Discription
THE WOLF OF WALL STREET (2013)
Summary:
The Wolf of Wall Street chronicles the meteoric rise and spectacular fall of Jordan Belfort, a charismatic and morally bankrupt stockbroker who founded the infamous firm Stratton Oakmont. Set in the late 1980s and 1990s, the film dives headfirst into Belfort's decadent lifestyle, fueled by illicit profits from elaborate pump-and-dump schemes. From his humble beginnings selling penny stocks to commanding a vast empire of eager, unprincipled brokers, Belfort epitomizes the unchecked greed and excess of a particular era of American finance.
As Belfort and his cohorts, most notably his right-hand man Donnie Azoff, amass a fortune through fraud, their lives spiral into a hedonistic blur of drugs, prostitutes, luxury yachts, and outrageous parties. The film unflinchingly portrays the corruption, the manipulation of the stock market, and the complete disregard for ethical boundaries that characterized Stratton Oakmont's operations. However, their lavish existence eventually attracts the attention of the FBI, leading to a relentless investigation that threatens to bring down Belfort's entire empire and expose the depths of his criminal enterprise.
Keywords: The Wolf of Wall Street, 2013, Leonardo DiCaprio, Martin Scorsese, Biographical, Black Comedy, Crime, Drama, Jordan Belfort, Stock Market, Fraud, Stratton Oakmont.
Plot:
The film opens with Jordan Belfort in 1987, a fresh-faced, ambitious young man arriving in New York City with dreams of becoming a stockbroker. He lands an entry-level job at L.F. Rothschild, where he is mentored by the eccentric, drug-addled senior broker Mark Hanna. Hanna introduces Jordan to the cutthroat world of Wall Street, emphasizing that the key to success is not helping clients, but rather generating commissions by moving money from the client's pocket into the broker's. He also introduces Jordan to the pervasive culture of cocaine and masturbation that fuels the trading floor. Jordan quickly earns his Series 7 license, but his first day as a full-fledged broker coincides with Black Monday, the largest stock market crash in history, leaving him jobless.
Desperate for work, Jordan takes a job at a small, disreputable firm selling penny stocks on Long Island. He quickly realizes that by selling these highly volatile, low-value stocks, he can earn a 50% commission, far more than the 1% commission on blue-chip stocks. His aggressive, confident sales pitch, honed during his brief time at L.F. Rothschild, proves incredibly effective, allowing him to quickly make a fortune. He soon meets Donnie Azoff, a neighbor who is captivated by Jordan's newfound wealth and business acumen. Donnie, a furniture salesman, quickly convinces Jordan to go into business with him, offering to quit his job on the spot. Together, they establish Stratton Oakmont, initially operating out of a dilapidated garage.
Stratton Oakmont quickly expands, hiring a motley crew of Jordan's friends and local misfits, whom he trains to become "wolves" of the stock market. He teaches them his high-pressure sales tactics, focusing on convincing clients to invest in worthless penny stocks, which the firm has often secretly acquired at extremely low prices. Once the stock price is artificially inflated through their aggressive selling, Stratton Oakmont "dumps" its shares, making massive profits, while the unsuspecting investors are left with valueless stock. This "pump-and-dump" scheme becomes the cornerstone of their success. The firm rapidly gains notoriety, attracting both legitimate investors and the attention of regulators, who are increasingly suspicious of their unprecedented growth.
As Stratton Oakmont's wealth skyrockets, so does the hedonism of Jordan and his employees. Their lives become a blur of extravagant parties, rampant drug use (including Quaaludes, cocaine, and marijuana), prostitutes, and excessive spending. Jordan divorces his first wife, Teresa Petrillo, after meeting Naomi Lapaglia, a stunning model with whom he becomes infatuated. Their relationship is passionate and tumultuous, marked by Jordan's infidelity and drug abuse. They eventually marry and have two children, but their home life is constantly overshadowed by Jordan's increasingly out-of-control behavior and his obsession with money and power.
The firm's activities attract the attention of the FBI, specifically Agent Patrick Denham, who begins a long-term investigation into Jordan and Stratton Oakmont. Jordan, initially dismissive, becomes increasingly paranoid. To launder their ill-gotten gains and hide them from the authorities, Jordan and Donnie devise a plan to smuggle millions of dollars in cash into Switzerland, using Naomi's British Aunt Emma as a mule, along with a shady Swiss banker named Jean-Jacques Saurel. This complex scheme involves multiple intermediaries and offshore accounts, further entangling Jordan in a web of international financial crime.
Jordan's drug addiction escalates, leading to several near-catastrophic incidents, including a memorable scene where he takes an excessive dose of "ludes" and experiences extreme motor impairment, attempting to drive home while barely able to move. Another pivotal event occurs during a yacht trip to Italy, where Jordan, high on drugs, insists on sailing into a violent storm to retrieve money from Aunt Emma's account, resulting in the yacht capsizing and almost killing everyone on board. The near-death experience, coupled with Naomi's increasing despair over his behavior, leads her to demand a divorce and threaten to take their children, pushing Jordan further into desperation and addiction.
The FBI's net tightens. Jordan learns that Donnie has been implicated and is wearing a wire. In a moment of panic and misguided loyalty, Jordan attempts to warn Donnie by passing him a note during a meeting, instructing him not to incriminate himself. This act, however, is intercepted by the FBI, who are monitoring Jordan, and becomes a crucial piece of evidence against him for witness tampering. Shortly thereafter, Jordan is arrested. Facing multiple charges of securities fraud, money laundering, and racketeering, he is offered a plea deal: cooperate with the FBI and provide evidence against his colleagues and co-conspirators in exchange for a reduced sentence.
Jordan reluctantly agrees to cooperate, secretly recording conversations with his former associates. During a recorded conversation with Donnie, Jordan tries to get him to admit to their crimes. However, Donnie, having found the note Jordan passed him earlier, realizes Jordan is wearing a wire and becomes enraged, refusing to incriminate himself. Jordan's cooperation ultimately leads to the conviction of several of his former partners. He is sentenced to 36 months in a minimum-security prison in Taft, California, a significantly lighter sentence than he would have received without his cooperation. After his release, Jordan reinvents himself as a motivational speaker, teaching sales techniques, albeit legitimate ones this time. The film ends with Jordan introducing a new audience to the art of selling, highlighting his continued ability to captivate and influence others, even after his spectacular fall from grace.
Cast (Lead Roles):
- Leonardo DiCaprio as Jordan Belfort
- Jonah Hill as Donnie Azoff
- Margot Robbie as Naomi Lapaglia
- Kyle Chandler as Patrick Denham
- Rob Reiner as Max Belfort
- Jon Bernthal as Brad Bodnick
- Jean Dujardin as Jean-Jacques Saurel
- Matthew McConaughey as Mark Hanna
Crew:
- Director: Martin Scorsese
- Screenplay by: Terence Winter
- Based on the book by: Jordan Belfort
- Producers: Martin Scorsese, Leonardo DiCaprio, Riza Aziz, Joey McFarland, Emma Tillinger Koskoff
- Cinematography: Rodrigo Prieto
- Editing: Thelma Schoonmaker
- Music by: Robbie Robertson (Music Supervisor)
Release Info:
- Original Release Date: December 25, 2013 (USA)
- Language: English
- Genre: Biographical, Black Comedy, Crime, Drama
- Running Time: 180 minutes
- Accolades: Nominated for 5 Academy Awards (Best Picture, Best Director, Best Actor - Leonardo DiCaprio, Best Supporting Actor - Jonah Hill, Best Adapted Screenplay).