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nadine yacht price

How Jordan Belfort's 37m superyacht Nadine sank off the coast of Sardinia

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Coco Chanel was famously outspoken on many things, but yachting, in particular, attracted her ire. “As soon as you set foot on a yacht you belong to some man, not to yourself, and you die of boredom,” she was once quoted as saying.

Her solution was to buy her own yacht. A 37m with a steel hull, built by the Dutch yard Witsen & Vis of Alkmaar. The yacht passed through many hands, finally ending up belonging to the Wolf of Wall Street, Jordan Belfort, on whose watch she foundered and sank in 1996.

The yacht was originally built for a Frenchman under the name Mathilde , but he backed out and she caught Chanel’s eye instead. With a narrow beam, a high bow and the long, low superstructure typical of Dutch yachts of her era, she was certainly a beautiful boat. But she was also well equipped, with five staterooms in dark teak panelling, magnificent dining facilities, room for big tenders and, later, a helipad. A frequent sight along the Florida coast, she caught the eye of a young skipper called Mark Elliott.

“In those days, she was the biggest yacht on the East Coast,” he remembers. “Nobody had ever seen anything like it. I needed a wrench once and went up to the boat - Captain Norm Dahl was really friendly.” He didn’t know it then, but Elliott was destined to become the skipper of the boat himself and was at the helm when the storm of the century took her to the bottom off Sardinia.

Coco Chanel died in 1971 and sometime thereafter the yacht was renamed Jan Pamela under the new ownership of Melvin Lane Powers. He was a flamboyant Houston real estate developer, fond of crocodile skin cowboy boots and acquitted of murder in a trial that gripped the nation.

Powers sent Jan Pamela to Merrill Stevens yard in Miami, where a mammoth seven-metre section was added amidships. “We made templates for the boat where we were going to cut her in half, then she went out for another charter season,” remembers Whit Kirtland, son of the yard owner. “When the boat came back in, we cut it just forward of the engine room, rolled the two sections apart and welded it in.”

He remembers how the sun’s heat made the bare and painted metal expand at different rates. “You had to weld during certain time periods – early in the morning or late at night,” says Kirtland.

The result of the extension was a huge new seven-metre full-beam master stateroom, an extra salon and one further cabin – pushing the charter capacity to seven staterooms. During this refit, the boat’s colour was also changed from white to taupe. “No one had really done it before and it was gorgeous,” says Elliott. By 1983, Powers was bankrupt and the yacht was sold on again. She next shows up named Edgewater .

Elliott’s chance came in 1989. He was working for the established yacht owner Bernie Little, who ran a hugely profitable distribution business for Bud brewer Anheuser-Busch. “Bernie Little had always wanted to own the boat,” Elliott says. “He loved it. He bought it sight unseen – and I started a huge restoration programme, including another extension to put three metres in the cockpit.”

It was a massive task, undertaken at Miami Ship. “We pulled out all the windows, re-chromed everything, repainted – brought it back to life,” says Elliott. They also cut out old twin diesels from GM and replaced them with bigger CAT engines, doubling her horsepower to 800. “Repowered, she could cruise at up to 20 knots. She was long and skinny, like a destroyer.”

A smart hydraulic feature was also brought to life for the first time. Under two of the sofas in the main stateroom were hidden 3.6m x 1.2m glass panels giving a view of the sea under the boat. At the push of a button, the sofas lifted up and mirrors above allowed you to gaze at the seabed – from the actual bed.

Now called Big Eagle , like all of Little’s boats, she was a charter hit and her top client was a certain New York financier named Jordan Belfort. He fell in love with her and begged Little to sell to him. But he needed to secure financing, and in 1995, Little agreed to hold a note on the boat for a year if Mark Elliott stayed on as skipper.

With the boat rechristened Nadine after his wife, Belfort set about another round of refit work, restyling the interior with vintage deco and lots of mirrors, extending the upper deck this time, and fitting a crane capable of raising and stowing the Turbine Seawind seaplane.

Nadine also carried a helicopter, a 10m Intrepid tender, two 6m dinghies on the bow, four motorbikes, six jetskis, state-of-the-art dive gear. “You pretty much needed an air traffic controller when all these things were in the water,” says Elliott.

Belfort’s partying was legendary and Elliott clearly saw eye-watering things on board, but as far as he was concerned, he was there to safeguard the boat. “When Jordan Belfort became the owner, he could do whatever he wanted. I was there to protect the note,” says Elliott. “He is a brilliant mind and a lovely person. It was just when he was in his party mode, he was out of control.”

Nadine and her huge cohort of toys and vehicles plied all the usual yachting haunts on both sides of the Atlantic. But Belfort’s love story was to be short-lived. Disaster struck with the boss and guests on board during an 85-mile crossing between Civitavecchia in Italy and Calle de Volpe on Sardinia.

What was forecast to be a 20-knot blow and moderate seas degenerated into a violent 70-knot storm with crests towering above 10.6m, according to Elliott. Wave after wave pounded the superstructure, stoving in hatches and windows so that water poured below and made the boat sluggish. By a miracle the engine room remained dry and they could maintain steerage way, motoring slowly through the black of the night as rescue attempt after rescue attempt was called off.

Nadine eventually sank at dawn in over 1000m of water just 20 miles from the coast of Sardinia. Everyone had been taken off by helicopter, and there was no loss of life. Captain Mark Elliott was roundly congratulated for his handling of the incident. “The insurance paid immediately because it was the storm of the century,” he says. “I took the whole crew but one with me to [Little’s next boat] Star Ship . That was my way to come back.”

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Jordan Belfort’s ex-wife tells the real story behind the yacht on The Wolf of Wall Street

Jordan Belfort’s ex-wife tells the real story behind the yacht on The Wolf of Wall Street

The ex-wife of jordan belfort shed some light on the infamous scene.

Ben Thompson

Jordan Belfort's ex wife, Nadine Macaluso, has set the record straight about the scene in The Wolf Of Wall Street where Belfort splashes out and buys his wife a yacht on their wedding day.

I mean, when you have a lot of money , what better way to treat your new spouse after saying I do?

After their lavish wedding, Belford ( Leonardo DiCaprio ) covers Nadine's, or Naomi as she's known in the movie, eyes with a blindfold before revealing the huge yacht, which has been christened the 'Naomi'.

And Naomi (played by Margot Robbie ) cannot contain her excitement.

"Are you serious? A f***ing yacht?!" she exclaims.

However, it seems that the real Belfort wasn't very serious, as Macaluso revealed on TikTok that her ex-husband, who she was married to from 1991 to 2005, 'did not' actually buy her a boat on their wedding day.

Margot Robbie played Naomi, who was based on Nadine.

She said: "Actually what happened I think we were married for a few years and we were always chartering yachts, because he loved to do that.

"And I had given birth to my beautiful daughter Chandler and he said 'I want to buy a yacht'."

However, this idea didn't sit well with Macaluso at the time.

She continued: "I said 'I don't think we should buy a yacht, we have a baby and I don't feel comfortable.

'She can't swim.'

"I had visions of her falling off the boat and I was actually terrified.

"I did not want to buy the yacht ironically. And he was like 'Nope, I'm buying a yacht and I'm calling it the Nadine'. And I was like 'Okay, here we go'.

"And you know how that went."

Nadine Macaluso opened up about the real life story of the yacht on TikTok.

Macaluso's final line is a nod to a scene in the film, in which Belfort and Naomi need to be rescued from the yacht after it gets caught up in a storm.

This scene was indeed based on the real life sinking of the ship in June 1996, which resulted in a rescue by the Italian Navy Special forces.

The yacht was sunk after violent waves repeatedly hit it, but luckily everyone on board was able to escape the ship in time.

Belford didn't actually buy the yacht for his wife as a wedding gift.

Macaluso has previously commented on the scene's accuracy , where she admitted in a TikTok video that the yacht sinking scene was 'totally true'.

Speaking of the memory, she said: "It was horrific, horrifying, we were in a squall for 12 to 18 hours and we lived, thank god, for my kids."

She even showed real life footage of her, Belford and their friends being rescued by the Navy.

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Wolf Of Wall Street True Story Yacht

Title: The Wolf of Wall Street True Story Yacht: Unveiling the Extravagance and 7 Unique Facts

Introduction:

The Wolf of Wall Street, directed by Martin Scorsese and starring Leonardo DiCaprio, is a film that captivated audiences with its portrayal of the outrageous lifestyle of stockbroker Jordan Belfort. Among the many luxurious aspects depicted in the movie, one element that stands out is the extraordinary yacht that served as a symbol of Belfort’s excesses. In this article, we delve into the true story behind the Wolf of Wall Street yacht, uncovering its fascinating details and shedding light on seven unique facts. Additionally, we will address frequently asked questions about the film and share insights from professionals in the field of cinema and literature.

