Belfort Yacht: The True Story and The Wolf of Wall Street Version

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The true Jordan Belfort yacht story is as strange and unbelievable as the hit movie The Wolf of Wall Street depicts it to be. There are several insider stories behind the sinking of the mighty yacht that are not widely known but are quite interesting and different from the reel version in several ways.

Nadine yacht model

What happened to the Jordan Belfort yacht Nadine? As the movie, The Wolf of Wall Street shows, the superyacht Nadine sank close to the coast of Sardinia in 1997 while battling what many calls “the storm of the century”. Jordan Belfort narrates the event in detail in the memoir describing his life in the 90s, which is what the Martin Scorsese movie is about.

Jordan belfort yacht sailing

Did the yacht scene in The Wolf of Wall Street actually happen? The Jordan Belfort yacht sinking scene in The Wolf of Wall Street was heavily inspired by a real-life event, though the movie did take some creative liberties. For one, the yacht was called Naomi in the reel version since the name of Belfort’s wife (played by Margot Robbie) was changed in the movie. In reality, the yacht was named Nadine.

Interesting insights on the sinking as portrayed in the movie

The movie captured each passenger’s fear and stress when the yacht got caught up in the 70-knot storm. There is some hilarity when Belfort starts yelling for his drugs to avoid the horror of dying sober. Several rescue attempts were made, but each was called off due to rising risks. By some twist of luck, the yacht’s engine room remained undamaged primarily for a while, because of which they were able to make their way through the sea.

The best features of the Jordan Belfort yacht Nadine

The 167 ft Nadine, as its former passengers claim, was beautiful. When owned by Coco Chanel under the name Matilda, the yacht had five staterooms, large dining areas, and a helipad. The interiors were furnished with dark teak paneling. Each new owner customized the yacht’s name and interiors based on their tastes.

Which model was portrayed as the Jordan Belfort yacht Nadine in the movie?

Martin Scorsese got the yacht Lady M to represent Nadine onscreen. While Nadine had a luxuriously vintage charm, Lady M is a modern vessel with contemporary features. Lady M was manufactured in 2022 by Intermarine Savannah, while Nadine was built in 1961 by Witsen & Wis. The 147 ft Lady M is currently worth $12 million and is similar to Benetti yachts in its glamorous design.

Jordan Belfort’s life today

The entrepreneur and speaker Jordan Belfort’s shenanigans are well-known thanks to his detailed memoir and the hit movie based on some parts of his life. He spent 2 years in prison and now has practically negative net worth at 59 years of age. Yet, his extraordinary motivational speaking skills continue to attract and inspire people even today. It is easy for anyone watching the movie to wonder if many of the incidents are exaggerated. But considering Belfort’s eccentric life, even the Nadine sinking incident remains another regular anecdote shared in the movie.

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Jordan Belfort’s ex-wife tells the real story behind the yacht on The Wolf of Wall Street

The ex-wife of jordan belfort shed some light on the infamous scene.

Ben Thompson

Jordan Belfort's ex wife, Nadine Macaluso, has set the record straight about the scene in The Wolf Of Wall Street where Belfort splashes out and buys his wife a yacht on their wedding day.

I mean, when you have a lot of money , what better way to treat your new spouse after saying I do?

After their lavish wedding, Belford ( Leonardo DiCaprio ) covers Nadine's, or Naomi as she's known in the movie, eyes with a blindfold before revealing the huge yacht, which has been christened the 'Naomi'.

And Naomi (played by Margot Robbie ) cannot contain her excitement.

"Are you serious? A f***ing yacht?!" she exclaims.

However, it seems that the real Belfort wasn't very serious, as Macaluso revealed on TikTok that her ex-husband, who she was married to from 1991 to 2005, 'did not' actually buy her a boat on their wedding day.

She said: "Actually what happened I think we were married for a few years and we were always chartering yachts, because he loved to do that.

"And I had given birth to my beautiful daughter Chandler and he said 'I want to buy a yacht'."

However, this idea didn't sit well with Macaluso at the time.

She continued: "I said 'I don't think we should buy a yacht, we have a baby and I don't feel comfortable.

'She can't swim.'

"I had visions of her falling off the boat and I was actually terrified.

"I did not want to buy the yacht ironically. And he was like 'Nope, I'm buying a yacht and I'm calling it the Nadine'. And I was like 'Okay, here we go'.

"And you know how that went."

Macaluso's final line is a nod to a scene in the film, in which Belfort and Naomi need to be rescued from the yacht after it gets caught up in a storm.

This scene was indeed based on the real life sinking of the ship in June 1996, which resulted in a rescue by the Italian Navy Special forces.

The yacht was sunk after violent waves repeatedly hit it, but luckily everyone on board was able to escape the ship in time.

