Timothy Sykes is a stock trader who also offers financial advice through websites and television appearances on a number of different cable networks. He became engaged to model Bianca Alexa in January 2015.
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2. Income & Salary
Sykes first gained recognition for his stock selection skills as an 18-year-old in 1999, when he used the $12,415 he had collected during his bar mitzvah to trade in penny stocks. In less than three years, Sykes was able to parlay that amount into more than $1.65 million and later turned his investment into 4.2 million. During this time, he was attending Tulane University, and during his senior year, he founded a hedge fund named Cilantro Fund Management. After three years, Sykes claimed that the hedge fund was the top microstock hedge fund in the United States, but his claim was marked by controversy. That’s because Sykes claimed that the rating was from Barclay’s, which implied it was from the prestigious British bank. However, the company was a small Iowa research company. He currently writes a blog on his website that instructs those that read it how to trade in penny stocks, also selling DVD’s that give a more visual approach.
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3. Estimated Net Worth
Such uncertainty also factors into exactly what his overall net worth is, since much of the available information on Sykes is either connected to his enterprises or based on projections. Sykes’ projections for the website claim that he’ll have revenue of between $15 and $20 million each year, but there is no concrete evidence of such popularity or totals for his entrepreneurial enterprises. We estimate Tim’s net worth at $15 million.