Jordan Belfort, whose memoir “The Wolf of Wall Street” was turned into a film by Martin Scorsese, expects to earn more this year than he made at his peak as a stockbroker, allowing him to repay the victims of his fraud.
A Mark Rothko painting owned by Microsoft Corp. co-founder and billionaire Paul Allen helped boutique auctioneer Phillips sell $132 million worth of art, capping two weeks of marathon sales in New York.
Christie’s sold $134.6 million of contemporary art in New York in an hour as international buyers from 26 countries chased after works including Andy Warhol’s electric chair silkscreen and Martin Kippenberger’s slouching man in his underwear.
Hillel “Helly” Nahmad, who had apartments at Manhattan’s Trump Tower, a model for a girlfriend and an art gallery that featured modern masters such as Pablo Picasso, was sentenced to a year and a day in prison for his role in a high-stakes gambling ring.
At the “Wolf of Wall Street” premiere last night, the stars on the red carpet were hotter than the investment tips. Considering the movie tells the story of a convicted stock swindler, that was a good thing.