November 11, 1974
Hollywood, Los Angeles, California, USA
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.
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
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
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
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
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
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
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."
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.
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
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.
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
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.
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
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
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
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
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
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.
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
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."
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.
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
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
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.
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
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.
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.
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 Speaks at the Stratton Oakmont Christmas Party (1994) The real Jordan Belfort speaks at the 1994 Stratton Oakmont Christmas party. He tells the firm's employees that he is "proud" of what he has accomplished and that the employees should also be proud of the once-in-a-lifetime opportunity they have been given. At the end, he shares a moment with co-founder Danny Porush (Jonah Hill in the movie). The video was posted by Mary Detres, author of the book , which provides an insider's account of what it was like to work at the notorious brokerage firm. |
Jordan Belfort Interview Grant Lewers interviews Jordan Belfort on in 2010 about his memoir . Belfort talks about his life and what led him to start his firm. He offers his four keys to success that he teaches during his seminars and he recounts various stories, including his drug addiction, the story about his yacht sinking from the book, and trying to commit suicide. |
FBI Agent Gregory Coleman Interview (2007) This CNBC interview is from 2007, around the time of the release of Jordan Belfort's first memoir . Following a brief interview with Belfort, during which he describes himself as an "arch-criminal" who was in a way a "cult leader," FBI agent Gregory Coleman speaks about why he was so determined to catch Belfort. |
The Wolf of Wall Street Trailer 2 The second trailer for the Martin Scorsese movie , based on the autobiography of the same name by Jordan Belfort. The movie stars Leonardo DiCaprio, Matthew McConaughey and Jonah Hill. |
The Wolf of Wall Street Trailer Martin Scorsese directs Leonardo DiCaprio in the film adaptation of Jordan Belfort's memoir chronicling his life as a fast-living, corrupt stockbroker during the 1990s. Belfort's criminal ways caught up with him in 1998 when he was convicted of securities fraud and money laundering for which he spent 22 months in Federal Prison. |
luxuo guide
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.
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 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 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.
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.
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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Five bodies have been recovered from the superyacht that sunk off the Sicilian coast, ABC News has confirmed, with the final missing passenger's body also now located inside the vessel.
The fifth body had been brought to shore as of early Thursday morning. Two bodies were brought ashore on Wednesday morning, according to the Italian coast guard, while two other bodies were recovered later on Wednesday.
The body of the final missing passenger -- believed to be the 18-year-old daughter of the yacht's owner, British tech tycoon Mike Lynch -- has now also been located inside the yacht, though has not yet been brought to shore.
Mike Lynch's body is believed to have been among those already recovered from the yacht, though the identities of the dead have not been officially confirmed.
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 on Wednesday that the rescue operation for the people missing from the U.K.-flagged Bayesian was ongoing. 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 -- were among the missing, ABC News confirmed on Tuesday.
Christopher Morvillo is a partner at law firm Clifford Chance and represented 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.
ABC News' Joe Simonetti contributed to this report.
5 bodies recovered from sunken superyacht off Sicily as search continues originally appeared on abcnews.go.com
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Dramatic footage has captured the moment a 40-metre superyacht sank into the Mediterranean sea after being battered in a storm.
The 40-metre-long luxury vessel was sailing from Gallipoli to Milazzo overnight on Saturday when it got into trouble around 15km from Italy’s Catanzaro Marina.
Footage shows the yacht, named My Saga, rapidly disappearing beneath waves, as lifeboats appear to float beside it.
The captain sent out a distress call to the Port Authority of Crotone, with officials told the yacht was taking on a significant amount of water from the stern.
The Italian coastguard dispatched two patrol vessels and rescued all four passengers and five crew members on board.
A tugboat sent out at dawn was unable to save the superyacht from sinking because of worsening weather conditions, the Super Yacht Times reports. The Saga finally sank at around 1pm on Sunday.
The outlet reports the yacht, which was built in Monaco back in 2007, was flying under the Cayman Islands flag with an all-Italian crew when it sunk.
