The UK banker who makes £25.8 million a day
Nik Storonsky, Co-Founder of Revolut, became £25.8 million richer on average every day over the past year to reach No. 7 on the Sunday Times Rich List 2026 with £16.41 billion.
The Moscow-born banker climbed 20 places on the list after a 2025 fundraising round valued Revolut at more than £55 billion. Storonsky owns 29% of the financial services company he co-founded in 2015.
His net worth jumped £9.43 billion year on year, the largest single gain anywhere on the 2026 Rich List.
The figure is paper wealth tied to the value of his Revolut shareholding rather than cash income, salary or dividends. The Sunday Times records it as average gains over the 12 months since the 2025 edition.
Storonsky, 41, renounced his Russian citizenship and took UK nationality after Vladimir Putin’s invasion of Ukraine. He has publicly opposed the war.
He began his career as a derivatives trader at Lehman Brothers and Credit Suisse before founding Revolut with Vlad Yatsenko, the company’s Chief Technology Officer. Yatsenko features on this year’s Rich List at No. 107 with £1.55 billion.
Revolut secured a full UK banking licence in March, lifting restrictions that had previously prevented the challenger bank from holding customer deposits directly or offering its own credit products.
The company began life as a foreign-exchange app and has since expanded into current accounts, share trading, cryptocurrency and business banking, claiming more than 50 million customers across the UK, European Union and other markets.
Storonsky’s haul was not the only outsized gain from a Moscow-born British national. Alex Gerko, the 46-year-old founder of trading firm XTX Markets, made average daily gains of £19.9 million to reach No. 8 with £16.01 billion. Gerko, who also renounced his Russian citizenship and has opposed the war, climbed 12 places.
The Sunday Times Rich List 2026 records 157 billionaires in the UK, one more than last year but 20 fewer than the peak four years ago.
The 350 wealthiest individuals and families share combined wealth of £784 billion, equivalent to roughly a quarter of UK GDP.
Storonsky sits among a minority of high-net-worth individuals choosing to remain in Britain.
Nearly a third of the British citizens on this year’s list no longer live on the British mainland, and 15 foreign nationals from the 2025 edition have moved to lower-tax destinations including Monaco, Dubai and Switzerland.
Tax changes unveiled by Chancellor Rachel Reeves, including the end of the non-dom regime, are believed to have driven the exodus.
“Britain remains very attractive to wealthy investors. London is the capital of capitals. The Chancellor talks regularly to wealthy people who are committed to staying in Britain,” said a Treasury spokesman.