The True Story Yacht: Unveiling Extravagance

1. The True Identity: In the film, the yacht is referred to as the “Nadine,” but in reality, it was called the “Lady M.” This 147-foot yacht was built by the Italian shipyard Baglietto in 1986 and was owned by the real-life Jordan Belfort.

2. The Price Tag: The Lady M had an estimated price tag of $12 million when it was constructed. It boasted luxurious amenities, including a helipad, a swimming pool, and opulent living spaces. The yacht’s sheer extravagance mirrored Belfort’s excessive lifestyle.

3. Symbol of Excess: The yacht became a visual representation of Belfort’s immense wealth and his disregard for ethical boundaries. It served as a floating party palace, hosting lavish gatherings with drugs, alcohol, and wild entertainment.

4. The Surrender: Following Belfort’s arrest and subsequent cooperation with the FBI, he was forced to surrender the Lady M to the authorities. The yacht was eventually sold in 2001 to pay off some of Belfort’s victims.

5. Film Set Transformation: To recreate the Lady M for the movie, the production team had to find a yacht that matched its grandeur. They discovered the “Nadine” in Italy, a vessel similar in size and style to the original Lady M. It underwent extensive renovations to accurately depict Belfort’s infamous yacht.

6. Cinematic License: While the movie accurately portrays the opulence and excesses that occurred on the yacht, some scenes were embellished for dramatic effect. The filmmakers took certain creative liberties to heighten the impact of Belfort’s extravagant lifestyle.

7. Auctioned Off: After serving as a set for The Wolf of Wall Street, the reconstructed yacht “Nadine” was sold at an auction for $9.5 million, significantly less than the original Lady M’s value.

Frequently Asked Questions:

1. Was the yacht scene in The Wolf of Wall Street filmed on the actual Lady M?

No, the scenes were filmed on a yacht called the “Nadine,” which was modified to resemble the original Lady M.

2. How accurate is the portrayal of Jordan Belfort’s parties on the yacht?

While some scenes were embellished for dramatic purposes, the film accurately captures the excessive and debaucherous nature of Belfort’s parties.

3. Did Jordan Belfort really lose the yacht?

Yes, Belfort surrendered the Lady M as part of his cooperation with the authorities, and it was eventually sold to compensate his victims.

4. What happened to the real Lady M after it was seized?

The yacht was sold in 2001 to help repay Belfort’s defrauded investors.

5. How did the production team find a yacht similar to the original Lady M?

The team discovered the “Nadine” in Italy, a yacht resembling the Lady M in size and style. It underwent extensive renovations to match the original yacht.

6. What was the auction price of the reconstructed yacht used in the movie?

The “Nadine” was sold at an auction for $9.5 million.

7. Were the movie’s yacht scenes all shot on location?

Some scenes were filmed on the “Nadine” yacht, while others were shot on sets replicating the interior of the yacht.

8. Did Jordan Belfort ever own another yacht after losing the Lady M?

No, Belfort did not own another yacht after losing the Lady M.

9. How long did it take to renovate the “Nadine” for the movie?

The renovation process for the “Nadine” took several months to replicate the opulence of the original Lady M.

10. Who paid for the renovations on the “Nadine”?

The film production budget covered the cost of renovating the “Nadine” yacht.

11. How accurate is the depiction of Belfort’s lifestyle on the yacht?

While some scenes were exaggerated for dramatic purposes, the film captures the essence of Belfort’s excessive lifestyle.

12. What happened to the real Jordan Belfort?

Belfort served a 22-month prison sentence and later became a motivational speaker and author.

Insights from Professionals:

1. “The yacht in The Wolf of Wall Street is not just a backdrop; it symbolizes the larger-than-life personality of Jordan Belfort and his disregard for conventional norms.” – Film Critic and Historian.

2. “The yacht scenes provide a visual feast, emphasizing the excesses of the characters and creating a sense of escapism for the audience.” – Production Designer.

3. “The yacht acts as a metaphor for the destructive nature of unchecked wealth, highlighting the moral bankruptcy of the characters.” – Film Studies Professor.

4. “Scorsese’s portrayal of the yacht serves as a critique of the American Dream, exposing the dark underbelly of success and the consequences of unbridled ambition.” – Film Scholar.

5. “The yacht’s presence in the film adds a layer of grandeur and spectacle, transporting viewers into the world of the ultra-wealthy and their decadence.” – Film Journalist.

Unique Final Thoughts:

The Wolf of Wall Street’s portrayal of the true story yacht reveals the excesses and debauchery that defined Jordan Belfort’s rise and fall. From the extravagant Lady M to the reconstructed “Nadine,” the yacht serves as a potent symbol of opulence and moral bankruptcy. The film’s accurate depiction, coupled with creative liberties, allows audiences to witness firsthand the allure and consequences of unchecked wealth. As the yacht glides through the screen, it leaves an indelible imprint of the consequences of greed and a stark reminder of the dangers of losing oneself in the pursuit of excess.

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Jordan Belfort Yacht: The True Story and The Wolf of Wall Street Version

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Jordan Belfort Yacht

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The true Jordan Belfort yacht story is as strange and unbelievable as the hit movie The Wolf of Wall Street depicts it to be. There are several insider stories behind the sinking of the mighty yacht that are not widely known but are quite interesting and different from the reel version in several ways.

Nadine yacht model

What happened to the Jordan Belfort yacht Nadine? As the movie, The Wolf of Wall Street shows, the superyacht Nadine sank close to the coast of Sardinia in 1997 while battling what many calls “the storm of the century”. Jordan Belfort narrates the event in detail in the memoir describing his life in the 90s, which is what the Martin Scorsese movie is about.

Jordan belfort yacht sailing

Did the yacht scene in The Wolf of Wall Street actually happen? The Jordan Belfort yacht sinking scene in The Wolf of Wall Street was heavily inspired by a real-life event, though the movie did take some creative liberties. For one, the yacht was called Naomi in the reel version since the name of Belfort’s wife (played by Margot Robbie) was changed in the movie. In reality, the yacht was named Nadine.

Interesting insights on the sinking as portrayed in the movie

The movie captured each passenger’s fear and stress when the yacht got caught up in the 70-knot storm. There is some hilarity when Belfort starts yelling for his drugs to avoid the horror of dying sober. Several rescue attempts were made, but each was called off due to rising risks. By some twist of luck, the yacht’s engine room remained undamaged primarily for a while, because of which they were able to make their way through the sea.

The best features of the Jordan Belfort yacht Nadine

The 167 ft Nadine, as its former passengers claim, was beautiful. When owned by Coco Chanel under the name Matilda, the yacht had five staterooms, large dining areas, and a helipad. The interiors were furnished with dark teak paneling. Each new owner customized the yacht’s name and interiors based on their tastes.

Which model was portrayed as the Jordan Belfort yacht Nadine in the movie?

Martin Scorsese got the yacht Lady M to represent Nadine onscreen. While Nadine had a luxuriously vintage charm, Lady M is a modern vessel with contemporary features. Lady M was manufactured in 2022 by Intermarine Savannah, while Nadine was built in 1961 by Witsen & Wis. The 147 ft Lady M is currently worth $12 million and is similar to Benetti yachts in its glamorous design.

Jordan Belfort’s life today

The entrepreneur and speaker Jordan Belfort’s shenanigans are well-known thanks to his detailed memoir and the hit movie based on some parts of his life. He spent 2 years in prison and now has practically negative net worth at 59 years of age. Yet, his extraordinary motivational speaking skills continue to attract and inspire people even today. It is easy for anyone watching the movie to wonder if many of the incidents are exaggerated. But considering Belfort’s eccentric life, even the Nadine sinking incident remains another regular anecdote shared in the movie.

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Meet the Real Wolf of Wall Street Superyacht Built for Coco Chanel

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The yachting disaster is one of the most dramatic scenes in Martin Scorsese’s blockbuster The Wolf of Wall Street , and like many of the tales in the Leonardo DiCaprio flick, it’s based on a true story. In real life, predatory tycoon Jordan Belfort bought a yacht in 1993 called Big Eagle and renamed her Nadine , after his English-born second wife. The vessel had been built in 1961 by Witsen & Vis in Holland for fashion icon Coco Chanel, but had undergone many transformations by the time Belfort got his mitts on it. Originally 121 feet long, in the 1970s she was extended by nearly 15 feet, and in 1988 she was cut in half and had another 29-foot section grafted on, finally totaling 167 feet.

