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Jordan Belfort Yacht: The True Story and The Wolf of Wall Street Version

The true Jordan Belfort yacht story is as strange and unbelievable as the hit movie The Wolf of Wall Street depicts it to be. There are several insider stories behind the sinking of the mighty yacht that are not widely known but are quite interesting and different from the reel version in several ways.

What happened to the Jordan Belfort yacht Nadine?

As the movie, The Wolf of Wall Street shows, the superyacht Nadine sank close to the coast of Sardinia in 1997 while battling what many calls “the storm of the century”. Jordan Belfort narrates the event in detail in the memoir describing his life in the 90s, which is what the Martin Scorsese movie is about.

Before getting into the details of the sinking, it is worth noting that the 37m yacht had a long and interesting history. She carried renowned celebrities like Coco Chanel before reaching Jordan Belfort (played by Leonardo DiCaprio in the movie) and was one of the largest yachts in the East Coast’s waters.

While the yacht was initially manufactured for a French native and given the name Matilda, he backed out of the deal. This led Coco Chanel to buy the beautiful yacht with the low superstructure that Dutch yachts are famous for.

You can learn more about our yacht charter services in Dubai

The yacht took on different names as it passed through famous hands, even those of the murder trial acquitted Melvin Lane Powers. Belfort named the yacht after his wife and renovated it with the capacity to carry a helicopter, 6 Jetskis, 4 motorbikes, and much more. Under Belfort’s ownership, the yacht witnessed a series of wild parties that were like unlimited glamour and fun in a package until disaster struck unexpectedly.

Did the yacht scene in The Wolf of Wall Street actually happen?

The Jordan Belfort yacht sinking scene in The Wolf of Wall Street was heavily inspired by a real-life event, though the movie did take some creative liberties. For one, the yacht was called Naomi in the reel version since the name of Belfort’s wife (played by Margot Robbie ) was changed in the movie. In reality, the yacht was named Nadine.

The movie further depicts Belfort’s helicopter getting thrown off the yacht by strong waves. In reality, the yacht’s crew went up to the deck and pushed off the helicopter so that Italian navy seals would have a space to land. The yacht’s itinerary was altered a bit by the movie’s director Martin Scorsese to add to the drama, though the power of the storm was scarily accurate.

Belfort admitted that the yacht’s captain Mark Elliot explicitly warned them not to sail to Sardinia on that fateful night. But according to the movie, there was a business opportunity in the city that Belfort could not bear to miss out on despite his wife’s protests.

Some sources claim that in reality, the passengers were simply eager to hit the golf course at Sardinia the next morning. They refused to pay heed to the captain’s warning and asked him to go through the storm, which eventually led to the famous Jordan Belfort yacht sinking incident. Therefore, unfortunately, if someone wants to have a yacht rental in Dubai or any other destination, they have missed their chance with this yacht.

Take a look on our Yacht Dubai Party

Interesting insights on the sinking as portrayed in the movie

The movie captures the fear and stress that each passenger felt when the yacht got caught up in the 70-knot storm. There is some hilarity when Belfort starts yelling for his drugs to avoid the horror of dying sober.

Several rescue attempts were made, but due to rising risks, each of them was called off. By some twist of luck, the yacht’s engine room remained mostly undamaged for a while, because of which they were able to make their way through the sea.

In the end, everyone survived the incident without any major injuries. At dawn, the Nadine made its way 1000m under the water only 20 miles away from Sardinia’s coast. Now, the movie’s audience gets to watch the Jordan Belfort yacht story unfold on the screen with a pinch of humor.

The Nadine’s captain Mark Elliot’s heroic actions did not go unnoticed. He was praised for leading all the passengers to safety, though he was able to get out of the yacht only 10 minutes before it sank. The captain also admitted that the insurance was granted immediately considering the ferocity of the storm. As for the yacht, many still wonder about the highly expensive equipment that had to be thrown into the water and is probably rusting away at the bottom of the sea.

The best features of the Jordan Belfort yacht Nadine

The 167 ft Nadine, as its former passengers claim, was a beautiful yacht. When owned by Coco Chanel under the name Matilda, the yacht had five staterooms, large dining areas, and a helipad. The interiors were furnished with dark teak paneling. Each new owner customized the yacht’s name and interiors based on their tastes.

Belfort decorated the Nadine lavishly with a variety of mirrors and set a vintage deco theme. He renovated the upper deck to fit a crane that was able to stow his Turbine Seawind seaplane. The yacht carried the best dive gear available in the market plus a variety of Belfort’s ‘toys’ such as his motorbikes and jetskis.

Which model was portrayed as the Jordan Belfort yacht Nadine in the movie?

Martin Scorsese got the yacht Lady M to represent Nadine onscreen. While Nadine actually had a luxuriously vintage charm to it, Lady M is a modern vessel with contemporary features. Lady M was manufactured in 2022 by Intermarine Savannah, while Nadine was built in 1961 by Witsen & Wis. The 147 ft Lady M is currently worth $12 million and is similar to Benetti yachts in its glamorous design.

Jordan Belfort’s life today

The entrepreneur and speaker Jordan Belfort’s shenanigans are well-known thanks to his detailed memoir and the hit movie based on some parts of his life. He spent 2 years in prison and now, at 59 years of age, has a practically negative net worth. Yet, his extraordinary motivational speaking skills continue to attract and inspire people even today.

It is easy for anyone watching the movie to wonder if many of the incidents are exaggerated. But considering Belfort’s eccentric life, even the Nadine sinking incident remains another regular anecdote shared in the movie.

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5 bodies found in sunken superyacht off Sicily as search continues: Report

Fire brigade official Luca Cari said the rescue operation is "very hard."

LONDON and ROME -- Five bodies have been found from the superyacht that sunk off the Sicilian coast, according to the Italian coast guard. One final passenger remains missing.

Four of the bodies have been brought to the surface, but none has been identified.

Two bodies were brought ashore on Wednesday morning, according to the Italian coast guard, while two other bodies were recovered later on Wednesday. The fifth body has been found, but not yet brought to the surface, Salvatore Cocina, director general of the region of Sicily, said.

MORE: US citizens among Sicily superyacht missing as search continues

Rescue teams are facing a "very hard" operation to find those still missing after the superyacht sunk on Monday, a spokesperson for the onsite fire brigade teams told ABC News.

Luca Cari said the rescue operation for the people still missing from the U.K.-flagged Bayesian was ongoing Wednesday. The vessel was lost early on Monday in stormy weather around half a mile from the fishing village of Porticello, close to the city of Palermo.

Fifteen people were rescued alive in the immediate aftermath while one body was previously recovered.

"For us, it remains a rescue operation," Cari told ABC News Wednesday morning, prior to the recovery of the five bodies, when asked if emergency services were transitioning to a recovery operation.

Asked if there was any hope that the missing may be surviving thanks to air pockets inside the sunk vessel, Cari responded: "One can never exclude anything but it seems rather improbable."

Cari said that 12 of the 18 divers leading rescue efforts on Wednesday are specialized divers who have extensive experience working inside caves.

MORE: 1 killed, 6 missing as superyacht sinks off Sicilian coast, Italian officials say

Divers have been operating inside the yacht for two days, he added. "But the job is very hard because there are large obstacles and [we] have to work in very narrow spaces."

"It's a long process and we can only operate in short spells," Cari added. Divers have to be rotated constantly, with each only able to stay underwater for around 12 minutes, he said.

Two Americans -- Christopher and Neda Morvillo -- are among the six people still missing, ABC News confirmed on Tuesday.

Christopher Morvillo is a partner at law firm Clifford Chance and represented the yacht's owner -- British tech tycoon Mike Lynch -- in his recent fraud case brought by Hewlett Packard. He is a former assistant United States attorney for the Southern District of New York .

Morgan Stanley International Chairman Jonathan Bloomer and his wife Anne Elizabeth Judith Bloomer are also among the six missing passengers.

Lynch and his 18-year-old daughter Hannah are believed to also be among the missing.

ABC News' Joe Simonetti contributed to this report.

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Jordan Belfort Yacht: The True Story and The Wolf of Wall Street Version

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The true Jordan Belfort yacht story is as strange and unbelievable as the hit movie The Wolf of Wall Street depicts it to be. There are several insider stories behind the sinking of the mighty yacht that are not widely known but are quite interesting and different from the reel version in several ways.

