Danny Porush

Quick Facts of Danny Porush

Real Name/Full Name Daniel Porush
Nick Name/Celebrated Name: Danny Porush
Birth Place: Lawrence, New York , US
Date Of Birth/Birthday: 7 February 1957
Age/How Old: 65 years old
Height/How Tall: In Centimeters –175cm
Feet and Inches – 5′ 9″
Weight:  Kilograms –76 Kg
In Pounds –167.5 lbs
Eye Color: Blue
Hair Color: Dark Brown
Parents Name: Father –N/A
Mother –N/A
Siblings: N/A
School: Lawrence Woodmere Academy
College: Dickinson College
Religion: Christian
Nationality: American
Zodiac Sign: Aquarius
Gender: Male
Sexual Orientation: Straight
Marital Status: Married
Girlfriend: N/A
Wife/Spouse Name: Lisa Porush (m. 2000) ; Nancy Porush  (1986-2000)
Kids/Children Name: John and 3 others
Profession: Businessmen, Former Stock Broker
Net Worth: $12 Million
Last Updated: 2023

Daniel Porush, an American national, is a businessman and former stockbroker. He rose to prominence after the release of the film “The Wolf of Wall,” in which the character “Donnie Azoff” is loosely modeled on him.

What is Danny Porush’s Net Worth?

Danny Porush
Danny Porush (Source: social media )

Danny Porush is a well-known international businessman who rose to prominence after the release of his loosely inspired biography. As of January 2023, Danny Porush has a net worth of $12 million. He has made the most of his fortune from stock market trades and enterprises located all over the world.

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Early Life and Education

Danny Porush, who was born on February 7, 1957, is 65 years old as of 2023. Despite his height of 5′ 9′′ in feet and inches and 175 cm in centimetres, he weighs 167.5 pounds and 76 kilograms. Daniel Porush was born to a Jewish family in Nassau County in February 1957. His father, who was one of his parents, was a doctor. He went on to Boston University after graduation. During that time, he dropped out of university since he was hopping from one job to the next in order to start tiny enterprises.

He spent 39 months of his life in prison in the 1990s for running a stock fraud operation. He married his cousin Nancy in 1986 and has three children with her. However, they divorced later, and in the same year, he married Lisa Krause for the second time and had one kid with her. Daniel Porush attended “Lawrence Woodmere Academy” and earned his undergraduate diploma from Boston University’s famous Dickinson College, but dropped out in the middle owing to his commercial interests.

Personal Life of Danny Porush

He was born and raised in Lawrence, New York’s Nassau County. They have strong Jewish convictions. One of his dad was a physician. Danny had three children with his cousin, “Nancy Porush,” whom he married in 1986. They were unable to continue their love story and chose to split up in 2000. On October 16, the same year, he married Lisa, with whom he had a child. He had also welcomed his four stepchildren with joy.

Danny Porush With Wife Lisa Porush
Danny Porush With Wife Lisa Porush (Source: brainstudy.info)

He neglected to pay child support in 2006, and his first wife filed a lawsuit against him. He later stated that he had no assets and that whatever he has now belongs to his second wife.

Is Danny Porush a gay man?

Danny had previously married in 1986, but the relationship ended after 14 years. However, he was fortunate enough to rekindle his romance the same year he married. This obviously demonstrates that he is straight and not gay.

Professional Life and Career

Daniel assisted Jordon Belfort in establishing Stratton Oakmont in New York in the 1980s. Belfort was Chairman, while Porush was President. Stratton Oakmont specializes in IPO underwriting and penny stock sales for tiny businesses such as Dualstar Technologies, Master Glazier’s Karate International, and others. Daniel took over as CEO of the company after Belfort was excluded from it in 1994.

Danny Porush - Net Worth, Wife (Lisa), Stratton Oakmont, Biography - Famous People Today
Daniel assisted Jordon Belfort in establishing Stratton Oakmont. (Source: Famous People Today)

The NASD and the SEC had taken action against Stratton Oakmont earlier in 1989. Stratton Oakmont has been identified as a participant in the scam scheme. The Stratton Oakmont was permanently removed from the NASD in late December 1996.

In 1999, both Belfort and Porush were found guilty of money laundering and security frauds during a federal indictment. Porush was sentenced to four years in prison and ordered to pay $200 million in restitution, while Belfort received a two-year sentence. Porush’s persona was then adapted into the film “The Wolf of Wall Street,” which was released in 2013.

After the release of Porush in 2004, he became affiliated with Med-Care, a Florida-based medical company. In April 2013, the firm was accused of defrauding Congress. Porush’s participation with Medicare was mentioned in 2014. In the same year, Porush and the other five employees were named in a whistleblower action alleging fraudulent Medicare claims.

The Medicare offices were searched and papers were taken by FBI agents from the Florida fraud department in January 2014. On January 16, a Medicare attorney filed a lawsuit in federal court seeking to have the whistleblowers’ counsel disqualified due to a professional conflict of interest.

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Awards

Porush had spent nearly four years in prison. He has yet to receive any major honors or achievements.

Some Interesting Facts You Need To Know

  • In the year 1984, he founded a company called “Contemporary Courier” and made approximately $500,000.
  • In 1983, he founded Sure Ride Ambulette Inc., which he sold in 1988, and in 1985, he founded Select Courier Inc., which he sold in 1988.
  • Danny was one of those businessmen with about 100 companies worth nearly a billion dollars under his roof.
  • He also has a charitable heart. He has made significant contributions to charity through organizations such as the South Florida
  • Philanthropic and Business Community.
  • In the 1980s, one of his closest pals was Steve Madden.
  • In the film “The Wolf Of Wall Street,” Jonah Hill and his buddy played Leonardo DiCaprio’s character.

Wikipedia: Danny Porush Wiki

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Frequently Asked Questions (FAQs)

What Does Danny Porush Do Now?

Danny Currently works in business management, consulting, corporate restructuring, and mergers and acquisitions.

Was Danny Porush Married to His Cousin?

Yes, Danny’s first wife, Nancy, was his cousin.

Key Takeaways

Follow the Law

If you want to be rich and successful, don’t break the law. If Danny Porush had not been involved in so many illegal activities, there’s a chance he would’ve been a billionaire today.

Be Careful With Your Money

Though the accuracy between the movie character and the real Donny Porush is a bit blurry, it’s clear that he made a lot of mistakes when it came to his spending.

So, be careful with your money and don’t spend it all on fancy cars and clothes.

Don’t Be Greedy

Greed can be a dangerous thing. In the case of Danny Porush, it seems like it was his downfall. Had he not been so greedy for success, he could’ve avoided a lot of trouble.