SHE'S the unlikely businesswoman who looks like a maths teacher but earned 265million last year alone, more than 9,500 times the average salary. We use this information to better understand how you use our website so that we can improve your user experience and present more relevant content. condo with a list price of $469900. The company is now a global leader employing 5,100 out of headquarters in Stoke-on-Trent and Gibraltar. The clubs chairman is Peter Coates, while his husband, Richard Smith, is a director. Im not saying Im a shrinkingviolet. In 2018, Coates was paid a 323 million, which included a 50 per cent share of a 92.5m company dividend. As of 2023, Denise Coates net worth is valued at $10 billion making her one of the richest people in United Kingdom. With 50.01 percent of Bet365, Coates is the dominant stakeholder. The property is being erected on the site of a 1.4million country house which Coates bought in 2016 and razed to the ground. beginnings in a Stoke-on-Trent parking lot to a multi-billion-pound gambling Kirsty Bertarelli is the fourth richest woman in the UK with her 9.2billion fortune. But the Coates family has been understandably shy of publicity and the headlines this week will likely have confirmed the view that there is little to be gained in that direction. Denise Coates Founder. days of her career. With a However, leaders. Neighbouring farmer Ed Nield is believed to have been paid more than 1million to scrap plans for canalside marina so she could build her estate. The incredible designs feature a full-sized tennis court and what appears to be a viewing shelter, The property will also feature a modern outdoor space with stone chippings and glass play area surrounded by trees. Do you have 5 minutes to tell us what you think of this service? "And at least it's unashamedly modern. One close neighbour said: 'She has been trying to buy up all the land as she does not want to be overlooked. o Medical Research and Development:1,332,000(2020: 1,649,000). The CEO of a British gambling site has taken home Britain's biggest ever . Denise Coates has hit the jackpot yet again. Get Denise Coates's email address (c*****@googlemail.com) and phone number (+971 56 682 ..) at RocketReach. Billionaire teams up with NASA for mission to find life on Enceladus, The glass house overlooks an artificial lake, (Image: Foster & Partners / cheshireeast), The 'unique' luxury estate with global ambitions, Retiring village: Britain chases its rivals with contemporary living, Get wooden floor style with luxury vinyl floor tiles. The mainstream media gave a sideswipe the gambling trade press for not focusing their coverage on how much money Denise Coates made. The highest paid director of Bet365 Group - believed to be founder and majority shareholder Denise Coates CBE - earned a salary of 421m in the year ending 29 March. We have found 80 people in the UK with the name Denise Coates. Thank you for your feedback. The answer to that is quite simple though. Denise Coates, founder of bet365. View our online Press Pack. Smith also works for Bet365, The Sunday Times reports. It is unknown if she adopted or gave birth to the remaining child. Facebook gives people the power to. 7 Conover Way Unit 7, Bradford, MA 01835 is for sale. This week it emerged she had paid herself 469million -the biggest salary in UK history. runs one of the most successful bookmakers in the world (in one of the most Thepublic side does not come naturally to me. formidable revenue flooding into bet365, Denise formed the Denise Coates Until recently, Denise Coates Foundation Building (IC6), Keele, Newcastle-under-Lyme, Staffordshire, ST5 5NS. realized the potential of the internet and believed that it would revolutionize making so much money from gambling, it barely gets a mention that unlike the tax-efficient schemes beloved of Fairburn and executive remuneration committees of listed companies, Coates is paying herself a straight wage. Edward Colclough rebuffed efforts by the betting queen to snap up his property in Cheshire as it backs onto her planned huge estate. Get the latest business insights from Dun & Bradstreet. Now, however, Denise and her husband are building their dream house in Crewe, UK, and the process has been anything but private. the fact that she was born on 26th September 1967, this admittance of an early For other inquiries, Contact Us. Not willing to sit still, she obtained a large loan from Barclays Bank and added a nearby chain of betting parlors to her familys now-expanding company. Keen to maintain her privacy, Coates has been offering neighbours vastly inflated sums to sell their homes and extend her grounds further. Interview: Renata Banyar, Betsoft Gamings