March 28, 2023


Complete Canadian News World

United Kingdom: The country’s largest taxpayer is a billionaire from Russia

According to the ranking, Gerko’s tax liability for 2022 was £487.4m, which it said was enough to pay the annual salaries of 12,503 teachers.

The 43-year-old billionaire is a mathematician by education and his fortune was brought to him by XTX Markets, an algorithm-driven stock trading company founded in 2015. He is also an outspoken critic of Russian dictator Vladimir Putin and his assault on Ukraine. After the war began, he called for more Russians to be punished and to renounce his Russian citizenship.

According to the Bloomberg Billionaires Index, Alex Jericho has a net worth of around $6.4 billion.

In second place is the Coates family – Dennis, John and Peter – the owners of the online bookmaker Bet365, who were leaders in the three previous editions of the rating. Their taxes last year were £460.2m. The third place – with a tax of 392.3 million pounds – was occupied by Stephen Rubin and his family, owners of the Pentland Group, which includes a number of manufacturers of sports equipment and clothing.

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