An investigation has been launched into the cause.
It comes after a £6 million superyacht sunk after it went up in flames in the UK on the Torquay harbourside.
The 85ft vessel was consumed by fire , with thick black smoking billowing into the sky.
The yacht reportedly drifted out into the harbour after the fire burnt through ropes securing it to the pier, but the vessel was later secured by the fire service.
A fire service statement revealed that the vessel contained approximately 8000 litres of diesel fuel.
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Hi {{indy.fullName}}
June 1997 She was built in 1961 by Witsen & Vis in Holland for fashion icon Coco Chanel with a length of 37 metres. In the 70s she was extended by 4.5 metres through the addition of cockpit and in 1988 she was cut in two halfs and a 9 metre section was inserted amidships by Merrill-Stevens yard, which gave her a complete salon amidships in addition to the more usual aft one.
In 1989 she was for sale bearing the name Edgewater and was by then still powered by two 480 hp diesels. In 1993 she was for sale once again, this time bearing the name Big Eagle and repowered with two Caterpillar 3412-diesels. Her beam was always a very slender 6.8 metres. There was actually a feature of her in February 1993 in Boat International when she was on a yacht charter at the Fort Lauderdale yacht show.
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.
“Nadine” sank during a storm off the east coast of Sardinia, while crossing from Porto Cervo to Capri. Some people may recall her as the yacht that has an incredible number of toys onboard such as a seaplane, a helicopter, 8 jetskis, 4 or 5 tenders and much more including two large glass windows in the master stateroom that allowed to see the sea floor. Everyone onboard was saved by the Italian coast guard also thanks to all the floating devices the yacht carried.
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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?
And why did she sink? Click to expand...
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.
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.
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...
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.
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.
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".
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.
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...
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.
If you’ve traveled to the North Caucasus before, there is a good chance you’ve already been to Kabardino-Balkaria, and you didn’t even know it! Kabardino-Balkaria lies in the center of the North Caucasus region, is home to Mt. Elbrus, but more than that is a treasure chest of travel possibilities. Here is our guide to traveling through the republic of Kabardino-Balkaria, or 9 travel tips to this beautiful land:
Kabardino-Balkaria hosts a large number of both foreign and Russian travelers every year, and has an improving infrastructure able to handle the incoming masses. Let’s start with the obvious. You might be a mountain climber or skier coming to enjoy the slopes of Mt. Elbrus. That means you’re likely arriving on an airplane to Russia. Here are your travel options:
A. Plane – We advise you fly into the Mineralni Vodi (MRV) airport in the Stavropol Region, which is about 45 minutes from the border of Kabardino-Balkaria. MRV is the largest airport in the North Caucasus, and has daily direct flights to and from all 3 airpots in Moscow (SVO, DME, and VKO), direct flights from St. Petersburg, and several international flight routes as well, including from Istanbul, Dubai, Greece, Tel Aviv, and Bishkek. The MRV airport has a growing infrastructure and is the most obvious choice to fly into if going to Elbrus. From MRV, it’s a 2 hr. drive to Nalchik, and a 3.5 hr. drive to Mt. Elbrus.
That being said, the capital of Kabardino-Balkaria, Nalchik (NAL), also has a small regional airport with a daily flight to/from Moscow as well as weekly flights to Istanbul. As is to be expected in most smaller, regional airports around Russia, the service standard at a small airport like this will be minimal. As a result, we recommend you flying in and out of MRV if able. It’s a 2 hr. drive to Elbrus from Nalchik. You can also fly into other regional airports which are 2 hrs. from Nalchik, such as OGZ in North Ossetia (Vladikavkaz) or IGT in Ingushetia (Magas).
