So, he managed to use what he learned in Wall Street and pursued a business in selling penny stocks (stocks of small companies which can be bought for $5 or less). He needed a complete package of confidence, resilience, and charisma to excel in this field, which only a few people have.Īlthough he proved himself to be competent in telemarketing, he was still laid off during Black Monday in 1987. He had to call people’s phones to convince them to buy a product without meeting in person. Since Telesales was his primary role on Wall Street, it was a tough job. After that, he learned some of the trade’s inner workings, knowledge that would be invaluable in the future. But it wasn’t always rosy–he filed for bankruptcy by the time he was 25.Īs soon as he was free from all the responsibilities of that business, he landed a job on Wall Street thanks to a mutual acquaintance. He founded a company selling meat across the whole city, which is no small feat, and even scaled it to a medium-sized business. However, he realized that dentistry was not one of his strengths, so he decided to push through and develop his sales talent. From his income from this, he was able to fund his education through college, and he wanted to become a dentist. At an early age, he started selling Italian ice to tourists on the city’s boardwalks during the summer. Jordan Belfort’s story started in New York City, where he was born and raised, and where he eventually became a world-class hustler and salesman. OkDork’s article about the Wolf of Wall Street’s true story sheds light on the exciting life of Jordan Belfort. The Wolf of Wall Street Ending, Explained.How Accurate is The Wolf of Wall Street?.Was He Called “The Wolf of Wall Street” In Real Life?.Buckle up, as it’s going to be a wild ride! An FBI agent once said, “I tracked this guy for ten years, and everything in the book is true.” So, you can tell by now that it’ll be quite complicated to untangle the truth from the lies and exaggerations. The courts and the FBI proved most of them. However, a lot of the events in the movie are correct. He’s selling stocks, but he’s piling a lot of BS, too, since he’s the product. Leonardo DiCaprio, who played Belfort, even gave this away openly in his voice-overs. So, all of the things he said in the text need to be scrutinized. The Wolf of Wall Street, both the book and the movie, are the products of a very unreliable narrator, Jordan Belfort.

So, how accurate is The Wolf of Wall Street ? That depends on what your definition of “accurate” is. It even retained much of the writing in the dialogue for the movie. The movie adaptation made by Martin Scorsese and starring Leonardo DiCaprio remained faithful to the book. Jordan Belfort’s memoir, The Wolf of Wall Street, is a book filled with wild, crazy, and over-the-top stories of sex, debauchery, drug use, and illicit activities.

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