Timothy Sykes most is known for turning is bar mitzvah gift of $12,415 into $4.3 million trading stocks online.
On Instagram, he’s known for his lavish Instagram posts filled with exotic cars, stacks of cash, and luxury vacations.
Sykes constant display of wealth has earned him hardcore fans and haters alike — you either love him or you hate him with a passion.
However, it appears that Sykes has a generous side to him as well. Recently, he announced that he’s a donating a $1 million grant to Pencil of Promise (PoP) to build around 25 schools across Southeast Asia.
Sykes made the generous offer after touring another school he built in Laos that cost him $50,000.
He was so moved by what he saw that he made the decision on the spot to donate $1 million from his new Timothy Sykes Foundation.
These are some of the children at my charity’s first school in #laos how cute are they?!? It’s my honor to partner with @pencilsofpromise to build over 20 schools over the next year with my $1 million donation as it opens up so many possibilities for these kids, we need to prioritize #education SO MUCH MORE! You can open your own #pencilsofpromise school for just $50,000, who wants in? #thetimothysykesfoundation #studyhard #givingback #thechildrenoftheworld #knowledgeispower #ilovelaos #charity #edjewcation #hebrewschool
“I believe knowledge truly is power and education is key to the future of our children. That’s why it is my personal mission to support education in communities that are in desperate need of some of the everyday resources that many of us take for granted,” Sykes said. “I have seen first-hand some of the amazing work Pencils of Promise does around the world and I’m proud to help them further their mission.”
Pencils of Promise was founded in 2008 with a goal of increasing access to quality education for children in development countries. To date, they’ve built over 380 schools and provided access to education for over 35,000 students across the world.