This brings him and his firm further to the attention of the FBI. In 1993, Jordan illegally makes $22 million in three hours after securing the IPO of Steve Madden. Meanwhile, the SEC and the FBI begin investigating Stratton Oakmont. He has an affair with a woman named Naomi Lapaglia when his wife finds out, Jordan divorces her and marries Naomi in 1991. Jordan becomes immensely successful and slides into a decadent lifestyle of prostitutes and drugs.

To cloak this, Jordan gives the firm the respectable-sounding name Stratton Oakmont in 1989.Īfter an exposé in Forbes, hundreds of ambitious young financiers flock to his company. When the scheme's perpetrators sell their overvalued securities, the price drops immensely, and those who were conned into buying at the inflated price are left with stock that is suddenly worth much less than what they paid. They recruit several of Jordan's friends, whom Jordan trains in the art of the 'hard sell.' Jordan's tactics and salesmanship largely contribute to the success of his pump and dump scheme, which involves inflating the price of a stock by issuing misleading, positive statements in order to sell it at an artificially augmented price. Jordan befriends his neighbor Donnie Azoff, and the two found their own company. Jordan makes a small fortune thanks to his aggressive pitching style and the high commissions. Jordan loses his job following Black Monday, the largest one-day stock market drop in history, and takes a job at a boiler room brokerage firm on Long Island that specializes in penny stocks. He is quickly enticed into the drug-fueled stockbroker culture and Hanna's belief that a broker's only goal is to make money for himself. In 1987, Jordan Belfort lands a job as a Wall Street stockbroker for L.F. It is widely considered to be one of the greatest films of the 2010s. DiCaprio won Best Actor – Musical or Comedy at the 71st Golden Globe Awards, where the film was also nominated for Best Picture – Musical or Comedy. It was nominated for several awards, including five at the 86th Academy Awards ceremony: Best Picture, Best Director, Best Adapted Screenplay, Best Actor (for DiCaprio) and Best Supporting Actor (for Hill). The film received positive reviews from critics (along with some moral censure) and appeared in several 'best of the year' lists. Department of Justice and Malaysian Anti-Corruption Commission. The film's financing became implicated in the 1Malaysia Development Berhad corruption scandal, leading to Red Granite Pictures being investigated by the U.S. It set a Guinness World Record for the most instances of swearing in a film. The film was controversial for morally ambiguous depiction of events and lack of sympathy for victims, as well as explicit sexual content, extreme profanity, depiction of hard drug use, and the use of animals during production.

It was a major commercial success, grossing $392 million worldwide during its theatrical run, becoming Scorsese's highest-grossing film. The film premiered in New York City on December 17, 2013, and was released in the United States on December 25, 2013, by Paramount Pictures, and was the first major American film to be released exclusively through digital distribution. Filming took place in late 2012 in New York City and was shot mostly on film stock. The project was later greenlit under an independent production house Red Granite Pictures. and with Scorsese set to direct, but content restrictions stalled production. Rights for Belfort's memoir were secured in 2007 by DiCaprio and Warner Bros. Leonardo DiCaprio, who was also a producer of the film, stars as Belfort, with Jonah Hill as his business partner and friend, Donnie Azoff, Margot Robbie as his wife, Naomi Lapaglia, and Kyle Chandler as FBI agent Patrick Denham, who tries to take Belfort down. It recounts Belfort's perspective on his career as a stockbroker in New York City and how his firm, Stratton Oakmont, engaged in rampant corruption and fraud on Wall Street, which ultimately led to his downfall. The Wolf of Wall Street is a 2013 American biographical black comedy crime film directed by Martin Scorsese and written by Terence Winter, based on the 2007 memoir of the same name by Jordan Belfort.

Wolf of wall street full movie