Nadine yacht model

What happened to the Jordan Belfort yacht Nadine? As the movie, The Wolf of Wall Street shows, the superyacht Nadine sank close to the coast of Sardinia in 1997 while battling what many calls “the storm of the century”. Jordan Belfort narrates the event in detail in the memoir describing his life in the 90s, which is what the Martin Scorsese movie is about.

Jordan belfort yacht sailing

Did the yacht scene in The Wolf of Wall Street actually happen? The Jordan Belfort yacht sinking scene in The Wolf of Wall Street was heavily inspired by a real-life event, though the movie did take some creative liberties. For one, the yacht was called Naomi in the reel version since the name of Belfort’s wife (played by Margot Robbie) was changed in the movie. In reality, the yacht was named Nadine.

Interesting insights on the sinking as portrayed in the movie

The movie captured each passenger’s fear and stress when the yacht got caught up in the 70-knot storm. There is some hilarity when Belfort starts yelling for his drugs to avoid the horror of dying sober. Several rescue attempts were made, but each was called off due to rising risks. By some twist of luck, the yacht’s engine room remained undamaged primarily for a while, because of which they were able to make their way through the sea.

The best features of the Jordan Belfort yacht Nadine

The 167 ft Nadine, as its former passengers claim, was beautiful. When owned by Coco Chanel under the name Matilda, the yacht had five staterooms, large dining areas, and a helipad. The interiors were furnished with dark teak paneling. Each new owner customized the yacht’s name and interiors based on their tastes.

Which model was portrayed as the Jordan Belfort yacht Nadine in the movie?

Martin Scorsese got the yacht Lady M to represent Nadine onscreen. While Nadine had a luxuriously vintage charm, Lady M is a modern vessel with contemporary features. Lady M was manufactured in 2022 by Intermarine Savannah, while Nadine was built in 1961 by Witsen & Wis. The 147 ft Lady M is currently worth $12 million and is similar to Benetti yachts in its glamorous design.

Jordan Belfort’s life today

The entrepreneur and speaker Jordan Belfort’s shenanigans are well-known thanks to his detailed memoir and the hit movie based on some parts of his life. He spent 2 years in prison and now has practically negative net worth at 59 years of age. Yet, his extraordinary motivational speaking skills continue to attract and inspire people even today. It is easy for anyone watching the movie to wonder if many of the incidents are exaggerated. But considering Belfort’s eccentric life, even the Nadine sinking incident remains another regular anecdote shared in the movie.

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Everything The Wolf Of Wall Street Doesn't Tell You About The True Story

Martin Scorsese's film "The Wolf of Wall Street" is an over-the-top celebration of greed and excess, inspired by the memoir of the notorious stockbroker Jordan Belfort, who is played by Leonardo DiCaprio in the film. It tell of the rise of Jordan Belfort from a low-level assistant at L. F. Rothschild to a Long Island penny stock pusher, as well as Belfort's dramatic fall from filthy rich CEO of Stratton Oakmont to a stint in federal prison for stock fraud and money laundering.

Despite being ostensibly based on a true story, many question the veracity of the film because of how absolutely outlandishness of Belfort's claims, and how outrageous the antics at Stratton Oakmont are. Scorsese obviously recognized Belfort is an unreliable narrator with a penchant for exaggeration. In the film, Belfort breaks the fourth wall, addressing the camera and the audience directly. This was a strategic choice by the screenwriter and director. Screenwriter Terence Winter told Esquire , "Jordan is talking directly to you. You are being sold the Jordan Belfort story by Jordan Belfort, and he is a very unreliable narrator. That's very much by design."

Despite how unlikely this story is, most of what transpires in the film actually happened. Winter added, "I assumed he must've been embellishing. But then I did some research, and I talked to the FBI agent who arrested him, who had been tracking Jordan for ten years. And he told me, 'It's all true. Every single thing in his memoir, every insane coincidence and over-the-top perk, it all happened.'" 

That said, this film is Belfort's truth, not necessarily the definitive truth. Keep reading if you want to learn everything "The Wolf of Wall Street" doesn't tell you about the true story of Jordan Belfort's meteoric rise and fall.

Belfort's wives' names were changed for the film

Although their real-life counterparts are obvious, the names of Jordan Belfort's ex-wives were changed in the film, giving the filmmaker creative license with the characters. Belfort's first-wife in the film is Teresa Petrillo (Cristin Milioti), but her real-life counterpart is Denise Lombardo. Denise met Belfort in high school, and the childhood sweethearts married in 1985 after Denise graduated from college. Belfort founded Stratton Oakmont while married to Denise, and they divorced after she found out about his affair in 1991 (per The U.S. Sun ). After their divorce, Denise led a low-profile life, staying out of the public eye.

Belfort's second-wife in the film is Naomi Lapaglia (Margot Robbie). Naomi's real-life counterpart is Nadine Macaluso. Like Naomi, Nadine was a model and met Belfort at a party before they married in 1991. Nadine and Belfort had two children together and separated in 1998 as depicted in the film (per the U.S. Sun). Nadine got a Ph.D, becoming a marriage and family therapist. She lives in California with her second husband (per Daily Mail TV ).

Margot Robbie , who played Naomi in the film, met Nadine while preparing for her role. Robbie told IndieWire meeting Nadine helped her understand her character's motivations, saying, "I could do or say any horrible thing and know that my character's motivation was out of protection for her child. Whether or not the audience sees my side of events is another matter, but just to know my motivation can give me an authentic performance." She added how strong Nadine is, saying, "She's has to be, to have put up with Jordan and his shenanigans."

The original crew Belfort recruited from friends are composite characters

Although Belfort recruited the original crew for his Long Island brokerage firm from a group of friends; Alden "Sea Otter" Kupferberg (Henry Zebrowski), Robbie "Pinhead" Feinberg (Brian Sacca), Chester Ming (Kenneth Choi), and Nicky "Rugrat" Koskoff (PJ Byrne) are composite characters with fictitious names. These characters are an amalgamation of numerous people who worked at Stratton Oakmont and do not represent actual people.

This didn't stop Andrew Greene, a board member of Stratton Oakmont, from filing a defamation suit against the film's production company. He was offended by the depiction of "Rugrat" in the film, saying the character damaged his reputation. He called the character a "criminal, drug user, degenerate, depraved and devoid of any morals or ethics" (per The Guardian ).

In 2018, Greene lost his suit . In 2020, an appellate court threw the suit out, stating that the filmmakers, by creating composite characters and fictitious names, "took appropriate steps to ensure that no one would be defamed by the Film," (per the Hollywood Reporter ). The filmmaker included the hijinks of the employees at Stratton Oakmont in the film to illustrate the raucous corporate culture of the brokerage firm, rather than defame former employees.

Donnie Azoff doesn't exist, his real-life counterpart is Danny Porush

Jonah Hill 's character Donnie Azoff in "The Wolf of Wall Street" doesn't exist. He is a composite character created to avoid defaming anyone while making the film. To anyone who is familiar with Jordan Belfort and Stratton Oakmont's story, it's obvious Danny Porush is Azoff's real-life counterpart. Porush disputes the veracity of both Belfort's memoir and the film, telling Mother Jones , "The book ... is a distant relative of the truth, and the film is a distant relative of the book." Porush admits to swallowing the goldfish, but under different circumstances than depicted in the film.

As reported by Mother Jones, Porush was Belfort's friend and business partner between 1988 and 1996. Like Belfort, he cooperated with authorities, ultimately serving 39 months in prison for his securities and financial crimes at Stratton Oakmont. Porush disputes the throwing of dwarves, insists there were never animals in Stratton Oakmont — other than the goldfish he ate — but admits to the wild parties and taking part in the depravity and excesses encouraged at the brokerage firm, saying "Stratton was like a fraternity."

Porush told Mother Jones, "My main complaint [regarding the memoir] besides his inaccuracy was his using my real name," something that was remedied when the filmmakers created the composite character of Donnie Azoff. Ultimately, Porush doesn't seem to hold a grudge despite his grievances with the inaccuracies saying, "Hey, it's Hollywood ... I know they want to make a movie that sells. And Jordan wrote whatever he could to make the book sell."

