Jordan Ross Belfort, an American businessman, author, speaker, and former stockbroker, was born on July 9, 1962.
He entered a guilty plea to fraud and associated charges in 1999 in connection with manipulating the stock market and operating a boiler room as part of a penny stock scheme.
As part of an arrangement, Belfort served 22 months in jail in exchange for providing testimony against several associates and employees who participated in his fraud operation. He wrote the biography The Wolf of Wall Street in 2007, and Leonardo DiCaprio portrayed him in Martin Scorsese’s 2013 film adaptation of the same name.
Kindly take a read to learn about his yacht.
Did Jordan Belfort’s yacht sink?
In reality, Belfort’s 167-foot yacht, which was once owned by Coco Chanel, capsized off the coast of Italy when he ordered the skipper to navigate through a storm while under the influence of narcotics (TheDailyBeast.com).
The yacht was featured in a Boat International article from February 1993 when she was on a yacht hire at the Fort Lauderdale yacht show.
The ferocious seas were what ultimately led Nadine to sink. The crew quarters were flooded after a foredeck hatch was broken, which caused the yacht to go over on its bow.
