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Top 20 taxpayers in UK revealed as Russian-born mathematician tops list

Sunday Times tax list shows XTX founder Alex Gerko as having paid close to half a billion pounds in tax

August Graham
Friday 27 January 2023 07:32 GMT
Top left clockwise: Denise Coates, Ranjit Singh Boparan, Lady Philomena Clark, Chris Hohn, Dame Mary Perkins and James Dyson
Top left clockwise: Denise Coates, Ranjit Singh Boparan, Lady Philomena Clark, Chris Hohn, Dame Mary Perkins and James Dyson (PA/Shutterstock/Getty)

A mathematician who was born in Russia and has spoken out against Vladimir Putin’s war in Ukraine was the UK’s biggest taxpayer last year.

The Sunday Times tax list revealed on Friday that 100 wealthy people or families contributed nearly £5.2 billion in tax in the UK last year.

Nearly £1 in every £10 of this came from just one man – Moscow-born Alex Gerko, who set up XTX Markets in 2015 and is co-chief executive of the trading business.

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