CMO, Reveals Whats In Store For 2023, Luxors Sky Beam Attracts A Lot More Than Just Casino-goers, Top 10 Fun Things To Do With Kids In Vegas, Where To Find The Best Casino Buffets In Las Vegas, Haralabos Voulgaris: The Story Of A World-Class Bettor. Its just I very much enjoyactually running the business. The Coates family are estimated to be worth around 6.8 billion, making Mrs Coates the UK's 5th richest woman behind Marit and Kirsten Rausing, Charlene de Carvalho-Heineken and Kirsty Bertarelli. Her brother is also invested in the franchises success, despite the fact that Denise has minimal involvement in the organization and rarely attends games. She also has a brother named John Coates. lets focus on her relationship with her father, Peter Coates, and the early time, Coates worked around the clock from a Portakabin in the car park of one Its not hard to see why her position as co-CEO and majority shareholder can be confusing to some. But the Coates have been criticised for not giving more financial support to fund gambling addiction treatment. attributes these false assumptions to the fact that the media decides, for Meanwhile, the bet365 company reported revenue of 2.81 billion (approx. 'We haven't had any offers from her otherwise I would be sitting in the Bahamas. $593 million) in tax last year alone. According to Forbes, Denise Coates has a net worth of 5.8 billion. Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. The tax . The clubs ownership cost the firm more than $38 million in losses in 2015. Grants are normally quite significant. On the Denise Coates was determined not to leave New York regulators in any doubt about the strengths of bet365, the online gambling powerhouse she founded with her brother 22 years ago. jurisdiction with lower tax brackets, Denise has paid almost 1.3 ($1.6) The Denise Coates Foundation bet365 House Media Way Stoke-on-Trent ST1 5SZ Tel: 0845 6000 365 (The Foundation does not advertise an email address.) Following wraps. She started working in bookmaking as a teenager when she worked in shops owned by her father. Search. Allwyn secures 335m accordion loan facilities, Playtika suspends new game development until ROI is viable, Light & Wonder reveals revenue growth in pivotal year, Odds On Compliance launches US affiliate licensing tool, Dutch regulator issues over 26m in financial penalties. We use cookies to collect information about how you use the Charity Commission Register of Charities and Digital Services, such as pages you visit. Share: Email This BlogThis! The paragraph from the annual report stating that a geographical analysis of turnover has not been given, as in the opinion of the directors, such disclosure would be severely prejudicial to the interests of the group, got special attention from the Guardian, for instance. Ive been bossy all my life. A company she started after years of managing her fathers betting store empire. In total Bet365 handed out 607million to senior managers, including Mrs Coates's brother John, who is co-chief executive. The Denise Coates Foundation saw a 50% increase in reserves, despite which it reduced donations to charitable organizations by 3 million. Also this week we saw headlines loudly proclaiming that Denise Coates had been paid the grand sum of 277m in the year to March plus a further 46m in her share of dividends. Denise enrolled at the University of Sheffield and studied Economics as her adolescence came to an end. Her pay packet works out at almost 54,000 an hour and was also more than all of the salaries of the chief executives of Britain's 100 largest listed companies put together. The trustees assess how the proposal aligns to the Foundation's objectives in order to determine whether or not to award a grant. I guess that's why he doesn't want to sell. little information available about her early life, its safe to assume that her The newspapers have made much of what they see as obfuscation on the companys part about the geographical spread of its revenues. Kirsten Rausing is the UK's richest woman and has a fortune of 12.1billion. revenue of 2.81 billion in 2020-2021 alone, bet365 is a sports betting empire Easily able to pass unnoticed in public, Denise Coates's net worth was recently estimated to be $5.3bn, putting her at number 509 on the global Forbes billionaires list. o Community Development:589,000(2020: 2,614,000). Denise took Fondly It is a (north) west midlands economic powerhouse existing at a time when such entities anywhere in the UK are in short supply. She was born, and then she grew up. Find denise coates's contact information, age, background check, white pages, pictures, bankruptcies, property records, liens & civil records. may