Denise Coates Net Worth is
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Denise Coates (born September 1967), CBE is an English business woman founder and current Joint Chief Executive of online gambling company Bet365. She has been listed in the Forbes magazinea??s 28th annual rich list, with an estimated personal fortune of $1.6 billion (roughly A?960 million).


Denise is the eldest daughter of Peter Coates, current Chairman of Stoke City F.C. and director of Bet365 and is married to Richard Smith, a director at Stoke City Football Club. She attended the University of Sheffield and achieved a first in econometrics.
While at school, Denise Coates started work in the cashiersa?? department within the family bookmaking firm, Provincial Racing, where she would mark up bets. After leaving university she trained as an accountant within the family business, before being given the opportunity to take over the small chain of shops. Having turned round the shopsa?? fortunes, Coates obtained a loan from Barclays to acquire a neighbouring chain. In 1995, she became managing director of the betting shop estate.
In January 2000, Denise Coates purchased the domain name Bet365.com. While working in a temporary building on a car park near one of her shops, she spent a year creating a new online betting site. Bet365.com was launched in 2001. The business borrowed A?15 million from RBS against the familya??s betting shop estate.
In 2005 these shops were sold to Coral for A?40 million which also paid off the loan to RBS. Since its inception Bet365 has grown into one of the worlda??s largest online gambling companies, which Denise still runs alongside her brother John. She is the majority shareholder with 50.01% of the shares. Her personal fortune is estimated at $1.6 billion (roughly A?960 million) on Forbes magazinea??s 28th annual rich list. This makes her the 1,092nd richest person in the world.
In 2012 Denise Coates was appointed CBE for services to the community and business.
In 2013 Denise was named as one of the 100 most p

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Denise Coates Latest News

Denise Coates: UK's highest paid female boss ever who's worth more than Richard Branson

Ms Coates was awarded a CBE in 2012 and was named one of the 100 most powerful women in the UK in 2013 Getty Bet365 founder Denise Coates was paid a salary of £199,305,000 along with dividend payments of £18m last year. But who is the billionaire ...
Posted: November 13, 2017, 5:45 am

10 Things You Never Knew About Britain’s Highest Paid Boss

Bet365 Co-Founder and Chief Executive Denise Coates earned £217 million last year to officially become the highest paid British boss. Not the highest paid woman, the highest paid person in the entire country. But just how much do you actually know about ...
Posted: December 1, 2017, 4:54 am

Hedge fund manager pays himself £270 million — £70 million more than his fund's profits

In 2014, he paid Cooper £337 million in the largest ever British divorce settlement. The news follows last month's revelation that Denise Coates, founder of Bet365, paid herself £217 million.
Posted: December 8, 2017, 1:14 pm
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