Tom Sosnoff Net Worth (Updated 2025).
Tom Sosnoff, a name synonymous with innovative trading platforms, kicked off his career in the early 1990s on the floor of the Chicago Mercantile Exchange (CME). Born and raised in Chicago, Illinois, Sosnoff’s fascination with the markets began at an early age, leading him to pursue a degree in Finance from the University of Illinois at Urbana-Champaign. Upon graduation, he dove headfirst into the trading world, starting as a clerk and quickly moving up to become a full-fledged trader.
Sosnoff’s rise to prominence began in the late 1990s when he co-founded Thinkorswim, a groundbreaking online trading platform. Recognizing the potential of the internet to revolutionize trading, Sosnoff and his partners developed a platform that combined advanced trading tools with user-friendly features, making it accessible to both professional and retail traders. The platform’s innovative design and Sosnoff’s charismatic leadership attracted a significant following, catapulting him to fame in the trading community.
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Tom Sosnoff’s Current Net Worth (2025)
As of 2025, Tom Sosnoff’s estimated net worth is $250 million, according to the latest available information.
Career
Tom Sosnoff is a renowned entrepreneur and co-founder of the online brokerage firm, Thinkorswim, which was later acquired by TD Ameritrade. He currently serves as the Chairman and CEO of the options trading platform, Tastytrade.
Other Ventures
In addition to Tastytrade, Sosnoff is also a co-founder and Chairman of the board at Dough, a digital banking platform. He is known for his innovative approach to financial technology and education.
Assets
Sosnoff’s assets include a significant stake in Tastytrade and Dough, as well as real estate investments. He is also known to have a collection of vintage cars and art.
Annual Income
Sosnoff’s annual income is primarily derived from his roles at Tastytrade and Dough. While the exact figure is not publicly disclosed, it’s estimated to be in the tens of millions of dollars, given his high-level executive positions and company ownership.
Frequently Asked Questions about Tom Sosnoff
**1. What is Tom Sosnoff’s net worth?**
Tom Sosnoff’s net worth is estimated to be around $200 million.
**2. How did Tom Sosnoff make his fortune?**
Tom Sosnoff co-founded the online trading platform Thinkorswim, which was later acquired by TD Ameritrade. He also co-founded the online brokerage firm Tastytrade.
**3. What is Tom Sosnoff’s background?**
Tom Sosnoff graduated from the University of Illinois at Urbana-Champaign with a degree in Finance. He started his career as a trader on the Chicago Board Options Exchange.
**4. What is Tastytrade?**
Tastytrade is an online brokerage firm founded by Tom Sosnoff and Scott Sheridan. It offers commission-free trading and educational content.
**5. When was Thinkorswim acquired by TD Ameritrade?**
Thinkorswim was acquired by TD Ameritrade in 2009.
**6. What is Tom Sosnoff’s role at Tastytrade?**
Tom Sosnoff serves as the CEO of Tastytrade.
**7. Has Tom Sosnoff written any books?**
Yes, Tom Sosnoff has co-authored a book titled “How to Trade Like a Pro: The Definitive Guide to Trading Options for the Serious Retail Trader.”
**8. What is Tom Sosnoff’s investment style?**
Tom Sosnoff is known for his options trading strategies, often using a combination of options and equities in his trading approach.
**9. Does Tom Sosnoff have any philanthropic endeavors?**
Yes, Tom Sosnoff is involved in various philanthropic activities. He has donated to causes related to education, healthcare, and social services.
**10. Where can I find Tom Sosnoff’s trading insights?**
Tom Sosnoff often shares his trading insights and market commentary on the Tastytrade network, including the Tastytrade TV show and various social media platforms.
