Denise Coates’s profile picture

Denise Coates

Founder and Joint CEO, Bet365
Denise Coates’s profile picture
Net worth 2018: $5.06 Billion
Residence: Stoke-on-Trent, United Kingdom
BirthDay: 26 September 1967
Sigh: Libra
Children: 5
BIOGRAPHY

Denise Coates was bornon 26 September 1967 in Stoke-on-Trent, United Kingdom, United Kingdom, is Founder and Joint CEO, Bet365. Denise Coates is #397 in List Billionaires People In The World. Denise Coates is co-CEO of Bet365, one of the world's largest online gambling companies, along with her billionaire brother, John. She started out working for her father, crunching numbers in his betting shops while still in school. After training as an accountant, she took over some of those shops, turning around their fortunes before selling them to large bookmaker Coral. Noting the success of online gambling businesses, Coates bought the domain Bet365.com in 2000 and launched the website in 2001. She owns around half of privately held Bet365, which had $2 billion in revenues and facilitated $45 billion in bets in the year through March 2016.

NET WORTH STATISTIC
2014

$1.6 Billion

2015

$2.9 Billion

2016

$3.8 Billion

2017

$3.6 Billion

2018

$5.06 Billion

TIMELINE
2017

In 2017, Coates was criticised for paying herself £217m, with Mike Dixon, CEO of Addaction, saying "It cannot be right that the CEO of a betting company is paid 22 times more than the whole industry ‘donates’ to treatment

2016

Since its inception, Bet365 has grown into one of the world's largest online gambling companies, with $2 billion in revenues and facilitating $45 billion in bets in the year through March 2016

2015

In 2015, Bet365 moved its headquarters to Gibraltar because of its favourable regulations

2013

In 2013, Coates was named as one of the 100 most powerful women in the United Kingdom by Woman's Hour on BBC Radio 4

2012

In 2012, Coates was appointed a Commander of the Order of the British Empire (CBE) for services to the community and business

2005

In 2005 these shops were sold to Coral for £40 million which also paid off the loan to RBS

2000

In January 2000, Coates purchased the domain name Bet365

1995

In 1995, she became managing director of the betting shop estate

1967

Denise Coates CBE (born 26 September 1967) is an English billionaire businesswoman, the founder and joint chief executive of online gambling company Bet365

(3.1/147 votes)
Related Person
Manuel Lao Hernandez’s profile picture
Manuel Lao Hernandez
Net Worth is $3.07 Billion
John Coates’s profile picture
John Coates
Net Worth is $2.48 Billion
Lawrence Ho’s profile picture
Lawrence Ho
Net Worth is $2.46 Billion
Jon Yarbrough’s profile picture
Jon Yarbrough
Net Worth is $1.99 Billion
Dominique Desseigne’s profile picture
Dominique Desseigne
Net Worth is $1.75 Billion
Kim Taek-Jin’s profile picture
Kim Taek-Jin
Net Worth is $1.58 Billion