Danny Porush's wife introduced Jordan Belfort to her husband

In "The Wolf of Wall Street," Donnie Azoff (Danny Porush's fictional counterpart) approaches Belfort at a restaurant about what he does for a living, after seeing Belfort's Jaguar in the parking lot. In reality, Belfort met his future business partner, Danny Porush, through Danny's wife Nancy.

Porush and Nancy lived in the same building in Queens where Belfort lived with his first wife Denise, as Nancy told Doree Lewak with The New York Post in 2013 shortly before "The Wolf of Wall Street" came out. Nancy explained how she took the same bus into the city for work as Belfort, saying, "the commute to the city each day was hard because I became pregnant right away. There was a nice boy from our building on the same bus who always gave up his seat for me. His name was Jordan Belfort, and he worked in finance ... I pushed Danny to talk to Jordan ... After just one conversation, Danny came back and announced he was taking the Series 7 exam to get his stockbroker's license."

In the New York Post article, Nancy detailed how her husband changed once he began working with Belfort and making serious cash, saying, "Up until then, Danny never seemed to care about money ... I saw him morph from a nice wholesome guy into showy narcissist whom I hardly recognized anymore." After being arrested for securities fraud, Porush left Nancy for another woman. They are now divorced, and he lives in Florida with his second wife. We can't help wondering if Nancy ever regrets introducing her ex-husband to Belfort.

Belfort's destroyed yacht once belonged to Coco Chanel

Jordan Belfort bought a yacht and named it after his second wife. In the film, the boat is named Naomi after the character played by Margot Robbie, but in real life the boat was called the Nadine . True to the film, Belfort insisted his boat's captain take the yacht into choppy waters, where the boat happened upon powerful but unpredictable mistrals, leading to the Nadine sinking into the Mediterranean Sea in an event known as Mayday In The Med . Belfort, his guests and crew, were rescued by the Italian coast guard.

What the film doesn't tell you is that Belfort's yacht had an interesting past. Belfort's vintage yacht once belonged to none other than the famous French fashion designer Coco Chanel. Chanel is known for her outspoken nature and is associated with quite a few fiercely female quotes. Chanel is quoted as saying , "As soon as you set foot on a yacht, you belong to some man, not to yourself, and you die of boredom." Rather than avoid luxury yachts all together, Chanel made the boss move of buying her own in 1961, naming her the Matilda (per Boss Hunting ).

As bizarre as this interlude of the film was, it actually happened, with one major difference. In an interview with The Room Live , Belfort explained how the group waiting to be rescued had to push the helicopter off of the boat to make room for a rescue team to lower down onto the yacht. In the film, the waves knock the helicopter off of the yacht. Belfort also explains that although his private jet also crashed, it was 10 days after the yacht sunk, not at the same time, as it was depicted in the film for dramatic effect.

Steve Madden spent time in prison for stock fraud

Although they don't talk about it in the movie, Steve Madden also went to prison for stock fraud and money laundering along with Jordan Belfort and Danny Porush. The New York Times reported in 2002 that Madden "was arrested in 2000 as a result of an investigation of a scheme to manipulate 23 initial public stock offerings underwritten by the companies Stratton Oakmont and Monroe Parker Securities ... It included the initial public stock offering of his own company in 1993."

True to the film, Danny Porush, Azoff's real-life counterpart, really was childhood friends with Steve Madden. Like Belfort and Porush, Madden loved debauchery and Quaaludes, so much so he didn't finish college because of how much he was partying. Although Madden wrote about his wild days in his memoir, his time partying with the Stratton Oakmont "fraternity" was not included in the film. Stratton Oakmont took Madden's company public, making him instantly rich ( per The New York Post ).

As reported by the New York Post, Madden wrote about this period of his life in his memoir "The Cobbler: How I Disrupted an Industry, Fell from Grace & Came Back Stronger Than Ever." In his book, Madden wrote, "Jordan was like no one else I have ever met before or since. He became one of the most influential people in my life ... I was pumping and dumping [stocks] right alongside them." Madden wound up serving 31 months for his financial crimes and his involvement with Stratton Oakmont's schemes. Unlike Porush and Belfort, Madden could continue working at his company after being released from prison.

Belfort was ordered to pay restitution to his victims

When Belfort was convicted of money laundering and stock fraud in 2003 for Stratton Oakmont's "pump and dump" schemes, he was sentenced to four years in prison and ordered to pay over $110.4 million in restitution (per Crime Museum ). Belfort only served 22 months for his crimes and a judge ordered him to pay half of his income once he was released from prison.

In 2013, just after the film was released, CNN reported Belfort had only contributed a little over $11 million to the fund for victims, much obtained from confiscated possessions. At the time the film came out, Belfort allegedly stated he would hand over all of his royalties from the film and the book. But in 2018, Fortune Magazine reported government officials claimed Belfort still owed $97 million, meaning that over the previous 5 years, Belfort only contributed an additional $2 million dollars to the victims' fund. $2 million dollars is more than most of us will ever see, but Belfort is still making good money as a motivational speaker.

As reported by Fortune Magazine, there is a disagreement between Belfort's attorneys and prosecutors over what income can be garnished for restitution. Belfort reportedly earned around $9 million dollars between 2013 and 2015, but neglected to pay half of those earnings to the victims' fund. Although Belfort claims he will feel better after he has paid the money back, he doesn't seem to be fulfilling his end of the court order. Belfort obviously still enjoys a life of luxury and it is hard to reconcile his claims of being reformed with his reluctance to pay the restitution to his victims. In her New York Post article Nancy Porush reminded us, "Greed is not good — it's ugly."

Tommy Chong was Belfort's cellmate in prison

"The Wolf of Wall Street" ends with Jordan Belfort in a cushy white-collar prison with tennis courts, but the film didn't tell us who Belfort's cellmate was. Belfort and Tommy Chong of the comedy duo "Cheech & Chong" were cellmates before Chong was released. In 2014, Belfort spoke to Stephen Galloway with The Hollywood Reporter about his time in prison. He explained, "[Chong] was in the process of writing his book. We used to tell each other stories at night, and I had him rolling hysterically on the floor. The third night he goes, 'You've got to write a book.' So I started writing, and I knew it was bad. It was terrible. I was about to call it quits and then I went into the prison library and stumbled upon 'The Bonfire of the Vanities' by Tom Wolfe, and I was like, 'That's how I want to write!'"

In 2014 Chong spoke with Adrian Lee at Maclean's about how he met Belfort in prison and giving Belfort feed back on his pages, saying "After a while he showed me what he had written, and it was the only time I had critiqued someone really heavy — usually when someone writes something, you say, 'Oh yeah, that's great, keep going.' But I knew instinctively he had a lot more to offer than what he showed me ... I told him ... 'No, you've got to write those stories you've been telling me at night. Your real life is much more exciting than any kind of imaginary story you could come up with.'"

Stratton Oakmont was never on Wall Street

Although the memoir and film are titled "The Wolf of Wall Street," Jordan Belfort only worked on Wall Street for several months in 1987 at L. F. Rothschild. Black Monday put an end to his days at a Manhattan based brokerage firm. As we see in the film, it was on Long Island that Belfort got a job at the Investor's Center selling penny stocks from the pink sheets and found his calling: his get-rich-quick scheme, selling nearly worthless stocks for a 50 percent commission to people who couldn't afford to lose the money (per NY Times ).

Belfort soon went out on his own, founding Stratton Oakmont with Danny Porush, where they began targeting rich investors using a persuasive script and "pump and dump" tactics — making Belfort, Porush and their brokers rich, while leaving their clients broke. As reported by the Washington Post in 1996, Stratton Oakmont was disciplined for securities violations as early as 1989, and continued to be disciplined almost annually.

Jimmy So with The Daily Beast, maintains, "The problem with 'The Wolf of Wall Street' is that the self-fashioned wolf was nowhere near the real Wall Street." The memoir and film made the brokerage firm seem like a much bigger deal than they really were, despite the financial ruin they left in their wake. Stratton Oakmont's offices were on Long Island, not Wall Street.