Macaluso has previously commented on the scene's accuracy , where she admitted in a TikTok video that the yacht sinking scene was 'totally true'.

Speaking of the memory, she said: "It was horrific, horrifying, we were in a squall for 12 to 18 hours and we lived, thank god, for my kids."

She even showed real life footage of her, Belford and their friends being rescued by the Navy.

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How accurate the wolf of wall street is to the true story.

The Wolf of Wall Street is based on an elaborate memoir written by Jordan Belfort himself, raising questions about both the book and film's accuracy.

• The Wolf of Wall Street is based on the true story of Jordan Belfort, a con artist who became famous for his fraudulent actions.
• Belfort's memoir, which the movie is based on, includes some accurate details, such as smuggling money into Swiss banks and sinking a yacht.
• However, several real-life figures have disputed the accuracy of the events depicted in the movie, suggesting that Belfort may have exaggerated or fabricated certain elements to suit his own narrative.

Martin Scorsese's The Wolf of Wall Street is based on the true story of the infamous rise and fall of American stockbroker and criminal Jordan Belfort. Leonardo DiCaprio plays Belfort in the movie, exploring his outrageous lifestyle, the various figures in his life, and the crimes that led to his downfall. The dramatized version of events depicted in the movie rings mostly true to the 2007 memoir of the same name. However, there are a lot of criticisms of how Belfort depicts himself and the truth, including from those people featured in The Wolf of Wall Street.

The real Jordan Belfort of The Wolf of Wall Street story has been called a manipulative conman by many people, so it's plausible that his memories and anecdotes of the events depicted in the movie and book are flawed and exaggerated to suit his inflated self-image. A number of real-life sources have spoken out about the inaccurate depiction of events in Belfort's story, hinting that Belfort's fraudulent sensibilities might have fooled Hollywood as they did on Wall Street.

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10 Scorsese Trademarks In The Wolf Of Wall Street

The wolf of wall street is accurate to jordan belfort's memoir, various successes and failures depicted in the movie came from belfort's own admission.

There are several key details in Martin Scorsese's The Wolf of Wall Street that have been confirmed to be true based on Belfort's representation of himself and his brokerage firm Stratton Oakmont in his memoir. According to the memoir, Belfort actually had his in-laws smuggle money into Switzerland banks and Stratton Oakmont actually helped make the luxury shoe line Steve Madden go public. The depiction of Matthew McConaughey's The Wolf of Wall Street character Mark Hanna is also based on Belfort's description, including Hanna's crude philosophy that the key to success was masturbation, cocaine, and sex workers.

Other details in the movie that were accurate to Belfort's memoir include: Donnie Azoff (inspired by the real-life Danny Porush, played by Jonah Hill in the movie) did marry his cousin before later divorcing her, Belfort sunk a yacht in Italy that was once owned by Coco Chanel, and he did crash his helicopter trying to land while he was high. Most notably, Belfort truly did serve a reduced prison sentence after informing on his friends . He did not try to save Porush (Azoff) from incriminating himself as is displayed in the film. He informed on Porush in real life.

The Wolf Of Wall Street: Jordan Belfort's Net Worth Explained

Wolf of wall street's accuracy has been disputed by key figures, the depiction of belfort's crimes has become a controversial topic for the movie.

The Wolf of Wall Street has been criticized for how much it downplays the victims of Belfort's crimes and it does largely focus on him ripping off the wealthy. According to the New York Times , Belfort targeted people from all types of financial backgrounds to buy his worthless stocks.

One California man used his home equity line of credit to invest with Belfort and has been impacted financially ever since. The depiction of Belfort in Scorsese's movie as being some type of voice of an underprivileged class who was righteous in turning the system on its head and against itself has been debated since its release.

The real-life Donnie and Naomi also dispute a lot of what happens in both Jordan's memoir and Scorsese's movie. Nadine Macaluso, who is represented by the character Naomi, who Margot Robbie plays in The Wolf of Wall Street , claimed that the movie was mostly accurate through Jordan's perspective, but not through an objective lens or with consideration to Nadine's point of view with regard to their marriage. Nadine went on to get a Ph.D. and became an expert in relational trauma ( via The Independent ).

Danny Porush told Bustle that most of the film is completely fictitious, claiming that nobody in real life ever called Belfort the "Wolf" nor was there any throwing of little persons or chimpanzees that took place in the office.

What Happened To The Real Jordan Belfort After The Wolf Of Wall Street

Why wolf of wall street's accuracy (or otherwise) is part of its legacy, does the movie glorify jordan belfort.

The glorification of the debauchery surrounding Belfort's lifestyle and business practices is suitable to the mystique around whether or not the film depicts real events. This disparity in what is actually true in the movie and memoir versus what other real-life parties have to say about fabrications is part of its reckless and dysfunctional appeal.

