Timothy Sykes’ Net Worth (Updated 2021): Here’s How the ‘King of Penny Stocks’ Became a Millionaire

Timothy Sykes

Last Updated on July 7, 2021

Who Is Timothy Sykes

Timothy Sykes is an American stock trader, penny stock expert, and entrepreneur who is best known for turning his Bar Mitzvah gift money worth $12,415 into $1.65 million by day trading.

Sykes is a self-made millionaire who delights in sharing his wealth secrets.

Quick Facts

Full Name: Timothy Sykes
Popular Name: Timothy Sykes
Gender: Male
Birth Date: April 15, 1981
Age: 40 years
Parents: Joel Sykes and Jo-Ann Sykes
Siblings: Unknown
Birth Place: Orange, Connecticut
Nationality: American
Ethnicity: Jewish
Education: Amity Regional High School and Tulane University
Marital Status: Married  
Sexual Orientation: Straight
Wife/Spouse: Bianca Alexa
Children: Unknown
Dating: N/A
Net Worth: USD 20 million (as of April 1, 2021)
Source of Wealth: Stock Trading and Other Entrepreneurial Ventures
Height: 5′ 8″ (1.75 m)
Weight: 72 kg; In pounds: 159 lbs.

Early Life

Timothy Sykes was born on April 15, 1981, in Orange, Connecticut, to Joel Sykes and Jo-Ann Sykes.

Sykes attended Amity Regional High School and Tulane University. He graduated from Tulane in 2003 with a bachelor’s degree in philosophy as well as a minor in business.

Career Information

Timothy Sykes began trading penny stocks in 1999 while attending Tulane University. He converted $12,415 which he had received in Bar Mitzvah gift money into over $1.65 million.

In 2003, Sykes invested $1 million received from his family and friends in founding a short bias hedge fund known as Cilantro Fund Management. Cilantro was ranked the #1 long-short microstock hedge fund in the United States by the Barclay Group from 2003 to 2006. In 2006, Sykes featured on Trader Monthly’s ’30 Under 30 List of upcoming traders.

In 2008, Timothy Sykes attempted to recreate his initial trading success by investing $12,415 in a firm known as Transparent Investment Management (TIM). The investment turned into more than $90,000 after two years.

In 2007, Sykes launched, a website through which he shares valuable penny stock trading tips.

In 2009, Sykes founded The website is dedicated to collecting user reviews of financial brokers as well as books and videos. Sykes is also associated with, a social service that he founded in 2011 with a view to providing stock trade information on the internet.

Timothy Sykes currently works as a financial consultant and educator.

Timothy Sykes’ Net Worth

As of April 1, 2021, Timothy Sykes had a net worth of $20 million. He has earned his wealth from his career as a penny stock trader.

Over the years, Sykes has continually multiplied his wealth by undertaking multiple ventures. He reportedly makes $4 million from his various engagements every year, $250,000 of which comes from day trading alone.

Besides stock trading, Sykes’ other notable income earners include writing and television appearances.

Sykes has a self-published book known as ‘An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund. The book, which he published in 2007, documents Sykes’ day trading experience right from his humble beginnings in Tulane University.

On television, Sykes is best known for making appearances on the reality TV show Below Deck.

Lessons from Timothy Sykes

1. You can’t win if you aren’t prepared to lose

Many people consider Timothy Sykes as one of the luckiest penny stock traders alive. But converting $12,415 into $1.65 million from daytime trading wasn’t just a matter of sheer luck. It also had a lot to do with Sykes’ willingness to take calculated risks.

Sykes could have chosen to hold on to his Bar Mitzvah gift money, but he took a leap of faith that eventually paid huge dividends.

2. You succeed more by giving than receiving

Timothy Sykes understands one of the fundamental wealth creation secrets, which is giving back to the less fortunate. He founded the charity organization ‘Timothy Sykes Foundation’, through which he undertakes many of his charitable ventures. TSF has since raised $600,000 and also partnered with other organizations, including Boys and Girls Club and Make-a-Wish Foundation.

In 2017, Sykes donated $1 million towards the ‘Pencils of Promise’ initiative to aid in constructing 20 new primary schools across various countries, including Ghana, Laos, and Guatemala. The projects were set to be completed between 2017 and 2018. Sykes is also credited for founding Karmagawa, a charity that advocates for the preservation of natural resources while also assisting needy people around the world.

3. Speak out your mind, regardless of who gets offended

Sykes doesn’t shy away from speaking out against unethical business practices even if doing so ends up ruffling a few feathers.

He publicly condemned singer Justin Bieber and former professional basketball player Shaquille O’Neal for promoting “pump and dump” schemes. This is a scheme whereby an investor acquires stock and then inflates the price of those stocks by hyping people into purchasing them.

Famous Quotes by Timothy Sykes

“Don’t work for somebody else’s dream. We’re all human, we all make mistakes, we all learn.”

“Dream big and study hard, and don’t stop until you’ve achieved all your goals.”

“Studying the past, seeing what worked before, because then you can be better prepared for the present and you can get wealthier in the future.”

“You aren’t as smart as you believe and in this economy, you don’t have that great of a future, either. The good news is that neither intelligence nor potential is required to be a consistently profitable day trader.”

“You can learn and you can make money from anywhere in the world. Learn what you love and focus on it.”