Jordan Belfort was never called 'The Wolf of Wall Street'

Scorsese's film makes it seem like Forbes gave Jordan Belfort the nickname, "The Wolf of Wall Street" when they published a takedown about Stratton Oakmont's questionable business practices. Forbes wrote an article about Stratton Oakmont's dirty deeds in 1991, but the article did not call Belfort "the wolf of wall street." In 2013, Forbes revisited Roula Khalaf's original article, where she called Belfort a "twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers." 

Danny Porush, Belfort's former partner and one-time friend, told Mother Jones  that nobody at the firm ever used the "wolf" moniker. As reported by CNN , Belfort came up with the nickname himself for his memoir. As Porush told Mother Jones, Belfort's "greatest gift was always that of a self-promoter." But as Joe Nocera with the NY Times said, "who would ever buy a ticket to a movie called 'The Wolf of Long Island'?"

Belfort had a head-on collision while driving under the influence of Quaaludes

When the real Jordan Belfort crashed his car while on Quaaludes, he was in a Mercedes Benz rather than a Lamborghini, and someone was actually injured. Belfort had a head-on collision while driving home from the country club where he used the pay phone, sending the woman he collided with to the hospital (per The Daily Beast ). None of Belfort's crimes are victimless.

This type of discrepancy is central to the complaints about both Belfort's memoir and the film. Although Belfort says he regrets his crimes, he is too busy boasting about the parties, the riches, the drugs, and the sex to sound like he regrets anything except getting caught. Belfort's memoir and the film it inspired might seem like a celebration of greed and excess, but they are also a depiction of the ostentatious behavior that eventually drew the attention of the authorities.

Scorsese's "The Wolf of Wall Street" might not tell you everything about the true story, but what it does is reveal how audiences love watching someone else's destructive behavior. We get all the thrills and none of the consequences. As screenwriter Terence Winter told Esquire, "I'd much rather watch somebody who isn't responsible, who makes all the wrong decisions and hangs out with the wrong people. That's more satisfying. We may live like saints, but when it comes to our fantasy life, everybody's got a little larceny in their soul."

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Meet the Real Wolf of Wall Street Superyacht Built for Coco Chanel

The yachting disaster is one of the most dramatic scenes in Martin Scorsese’s blockbuster The Wolf of Wall Street , and like many of the tales in the Leonardo DiCaprio flick, it’s based on a true story. In real life, predatory tycoon Jordan Belfort bought a yacht in 1993 called Big Eagle and renamed her Nadine , after his English-born second wife. The vessel had been built in 1961 by Witsen & Vis in Holland for fashion icon Coco Chanel, but had undergone many transformations by the time Belfort got his mitts on it. Originally 121 feet long, in the 1970s she was extended by nearly 15 feet, and in 1988 she was cut in half and had another 29-foot section grafted on, finally totaling 167 feet.

The luxury yacht used in Scorsese’s film actually bears little resemblance to the  Nadine , being a far more modern vessel. The director hired the 148-foot  Lady M , built by Intermarine Savannah in 2002 and refit in 2011, for filming. It features luxury accommodations for 10 guests, and a marble and granite interior with gold accents.

In Coco Chanel’s day the yacht was mainly used to cruise from Monaco to Deauville for the summer horse racing season. The real  Nadine  sank in 1997 during a storm off the east coast of Sardinia while crossing from Porto Cervo to Capri, much as the movie depicts. Belfort has said that his insistence on sailing in a storm caused the yacht to capsize. Luckily, everyone on board at the time was rescued by the Italian coast guard. 

Jared Paul Stern

Jared Paul Stern, JustLuxe's Editor-at-Large, is the Executive Editor of Maxim magazine and has written for the Wall Street Journal, New York Times, the New York Times' T magazine, GQ, WWD, Vogue, New York magazine, Details, Hamptons magazine, Playboy, BlackBook, the New York Post, Man of the World, and Bergdorf Goodman magazine among others. The founding editor of the Page Six magazine, he has al... (Read More)

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The Wolf of Wall Street: History vs. Hollywood

Did Jordan Belfort really meet his future business partner in a restaurant?

What was the name of Belfort's brokerage house?

The Wolf of Wall Street true story confirms that, like in the movie, Stratton Oakmont was the name of the real Jordan Belfort's Long Island, New York brokerage house. Belfort and co-founder Danny Porush (played by Jonah Hill in the movie) chose the name because it sounded prestigious ( NYTimes.com ). The firm would later be accused of manipulating the IPOs of at least 34 companies, including Steve Madden Ltd. (their biggest deal), Dualstar Technologies, Paramount Financial, D.V.I. Financial, M. H. Meyerson & Co., Czech Industries, M.V.S.I. Technology, Questron Technologies, and Etel Communications.

What exactly did Jordan Belfort do that was illegal?

Belfort's Stratton Oakmont brokerage firm ran a classic "pump and dump" operation. Belfort and several of his executives would buy up a particular company's stock and then have an army of brokers (following a script he had prepared) sell it to unsuspecting investors. This would cause the stock to rise, pretty much guaranteeing Belfort and his associates a substantial profit. Soon, the stock would fall back to reality, with the investors bearing a significant loss. -NYTimes.com

How many employees worked for Jordan Belfort's brokerage firm?

At its peak in the 1990s, Stratton Oakmont, Belfort's firm that he co-founded with Danny Porush, employed more than 1,000 brokers. -TheDailyBeast.com

Danny Porush says the movie's dwarf-tossing scene (above) never happened. Even Belfort's book only discusses it as a possibility. Did Jordan Belfort really host an in-office dwarf-tossing competition?

No. "We never abused [or threw] the midgets in the office; we were friendly to them," Danny Porush (the real Donnie Azoff) says. "There was no physical abuse." Porush does admit that the firm hired little people to attend at least one party. Jordan Belfort's memoir The Wolf of Wall Street only discusses the tossing of little people as a possibility, not something that actually happened. -MotherJones.com

During what years did the events in the movie take place?

The events in The Wolf of Wall Street movie took place during the late 1980s and early 1990s. Jordan Belfort and Danny Porush founded the brokerage firm of Stratton Oakmont in the late 1980s. The securities fraud and money laundering charges brought against the firm involved companies that Stratton Oakmont helped raise money for in public stock offerings from 1990 through 1997. In 1996, Stratton Oakmont was banned from the brokerage industry, which eventually forced the company to close its doors. -NYTimes.com

Was Jordan Belfort really known as the "wolf" of Wall Street?

No, at least not according to the former co-founder and president of the Stratton Oakmont brokerage firm, Danny Porush (portrayed by Jonah Hill in the movie). The real Porush says that he is not aware of anyone at the firm calling Jordan the "wolf." Porush says that it's just one of a number of exaggerations and inventions in both Belfort's book and the movie. -MotherJones.com

Is Matthew McConaughey's character, Mark Hanna, based on a real person?

Yes. In exploring The Wolf of Wall Street true story, we learned that Jordan Belfort claims to have met Matthew McConaughey's character's real-life counterpart, Mark Hanna, in 1987 when he was working at the old-money trading firm of L.F. Rothschild. His new acquaintance was an uproarious senior broker at the firm and introduced Belfort to the excess and debauchery that Belfort would later make a daily staple at Stratton Oakmont. Like in the movie, the real Mark Hanna behind McConaughey's character told Belfort that the key to success was masturbation, cocaine and hookers, in addition to making your customers reinvest their winnings so you can collect the commissions. -TheDailyBeast.com

Did Jordan Belfort really abuse cocaine and other drugs?

Yes. In The Wolf of Wall Street movie, Jordan Belfort (Leonardo DiCaprio) is shown snorting cocaine off a prostitute's backside and nearly crashing his private helicopter while high on a cocktail of prescription drugs, including Quaaludes, morphine and Xanax. In researching The Wolf of Wall Street true story, it quickly became clear that Belfort used drugs heavily in real life too. In his memoir, he states that at times he had enough "running through my circulatory system to sedate Guatemala."

Jordan Belfort did give speeches like DiCaprio in the movie (left). Right: The real Belfort speaks at a 1994 Stratton Oakmont Christmas party (right). Did Belfort really stand in front of his employees and give riling speeches with a microphone?

Yes. Belfort was known to stir his troops into action by belting out words of motivation through a microphone. However, his speeches were often filled with more self-adulation than DiCaprio's speeches in the movie.