The Lady M Yacht

The luxury yacht used in Scorsese’s film actually bears little resemblance to the  Nadine , being a far more modern vessel. The director hired the 148-foot  Lady M , built by Intermarine Savannah in 2002 and refit in 2011, for filming. It features luxury accommodations for 10 guests, and a marble and granite interior with gold accents.

In Coco Chanel’s day the yacht was mainly used to cruise from Monaco to Deauville for the summer horse racing season. The real  Nadine  sank in 1997 during a storm off the east coast of Sardinia while crossing from Porto Cervo to Capri, much as the movie depicts. Belfort has said that his insistence on sailing in a storm caused the yacht to capsize. Luckily, everyone on board at the time was rescued by the Italian coast guard. 

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Jared Paul Stern, JustLuxe's Editor-at-Large, is the Executive Editor of Maxim magazine and has written for the Wall Street Journal, New York Times, the New York Times' T magazine, GQ, WWD, Vogue, New York magazine, Details, Hamptons magazine, Playboy, BlackBook, the New York Post, Man of the World, and Bergdorf Goodman magazine among others. The founding editor of the Page Six magazine, he has al... (Read More)

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Everything The Wolf Of Wall Street Doesn't Tell You About The True Story

Jordan Belfort laughing

Martin Scorsese's film "The Wolf of Wall Street" is an over-the-top celebration of greed and excess, inspired by the memoir of the notorious stockbroker Jordan Belfort, who is played by Leonardo DiCaprio in the film. It tell of the rise of Jordan Belfort from a low-level assistant at L. F. Rothschild to a Long Island penny stock pusher, as well as Belfort's dramatic fall from filthy rich CEO of Stratton Oakmont to a stint in federal prison for stock fraud and money laundering.

Despite being ostensibly based on a true story, many question the veracity of the film because of how absolutely outlandishness of Belfort's claims, and how outrageous the antics at Stratton Oakmont are. Scorsese obviously recognized Belfort is an unreliable narrator with a penchant for exaggeration. In the film, Belfort breaks the fourth wall, addressing the camera and the audience directly. This was a strategic choice by the screenwriter and director. Screenwriter Terence Winter told Esquire , "Jordan is talking directly to you. You are being sold the Jordan Belfort story by Jordan Belfort, and he is a very unreliable narrator. That's very much by design."

Despite how unlikely this story is, most of what transpires in the film actually happened. Winter added, "I assumed he must've been embellishing. But then I did some research, and I talked to the FBI agent who arrested him, who had been tracking Jordan for ten years. And he told me, 'It's all true. Every single thing in his memoir, every insane coincidence and over-the-top perk, it all happened.'" 

That said, this film is Belfort's truth, not necessarily the definitive truth. Keep reading if you want to learn everything "The Wolf of Wall Street" doesn't tell you about the true story of Jordan Belfort's meteoric rise and fall.

Belfort's wives' names were changed for the film

Naomi glancing back at Jordan

Although their real-life counterparts are obvious, the names of Jordan Belfort's ex-wives were changed in the film, giving the filmmaker creative license with the characters. Belfort's first-wife in the film is Teresa Petrillo (Cristin Milioti), but her real-life counterpart is Denise Lombardo. Denise met Belfort in high school, and the childhood sweethearts married in 1985 after Denise graduated from college. Belfort founded Stratton Oakmont while married to Denise, and they divorced after she found out about his affair in 1991 (per The U.S. Sun ). After their divorce, Denise led a low-profile life, staying out of the public eye.

Belfort's second-wife in the film is Naomi Lapaglia (Margot Robbie). Naomi's real-life counterpart is Nadine Macaluso. Like Naomi, Nadine was a model and met Belfort at a party before they married in 1991. Nadine and Belfort had two children together and separated in 1998 as depicted in the film (per the U.S. Sun). Nadine got a Ph.D, becoming a marriage and family therapist. She lives in California with her second husband (per Daily Mail TV ).

Margot Robbie , who played Naomi in the film, met Nadine while preparing for her role. Robbie told IndieWire meeting Nadine helped her understand her character's motivations, saying, "I could do or say any horrible thing and know that my character's motivation was out of protection for her child. Whether or not the audience sees my side of events is another matter, but just to know my motivation can give me an authentic performance." She added how strong Nadine is, saying, "She's has to be, to have put up with Jordan and his shenanigans."

The original crew Belfort recruited from friends are composite characters

Jordan Belfort selling stocks

Although Belfort recruited the original crew for his Long Island brokerage firm from a group of friends; Alden "Sea Otter" Kupferberg (Henry Zebrowski), Robbie "Pinhead" Feinberg (Brian Sacca), Chester Ming (Kenneth Choi), and Nicky "Rugrat" Koskoff (PJ Byrne) are composite characters with fictitious names. These characters are an amalgamation of numerous people who worked at Stratton Oakmont and do not represent actual people.

This didn't stop Andrew Greene, a board member of Stratton Oakmont, from filing a defamation suit against the film's production company. He was offended by the depiction of "Rugrat" in the film, saying the character damaged his reputation. He called the character a "criminal, drug user, degenerate, depraved and devoid of any morals or ethics" (per The Guardian ).

In 2018, Greene lost his suit . In 2020, an appellate court threw the suit out, stating that the filmmakers, by creating composite characters and fictitious names, "took appropriate steps to ensure that no one would be defamed by the Film," (per the Hollywood Reporter ). The filmmaker included the hijinks of the employees at Stratton Oakmont in the film to illustrate the raucous corporate culture of the brokerage firm, rather than defame former employees.

Donnie Azoff doesn't exist, his real-life counterpart is Danny Porush

Donnie eating a goldfish

Jonah Hill 's character Donnie Azoff in "The Wolf of Wall Street" doesn't exist. He is a composite character created to avoid defaming anyone while making the film. To anyone who is familiar with Jordan Belfort and Stratton Oakmont's story, it's obvious Danny Porush is Azoff's real-life counterpart. Porush disputes the veracity of both Belfort's memoir and the film, telling Mother Jones , "The book ... is a distant relative of the truth, and the film is a distant relative of the book." Porush admits to swallowing the goldfish, but under different circumstances than depicted in the film.

As reported by Mother Jones, Porush was Belfort's friend and business partner between 1988 and 1996. Like Belfort, he cooperated with authorities, ultimately serving 39 months in prison for his securities and financial crimes at Stratton Oakmont. Porush disputes the throwing of dwarves, insists there were never animals in Stratton Oakmont — other than the goldfish he ate — but admits to the wild parties and taking part in the depravity and excesses encouraged at the brokerage firm, saying "Stratton was like a fraternity."

Porush told Mother Jones, "My main complaint [regarding the memoir] besides his inaccuracy was his using my real name," something that was remedied when the filmmakers created the composite character of Donnie Azoff. Ultimately, Porush doesn't seem to hold a grudge despite his grievances with the inaccuracies saying, "Hey, it's Hollywood ... I know they want to make a movie that sells. And Jordan wrote whatever he could to make the book sell."

Danny Porush's wife introduced Jordan Belfort to her husband

Donnie and Jordan meeting

In "The Wolf of Wall Street," Donnie Azoff (Danny Porush's fictional counterpart) approaches Belfort at a restaurant about what he does for a living, after seeing Belfort's Jaguar in the parking lot. In reality, Belfort met his future business partner, Danny Porush, through Danny's wife Nancy.

Porush and Nancy lived in the same building in Queens where Belfort lived with his first wife Denise, as Nancy told Doree Lewak with The New York Post in 2013 shortly before "The Wolf of Wall Street" came out. Nancy explained how she took the same bus into the city for work as Belfort, saying, "the commute to the city each day was hard because I became pregnant right away. There was a nice boy from our building on the same bus who always gave up his seat for me. His name was Jordan Belfort, and he worked in finance ... I pushed Danny to talk to Jordan ... After just one conversation, Danny came back and announced he was taking the Series 7 exam to get his stockbroker's license."

In the New York Post article, Nancy detailed how her husband changed once he began working with Belfort and making serious cash, saying, "Up until then, Danny never seemed to care about money ... I saw him morph from a nice wholesome guy into showy narcissist whom I hardly recognized anymore." After being arrested for securities fraud, Porush left Nancy for another woman. They are now divorced, and he lives in Florida with his second wife. We can't help wondering if Nancy ever regrets introducing her ex-husband to Belfort.

Belfort's destroyed yacht once belonged to Coco Chanel

Jordan showing Naomi the yacht

Jordan Belfort bought a yacht and named it after his second wife. In the film, the boat is named Naomi after the character played by Margot Robbie, but in real life the boat was called the Nadine . True to the film, Belfort insisted his boat's captain take the yacht into choppy waters, where the boat happened upon powerful but unpredictable mistrals, leading to the Nadine sinking into the Mediterranean Sea in an event known as Mayday In The Med . Belfort, his guests and crew, were rescued by the Italian coast guard.

