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    The Fascinating True Story Behind The Wolf Of Wall Street

    We know that the Wolf of Wall Street was based on Jordan Belfort's (embellished) memoir. But how much of the movie is really true?

    The Fascinating True Story Behind The Wolf Of Wall Street

    Paramount Pictures

    BY JOSHUA MEYER/OCT. 13, 2021 10:44 AM EDT

    It's a well-known fact that Martin Scorsese's acclaimed "The Wolf of Wall Street," which received five Oscar nominations including one for Best Adapted Screenplay, is based on the memoir of Jordan Belfort, the stockbroker played by Leonardo DiCaprio. He's not what you would call a hero: in fact, the whole movie is arguably told from the villain's perspective.

    Terence Winter handled the writing chores, and he and Scorsese had already framed an entire HBO series, "Boardwalk Empire," around a gangster named Nucky Thompson. Scorsese also had plenty of experience adapting the biographies of other criminals. We recently examined the true-life origins of "Goodfellas," for example, and he's made other mob movies like "Casino" and "The Irishman," based on other nonfiction books.

    In "The Wolf of Wall Street," Scorsese and Winter centered the narrative on the ringleader of a pump-and-dump circus called Stratton Oakmont, where sex, drugs, dwarf-tossing, and financial fraud were the order of the day. Just how much of the movie was true, though, and how much of it was a Hollywood embellishment?

    Jonah Hill's Character was Based on Danny Porush

    Paramount Pictures

    In "The Wolf of Wall Street," Jonah Hill plays a character named Donnie Azoff, but he's loosely based on a real person, Danny Porush, who was Belfort's business partner and the co-founder of Stratton Oakmont. According to Mother Jones (by way of History vs. Hollywood), Porush has disputed some aspects of "The Wolf of Wall Street," such as the claim that Belfort was ever nicknamed "wolf" or that the office ever brought in a chimpanzee or did any dwarf-tossing at its debauchery-filled parties.

    Little people are said to have attended one party, but Belfort's own memoir only says they floated the idea of tossing them. The scene where Belfort and Donnie/Danny first meet also played out differently in real life.

    Instead of meeting at a restaurant — where Donnie is shown asking to see Belfort's $72,000 pay stub — they were introduced through Porush's wife, who used to ride the bus with Belfort before she realized they lived in the same building. Interestingly, the slimy stockbroker was at least enough of a gentleman to regularly offer her his seat.

    She really was related to Porush. Though he called Belfort's book "a distant relative of the truth," Porush himself married his own first cousin, so that part is true, as is the part where the movie shows him swallowing a goldfish and the part where they paid an employee $10,000 to shave her head, so she could get breast implants.

    Belafort Did Do Drugs and Had a Lot of Other Problems

    Paramount Pictures

    Matthew McConaughey's character, Mark Hanna, was a real person, though McConaughey revealed in a personal video on his official verified Twitter account (via Indiewire) that the character's chest-thumping chant was born of a warm-up ritual that he himself did before every take, just to get in the zone as an actor.

    Biography.com reveals that Belfort started selling stocks in 1987. That's the same year that Oliver Stone's "Wall Street," with its famous quote, "Greed is good," hit theaters. Belfort and his crooked brokerage firm also reportedly helped inspire the 2000 film "Boiler Room," starring Giovanni Ribisi, Nia Long, Vin Diesel, and Ben Affleck.

    In prison, Belfort's cellmate was Tommy Chong, one half of the comedy duo, Cheech and Chong. It's true that Belfort used to give speeches to his employees with a microphone, which prepared him for his life as an ex-convict turned motivational speaker. As seen in the movie, he did sink his yacht in a storm, and he did sink his own marriage by hitting his wife and driving his car through the garage door with his 3-year-old child in front.

    He also had a problem with cocaine, Quaaludes, and other drugs, and this really did result in him crashing a helicopter and his car. However, it was a Mercedes and not a white Lamborghini, as depicted in the movie. At the very beginning of "The Wolf of Wall Street," we see Belfort's Ferrari casually change colors from red to white as he's driving and narrating, and it seems the movie took a similar approach to certain details.

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    Source : www.slashfilm.com

    Is Wolf of Wall Street Based on a True Story?

    Is the Wolf of Wall Street a true story? Here's everything you need to know about the true story behind Wolf of Wall Street, Martin Scorsese's 2013 drama.

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    Is ‘The Wolf of Wall Street’ Based on a True Story?

    By Greta Bjornson @greatbjornson

    Jan 28, 2021 at 5:54pm

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    There are plenty of financial dramas, from Wall Street to The Big Short, but The Wolf of Wall Street stands out as one of the most over-the-top, outrageous stories of them all. Martin Scorcese’s 2013 drama, which tells the story of one stockbroker’s rise to wealth and power, features Leonardo DiCaprio as Jordan Belfort, a drug-fueled financier who will stop at nothing to make more money.

    The movie has its fair share of gasp-worthy scenes, from crazy office parties featuring every drug imaginable, to “dwarf tossing.” All of the action and scandal makes for a great film, but did it all really happen?

    We did some digging to find out just how real The Wolf of Wall Street is. Here’s everything to know about the true story behind The Wolf of Wall Street.

    IS THE WOLF OF WALL STREET A TRUE STORY?

