A British billionaire trader is offering to pay student interns $US35,000 ($53,000) a month to join his trading empire amid an escalating war for tech talent.
Alex Gerko, who runs XTX Markets, is advertising for postgraduates to join the firm on a 12 to 14-week research internship where they stand to earn between $US105,000 and $US122,500 in total.
Alex Gerko is understood to be Britain’s biggest single individual taxpayer.
A recent advert on the company’s website says the company is seeking a candidate who is “eager to push the boundaries of high-risk, high-reward AI research”.
The position is based four days a week in XTX’s New York offices, and will pay a “a generous sign-on bonus” so candidates can rent a flat in the area.
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XTX is planning to pay its interns more than three times the average monthly salary in New York, where a typical worker is paid $US7046.
Gerko, who owns a 150-acre estate in the Chiltern Hills, is understood to be Britain’s biggest single individual taxpayer, contributing £665 million ($1.37 billion) in 2023 alone. Last year he paid himself a record £682 million after a surge in profits at his trading firm.
‘King of geeks’
The Russian-born billionaire founded the company in 2015, after moving to London from Moscow to work at Deutsche Bank.
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