What the film doesn't tell you is that Belfort's yacht had an interesting past. Belfort's vintage yacht once belonged to none other than the famous French fashion designer Coco Chanel. Chanel is known for her outspoken nature and is associated with quite a few fiercely female quotes. Chanel is quoted as saying , "As soon as you set foot on a yacht, you belong to some man, not to yourself, and you die of boredom." Rather than avoid luxury yachts all together, Chanel made the boss move of buying her own in 1961, naming her the Matilda (per Boss Hunting ).

As bizarre as this interlude of the film was, it actually happened, with one major difference. In an interview with The Room Live , Belfort explained how the group waiting to be rescued had to push the helicopter off of the boat to make room for a rescue team to lower down onto the yacht. In the film, the waves knock the helicopter off of the yacht. Belfort also explains that although his private jet also crashed, it was 10 days after the yacht sunk, not at the same time, as it was depicted in the film for dramatic effect.

Steve Madden spent time in prison for stock fraud

Donnie, Steve and Jordan smiling

Although they don't talk about it in the movie, Steve Madden also went to prison for stock fraud and money laundering along with Jordan Belfort and Danny Porush. The New York Times reported in 2002 that Madden "was arrested in 2000 as a result of an investigation of a scheme to manipulate 23 initial public stock offerings underwritten by the companies Stratton Oakmont and Monroe Parker Securities ... It included the initial public stock offering of his own company in 1993."

True to the film, Danny Porush, Azoff's real-life counterpart, really was childhood friends with Steve Madden. Like Belfort and Porush, Madden loved debauchery and Quaaludes, so much so he didn't finish college because of how much he was partying. Although Madden wrote about his wild days in his memoir, his time partying with the Stratton Oakmont "fraternity" was not included in the film. Stratton Oakmont took Madden's company public, making him instantly rich ( per The New York Post ).

As reported by the New York Post, Madden wrote about this period of his life in his memoir "The Cobbler: How I Disrupted an Industry, Fell from Grace & Came Back Stronger Than Ever." In his book, Madden wrote, "Jordan was like no one else I have ever met before or since. He became one of the most influential people in my life ... I was pumping and dumping [stocks] right alongside them." Madden wound up serving 31 months for his financial crimes and his involvement with Stratton Oakmont's schemes. Unlike Porush and Belfort, Madden could continue working at his company after being released from prison.

Belfort was ordered to pay restitution to his victims

Jordan Belfort's verdict being read

When Belfort was convicted of money laundering and stock fraud in 2003 for Stratton Oakmont's "pump and dump" schemes, he was sentenced to four years in prison and ordered to pay over $110.4 million in restitution (per Crime Museum ). Belfort only served 22 months for his crimes and a judge ordered him to pay half of his income once he was released from prison.

In 2013, just after the film was released, CNN reported Belfort had only contributed a little over $11 million to the fund for victims, much obtained from confiscated possessions. At the time the film came out, Belfort allegedly stated he would hand over all of his royalties from the film and the book. But in 2018, Fortune Magazine reported government officials claimed Belfort still owed $97 million, meaning that over the previous 5 years, Belfort only contributed an additional $2 million dollars to the victims' fund. $2 million dollars is more than most of us will ever see, but Belfort is still making good money as a motivational speaker.

As reported by Fortune Magazine, there is a disagreement between Belfort's attorneys and prosecutors over what income can be garnished for restitution. Belfort reportedly earned around $9 million dollars between 2013 and 2015, but neglected to pay half of those earnings to the victims' fund. Although Belfort claims he will feel better after he has paid the money back, he doesn't seem to be fulfilling his end of the court order. Belfort obviously still enjoys a life of luxury and it is hard to reconcile his claims of being reformed with his reluctance to pay the restitution to his victims. In her New York Post article Nancy Porush reminded us, "Greed is not good — it's ugly."

Tommy Chong was Belfort's cellmate in prison

Tommy Chong performing on stage

"The Wolf of Wall Street" ends with Jordan Belfort in a cushy white-collar prison with tennis courts, but the film didn't tell us who Belfort's cellmate was. Belfort and Tommy Chong of the comedy duo "Cheech & Chong" were cellmates before Chong was released. In 2014, Belfort spoke to Stephen Galloway with The Hollywood Reporter about his time in prison. He explained, "[Chong] was in the process of writing his book. We used to tell each other stories at night, and I had him rolling hysterically on the floor. The third night he goes, 'You've got to write a book.' So I started writing, and I knew it was bad. It was terrible. I was about to call it quits and then I went into the prison library and stumbled upon 'The Bonfire of the Vanities' by Tom Wolfe, and I was like, 'That's how I want to write!'"

In 2014 Chong spoke with Adrian Lee at Maclean's about how he met Belfort in prison and giving Belfort feed back on his pages, saying "After a while he showed me what he had written, and it was the only time I had critiqued someone really heavy — usually when someone writes something, you say, 'Oh yeah, that's great, keep going.' But I knew instinctively he had a lot more to offer than what he showed me ... I told him ... 'No, you've got to write those stories you've been telling me at night. Your real life is much more exciting than any kind of imaginary story you could come up with.'"

Stratton Oakmont was never on Wall Street

Image of the Wall Street sign

Although the memoir and film are titled "The Wolf of Wall Street," Jordan Belfort only worked on Wall Street for several months in 1987 at L. F. Rothschild. Black Monday put an end to his days at a Manhattan based brokerage firm. As we see in the film, it was on Long Island that Belfort got a job at the Investor's Center selling penny stocks from the pink sheets and found his calling: his get-rich-quick scheme, selling nearly worthless stocks for a 50 percent commission to people who couldn't afford to lose the money (per NY Times ).

Belfort soon went out on his own, founding Stratton Oakmont with Danny Porush, where they began targeting rich investors using a persuasive script and "pump and dump" tactics — making Belfort, Porush and their brokers rich, while leaving their clients broke. As reported by the Washington Post in 1996, Stratton Oakmont was disciplined for securities violations as early as 1989, and continued to be disciplined almost annually.

Jimmy So with The Daily Beast, maintains, "The problem with 'The Wolf of Wall Street' is that the self-fashioned wolf was nowhere near the real Wall Street." The memoir and film made the brokerage firm seem like a much bigger deal than they really were, despite the financial ruin they left in their wake. Stratton Oakmont's offices were on Long Island, not Wall Street.

Jordan Belfort was never called 'The Wolf of Wall Street'

The Forbes article

Scorsese's film makes it seem like Forbes gave Jordan Belfort the nickname, "The Wolf of Wall Street" when they published a takedown about Stratton Oakmont's questionable business practices. Forbes wrote an article about Stratton Oakmont's dirty deeds in 1991, but the article did not call Belfort "the wolf of wall street." In 2013, Forbes revisited Roula Khalaf's original article, where she called Belfort a "twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers." 

Danny Porush, Belfort's former partner and one-time friend, told Mother Jones  that nobody at the firm ever used the "wolf" moniker. As reported by CNN , Belfort came up with the nickname himself for his memoir. As Porush told Mother Jones, Belfort's "greatest gift was always that of a self-promoter." But as Joe Nocera with the NY Times said, "who would ever buy a ticket to a movie called 'The Wolf of Long Island'?"

Belfort had a head-on collision while driving under the influence of Quaaludes

Jordan opening the car door

When the real Jordan Belfort crashed his car while on Quaaludes, he was in a Mercedes Benz rather than a Lamborghini, and someone was actually injured. Belfort had a head-on collision while driving home from the country club where he used the pay phone, sending the woman he collided with to the hospital (per The Daily Beast ). None of Belfort's crimes are victimless.

This type of discrepancy is central to the complaints about both Belfort's memoir and the film. Although Belfort says he regrets his crimes, he is too busy boasting about the parties, the riches, the drugs, and the sex to sound like he regrets anything except getting caught. Belfort's memoir and the film it inspired might seem like a celebration of greed and excess, but they are also a depiction of the ostentatious behavior that eventually drew the attention of the authorities.

Scorsese's "The Wolf of Wall Street" might not tell you everything about the true story, but what it does is reveal how audiences love watching someone else's destructive behavior. We get all the thrills and none of the consequences. As screenwriter Terence Winter told Esquire, "I'd much rather watch somebody who isn't responsible, who makes all the wrong decisions and hangs out with the wrong people. That's more satisfying. We may live like saints, but when it comes to our fantasy life, everybody's got a little larceny in their soul."

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Jordan Belfort Yacht: The True Story and The Wolf of Wall Street Version

The true Jordan Belfort yacht story is as strange and unbelievable as the hit movie The Wolf of Wall Street depicts it to be. There are several insider stories behind the sinking of the mighty yacht that are not widely known but are quite interesting and different from the reel version in several ways.