disagree with the industry in which Denise Coates made her fortune, there She and her husband, Stoke City Football Club director Richard Smith, live in a farmhouse in Sandbach, which is just outside of Stoke. The pair reportedly met at Sheffield University, where Coates gained a first class degree in econometrics. More info. The 4,600-plus staff, of course, but also the many hundreds maybe thousands that work with suppliers to bet365 both within the gambling sector and outside of it. Her husband is a director of Stoke City. In 2020, she earned a salary of 422 million and dividends of 48 million. potential. The farmer who turned down Denise Coates' millions: Neighbour 'refused to sell his land to Bet365 gambling tycoon' as she tried to expand huge 52-acre estate around her futuristic mansion in Cheshire While her picture appears alongside different articles on Bet365, she rarely attends formal events and only conducts interviews via email. empire and Stoke City Football Club ownership, bet365 has experienced Denise Coates began to suspect that the Internet was the wave of the future for sports betting around the turn of the century. We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. While most CEOs would instantly dump such a financial weight, Denise appears glad to bear it, especially if it keeps the man in her life happy. Coates hasnt lucked into her post at an auspicious time. Her undergraduate experience had given her the means to assume a more active role, but she chose to further her education in the accounting department. She bought the domain name on eBay and launched the site in 2001, growing rapidly thanks to prolific advertising fronted by actor Ray Winston. She is the eldest daughter of the Peter Coates, chairman of Stoke City FC, and a director of Bet365. . While adjusting to collegiate life, she obtained work with the family business, marking up bets in the Provincial Racing cashiers department. Test yourself with this Cockney Rhyming Slang quiz. Foundation (formerly known as the bet365 Foundation) in August 2012. A quarter Kate and Prince William 'are keen' for Prince George to have official role in King Charles' coronation - but Royally hard work! Denise returned to the family business, or a small chain of pretty rubbish betting shops after graduation. Coates, 53, earned a director's salary of 421million for her role as chief executive of Bet365, plus another 48million . In 2017, Coates was chastised by Mike Dixon, the CEO of Addaction, for paying herself 217 million. there had been little knowledge of how the Coates spend their money (aside from In total Bet365 handed out 607million to senior managers, including Mrs Coates's brother John, who is co-chief executive. She has spent 20-plus years building the business from that famed carpark portakabin into the global betting and gaming behemoth that Bet365 is today. Canny Mrs Coates who was awarded a CBE in 2012 saw the future of the gambling industry was online, and launched the Bet365 website in 2001 after buying the domain name on eBay. Taking home a salary of 421 million (approx. own catering firm, which focused on providing catering services to sporting her familys ties to Stoke City FC, its unsurprising that her husband, Richard But one farmer has refused to sell, and good on him.'. Denise Coates in the US : 51 records available - 51 records available. Find Denise Coates' current house address. The gambling chief, 53, is developing a luxurious glass house set in 52 acres of Cheshire parkland. Part of the Daily Mail, The Mail on Sunday & Metro Media Group. Billionaire Denise Coates, founder of gambling firm Bet365, takes a 170m cut in pay and dividends. The incredible property is well underway and could be seen being built earlier this month, An artist's impression of how the palatial home of Mrs Coates will look once completed, Designs for the planned house show an incredible palace of glass and steel in the making, The futuristic glass home is complete with a 7,000 square metre artificial lake and boat house. The Coates family, who own Stoke City football club, are also Britain's biggest taxpayers. while others said they were offered million-pound payouts to have their land But, before we get into Denise, lets take a quick look at her father, Peter Coates, whose life is inextricably connected with hers. For a long Unable to convince a single one of them, she then turned to the Royal Bank of Scotland, who granted her a loan of around 14 ($17) million with the entire Provincial Racing chain as collateral. 