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UK's richest woman gets $648 million in salary from betting empire

Her salary of 421.2 million pounds from the closely held British firm makes her one of the world's best-paid bosses

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Coates is the only woman among 17 U.K. billionaires on Bloomberg’s wealth index, which includes Virgin Group founder Richard Branson and Joe Lewis, owner of Tottenham Hotspur Football Club.

2 min read Last Updated : Apr 02 2021 | 1:24 PM IST

Denise Coates has hit the jackpot yet again.

The 53-year-old founder and chief executive officer of Bet365 Group Ltd. pocketed 468.9 million pounds ($648 million) in pay and dividends, almost 50% more than a year earlier, according to a filing from the online bookmaker.

Her salary of 421.2 million pounds from the closely held British firm makes her one of the world’s best-paid bosses. It also strengthens her status as the U.K.’s richest woman, adding to a fortune already among the world’s 500 largest, according to the Bloomberg Billionaires Index. Coates has earned more than $1.5 billion over the past decade, according to data compiled by Bloomberg.