Even Scorsese himself came under fire for celebrating the corrupt actions of the bonafide con artist in his film, which is meant to be seen as an overarching satire of capitalism rather than a stamp of approval for Belfort. Regardless of its degree of accuracy, The Wolf of Wall Street is a wildly entertaining exercise on limitless greed.

Source: The New York Times , Time , The Independent , Bustle

The Wolf of Wall Street

Directed by Martin Scorcese, The Wolf of Wall Street tells the true story of stockbroker Jordan Belfort (Leonardo DiCaprio), based on his memoir of the same name. It chronicles the rise of Belfort and the subsequent corruption of his firm as he engages in a wide assortment of criminal acts while amassing a staggering fortune. Jonah Hill, Margot Robbie, and Kyle Chandler also star alongside DiCaprio.

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The true story of Wolf Of Wall Street’s yacht ‘Nadine’

Jordan Belfort’s antics are so legendary that sinking a multi-million dollar yacht is just another act of depravity that Martin Scorsese manages to weave among The The wolf of Wall Street grotesque film adaptation. Those who know the wolf of Wall Street book will have read Belfort’s account about it in more detail, but the backstory of the superyacht Nadine is a lesser-known tale with unexpected twists.

Despite Jordan’s notoriety for unbridled bacchanalia, Nadine was sunk by natural forces far greater than even the fiercest drinking bout he could muster. In the middle of a pedestrianized Mediterranean cruise, a storm unexpectedly turned into a raging storm with high winds and huge swells to send the pride and joy of the wolf into Davey Jones’ locker.

In fact, this type of storm is so specific that it has its own name. The mistrals get their name from the winds that blow from the French Alps into the Mediterranean. This convection cycle is caused by warm air rising from African deserts and colder air from the Alps rushing through the void for sustained round trips of 12 to 40 hours. Nothing like a strong relentless wind to generate a dangerous swell. And the kicker? Mistrals are difficult to predict.

RELATED: Asymmetric superyacht hits market for $ 47 million

En route from Riva de Travino to the island of Sardinia, off the west coast of Italy, what should have been a routine race (which usually takes around 7 hours) ended in the fiasco that International Yachts described as ‘Mayday in the Med.’

“When we set off,†said Captain Mark Elliot, “the forecast told us to expect wind and choppy but small seas. Knowing that this wouldn’t be an ideal crossing, the captain asked if the guests wanted to delay until the next morning. The answer was a definite ‘no’ as they were all eager to head to Sardinia for a round of golf the next morning. So, they cast off and set sail for another corner of paradise.

Hours later, the guests were enjoying the sunny afternoon weather of another dream day in the Mediterranean… when a rogue wave reached the bow and wheelhouse, inundating a hostess from head to toe. Immediately after this warning sign made contact, a transmission was received via radio warning of unexpected gale force winds in the area. The mistral had announced. The swell heights doubled, the winds intensified, and the shit became real.

However, before Belfort throws next-level parties aboard his elegant ship and charters it across the Mediterranean to Sardinia on that fateful day, Nadine had already lived many lives. In truth, the luxury yacht seen in The Wolf of Wall Street movie bears no resemblance to the period ship owned by Jordan Belfort. Scorsese hired a yacht called Lady M for these stages, which was originally built by Intermarine Savannah in 2002.

On the other hand, the real one Nadine (Where Mathilde as it was originally called), was built in 1961 and delivered by the Dutch shipyard Witsen & Vis for none other than fashion mogul Coco Chanel. At the time, Mathilde had five dark teak cabins, exceptional dining rooms and a helipad.

“At that time, it was the largest yacht on the East Coast,†recalls Captain Mark Elliot. “No one had ever seen anything like it.”

After Coco’s death in 1971 the yacht was renamed Jan Pamela by its new owner, Melvin Lane Powers. While not as decorated as his predecessor, Powers was a notorious and ostentatious Houston real estate developer known for wearing crocodile skin boots and driving a golden Cadillac after being acquitted of the murder of her lover’s husband. The New York Times described his 1966 trial as “one of the most spectacular homicide trials of all time.”

Powers ordered a huge refit and extension of the ship, but in 1983 it hit rock bottom and Jan Pamela was sold before being renamed Waterside . In 1989, it was Bernie Little’s luck, and he bought her sight without seeing her. She then underwent another refit, before becoming Great eagle under the command of Mark Elliot once again. In this form, she caught the attention of Jordan Belfort, who took possession of it in 1995. Of course, he had to undertake his own additions and renovations, before renaming the ship after his second wife, Nadine .

However, the reincarnation of this historic yacht as Nadine was to be short lived. After 35 years of leisure, sailing on the most beautiful coasts and welcoming the great names of the time, Mother Nature would have the last word.