    Yes, the crazy antics you see in The Wolf of Wall Street actually happened. The Wolf of Wall Street true story comes from Jordan Belfort’s 2007 biography of the same name, which recounts his days of white collar crime and financial fraud. Belfort, who is portrayed by Leonardo DiCaprio in the movie, founded the financial firm Stratton Oakmont, an incredibly successful over-the-counter brokerage house. While running Stratton Oakmont, Belfort used pump and dump schemes with penny stocks, and his firm was eventually shut down in the ’90s.

    While The Wolf of Wall Street covers his company’s financial scams and schemes, it also shows some Belfort’s most outrageous antics, which include money laundering, plenty of cocaine use, driving while on quaaludes, crashing a helicopter, sinking a yacht, and more. And according to Time, those wild scenes and more really happened.

    WHERE IS THE WOLF OF WALL STREET‘S JORDON BELFORT NOW?

    Belfort was imprisoned for his crimes and was sentenced to four years in jail, but was released after only 22 months, according to Investopedia. After he got out, Belfort was ordered to give half of his income to his defrauded investors, paying them through 2009. While federal prosecutors later filed a complaint against Belfort in 2013, alleging he didn’t pay the appropriate amount of his income, he later reached a deal and completed the restitution payments, per Investopedia. Now, Belfort is a motivational speaker who uses his story to share the lessons he learned with his others.

    WHERE TO WATCH THE WOLF OF WALL STREET:

    Right now, you can watch The Wolf of Wall Street on YouTube, Google Play, iTunes, Vudu, Prime Video, and FandangoNow. Unfortunately, the movie is not available to stream on platforms like Netflix or Hulu.

    THE WOLF OF WALL STREET CAST: WHO STARS IN WOLF OF WALL STREET?

    The Wolf of Wall Street brings some very real characters to life with the help of a cast packed with talent. Along with DiCaprio, the hit movie stars Jonah Hill as Donnie Azoff, Margot Robbie as Naomi Lapaglia, Kyle Chandler as FBI Agent Patrick Denham, Rob Reiner as Max Belfort, Jon Bernthal as Brad Bodnick, Matthew McConaughey as Mark Hanna, Jon Favreau as Manny Riskin, Jean Dujardin as Jean-Jacques Saurel, Joanna Lumley as Aunt Emma, Cristin Milioti as Teresa Petrillo, and more.

    WHERE TO WATCH THE WOLF OF WALL STREET

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    Is The Wolf of Wall Street Based on a True Story?

    Almost everyone has heard or watched Martin Scorsese’s movie The Wolf of Wall Street, one of the best financial dramas of all time. It follows the rise and fall of Jordan Belfort’s career as a stockbroker. And most probably you’re all wondering if that’s a true story or not.

    Is Based on a True Story?

    by Ben Stamos November 10, 2021

    Almost everyone has heard or watched Martin Scorsese’s movie The Wolf of Wall Street, one of the best financial dramas of all time. It follows the rise and fall of Jordan Belfort’s career as a stockbroker. And most probably you’re all wondering if that’s a true story or not.

    If, on the other hand, you’re looking to start a career as a trader yourself, then check out Review Brokers – you might not meet any Wall Street wolves there, but you’ll surely have a blast and find somebody reliable that suits your trading needs.

    The Introduction to the Movie

    After its release, the movie has rapidly made its way to the top. On the one hand, people were charmed by its dynamism and flow, combined with a good and healthy dose of laughter. On the other hand, though, some criticised it for portraying Belfort’s crimes and fraud in a glorified manner. In any case, doesn’t the story become even more interesting if you think it may be a true account? It certainly does! But is The Wolf of Wall Street really based on a true story?

    Jordan Belfort Was as Real as One Can Get

    Believe it or not, all of these things did happen in real life. The movie starring Leonardo DiCaprio is inspired by Jordan Belfort’s biography published in 2007 after he got out of jail. In the book, Belfort himself writes about how he built the brokerage house Stratton Oakmont, depicting all the fraudulent schemes that his firm was engaged in. In the late 1990s, the company was closed and Belfort went to jail for securities fraud.

    Was Everything Really Real?

    Now, can one state that the movie plot goes 100% hand in hand with the events described in the book? Jordan Belfort does indeed state that “the camaraderie, the insanity” portrayed in the movie corresponds to the reality and the story as a whole is accurately told. There are, however, things that have been slightly changed in the film. For example, with regards to drug use, Belfort states that, compared to the events portrayed in the movie, the situation in reality was out of control sometimes. By the end of his career, Belfort was regularly using multiple drugs. Besides that, some names were changed for the big screen, including Belfort’s wives’ names, which was actually Denise, not Teresa, while his second wife was named Nadine, not Naomi.

    The Seal of Approval

    The interesting part is that, by the end, Jordan Belfort himself appears in the movie. He’s playing the man who introduces DiCaprio (as Belfort) on the stage as a motivational speaker having the aim of teaching others how to succeed on Wall Street. This somehow points out the fact the Belfort’s pretty happy with how accurate the film turned out. Moreover, just like it happened in the movie, in reality, since 2006, Belfort has followed the path of a motivational speaker, delivering speeches on all kinds of topics.

    The Bottom Line

    So, is The Wolf of Wall Street based on a true story? Yes, definitely. Is it accurately portrayed? Of course, most of the events correspond to what really happened in Belfort’s life. There are indeed some details that are missing but, as a whole, Scorsese’s movie is a decent adaptation of the book and reality.

    Now, if you’re also on your way to become a trading wolf or a stock master, make sure to check out Forex Broker Listing for a list of the best brokers available that you can trade with.

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    Source : www.filmink.com.au

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