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

Ben Stupples | Bloomberg

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.

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.

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First Published: Apr 02 2021 | 1:20 PM IST

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