Back in the Mediterranean, hours later, roaring gusts ripped the $ 100,000 tender from its tow lines. Captain Mark Elliot calls to abandon yacht, as turning point Nadine against the crashing waves would have courted disaster. Abandoning the course to try to outrun the mistral was out of the question for the same reasons. They are there now – every captain’s nightmare – with seventy knot winds and 35 foot ridges to negotiate.

Then, Nadine’s The moment of “perfect storm” pointed its formidable head. The huge wave crashes all over the ship, tearing off the hatches and deck fittings, triggering a death knell that can only end with a day of disaster. The remaining supply crashes into the dining room window, causing it to collapse wave after wave flooding the living room.

“I knew at that time that Nadine had received a fatal blow. Once I assessed the damage, I walked over to the deck and used the satellite phone to contact the Italian Coast Guard known as “Gruppo Marine Italian,†says Captain Elliot.

First aid stations. Guests are gathered in a secure central location and escorted one by one to their cabins to collect passports and any valuables that can fit in a small bag.

Half an hour later, a rescue helicopter attempts to bring down a diver to pick up guests. However, the gusts of wind turned out to be too violent, and after almost losing the said diver, the helicopter aborted. Imagine the heartbreaking feeling of those on board Nadine , as the Coast Guard abandon ship, defeated by the rampaging elements, and return to the safety of the coast as the sun sets below the horizon and night sets in.

Hurricane-force winds, severe flooding and a 15-meter-high sea are now pounding Italy’s shores in what will be known as the storm of the century. The situation is so tumultuous that when a large merchant ship attempts another rescue attempt a few hours later, it almost crashes in Nadine , before setting off again and again, abandoning the crew and the frenzied guests.

The liferafts are deployed as a precaution… until the roaring wind also tears them from the sea, leaving the crew completely stranded on board.

Below deck, the flooded kitchen has become an electrified death trap, and the chef and engineer receive jolts from the current before pulling the ass out of there to the (relative) safety above. It should be noted that this is probably around the time when a deranged and drenched Leo shouts at Jonah Hill with the unforgettable line: “Get the ludes downstairs!” I will not die sober! To have. The. Whore. Ludes! ”

Times of crisis. With no options left, Captain Elliot calls to throw the helicopter off the bridge to free up space for another rescue attempt. He unhooks the tie-downs and rolls the ship twenty degrees, throwing the expensive equipment overboard and into the Mediterranean, where its rusty skeleton undoubtedly lies to this day.

At around 5 a.m., the Coast Guard returned and began to hoist the guests, then the crew to safety in the reassuring light of dawn. The weather calmed down as the winds and waves calmed down, but the damage was done. The last to leave the ship he commanded for so many years, Mark Elliot takes stock of the wreck before finally accepting his loss, closing the engine room controls and seizing the buoy rescue package handed to him by the coast guard.

Nadine is swallowed up by the sea, just ten minutes after Captain Elliot left his decks.

While all the guests and the crew of 11 survive, the prestigious motor yacht and its collection of toys (including eight jet skis, four motorcycles, snorkeling gear, a helicopter and a seaplane) sink into the deep end. at the bottom of the Mediterranean, over 1000 m deep. the water.

“The insurance paid off immediately because it was the storm of the century,†said Captain Elliot.

Back on dry land, Mark Elliot was hailed as a hero after showing courage and leadership in such a dire situation. He was then offered command of Bernie Little’s famous yacht Vessel , and today works as a broker in Miami as one of the most experienced and capable men in the business.

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'Truth is stranger than fiction' says 'Wolf of Wall Street' agent

The lobster-throwing boat scene didn't happen. But "Wolf of Wall Street" Jordan Belfort sinking his yacht in the Mediterranean during a storm did.

Those were some of the stories former FBI Agent Gregory Coleman — who spent six years investigating Belfort — told Friday to members of the Central Bucks Chamber Chamber of Commerce.

"I spent hundreds of hours tracking down (Belfort's) plane, the boat, getting the financial documents," said Coleman, who retired in January after more than 25 years with the FBI. "I'm ready to have parties on that boat with the FBI. But it's gone. It's at the bottom of the ocean."

Coleman, now a speaker and consultant on financial crimes, spent more than an hour Friday regaling about 100 business leaders gathered at Spring Mill Manor in Northampton with tales of the Belfort investigation, which was made into the 2013 Martin Scorsese film starring Leonardo DiCaprio.

"Truth is stranger than fiction, anything you can make up," Coleman said. "We go into Belfort's home, we arrest him, I have the agents take him away. I do my pitch to (Belfort's wife) Nadine, 'get on board the train that's leaving the station.' She agrees to speak with me. But first, [she says], 'I have to go put my PJs on.' We're putting her husband in handcuffs, and she goes up and puts her PJs on."

Coleman said the investigation into Belfort's crimes — using a system of "flippers" and "ratholes" to manipulate supply and demand for stocks, then pocketing the profits in cash — took six years of poring through financial records and working through a tight-knit group of brokers who were loyal to their boss.

