The Wolf of Wall Street is a American epic biographical black comedy crime film [ 3 ] co-produced and directed by Martin Scorsese , written by Terence Winter , and based on Jordan Belfort 's memoir.
It recounts Belfort's career as a stockbroker in New York City and how his firm, Stratton Oakmont , engaged in rampant corruption and fraud on Wall Street , leading to his downfall.
It is DiCaprio's fifth collaboration with Scorsese. DiCaprio and Warner Bros. It was later produced by the independent Red Granite Pictures. The film was shot in New York in late , using mostly 35mm film stock. It was the first major American film to be released exclusively through digital distribution. The film was initially rated NC by the Motion Picture Association of America , but it was shortly appealed for an R rating after Scorsese made slight changes to the film.
It set a Guinness World Record for the most instances of profanity in a film. The film's financing became implicated in the 1Malaysia Development Berhad corruption scandal ; the U. The film received positive reviews from critics and appeared on several "best of the year" lists. Rothschild , employed under Mark Hanna. He is quickly enticed by the drug-fueled stockbroker culture and Hanna's belief that a broker's only goal is to make money for himself. Jordan loses his job following Black Monday , the largest one- day stock market drop in history after the stock market crash , and takes a job at Investor's Center, a boiler room brokerage firm on Long Island that specializes in pink sheet penny stocks.
He makes a small fortune thanks to his aggressive pitching style and high commissions. Jordan befriends his neighbor Donnie Azoff , and the two start their own boiler room-styled brokerage company. They recruit Jordan's childhood friends Robbie Feinberg, Alden Kupferburg, Nicky Koskoff, Chester Ming, and Toby Welch, as well as local drug pusher Brad Bonick, all of whom Jordan trains in the art of the "hard sell," and set up the company in an abandoned auto repair shop.
