Red Granite Pictures owns the rights to Jordan Belfort's best-selling memoir The Wolf of Wall Street, on which the film is based. Red Granite principals Riza Aziz and Joey McFarland are producing along with Leonardo DiCaprio (Appian Way), Martin Scorsese and Emma Tillinger Koskoff (Sikelia Productions) and Alexandra Milchan (EMJAG Productions). Irwin Winkler and Georgia Kacandes will executive produce.
Terence Winter (The Sopranos, Boardwalk Empire) adapted the screenplay, which chronicles Belfort's dramatic rise and fall on Wall Street, along with his hard-partying lifestyle and tumultuous personal life, which included drug and alcohol addiction.
"Everything about this film plays to Martin Scorsese's genius and visionary storytelling, said Riza Aziz. "At its heart, The Wolf of Wall Street is about the rise of new 'modern' gangsters in New York. Wall Street gangsters that redefined excess, greed and arrogance. We're excited to see Mr. Scorsese take the reins of this visceral, tumultuous ride."
"All of us at Appian Way are thrilled to collaborate, once again, with Martin Scorsese," said Jennifer Davisson Killoran, partner in Appian Way. "With Martin's unique vision and our partnership with Red Granite Pictures and EMJAG, we are excited to bring this story to film."
Production on The Wolf of Wall Street is slated to begin in August in New York.
Martin Scorsese is represented by WME and manager Rick Yorn. Yorn also represents Leonardo DiCaprio. David Boyle of Red Granite Pictures negotiated both Scorsese and DiCaprio's deal on behalf of the company while Channing Johnson of Loeb & Loeb oversaw the book and script rights acquisition for Red Granite.