"One of the biggest problems I had in cracking the case was getting through the loyalties of his employees," Coleman said. "Once I got them, it was a domino effect."

Eventually, the FBI would arrest such high-level players as Belfort's partner, Danny Porush, portrayed in the movie by Jonah Hill with the character name Donnie Azoff.

Belfort was smart, Coleman said. He targeted wealthy small-business owners who were less likely to complain about their losses. He adapted to changes in regulations to avoid detection. He spent millions in cash to create a false "perception of success" that would impress would-be investors.

"Belfort did not sell stocks," Coleman said. "He sold a story. If he told a good story, you would buy the stocks."

The scheme cost victims of Belfort's brokerage, Stratton Oakmont, $110 million. Today, Belfort is a motivational speaker. 

Coleman was portrayed in the movie by Kyle Chandler, whose character's name was changed to Agent Patrick Denham.

"I had no idea who Kyle Chandler was," Coleman said. "I knew I would be OK, though. The ladies would come up to me in the office and say, 'Who's playing you in the movie?' 'Kyle Chandler.' And they'd go, 'Ooooh.'"

Some scenes, Coleman said, are purely fictional, such as the bribery scene on the boat. Others are a mix of truth and fiction, such as the arrest of Belfort's drug dealer, Brad Bodnick [portrayed by Jon Bernthal]. While based on a real person, Todd Garret, the arrest itself was because of money laundering, not drugs, Coleman said. 

"Part of what they portrayed was absolutely correct and real," Coleman said. "On the other side of the spectrum, it was completely false. It was made up in Hollywood. They threw it in to spice it up. In the middle you have this mixture of truth."

The FBI never did get to seize Belfort's 175-foot yacht. But the agency did seize a beach house in tony Southampton, New York, which Belfort purchased with insurance money.

"The nice thing about money laundering," Coleman said, "is once it's tainted, it's always tainted."

Crissa Shoemaker DeBree: 215-345-3186; email: [email protected]; Twitter: @CrissaShoemaker

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Meet the Real Wolf of Wall Street Superyacht Built for Coco Chanel

The yachting disaster is one of the most dramatic scenes in Martin Scorsese’s blockbuster The Wolf of Wall Street , and like many of the tales in the Leonardo DiCaprio flick, it’s based on a true story. In real life, predatory tycoon Jordan Belfort bought a yacht in 1993 called Big Eagle and renamed her Nadine , after his English-born second wife. The vessel had been built in 1961 by Witsen & Vis in Holland for fashion icon Coco Chanel, but had undergone many transformations by the time Belfort got his mitts on it. Originally 121 feet long, in the 1970s she was extended by nearly 15 feet, and in 1988 she was cut in half and had another 29-foot section grafted on, finally totaling 167 feet.

The luxury yacht used in Scorsese’s film actually bears little resemblance to the  Nadine , being a far more modern vessel. The director hired the 148-foot  Lady M , built by Intermarine Savannah in 2002 and refit in 2011, for filming. It features luxury accommodations for 10 guests, and a marble and granite interior with gold accents.

In Coco Chanel’s day the yacht was mainly used to cruise from Monaco to Deauville for the summer horse racing season. The real  Nadine  sank in 1997 during a storm off the east coast of Sardinia while crossing from Porto Cervo to Capri, much as the movie depicts. Belfort has said that his insistence on sailing in a storm caused the yacht to capsize. Luckily, everyone on board at the time was rescued by the Italian coast guard. 

Jared Paul Stern

Jared Paul Stern, JustLuxe's Editor-at-Large, is the Executive Editor of Maxim magazine and has written for the Wall Street Journal, New York Times, the New York Times' T magazine, GQ, WWD, Vogue, New York magazine, Details, Hamptons magazine, Playboy, BlackBook, the New York Post, Man of the World, and Bergdorf Goodman magazine among others. The founding editor of the Page Six magazine, he has al... (Read More)

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The Wolf of Wall Street (2013)

Did jordan belfort really meet his future business partner in a restaurant.

What was the name of Belfort's brokerage house?

The Wolf of Wall Street true story confirms that, like in the movie, Stratton Oakmont was the name of the real Jordan Belfort's Long Island, New York brokerage house. Belfort and co-founder Danny Porush (played by Jonah Hill in the movie) chose the name because it sounded prestigious ( NYTimes.com ). The firm would later be accused of manipulating the IPOs of at least 34 companies, including Steve Madden Ltd. (their biggest deal), Dualstar Technologies, Paramount Financial, D.V.I. Financial, M. H. Meyerson & Co., Czech Industries, M.V.S.I. Technology, Questron Technologies, and Etel Communications.

What exactly did Jordan Belfort do that was illegal?

