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The Wolf Of Wall Street Full Book Introduction
18th May 2023 • Bookey App 30 mins Book Summaries Knowledge Notes and More • Bookey APP
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The Wolf Of Wall Street

The Wolf Of Wall Street Full Book Introduction

 

This book is a memoir of a man who was once known as “The Wolf of Wall Street.” At one point, Jordan Belfort made a whopping $12 million in just three minutes. Forbes magazine called him “a twisted version of Robin Hood” in the stock market. He was later sentenced to prison for having swindled investors out of approximately $200 million. Through Belfort’s revelation of his life’s trajectory, we get a glimpse into the dazzling world of power, greed and excess.

 

Author : Jordan Belfort

Jordan Belfort is a former stockbroker who built his career from nothing and became a multimillionaire by the age of 31. He once made a whopping $12 million in just three minutes. With his silver tongue and little conscience, he established himself as a prominent figure of Wall Street. He has been described as a passionate speaker, a cunning profit maker, and a helpless drug addict. His merciless business style earned him the title “The Wolf of Wall Street.”

 

Overview | Chapter 1

Hi, welcome to bookey. Today we will unlock the book The Wolf of Wall Street. It was 1998 in a luxury house on the coast of Long Island. The smell of cigarette smoke and alcohol hung over the place. Young men and women were dancing like there was no tomorrow. It was a lavish party. Suddenly, people heard the wail of a siren. Policemen entered the house, walked straight up to Jordan Belfort and handcuffed him. Belfort was once a prominent stockbroker of Wall Street, infamously known as what Forbes called the “twisted version of Robin Hood,” and “The Wolf of Wall Street” within the Wall Street circle. Born and raised in an ordinary family, Belfort has no academic background in finance. However, he was able to establish himself in the capital-driven world within a very short time. Through despicable schemes, he was able to make $12 million effortlessly in just three minutes. By the age of 31, Belfort was already a multimillionaire. But at 36, he was arrested on federal fraud charges. How did Belfort accomplish this primitive capital accumulation within such a short time? And how did he end up in jail, redeem himself later, and even get his life story on the big screen?

 

The Wolf of Wall Street is more than just an autobiography. Rather, it’s an intriguing story of mindset transformation. Belfort was encouraged by a fellow prisoner to write this book in jail. While he was in jail reflecting on his past, the outside world was still perturbed by what he had done. Several publishers competed to get the rights to publish his book. Later, Hollywood showed interest in making this book into a movie. It was reported that Brad Pitt and Leonardo DiCaprio competed to play the role of Belfort in the film of the same name. Leonardo DiCaprio got the role in the end, and the film was a blockbuster, grossing several hundreds of millions of dollars. It was nominated for several awards, including the Academy Award for Best Picture, and was also selected as one of the top 10 Movies of the Year at the 14th AFI Awards.

 

What makes the difference between a financial magnate and the average Joe investor? Are they born rich and tenacious? Are they always successful and do they never fail? We’ll find out the answers by following the foot steps of Belfort, a Wall Street’s legendary figure whose life was once defined by greed, sex, and drugs. We’ll unlock this book in the following four parts.

 

Part 1: The making of a business genius.

 

Part 2: Founding his own firm and making a mint.

 

Part 3: Fighting against the FBI.

 

Part 4: Self-redemption.

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