The highly effective and enantioselectivesulfenylation of β‐keto phosphonates catalyzed by α,α‐diaryl‐L‐prolinols has been developed. The optically active α‐sulfenylated β‐keto phosphonates could be obtained under mild reaction conditions in good yields (up to 92%) and with excellent enantioselectivities (up to 92% ee).