Belfort's Stratton Oakmont brokerage firm ran a classic "pump and dump" operation. Belfort and several of his executives would buy up a particular company's stock and then have an army of brokers (following a script he had prepared) sell it to unsuspecting investors. This would cause the stock to rise, pretty much guaranteeing Belfort and his associates a substantial profit. Soon, the stock would fall back to reality, with the investors bearing a significant loss. -NYTimes.com

How many employees worked for Jordan Belfort's brokerage firm?

At its peak in the 1990s, Stratton Oakmont, Belfort's firm that he co-founded with Danny Porush, employed more than 1,000 brokers. -TheDailyBeast.com

Danny Porush says the movie's dwarf-tossing scene (above) never happened. Even Belfort's book only discusses it as a possibility. Did Jordan Belfort really host an in-office dwarf-tossing competition?

No. "We never abused [or threw] the midgets in the office; we were friendly to them," Danny Porush (the real Donnie Azoff) says. "There was no physical abuse." Porush does admit that the firm hired little people to attend at least one party. Jordan Belfort's memoir The Wolf of Wall Street only discusses the tossing of little people as a possibility, not something that actually happened. -MotherJones.com

During what years did the events in the movie take place?

The events in The Wolf of Wall Street movie took place during the late 1980s and early 1990s. Jordan Belfort and Danny Porush founded the brokerage firm of Stratton Oakmont in the late 1980s. The securities fraud and money laundering charges brought against the firm involved companies that Stratton Oakmont helped raise money for in public stock offerings from 1990 through 1997. In 1996, Stratton Oakmont was banned from the brokerage industry, which eventually forced the company to close its doors. -NYTimes.com

Was Jordan Belfort really known as the "wolf" of Wall Street?

No, at least not according to the former co-founder and president of the Stratton Oakmont brokerage firm, Danny Porush (portrayed by Jonah Hill in the movie). The real Porush says that he is not aware of anyone at the firm calling Jordan the "wolf." Porush says that it's just one of a number of exaggerations and inventions in both Belfort's book and the movie. -MotherJones.com

Is Matthew McConaughey's character, Mark Hanna, based on a real person?

Yes. In exploring The Wolf of Wall Street true story, we learned that Jordan Belfort claims to have met Matthew McConaughey's character's real-life counterpart, Mark Hanna, in 1987 when he was working at the old-money trading firm of L.F. Rothschild. His new acquaintance was an uproarious senior broker at the firm and introduced Belfort to the excess and debauchery that Belfort would later make a daily staple at Stratton Oakmont. Like in the movie, the real Mark Hanna behind McConaughey's character told Belfort that the key to success was masturbation, cocaine and hookers, in addition to making your customers reinvest their winnings so you can collect the commissions. -TheDailyBeast.com

Did Jordan Belfort really abuse cocaine and other drugs?

Yes. In The Wolf of Wall Street movie, Jordan Belfort (Leonardo DiCaprio) is shown snorting cocaine off a prostitute's backside and nearly crashing his private helicopter while high on a cocktail of prescription drugs, including Quaaludes, morphine and Xanax. In researching The Wolf of Wall Street true story, it quickly became clear that Belfort used drugs heavily in real life too. In his memoir, he states that at times he had enough "running through my circulatory system to sedate Guatemala."

Jordan Belfort did give speeches like DiCaprio in the movie (left). Right: The real Belfort speaks at a 1994 Stratton Oakmont Christmas party (right). Did Belfort really stand in front of his employees and give riling speeches with a microphone?

Yes. Belfort was known to stir his troops into action by belting out words of motivation through a microphone. However, his speeches were often filled with more self-adulation than DiCaprio's speeches in the movie.

Did a female employee really let them shave her head for $10,000 to pay for breast implants?

The real Jordan Belfort claims this is true in his memoir. The female employee let them shave off her blonde hair for $10,000, which she used to pay for D-cup breast implants. Co-founder Danny Porush also says that the shaving took place, "...the worst we ever did was shave somebody's head and then pay 'em ten grand for it," says Porush. -MotherJones.com

Was Jordan Belfort's Quaalude dealer in the movie, Brad Bodnick (Jon Bernthal), based on a real person?

Yes. The character in the movie, Brad Bodnick, who has a goatee and is portrayed by The Walking Dead 's Jon Bernthal, is based on Jordan Belfort's real-life Quaalude supplier, Todd Garret. In his memoir, the real Jordan Belfort claims that Garret sold him approximately 10,000 Quaaludes.

Was there ever a chimpanzee in the office?

No. According to co-founder Danny Porush (played by Jonah Hill in the movie), the scene where Leonardo DiCaprio's character pals around with a chimp is pure monkey business. "There was never a chimpanzee in the office," says Porush. "There were no animals in the office...I would also never abuse an animal in any way" (though he does admit to eating the goldfish, see below). -MotherJones.com

Did he really almost crash his helicopter in his yard?