B. Car/Public Transport – If you have a car, are using a taxi, or are hitch-hiking your way to Kabardino-Balkaria, the region is accessible by a variety of roads and vehicles. A major Russian federal highway E50 runs through Pyatigorsk into Kabardino-Balkaria, and can take you towards Mt. Elbrus, Nalchik, and deeper into the North Caucasus. There are daily mini-buses, or “marshrutkas”, that travel to Nalchik from Pyatigorsk, Vladikavkaz, Grozny, and Magas, if you’re coming from a neighboring republic. From the main Nalchik bus station, there is a marshrutka that goes to Terskol (i.e. Mt. Elbrus) daily around 12:30 pm; for that matter, marshrutkas run daily into every valley of this beautiful republic. For the seasoned international traveler, you can drive from the country of Georgia up the famed “Georgian Military Highway” through the heart of the Caucasus Mountains, cross the border into Russia at the “Verkhni Lars” border stop, and be in Nalchik in about 2.5 hours as well.
Anyone traveling on their own should download the “Yandex” taxi app, which is Russia’s version of Uber, and has a very user-friendly app with affordable prices. In smaller villages/towns where Yandex’s service doesn’t reach, just ask a local and they’ll direct you to a friend or relative who can taxi you where you need to go!
C. Train – Kabardino-Balkaria is also very accessible by the famous cross-country Russian train system if that’s your preferred method of travel. Almost all trains to the North Caucasus pass through Mineralni Vodi in the Stavropol region to the north, so make sure wherever you are coming from, Mineralni Vodi is one of the stops. Despite Nalchik having a train station, the city is about 45 minutes from the main railway route that runs diagonal through the North Caucasus, and as a result it’s a bit convoluted to get a train directly to Nalchik. That being said, the town Prokhladni is a regular stop on trains going to/coming from Baku, Makhachkala, Grozny, Nazran, and Vladikavkaz, so you can always hop off there and find your way by public transport or taxi.
This list could get exhaustive, fast. 🙂 Let’s first look at an overview of the republic’s geography, followed by hotel recommendations:
A. Nalchik – This is the capital city of Kabardino-Balkaria, with a population of around 250,000. Nalchik is growing and new, modern hotels are being built regularly. Here are some of our recommendations:
-Modern and comfortable: Azimut , Butik Otel
-Budget with less frills: Hotel Rossia , Korona
You could comfortably spend a week in Nalchik, while doing day trips into Kabardino-Balkaria’s beautiful mountain valleys.
B. Baksan Valley – This is the most traveled road in Kabardino-Balkaria, the road to Mt. Elbrus. If you have questions about its safety because of travel warnings, please see our detailed blog here of the drive to erase any doubts or fears. Needless to say, because of the draw of Mt. Elbrus, there are a huge variety of lodging options at the end of this valley, from 4-star to mid-range to budget to hostel. Here are just a few we’ll recommend from our experience:
-Modern and comfortable 4-star-ish: Azau Star , Kristall 139
-Budget with less frills 3-star-ish: Laguna , Povorot
If you’re a mountain climber with your sites set on the summit of Elbrus, you’ll have to spend at least 3-4 nights at Elbrus’s famous base camp at 13,000 feet. The “barrel huts” are not easy to book directly with, and we highly recommend you do your climb (and hence, have your bookings handled) through a trusted climbing company. Here are two shelters at base camp we recommend:
-Modern and comfortable: Leaprus
-Budget with less frills: Heart of Elbrus Lodge
If you’re interested in climbing Mt. Elbrus and staying in these barrel huts, click here to see our climbing itineraries, pricing, and group dates.
C. Chegem Valley – Chegem Valley is the adjacent valley to Elbrus’s Baksan Valley, and is famous for its beautiful waterfalls as well as being Russia’s top paragliding location. The “ Paradrome ” has modest accommodations for those wanting to get to know this beautiful valley for a longer period of time.
D. Upper Balkaria, or Cherek Valley – This is another beautiful mountain gorge not too far from Nalchik. There is an authentic lodging complex in Upper Balkaria called Tau-El, with amazing local food for meals as well.