'Our place is no good to her without the farm land which I believe stretches to where she is building. Aaron Krause Net Worth: How Rich Is The Scrub Daddy Boss? What Are the Odds Of You Regretting Your Next Tattoo? though its unclear when they officially tied the knot. Much like Denise Coates Net Worth: Denise Coates has a net worth of 5.8 billion. Denise graduated with a degree in econometrics after only a few years. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries. Denise opted to go all in because she saw an opportunity to be on the cutting edge of something big while also massively growing the family business. Compare two chief executives. its growth. TheDenise Coates Foundation, formerly known as the bet365 Foundation, aims to promote charitable purposes anywhere in the world for the public benefit, particularly through the provision (or assistance in the provision) of facilities for the promotion of community participation in healthy recreation. o Education and Training:1,831,000(2020: 2,101,000). Today, the Bet365 founder Denise Coates was paid a salary of 199,305,000 along with dividend payments of 18m last year. But the Coates have been criticised for not giving more financial support to fund gambling addiction treatment. Bet365 boss Denise Coates is the fifth richest woman in the UK and is worth 7.2billion. Denise Coates Foundation bet365 House Media Way STOKE-ON-TRENT ST1 5SZ. investors. The business paid 615million to the Exchequer in 2019/20, on top of an estimated 220 million tax bill on Mrs Coates's personal income. . The pair reportedly met at Sheffield University, where Coates gained a first class . There were already a few websites for those interested in placing virtual bets, but the entire sector was still in its infancy. Her background is far more humble though, as Mrs Coates started working in bookmaking as a teenager. $3.5 billion) in March 2021. In its annual results released this week, the company said that net gaming revenue for the year almost topped 3bn, up just under 10% . More than 110 students at Staffordshire University have received bursaries of up to 2,000 thanks to a 'generous' donation from the Denise Coates . he was determined to create a better life from a young age. employees. a few luxuries here and there, Denise Coates prefers to live under the radar. The Coates family, who own Stoke City football club, are also Britain's biggest taxpayers. Most new Cheshire millionaires build McMansions: a curious mash-up of a super-sized developer house that's mated with a Las Vegas casino, whereas Coates has had the good sense to employ one of the world's best architects to design her house, and on the strength of the images I've seen, doesn't look too bad. exponential growth since it launched in 2001. A charity founded by Denise Coates - billionaire CEO of online gaming company Bet365 - has reduced its charitable giving from 9 million to 6 million, despite its shares increasing by nearly 50% to 568 million. She has refused to say whether or not she has children in interviews. As I write, the Denise Coates Exhibition Gallery is hosting a Peter Doig exhibition. Discover your rider rating - how many one-star reviews do Man had sex with his wife on bollard in protest after it had been erected by neighbour to stop him parking Do not sell or share my personal information. View Charles Barnes results in Saint Michaels, MD including current phone number, address, relatives, background check report, and property record with Whitepages. and donated millions of pounds to charities annually. highest-paid company executive in the UK, let alone the highest-paid of all For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, Bet365 boss Denise Coates' bought up neighbouring land under plans for her 90 million Cheshire home. . children together, four of which are sisters adopted from the same family. Coates was the son of a miner and grew up in poverty. What will the next pandemic be? Peter 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% . The 90 million (approx. It is one of the very few UK businesses to truly crack online, employing over 4,600 staff, the majority of which are based in Stoke-on-Trent. online casino news, guides, reviews and information since 1995. In an interview with the Guardian, Coates said: The public side does not come naturally to me. If there is an issue, for the rest of the global gaming industry as much as for the mainstream press, then it lies in where Bet365 makes its money. I was introduced to Doig's work as a child, after an art prize in my home city of Liverpool kickstarted his . Coates o Application deadline: none - a letter of introduction may be made at any time. The sprawling home is set in 52 acres of Cheshire parkland and will include an artificial lake, sunken tennis courts, as well as stables, ornamental gardens, workers' cottages and a boathouse. But