The wolf is coming

The wolf is coming
The real ‘wolf’ of Wall Street Jordan Belfort will be in Singapore next month for a speaking engagement.

Meet the real "wolf" of Wall Street - the reformed version, that is.

Rogue stockbroker-turned-motivational speaker Jordan Belfort, 51, whose memoir inspired Martin Scorsese's movie, The Wolf of Wall Street (2013), is a man ashamed of his past. He was played by Hollywood star Leonardo DiCaprio (above left) in the movie.

During The New Paper's interview with the New York-born native, he came across as being regretful of his youth - a heady mix of drugs, sex and swindling.

"Unfortunately, the movie is very accurate. I was pretty wild back in the early 1990s," he said with a wry laugh.

"On some level, it's hard for me to watch a number of the scenes (involving drugs), even though I've been clean (of drugs) for 17 years now."

While Belfort says he can look at many of the scenes "objectively", he can still "smell the cocaine" he snorted.

In an interview earlier this month, Belfort told The Australian newspaper that drugs led to his eventual downfall.

"I was overwhelmed with this desire for instant gratification...It got dark and disgusting as it all spiralled out of control and imploded," he said

In 2003, he was jailed for fraud and money laundering, spending 22 months in prison.

For this interview, Belfort sent his answers in an audio recording.

"Kicking the drug habit was very easy for me, as I was at that point when I was completely sick and tired," he said, adding he was already drug-free in 1998, before serving time.

As for the debauchery portrayed in the movie, Belfort said he can now view those sexual escapades with a cool, detached eye.

He and his friends hired prostitutes, strippers and naked marching bands in their office.

Once, while on a plane, they even held a mass orgy.

But gone is the man who used to idolise Gordon Gekko, the financial crook played by Michael Douglas's in the 1987 movie Wall Street.


In the film, Gekko said: "Greed, for lack of a better word, is good. Greed is right. Greed works."

It runs contrary to Belfort's current guiding principles.

"Greed is not good," stressed Belfort, whose previous two marriages ended in divorces. He has two children, daughter Chandler, 20, and son Carter, 18, from his second marriage. Custody of the children is shared with his ex-wife, Nadine.

"Ambition is good, but greed is bad. There is a huge distinction between the two," he said.

"Greed is about making as much money in the shortest time possible and not caring who gets hurt.

"Ambition, on the other hand, is about creating value and making the world a better place."

The Belfort of the past revelled in hedonistic excesses, taking pleasure in the pain of others. As depicted in the Oscar-nominated movie, he once organised a dwarf-tossing contest to entertain brokers on his trading floor.

Today, he lives with his girlfriend of six years in a modest three-bedroom house in Manhattan Beach, a relatively inexpensive part of Los Angeles.

Belfort described The Wolf of Wall Street movie as a game-changer in his life.

"Having Leo (Leonardo DiCaprio) play me was a huge honour. And to have Marty (Martin Scorsese) on board too, it's just as much an honour.

"I knew the film would have a huge impact on my (motivational speaking and writing) career," he said.

Belfort will be in town next month for a corporate sales training seminar, promoting his Straight Line sales technique.

He will be sharing tips on the art of persuasion, developing customers for life and how to better influence people.

"Singapore is deservedly, a massive financial hub in the world," he said, adding that Singaporeans are "high achievers" and "very diligent".

Belfort said: "When I was there a few years ago, I could sense success in the air. There was this standard of commitment, of doing everything at the highest level."

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