Wrap Up

Timothy Sykes is an American penny stock trader who has enjoyed a fairly successful trading career after becoming a millionaire while in college. Over the years, Sykes has expanded his investment portfolio to include hedge funds as well as blogs. His current net worth stands at $20 million.

Tags: an american hedge fund by timothy sykes below deck tim sykes bianca alexa sykes bianca sykes big syke net worth celebrity trader first red day tim sykes hot penny stocks timothy sykes how much does tim sykes make a year how much is the tim sykes challenge how much is tim sykes challenge how much is tim sykes worth how much is timothy sykes challenge how much is timothy sykes training how much is timothy sykes worth how old is timothy sykes how to make millions sykes how to make millions tim sykes how to make millions tim sykes reddit how to trade penny stocks tim sykes how to trade penny stocks timothy sykes huddie profitly is sykes legit is tim sykes legit is tim sykes real is timothy sykes is timothy sykes legit is timothy sykes married is timothy sykes real is timothy sykes scam jet life penny stocks john sykes american businessman john sykes businessman john sykes net worth keifer sykes net worth members timothysykes com net penny stocks how does it work penny stock book tim sykes penny stock millionaire tim sykes penny stock trading tim sykes penny stocks timothy sykes youtube richest day trader richest share trader richest stock broker richest stock traders richest stock traders in the world rick sykes miami sir stevo timothy net worth steve penny net worth steve sykes sykes boys and girls club sykes pay dates sykes penny stocks sykes stock sykes stock price sykes trading the complete penny stock course timothy sykes the penny stock millionaire fortunes in mini stocks tim grittani net worth 2018 tim skyes tim syk tim sykes a scam tim sykes best penny stocks tim sykes blog tim sykes book tim sykes book pdf tim sykes book review tim sykes books to read tim sykes broker tim sykes challenge tim sykes challenge interview tim sykes chat room tim sykes class tim sykes conference 2018 tim sykes course tim sykes course cost tim sykes course free download tim sykes download tim sykes dvd tim sykes dvd download tim sykes dvd how to make millions tim sykes fiance tim sykes forex tim sykes free ebook tim sykes free guide tim sykes girlfriend tim sykes how to make millions dvd free download tim sykes indicators tim sykes live trading tim sykes married tim sykes membership tim sykes millionaire mentor tim sykes net tim sykes net worth tim sykes net worth 2018 tim sykes newsletter tim sykes on below deck tim sykes penny stock course tim sykes penny stock tips tim sykes penny stocks tim sykes penny stocks 101 tim sykes penny stocks dvd tim sykes penny stocks to buy tim sykes phone number tim sykes picks tim sykes plans tim sykes preferred brokers tim sykes price tim sykes profit calendar tim sykes profitly tim sykes program review tim sykes reddit tim sykes robinhood tim sykes scam tim sykes school tim sykes seminar tim sykes stock picks tim sykes stock watchlist tim sykes stocks to trade tim sykes story tim sykes strategy tim sykes student portal tim sykes the complete penny stock course tim sykes top penny stocks tim sykes trades tim sykes trading broker tim sykes trading course tim sykes trading review tim sykes training tim sykes tv show tim sykes video lessons tim sykes videos tim sykes watchlist tim sykes watchlist 2019 reddit tim sykes watchlist 2020 tim sykes watchlist com tim sykes watchlist free tim sykes watchlist reddit tim sykes watchlist review tim sykes website tim sykes weekend trader tim sykes weekly profits tim sykes wife tim sykes worth tim sykes youtube tim wise net worth timothy sky timothy sykes timothy sykes age timothy sykes an american hedge fund pdf timothy sykes below deck timothy sykes best trading platform timothy sykes best trading software timothy sykes bianca timothy sykes book timothy sykes book free timothy sykes book list timothy sykes challenge timothy sykes challenge review timothy sykes chat room timothy sykes company timothy sykes contact timothy sykes course timothy sykes day trading timothy sykes dvd timothy sykes ebook timothy sykes education timothy sykes email list timothy sykes facebook timothy sykes fake timothy sykes foundation timothy sykes fraud timothy sykes free timothy sykes free download timothy sykes free training timothy sykes free videos timothy sykes free watchlist timothy sykes girlfriend timothy sykes hedge fund timothy sykes height timothy sykes how to find stocks timothy sykes how to make millions download timothy sykes india timothy sykes interview timothy sykes lamborghini timothy sykes legit timothy sykes live trade timothy sykes method timothy sykes millionaire timothy sykes millionaire matchmaker timothy sykes net worth timothy sykes net worth 2016 timothy sykes net worth 2019 timothy sykes news timothy sykes pdf timothy sykes penny stocks timothy sykes portfolio timothy sykes profitly timothy sykes reddit timothy sykes scam timothy sykes stock picks timothy sykes student timothy sykes student portal timothy sykes subscription timothy sykes suretrader timothy sykes teaching timothy sykes trading app timothy sykes trading challenge timothy sykes trading method timothy sykes trading software timothy sykes trading tips timothy sykes tv show timothy sykes videos timothy sykes watchlist timothy sykes wedding timothy sykes wife timothy sykes worth timothy sykes youtube timothy sykes youtube videos timothy trader timothysykes com tom sykes personal life tyler sykes what broker does timothy sykes use what does timothy sykes do what is timothy sykes net worth what platform does timothy sykes use what trading platform does timothy sykes use who is the richest day trader who is the richest stock broker who is timothy sykes