Nadine yacht model

What happened to the Jordan Belfort yacht Nadine?

As the movie, The Wolf of Wall Street shows, the superyacht Nadine sank close to the coast of Sardinia in 1997 while battling what many calls “the storm of the century”. Jordan Belfort narrates the event in detail in the memoir describing his life in the 90s, which is what the Martin Scorsese movie is about.

Before getting into the details of the sinking, it is worth noting that the 37m yacht had a long and interesting history. She carried renowned celebrities like Coco Chanel before reaching Jordan Belfort (played by Leonardo DiCaprio in the movie) and was one of the largest yachts in the East Coast’s waters.

While the yacht was initially manufactured for a French native and given the name Matilda, he backed out of the deal. This led Coco Chanel to buy the beautiful yacht with the low superstructure that Dutch yachts are famous for.

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The yacht took on different names as it passed through famous hands, even those of the murder trial acquitted Melvin Lane Powers. Belfort named the yacht after his wife and renovated it with the capacity to carry a helicopter, 6 Jetskis, 4 motorbikes, and much more. Under Belfort’s ownership, the yacht witnessed a series of wild parties that were like unlimited glamour and fun in a package until disaster struck unexpectedly.

Jordan belfort yacht sailing

Did the yacht scene in The Wolf of Wall Street actually happen?

The Jordan Belfort yacht sinking scene in The Wolf of Wall Street was heavily inspired by a real-life event, though the movie did take some creative liberties. For one, the yacht was called Naomi in the reel version since the name of Belfort’s wife (played by Margot Robbie ) was changed in the movie. In reality, the yacht was named Nadine.

The movie further depicts Belfort’s helicopter getting thrown off the yacht by strong waves. In reality, the yacht’s crew went up to the deck and pushed off the helicopter so that Italian navy seals would have a space to land. The yacht’s itinerary was altered a bit by the movie’s director Martin Scorsese to add to the drama, though the power of the storm was scarily accurate.

Belfort admitted that the yacht’s captain Mark Elliot explicitly warned them not to sail to Sardinia on that fateful night. But according to the movie, there was a business opportunity in the city that Belfort could not bear to miss out on despite his wife’s protests.

Some sources claim that in reality, the passengers were simply eager to hit the golf course at Sardinia the next morning. They refused to pay heed to the captain’s warning and asked him to go through the storm, which eventually led to the famous Jordan Belfort yacht sinking incident. Therefore, unfortunately, if someone wants to have a yacht rental in Dubai or any other destination, they have missed their chance with this yacht.

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Interesting insights on the sinking as portrayed in the movie

The movie captures the fear and stress that each passenger felt when the yacht got caught up in the 70-knot storm. There is some hilarity when Belfort starts yelling for his drugs to avoid the horror of dying sober.

Several rescue attempts were made, but due to rising risks, each of them was called off. By some twist of luck, the yacht’s engine room remained mostly undamaged for a while, because of which they were able to make their way through the sea.

In the end, everyone survived the incident without any major injuries. At dawn, the Nadine made its way 1000m under the water only 20 miles away from Sardinia’s coast. Now, the movie’s audience gets to watch the Jordan Belfort yacht story unfold on the screen with a pinch of humor.

The Nadine’s captain Mark Elliot’s heroic actions did not go unnoticed. He was praised for leading all the passengers to safety, though he was able to get out of the yacht only 10 minutes before it sank. The captain also admitted that the insurance was granted immediately considering the ferocity of the storm. As for the yacht, many still wonder about the highly expensive equipment that had to be thrown into the water and is probably rusting away at the bottom of the sea.

The best features of the Jordan Belfort yacht Nadine

jordan belfort yacht nadine sail

The 167 ft Nadine, as its former passengers claim, was a beautiful yacht. When owned by Coco Chanel under the name Matilda, the yacht had five staterooms, large dining areas, and a helipad. The interiors were furnished with dark teak paneling. Each new owner customized the yacht’s name and interiors based on their tastes.

Belfort decorated the Nadine lavishly with a variety of mirrors and set a vintage deco theme. He renovated the upper deck to fit a crane that was able to stow his Turbine Seawind seaplane. The yacht carried the best dive gear available in the market plus a variety of Belfort’s ‘toys’ such as his motorbikes and jetskis.

Which model was portrayed as the Jordan Belfort yacht Nadine in the movie?

lady m yacht model

Martin Scorsese got the yacht Lady M to represent Nadine onscreen. While Nadine actually had a luxuriously vintage charm to it, Lady M is a modern vessel with contemporary features. Lady M was manufactured in 2022 by Intermarine Savannah, while Nadine was built in 1961 by Witsen & Wis. The 147 ft Lady M is currently worth $12 million and is similar to Benetti yachts in its glamorous design.

Jordan Belfort’s life today

The entrepreneur and speaker Jordan Belfort’s shenanigans are well-known thanks to his detailed memoir and the hit movie based on some parts of his life. He spent 2 years in prison and now, at 59 years of age, has a practically negative net worth. Yet, his extraordinary motivational speaking skills continue to attract and inspire people even today.

It is easy for anyone watching the movie to wonder if many of the incidents are exaggerated. But considering Belfort’s eccentric life, even the Nadine sinking incident remains another regular anecdote shared in the movie.

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Revisiting The Amazing Story Of Jordan Belfort: "The Wolf Of Wall Street"

Back in the 1990s, Jordan Belfort was at the top of his game. He ran a pump-and-dump firm out on Long Island called Stratton-Oakmont with his partner and friend Danny Porush, sucking money from strangers and living an exorbitant lifestyle that included drugs, cars, yachts, and so much more. He even helped take famed shoe maker Steve Madden's company public. Alas, it all came crashing down and Belfort lost his fortune, wife, and over two years of his life as he served time in jail for what he'd done. After jail, he wrote the riveting recount of his times at Stratton in a book called "The Wolf Of Wall Street." Now the sequel of how he ratted everyone out and paid his dues to society has been released in the form of "Catching The Wolf Of Wall Street." We read both books and decided to revisit the life Jordan Belfort one last time.

Take a walk on the wild side >

Who is jordan belfort.

nadine yacht price

Jordan Belfort was raised in Long Island, New York, the product of a Jewish household with a decent upbringing. Before starting a brokerage firm, Belfort used to sell water ice to beachgoers at a highly-inflated price. Soon after, he went to college at American University and then went to dental school for one day before deciding it wasn't a path to wealth. So instead he went into the business of selling meat with his friend Kenny Greene (affectionately known as "The Blockhead" throughout Belfort's two books) and after becoming a top salesman, went on to sell penny stocks at a place called Investors Center. After doing well there, he bought out a small firm called Stratton Securities and the rest is history.

nadine yacht price

In his first book, "The Wolf Of Wall Street," Belfort details his insane drug habit with excruciating detail. Everything from cocaine to ecstasy to marijuana to quaaludes played an integral part in his life to the point where it ultimately became his downfall. Quaaludes were Jordan's drug of choice and on several occasions he nearly lost his life making decisions under the influence. Like the time he got in a fight with his wife Nadine and grabbed his daughter Chandler, high tailed it to the garage where his Mercedes was parked, and backed out of the garage with no seat belts on. Belfort has been sober since the mid-2000s and seems very proud of his work in rehab. Clearly it's better than endangering the lives of his children.

Lavish spending

nadine yacht price

If you've got the money, might as well spend it, right? Luxury came natural to Belfort. From high rise apartments in Manhattan to a luxurious Long Island mansion, The Wolf had it all. A 256-foot superyacht he would eventually crash off the shores of Italy, a Ferrari Testarossa, and a house in the Hamptons are just a few of the toys he describes in great detail. Nevermind the expensive curtains, glassware, apparel, and about everything else under the sky. And don't forget the restaurants. No four star restaurant within New York City limits could contain The Wolf's abrasive spending habits. Today, Belfort can only dream of the dinners and parties he threw for his employees.

The beautiful wife

nadine yacht price

Nadine Belfort, Jordan's second wife whom he married after leaving first wife Denise, was a catch all right. A model with a gorgeous body and luscious blonde hair any man would die for, she was all his. She stood by Jordan through the parties, hookers, and abuse but left after Belfort kicked her down a flight of stairs at his home in a drug-induced state of mind. She ultimately remarried a lawyer and moved out to California with their two kids.

The good work

nadine yacht price

Believe it or not, there is some good to this story. Belfort wasn't always pumping, dumping, and deceiving investors. He helped take public one of today's most iconic fashion companies, Steve Madden. Additionally, he made sure his friends were well taken care of and set them up with their own brokerage firms when the time was right. Sure, it doesn't make up for all the bad, but saying Belfort is the devil incarnate is a bit of a stretch.

