Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

# 356 Alex Gerko $6.44B

Random fact: XTX corporate philanthropy supports STEM education and careers.


Gerko is the founder of XTX Markets, an algorithmic trading firm active in equity, fixed income and commodity markets. The London-based company also has offices in New York, Singapore, Paris and Mumbai, and in 2021 had revenue of more than $1.7 billion. Before founding XTX Gerko ran market-making at hedge fund GSA Capital.

As of :
Last change -$10.9M ( -0.2%)
YTD change +$598M ( +10.2%)
Biggest asset XTX Markets
Country / Region United Kingdom
Age 43
Industry Finance
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Alex Gerko's net worth of $6.44B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

Gerko is the founder and co-CEO of XTX Markets, an algorithmic trading firm founded in London in 2015 that operates in equity, fixed income, FX and commodities markets.

Gerko is credited with 75% of the firm based on a filing with the U.S. Financial Industry Regulatory Authority by XTX Markets LLC. Its valued using 2021 revenues of $1.77 billion and net income of $801 million of its three major operating units, XTX Markets Technologies, XTX Markets Limited and XTX Markets Trading based on their accounts filed at Companies House, and compared to the enterprise value-to-sales, enterprise value-to-EBIT and enterprise value-to-EBITDA multiple of publicly-traded peers Flow Traders N.A. and Virtu Financial Inc.

The value of Gerko's cash and other assets is based on dividends of more than $2.4 billion paid since 2020 by a holding company controlled by Gerko. He's credited with 75% of these payments based on his ownership of the group, and adjusted for taxes and market performance.

Tim Moxon, a spokesperson for XTX, declined to comment on Gerko's net worth in December 2022.


Family: Married, No children

Alex Gerko was born in Moscow and received a doctorate from Moscow State University, later attending the New Economic School.

He began his career trading equities at Deutsche Bank in 2004 before shifting to foreign exchange. In 2009, he moved to hedge fund GSA Capital, where he ran market-making.

In 2015 he founded XTX Markets, an algorithmic trading firm that seeks to automate all aspects of its operations. The London-based firm has offices in Paris, New York, Singapore and Mumbai. It booked revenues of more than $1.7 billion in 2021.

  • 2004 Joins Deutsche Bank as an equities trader.
  • 2009 Joins hedge fund GSA Capital.
  • 2015 Founds trading firm XTX Markets.
  • 2021 Revenue at XTX Markets exceeds $1.7 billion.