Did a female employee really let them shave her head for $10,000 to pay for breast implants?

The real Jordan Belfort claims this is true in his memoir. The female employee let them shave off her blonde hair for $10,000, which she used to pay for D-cup breast implants. Co-founder Danny Porush also says that the shaving took place, "...the worst we ever did was shave somebody's head and then pay 'em ten grand for it," says Porush. -MotherJones.com

Was Jordan Belfort's Quaalude dealer in the movie, Brad Bodnick (Jon Bernthal), based on a real person?

Yes. The character in the movie, Brad Bodnick, who has a goatee and is portrayed by The Walking Dead 's Jon Bernthal, is based on Jordan Belfort's real-life Quaalude supplier, Todd Garret. In his memoir, the real Jordan Belfort claims that Garret sold him approximately 10,000 Quaaludes.

Was there ever a chimpanzee in the office?

No. According to co-founder Danny Porush (played by Jonah Hill in the movie), the scene where Leonardo DiCaprio's character pals around with a chimp is pure monkey business. "There was never a chimpanzee in the office," says Porush. "There were no animals in the office...I would also never abuse an animal in any way" (though he does admit to eating the goldfish, see below). -MotherJones.com

Did he really almost crash his helicopter in his yard?

Did Danny Porush really marry his own first cousin?

Yes. According to Jordan Belfort's memoir, the real Donnie Azoff (whose actual name is Danny Porush) did marry his first cousin Nancy "because she was a real piece of ass." After twelve years of marriage, the couple divorced in 1998 after Danny told Nancy that he was in love with another woman ( NYPost.com ). Danny and his ex-wife share three children together.

Did Belfort and his colleagues really have drug-addled nights and sexcapades with prostitutes on a near daily basis?

Though the movie and Belfort's memoir might seem like gross exaggerations of the truth, depicting heavy drug use and sexcapades in the office during trading hours, they're not exaggerations at all says the F.B.I. agent who finally took Belfort into custody, "I tracked this guy for ten years, and everything he wrote is true." Kyle Chandler portrays the agent in the Martin Scorsese movie. -NYTimes.com

Was Belfort really arrested for crashing his Lamborghini while high on expired Quaaludes?

Yes, but according to Belfort the car wasn't a Lamborghini like in the movie, it was a Mercedes. He was so high in a drug daze that he couldn't remember causing several different accidents as he tried to make his way home. In real life, one of the accidents was a head-on collision that actually sent a woman to the hospital. -TheDailyBeast.com

The real Donnie Azoff, Daniel Porush, says that he really did swallow a goldfish like Jonah Hill (pictured). Did Danny Porush really swallow a goldfish?

Yes. According to the real Donnie Azoff, whose actual name is Danny Porush, the scene where Jonah Hill's character eats a goldfish is based on a true story. "I said to one of the brokers, 'If you don't do more business, I'm gonna eat your goldfish!'" Porush recalls. "So I did." -MotherJones.com

Did they really tape money to a woman's body?

In one scene of The Wolf of Wall Street movie, bricks of cash are taped to a Swiss woman's body. "[I] never taped money to boobs," the real Danny Porush says (played by Jonah Hill in the movie). According to Jordan Belfort's memoir, the event did happen but his partner Porush wasn't there. -MotherJones.com

Was footwear mogul Steve Madden really involved in Belfort's scheme?

Yes. As shown in The Wolf of Wall Street movie, Steve Madden had been a childhood friend of Belfort's partner Danny Porush (renamed Donnie Azoff in the movie and portrayed by actor Jonah Hill). Their fondness for drugs and alcohol reunited the two of them. During the initial public offering of his footwear company, Steve Madden Ltd., Madden acquired a large number of shares of his company, which were actually being controlled by Belfort and his firm, Stratton Oakmont. Once shares became available to the public, Stratton Oakmont got down to the business of selling them to unsuspecting suckers. Billing Madden's company as the hottest issue on Wall Street, Belfort's brokers in turn drove up the price. Eventually, Steve Madden was to sell off his shares when the hype was at its peak, just before the stock began its inevitable decline. Similar to what is seen in the movie, Belfort still maintains that Steve Madden tried to steal his Steve Madden shares from him. However, Jordan Belfort did make approximately $23 million in two hours as part of the deal with Steve Madden, who would later be charged as an accomplice to Belfort's scheme. -NYTimes.com For his part, Steve Madden was sentenced to 41 months in prison and was forced to resign as CEO of Steve Madden Ltd. He also resigned from the company's board of directors. However, he did not leave the company entirely. He kept his foot (or shoe) in the door by giving himself the title of creative consultant, for which he was well-compensated even while he was in prison. -Slate.com

Did Jordan Belfort really name his yacht after his wife?

Did Belfort's yacht really sink in a Mediterranean storm?

Yes. In real life, Belfort's 167-foot yacht, which was originally owned by Coco Chanel, sunk off the coast of Italy when Belfort, who was high on drugs at the time, insisted that the captain take the boat through a storm ( TheDailyBeast.com ). Listen to Belfort tell the story during The Room Live 's Jordan Belfort interview . As he states in the interview, his helicopter didn't fall off the boat during the storm like in the movie. Instead, they had to push the helicopter off of the top deck of the boat to make room for the rescue chopper to drop down an Italian Navy commando.

How long did FBI agent Gregory Coleman spend tracking Jordan Belfort and his firm?

FBI agent Gregory Coleman, renamed Patrick Denham for the film and portrayed by actor Kyle Chandler, made tracking Belfort and his firm, Stratton Oakmont, a top priority for six years. In an interview ( watch here ), Coleman says that the factors that drew his attention to the firm were "the flashiness, the brashness of their activities, the blatantness of the way they were soliciting people and cold calling people, and the number of victims that were complaining on a daily basis." -CNBC

Did Jordan really strike his wife?

Yes. The Wolf of Wall Street movie shows Jordan (Leonardo DiCaprio) hitting his wife (Margot Robbie) with his hand and fist. According to his memoir, he actually kicked his wife Nadine down the stairs while he was holding his daughter. She landed on her right side with "tremendous force."

Did Belfort really endanger his 3-year-old daughter's life by crashing his car through the garage door?

Yes. In real life, he put his daughter Chandler in the front seat of the car without a seat belt on, before crashing it through the garage door and then driving full speed into a six-foot-high limestone pillar at the edge of the driveway. Like in the movie, he was high at the time.

Tommy Chong was Jordan Belfort's cellmate in prison and encouraged him to write the book. What was Jordan Belfort's punishment?

When he was finally arrested in 1998 for money laundering and securities fraud, Jordan Belfort was sentenced to four years in prison. This was after agreeing to wear a wire and provide the FBI with information to help prosecute various friends and associates. In the end, the true story reveals that he served only 22 months in a California federal prison. His cellmate in prison was Tommy Chong of "Cheech and Chong" fame, who was serving a nine month sentence for selling bongs. -TheDailyBeast.com

What inspired Jordan Belfort to write his memoir?

It wasn't so much a what as it was a who. Tommy Chong (one half of "Cheech and Chong") was Jordan Belfort's cellmate in prison. After laughing at some of Belfort's stories from his days running the firm, Chong encouraged him to write a book. -TheDailyBeast.com

Why is Jordan Belfort's memoir filled with so many exclamations?

Jordan Belfort attempted to model his writing after Hunter S. Thompson ( Fear and Loathing in Las Vegas ), who was known for using plenty of exclamation points.

What happened to Belfort's partner, Danny Porush, portrayed by Jonah Hill in the movie?

Danny Porush, renamed Donnie Azoff for the movie and played by actor Jonah Hill, served 39 months in prison for his part in the corrupt dealings of Stratton Oakmont, the firm that he co-founded with Jordan Belfort. Porush currently runs a medical supply business in Florida, where he lives with his second wife Lisa in a $4 million mansion. A 2008 Forbes article pointed out his company's fraudulent tactics, which included trying to persuade people to order diabetic supplies and getting them to provide information about their physicians that could be used to bill Medicare. A number of complaints surfaced accusing Porush's company of sending unsolicited packages that were accompanied by unexpected Medicare charges. Back in 2001, Porush was arrested in connection to a fraud scheme surrounding Noble & Perrault Collectibles, a company that sold commemorative coins over the phone. Victims saw their credit cards charged repeatedly, at times for thousands of dollars, while often never receiving any merchandise for purchases that were largely unauthorized to begin with. -Sun Sentinel Enjoying a well-to-do life in Florida, Daniel Porush and his wife drive matching Rolls-Royce Corniche convertibles. With regard to The Wolf of Wall Street movie, Porush said, "I really have no comment other than to say I would never try to profit from a crime I'm so remorseful for." -NYPost.com

I heard that Jordan Belfort is a motivational speaker, is that true?