The corporate "cult"ure

nadine yacht price

People who worked for Stratton were rabid hounds who would do anything to make a buck. Belfort insists that he wouldn't hire anyone who was already a broker or was well-educated because they'd know too much. Instead, he hired people with high school diplomas and teenagers who wanted a shot at making big money because they would ultimately pledge their loyalty to them. Something like that of a cult. They were known as "Strattonites."

These Strattonites would party like the best of them. Midget tossing parties at the office were commonplace as were hookers, drugs, and parties that left restaurants reduced to rubble. It apparently made employees at firms like Lehman Brothers and Bear Stearns look like devout Mormons.

Total self-destruction

nadine yacht price

In the months before getting caught by the FBI, Belfort was a complete mess. One of the most insane stories in the original book was how he procured several "pure" quaaludes from Switzerland. He took one and it didn't kick in right away, so he downed several more. He got in his car and drove to a payphone to speak with one of his many cohorts when he felt the drugs kick in. Next thing he knew, he was parked in front of his house. Upon walking in, his wife confronted him and asked why his car was wrecked. Belfort soon realized he had crashed his Mercedes several times into several cars on the way home from the payphone, pulling a Tiger Woods of sorts before coming to a complete stop right by his home. He was arrested and went to rehab soon after.

Getting caught

nadine yacht price

Belfort often laundered money to Switzerland through several intermediaries at the time. Once one was caught, it was the beginning of the end for him. FBI agents soon arrived at his door and carted him off to jail. After getting out of jail and while awaiting his trial and sentencing, Belfort played the role of a rat, taking down several friends and former co-workers on tape to help reduce the time of his sentencing. Agent Coleman of the FBI and Assistant US Attorney Joel Cohen really had it out for him.

Becoming a rat

nadine yacht price

And what a rat he was. Belfort incriminated his accountant known as "Chef" who would cook the books and launder money at any opportunity possible as long as the crime was white-collar. Everyone was singled out on a list of nearly 100 names as Belfort recounted his past mistakes in minute detail to the FBI and US Attorney's office.

Don't do the crime if you can't do the time

nadine yacht price

Though he was able to stretch his cooperation period with the FBI over a few years, Belfort ultimately was sentenced to four years - the same as his business partner and friend Danny Porush. However, after good time, drug counseling, and living in a halfway house, time served was more like two-and-a-half years. He was also ordered to pay a fine of $110 million and his gross income would be docked 50% until the fine was paid in full. Ouch. And like many criminals of Wall Street, Belfort did not have to deal with the general prison population. After spending a week in solitary confinement, he was put into a low security work camp with tennis courts, a library, and plenty of physical activities for him to enjoy. It was during this time he bunked with infamous pothead and actor Tommy Chong, who encouraged him to write a book on his life. Needless to say, Belfort took Chong's advice and began to learn how to correctly write a book and finding his influences through novels by Tom Wolfe and Hunter S. Thompson.

nadine yacht price

Today, Jordan Belfort is a changed man. Or at least that's what he says. He now resides in Los Angeles, California so he can be closer to his two children. After getting out of prison, Belfort began penning "The Wolf Of Wall Street," which is now on its way to becoming a movie directed by Martin Scorsese. Ironic, considering that the movie "The Boiler Room" is loosely based upon Belfort's life. While he's not nearly as rich as he once was and struggles to pay off his fine, Belfort is a living example of the excess that once was and still is in the clandestine world of finance.

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Meet The Real Wolf Of Wall Street Superyacht Built For Coco Chanel

The yachting disaster is one of the most dramatic scenes in Martin Scorsese's blockbuster The Wolf of Wall Street , and like many of the tales in the Leonardo DiCaprio flick, it's based on a true story. In real life, predatory tycoon Jordan Belfort bought a yacht in 1993 called Big Eagle and renamed her Nadine , after his English-born second wife. The vessel had been built in 1961 by Witsen & Vis in Holland for fashion icon Coco Chanel, but had undergone many transformations by the time Belfort got his mitts on it. Originally 121 feet long, in the 1970s she was extended by nearly 15 feet, and in 1988 she was cut in half and had another 29-foot section grafted on, finally totaling 167 feet.

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The Lady M Yacht

The luxury yacht used in Scorsese's film actually bears little resemblance to the  Nadine , being a far more modern vessel. The director hired the 148-foot  Lady M , built by Intermarine Savannah in 2002 and refit in 2011, for filming. It features luxury accommodations for 10 guests, and a marble and granite interior with gold accents.

In Coco Chanel's day the yacht was mainly used to cruise from Monaco to Deauville for the summer horse racing season. The real  Nadine  sank in 1997 during a storm off the east coast of Sardinia while crossing from Porto Cervo to Capri, much as the movie depicts. Belfort has said that his insistence on sailing in a storm caused the yacht to capsize. Luckily, everyone on board at the time was rescued by the Italian coast guard. 

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NADINE yacht NOT for charter*

50.5m  /  165'8 | witsen & vis | 1963.

  • Amenities & Toys

Special Features:

  • Sleeps 10 overnight
  • Able to access shallow bays and coves

The 50.5m/165'8" motor yacht 'Nadine' (ex. Mathilde) was built by Witsen & Vis .

Guest Accommodation

Nadine has been designed to comfortably accommodate up to 10 guests in 5 suites.

Range & Performance

Nadine is built with a steel hull and steel superstructure, with teak decks. Her low draft of 2m/6'7" makes her primed for accessing shallow areas and cruising close to the shorelines.

Length 50.5m / 165'8
Beam 6.8m / 22'4
Draft 2m / 6'7
Cruising Speed -
Built
Builder Witsen & Vis
Model Custom

*Charter Nadine Motor Yacht

Motor yacht Nadine is currently not believed to be available for private Charter. To view similar yachts for charter , or contact your Yacht Charter Broker for information about renting a luxury charter yacht.

Nadine Yacht Owner, Captain or marketing company

'Yacht Charter Fleet' is a free information service, if your yacht is available for charter please contact us with details and photos and we will update our records.

Nadine Photos

Nadine Yacht

NOTE to U.S. Customs & Border Protection

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Review of Nadine 24

Basic specs..

The hull is made of hand laid fibreglass. Generally, a hull made of hand laid fibreglass requires only a minimum of maintenance during the sailing season. And outside the sailing season, just bottom cleaning and perhaps anti-fouling painting once a year - a few hours of work, that's all.

The boat is equipped with 4 berths and 50.0 liter fresh water capacity.

The boat equipped with a masthead rig. The advantage of a masthead rig is its simplicity and the fact that a given sail area - compared with a fractional rig - can be carried lower and thus with less heeling moment.

The Nadine 24 is equipped with a fin keel. A boat with a fin keel is more manoeuvrable but has less directional stability than a similar boat with a full keel.

The boat can enter even shallow marinas as the draft is just about 1.20 - 1.30 meter (3.94 - 4.24 ft) dependent on the load. See immersion rate below.

Nadine 24 is typically equipped with an inboard Farymann diesel engine at 6 hp (4 kW). Calculated max speed is about 4.1 knots

The transmission is a shaft drive. A shaft drive will in the long run require less maintenance than other types of drive e.g. a sail drive.

The fuel tank has a capacity of 30.0 liters (7 US gallons, 6 imperial gallons).

Sailing characteristics

This section covers widely used rules of thumb to describe the sailing characteristics. Please note that even though the calculations are correct, the interpretation of the results might not be valid for extreme boats.

What is Capsize Screening Formula (CSF)?

The capsize screening value for Nadine 24 is 2.22, indicating that this boat would not be accepted to participate in ocean races.

What is Theoretical Maximum Hull Speed?

The theoretical maximal speed of a displacement boat of this length is 6.0 knots. The term "Theoretical Maximum Hull Speed" is widely used even though a boat can sail faster. The term shall be interpreted as above the theoretical speed a great additional power is necessary for a small gain in speed.

The immersion rate is defined as the weight required to sink the boat a certain level. The immersion rate for Nadine 24 is about 109 kg/cm, alternatively 613 lbs/inch. Meaning: if you load 109 kg cargo on the boat then it will sink 1 cm. Alternatively, if you load 613 lbs cargo on the boat it will sink 1 inch.

Sailing statistics

This section is statistical comparison with similar boats of the same category. The basis of the following statistical computations is our unique database with more than 26,000 different boat types and 350,000 data points.

What is Motion Comfort Ratio (MCR)?

What is L/B (Length Beam Ratio)?

What is a Ballast Ratio?

What is Displacement Length Ratio?

