The Wolf of Wall Street is a 2013 American biographical black comedy crime film directed by Martin Scorsese and written by Terence Winter, based on the memoir of the same name by Jordan Belfort. It recounts Belfort's perspective on his career as a stockbroker in New York City and how his firm Stratton Oakmont engaged in rampant corruption and fraud on Wall Street that ultimately led to his downfall. Leonardo DiCaprio (who was also a producer) stars as Belfort, with Jonah Hill as his business partner and friend Donnie Azoff, Margot Robbie as his wife Naomi Lapaglia and Kyle Chandler as Patrick Denham, the FBI agent who tries to bring him down. Matthew McConaughey, Rob Reiner, Jon Favreau, Joanna Lumley and Jean Dujardin also star. The film marks the director's fifth collaboration with DiCaprio, after Gangs of New York (2002), The Aviator (2004), The Departed (2006) and Shutter Island (2010), as well as his second collaboration with Winter after the television series Boardwalk Empire (2010–14).
The Wolf of Wall Street | |
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Theatrical release poster | |
Directed by | Martin Scorsese |
Produced by |
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Screenplay by | Terence Winter |
Based on | The Wolf of Wall Street by Jordan Belfort |
Starring |
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Cinematography | Rodrigo Prieto |
Edited by | Thelma Schoonmaker |
Production companies |
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Distributed by | Paramount Pictures |
Release date |
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Running time | 180 minutes |
Country | United States |
Language | English |
Budget | $100 million |
Box office | $392 million |
The Wolf of Wall Street premiered in New York City on December 17, 2013, and was released in the United States on December 25, 2013, distributed by Paramount Pictures. The film was the first to be released entirely through digital distribution. It was a major commercial success, grossing more than $392 million worldwide during its original theatrical run to become Scorsese's highest-grossing film and the 17th-highest-grossing film of 2013. The film was controversial for its morally ambiguous depiction of events, explicit sexual content, extreme profanity, depiction of hard drug use and the use of animals during production. The film also caused controversy due to accusations that it was financed by illegally obtained funds from 1Malaysia Development Berhad (1MDB).
The film received mostly positive reviews from critics, with praise for Scorsese's direction, the comedic performance of DiCaprio and the fast-paced and consistent humor. The film was nominated for several awards including five nominations at the 86th Academy Awards ceremony: Best Picture, Best Director and Best Adapted Screenplay, as well as Best Actor and Best Supporting Actor nominations for DiCaprio and Hill, respectively. The film did not win in any category, although DiCaprio did win Best Actor – Musical or Comedy at the 71st Golden Globe Awards, where the film was also nominated for Best Picture – Musical or Comedy. It was also recognized by numerous other awards ceremonies, as well as guilds and critics' associations.
Screenplay
In 1987, Jordan Belfort procures a job as a Wall Street stockbroker for L.F. Rothschild, employed under Mark Hanna, who quickly entices him with the sex and drugs fueled stockbroker culture and passes on his idea that a stockbroker's only goal is to make money for himself. Jordan soon finds his career terminated following Black Monday and takes a job at a boiler room brokerage firm on Long Island that specializes in penny stocks. Thanks to his aggressive pitching style and the high commissions, Jordan makes a small fortune.
Jordan befriends his neighbor, Donnie Azoff, and the two founded their own company. They recruit several of Jordan's friends, whom Jordan trains in the art of the "hard sell". The basic method of the firm is a pump and dump scam. To cloak this, Jordan gives the firm the respectable-sounding name of Stratton Oakmont. After an exposé in Forbes, hundreds of ambitious young financiers flock to his company. Jordan becomes immensely successful and slides into a decadent lifestyle of prostitutes and drugs. He has an affair with a woman named Naomi Lapaglia. When his wife finds out, Jordan divorces her and marries Naomi. Meanwhile, the SEC and the FBI begin investigating Stratton Oakmont. Jordan illegally makes $22 million in three hours upon securing the IPO of Steve Madden. This brings him and his firm further to the attention of the FBI. To hide his money, Jordan opens a Swiss bank account with corrupt banker Jean-Jacques Saurel in the name of Naomi's Aunt Emma, who is a British national and thus outside the reach of American authorities. He uses the wife and in-laws of his friend Brad Bodnick, who have European passports, to smuggle the cash into Switzerland.
Donnie gets into a public brawl with Brad, and, while Donnie escapes, Brad is arrested. Brad does not say a word about Donnie or Jordan to the police. Jordan learns from his private investigator that the FBI is wiretapping his phones. Fearing for his son, Jordan's father advises him to leave Stratton Oakmont and lie low while Jordan's lawyer negotiates a deal to keep him out of prison. Jordan, however, cannot bear to quit and talks himself into staying in the middle of his farewell speech. Jordan, Donnie, and their wives are on a yacht trip to Italy when they learn that Aunt Emma has died of a heart attack. Jordan decides to travel to Switzerland immediately to settle the bank account. To bypass border controls, he orders his yacht captain to sail to Monaco, but the ship is capsized in a storm. After their rescue, the plane sent to take them to Geneva is destroyed when a seagull flies into the engine. Jordan takes this as a sign from God and decides to sober up.
