Tom Sosnoff Net Worth and Bio
Tom Sosnoff’s Net Worth
Tom Sosnoff’s net worth is about $150 million, which he built as an entrepreneur and options trader by revolutionizing the stock and options trading world. Of course, this is an estimate based on various online sources and may not be 100% accurate.
Who is Tom Sosnoff
Tom Sosnoff was born in New York, USA, on March 6, 1957.
He studied political science and received his bachelor's from the University at Albany SUNY in 1979.
Tom Sosnoff’s Career
Tom Sosnoff’s career began as he worked as a market maker at the Chicago Board Options Exchange (CBOE) for over 20 years.
He became one of Chicago’s most well-known innovators in the fintech space after building the ThinkorSwim trading platform. He sold the platform to TD Ameritrade for $750 million.
TD Ameritrade continues using the platform, which is still one of the best trading platforms available.
After selling the ThinkorSwim platform, Tom Sosnoff founded Tastytrade (now Tastylive) in 2011.
Tastytrade Net Worth (Now Tastylive)
Tom Sosnoff’s brokerage, tastytrade, was acquired by IG for $300 million in cash and 61 million shares worth $700 million, for a total acquisition price of $1 billion.
Tastylive is one of the largest online financial networks that provides free education for retail traders, primarily on options trading. tastytrade is the brokerage that Tom Sosnoff founded that used to be called tastyworks.
Tastyrade
Tastytrade is a brokerage platform designed for options traders who learn from Tastylive (Tastytrade).
Tastytrade is like a newer version of the ThinkorSwim platform, and the brokerage was launched to the public in 2017.
ThinkorSwim
Tom Sosnoff co-founded ThinkorSwim with Scott Sheridan in 1999. The platform is now owned by TD Ameritrade and is still their primary trading platform.
Tom Sosnoff Wife
Tom Sosnoff’s wife is sort of a mystery as Tom prefers to keep his personal life private.
Tom Sosnoff Daughter and Children
Tom Sosnoff has two kids, a son, and a daughter.
His daughter is Case Sosnoff and is the Chief Compliance Officer at Tastytrade.
There are no details about his son.
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Tastytrade Disclosure
tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Marketing Agent (“HaiKhuu LLC.”) whereby tastytrade pays compensation to HaiKhuu LLC. to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of HaiKhuu LLC. by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of HaiKhuu LLC. or this website. tastytrade does not warrant the accuracy or content of the products or services offered by HaiKhuu LLC. or this website. HaiKhuu LLC. is independent and is not an affiliate of tastytrade.
tastytrade was previously known as tastyworks, Inc.
