Tom Sosnoff Net Worth: The Success Story of a Trading Legend

Tom Sosnoff Net Worth: The Success Story of a Trading LegendSource: bing.com

Tom Sosnoff is a well-known name in the trading world. He is the founder and co-CEO of Tastytrade, a popular online financial network that focuses on trading education and analysis. Tom is also the creator of the thinkorswim trading platform, which he sold to TD Ameritrade for a reported $600 million. With such an impressive resume, it’s no wonder people are curious about his net worth. In this article, we’ll take a closer look at Tom Sosnoff’s net worth and explore the factors that have contributed to his success.

Early Life and Career

Tom Sosnoff'S Early LifeSource: bing.com

Tom Sosnoff was born and raised in New York City. He attended Stuyvesant High School, a specialized school for gifted students, and later went on to study at the University of Illinois at Urbana-Champaign. After graduating with a degree in finance, Tom began his career as a trader in the Chicago Board of Trade. He quickly established himself as a skilled trader and eventually became a market maker on the floor of the exchange.

Creating thinkorswim

Thinkorswim PlatformSource: bing.com

In 1999, Tom Sosnoff teamed up with Scott Sheridan to create thinkorswim, an innovative trading platform that offered advanced tools and analytics for options traders. The platform was a huge success and quickly gained a loyal following among traders. In 2009, TD Ameritrade acquired thinkorswim for a reported $600 million, making Tom Sosnoff a very wealthy man.

Tastytrade and Other Ventures

TastytradeSource: bing.com

After selling thinkorswim, Tom Sosnoff turned his attention to a new venture: Tastytrade. Launched in 2011, Tastytrade is an online financial network that provides educational content and analysis for traders. The network has been a huge success and has helped Tom further establish himself as a leader in the trading industry. In addition to Tastytrade, Tom has also launched a number of other ventures, including Dough, a trading platform for beginners.

Tom Sosnoff’s Net Worth

Tom Sosnoff'S Net WorthSource: bing.com

So, what is Tom Sosnoff’s net worth? While exact figures are hard to come by, it’s estimated that Tom is worth around $100 million. This figure takes into account his earnings from the sale of thinkorswim, as well as his current ventures with Tastytrade and other companies. However, it’s important to note that net worth estimates can vary widely depending on the source, and it’s possible that Tom’s actual net worth could be higher or lower than this estimate.

The Key to Tom Sosnoff’s Success

Tom Sosnoff'S SuccessSource: bing.com

So, what is the key to Tom Sosnoff’s success? There are a number of factors that have contributed to his achievements, including his skill as a trader, his innovative thinking, and his ability to create successful businesses. However, perhaps the most important factor is his passion for trading and his dedication to educating others about the industry. Through his various ventures, Tom has shown a commitment to helping others succeed in the world of trading, and this has helped him build a loyal following of fans and supporters.


Tom Sosnoff is a true trading legend, with a net worth and business portfolio that speak to his success. Through his innovative platforms and educational ventures, Tom has helped countless traders achieve their financial goals. While exact figures may be hard to come by, it’s clear that Tom’s net worth is a reflection of his hard work, dedication, and passion for the trading industry.

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