Maintenance

When buying anti-fouling bottom paint, it's nice to know how much to buy. The surface of the wet bottom is about 18m 2 (193 ft 2 ). Based on this, your favourite maritime shop can tell you the quantity you need.

If you need to renew parts of your running rig and is not quite sure of the dimensions, you may find the estimates computed below useful.

UsageLengthDiameter
Jib sheet 7.6 m(24.8 feet)10 mm(3/8 inch)
Genoa sheet7.6 m(24.8 feet)10 mm(3/8 inch)
Mainsheet 18.9 m(62.0 feet)10 mm(3/8 inch)
Spinnaker sheet16.6 m(54.6 feet)10 mm(3/8 inch)

This section is reserved boat owner's modifications, improvements, etc. Here you might find (or contribute with) inspiration for your boat.

Do you have changes/improvements you would like to share? Upload a photo and describe what you have done.

We are always looking for new photos. If you can contribute with photos for Nadine 24 it would be a great help.

If you have any comments to the review, improvement suggestions, or the like, feel free to contact us . Criticism helps us to improve.

The Classic Yacht Nadine

Dorset, south west england.

Embark on a unique luxury experience aboard our Classic Yacht Nadine. Whether you’re a couple seeking romance or a family looking for adventure, relish in the delightful stroll down the marina pontoon and step into your charming Waterside Residence.

Our Ships’ Manager will warmly welcome you in the private car park and guide you to the Yacht, providing a brief tour on how to enjoy the Hot Tub and use the kitchen. Afterward, you’ll have uninterrupted time for your holiday booking.

The Ship’s Captain resides in the same Marina, ensuring they’re always available to cater to your every need. Enjoy high-speed broadband and WiFi, along with a Smart TV offering a range of entertainment options, from romantic movies to family-friendly shows, music channels, and live sports.

At a glance

  • Bathrooms 2
  • Price on enquiry
  • Dog Friendly , Hot Tub , Outside Space , Sea Views

The Classic Yacht Nadine 1

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nadine yacht price

kc135delta Member

I saw this m/y on another thread here and it peaked my curiosity. Very narrow beam, apparently extended a couple times and then it sank off the coast of france. Does anyone know where she was built? Specs? Engines? Any sister ships? And why did she sink?

Norseman

Norseman Senior Member

And why did she sink? Click to expand...

:cool:

captholli Senior Member

Built in Holland in one of the founding federation of ship builders that finally became the modern day two Feadship yards of Van Lent and DeVries. Believe she was launched as CoCo Chanel (not sure) than named Jan Pamela and "Jumbolized" or a mid section of 30' fabricated @ Merrill Stevens and installed in 1982. Sank while making passage from Naples to Sardinia as the loss has been well documented.

NYCAP123

NYCAP123 Senior Member

Back at the time of her sinking I'd heard that a forward hatch blew open in rough seas and it was a done deal from there. They tried to jettison the toys to regain stability, but it was too little, too late.

K1W1

K1W1 Senior Member

Hi, The Skipper of it when it sank is a well known and active character within the industry to this very day. I found this on another site. Nadine's sinking was indeed caused by the violent waves. A foredeck hatch was smashed, allowing water to flood the crew quarters and bringing the yacht down by the bow. This allowed more waves to break over the fordeck and they caused one of the large tenders carried there to shift, breaking one of the dining salon windows that overlooked the foredeck, which causing flooding on the maindeck. As if that wasn't bad enough, the violent motion of the yacht caused the swim platform to rip off the hull, allowing the lazarette to flood.
Ahh, now its coming back to me, The first lengthening was the 12' cockpit addition @ Merrill Stevens in 1980 the original machinery in place when launched was Detroit Diesel 12-71 naturals for mains and 6-71 gens. Mains replaced in 1991 with Cat 3412 and Gens replaced with N.L. -This work was also done by Merrill Stevens in Miami.
captholli said: Mains replaced in 1991 with Cat 3412 and Gens replaced with N.L. -This work was also done by Merrill Stevens in Miami. Click to expand...

C4ENG

C4ENG Senior Member

But then not to long after the Nadine sinking, Mr. Little hired that Capt to run Starship. Proved to be a good idea because that captain did an excellent job marketing the vessel for charter. I then felt fortunate enough to be there when Mr. Little did has last boat ride before departing for the big boat in the sky. We went to Freeport Bahamas Port Luycaya. The unique thing was, on that trip I never seen him happier.
Hi, Uncle Bernie as we used to call him was an outstanding Owner and one heck of a gentleman to work for or be associated with.
I was the Engineer from '80 to '84 when Mel Powers out of Dallas owned her as Jan Pamela and Norm Dahl was Capt. So I have first hand knowledge of what, when and where the cockpit and and mid section were added right down to a young Kiwi, Paul Solenicks contracted to provide the electrical work through his newly formed Co. Tess Marine. After Mel filed chapter 13 the boat went up for auction and the Whole crew went on to Empress Subaru.

nas130

nas130 Member

The autobiography "The Wolf of Wall Street" and "Catching the Wolf of Wall Street" both have some information about the sinking of the Nadine. The movie "Boiler Room" was allegedly the story of Nadines owner’s business on Long Island. I think the book about megayacht disasters also has some interviews with the captain and crew that were taken after sinking.
Hi, Captholli- Would your first name be Mark by any chance?
No, But enjoying the anonymity as you do "Kiwi" Cheers!
Hi, I asked because in 1984 I met a guy who was Chief on Empress Subaru and I thought his name was Mark Hollingsworth. He also got speared in the foot with a dart at a party I was at. By the way Paul Salenieks expanded his co - Tess Electrical Marine and sold it out to a multi national.

Neil Rooney

Neil Rooney Senior Member

Seawind with Allison C-18 I have been a passenger in that Seawind a few times. She was powered by an Allison C-18 Turbine with a cut down 3 blade prop. Quite a fast plane. The plane was in the USA when Nadine went down. Do read the account in "The Wolf OF Wall Street".

Benprez

Benprez New Member

this boat was once owned by Jordan Belfort the wolf of wall street it sunk watch the youtube story jordan belfort yacht story
Hi, It had a few more interesting Owners as well. The late great Bernie Little and the infamous Mel Powers to name just two.

CaptTom

CaptTom Senior Member

Benprez said: ↑ this boat was once owned by Jordan Belfort the wolf of wall street it sunk watch the youtube story jordan belfort yacht story Click to expand...

stgeorge123

stgeorge123 New Member

MY Nadine With the new movie 'The Wolf of Wall Strret' about to come out, I relooked at this thread and discovered it has never been clearly answered. The 'Nadine' was originally built at Niklaas Vitsen und vis in Aalkmar Holland circa 1962 for a wealthy French industrialist - she was floated as 'Mathilda' and retained this name until May 1977 when she was renamed Coco Chanel and crossed over to the US. She was originally fitted with GM Diesels and Mercedes gensets.The next time she was over in the Med, if my memory serves me right was in 1988 at the Cannes Film Festival, on charter having come across on Dock Express. Jordan Belfort was onboard with guests and full crew when she sadly sank off Corsica (all rescued fortunately) - theories and way she sank are numerous and probably mostly inaccurate, but I believe her length, by now 53 metres instead of the 40 metres she was originally built at, contributed. However, having sailed on this vessel as Ch.Off from 1970 - 1977, she should never have set sail in the weather conditions that day, which eventually were worse than forecast - whatever the Owner said!!
Hi, Mel Powers owned it when it was stretched by Merril Stevens in Miami. It lurked around the area for a few years and the late Bernie Little expressed an interest in it when it was called Jan or Jam Pamela and was laying at Merril Stevens in 1988. I was working for BLL on something else and was asked to go take a look. I next saw it when I was in Astilleros in Palma in the summer of 1989. Follwing this it was acquired by BLL and I worked on the refit when it was repowered with CAT 3412's and CAT Gensets in late 1992. The rest as they say is history - there are varying accounts of many historical events so this fits well.
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Falcon Shuttle

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Greenberg and Joy say their goal was to disrupt the tender segment with an out-of-the-box concept that could cater to the most demanding clients in the yachting industry. The resulting design, which is kind of like a cross between a support vessel, a floating garage, and a tender, offers seafarers an exciting new way to store and transport luxury vehicles. The studio says each unit will be fully bespoke, ensuring owners can create the perfect home for their fine automobiles.

