Carter Belfort: From Intern to VP – The Wolf of Wall Street’s Son’s Rise
Everyone who’s watched ‘The Wolf of Wall Street’ knows the infamous story of Jordan Belfort, a powerful Long Island stockbroker who lived a seemingly successful and luxurious life—until he got arrested in 1999 for financial fraud. He spent almost two years in prison for his crimes.
Although his arrest was highly publicized, not many are aware of the people directly impacted by the highs and lows of Jordan’s life, and who stood by his side through it all: his family.
This includes his beloved only son, Carter Belfort, who grew up surrounded by luxury but soon faced public scrutiny because of his father’s legal troubles and controversial lifestyle. In this post, we’ll take a close look at Carter’s life, from his father’s arrest to where he is today.
Who Is Carter Belfort? Personal Facts and Family Details
Carter James Belfort is a 29-year-old American businessman and the son of former Wall Street stockbroker and now prominent author and speaker, Jordan Ross Belfort. Jordan is best known for the film, The Wolf of Wall Street, which is based on his first tell-all memoir.
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Carter’s mother is Nadine Macaluso, a British-born, Brooklyn-raised model, psychotherapist, and internet personality. Carter also has one elder sister, Chandler Belfort, and three half-sisters from his mother’s second marriage. They are Nikki, Allie, and Frankie Macaluso.
Nadine and Jordan, Carter’s parents, originally met at a party, back when Jordan was still involved in the fast-paced world of Wall Street. Their relationship blossomed and they eventually decided to get married and have kids, naming them Carter and Chandler.
Unfortunately, Jordan’s destructive and chaotic lifestyle caused a strain on his marriage. The couple divorced in 2005, with Nadine accusing Jordan of domestic violence, infidelity, and drug abuse. This event, along with his father’s imprisonment, deeply affected Carter’s childhood.
Carter Belfort: Education, Skills, and Interests
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Carter’s educational journey began at the Vistamar School, a private college-preparatory school in Los Angeles, California, where he earned his high school diploma in 2014.
He then went on to pursue higher education at Muhlenberg College for a year, before transferring to the Los Angeles Film School in 2015, where he graduated with a Bachelor’s degree in Arts, Entertainment, and Media Management.
Carter’s educational path shows a combined interest in business and entertainment, possibly influenced by his father’s career in the financial industry, as well as his film, The Wolf of Wall Street, which achieved widespread success and grossed over $400 million at the box office.
According to his LinkedIn profile, Carter’s valuable skill set includes his industry knowledge in marketing, strategy, and entertainment, his Instagram influence and proficiency, as well as his vast network and interpersonal skills.
What Is Carter Belfort’s Career?
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Just like his father, Carter Belfort has a passion for business. Currently, he works full-time as the Vice President of Brand Development for his father’s company, Jordan Belfort, which is headquartered in Beverly Hills, California, United States.
According to LinkedIn, Carter has served in his current position for almost 5 years. Previously, he was a VP of Brand Development as well as a Strategic Marketing Specialist for Global Motivation Inc., which is his father’s motivational speaking firm.
Carter’s professional background also includes working as a Marketing Intern for Elevator Studio, a social media agency in West Hollywood, California. Before this, he was a Corporate Intern at ROAR, a global media company serving the greater Los Angeles area.
What Happened to Carter Belfort’s Father, Jordan Belfort?
Jordan Belfort was once a powerful and influential Wall Street trader and the founder of the Long Island-based brokerage firm, Stratton Oakmont. During his time at the firm, he lived a reckless and lavish lifestyle, filled with wild parties, substance abuse, and infidelity.
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What’s more, Jordan had a reputation for financial greed, and in 1999, he pleaded guilty to multiple crimes, including financial fraud, stock market manipulation, and a penny stock scam.
His firm, Stratton Oakmont, had defrauded many shareholders, resulting in the arrest of many executives and the closing of the firm in 1996. Meanwhile, Jordan agreed to become an informant for the FBI and wore a wire, testifying against his former partners and associates.
Jordan was sentenced to four years in prison but ultimately served only 22 months in exchange for a plea deal. He was also ordered by the court to pay over $110 million in restitution.
What Is Jordan Belfort Doing Now? Life After Prison
After his release from prison, Jordan published two memoirs, including the highly popular ‘The Wolf of Wall Street.’ It was adapted into a movie in 2013, starring actor Leonardo DiCaprio. Then, he released a second book in 2017, a self-help book called ‘Way of the Wolf.’
Additionally, Jordan started a whole new career as a motivational speaker and established his own company, Global Motivation, Inc. During his speeches, he would often talk about the line between greed, ambition, and passion on Wall Street.
Jordan also provides corporate training, with the aim of nurturing effective sales teams, as well as workshops on investing and related topics.
Final Thoughts on the Life of Carter Belfort
Despite his father’s dark and tumultuous past as ‘The Wolf of Wall Street’ and a childhood marked with intense scrutiny, legal battles, and his parents’ divorce, Carter Belfort was able to rise from the ashes and build his own identity and success away from the public eye.
As Carter fulfills his role as the current Vice President of Brand Development of Global Motivation Inc., and with Jordan thriving in a new career as an author and motivational speaker, both father and son have shown the world that life is full of fresh starts and second chances.
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