E. Border Zone lodging – Several of Kabardino-Balkaria’s mountain gorges run into the border zone with neighboring country Georgia, i.e. an area that foreigners cannot enter without a special permit from the local government (often taking 2 months to receive). There is a famous mountaineering lodge in Bezengi Valley, where several generations of Russian mountain climbers have honed their craft in the Caucasus Mountains. Perpendicular to Baksan Valley (about 25 minutes from the base of Mt. Elbrus) is Adyr-Suu Valley, where there is a lodge for back-country skiers to stay, while trying their hands (and feet!) on the untouched snow of that valley. Both these valleys require border permits for foreigners, but are possible to access for the more adventurous!
Most locals would agree that Nalchik is the main city of significance to visit in Kabardino-Balkaria, but let’s be honest, even more would say, “Just go to the mountains!” Tirnauz is the capital of the Elbrus district, and is an interesting town to spend some time in, with its unique location in the mountains and place in Soviet history as a once-booming mining town. The main thing to consider in visiting Nalchik and other cities in the lowlands, is the chance to experience Kabardian culture and food. Whereas the deeper you go into the valleys, the more you’ll encounter Balkar culture and food.
There are 3 types of food that come to mind, when spending time in Kabardino-Balkaria:
A. Khychiny – This is one of the staple national dishes of the Balkar people, and what you’ll inevitably be served if guests of local Balkars. It’s a thin buttery flat bread, sometimes cooked with fillings of cottage cheese, fresh greens, or potatoes. It is often slathered in butter, but wow is that some tasty greasy goodness! 🙂
B. Shashlik – Shashlik is a MUST for any visit anywhere in the North Caucasus! Most people would agree that it’s the national food of the entire region. Shashlik is meat shish kabobs; while pork and turkey can be found in some parts of the Caucasus, lamb or chicken are the preferred shashlik meats of choice in Kabardino-Balkaria.
C. Soup – No matter where you are in Russia, you’re sure to find a local soup that people love. Kabardino-Balkaria is no different. Especially in the winter months in the mountain valleys, there’s nothing better than to come inside from the cold weather and warm your body up to a bowl of hearty Caucasus soup. Whether Georgian kharcho or local Balkar lakhman, make sure to try your hand at one of these soups with a side of fresh baked bread/lavash!
Of course, for a republic of this size, we’re bound to leave at least a few great local joints off our list, but here are a few to get you started. ***Note: Restaurants in the North Caucasus are much better known for their food than their service, so prepare for tasty food, but manage your expectations about service:
-Elbrus – Kogutai Restaurant at Mt. Cheget – While this isn’t a hole-in-the-wall restaurant per se, it’s one of many to choose from in the Cheget tourist village, and we have found them to provide consistently good food and service. Kogutai has a nice interior, and maybe most important, an English-language menu with good pictures. 🙂 There also is a nice outdoor patio with fantastic views of the surrounding mountains.
-Nalchik #1 – Tameris Restaurant – This is a cafe with a relaxed atmosphere in the capital Nalchik. Local tour company Elbrus Elevation has taken foreign groups there on multiple occasions and always had good experiences. Address is ul. Kuliyeva 3.
-Nalchik #2 – Cafe-Bar Oasis – You have to know where this restaurant is to find it, but once inside, you won’t regret it! There is a unique cafeteria-style ordering process, that includes several dishes being cooked on the spot once ordered. You can sample local Kabardian dishes here. The seating area is very modern and a pleasant atmosphere to have a meal in. Address is ul. Kuliyeva 2.
-Upper Balkaria – Tau-El Restaurant – This is the restaurant part of the Tau-El Tourist Complex in Upper Balkaria. Whether spending the night or just passing through, make sure to stop here for a meal!
This republic is so chock full of “must-see” destinations, it’s impossible to narrow the list down. Here are just a few suggestions to get you started: (***Mt. Elbrus is a no-brainer and we’re assuming that’s on your list)
A. El-Tyubu and Paradrome – This is an amazing area towards the end of Chegem Valley. Many tourists visit the famous Chegem Waterfalls and don’t drive any further down this gorge, which really is a shame. El-Tyubu is a picturesque Balkar village with several historical sites to see, including some ancient mausoleums. The real gem of the area, though, is the Paradrome , which is Russia’s premier paragliding destination. The combination of the scenic surrounding mountains and constant winds produces almost daily conditions to sail through the beautiful Caucasus sky. Highly recommend!