he told MailOnline: 'This farm has been in my family for years. She is an American socialite living, Read More Kim Marie Kessler Net Worth, Husband, with Quick FactsContinue, Your email address will not be published. Bet365 boss Denise Coates is the fifth richest woman in the UK and is worth 7.2billion. Contact Us We would love to hear from you. In fact, Bet365 is or should be symbolic of how previously industrial economic heartlands in the UK can be refashioned for the 21st Century. . so, she carved out the future for a billion-dollar empire with over 5,000 Total value of all grants awarded during the year ended 28 March 2021: 6,200,000). Denise Coates is a mum-of-five from a Labour-supporting background who launched her Bet365 betting firm from a Stoke Portakabin but now owns a 52-acre estate, drives Aston Martins and last year . Plans for the estate included an artificial lake, sunken tennis courts, stables, ornamental gardens, workers' cottages and a boathouse. She has spent 20-plus years building the business from that famed carpark portakabin into the global betting and gaming behemoth that Bet365 is today. The property, which began construction in 2019, will be a three-story glass palace designed by architect firm Foster + Partners (famous for buildings like the Gherkin and Wembley Stadium). Others would eventually adopt this strategy, but its worth noting that Bet365 was the first. Im not saying Im a shrinking violet Im not. In its annual results released this week, the company said that net gaming revenue for the year almost topped 3bn, up just under 10% year-on-year while operating profit came in at 767m. of the familys betting shops. Her nationality is English, and her ethnicity is White. This enormous personal fortune also makes Coates the 403rd richest individual on the planet. She is worth 10.3billion and lives with Michel de Carvalho, a financier and director of Citigroup. Her mother and father live next door, and most people wouldnt believe a billionaire lived in the neighborhood if it werent for the security guards and Denises sparkling Aston Martin automobile (one of her few pleasures). She serves as the company's co-CEO (along with her brother, John), and she's also their majority shareholder (50.3%). The gambling chief, 53, is developing a luxurious glass house set in 52 acres of Cheshire parkland. space of 21 years, bet365 has gained over 6 million customers spanning 200 The house will sit on a 52-acre country estate and feature a sunken tennis court, cycle tracks, stables, walled gardens, and even a 75,000 square foot artificial lake with a matching glass lakehouse. After Richard Smith is the husband of Bet365 boss Denis Coates. Charlene de Carvalho-Heineken is the second most wealthy woman in the UK, thanks to her stake in beer firm Heineken. Often significant grants are available to UK registered charities operating in the UK and/or overseas in the areas of health and welfare, community development, medical research and development, education, training, arts, culture, and disaster recovery. her business in the UK in North Staffordshire rather than moving to a All this for being in place at the right time, just as the UK government stoked the embers of the countrys housing market with a whopping industry subsidy misleading called Help to Buy. 18:00, 3 MAR 2023. She worked in shops owned by her father, the son of a miner who made his fortune in the sports stadium catering business. BET365 boss Denise Coates is building a 90m mega-mansion after raking in the UK's biggest every salary of 469million last year. Aside from . Denise Coates is 55 years old, she was born on the 26th of September 1967. 2019. Date of birth. Her background is far more humble though, as Mrs Coates started working in bookmaking as a teenager. Interviews are also uncommon, and she has only spoken to the media a few times (and then only via email). Britains most successful (and understated) business leaders. by Typhoon Haiyan in the Philippines, Funding for gynaecological equipment One, Jeff Fairburn, was formerly the boss at Persimmon the housebuilder or as a scathing report into the companys fire safety procedures put it this week, a house-seller not a housebuilder. whatever reason, that maybe it makes a better story if they say he does.. Considering Mrs Coates, 53, earned a directors salary of 421million for her role as chief executive of Bet365, plus another 48million dividend for her 50 per cent stake in the business. We use this information to better understand how you use our website so that we can improve your user experience and present more relevant content. the future of sports betting. o Arts and Culture:0(2020: 423,000). As a private