Denise Coates
| Use attributes for filter ! | |
| Gender | Female |
|---|---|
| Age | 56 |
| Date of birth | September 26,1967 |
| Zodiac sign | Libra |
| Born | Stoke-on-Trent |
| United Kingdom | |
| Salary | £265 million (2018) |
| Children | 5 |
| Residence | Sandbach |
| Cheshire | |
| England | |
| Net worth | 6. 8 billion USD (2019) |
| Forbes | |
| Spouse | Richard Smith |
| Job | Businessperson |
| Parents | Peter Coates |
| Education | The University of Sheffield |
| Siblings | John Coates |
| Alma mater | University of Sheffield |
| Date of Reg. | |
| Date of Upd. | |
| ID | 520859 |
Denise Coates Life story
Denise Coates CBE is a British billionaire businesswoman, the founder, majority shareholder and joint chief executive of online gambling company Bet365. As of July 2023, Forbes estimates Coates's net worth at $7.7 billion. In 2020, she earned a salary of £422 million and dividends of £48 million.
Bet365 gambling boss earns £213m in one year
... The highest paid director of Bet365 Group, believed to be founder Denise Coates, earned a salary of £213...
Bet365 boss Denise Coates gets £300m pay package - a £170m cut
...Bet365 boss Denise Coates took home about £300m during its last financial year - £170m down on the previous year - as growth stalled...
Bet365: UK's best-paid boss hits £320m jackpot
...Bet365 boss Denise Coates has received a £323m payday, confirming her position as the UK s best paid executive...
Bet365 boss Denise Coates gets £300m pay package - a £170m cut
Bet365 boss Denise Coates took home about £300m during its last financial Year - £170m down on the previous Year - as growth stalled.
The Billionaire founder of the online gambling firm received £250m in salary and a share of The Company 's pay-out of £97. 5m in dividends.
Ms Coates, one of Britain's wealthiest women and a major philanthropist, has received a total of about £1. 3bn from The Business in The Past five years.
Bet365 was created 21 years ago.
Ms Coates and her Brother John took over a betting shop business run by their father, spotting that online gambling could revolutionise the industry. She now owns about half of The Company .
Bet365's latest accounts filed at Companies House show revenues were broadly flat at £2. 82bn in The First Year of the pandemic, compared with £2. 81bn in the previous Year .
Although not named in the accounts, Ms Coates has always been regarded as the person referred to as " highest paid director". She is thought to be Britain's highest individual tax payer.
It's unclear why the pay fell so much, although Bet365's earnings from sports betting was hit as the pandemic caused chaos to sporting schedules. A rise in betting via online slot machines and casinos helped offset The Loss .
Bet365 said: " At the start of the period we experienced The Almost complete cessation of sporting events. However by The End of The First half of the Year , we saw the resumption of sports with the vast majority of European football leagues managing to conclude their domestic seasons. "
Meanwhile, operating profit increased by 47% Year -on-Year to £285. 5m, a gain The Firm said was driven in large part by reduced pay packets for directors.
Bet365 made charitable donations, mostly to the Denise Coates Foundation, of £103m, up from almost £90m the Year before.
Ms Coates achieved a first-class degree in econometrics and later trained as an accountant within The Family firm.
The Company owns Stoke City football club, and is based in The City .
Source of news: bbc.com
Denise Coates Photos