How much did Jordan Belfort earn from his books and the movie?

Catching the Wolf of Wall Street includes more of Belfort's outrageous stories that were not included in his first book. As we investigated The Wolf of Wall Street true story, we discovered that Jordan's books, The Wolf of Wall Street and Catching the Wolf of Wall Street , netted him a $1 million advance from Random House. He also earned $1 million for the film rights to his story ( TheDailyBeast.com ). In a response to criticism over these profits and future profits from the movie, Jordan Belfort said the following via his Facebook page, "I am not turning over 50% of the profits of the books and the movie, which was what the government had wanted me to do. Instead, I insisted on turning over 100% of the profits of both books and the movie, which is to say, I am not making a single dime on any of this." According to Jordan, the money is being used to pay back the millions still owed to those who were scammed by his brokerage firm Stratton Oakmont.

Does Jordan Belfort have a cameo in The Wolf of Wall Street movie?

Yes, the real Jordan Belfort appears at the end of the movie as the person who introduces Leonardo DiCaprio's character before he takes the stage at his Straight Line seminar.

Have any other movies been based on Jordan Belfort's story?

Yes, but only loosely. The brokerage firm in the movie Boiler Room , released in 2000, was inspired by the illegal practices of Jordan Belfort's Stratton Oakmont firm. In the movie, actor Ben Affleck portrays Jim Young, the Belfort-esque co-founder of the firm, who, like Jordan Belfort, trains his brokers in the "pump and dump" scheme. -NYTimes.com

Watch The Wolf of Wall Street movie trailer. Also, view Jordan Belfort interviews and home video footage of him speaking at a Stratton Oakmont party in the 1990s.

• Jordan Belfort's Website
• Danny Porush's Website (played by Jonah Hill)
• Mark Hanna's Website (played by Matthew McConaughey)
• The Wolf of Wall Street Official Paramount Movie Site

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Jordan Belfort’s Ex-Wife Nadine Caridi and Mother of His Two Kids

Nadine Caridi aka Dr. Nadine Macaluso is a former Britain model, who currently works as a marriage and family therapist. She is very famous for being a ex-wife of an American author and former stockbroker, Jordan Belfort. 

She was born on December 24, 1967, in London, England, UK, and her zodiac Scorpio.

Here are 10 facts about Nadine Caridi's life; 

What's her Net Worth? 

Nadine Caridi has accumulated a massive net worth of $2 million through her professional career as a marriage and family therapist. Her income from a previous modeling career also contributes to her huge fortune. 

In addition, Caridi's husband, John Macaluso has a huge net worth of $5 million as an entrepreneur based in New York City. 

Endorsement 

Nadini Caridi, who also has official website , has been endorsed by numbers of top companies like Miller Lite. She has been featured as a model in several Miller Lite ads including in the popular Miller Lite Monday Night Football commercials in 1990's.

Husband - John Macaluso 

The man behind Nadine Caridi's cheerful face is none other than her husband John Macaluso. The pair had their wedding ceremony in Manhattan Beach in the presence of close friends and family.

The couple liked one another from their first meet and started dating. The duo is considered to be an ideal match and has been living a happy married life. 

John Macaluso is a former businessman based in New York, who served as a CEO of Wizard World.

Ex Husband - Jordan Belfort 

Caridi was married twice, where Jordan Belfort was the first husband of Nadine Caridi. The former lovebirds were introduced by Caridi then-boyfriend, Wilzig at the part conduct by Belfort. 

The duo fell instantly for each other after their first met, even though Belfort was married to Denise Lombardo.  In 1991, following Belfort's divorce, the couple tied the knot in the Caribbean. The pair had wonderful memorial moment throughout their marriage and shares two children together. The two got divorced in 2005.

Past Relationship and Dating Affairs 

Caridi was in a relationship with Alan Wilzig, during the beginning days of her modeling career. The lovebirds dated for the couple for years before she met her first husband Jordan Belfort.  Alan Wilzig is a former American race car driver and chairman of the Trust Company of New Jersey . 

Five Children 

Nadine Caridi and John Macaluso are parents of five children; four daughters Frankie Macaluso, Allie Macaluso, Nicky Macaluso, and Chandler Belfort, and a son Carter Belfort. 

Allie, Nicky, and Frankie are children of John Macaluso from his first marriage. 

Chandler and Carter are children of Caridi with Jordan Belfort. The family has been a healthy relationship and spend quality of time as a weekend trip, family picnic, and vacation.

Body Measurement 

The 51 -year-old Caridi is the mother of the beauty with glamorous looks. She has a sizzling hot figure of 36-26-37 inches of bust, waist, and hip respectively. 

She is tall about 5 feet 4 inches (1.62m) in height and weighs around 60 kg (132Ibs). Her grey eyes are elegant and she has remarkable blonde hair.

Education - Alma Mater

Talking about Caridi's education, she studied and earned a high school certificate from John Dewey High School located in Gravesend, Brooklyn, New York City. 

She has completed her Master's degree in Clinical Psychology from the Pacifica Graduate Institute and PhD in 2015.

Social Work 

Besides Caridi's busy schedule, she is actively involved with social organizations and volunteers in charity functions. She joined P.S. I Love You Foundation in 2017 as the members of the board of the director. 

Yacht Gifted by Jordan Belfort

Nadine Caridi was gifted a lavish Yacht by her former husband Jordan Belfort in 1961 and named after his wife after purchase.

The yacht was previously owned by Coco Chanel, who was a famous French fashion designer and founder of the brand "Chanel". In 1997, the yacht got sink off on the east coast of Sardinia.

Visit Glamour Path for more Celebrities Fun Facts.

• Nadine Caridi
• John Macaluso
• Jordan Belfort
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kc135delta Member

I saw this m/y on another thread here and it peaked my curiosity. Very narrow beam, apparently extended a couple times and then it sank off the coast of france. Does anyone know where she was built? Specs? Engines? Any sister ships? And why did she sink?

Norseman Senior Member

And why did she sink? Click to expand...

captholli Senior Member

Built in Holland in one of the founding federation of ship builders that finally became the modern day two Feadship yards of Van Lent and DeVries. Believe she was launched as CoCo Chanel (not sure) than named Jan Pamela and "Jumbolized" or a mid section of 30' fabricated @ Merrill Stevens and installed in 1982. Sank while making passage from Naples to Sardinia as the loss has been well documented.

NYCAP123 Senior Member

Back at the time of her sinking I'd heard that a forward hatch blew open in rough seas and it was a done deal from there. They tried to jettison the toys to regain stability, but it was too little, too late.

K1W1 Senior Member

Hi, The Skipper of it when it sank is a well known and active character within the industry to this very day. I found this on another site. Nadine's sinking was indeed caused by the violent waves. A foredeck hatch was smashed, allowing water to flood the crew quarters and bringing the yacht down by the bow. This allowed more waves to break over the fordeck and they caused one of the large tenders carried there to shift, breaking one of the dining salon windows that overlooked the foredeck, which causing flooding on the maindeck. As if that wasn't bad enough, the violent motion of the yacht caused the swim platform to rip off the hull, allowing the lazarette to flood.

Ahh, now its coming back to me, The first lengthening was the 12' cockpit addition @ Merrill Stevens in 1980 the original machinery in place when launched was Detroit Diesel 12-71 naturals for mains and 6-71 gens. Mains replaced in 1991 with Cat 3412 and Gens replaced with N.L. -This work was also done by Merrill Stevens in Miami.

captholli said: Mains replaced in 1991 with Cat 3412 and Gens replaced with N.L. -This work was also done by Merrill Stevens in Miami. Click to expand...