B. Upper Balkaria – Also known as Cherek Valley, the entire drive to the actual village of Upper Balkaria is one big destination. First, you can spend time at the 3 consecutive “ Blue Lakes ”, one of which is one of Russia’s deepest lakes with an underground spring. Then, the drive itself becomes an adventure, as you pass by steep rock walls with a huge drop-off on the other side. If you’re able to walk this part of the road, that is a bonus! Once you’ve made your way through the valley walls, the region opens up into a beautiful panoramic view. Many years ago, there were multiple villages in this region, but they’ve since been condensed into one main village. You can see some of the ancient Balkar towers that their ancestors used to live in as well.
C. Djili-Suu – Although hard to pronounce and not easy to get to, Djili-Suu is one of those places in the North Caucasus that people rave about that you “have to” visit. It’s actually on the North side of Mt. Elbrus, and more accessible from the Mineral Waters region (2 hrs. from Kislovodsk). The base camp for Elbrus climbers summiting the mountain from the North side is at Djili-Suu. This area is famous in Russia for its numerous natural healing springs, as well as unique climate conditions that make for beneficial, long holidays for seeking a respite from their daily grind. There are wide swaths of land available for camping, with probably the most unrivaled views of Mt. Elbrus in the North Caucasus. Make sure to check this out!
A. King’s Waterfalls (Tsarskie), or Gedmisht – Probably the valley in Kabardino-Balkaria with the least amount of hype is the Malka Valley, which is the northernmost valley and mainly runs through the Kabardian lowlands. At the point where the villages end, though (Khabas), the asphalt turns into dirt and the hills start to rise, culminating with the incredible King’s Waterfalls, or as one friend put it, Avatar Waterfalls. These stunning waterfalls are best visited in the early summer, when everything is lush green and the water flow is strong, with many streams of water flowing down the earth’s surface. The different colors are incredible and it’s hard to look away. Once you’ve enjoyed the waterfalls, enjoy a meal of shashlik at one of the nearby lunch huts. Having an off-road vehicle is ideal to visit these falls, but worth the time and effort!
B. One-seater chair lift at Elbrus – As the infrastructure at Mt. Elbrus has modernized, some of the more “authentic” experiences have gone to the way-side. This is one experience still available, though! From the 2nd (11,000 ft.) to 3rd level (12,500 ft.) of Mt. Elbrus (whether skiing, going to base camp, or just touring), there is a single-seater chair lift for 100 rubles each way (less than $2). This is an amazing experience if you have the time. It’s 8-10 minutes each way, and a surreal experience of the majestic Caucasus mountain range surrounding you, skiers silently passing you by underneath, and in general enjoying the silent expanse of nature all around. The chair lifts are from the Soviet times and so it feels like something from a different era. For mountain climbers, the newer group cable car gives better access to most of base camp, but several huts are pretty close to this chair lift, so it still may be a good option for you.
C. Abandoned Mines above Tirnauz – Tirnauz is about 1 hr. from Mt. Elbrus, and a town everyone drives through to and from the mountain. Although today it looks old and half-abandoned, it was a booming mining town in the 20th century. About a 45-minute drive above the city with an off-road vehicle, you can see the remains of the mining operations. Learning about this history combined with the breath-taking views of the Baksan Valley and even into Georgia, you’ll wonder why more people aren’t visiting this place. This is a great spot to see eagles soaring in the sky, as well as admire the Soviet city plan of Tirnauz from above.
In Russia, any area within 5-10 km of a neighboring country, without a clearly delineated border (i.e. in the mountains) is considered a special border zone, and patrolled by Russian border guards. This area IS accessible to all Russian citizens with their passports, but is NOT legally accessible to foreign citizens UNLESS you have a special permit from the FSB (Federal Security Bureau). These permits are accessible, either through a tour operator or local friend, but require you to submit your application 45-60 days in advance.
