Age, Biography and Wiki
Timothy Sykes was born on 15 April, 1981 in Orange, Connecticut, U.S., is an American stock trader. Discover Timothy Sykes's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 42 years old?
Popular As |
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Occupation |
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Age |
42 years old |
Zodiac Sign |
Aries |
Born |
15 April 1981 |
Birthday |
15 April |
Birthplace |
Orange, Connecticut, U.S. |
Nationality |
United States
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We recommend you to check the complete list of Famous People born on 15 April.
He is a member of famous with the age 42 years old group.
Timothy Sykes Height, Weight & Measurements
At 42 years old, Timothy Sykes height not available right now. We will update Timothy Sykes's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Not Available |
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Not Available |
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Not Available |
Who Is Timothy Sykes's Wife?
His wife is Bianca Alexa (m. 2015)
Family |
Parents |
Not Available |
Wife |
Bianca Alexa (m. 2015) |
Sibling |
Not Available |
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Not Available |
Timothy Sykes Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Timothy Sykes worth at the age of 42 years old? Timothy Sykes’s income source is mostly from being a successful . He is from United States. We have estimated Timothy Sykes's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
Cars |
Not Available |
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Timothy Sykes Social Network
Timeline
Timothy Sykes is a penny stock trader who earned $1.65 million from a $12,415 Bar mitzvah gift through day trading while in college.
Sykes graduated from Tulane University in 2003 with a bachelor's degree in philosophy and a minor in business.
While at Tulane, Sykes routinely cut class to day trade.
In 2003 he founded Cilantro Fund Management, a small short bias hedge fund, using $1 million mostly from his friends and family.
After initially seeing profits the fund shut down 3 years later after heavy losses.
In 2006, Sykes was included on Trader Monthly's "30 Under 30" list of up-and-coming traders in the market, a selection which editor Randall Lane later called "our worst pick" among the chosen honorees.
Sykes claimed that the Cilantro Fund was "the number one long-short microstock hedge fund in the country, according to Barclays"; Lane later discovered that the rating came from "the Barclay Group," a small research company based in Fairfield, Iowa, and not the well-known Barclays British bank.
Sykes self-published An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund in 2007.
The book documented Sykes' experiences as a day-trader and the difficulties he encountered in attempting to start a hedge fund.
After the shut down of Cilantro Fund Partners in 2007, Sykes wrote the book "An American Hedge Fund" and launched TimothySykes.com.>
In 2008 Sykes attempted to recreate his initial investing success by again starting with $12,415.
In 2009, Sykes launched Investimonials.com, a website devoted to collecting user reviews of financial services, videos, and books, as well as financial brokers.
Sykes co-founded Profit.ly in 2011, a social service with about 20,000 users that provides stock trade information online.
Sykes said the service serves two purposes: "creating public track records for gurus, newsletter writers and students everyone to learn from both the wins and losses of other traders to benefit the entire industry."
One of Sykes’ students, Tim Grittani, was able to turn $1,500 into $1 million in three years by trading stocks.
Another student, Jack Kellogg, made more than $10 million by stock trading under Sykes’ tutelage.
Sykes founded the Timothy Sykes Foundation, which has raised $600,000 and has partnered with Make-a-Wish Foundation and the Boys and Girls Club.
In 2012, Sykes created "Miss Penny Stock," a financial beauty pageant among the female representatives for his brand and company.
Sykes has appeared on Below Deck twice, on season 2 episode 10 and season 5 episode 13.
In February 2017, Sykes donated $1 million to Pencils of Promise to help build 20 new primary schools across Ghana, Guatemala and Laos, to be completed between 2017 and 2018.
In May 2017, Sykes and Bow Wow had an Instagram feud in which at least one user accused Sykes of using "coded racist language".
The Timothy Sykes Foundation was eventually renamed the Karmagawa Foundation and by 2019, Karmagawa had built 57 schools and donated more than $4 million to 45 charities for environmental causes.
In 2020, Sykes and Karmagawa made a joint pledge to donate $1 million for relief efforts in Yemen during the Yemeni civil war and the cholera and COVID-19 epidemics.
Karmagawa built its 100th school in Myanmar in 2022.
Sykes has publicly criticized various businesses and celebrities, including Shaquille O'Neal and Justin Bieber, for promoting "pump and dump" schemes, in which an investor purchases stock, hypes others into buying that stock to inflate its price, then sells the shares at a higher price and subsequently shorts the stock to profit from the resulting decline.