American entrepreneur Tom Sosnoff has received fame and recognition with his sharp skills as a trader and financial expert. He used his entrepreneurship knowledge for the online business and developed a software to support individual options trading.
Tom initiated his career in the early 1980s as a lead market maker for the Sosnoff Sheridan group. As he believed that software tools could easily fulfill the needs of investors in trading, he developed the software, Thinkorswim in 1999.
After a decade, Tom sold the software for $750 million after and earned a personal income of $84 million. Besides, he created a new financial network called tastytrade with $20 million as capital.
Accumulating many years of experience, Tom founded Dough Inc. and eventually added the tastytrade as well. As a leading entrepreneur, Tom was a co-winner of the EY Entrepreneurship of the year Midwest Award in 2014.
With all his achievements and hard work, Tom surely has amassed a substantial amount of net worth just like entrepreneur Daymond John.
Tom Sosnoff’s Biography
Tom was born on 6 March 1957 and raised by a well-to-do family.
His mother was an independent creative woman, who ran an art school for girls whereas his dad was an attorney and highly intellectual. At an early age, Tom did not have any idea of what he was going to do with his life.
So, he studied Political Science and started working in a financial firm. While working in the firm, Tom attended numerous trainings that helped him gain knowledge after, which he decided to pursue his career as an entrepreneur.
Tom's Sosnoff’s Family; Children
Speaking of Tom’s personal life, the 61-year old is blessed with two children, a younger son, and an elder daughter. His children are all grown up as Tom’ daughter, Case is the Chief Compliance Officer at Tastyworks.
Tom manages to maintain a beautiful relationship with his children, which can be speculated from his daughter’s social media. For instance, on 16 June 2013, Tom’s daughter Case Sosnoff wished him on father’s day.
Tom Sosnoff celebrates his birthday with daughter, Case Sosnoff on 6 March 2015 (Photo: Case Sosnoff's Twitter)
Despite a hectic schedule, Tom does not fail to spend quality time with his children.
But despite his openness regarding his children, Tom has never spilled the beans on his kids' mother. He has also not revealed if his baby mama is his wife or girlfriend.
As Tom prefers keeping his partner's detail a secret, it unsure if he is married, divorced or single. It is only evident he relishes family life with his children, who completes his life.