Areas in Kabardino-Balkaria that are worth a visit if you have a border zone pass:
A. Bezengi Wall – This is at the end of the Bezengi Valley, and holds a place of lore among Russian mountain climbers. Many mountain guides go through training in this valley. Five of the Caucasus Mountain’ range’s highest seven peaks are a part of the Bezengi Wall, so you can imagine the draw it has for climbers. There are great areas for trekking and camping in this area.
B. Adyr-Suu Gorge – This remote valley runs perpendicular to Baksan Valley and is about 25 minutes from the base of Mt. Elbrus. It’s marked at the entrance by a relic of the past, a car lift from Soviet days that auto-cranks your car (and you) about 50 meters up the mountain. After 45-60 minutes of driving on gravel road, the gorge opens up into a flat valley with a beautiful view of the surrounding mountains. The Adyr-Suu Alpine Lodge is at the end of this valley and where back-country skiers base out of during the acclimatization phase of their Mt. Elbrus ski tours. This is truly a place where you can experience untouched powder!
C. Mt. Cheget (Elbrus) – Cheget is a neighboring mountain to Mt. Elbrus and where many climbers will acclimatize, both at its base and while doing some hikes. It also is famous in Russia for its free-ride terrain for more experienced skiers. Standard access to the chair lifts and mountain are available to all (i.e. mountain climbers don’t need to worry about accidentally crossing into the zone), but anyone wanting to summit the peak of Cheget OR visit the beautiful Cheget Lake needs a border permit.
Foreigners violating the border zone areas is considered a serious offense in Russia; make sure to do your due diligence if wanting to visit one of these areas! We highly recommend using a local tour operator and always traveling with a local person if visiting one of these areas.
Kabardino-Balkaria is a fascinating republic with a combination of traditional and modern society. The more you interact with local people, the more you’ll see a mixture of Muslim faith, post-Soviet mentality, and ancient local traditions all wrapped together.
Kabardians mainly live in the lowlands (Nalchik, Baksan, and lowland villages), while Balkars primarily live in the mountain valleys (Elbrus, Chegem, Upper Balkaria, etc.). There is a large population of Russians in the region as well. Foreigners visit every area of the region regularly, and so local people are used to and will welcome your presence.
Come with an open mind to learn about these peoples, their traditions, and their land. You won’t regret your trip to Kabardino-Balkaria!
***Want to learn more? Here are several self-published resources from the podcast “ CaucasTalk ” related to Kabardino-Balkaria:
– Travel Tips to Kabardino-Balkaria (audio version of this blog)
– History of Mt. Elbrus (Part 1)
– History of Mt. Elbrus (Part 2)
– Interview with Local Elbrus guide
– Climbing Elbrus: Interview with American guide
– Who are the Kabardians? (Part 1)
– Who are the Kabardians? (Part 2)
– Skiing in the North Caucasus (Elbrus and more)
Where to find us.
Explore our new tour branch Caucasus Quest to climb Mt. Kazbek (5,054 meters) in Georgia or for immersive cultural touring experiences in Georgia, Armenia, and Azerbaijan.
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How Jordan Belfort's 37m superyacht Nadine sank off the coast of Sardinia. Coco Chanel was famously outspoken on many things, but yachting, in particular, attracted her ire. "As soon as you set foot on a yacht you belong to some man, not to yourself, and you die of boredom," she was once quoted as saying. Her solution was to buy her own yacht.
Jordan Belfort's seshes were so legendary that sinking a multi-million-dollar yacht was simply another act of depravity that Martin Scorsese could weave into The Wolf of Wall Street's preposterous film adaptation. Those familiar with The Wolf of Wall Street book will have read Belfort's account of this in closer detail, but the backstory of the superyacht Nadine is a lesser-known tale ...