Two years later, the FBI arrests Jordan because Saurel, arrested in Florida on an unrelated charge, has informed the FBI on Jordan. Since the evidence against him is overwhelming, Jordan agrees to gather evidence on his colleagues in exchange for leniency. Now fed up with Jordan's lifestyle, Naomi tells Jordan she is divorcing him and wants full custody of their children. Jordan loses his temper and tries to run off with his daughter Skylar in his car, but he ends up crashing in the driveway. The next morning, Jordan wears a wire to work but slips a note to Donnie warning him. Donnie keeps the note and rats out Jordan to the FBI. Jordan is arrested for breaching his co-operation deal. The FBI raids and shuts down Stratton Oakmont. Despite his breach, Jordan receives a reduced sentence for his testimony and serves three years in a minimum security prison. After his release, Jordan makes a living hosting seminars on sales technique.
- 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
- Matthew McConaughey as Mark Hanna
- Jon Favreau as Manny Riskin
- Jean Dujardin as Jean-Jacques Saurel
- Joanna Lumley as Aunt Emma
- Cristin Milioti as Teresa Petrillo
- Christine Ebersole as Leah Belfort
- Shea Whigham as Captain Ted Beecham
- Katarina ?as as Chantalle Bodnick
- P. J. Byrne as Nicky Koskoff
- Kenneth Choi as Chester Ming
- Brian Sacca as Robbie Feinberg
- Henry Zebrowski as Alden Kupferberg
- Ethan Suplee as Toby Welch
- Jake Hoffman as Steve Madden
- Mackenzie Meehan as Hildy Azoff
- Bo Dietl as himself
- Jordan Belfort as Auckland Straight Line Host
Development
In 2007, Leonardo DiCaprio/Warner Bros. won a bidding war against Brad Pitt/Paramount Pictures for the rights to Jordan Belfort's memoir The Wolf of Wall Street, and Martin Scorsese was considered to direct the film. During pre-production, Scorsese worked on the film's script before working on Shutter Island. He describes having "wasted five months of life" without getting a green light on production dates by the Warner Bros. studio. Jordan Belfort made $1 million on the movie rights.
In 2010, Warner Bros. had offered Ridley Scott to direct the film, with Leonardo DiCaprio playing the male lead, but the studio eventually dumped the project.
In 2012, a green light was given by the independent company Red Granite Pictures allowing no restrictions to the content development. Scorsese knew that there were no limits to the content that he would produce and therefore came back on board, resulting in an R rating. Red Granite Pictures also asked Paramount Pictures to distribute the film; Paramount Pictures agreed to distribute the film in North America and Japan, but passed on the rest of the international market.
The FBI has issued subpoenas to several past and present employees of Red Granite Pictures in regards to allegations that US$155 million was diverted from the Malaysian wealth fund 1MDB to help finance The Wolf of Wall Street. This relates to the 1Malaysia Development Berhad scandal. A civil lawsuit initiated by the U.S. Department of Justice has sought to claim "any rights to profits, royalties and distribution proceeds" from The Wolf of Wall Street. To settle the civil lawsuit, Red Granite Pictures has agreed to pay US$60 million to the U.S. government.
In the film, most of the real-life characters' names have been changed from Belfort's original memoir. Donnie Azoff is based on Danny Porush. The name was changed after Porush threatened to sue the filmmakers. Porush maintains that much of the film was fictional and that Donnie Azoff was not in fact an accurate depiction of him. The FBI agent known as Patrick Denham is the stand-in for real-life Gregory Coleman, and lawyer Manny Riskin is based on Ira Sorkin. Belfort's first wife Denise Lombardo is renamed Teresa Petrillo, while second wife Nadine Caridi became Naomi Lapaglia on-screen. In contrast, Mark Hanna's name remains the same as the LF Rothschild stockbroker who, like Belfort, was convicted of fraud and served time in prison. Belfort's parents Max and Leah Belfort's names remained the same for the film. The role of Aunt Emma was initially offered to Julie Andrews, who refused it as she was recovering from an ankle injury, and she was replaced by Joanna Lumley.
In January 2014, Jonah Hill revealed in an interview with Howard Stern that he made only $60,000 on the film (the lowest possible SAG-AFTRA rate for his amount of work), while his co-star Leonardo DiCaprio (who also produced) received $10 million. Hill didn't care about his settlement though, and wanted to play Donnie Azoff so badly that he was willing to do whatever it took to get the part as it was his dream to be in a Scorsese film.
Filming
Filming began on August 8, 2012, in New York. Jonah Hill announced that his first day of shooting was September 4, 2012. Filming also took place in Closter, New Jersey and Harrison, New York. In January 2013, additional scenes were shot at a set built in an abandoned office building in Ardsley, New York. Scenes at the beach house were filmed in Sands Point, New York.
Scorsese's longtime editor Thelma Schoonmaker stated that the film would be shot digitally instead of on film. Scorsese had been a proponent of shooting on film but decided to shoot Hugo digitally because it was being photographed in 3D; however, The Wolf of Wall Street was originally planned to be shot digitally despite being filmed in 2D. Schoonmaker expressed her disappointment with the decision: "It would appear that we've lost the battle. I think Marty just feels it's unfortunately over, and there's been no bigger champion
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