American entrepreneur Tom Sosnoff is best known as a founder od Dough, Inc. and co-fouder of tastytrade and Thinkorswim. As of 2017, Tom Sosnoff’ current net worth is estimated to be about amazing $700 million and we also know how much money he received for selling Thinkorswim.
Thinkorswim was bought by TD Ameritrade in 2009. The price was about $606 million and Sosnoff himself received $84 million of it. Two years later, he invested some money to his tastytrade project which has become one of the most popular financial networks.
Tom Sosnoff was born on March 6th, 1957, in New York City. He graduated from from the University at Albany with degree in political science in 1979. He started working for investment banking firm Drexel Burnham Lambert and then he worked at the Chicago Board Options Exchange as a market maker through the Sosnoff Sheridan Group. But becoming an options trader wasn’t the peak of his career.
In 1999, Sosnoff co-founded aforesaid Thinkorswim. During the years, he also worked as a Senior Vice President of Trading and Strategic Initiatives at TD Ameritrade, the company which bought Thinkorswim. Sosnoff is a great example of successful entrepreneur who has amassed an admirable net worth during his career. He received the EY Entrepreneur of the Year Midwest Award in 2014.