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Jordan Belfort Tells 25-Year-Old On $60,000 Per Year To Quit His Job

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Jordan Belfort Tells 25-Year-Old On $60,000 Per Year To Quit His Job

Jordan Belfort - also known as the real-life 'Wolf of Wall Street' - has been dishing out some advice to a 25-year-old who asked him what he should do with regards to his career. Check out this nugget of wisdom below.

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Belfort told the young person, who says they are earning $60,000 per year, to quit their job and invest their money into something else with a 'side-hustle'.

Let's just tackle the obvious caveat to all of this first.

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Belfort spent 22 months in prison after pleading guilty to securities fraud and money laundering back in 1999 in relation to his time at Stratton-Oakmont, a company he built from the ground up.

But you've all seen the Martin Scorsese film based on his life, so you know that.

Anyway, now the 59-year-old dispenses financial advice on TikTok - as well as a load of other stuff, too - and he believes that working 9-5 is no way to make a living.

Hey, both he and Dolly can't be wrong, can they?

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Belfort dispensing his advice. Credit: TikTok
Belfort dispensing his advice. Credit: TikTok

The entrepreneur, who has a reported fortune of $100 million, was asked: "What's your best advice to a 25-year-old that is working 9-5 making 60K a year?"

Belfort proceeded to tell the TikToker: "You're never going to get rich, you're never going to get ahead in life and have financial security working for someone else on a salary punching a clock."

He reckons that the real smart play is to take a different career path.

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He explained how people were once told to follow the well-trodden path and 'get a good job, work for 30 years, retire with your pension and social security' but 'nowadays that will be enough to pay for your diapers, barely, while you're in a nursing home.'

He added: "You'll die or retire with no money, and have no independence, you'll be reliant on other people and the social system, if it's still there"

Belfort then explained how having a 'side hustle' could help get out of the mainstream rat race.

Leonardo DiCaprio played Belfort in The Wolf of Wall Street. Credit: Alamy
Leonardo DiCaprio played Belfort in The Wolf of Wall Street. Credit: Alamy
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He continued: "Get a second source of income. Where that be real estate, investing in stocks, crypto, something...start getting a second source of income and then slowly transition into that full time...[working 9 to 5] is a dead-end way of living your life financially, you're not going to get ahead like this."

Of course, not everyone agrees with this assessment.

One commenter said: "Some of the worst advice I've ever heard, if everyone did that then the world wouldn't work. Don't listen to this fool."

Another wrote: "$60k at 25 is BALLIN,"

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A third reminded Belfort: "You scammed for all of your money."

Someone else added: "Don't quit, save your money and then invest into something else and then slowly transition over to that and then quit."

Featured Image Credit: Alamy

Topics: TV and Film, Celebrity, Money, US Entertainment, Weird, TikTok

Tom Wood
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