Author | Jordan Belfort |
---|---|
Language | English |
Genre | Non-fiction |
Publisher | Bantam Books |
Publication date | September 25, 2007 |
Publication place | United States |
Media type | Print, e-book, audiobook |
Pages | 528 pp. |
ISBN | 978-0553805468 |
Followed by | Catching the Wolf of Wall Street |
The Wolf of Wall Street is a memoir by former stockbroker and trader Jordan Belfort, first published in September 2007 by Bantam Books, [1] [2] then adapted into a 2013 film of the same name (directed by Martin Scorsese and starring Leonardo DiCaprio as Belfort). Belfort's autobiographical account was continued by Catching the Wolf of Wall Street , published in 2009.
Belfort tells his real-life story of creating Stratton Oakmont, a brokerage house engaged in pump and dump schemes with penny stocks. The firm was shut down by regulators in the late 1990s, and Belfort was subsequently jailed for securities fraud.
A reviewer of Publishers Weekly stated "The book's main topic is the vast amount of drugs and risky physical behavior Belfort engaged in in order to survive. As might be expected in the autobiography of a veteran con man with movie rights already sold, it's hard to know how much to believe. The story is told mostly in dialogue, with allegedly contemporaneous mental asides by the author, reported verbatim. But it reports only surface events, never revealing what motivates Belfort or any of the other characters". [3] A reviewer of Kirkus Reviews added "It is crass, certainly, and vulgar—and a hell of a read. Belfort displays dirty writing skills many basis points above his tricky ilk. His chronicle ends with his arrest for fraud. Now, with 22 months in the slammer behind him, he’s working on his next book. Entertaining as pulp fiction, real as a federal indictment". [4]
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Stratton Oakmont, Inc. was a Long Island, New York, over-the-counter brokerage house founded in 1989 by Jordan Belfort and Danny Porush. It defrauded many shareholders, leading to the arrest and incarceration of several executives and the closing of the firm in 1996.
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Jordan Ross Belfort is an American former stockbroker, financial criminal, and businessman who pleaded guilty to fraud and related crimes in connection with stock-market manipulation and running a boiler room as part of a penny-stock scam in 1999. Belfort spent 22 months in prison as part of an agreement under which, becoming an informant for the FBI and wearing a wire, he gave testimony against numerous partners and subordinates in his fraud scheme. He published the memoir The Wolf of Wall Street in 2007, which was adapted into Martin Scorsese's film of the same name released in 2013, in which he was played by Leonardo DiCaprio.
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