XTX Markets’ Alex Gerko earns record £895M in 2025

Alex Gerko, the Russian-born mathematician who founded XTX Markets in 2015, pulled in a record £895 million personal payout from his London-based trading firm’s 2025 profits. That’s roughly £2.5 million per day, every day, for an entire year. The previous record was also his: £682 million in 2024. So he beat himself by more than £200 million. The numbers behind the windfall XTX Markets’ UK entity posted revenues of £3.93 billion for 2025, a 44% jump from £2.7 billion the prior year. Profits after tax landed at £1.71 billion, up 33% from £1.28 billion in 2024. The firm employs roughly 250 people. That works out to approximately £6.84 million in profit per employee. Gerko holds approximately 75% ownership in XTX, which explains how a firm’s record year translates so directly into a single person’s record payday. The firm paid out £1.8 billion in dividends during 2025, with additional distributions of £331 million in January 2026 and £261 million in March 2026. XTX also handed the UK government roughly £580 million in corporation tax for the year, making it one of the country’s largest corporate taxpayers. What XTX actually does XTX Markets is an algorithmic trading firm, meaning it u...