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Grizzly Bulls’ Billionaires Index

⬅ # 205 Ken Fisher|# 207 Jay Chaudhry ➡

# 206 Alexander Gerko 

$10.7B

Real Time Net Worth
as of 7/25/2024
$161 (0.00%)

# 206 Alexander Gerko 

$10.7B

Real Time Net Worth
as of 7/25/2024
$161 (0.00%)
OccupationFounder, XTX Markets
Source of WealthTrading
Age44
ResidenceLondon, United Kingdom
Marital StatusMarried
Children3
EducationMS, Moscow State University; Ph.D, Moscow State University; Master of Economics, New Economic School
Age-Adjusted Net Worth$31.7B
Alexander Gerko
Alexander Gerko
United Kingdom
Net worth: $10.7B

Self-Made Score 

Biography

Overview

Alexander Gerko, born on December 3, 1979, is a financial trader and the founder of XTX Markets based in the United Kingdom.
Originally from Russia, Gerko obtained a PhD from Moscow State University before starting his career at Deutsche Bank in 2004, initially trading equities and later moving into foreign exchange trading.
In 2009, Gerko joined GSA Capital, a UK-based hedge fund, where he remained until 2015.
In January 2015, Gerko founded XTX Markets, an algorithmic trading company, with a 75% majority interest in the company.
XTX Markets, under Gerko's leadership as Co-CEO, achieved record profits in 2021 and became the largest emerging market FX provider in 2022.
In 2022, XTX reported a 64% increase in profits, reaching £1.1 billion.

Business Ventures

Former FX quant trader at Deutsche Bank and head of FX trading at GSA Capital, Gerko founded XTX Markets in 2015.
Co-CEO of XTX, Gerko led the company to record profits in 2021 and its position as the largest emerging market FX provider in 2022.
XTX Markets sued Trump's former accounting firm, Mazars, after they refused to work with its Russian-born owner.

Other Investments

Gerko has invested in 62 companies, including Compology, a provider of artificial intelligence solutions in waste and transportation, and Yet Analytics as an angel investor, according to Pitchbook.

Personal Life

Born in Russia, Gerko moved to the UK in 2006 and currently resides in North London with his wife and three children.
In 2022, Gerko renounced his Russian citizenship after a legal process, becoming a British citizen.
Named the largest taxpayer in the UK in January 2024 by the Sunday Times Tax List, Gerko paid £664.5 million in tax.
Since 2020, Gerko has donated £25 million to out-of-class maths clubs through the Mathematics Education for Social Mobility and Excellence charity (MESME), which he set up.

How long would it take you to become as rich as Alexander Gerko?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Alexander Gerko's net worth of $10.7B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 52.22% compared to 16.62% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Alexander Gerko is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Alexander Gerko, Trading is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey