Alex Gerko

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1. 5d
   Mathematician Alex Gerko's AI-driven XTX lifts him to No. 8 on UK rich list

   Alex Gerko, a 46-year-old mathematician, ranks eighth on the Sunday Times 2026 UK rich list with £16.006bn (about RMB 141.7bn), up £7.261bn from 2025, according to reports citing the list. He owns roughly 75% of XTX Markets, the quantitative market maker he founded in 2015, which uses machine learning to forecast prices and quote liquidity directly to clients; XTX's site says its research cluster has more than 25,000 GPUs, covers over 53,000 instruments across 35 countries, and handles about $250bn in daily trading volume. Its three main UK entities reported combined after-tax profit of about £1.71bn in 2025, but public materials do not break out AI's separate profit contribution, and Gerko's gains largely reflect equity valuation.

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