Is Timothy Sykes A Scam, What is His Net Worth?

American stock trader, entrepreneur and penny stock expert, He is best known for earning $1.65 million by day trading while attending Tulane University

Timothy Sykes Bio

Born on April 16, 1981, Timothy Sykes is best known for turning his ‘Bar Mitzvah’ money into over $1 million from day trading while at Tulane University. He started day trading penny stocks in 1999 with $12,415 which he received in Bar Mitzvah gift money. He turned the investment to over $1.65 million when he was just 21.

Sykes completed his studies and eventually graduated from the University in 2003. He also founded Cilantro Fund Management LLC in 2003 with the money ($1 million) he loaned from friends and family. As a short bias hedge fund, Cilantro Fund eventually became popular and gained the attention of the business world.

As an author, Sykes has written for several online magazines and blogs. Meanwhile, he self-published – ‘An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund’ in 2007. The book detailed his life during his university days and how he turned a small amount to hefty wealth.

See Also – Marcus Lemonis Biography, Wife, and House

Sykes has also been working as a financial activist and educator. This didn’t stop him from launching, a website where he provides details about financial services. He also co-founded in 2011, a platform offering knowledge about stock trades. Sykes profile on the platform affirmed that he is a self-made millionaire trader and, that he’s been profiting from teaching the ins and out of penny stocks. It’s said that his students have now made over $16 million.

Is He A Scam?

Our investigations reveal that can boast of over 84,000 trading members who share their performance and trades openly to help each other learn and improve their trading skills. Likewise, has more than 65,000 investors and traders.

Though Timothy Sykes is a registered investment adviser, he has severally refused to show documents that would validate most of his claims. He was on the news sometime in the past after he came for celebrities like Justin Bieber and Shaquille O’Neal for inflating the price of stocks they own through misleading positive statements just to sell the stocks at a higher price.

Sometime in 2006, Trader Monthly’s editor, Randall Lane proclaimed that Sykes is one of the lifestyle magazine’s “worst pick” for its 30 Under 30 list for up-coming and outstanding traders in the market. What happened? Tim cited Barclays and asserted that his Cilantro Fund was the number one long-short microstock hedge fund in the country. The financial traders’ magazine editor later uncovered that Tim’s claim was misleading, the rating wasn’t from the popular Barclay’s British bank.

READ   15 Richest Young Billionaires In Tech Under Age 40

It was insinuated by many that Tim is a fraud until he decides to shut every negative comment up. That was in 2008. Mr. Sykes decided to redo what he did with his bar mitzvah money. Again he invested $12,415 and named the project Transparent Investment Management. If you didn’t notice, that’s an acronym for his name – TIM. 24 months later, Sykes increased the sum to $90,368. While he validated himself, it wasn’t surprising he was the top-ranked trader on Covestor.

Irrespective of the controversies Sykes has been involved in and the negative reviews he’s been receiving over the years, his popularity has not declined. In fact, he has grown more popular. He was featured in several television programs on CNBC, CNN, etc. Apart from that, he’s a popular writer for AOL Finance on

What Is His Net Worth?

About three years ago, Forbes reported that Tim’s blog, where he teaches penny-stock trading is expected to bring in $15 to $20 million. On the website, Tim brags that he’s so far turned $12,415 Into $4,650,000.

Before that, Sykes was spotlighted after it circulated that another trader, Tim Grittani turned $1,500 into over $1 million in 3 years. It is believed that Grittani learned about penny stocks from Tim Sykes. He reportedly learned about Syke’s trading success story from the internet and thereafter, spent some months learning Syke’s theories. He almost lost all he invested when he started trading; eventually, he turned things around for himself. He is currently estimated to worth around $20 million.

Read Also – Rooster McConaughey Biography

Timothy Sykes and Bianca Alexa

Quick Facts About The Stock Trader

  • Full Name: Timothy Sykes
  • Profession: Stock Trader, entrepreneur
  • Ethnicity: American
  • Nationality: American
  • Date of Birth: April 16, 1981
  • Place of Birth: Orange, Connecticut
  • Education: Tulane University
  • Marital status: Married (Bianca Alexa)
  • Astrological sign: Aries


Truth About Brock Lesnar’s Net Worth, Wrestling Career and Family

Brock Lesnar is an American professional wrestler who is signed to WWE's Raw brand as of 2017. Also a mixed martial artist, Lesnar had...

Inside Jared Goff’s Exceptional Career and Relationship With Model Girlfriend Christen Harper

American football prodigy Jared Goff is currently among the fast-rising stars in the National Football League. He has been a prominent member of the...

Tori Brixx Personal Details And Whereabout Since Fighting With Rich The Kid

A stunning American model and Instagram star, Tori Hughes, popularly known by her professional name, Tori Brixx, is one of those celebrities who earned...

The Dynamics Of Tony Hawk Pro Skateboarding Fame and Net Worth Vs His Unsuccessful Marriages

Tony Hawk, also known as "The Birdman", is an American professional skateboarder, businessman, and actor. Regarded as one of the most influential pioneers of...

A Deeper Look At Drew Brees’ Net Worth, His Wife Brittany and Their Children

Once upon a time, Drew Brees was just a little lad who loved football and hoped to go pro. Many however discouraged him, pointing...

Untold Truth Of Cher And How She Accumulated Her Net Worth

Cher is an American singer and actress dubbed by fans as the Goddess of Pop. She is a legend by many standards and arguably one...

Understanding Olsen Twins Sisters Net Worth and Family Life

Fraternal twin sisters Mary-Kate Olsen and Ashley Olsen make up the famous Olsen Twins. The duo began their acting careers at 9 months old...

Stacking Up Ezekiel Elliott’s NFL Successes Against His Girlfriend Troubles

Some people believe that stars are made while others believe they are born. In the case of Ezekiel Elliott, it is only fair to...

A Look At Khalil Mack’s NFL Career, Girlfriend History and Body Measurements

Khalil Mack has become one of the most dominant players in the National Football League and the reason for this is not far-fetched; his...

Biography of Lance Armstrong – Net Worth, Wife and Children

Lance Armstrong is an American retired/banned professional road racing cyclist, philanthropist, author, and public speaker. At the peak of his sporting career, Armstrong had...

18 Richest Black Billionaires and Their Net Worth

In recent times, many black people have been making the list of richest billionaires in the world as they have gathered a net worth...

What is Wale’s Net Worth and Who is The Current Girlfriend or Is He Married?

Wale is an American rapper of Nigerian descent. He first rose to prominence in his hometown of Washington DC in 2006 with the song...

Featured Today

What Is Wrong With Barron Trump, Is He Really Autistic? Where Is He Now?

Autism is prevalent and can affect people of all ethnic, racial and socioeconomic groups. The disorder, which limits a person's ability to relate and...

Fredricka Whitfield – Husband (John Glenn), CNN & Other Family Facts

CNN may no longer be the leading news network in the United States in terms of ratings but it still boasts of some of...

Pokémon Card Value and Price Guide: How Much Money Are Your Cards Worth Now?

In recent years, interest in the Pokémon Trading Card Game (PTCG) has grown immensely as multiple cards have been sold for jaw-dropping prices at...

Is Jamie Clayton Transgender? What Was She Like As A Boy?

Fame they say doesn’t come by age; Jamie Clayton is a clear proof to that fact. The American actress garnered fame in her thirties...

Related Stories