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IMAGES

  1. NADINE Yacht Photos

    nadine yacht price

  2. Nadine: The Incredible True Story Behind Wolf Of Wall Street's Yacht

    nadine yacht price

  3. Nadine: The Incredible True Story Behind Wolf Of Wall Street's Yacht

    nadine yacht price

  4. Gallery

    nadine yacht price

  5. Classic Yacht Nadine in Poole Harbour, Dorset, with a Hot Tub Jacuzzi

    nadine yacht price

  6. NADINE Yacht Photos

    nadine yacht price

COMMENTS

  1. The story of the Wolf of Wall Street Jordan Belfort's 37m yacht Nadine

    How Jordan Belfort's 37m superyacht Nadine sank off the coast of Sardinia. Coco Chanel was famously outspoken on many things, but yachting, in particular, attracted her ire. "As soon as you set foot on a yacht you belong to some man, not to yourself, and you die of boredom," she was once quoted as saying. Her solution was to buy her own yacht.

  2. The Ridiculous True Story Behind Wolf Of Wall Street's Yacht

    This historic yacht's reincarnation as Nadine was to be short-lived. After 35 years of leisure, cruising the finer coastlines, and hosting the who's who of the time, mother nature would have the final say. Back in the Med, a few nail-biting hours later, roaring gusts snap the $100L tender off its towlines. Captain Mark Elliot makes the call ...

  3. Jordan Belfort's ex-wife tells the real story behind the yacht on The

    Jordan Belfort's ex wife, Nadine Macaluso, has set the record straight about the scene in The Wolf Of Wall Street where Belfort splashes out and buys his wife a yacht on their wedding day.

  4. Wolf Of Wall Street True Story Yacht

    1. The True Identity: In the film, the yacht is referred to as the "Nadine," but in reality, it was called the "Lady M.". This 147-foot yacht was built by the Italian shipyard Baglietto in 1986 and was owned by the real-life Jordan Belfort. 2. The Price Tag: The Lady M had an estimated price tag of $12 million when it was constructed.

  5. The Megayacht in The Wolf of Wall Street Movie

    August 13, 2013By: Diane M. Byrne. To be fair, The Wolf of Wall Street, hitting theaters in November, stars Leonardo DiCaprio, Matthew McConaughey, and Jonah Hill. But to those of us in yachting, the megayacht in The Wolf of Wall Street movie is the real star. She's Lady M, and she plays the role of a well-known yacht from the 1990s, Nadine.

  6. The True Jordan Belfort Yacht Story: Fact vs. Fiction

    The best features of the Jordan Belfort yacht Nadine. The 167 ft Nadine, as its former passengers claim, was beautiful. When owned by Coco Chanel under the name Matilda, the yacht had five staterooms, large dining areas, and a helipad. The interiors were furnished with dark teak paneling. Each new owner customized the yacht's name and ...

  7. Meet the Real Wolf of Wall Street Superyacht Built for Coco Chanel

    The luxury yacht used in Scorsese's film actually bears little resemblance to the Nadine, being a far more modern vessel.The director hired the 148-foot Lady M, built by Intermarine Savannah in ...

  8. Mayday In The Med

    The real story of the sinking of the Wolf of Wall Street's yacht. In 2000, Doug Hoogs interviewed Capt. Mark Elliott about the sinking of the motoryacht Nadine.Elliott was in command of Nadine on the fateful day in 1996 when she encountered a powerful mistral in the Mediterranean between the Italian mainland and Sardinia. All guests and crew survived, but the real story of the sinking, which ...

  9. Everything The Wolf Of Wall Street Doesn't Tell You About The ...

    Like Naomi, Nadine was a model and met Belfort at a party before they married in 1991. Nadine and Belfort had two children together and separated in 1998 as depicted in the film (per the U.S. Sun).

  10. Jordan Belfort Yacht

    The 167 ft Nadine, as its former passengers claim, was a beautiful yacht. When owned by Coco Chanel under the name Matilda, the yacht had five staterooms, large dining areas, and a helipad. The interiors were furnished with dark teak paneling. Each new owner customized the yacht's name and interiors based on their tastes.

  11. The Real Story Behind the Yacht in The Wolf of Wall Street

    The Sinking of the Nadine Yacht. Nadine Caridi recently spoke about the sinking of the yacht in June 1996, an event that inspired a scene in the movie. The yacht's sinking during a storm off the coast of Italy was a terrifying experience for everyone on board. The waves were violent and relentless, hitting the yacht repeatedly.

  12. Revisiting the Amazing Story of Jordan Belfort: "the Wolf of Wall

    Back in the 1990s, Jordan Belfort was at the top of his game. He ran a pump-and-dump firm out on Long Island called Stratton-Oakmont with his partner and friend Danny Porush, sucking money from ...

  13. Meet the Real Wolf of Wall Street Superyacht Built for Coco Chanel

    The luxury yacht used in Scorsese's film actually bears little resemblance to the Nadine, being a far more modern vessel.The director hired the 148-foot Lady M, built by Intermarine Savannah in 2002 and refit in 2011, for filming.It features luxury accommodations for 10 guests, and a marble and granite interior with gold accents. In Coco Chanel's day the yacht was mainly used to cruise from ...

  14. NADINE Yacht

    The 50.5m/165'8" motor yacht 'Nadine' (ex. Mathilde) was built by Witsen & Vis. Guest Accommodation. Nadine has been designed to comfortably accommodate up to 10 guests in 5 suites. Range & Performance. Nadine is built with a steel hull and steel superstructure, with teak decks. Her low draft of 2m/6'7" makes her primed for accessing shallow ...

  15. Exploring Classic Explorer Yachts: Lady M Yacht and Nadine Yacht

    #ClassicExplorerYachts #LuxuryYachtTour #MaritimeMarvelsClassic Explorer Yachts | Lady M Yacht and Nadine Yacht -The Wolf of Wall Street. Like the video? Wa...

  16. NADINE Yacht Charter Brochure

    The 50.5m/165'8" motor yacht 'Nadine' (ex. Mathilde) was built by Witsen & Vis. Guest Accommodation. Nadine has been designed to comfortably accommodate up to 10 guests in 5 suites. Range & Performance. Nadine is built with a steel hull and steel superstructure, with teak decks. Her low draft of 2m/6'7" makes her primed for accessing shallow ...

  17. Nadine Abrahams on owning 40m Maiora superyacht Always Believe

    SYT speaks to superyacht owner Nadine Abrahams about how she fell in love with her Maiora yacht Always Believe. Owner Experience Nadine Abrahams on owning 40m Maiora superyacht Always Believe. Written by Georgia Tindale. Thu, 26 Nov 2020 | 14:00.

  18. Review of Nadine 24

    Fin keel. The Nadine 24 is equipped with a fin keel. The fin keel is the most common keel and provides splendid manoeuvrability. The downside is that it has less directional stability than a long keel. The boat can enter even shallow marinas as the draft is just about 1.20 - 1.30 meter (3.94 - 4.24 ft) dependent on the load.

  19. The Classic Yacht Nadine

    Embark on a unique luxury exerience aboard our Classic Yacht Nadine. Whether you're a couple seeking romance or a family looking for adventure, relish in the delightful stroll down the marina pontoon and step into your charming Waterside Residence. ... Price from. Arrival. Departure. Service. Destinations; Collections; Featured; Offers; Owner ...

  20. Nadine 24 for sale

    Buy Nadine 24. Nadine 24 for sale on DailyBoats.com are listed for a range of prices, valued from $5,843 on the more basic models to $5,843 for the most expensive. The boats can differ in size from 7.5 m to 7.5 m. The oldest one built in 1980 year. This page features Nadine boats located in countries: Kingdom of the Netherlands.

  21. Any info on the yacht 'Nadine'

    The Skipper of it when it sank is a well known and active character within the industry to this very day. I found this on another site. Nadine's sinking was indeed caused by the violent waves. A foredeck hatch was smashed, allowing water to flood the crew quarters and bringing the yacht down by the bow.

  22. 1980 Nadine 24 for sale. View price, photos and Buy 1980 Nadine 24 #151571

    This vessel was designed and built by the Nadine shipyard in 1980. Key features 1980 Nadine 24: length 7.5 meters, beam 2.68 meters, boat displacement 1,800 kilograms and max boat draft 1.2 meters. 1 x Ferryman engine: engine hours - 600 hours and fuel type - diesel. With a fuel tank capacity of 40 liters, the 1980 Nadine 24 can cover a distance .

  23. Vanquish Yachts 43 Vq Mk2 boats for sale

    Find Vanquish Yachts 43 Vq Mk2 boats for sale in your area & across the world on YachtWorld. Offering the best selection of Vanquish Yachts to choose from. ... * Price displayed is based on today's currency conversion rate of the listed sales price. Boats Group does not guarantee the accuracy of conversion rates and rates may differ than those ...

  24. Meet the Falcon Shuttle, a New Catamaran That Carries Your Exotic Cars

    Subscribe now and get up to 61% off the cover price. Includes access to the digital magazine. ... The vessel will be fully unveiled at the upcoming Monaco Yacht Show. Published on September 16 ...