Alex Gerko Net Worth

Alex Gerko has an estimated net worth of $11.9 billion, according to Forbes Real-Time Billionaires, Alex Gerko profile (figures as of October 20, 2026). That is up from $5 billion in 2023.

Alex Gerko is a British trader and business founder known for building XTX Markets in the U.K. He started at Deutsche Bank in 2004, where he traded equities before moving into foreign exchange. In 2009, he joined GSA Capital and later became head of FX trading there. In 2015, he launched XTX Markets, an algorithmic trading company that trades price differences across many venues. He is self-made, according to Forbes.

His wealth comes from trading and from his large stake in XTX Markets, where he is Co-CEO. Forbes says the company posted record profits in 2021 and became the largest emerging market FX provider in 2022. Gerko also invests as an angel investor and has backed 64 companies, including Compology and Yet Analytics. He has a PhD in mathematics and wrote research papers, including one on market timing for trading.

How Alex Gerko built his fortune

Gerko made his name in markets before starting his own firm. He began at Deutsche Bank in 2004, first trading equities and then foreign exchange. After that, he moved to GSA Capital in 2009 and stayed there until 2015. Those roles gave him deep experience in FX and quantitative trading. In 2015, he founded XTX Markets, a business built around algorithmic trading across a range of venues.

Most of his money is tied to XTX Markets. Gerko holds a 75 per cent interest in the company, and Forbes places him in Finance & Investments. The business had record profits in 2021 and became the largest emerging market FX provider in 2022. Forbes also notes that XTX paid dividends of more than $1 billion to Gerko in 2022. Outside the company, he has invested in 64 businesses as an angel investor.

What Forbes says about his net worth

Forbes has tracked big swings in Gerko's fortune in a short period. It estimated him at $5 billion on the World's Billionaires List 2023, then $10.4 billion on the 2024 list. The next year, Forbes put him at $7.2 billion before raising the estimate to $12 billion on the 2026 list. Those changes line up with XTX Markets becoming larger and more profitable in the years listed by Forbes.

The latest Forbes update puts Gerko at $11.9 billion on its real-time billionaires tracker as of October 20, 2026. That figure keeps him among the richest people tied to trading in the U.K. His business profile helps explain why Forbes follows him closely: he is self-made, runs XTX Markets as Co-CEO, and built his wealth through trading rather than through a broad mix of unrelated industries.