C4ENG Senior Member

But then not to long after the Nadine sinking, Mr. Little hired that Capt to run Starship. Proved to be a good idea because that captain did an excellent job marketing the vessel for charter. I then felt fortunate enough to be there when Mr. Little did has last boat ride before departing for the big boat in the sky. We went to Freeport Bahamas Port Luycaya. The unique thing was, on that trip I never seen him happier.

Hi, Uncle Bernie as we used to call him was an outstanding Owner and one heck of a gentleman to work for or be associated with.

I was the Engineer from '80 to '84 when Mel Powers out of Dallas owned her as Jan Pamela and Norm Dahl was Capt. So I have first hand knowledge of what, when and where the cockpit and and mid section were added right down to a young Kiwi, Paul Solenicks contracted to provide the electrical work through his newly formed Co. Tess Marine. After Mel filed chapter 13 the boat went up for auction and the Whole crew went on to Empress Subaru.

nas130 Member

The autobiography "The Wolf of Wall Street" and "Catching the Wolf of Wall Street" both have some information about the sinking of the Nadine. The movie "Boiler Room" was allegedly the story of Nadines owner’s business on Long Island. I think the book about megayacht disasters also has some interviews with the captain and crew that were taken after sinking.

Hi, Captholli- Would your first name be Mark by any chance?

No, But enjoying the anonymity as you do "Kiwi" Cheers!

Hi, I asked because in 1984 I met a guy who was Chief on Empress Subaru and I thought his name was Mark Hollingsworth. He also got speared in the foot with a dart at a party I was at. By the way Paul Salenieks expanded his co - Tess Electrical Marine and sold it out to a multi national.

Neil Rooney Senior Member

Seawind with Allison C-18 I have been a passenger in that Seawind a few times. She was powered by an Allison C-18 Turbine with a cut down 3 blade prop. Quite a fast plane. The plane was in the USA when Nadine went down. Do read the account in "The Wolf OF Wall Street".

Benprez New Member

this boat was once owned by Jordan Belfort the wolf of wall street it sunk watch the youtube story jordan belfort yacht story

Hi, It had a few more interesting Owners as well. The late great Bernie Little and the infamous Mel Powers to name just two.

CaptTom Senior Member

Benprez said: ↑ this boat was once owned by Jordan Belfort the wolf of wall street it sunk watch the youtube story jordan belfort yacht story Click to expand...

stgeorge123 New Member

MY Nadine With the new movie 'The Wolf of Wall Strret' about to come out, I relooked at this thread and discovered it has never been clearly answered. The 'Nadine' was originally built at Niklaas Vitsen und vis in Aalkmar Holland circa 1962 for a wealthy French industrialist - she was floated as 'Mathilda' and retained this name until May 1977 when she was renamed Coco Chanel and crossed over to the US. She was originally fitted with GM Diesels and Mercedes gensets.The next time she was over in the Med, if my memory serves me right was in 1988 at the Cannes Film Festival, on charter having come across on Dock Express. Jordan Belfort was onboard with guests and full crew when she sadly sank off Corsica (all rescued fortunately) - theories and way she sank are numerous and probably mostly inaccurate, but I believe her length, by now 53 metres instead of the 40 metres she was originally built at, contributed. However, having sailed on this vessel as Ch.Off from 1970 - 1977, she should never have set sail in the weather conditions that day, which eventually were worse than forecast - whatever the Owner said!!

Hi, Mel Powers owned it when it was stretched by Merril Stevens in Miami. It lurked around the area for a few years and the late Bernie Little expressed an interest in it when it was called Jan or Jam Pamela and was laying at Merril Stevens in 1988. I was working for BLL on something else and was asked to go take a look. I next saw it when I was in Astilleros in Palma in the summer of 1989. Follwing this it was acquired by BLL and I worked on the refit when it was repowered with CAT 3412's and CAT Gensets in late 1992. The rest as they say is history - there are varying accounts of many historical events so this fits well.

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Jordan Belfort's ex-wife speaks out on how accurate The Wolf of Wall Street portrayed their relationship

Nadine caridi was the inspiration for margot robbie's character in the wolf of wall street, and now she's offered her side on the hit film.

Nadine Caridi, the ex-wife of Jordan Belfort – better known to movie audiences as the Wolf of Wall Street – has lifted the lid on how accurate the movie was when depicting their relationship.

The film has been out for nine years now, so we don’t need to give you a spoiler alert on this front – but just know that the truth of the matter isn’t exactly like Martin Scorcese filmed it, according to the woman who inspired the character nicknamed ‘The Duchess’.

Portrayed by Margot Robbie in the film under the name Naomi Lapaglia, Caridi was married to Jordan Belfort – himself played by Leonardo DiCaprio – during the time that the film spans.

Of course, the film wasn’t supposed to be a true-to-life depiction of Caridi, but the comparisons are still evident.

Over the time of their marriage, Belfort embarked on a career defined by drugs, women, and white collar crime .

It didn’t end well for him, as he ended up spending a number of years in prison.

However, upon his release, he wrote the book that became the film and suddenly he has become a bit of a cult hero, despite not coming across as the nicest bloke in the world during the movie.

Anyway, since her split from Belfort, Caridi has moved on with her life significantly, and is able to reflect on some of the things that formed the plot of the movie.

On TikTok, she said: “So, can you imagine having a movie made about your life, about your love life, that was a Greek tragedy?

“It’s not fun, but guess what – I had that happen. How accurate was the movie?

“I think that if you look at it through Jordan’s lens it was really accurate.

“I think that if you look at it through my lens it wasn’t, and that makes sense because that was actually how our marriage was.

“However, I went to therapy, I became a therapist, actually got my PhD, and became an expert in relational trauma.

“And so, I am able to discern his truth, my truth, and everything in between, so stay and watch."

She’s right too – Caridi went from her life with Belfort to living in California with – she claims – no support from her husband.

Then, she enrolled at the Pacifica Graduate Institute and earned her Masters in counselling as well as a PhD in Somatic and Depth psychology.

She’s also remarried and is – as she rightly suggested – a relationship expert.

According to her YouTube channel Dr Nae’s Talking Bar, she shows off ‘people who thrived after overcoming challenging painful experiences and demonstrate how adversity transformed them, enrich their lives, and help them reach their unique potential.’

Topics:  TV and Film , Celebrity , Money , Weird

Tom Wood is a LADbible journalist and Twin Peaks enthusiast. Despite having a career in football cut short by a chronic lack of talent, he managed to obtain degrees from both the University of London and Salford. According to his French teacher, at the weekend he mostly likes to play football and go to the park with his brother. Contact Tom on [email protected]

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• Real footage from Wolf of Wall Street beach party as Jordan Belfort's ex-wife confirms disturbing act happened
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'Wolf of Wall Street' Jordan Belfort Lost a Fortune After His Scam Was Exposed; Here's His Net Worth

The Wolf's Den: Jordan Belfort's net worth chronicles

Jordan Belfort's net worth is currently negative $100 million due to his involvement in fraudulent activities, particularly pump-and-dump schemes conducted through his financial firm, Stratton Oakmont, from 1989 to 1996. Belfort, a former stockbroker and author, defrauded victims of hundreds of millions of dollars, leading to his indictment for securities fraud and money laundering in 1999. Despite his negative net worth, he has reinvented himself as a motivational speaker, charging substantial fees for speaking engagements and seminars.

Jordan Belfort's early life, motivational speaking and writing career

Jordan Ross Belfort was born in The Bronx, New York, on July 9, 1962. Raised in Bayside, Queens, he initially pursued a career in dentistry but left after one day of classes. Belfort entered the finance world and, after facing setbacks, founded Stratton Oakmont in the early 1990s. Convicted of securities fraud and money laundering in 1999, he served 22 months in prison.

Post-release, Belfort became a motivational speaker through his company, Global Motivation, Inc. He emphasizes the importance of ethics and learning from mistakes in business. Additionally, Belfort is a published author, with memoirs like "The Wolf of Wall Street" and "Catching the Wolf of Wall Street," the former adapted into a film starring Leonardo DiCaprio.

Jordan Belfort's luxurious yacht and its specifications

Belfort owned the luxury yacht "Nadine," built in 1961 for Coco Chanel. Renamed after his second wife, the yacht sank off the coast of Sardinia in June 1996. Belfort admitted to insisting on sailing in high winds against the captain's advice, leading to the vessel's demise. The Italian Navy's special forces rescued all aboard.

Jordan Belfort's rise to success, legal troubles, and the eventual downfall

Belfort's rise to success involved founding Stratton Oakmont in the early 1990s, orchestrating pump-and-dump schemes that defrauded investors of hundreds of millions. Legal troubles ensued, and in 1999, he was indicted for securities fraud and money laundering. Belfort's cooperation with the FBI led to a reduced sentence of 22 months in prison. His firm was expelled from the National Association of Securities Dealers in 1996, marking its downfall.

What are Jordan Belfort's Sources of Income?

Jordan Belfort's notorious journey towards financial crime started when he founded the firm Stratton Oakmont in 1989. This firm orchestrated elaborate pump-and-dump schemes, through which it defrauded unsuspecting victims of hundreds of millions of dollars. Belfort's primary source of income during this period were the ill-gotten gains from these schemes, which he used to fund a lavish lifestyle.

Jordan Belfort's residence in New York

Belfort's former residence in Long Island, New York, was seized by the federal government in 2001 and sold to compensate fraud victims. The property, initially listed for $3.4 million in 2017, faced price reductions, with the latest known price at $2.89 million in August 2018.

Jordan Belfort's financial journey and successful stock trading

Jordan Belfort's financial journey involved early ventures, including door-to-door meat and seafood sales. Despite bankruptcy at 25, he became a stockbroker, eventually founding Stratton Oakmont. His success was marred by fraudulent practices, resulting in legal consequences and a negative net worth. Belfort has written about his experiences and developed a system of sales advice called the "Straight Line System."

Lessons from Jordan Belfort's journey and impact of his story

Jordan Belfort's story serves as a cautionary tale about the consequences of financial fraud. Aspiring entrepreneurs can learn from his mistakes, emphasizing the importance of ethical business practices. Belfort's transformation into a motivational speaker and author reflects the possibility of redemption and personal growth after facing legal and financial setbacks.

          View this post on Instagram                       A post shared by Jordan Belfort (@wolfofwallst)

Buying and selling penny stocks

Jordan Belfort, the former stockbroker, was involved in fraudulent activities related to penny stocks through his financial firm, Stratton Oakmont. The firm engaged in pump-and-dump schemes, defrauding investors of hundreds of millions of dollars. Belfort's involvement in such schemes led to his indictment for securities fraud and money laundering in 1999.

Pump and dump scheme

Stratton Oakmont, founded by Jordan Belfort, orchestrated pump-and-dump schemes as part of its fraudulent activities. The firm manipulated stock prices, leading to inflated values that benefited Belfort and his associates. This scheme defrauded investors, and Belfort eventually faced legal consequences, serving 22 months in prison and being ordered to pay $110 million in restitution.

Earnings by year 

Social Media Following 

Personal life

Jordan Belfort's personal life has been marked by turmoil. He married Denise Lombardo in 1985, but their marriage ended in 1991. His second marriage, to British-born model Nadine Caridi in 1991, produced two children but ended in divorce in 2005 after allegations of domestic violence. Belfort later married Anne Koppe in 2008, divorced her in 2020, and began dating Cristina Invernizzi in 2021.

Jordan Belfort graduated from American University with a degree in biology. Initially planning to attend dental school, he changed his path after a discouraging speech by the dental school dean. Belfort's career took a different turn when he became a door-to-door meat and seafood salesman before entering the world of finance.

Why is Jordan Belfort's net worth in minus?

Jordan Belfort's net worth is negative $100 million because of his involvement in fraudulent activities.

How accurate is Wolf Of Wall Street?

While "The Wolf of Wall Street" is based on Jordan Belfort's memoir, it takes creative liberties and exaggerates some events.

Did Jordan Belfort lose his money?

Yes, Jordan Belfort lost a significant amount of money due to legal consequences from his fraudulent activities. He was ordered to pay $110 million in restitution to his victims.

How did Jordan Belfort build his net worth?

Jordan Belfort initially built his net worth through fraudulent activities as the founder of Stratton Oakmont, a financial firm engaged in pump-and-dump scheme.

How has Jordan Belfort spent his money?

Jordan Belfort spent his money on a lavish lifestyle, including buying a white Ferrari with his first Wall Street bonus, sinking a 167-foot yacht in a Mediterranean storm, running up a $700,000 hotel bill, and engaging in extravagant activities.

How do people live with a negative net worth?

Individuals with a negative net worth, like Jordan Belfort, may face financial challenges, including difficulties in repaying debts and meeting financial obligations.

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Hunter mauled by bear, then accidentally shot in struggle

A 32-year-old hunter is recovering after he was attacked by a brown bear and then shot amid the fray in Alaska.

The man's hunting party was attacked by a bear on the Resurrection Pass Trail near the town of Cooper Landing, in the vicinity of Abernathy Cabin, according to Alaska State Troopers. The Resurrection Pass Trail is located in southern Alaska.

The 32-year-old was "seriously injured" by the bear and the gunshot wound he suffered while trying to stop the attack. It's not clear who fired the shot that injured the man, officials said.

The bear was killed by the hunters in the attack.

The hunter received first aid in the field before he was transferred to an Anchorage hospital by helicopter.

The Resurrection Pass Trail is 39 miles long and climbs from 500 to 2,600 feet, according to the U.S. Forest Service.

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The Big Picture

• Chef Shillingford was surprised to learn Captain Yawn wanted him fired.
• Yawn considered replacing Shillingford after guest complaints about his food.
• Despite differences, Shillingford respects Captain Yawn post-filming.

Below Deck Mediterranean star Jonathan Shillingford is claiming that he had no idea Captain Sandy Yawn wanted him fired. The whole drama started unfolding majorly during Below Deck Mediterranean Season 9, Episode 4, which aired on June 24, 2024 , and especially after the current guests aboard Mustique complained about Chef Shillingford’s food . Now, according to Shillingford, not only did the Captain consider firing him from the reality series , but she also had a backup chef ready to replace him.

This came as a huge shock to Shillingford who joined Below Deck Mediterranean Season 9 as the new chef. In an interview with US Weekly, Shillingford admitted that it was not nice for him to know that Captain Yawn was trying to get rid of him . In fact, Shillingford revealed that he found out about her opinion of him at the same time as the audience. “I didn’t feel that during the show. I didn’t know that was her position,” added the reality chef.

However, he did go on to say that despite their differences, he still has a lot of respect for Captain Yawn. Now that the filming for the show is over, the chef maintains that working with the Captain and her crew was an honor. Shillingford shared that he grew up in a family of strong women. So, working with a female captain was an honor for him, regardless of whatever transpired.

Captain Yawn Tried To Stick Up for Chef Shillingford in the Beginning

The midseason trailer for Below Deck Mediterranean Season 9 showed growing tensions between the Captain and the brand-new chef on her yacht. Then, Season 9, Episode 4 shows Yawn questioning Shillingford’s future on the show after he served tuna carpaccio to a guest who couldn’t eat raw seafood. The incident leads to Yawn telling the cameras that she has no choice but to fire Shillingford after the mistake.

Yawn and Shillingford sit down to have a conversation about the chef’s performance during the same episode. Things seem to end on the right note but the Captain is seen requesting a backup chef right after that. Yawn defends her decision in a confessional in the following words:

“I know we are only at charter two but the food has to be perfect from charter one. In the past, I have given second chances. The one thing I am not going to wait on is finding another chef just in case he doesn’t come through.”

This was a complete shift from how the Captain felt about her chef during the Season 9 premiere when she backed Shillingford up after he couldn’t wake up to make food for the guests late at night . The yacht stew, Elena Dubaich , who attempted to wake Shillingford up in the middle of the night was actually reprimanded by the Captain who told the crew to ”never wake the chef up.”

Below Deck Mediterranean

In a luxury charter yacht traveling across the Mediterranean, crew members face both the challenges of managing upscale guest expectations and the complexities of their own interrelationships. Each episode highlights the high-octane world of yachting where exceptional service standards meet personal drama and adventure.

Below Deck Mediterranean Season 9 is currently airing on Bravo every Monday. Episodes are available to stream the next day on Peacock.

Watch on Peacock