Guy Gentile net worth is
Guy Gentile Wiki Biography
Guy Gentile was born on 3 July 1976, in Yonkers, New York City USA, of part-Italian descent. Guy is a business executive, trading expert and entrepreneur, best known for his expertise in high frequency trading platforms. He established Swiss Americas Securities which he serves as CEO, having been active in the industry since the 1990s, and all of his efforts have helped put his net worth to where it is today.
How rich is Guy Gentile? As of late-2017, sources inform us of a net worth that is at $100 million, mostly earned through success in high frequency trading. He has helped develop two of the most prominent high frequency trading platforms in the market. As he continues his career, it is expected that his wealth will also continue to increase.
Guy Gentile Net Worth $100 million
Growing up, Guy was already focused on making money. He worked at a pizzeria during his teens, and was also a drag racer. After matriculating from high school, he considered being a police officer but actually took a job at a Coca-Cola factory. He eventually discovered day trading in 1997, which led him to quit his job and work on a platform which could help him collect fees by executing trades. Guy founded the high frequency trading platform “SpeedTrader” in 1999, which would help elevate his net worth. Eventually, the platform would be sold to Stock USA Investments, Inc, but he continued to work on high frequency trading, which eventually led him to found “SureTrader”. He then established Swiss Americas Securities, Ltd to make use of the platform, and he would serve as CEO of the company. Just a year after the launch of “SureTrader”, the platform was reported to have made 100,000 equity transactions, making it highly successful and leading to a major expansion of the company.
In 2012, Gentile set out to increase the staff of Swiss Americas Securities due to the increase in the demand for SureTrader. His net worth also increased even more as a result of the success of the platform, but hiss old platform, SpeedTrader also continued to be successful, and his two platforms became top brokers. Gentile then embarked on other business endeavors, creating “Sur Club” which is a sushi restaurant incorporating both a club and dining experience, said to have cost $1.2 million in its creation. The store received a lot of demand – hundreds of advanced applications went in for its opening night.
In 2016, Guy was charged with penny stock manipulation schemes by the US Securities and Exchange Commission, however, it took a year for the charges to be dismissed by a United States District Court Judge, which prompted the creation of the Bloomberg article “Bro, I’m Going Rogue: The Wall Street Informant Who Double-Crossed the FBI” which talks about Guy working as an FBI informant. In the article, he talked about how the FBI used him to arrest shady characters in the industry, before turning their back on him.
For his personal life, it is rumoured that Guy was married, but is now divorced. When he broke-up with his subsequent girlfriend Kristina Kuchma, she took revenge by driving his Mercedes car into his swimming pool – both survived. During his free time, he enjoys travelling and has a collection of cars. He continues to resides in New York City.