Did Danny Porush really marry his own first cousin?

Yes. According to Jordan Belfort's memoir, the real Donnie Azoff (whose actual name is Danny Porush) did marry his first cousin Nancy "because she was a real piece of ass." After twelve years of marriage, the couple divorced in 1998 after Danny told Nancy that he was in love with another woman ( NYPost.com ). Danny and his ex-wife share three children together.

Did Belfort and his colleagues really have drug-addled nights and sexcapades with prostitutes on a near daily basis?

Though the movie and Belfort's memoir might seem like gross exaggerations of the truth, depicting heavy drug use and sexcapades in the office during trading hours, they're not exaggerations at all says the F.B.I. agent who finally took Belfort into custody, "I tracked this guy for ten years, and everything he wrote is true." Kyle Chandler portrays the agent in the Martin Scorsese movie. -NYTimes.com

Was Belfort really arrested for crashing his Lamborghini while high on expired Quaaludes?

Yes, but according to Belfort the car wasn't a Lamborghini like in the movie, it was a Mercedes. He was so high in a drug daze that he couldn't remember causing several different accidents as he tried to make his way home. In real life, one of the accidents was a head-on collision that actually sent a woman to the hospital. -TheDailyBeast.com

The real Donnie Azoff, Daniel Porush, says that he really did swallow a goldfish like Jonah Hill (pictured). Did Danny Porush really swallow a goldfish?

Yes. According to the real Donnie Azoff, whose actual name is Danny Porush, the scene where Jonah Hill's character eats a goldfish is based on a true story. "I said to one of the brokers, 'If you don't do more business, I'm gonna eat your goldfish!'" Porush recalls. "So I did." -MotherJones.com

Did they really tape money to a woman's body?

In one scene of The Wolf of Wall Street movie, bricks of cash are taped to a Swiss woman's body. "[I] never taped money to boobs," the real Danny Porush says (played by Jonah Hill in the movie). According to Jordan Belfort's memoir, the event did happen but his partner Porush wasn't there. -MotherJones.com

Was footwear mogul Steve Madden really involved in Belfort's scheme?

Yes. As shown in The Wolf of Wall Street movie, Steve Madden had been a childhood friend of Belfort's partner Danny Porush (renamed Donnie Azoff in the movie and portrayed by actor Jonah Hill). Their fondness for drugs and alcohol reunited the two of them. During the initial public offering of his footwear company, Steve Madden Ltd., Madden acquired a large number of shares of his company, which were actually being controlled by Belfort and his firm, Stratton Oakmont. Once shares became available to the public, Stratton Oakmont got down to the business of selling them to unsuspecting suckers. Billing Madden's company as the hottest issue on Wall Street, Belfort's brokers in turn drove up the price. Eventually, Steve Madden was to sell off his shares when the hype was at its peak, just before the stock began its inevitable decline. Similar to what is seen in the movie, Belfort still maintains that Steve Madden tried to steal his Steve Madden shares from him. However, Jordan Belfort did make approximately $23 million in two hours as part of the deal with Steve Madden, who would later be charged as an accomplice to Belfort's scheme. -NYTimes.com For his part, Steve Madden was sentenced to 41 months in prison and was forced to resign as CEO of Steve Madden Ltd. He also resigned from the company's board of directors. However, he did not leave the company entirely. He kept his foot (or shoe) in the door by giving himself the title of creative consultant, for which he was well-compensated even while he was in prison. -Slate.com

Did Jordan Belfort really name his yacht after his wife?

Did Belfort's yacht really sink in a Mediterranean storm?

Yes. In real life, Belfort's 167-foot yacht, which was originally owned by Coco Chanel, sunk off the coast of Italy when Belfort, who was high on drugs at the time, insisted that the captain take the boat through a storm ( TheDailyBeast.com ). Listen to Belfort tell the story during The Room Live 's Jordan Belfort interview . As he states in the interview, his helicopter didn't fall off the boat during the storm like in the movie. Instead, they had to push the helicopter off of the top deck of the boat to make room for the rescue chopper to drop down an Italian Navy commando.

How long did FBI agent Gregory Coleman spend tracking Jordan Belfort and his firm?

FBI agent Gregory Coleman, renamed Patrick Denham for the film and portrayed by actor Kyle Chandler, made tracking Belfort and his firm, Stratton Oakmont, a top priority for six years. In an interview ( watch here ), Coleman says that the factors that drew his attention to the firm were "the flashiness, the brashness of their activities, the blatantness of the way they were soliciting people and cold calling people, and the number of victims that were complaining on a daily basis." -CNBC

Did Jordan really strike his wife?