The real story of the sinking of the Wolf of Wall Street's yacht. In 2000, Doug Hoogs interviewed Capt. Mark Elliott about the sinking of the motoryacht Nadine.Elliott was in command of Nadine on the fateful day in 1996 when she encountered a powerful mistral in the Mediterranean between the Italian mainland and Sardinia. All guests and crew survived, but the real story of the sinking, which ...
Jordan Belfort's ex wife, Nadine Macaluso, ... where she admitted in a TikTok video that the yacht sinking scene was 'totally true'. Advert. Speaking of the memory, she said: "It was horrific ...
By Henry Austin and Corky Siemaszko. Newly released video captures a luxury superyacht being battered by a violent storm before it suddenly sank off Sicily with 22 people aboard Monday. The grainy ...
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.
At a news conference on Saturday, almost a week after the sinking, investigators said the yacht had sunk at an angle, with its stern — where the heavy engine was — having gone down first. The ...
According to vessel tracking app Vesselfinder, the boat left the Sicilian port of Milazzo on 14 August and was last tracked east of Palermo on Sunday evening, with a navigation status of "at ...
What started out as a celebration on a luxury yacht off the coast of Sicily ended in tragedy on Monday, Aug. 19, when the craft — the 183-foot-long Bayesian — seems to have sunk quickly into ...
The real-life yacht was named "The Nadine" after Belfort's wife, who, like in the movie, he affectionately referred to as "The Duchess of Bay Ridge." In the movie, the yacht bears the name "Naomi" after the character portrayed by Margot Robbie (Belfort's wife's name was changed for the film). ... the story about his yacht sinking from the book ...
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.
Five bodies have been found from the superyacht that sunk off the Sicilian coast, according to the Italian coast guard. Two bodies were brought ashore on Wednesday morning, according to the ...
LEAVE THE CASH... TAKE THE QUAALUDES!The REAL Wolf of Wall Street tells how he sunk his 167-foot yacht, The "Nadine," with its own plane & chopper. This was ...
The outrageous sinking scene in Martin Scorcese's 2013 film really happened, and the real story might be even better than the movie ... According to an article by Brad Hutchins on bosshunting.com, the real Jordan Belfort was on a luxury yacht called the Nadine that was caught in a raging tempest and before sinking, nearly took everyone with it.
A tugboat sent out at dawn was unable to save the superyacht from sinking because of worsening weather conditions, the Super Yacht Times reports. The Saga finally sank at around 1pm on Sunday. The ...
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 ...
Lost Superyacht's Master Faces Manslaughter Investigation. Published Aug 26, 2024 8:44 PM by The Maritime Executive The master of the Bayesian, the luxury sailing yacht that sank off the coast of ...
Dr. Nadine Macaluso. ... Yes, the yacht sinking really happened! Jordan, high on a cocktail of drugs, insisted that the captain sail us through a storm. He put all of our lives in danger and it was the most terrifying, horrific moment of my life. Our children (back on land) were 3 and 1 years old and all I could think about was surviving and ...
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 ...
The 2005 raid on Nalchik was a raid by a large group of Islamic militants on Nalchik (pop. 250,000), in the Kabardino-Balkar Republic (KBR) of southern Russia, on 13 October 2005.. A number of buildings associated with the Russian security forces were targeted. At least 80 people (142 according to official tallies), including at least 14 civilians, were reported to have been killed during the ...
B. Car/Public Transport - If you have a car, are using a taxi, or are hitch-hiking your way to Kabardino-Balkaria, the region is accessible by a variety of roads and vehicles. A major Russian federal highway E50 runs through Pyatigorsk into Kabardino-Balkaria, and can take you towards Mt. Elbrus, Nalchik, and deeper into the North Caucasus.
The Adyghe (Circassian/Cherkess) language is, along with Abkhazian, Abaza and Umykh, part of the West Caucasian language group. The language is divided into two main dialects: Western Adyghe [адыгэбзэ] is spoken in the autonomous Republic of Adygeya while Eastern Adyghe/Kabardian [къэбэрдеибзэ] is spoken in the Republic of Kabardino-Balkaria.