company, bet365 does not have a wider shareholder base to answer to and is under no obligation to give any further details about where it makes its money. Brooklyn celebrates turning 24 by heading out in Paris with wife Nicola Peltz and Nicola Peltz's fans question if 'feud' with mother-in-law Victoria Beckham is REALLY over as she posts Victoria Beckham leads the sweet birthday messages for son Brooklyn's 24th as the family finally reunite in Tragedies of Everest: The adventurers forever frozen in ice after losing their lives scaling the world's 'Why the last-minute delay?' Join Facebook to connect with Denise Coates and others you may know. to 1998, was purchased by bet365 in 2006 for 1.7 ($2) million. I left school at 16 with six GCSEs - and became a self-made millionaire. It's unlikely that the new lady of the modern manor will hear their protestations, however. Share to Twitter Share to Facebook. Published: 21:22 GMT, 2 April 2021 | Updated: 21:34 GMT, 2 April 2021, A farmer has revealed how he turned down a 'silly money' deal to buy his land by Bet365 boss Denise Coates for her space-age mansion, declaring 'We're not for sale.'. Charity number 1149110. The Foundation's purpose is to distribute funds in support of local, national and international charitable activities, exclusively charitable according to the laws of England and Wales. Prince Andrew chuckles as he encounters female jogger on way to his weekly Windsor horse-riding trip. ($50) million. As of 2021, she has been the highest paid chief executive in . But who is the billionaire gambling boss . First Name. The giant that is bet365 today would not exist if it werent for Denises visionary investment 22 years ago. To inquire about a licence to reproduce material, visit our Syndication site. billion in tax since 2016. REVEALED: Huge sonic boom felt by thousands across the country was caused by RAF Typhoon jets scrambling to Do YOU know your Adam and Eve from your Ruby Murray? D&B Business Directory HOME / BUSINESS . Gambling group founder remains UK's richest woman despite successive cuts to pay package. She sold Provincial Racing to Coral for about $50 million. This was especially critical because many online operators were based in foreign countries with little or no regulatory oversight. But how exactly did Denise Coates turn her fathers modest sports betting portfolio into a billion-pound enterprise? 27 March 2022. Full disclosure Mrs Coates started working in bookmaking as a teenager when she worked in shops owned by her father, the son of a miner who made his fortune in the sports stadium catering business. When these houses were built they were as bling as anything, but we're accustomed to them now, and they are perceived as the epitome of good taste. Because the Foundation tends to proactively identify causes to support, a letter of introduction may be the best way to make an approach in the first instance. Grant awarded made during the year were categorised as follows: o Health and Welfare:2,274,000(2020: 2,213,000). Mrs Coates took a salary of 421million, topped up with a 48million dividend payment from her 50 per cent stake in the business. Weve gathered information from many places on the Internet in the hopes that it will create a good picture of where shes been and where shes heading. And for all the medias moral huffiness about a woman a woman! Denise Coates was paid 213mn in the year to March 2022, plus a minimum 50% share of a 100mn dividend . events. The dream estate is set in 52 acres of Cheshire parkland, Bet365 boss Denise Coates, 53, earned a whopping 469million last year, The plans also include sunken tennis courts, The lavish property is being designed by world renowned architectural design firm Foster and Partners, There is also a two-metre security fence around the property and round-the-clock security, Bet365 boss Denise Coates, 53, worked in betting shops before eyeing the online gambling market, In total Bet365 handed out 607million to senior managers, including Mrs Coates's brother John, who is co-chief executive, Happy Mondays star Bez launches own racing club, Denise Coates house: Bet365 boss building 90m mega-mansion as she rakes in UKs biggest ever salary of 469 million, Inside sinister rise of pink cocaine sweeping UK nightclubs as warring cartels battle to control 'Coca Cola of drugs', We live on Britain's WORST street - it's rife with drug addicts, crime & prostitutes we're terrified for our lives, Man 'naked and covered in blood' arrested before mum found 'murdered' at home as neighbours reveal hearing screams, Leicester 'explosion': Listen to massive 'sonic' boom that shook homes and rattled windows.

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