Yes. The Wolf of Wall Street movie shows Jordan (Leonardo DiCaprio) hitting his wife (Margot Robbie) with his hand and fist. According to his memoir, he actually kicked his wife Nadine down the stairs while he was holding his daughter. She landed on her right side with "tremendous force."

Did Belfort really endanger his 3-year-old daughter's life by crashing his car through the garage door?

Yes. In real life, he put his daughter Chandler in the front seat of the car without a seat belt on, before crashing it through the garage door and then driving full speed into a six-foot-high limestone pillar at the edge of the driveway. Like in the movie, he was high at the time.

Tommy Chong was Jordan Belfort's cellmate in prison and encouraged him to write the book. What was Jordan Belfort's punishment?

When he was finally arrested in 1998 for money laundering and securities fraud, Jordan Belfort was sentenced to four years in prison. This was after agreeing to wear a wire and provide the FBI with information to help prosecute various friends and associates. In the end, the true story reveals that he served only 22 months in a California federal prison. His cellmate in prison was Tommy Chong of "Cheech and Chong" fame, who was serving a nine month sentence for selling bongs. -TheDailyBeast.com

What inspired Jordan Belfort to write his memoir?

It wasn't so much a what as it was a who. Tommy Chong (one half of "Cheech and Chong") was Jordan Belfort's cellmate in prison. After laughing at some of Belfort's stories from his days running the firm, Chong encouraged him to write a book. -TheDailyBeast.com

Why is Jordan Belfort's memoir filled with so many exclamations?

Jordan Belfort attempted to model his writing after Hunter S. Thompson ( Fear and Loathing in Las Vegas ), who was known for using plenty of exclamation points.

What happened to Belfort's partner, Danny Porush, portrayed by Jonah Hill in the movie?

Danny Porush, renamed Donnie Azoff for the movie and played by actor Jonah Hill, served 39 months in prison for his part in the corrupt dealings of Stratton Oakmont, the firm that he co-founded with Jordan Belfort. Porush currently runs a medical supply business in Florida, where he lives with his second wife Lisa in a $4 million mansion. A 2008 Forbes article pointed out his company's fraudulent tactics, which included trying to persuade people to order diabetic supplies and getting them to provide information about their physicians that could be used to bill Medicare. A number of complaints surfaced accusing Porush's company of sending unsolicited packages that were accompanied by unexpected Medicare charges. Back in 2001, Porush was arrested in connection to a fraud scheme surrounding Noble & Perrault Collectibles, a company that sold commemorative coins over the phone. Victims saw their credit cards charged repeatedly, at times for thousands of dollars, while often never receiving any merchandise for purchases that were largely unauthorized to begin with. -Sun Sentinel Enjoying a well-to-do life in Florida, Daniel Porush and his wife drive matching Rolls-Royce Corniche convertibles. With regard to The Wolf of Wall Street movie, Porush said, "I really have no comment other than to say I would never try to profit from a crime I'm so remorseful for." -NYPost.com

I heard that Jordan Belfort is a motivational speaker, is that true?

How much did Jordan Belfort earn from his books and the movie?

Catching the Wolf of Wall Street includes more of Belfort's outrageous stories that were not included in his first book. As we investigated The Wolf of Wall Street true story, we discovered that Jordan's books, The Wolf of Wall Street and Catching the Wolf of Wall Street , netted him a $1 million advance from Random House. He also earned $1 million for the film rights to his story ( TheDailyBeast.com ). In a response to criticism over these profits and future profits from the movie, Jordan Belfort said the following via his Facebook page, "I am not turning over 50% of the profits of the books and the movie, which was what the government had wanted me to do. Instead, I insisted on turning over 100% of the profits of both books and the movie, which is to say, I am not making a single dime on any of this." According to Jordan, the money is being used to pay back the millions still owed to those who were scammed by his brokerage firm Stratton Oakmont.

Does Jordan Belfort have a cameo in The Wolf of Wall Street movie?

Yes, the real Jordan Belfort appears at the end of the movie as the person who introduces Leonardo DiCaprio's character before he takes the stage at his Straight Line seminar.

Have any other movies been based on Jordan Belfort's story?

Yes, but only loosely. The brokerage firm in the movie Boiler Room , released in 2000, was inspired by the illegal practices of Jordan Belfort's Stratton Oakmont firm. In the movie, actor Ben Affleck portrays Jim Young, the Belfort-esque co-founder of the firm, who, like Jordan Belfort, trains his brokers in the "pump and dump" scheme. -NYTimes.com

Watch The Wolf of Wall Street movie trailer. Also, view Jordan Belfort interviews and home video footage of him speaking at a Stratton Oakmont party in the 1990s.

• Jordan Belfort's Website
• Danny Porush's Website (played by Jonah Hill)
• Mark Hanna's Website (played by Matthew McConaughey)
• The Wolf of Wall Street Official Paramount Movie Site